36 days of FY 2076/77 remaining; only 30.16 per cent capital expenditure spent as of now

The government’s capital expenditure (capex) as of June 9 of the current fiscal year has been recorded at 30.16 per cent, according to the Financial Comptroller General Office (FCGO).

The government had allocated Rs 4.08 Kharba budget for spending on development works for the fiscal year 2076/77 out of which Rs 1.23 Kharba has been spent as of now.

Similarly, under the recurrent expenditure heading, the government has spent 67.18 per cent of the allocated Rs 9.57 Kharba.

Under the recurrent spending heading, the government has spent which is Rs 6.42 Kharba which is 67.18 per cent of the allocated Rs 9.57 Kharba.

The ongoing fiscal year’s budget amount is Rs 15.32 Kharba. The government, rolling recurrent expenditure and financial management into one, recorded a total of 55.44 per cent which is Rs 8.49 Kharba.

Similarly, the government spent 49.96 per cent (Rs 0.83 Kharba) of the Rs 1.67 Kharba allocated for financial management, the budget allocated for capital formation through public corporations.

Likewise, the government has collected 57.43 per cent of the revenue collection target as of 11 months of the current fiscal year. The government had targeted an annual revenue collection of Rs 11.12 Kharba but collected Rs 6.38 Kharba.