Almost 42.77% Of Capital Expenditure (CAPEX) Remains Unutilized For The Fiscal Year 2078/79

With the fiscal year 2078/79 ending, almost 42.77 percent of the total capital budget remains under utilised. Capital expenditure is the money spent by the government on the development of physical assets. In Nepal, the capital budget is met by balancing domestic revenue after meeting the recurrent budget, grants, and loans.

According to the Financial Comptroller General Office's (FCGO) daily receipts and payments status report, out of Rs. 3.78 Kharba of the entire capital allocation only Rs. 2.16 Kharba has been spent this fiscal year.

Apart from capital expenditure, the FCGO has reported tax revenue of Rs. 9.84 Kharba and non-tax revenue of Rs. 83.7 Arba for the fiscal year-end. A total of Rs. 48.4 Arba in other receipts has been recorded.

Meanwhile, just 62.5% of the financing amount has been spent. The financing budget is used to repay the government's loan principal and interest, as well as to make investments.