GoN's revenue collection at 39.28% and expenditure at 24.09% by the end of sixth month; When are they picking up the pace?

Wed, Jan 15, 2020 4:47 PM on Economy, Latest,

The fiscal year 2076/77 has crossed its mid-point, but none of the budgetary particulars is anywhere near 50% as of Poush 29, 2076.

The total revenue collection stands at Rs 4.33 kharba as opposed to the targeted revenue of Rs 11.12 kharba. This value is 38.95% of the targeted amount. The government has collected 40.03% of the targeted amount of non-tax revenue and 38.84% of the targeted amount of tax revenue. In the case of grant, the record shows nil so far.

Similarly, on the expenditure side, the government has spent only 24.09% of the targeted expenditure so far. The capital expenditure stands at Rs 58.39 arba as of the end of the sixth month, which is only 13.72% of the targeted amount.

The figure below shows the budgetary status of Government of Nepal as of Poush 29, 2076.