Government Struggles with Development Spending at 10%, Revenue Collection Lags at 20% of Target

As the current financial year approaches its midway point with four and a half months elapsed, the government's utilization of its development capital stands at a modest 10.2%. According to the Financial Comptroller General Office, the government has disbursed Rs 30.27 arba for the ongoing fiscal year, with an additional Rs 3.20 kharba allocated for previous expenditures.

Within the first four and a half months of the fiscal year, the total government expenditure has reached 20.75%, amounting to Rs 3.63 kharba. Notably, 24.4% of this expenditure has been directed towards current expenses, covering salaries, allowances, and administrative costs for employees.

Concurrently, the government's revenue collection has displayed a sluggish performance, achieving only 20.66% of the targeted revenue during this period. The breakdown reveals that 20.77% is from tax income, while non-tax income contributes 19.49%.

The government's revenue collection goal for the current financial year is Rs. 14.22 kharba. However, as of now, it has generated Rs. 3.12 kharba. Consequently, the government's expenditures surpass its income by Rs 50.61 arba.