29 per cent development expenditure until third quarter of FY 2024/25

KATHMANDU: The development expenditure has shrunk to 29 per cent until the third quarter of the current fiscal year 2024/25.

According to the data of the Financial Comptroller General Office, the capital expenditure of the government as of April 12, 2025 is only Rs 102.9 billion.

The government had allocated Rs 352.35 billion under the capital heading for the current fiscal year.

The capital expenditure so far is 29.2 per cent of the annual allocation.

Not only the development expenditure, but the overall budget expenditure of this period has been weak.

As compared to the annual allocation, 53.67 per cent of the budget has been spent till April 13.

The government had presented a budget of Rs 1 trillion 860 billion and 30 million for the current fiscal year.

An amount of Rs 998.50 billion has been spent till this April 13.

Similarly, out of Rs 1 trillion 140 billion and 66 million allocated under the current head, 59.45 per cent or Rs 678.06 billion has been spent, according to the Financial Comptroller General’s Office.

The expenditure under the financial management heading is equivalent to Rs 59.23 per cent till April 13.

For the current fiscal year, the government has allocated Rs 367.28 billion under this heading, and of this 59.23 per cent of the annual allocation has been spent.
Revenue collection also weak

The revenue collection is also weak in this period. Out of the total revenue collection target of Rs 1 trillion 419 billion and 30 million, only Rs 821.67 billion has been collected in revenue till April 11. This is equivalent to 57.89 per cent of the annual target.

Similarly, only Rs 14.26 billion in foreign grant or 27.27 per cent of the annual target has been collected so far against the target of collecting Rs 52.32 billion in foreign grants this year.