Revenue exceeds target though situation was adverse: FinMin

KATHMANDU: Finance Minister Bishnu Prasad Paudel said on Tuesday that the government succeeded in collecting revenue more than its target in the outgoing fiscal year notwithstanding the challenges in the wake of devastating earthquake and months long border blockade.

The government collected Rs 7 billion as revenue in the fiscal year Year 2015/16 though the target was of collect Rs 475 billion.

Organising a press conference at the Ministry of Finance today, Minister Paudel dubbed the revenue collection as an major achievement.