Revenue collection exceeds govt expenditure ​​​​​​​The government spending in the first two months of the current fiscal year remained 7.49 per cent of the total allocation. Business 19 Sep, 2023
Government's expenditure surpasses income Fiscal deficit is going up as revenue collection is minimal in comparison to the public expenditure. Business 16 May, 2023
Capex at below 30 per cent in nine months The government’s capital expenditure continued to remain sluggish in the first nine months of the current fiscal year at Rs 107 billion of the total annual allocation of Rs 380.38 billion under the capital budget heading. Business 15 Apr, 2023
Capital expenditure at less than 15pc in H1 The government’s capital expenditure continued to be sluggish in the first six months of the current fiscal at 14.05 per cent or Rs 53.455 billion of the total annual allocation of Rs 380.38 billion under the capital budget heading. Business 17 Jan, 2023
Capex at below 5pc in first three months of FY The government’s capital expenditure continued to be sluggish in the first three months of the current fiscal at 4.91 per cent or Rs 18 billion of the total annual allocation of Rs 380.38 billion under the capital budget heading. Business 13 Oct, 2022
Banks deposits go up as capex accelerates With the surge in government expenditure and uptick in remittance, commercial banks witnessed sudden growth of deposits between June 17 and July 8. Kathmandu 13 Jul, 2022
EDITORIAL: Perennial problem When the new constitution was promulgated by the second Constituent Assembly on September 20, 2015, all the political parties had agreed that the fiscal budget should be presented on Jestha 15, two months before the end of the fiscal year. Opinion 12 Jul, 2022
Government spends over Rs 25bn in one day Keeping up with annual trend of ramping up its spending towards the end of every fiscal year, the government has set a record in treasury expenditure this time around as well. Blogs 11 Jul, 2022
Capital expenditure at less than 40 per cent With the fiscal year 2021-22 set to end in mid-July, the government has yet again failed to spend adequate capital budget allocated for development projects. So far, the government has spent just 39.96 per cent of its allocated capital budget. Business 01 Jul, 2022
FinMin pushes for accelerating capital expenditure Finance Minister Janardan Sharma has directed the secretaries of all the ministries to submit the details of the projects and plans under their ministries, clarifying whether or not expenditure is possible. Business 02 Feb, 2022
FCGO, Huawei receive National ICT awards The government has honoured the Financial Comptroller General Office (FCGO) with first ever National ICT Award towards the public sector. As the office has been utilising ICT platform for most of its services, the government has felicitated the office today with the award on the occasion of fourth National ICT Day. Business 03 May, 2021
Country receives foreign aid worth Rs 5.30bn in eight months In the first eight months of the current fiscal year, the country has received foreign aid worth Rs 5.30 billion. Business 15 Mar, 2021