Development expenditure only 23.58 percent in nine months
Kathmandu. In the nine months of the current fiscal year 2082/83, the government has spent about 54 percent of the budget. The government had brought a budget of 19 trillion 64 billion rupees for the current financial year. Out of that, the government has spent 10 trillion 59 billion of the budget till March, according to the information of the Comptroller General's Office under the Ministry of Finance.
According to the office, most of the allocated budget has been spent on operational topics. This is the expenditure incurred for the regular operation of the government. This expenditure does not create new wealth or provide long-term returns. Generally, this expenditure reaches 62 percent of the total budget.
This year, the government allocated a budget of 11 trillion 80 billion rupees under the current heading. Out of this, the government has spent 7.47 billion budget till the review period. The government has not been able to spend much on capital. Capital expenditure is spent on roads, bridges, school buildings, hospitals, irrigation, hydropower and long-term infrastructure. The budget has not been spent on such a topic.
Due to the tension in West Asia in particular, construction workers are facing shortage of bitumen fuel. Its impact is seen in capital expenditure. The government had set aside four trillion seven billion rupees to spend in the current fiscal year. Out of this, 96.19 billion has been spent. This expenditure is 23.58 percent of the allocated budget.
Express
Related News
The price of gold increased, how much did it reach per tola?
Kathmandu. The price of gold increased on Sunday. According to the Nepal Gold and Silver Traders Federation, today the price of gold has increased by Rs 2,300 per tola.
Along with this, on Sunday, the price of Chhapawal gold has remain...
125 contracts stopped due to fuel price hike
Chitwan. 125 contract works run by Infrastructure Development Office Chitwan have come to a halt. Due to the rising cost of essential items including fuel, it has become impossible to work on these contracts. According to the head of the office, B...
Economic growth is expected to be limited to 3.855 in the current year
Kathmandu. In the current fiscal year 2082/83, the economic growth rate of Nepal is projected to be 3.85 percent. According to the national accounting data released by the National Statistics Office on Tuesday, the size of the economy is expected...
What is the regulation rate of which foreign currency on Thursday?
Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today. According to the fixed exchange rate, the buying rate of one US dollar is 149 rupees 78 paisa and the selling rate is 150 rupees 38 paisa. Similarly, the...
Amendment of the protocol of transit treaty between Nepal-India, all types of cargo can be transported
Kathmandu. With the amendment in the protocol of the transit treaty between Nepal and India, now all kinds of cargo can be transported to Bhairahawa through Kolkata and Visakhapatnam, Biratnagar Jogwani and Nautanwa Su...
China to launch new action plan to strengthen digital currency management and operations
Kathmandu. China has announced that it will launch a new 'action plan' to strengthen the management and operation of its digital currency from January 1. Lu Lei, the deputy governor of People's Bank of China PBOC, the country's central bank, gave...



