Kathmandu. As of mid-April of the current fiscal year, the government has spent around 60 per cent of its annual budget.

According to the Office of Financial Comptroller General, Rs 1,173.52 billion has been spent in the last 10 months. Out of the total budget of Rs 1,964.11 billion for the current fiscal year, 59.75 per cent of the allocated budget has been spent so far.

According to the office, Rs 1180.98 billion has been allocated for the current fiscal year out of which 68.98 per cent or Rs 814.65 billion has been spent till mid-May. Similarly, Rs 113.84 billion or 27.91 per cent of the total capital expenditure of Rs 407.88 billion has been allocated.

So far, 65.30 per cent of the budget has been spent towards financial management. The government has allocated Rs 375.24 billion for the current fiscal year under this heading, of which Rs 245.01 billion has been spent so far.

As of mid-April, the government’s income has shrunk to 66 percent of the annual target. The government has so far earned Rs 1012.05 billion against the target of Rs 1,533.44 billion for the current fiscal year. The government has collected only Rs 988.55 billion or 66.69 per cent of the annual target in the last 10 months of the current fiscal year.

The government has so far received 33.28 per cent or Rs 17.78 billion in foreign aid against the target of Rs 53.44 billion for the current fiscal year.