Kathmandu. In the current fiscal year 2082/83, the government has spent 78 percent of the budget.

The government had presented a budget of Rs 1.964 trillion for the current fiscal year. Out of which Rs 1,531.97 billion has been spent. This is only 78 percent of the total budget.

The government has spent the amount till Wednesday. The capital expenditure in the current fiscal year is very disappointing. Out of the total capital allocation of Rs 407.88 billion, only Rs 163.17 billion has been spent. This is only 40 percent of the total allocation.

The government has allocated Rs 1180.98 billion for the current fiscal year, out of which Rs 1030.42 billion has been spent. This amount is 87.25 percent of the total allocation.

The government spends on the salary, allowances, administrative expenses and regular government liabilities of the employees.

The government has allocated Rs 375.24 billion for financial management, out of which Rs 338.36 billion has been spent. This is 90.17 percent of the target.

Particularly, the capital expenditure directly related to development construction has been limited to 40 percent, indicating that the implementation of government projects and economic activities have not picked up the expected momentum.

Similarly, the government had set a target of collecting Rs 14.80 trillion revenue in the current fiscal year. Revenue has been limited to Rs. 1156.63 billion. This is 78.15 percent of the target.

The government has collected only Rs 79.33 billion of the tax revenue against the target of Rs 1,325.58 billion.

Similarly, the target was to collect Rs 154.41 billion in non-tax revenue. Only 68.02 per cent of the target has been collected.

The government, which has not been able to present the budget in the current fiscal year, has not been able to get the grant as expected. The government had set a target of getting Rs 53.44 billion in grants. Only 51.73 per cent of the target has been achieved.

In the last fiscal year, the government had presented a budget of Rs 1.86 trillion. Of this budget, 78.84 percent was spent.

Similarly, 84.51 per cent of the current expenditure was Rs 1140.66 billion.

Likewise, Rs 352.35 billion was spent for capital expenditure, out of which 52.96 per cent of the target was spent.

The then Finance Minister Bishnu Prasad Poudel had presented the budget for the current fiscal year. This budget has been implemented by the Sushila Karki government formed after the Jenji agitation on September 7 and 24 and the Balen government formed after the March 4 elections.

After the Genji movement, there has been no confidence in the private sector.

The government also could not spend capital under pressure. The market could not function as the government did not spend capital expenditure.