Kathmandu. In the current fiscal year 2082/83, the government has spent only 44.51 percent of the allocated budget for development.

The government had allocated Rs 407.88 billion for capital expenditure in the current fiscal year. Out of this, only Rs 181.56 billion has been spent. This is only 44.51 percent of the total allocation.

The government has spent Rs 33.16 billion in a single day.

Particularly, the capital expenditure directly related to development construction is limited to 44.51 percent, indicating that the implementation of government projects and economic activities have not picked up the expected momentum.

The government had presented a budget of Rs 1.964 trillion for the current fiscal year. Out of which Rs 1565.13 billion has been spent. This is only 79.69 percent of the total budget.

The government has allocated Rs 1180.98 billion for the current fiscal year of the current fiscal year, out of which Rs 1042.84 billion has been spent. This amount is 88.3 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 340.72 billion has been spent. That’s 90.8 percent of the target.

Similarly, the government had set a target of collecting Rs 14.80 trillion revenue in the current fiscal year. The revenue is only Rs 1,175.87 billion. This is 79.45 percent of the target.

The government has collected only 80.2 per cent 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. Of this, only 73.5 per cent of the target has been collected.

The government, which has not been able to spend 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 53.97 per cent of the target has been achieved.

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.