KATHMANDU: The government has revised its spending estimate for the current fiscal year, projecting that only 89.4 percent of the total allocated budget will be utilized.
According to Finance Minister Bishnu Poudel, the revised figure amounts to Rs 1.662 trillion.
The breakdown includes 88.05 percent of the current expenditure, 83.04 percent of the capital expenditure, and 97.06 percent of the financial management budget.
Revenue mobilization for fiscal year 2081/82 is estimated to increase by 17.01 percent, reaching Rs 1.267 trillion.
The revised estimate also includes foreign aid grants of Rs 34.89 billion and foreign loans of Rs 169.6 billion.
Although the initial plan was to raise Rs 330 billion through domestic borrowing, Rs 360 billion had already been mobilized by mid-Baisakh.
The total budget of Rs 1.863 trillion for the current fiscal year was originally presented by then Finance Minister Barshaman Pun.
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