KATHMANDU: Government revenue collection and expenditure have remained sluggish in the first seven months of the current fiscal year 2025/26, according to data released by the Financial Comptroller General Office (FCGO).
As of mid-February, the government has achieved 44 percent of its annual revenue target, while overall expenditure stands at around 40 percent.
Out of the total budget allocation of Rs 1,964 billion for the current fiscal year, Rs 801.37 billion has been spent so far, which accounts for 40.8 percent of the annual budget.
Under the recurrent expenditure heading, Rs 562.37 billion—equivalent to 47.62 percent of the allocated Rs 1,180.98 billion—has been spent. However, capital expenditure remains particularly weak. Of the allocated Rs 407.88 billion for development spending, only Rs 63.73 billion, or 15.62 percent, has been utilized.
Similarly, expenditure under the financial management heading has reached 46.71 percent. Of the Rs 375.24 billion allocated for this purpose, Rs 175.27 billion has been spent by the end of Magh.
On the revenue side, the government had set a target of collecting Rs 1,533.45 billion in the current fiscal year. By the end of Magh, revenue collection stood at Rs 682.17 billion, reflecting 44.49 percent progress.
According to the FCGO, 45.21 percent of the annual tax revenue target—amounting to Rs 599.31 billion—has been collected so far. Likewise, non-tax revenue collection has reached Rs 65.71 billion, which is 42.55 percent of the yearly target.
The government had also aimed to receive foreign assistance worth Rs 53.45 billion this fiscal year. However, only Rs 12.84 billion, or 24.02 percent of the target, had been received by the end of Magh, the office reported.
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