Finance Ministry Revises Downward Budget Expenditure Estimates for Current Fiscal Year
Kathmandu. The Ministry of Finance has published the mid-term evaluation report of the budget for the fiscal year 2082/83.
In this report, the government has revised the estimated budget expenditure for the current fiscal year. While reviewing the budget mid-term, the Ministry of Finance estimates that expenditure will decrease by 14.04 percent from the size mentioned in the budget.
On Jestha 15, the government introduced a budget amounting to NPR 19 kharba 64 arba 11 crore. Of this, NPR 11 kharba 80 arba 98 crore was allocated for recurrent expenditure, NPR 4 kharba 7 arba 89 crore for capital expenditure, and NPR 3 kharba 75 arba 24 crore for financial management.
According to the revised budget, the estimated expenditure is NPR 11 kharba 25 arba 97 crore for recurrent expenditure, NPR 2 kharba 43 arba 30 crore for capital expenditure, and NPR 3 kharba 19 arba 04 crore for financial management, which represents 95.34 percent, 59.65 percent, and 85.02 percent, respectively, compared to the initial budget.
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