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  • Friday, 15 May 2026

FCGO says development expenditure remains below 28%

Published Date : May 15, 2026

Kathmandu, May 15: The government has spent nearly 60 percent of the annual budget allocation by the end of Baisakh (May 14) of the current fiscal year 2025/26, according to the Financial Comptroller General Office (FCGO).

FCGO data shows that the government spent Rs. 1.173 trillion during the first ten months of the fiscal year. The total budget for the current fiscal year stands at Rs. 1.964 trillion, meaning 59.75 percent of the annual allocation has been utilised so far.

Under recurrent expenditure, the government had allocated Rs. 1.180 trillion for the fiscal year, of which 68.98 percent — equivalent to Rs. 814.65 billion — has already been spent by the end of Baisakh.

However, capital expenditure remains significantly low. Out of the allocated Rs. 407.88 billion under the development expenditure heading, only 27.91 percent, or Rs. 113.84 billion, has been spent so far.

Similarly, under the fiscal management heading, budget expenditure has reached 65.30 percent. The government had allocated Rs. 375.24 billion for fiscal management this year, of which Rs. 245.01 billion has already been utilised.

Meanwhile, revenue collection has reached only around 66 percent of the annual target. The government had aimed to collect total revenue of Rs. 1.533 trillion in the current fiscal year but has managed to collect only Rs. 1.012 trillion by the end of Baisakh.

Of the total target, the government had projected Rs. 1.480 trillion from revenue collection alone. In the first ten months, it collected Rs. 988.05 billion, equivalent to 66.69 percent of the annual target.

Foreign aid mobilisation has also remained weak. The government had targeted receiving Rs. 53.44 billion in foreign assistance this fiscal year, but only Rs. 17.78 billion — 33.28 percent of the target — has been received so far, according to the FCGO. #Nepal

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