Banking News – Nepal’s government recorded lower-than-target revenue collection and budget spending during the fiscal year 2025/26 (2082/83 BS), according to the Office of the Financial Comptroller General (OFCG). The government achieved 83.51% of its revenue target while utilizing 80.55% of the annual budget allocation.

The government had announced a budget of Rs. 1.964 trillion for the fiscal year. By the end of Asar (mid-July), total expenditure stood at Rs. 1.582 trillion, according to official data.

Under the recurrent expenditure heading, the government had allocated Rs. 1.181 trillion, of which 88.4% was utilized, amounting to Rs. 1.044 trillion.

Capital expenditure remained significantly weak. Out of the allocated Rs. 407.89 billion, the government spent only Rs. 190.84 billion, equivalent to 46.79% of the annual target.

Meanwhile, expenditure under the financing category reached Rs. 347.33 billion, representing 92.56% of the allocated Rs. 375.24 billion.

On the revenue side, the government had targeted Rs. 1.533 trillion in revenue collection but managed to collect only Rs. 1.281 trillion, achieving 83.51% of the target.

Similarly, the government had expected to receive Rs. 53.45 billion in foreign grants during the fiscal year. However, only Rs. 31.26 billion was received, representing 58.5% of the annual target.