KATHMANDU, Feb 4: The total expenditure of the Government of Nepal stood at Rs 667.60 billion during six months of FY 2024/25.
Nepal Rastra Bank (NRB) stated this in its report 'Current Macroeconomic and Financial Situation of Nepal (Based on Six Months Data Ending Mid-January, 2024/25)', quoting the Ministry of Finance, Financial Comptroller General Office (FCGO).
The recurrent expenditure, capital expenditure and financial expenditure amounted to Rs 452 billion, Rs 56.94 billion and Rs 158.66 billion respectively in the review period.
In the review period, total revenue mobilization of the Government of Nepal, including the amount to be transferred to provincial and local governments, stood at Rs 559.61 billion. The total revenue comprises tax revenue amounting Rs 489.40 billion and non tax revenue Rs 70.21 billion in the review period.
The Cash Balance at various accounts of the GoN maintained with NRB remained Rs 297.70 billion, including Provincial Governments and Local Government Account, in mid-January 2025. It was Rs 83.99 billion in mid-July 2024.
Provincial Government Expenditure and Revenue
In the review period, total expenditure of provincial governments was Rs 44.81 billion and resource mobilization was Rs 84.91 billion. The total resource mobilization of provincial governments includes the grants and revenue transferred from the Government of Nepal amounting to Rs 67.17 billion, and revenue and other receipts of the provincial governments amounting Rs 17.74 billion in the review period.