KATHMANDU, April 12: The government collected only half of its targeted revenue even as the third quarter of the current fiscal year is about to end.

KATHMANDU, March 15: Nepal faced a budget deficit of Rs 137.75 billion in the first eight months of the current fiscal year due to a surge in financial liability on debt service of the government.

KATHMANDU, March 13: At a time when contractors have been complaining about delayed payments for their services, the government is found to have expedited their payments over the past two months.

KATHMANDU, Feb 14: The government spent only 21.05 percent of the funds allocated for the development works in the first seven months of the current fiscal year.

KATHMANDU, Dec 18: The government fell short of Rs 69.07 billion in managing its expenditure compared to the total receipts in the first five months of the current fiscal year.

KATHMANDU, July 10: Government accounts across the country have been frozen. The Financial Comptroller General Office has frozen the accounts of the federal, provincial and local governments since 12 o'clock last night.

KATHMANDU, April 18: The state treasury of Nepal faced a negative cash balance of Rs 187 billion as of mid-April in the current fiscal year, with soaring expenditure amid slow revenue collection.

KATHMANDU, April 14: The government has witnessed a 2.9 percent increment in expenditures than incomes in the third quarter of the current fiscal year, 2022/23. During the period, the budget deficit crossed the Rs 218 billion mark, according to the data with the Financial Comptroller General Office.

KATHMANDU, March 16: The government has come up with measures to cut expenses due to pressure to manage financial resources for its day-to-day operation following the low revenue collection.

KATHMANDU, March 15: The government of Nepal's budget deficit as of eight months of the current fiscal year 2022/23 has surpassed Rs 156.44 billion, according to the details unveiled by the Financial Comptroller General Office (FCGO).

Kathmandu, Dec 17: The government’s budget expenditure in the first five months of the current fiscal year stands at 24.26 percent of Rs 1,793 billion allocated for FY 2022/23. A report published by the Financial Comptroller General Office (FCGO) shows that the government’s capital expenditure is weak while the current expenses are comparatively high.

KATHMANDU, August 25: Despite the crisis created by the COVID-19 pandemic, the government has collected nearly Rs 100 billion in the first month of the current fiscal year. The government collected Rs 94 billion in the month of Shrawan (mid June to mid-July) alone. Compared to the last three years, the revenue collection this year seems to be higher.