KATHMANDU, Oct 17: The government is under pressure to manage necessary amounts to meet the day-to-day liabilities under the headings of recurrent expenditure amid pretty low revenue collection.

KATHMANDU, Sept 29: The government took an additional debt of Rs 49.23 billion in the first two months of the current fiscal year amid low revenue collection and unchecked recurrent expenditure.

The government has recently announced measures to tackle the widening budget deficit caused by low revenue collection. The budget deficit as of eight months of the current fiscal year 2022/23 has surpassed Rs 156.44 billion, with the government having spent Rs 779.23 billion of its budget as of mid-March this year, while the revenue collection stood at Rs 622.78 billion.

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.