KATHMANDU, June 22: While the federal government is facing a massive shortfall in revenue collection and the sub-national governments are under pressure on their declining treasury balance, they have allocated a total of Rs 17.35 billion on unproductive expenses to be done by lawmakers.

KATHMANDU, September 19: Every year when the government is busy preparing the annual budget, it faces pressure to allocate funds for the projects put forth rampantly by the lawmakers.

KATHMANDU, July 18: The government’s spending under capital expenditure appeared dismal yet again in the fiscal year 2020/21 that ended on Thursday with the government utilizing only 64.69 percent of the funds allocated under the heading.

KATHMANDU, June 29: The government has sped up ‘Asare Bikas’-- the year-end rush to exhaust the money allocated for development projects -- in a bid to save it from potential criticisms that it was unable to make enough capital expenditure.

KATHMANDU, May 30: The government has tried to establish its rationale behind the presentation of a full budget as being constitutional and feasible for implementation, despite the budget facing widespread criticism for being a ‘populist and distributive’ one enforced by a caretaker government.

KATHMANDU, March 17: The Ministry of Finance (MoF) on Monday asked the ministries concerned to take prudent measures while formulating the budget document to be forwarded to the MoF by March 28.