By Ajay Chhetri, Kathmandu, Apr. 13. The Nepal Rastra Bank has unveiled the current macroeconomic situation of Nepal based on the data of the last eight months of this fiscal, till mid-March.
According to the NRB, aggregate expenditure of the federal government in the last eight months stood at Rs. 571.02 billion. In this, recurrent expenditure, capital expenditure and financial expenditure stood at Rs. 455.82 billion, Rs. 79.70 billion and Rs. 35.51 billion respectively.
However, such expenditure was Rs. 562.97 in the review period of the last fiscal year. There is 1.4 percent increment in aggregate expenditure of the federal government in comparison to the previous fiscal.
Similarly, in the review period, the government managed to mobilise Rs. 571.20 billion in which tax-revenue was Rs. 527.67 billion and non-tax revenue was Rs. 43.53 billion. However, federal government had mobilised Rs 630.80 billion in the same period of previous year. This is 10 percent less compared to the same period of the previous year.
Do not make expressions casting dout on election: EC
14 Apr, 2022CM Bhatta says may New Year 2079 BS inspire positive thinking
14 Apr, 2022Three new cases, 44 recoveries in 24 hours
14 Apr, 2022689 climbers of 84 teams so far acquire permits for climbing various peaks this spring season
14 Apr, 2022How the rising cost of living crisis is impacting Nepal
14 Apr, 2022US military confirms an interstellar meteor collided with Earth
14 Apr, 2022Valneva Covid vaccine approved for use in UK
14 Apr, 2022Chair Prachanda highlights need of unity among Maoist, Communist forces
14 Apr, 2022Ranbir Kapoor and Alia Bhatt: Bollywood toasts star couple on wedding
14 Apr, 2022President Bhandari confers decorations (Photo Feature)
14 Apr, 2022