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Govt spends 26.14% of capital expenditure target

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KATHMANDU, March 14: The government has spent only 26.14 percent of the total targeted capital expenditure during the first eight months of the current fiscal year.



Krishna Prasad Devkota, spokesperson at the Ministry of Finance (MoF) told Republica on Thursday that capital expenditure touched Rs 13.42 billion during the review period against a target of Rs 51.34 billion set in the current ordinance budget. [break]



Similarly, regular expenditure has been recorded at Rs 130.87 billion which is 52.61 percent of the total target of Rs 246.37 billion. The government also spent Rs 11.5 billion under financial management expenditure during the period which is 21.41% of the target of Rs 53.72 billion.



Out of the total budgetary allocation of Rs 351.93 billion for the current fiscal year, the government spent Rs 184.8 billion or 43.98 percent during the review period.



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