Out of a total budget allocation of Rs 1,964 billion for the current fiscal year, Rs 801 billion 374 million and 900 thousand has been spent by the end of the month of Magh (February 12). This is equal to 40.8 percent of the annual allocation.
Out of the allocation of Rs 1,180 billion 980 million under the current expenditure heading this year, 47.62 percent or Rs 562 billion 371 million and 500 thousand has been spent. Similarly, under the capital expenditure heading, out of the allocation of Rs 407 billion 888 million, 15.62 percent or Rs 63 billion 729 million and 900 thousand has been spent.
Expenditure under the heading of financial management until the end of Magh is 46.71 percent. Under this heading, out of an allocation of Rs 375 billion 242 million, Rs 175 billion 273 million and 500 thousand has been spent.
For this fiscal year, the government had set a target to collect Rs 1,533 billion 446 million 900 thousand in revenue, of which 44.49 percent progress has been made by the end of Magh month. So far, Rs 682 billion 167 million and 300 thousand in revenue has been collected.
Towards the tax revenue heading, 45.21 percent of the annual target, i.e. Rs 599 billion 314 million 600 thousand, and 42.55 percent of the annual target for non-tax revenue, that is Rs 65 billion 713 million, has been collected, according to the FCGO.
The government had a target of receiving foreign aid equivalent to Rs 53 billion 446 million 900 thousand in the current fiscal year. By the end of Magh, Rs 12 billion 837 million 900 thousand had been received, which is 24.02 percent of the annual target, the Office reported. (RSS)
