The government has failed to meet its revenue collection target for the first eight months of the current fiscal year, achieving only 82.60 percent of the planned amount, according to data from the Ministry of Finance Nepal.
The government had set a revenue target of Rs 910.20 billion for the period between mid-July 2025 and mid-March 2026. However, actual collections reached only Rs 765.10 billion during this period.
Revenue performance in the most recent month was also below expectations. The government managed to collect just 85.46 percent of its monthly target. Against a goal of Rs 96.57 billion, only Rs 82.53 billion was collected.
Compared with the same period in the previous fiscal year (2024/25), this year’s performance is weaker. During that period, the government collected 84.27 percent of its target, raising Rs 729.66 billion against a goal of Rs 865.81 billion.
In terms of the annual target, the government has achieved only 49.89 percent so far. Out of the total yearly revenue goal of Rs 1.533 trillion, Rs 765.10 billion has been collected by the end of the eight-month period.
Government spending—especially on development projects—has also remained sluggish. Data from the Financial Comptroller General Office (FCGO) shows that only about 19 percent of the capital expenditure budget has been utilized during the same period.
Of the Rs 407.88 billion allocated for capital spending, only 19.24 percent has been used. This marks a decline compared with the 23.43 percent utilization recorded during the same period in the previous fiscal year.
Overall, out of the total annual budget of Rs 1.964 trillion for the current fiscal year, the government has spent Rs 926.58 billion as of Saturday, representing 47.18 percent of the total allocation.
A breakdown of expenditure shows that 54.37 percent of the Rs 1.180 trillion allocated for recurrent spending has been used. Meanwhile, under the financial management heading, Rs 205.95 billion—equivalent to 54.89 percent of the Rs 375.24 billion allocation—has been spent so far.
