Kathmandu, Oct. 19 -- The government's capital expenditure stood at a mere 4.7 percent as of the first quarter of the current fiscal year (FY), which ended on Friday.

The records maintained by the Financial Comptroller General Office (FCGO) show that the government spent Rs 19.18 billion in development projects during the first three months between mid-July and mid-October this year. The government has allocated a total of Rs 407.88 billion under this heading for FY 2025/26.

Every year, the government's expenditure on development projects remains pathetic in the starting phase of the FY. However, the spending grows dramatically with the approaching end of the respective FY, due to rampant expenses to exhaust the allocated funds.

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