Nepal, April 14 -- Development expenditure has reduced to 29 percent by the third quarter of the current Fiscal Year 2024/25.

According to data from the Financial Comptroller General Office (FCGO), as of the end of Chaitra (April 13), the government's capital expenditure stands at only Rs 102.90 billion. For the current FY, the government had allocated Rs 352.35 billion under the capital expenditure heading. Compared to the annual allocation, the current capital spending amounts to only 29.2 percent.

Not only development expenditure, but overall budget spending during this period has also remained weak. As of the end of Chaitra, only 53.67 percent of the annual allocated budget has been spent.

For the current FY, the government has int...