Nepal, July 18 -- Government income and expenditure both remained weak in the last Fiscal Year (FY) 2024/25, according to the Financial Comptroller General Office (FCGO). Compared to annual targets, the government spent 81 percent and earned 82 percent of its projected revenue.

For the FY, the government had unveiled a budget of Rs 1.860 trillion. By the end of Asar (mid-July), the government had spent Rs 1.523 trillion-equivalent to 81.87 percent of the annual target.

Out of the Rs 1.140 trillion allocated for recurrent expenditure, the government spent Rs 980.28 billion, which is 85.95 percent of the target.

Likewise, out of Rs 352.35 billion allocated for capital expenditure, the government spent Rs 222.68 billion, equivalent to onl...