February 13: The government has spent 37.22 percent of the budget in the first seven months of the current fiscal year 2022/23. 
As per the data released by the Financial Comptroller General Office, the government has spent Rs 667.65 billion in the first seven months of the current fiscal year.

In the review period, the government’s administrative expenditure stood at Rs 531.50 billion out of Rs 1183.23 billion appropriated under the recurrent expenses for the fiscal year 2022/23. This is 44.92 percent of the total budget appropriated for the administrative expenses. 

Under the capital expenditures, the government spent Rs 66.29 billion out of the total Rs 380.38 billion. This is only 17.43 per cent of the annual budget allocation under the capital expenses. 

Similarly, out of total Rs 230 billion allocated for the financial management, the government spent Rs 69.85 billion, which is 30.34 per cent of the total annual budget appropriated for the financial management.

In the first seven months of the current fiscal, the expenses incurred for payment of principal and interest amount of the government debt exceed capital expenditures. 

The government has collected  38 percent revenue in the review period. Despite the government’s target to collect the revenue of Rs 1454.23 billion, it has collected revenue of only Rs 554.23 billion.

The government has received a foreign grant of Rs 4.80 billion in the review period, which is only eight percent of its target of receiving the grant of Rs 55.45 billion in the current fiscal year.