Despite continuous bandhs in eastern Terai and sporadic unrest across the country, the growth in revenue collection has been impressive till mid April this fiscal year.

According to revenue collection statistics till the first nine months of the current fiscal year 2006/07, released by the Ministry of Finance, revenue growth has touched 22 percent – highest in recent times.

As per the Ministry’s report, government has collected Rs 56.65 billion revenue – which is more by 22.2 percent compared with the same period previous year.

Likewise, during the period, of the total Rs 75.36 billion released by Nepal Rastra Bank (NRB) only Rs 66.56 billion have been spent. The volume of resource released is more by 9.51 percent while the volume of spending is more by 14.17 percent compared to the same period previous year.

Furthermore, of the total resource released, Rs 52.97 billion have been released as recurrent expenditure – of which Rs 47.76 billion have been spent. Likewise, Rs 14.43 billion have been released as capital expenditure – of which Rs 11.66 billion have been spent. Nearly Rs 8 billion have been released to service debts and interests – of which Rs 7.13 billion have been spent.