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Govt faces fiscal deficit as revenue falls short, spending surges in FY 2024-25

KATHMANDU: With one month left in fiscal year 2081/82, Nepal’s government has collected NPR 1.027 trillion in revenue, supplemented by non-tax sources and foreign grants, totaling NPR 1.044 trillion in income. However, this represents only 70% of the annual target, signaling a significant shortfall, according to the Ministry of...

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