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Nepal’s recurrent expenditure exceeds Rs 1.225 trillion

KATHMANDU: At the joint session of the federal parliament on Monday, Finance Minister Prakash Sharan Mahat announced that Nepal’s recurrent expenditure has surpassed Rs 1.225 trillion. Additionally, revenue collection is anticipated to decline by six percent in FY 2023/24. The aftermath of the COVID-19 pandemic, coupled with the ongoing...

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