Federal Consolidated Fund Shows Deficit of Rs. 196 Billion — Government Spending Exceeds Revenue

Kathmandu — The Federal Consolidated Fund of Nepal has shown a deficit of Rs. 196.34 billion as of the fiscal year 2081/82 (2024/25), indicating that the government’s expenditures have exceeded its total revenues.

According to the Office of the Auditor General (OAG), although government income surpassed expenditure during the fiscal year on a direct comparison, after overall adjustments, the consolidated account still reflected a negative balance. By the end of the previous fiscal year 2080/81, the deficit had reached Rs. 224 billion, showing an improvement of around Rs. 28 billion this year.

On Friday, Auditor General Shobha Kant Paudel submitted the Annual Internal Audit Report and the Integrated Annual Statement of Government Assets to Finance Minister Rameshwor Prasad Khanal.

The report further stated that the federal government’s cash position is also negative by Rs. 31.34 billion. However, considering the balance in various funds and extra-budgetary entities, the cash and bank balance overall stands positive by Rs. 65.81 billion.