Due to rise in non-budgetary expenditures (by peace building-related activities), the budget deficit reached Rs 7.41 billion in the first four months of the current fiscal year. A surplus of Rs 1.97 billion had been recorded in the same period last year, states Nepal Rastra Bank (NRB).
The government expenditures had increased by 9.9 per cent in the corresponding period of the previous year.
On debt servicing, expenditure on principal repayments increased by 83.0 per cent to Rs 4.39 billion as compared to a rise of 35.2 per cent in the corresponding period of the previous year.
Out of the total payment, Rs 2 billion went for repaying domestic debt and Rs 2.39 billion for the external debt.
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