The government’s development spending remained sluggish in the first nine months of the current fiscal year 2024/25, with only 29 percent of the allocated capital budget utilized by mid-April.

According to data from the Financial Comptroller General Office (FCGO), capital expenditure stood at Rs 102.9 billion as of April 13, 2025. The government had allocated Rs 352.35 billion for capital spending in the current fiscal year, but only 29.2 percent of the budget under this heading has been used so far.

The overall budget execution has also been weak. By mid-April, the government had spent Rs 998.5 billion, which is 53.67 percent of the total budget of Rs 1,860.33 billion for 2024/25.

Under current expenditure, the government had allocated Rs 1,140.66 billion, of which Rs 678.6 billion or 59.45 percent was spent by mid-April.

Spending under the financial management heading reached 59.23 percent of the allocated amount of Rs 367.28 billion.

Meanwhile, revenue collection has also lagged behind. By April 12, 2025, the government had collected Rs 821.67 billion, which is only 57.89 percent of the annual revenue target of Rs 1,419.30 billion.

Foreign grant inflows remained especially weak. Out of the annual target of Rs 52.33 billion, only Rs 14.27 billion—or 27.27 percent—has been received so far. -- RSS