The Office of the Auditor General submitted the integrated financial statement for fiscal year 2024/25 to Finance Minister Rameshore Khanal on Tuesday. The report shows that the combined funds of federal, provincial, and local governments have posted a deficit of Rs 108.99 billion, mainly due to shortfalls in revenue collection. Despite this, the government’s overall cash balance remains positive at Rs 104.13 billion. Auditor General Shobhakant Paudel noted that the government frequently relies on overdrafts from Nepal Rastra Bank to manage expenditures, while the persistent gap between revenue targets and actual collection continues to strain public finances.
