The government has collected a total of Rs 61.37 billion in the first month of the current fiscal year
The government has collected a total of Rs 61.37 billion in the first month of the current fiscal year.
According to Financial Comptroller General Office, revenue collection in the first month of this fiscal is satisfactory and almost equal to the revenue collection of same period of the previous fiscal.
As per the office, revenue amounting to Rs 69.77 billion had been collected during the same period last fiscal year.
The government has targeted to collect revenue of around Rs 1,011 billion during the current fiscal year. Of this target, the first month’s collection is 6.07 per cent.
The government was struggling to collect revenue after April in this year due to the COVID-19 pandemic. However, in July the government collected most of the due payments despite the hurdles created by the pandemic, stated the office.
Similarly, except the revenue the government has earned Rs 8.12 billion income through international loans and aid during this period. Along with this, the government’s total income so far is Rs 69.50 billion.