The government finally released a full budget (in 9th month!) for FY2013. On 9 April 2013, the President endorsed Appropriation Ordinance 2013, Financial Ordinance 2013 and Ordinance to Mobilize Internal Debt 2013. Earlier, the government released one-third budget on 15 July 2012 and two-third budget on 20 November 2012, keeping the expenditure limit at Rs 351 billion. Below is a breakdown of expenditure allocation and projected revenue for FY2013.
FY 2013
| ||
| GDP growth rate (%)- revised | 3.6 | |
FULL budget allocation for FY 2013
| ||
| Rs billion | % | |
| Projected total expenditure | 404.8 | |
| Recurrent | 279.1 | 68.9 |
| Capital | 66.1 | 16.3 |
| Financial provision | 59.7 | 14.7 |
| Projected total revenue | 341.0 | |
| Revenue | 289.6 | |
| Foreign grants | 47.0 | |
| Principal repayment | 4.4 | |
| Deficit financing | 63.8 | |
| Foreign loans | 25.8 | |
| Domestic borrowing | 38.0 | |
