#NepalRastraBank #GovernmentDe
General Government Deposits with NRB Surge by Rs. 34.1 Billion in One Year
The government’s deposits at NRB have grown significantly, improving short-term fiscal stability but raising questions about the effectiveness of spending capacity. The trend signals better financial strength but also reflects persisting weaknesses in capital expenditure management.
Sandeep Chaudhary
1 min read
Nepal Rastra Bank’s (NRB) latest balance sheet data shows that general government deposits have surged by Rs. 34.1 billion within a year, reaching Rs. 226.6 billion in August 2025 compared to Rs. 192.5 billion in the same month of 2024. This sharp rise of 17.7 percent highlights the government’s increasing cash surplus parked at the central bank.
Analysts say the surge in deposits reflects stronger revenue collection, improved fiscal discipline, and higher inflows of foreign aid and loans during the period. While revenue and grants have boosted government coffers, a slower pace of capital expenditure has also contributed to unspent balances accumulating at NRB.
The rising deposits at the central bank indicate a temporary fiscal cushion, strengthening liquidity at the government’s disposal. However, experts caution that keeping large funds idle without efficient mobilization in development projects can slow down economic growth. Instead, timely disbursement in infrastructure, social programs, and capital formation could multiply the benefits of these resources.
Written by
Sandeep Chaudhary