The linkages between sources of revenue and expenditures support achieving the targeted goals of the 16th five-year development plan. This study first analyzed the structural pattern of revenues and expenditures of the Nepal Government. Secondly, the relevance of sources of revenues analyzed and added additional sources of income. Finally, the linkages between sources of revenue and expenditures have been established. For this, the descriptive and analytical research design have been employed. To analyze the structural patterns of revenues and expenditures of the Nepal Government after adopting the federal system in 2015, descriptive statistics tools have been employed. The analysis of the relevancy of sources of revenues and linkages between sources of revenues and expenditures have been established by employing a focus group discussion. The results of secondary data analysis show that due to the increase of foreign debt the national GDP has been increased, which could produce debt trap. Primary data analysis concluded that the focus should be given to the national prioritized projects rather than the small projects for sustainable goals. The study could be useful for the policy making and implementation levels of three tires of government agencies.
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