Politics

Finance Minister presents budget-related Replacement Bill

KathmanduPati September 10, 2021

File photo

KATHMANDU – Finance Minister Janardan Sharma tabled the bill to replace the ordinance budget brought by the erstwhile government in today’s session of the House of Representatives (HoR).

In the third meeting of the Lower House, the Finance Minister presented an estimate of income and expenditures of the current fiscal year 2078-79 BS (2021-22) with revisions.

The bill incorporates the issues relating to the reduction of multi-dimensional poverty, securing a high economic growth rate and adopting and promoting the inclusive economic policy as salient features of the budget. Likewise, the presentations of the Appropriation Bill-2078 BS and the bill to raise national debt-2078 BS in the today’s HoR session are in the schedule.

The bill to replace the ordinance budget announced by the previous government led by the CPN (UML) was presented in the third meeting of HoR amidst the protest and obstructions from the main opposition CPN (UML). Once Speaker Agni Prasad Sapkota announced that the meeting was convened, the UML lawmakers reached the rostrum to picket it and sloganeered.