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House of Representatives Just In Nepal budget 2020/21 nepal budget discussion News Political

House of Representatives approves budget plan by majority vote

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House of Representatives approves budget plan by majority vote
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File: Nepal’s Parliament constructing

Kathmandu, June 10

The House of Representatives on Wednesday endorsed the federal government’s annual price range plan for the subsequent fiscal yr 2020/21 by majority vote.

Finance Minister Yuba Raj Khatiwada had introduced the plan in a joint assembly of each homes of the Federal Parliament on May 28. The National Assembly is but to approve the price range.

When Speaker Agni Prasad Sapkota put the plan to vote throughout the House assembly held as we speak, the lawmakers of the ruling Nepal Communist Party, which instructions a majority within the House, supported the plan. Other lawmakers together with these of the principle opposition Nepali Congress and the People’s Socialist Party Nepal voted in opposition to the plan.

Before endorsing the price range, the House had rejected 26 price range discount proposals registered by opposition lawmakers by majority vote.

The new fiscal yr will start on July 16.


Published on June 10th, Wednesday, 2020 4:18 PM


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