Budget session of federal parliament kicks off today

Kathmandu: The budget session of the federal parliament kicked off today. As summoned by President Ram Chandra Paudel as per Article 91 (1) of the Constitution, the budget session began its business.

The meetings of both the National Assembly and House of Representatives kicked off at Parliament Building, New Baneshwor at 4:00 pm. HoR Speaker Devraj Ghimire recited the letter received from the President’s Office regarding the summoning of the House session.

In this session, the government will present its annual policy and programs, and budget. At the beginning of the session, a pre-budget discussion would be held.

For the pre-budget discussion, Finance Minister Dr Prakash Sharan Mahat is scheduled to present a proposal seeking discussion on principles and priorities of appropriation bill (except tax) for fiscal year, 2080/2081.

Minister for Law, Justice, and Parliamentary Affairs Dhanraj Gurung tabled the Ordinance in today’s meeting of the House of Representatives.

The ordinance was promulgated by the President on May 3. The government had decided to amend the law through an ordinance to address the problems of the usury or loan sharking victims

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