February 27: The government has presented Principles and Priorities of the Appropriation Bill for the fiscal year 2081-82 BS in parliament. The government amended the existing laws to present the bill three months before the announcement of the annual budget.
Finance Minister Dr Prakash Sharan Mahat presented a proposal for discussing the principles and priorities of the Appropriation Bill (except taxation) at a meeting of the House of Representatives on Monday. While presenting the bill, Finance Minister Mahat claimed that the upcoming budget will elevate the country’s economy to the standard of global economy and will fulfill the basic needs of the people and also uplift the living standard of people facing financial hardship.
The parliament will begin in-principle discussions on the Principles and Priorities of the Appropriation Bill for the upcoming fiscal year from March 4.
As scheduled by Speaker Devraj Ghimire, the deliberations on the principles and priorities of the Appropriation Bill will be held for seven days beginning on March 4 and conclude on March 17.
Office-bearers of parliamentary parties should register name of lawmakers taking part in the deliberations at the Federal Parliament Secretariat one hour before the commencement of the session. The registration shall be made on the basis of the political representation in the parliament.