Sunday, December 22nd, 2024

HoR approves three ordinances


10 September 2021  

Time taken to read : 2 Minute


  • A
  • A
  • A

KATHMANDU: The meeting of the House of Representatives today approved the Economic Ordinance, 2078 BS, the Ordinance to Mobilize Internal Loans, 2078 BS, and the Appropriations Ordinance, 2078 BS.

Finance Minister Janardan Sharma presented the ordinances in the second meeting of the HoR amidst the protest and sloganeering by the main opposition party, the CPN (UML).

The ordinances were approved by a majority of the HoR. Before this, the House rejected by a majority votes the notice registered by Prem Suwal of the Nepal Majdoor Kisan Party seeking rejection of the ordinances by the House.

The first meeting was postponed for 15 minutes. As soon as Speaker Agni Prasad Sapkota announced the start of the second meeting, the opposition party lawmakers picketed the rostrum and continued sloganeering.

The Speaker allotted time to Suwal to put his views amidst the chanting of slogans by the opposition MPs.

After this, Finance Minister Sharma, responding to queries related to the ordinance, said it was not true that the price fluctuation in the capital market was done in an illegal manner and at will of an individual.

He also informed that an investigation committee has been formed under the leadership of former justice of the High Court to probe into the alleged irregularities in the Securities Board and the Nepal Stock Exchange.

The UML MPs continued their protest by sloganeering even during the process the ordinances were being tabled and approved in the House.

Publish Date : 10 September 2021 21:33 PM

Rabi Lamichhane refutes fraud and money laundering allegations

KATHMANDU: Rabi Lamichhane, the Chair of the Rastriya Swatantra Party

Rabi Lamichhane faces suspension as lawmaker following money laundering case

KATHMANDU: Rabi Lamichhane, the Chair of Rastriya Swatantra Party (RSP),

Finance Committee discusses amendments to Secured Transactions Act

KATHMANDU: The Finance Committee under the House of Representatives convened

Janakpur Bolts supporters face racism and violence, leaders demand action

KATHMANDU: Janakpur Bolts’ victory in the inaugural season of the

Case filed against Rabi Lamichhane claiming Rs 270 million in money laundering

POKHARA: A case has been filed against Rabi Lamichhane, former