Sunday, December 22nd, 2024

House endorses Appropriation Bill amidst UML protest

To meet next on Sept 23


20 September 2021  

Time taken to read : 2 Minute


  • A
  • A
  • A

KATHMANDU: The meeting of the House of Representatives (HoR) has been adjourned till September 23 following the obstruction by the main opposition CPN-UML.

However, the meeting has endorsed an Appropriation Bill tabled by Finance Minister Janardhan Sharma today.

The Appropriation Bill now will be tabled in the Upper House for endorsement. Once it is passed by the National Assembly and returned to the HoR, the Speaker will sign the document and send it to the President for authentication. The National Assembly will have to return the bill within 15 days.

Questing over the Bill, lawmaker of Nepal Workers and Peasants Party (NWPP) Prem Suwal said it is wrong idea to run the government on loan stating that Nepal has already a staggering loan of Rs 17 trillion.

Earlier, the ruling coalition parties had issued a whip to all the lawmakers to be present in the House meeting for the endorsement of the budget-related bill.

The Government had not been able to spend from the state treasury without the endorsement of the appropriation bill.

The erstwhile government led by CPN-UML on May 29 had brought ordinance budget for the current fiscal year and it was presented in the federal parliament on July 19.

As per the provision, an ordinance had to be passed within 60 days.

Publish Date : 20 September 2021 12:39 PM

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

NEPSE index drops by 13.53 points

KATHMANDU: The NEPSE Index dropped by 13.53 points, or 0.52%,

Money laundering case filed against Rabi’s wife Nikita

KATHMANDU: A money laundering case has been filed against Nikita