KATHMANDU: The meeting of the House of Representatives (HoR) has approved a proposal seeking consideration of the ‘Appropriation Bill, 2081’.
The proposal was endorsed by a majority vote.
During today’s meeting, Finance Minister Barshaman Pun tabled the proposal.
Earlier, he responded to lawmakers’ queries during the theoretical discussion on the bill.
He clarified that the bill needed to be presented in parliament to authorize the spending of the federal reserve fund for services and works, and to allocate the amount for the next fiscal year accordingly.
According to Minister Pun, Rs 1,457 billion was proposed for spending across current expenditure, capital expenditure, and financial management combined.
He noted that most of the issues were consistent with previous proposals, with only a few new additions.
He argued that the bill would help the concerned ministries implement the budget effectively.
Lawmakers Dayal Bahadur Shahi, Rajan Kumar KC, Hitraj Pandey, and Prem Suwal participated in the theoretical discussion on the proposal.
Comment