Bill to replace budget ordinance tabled amid House obstruction; budget size reduced by Rs 14.74 billion

NL Today

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Kathmandu: The government has tabled a bill to replace the budget ordinance by suspending some rule of the House of Representatives. Finance Minister Janardan Sharma presented the bill amid protests from UML lawmakers at the meeting of the Parliament on Friday.

Through the bill, Minister Sharma tabled an annual budget of Rs 1.6 trillion. The budget size has been reduced by Rs 14.74 billion. Domestic borrowing has been reduced by 37 percent and recurrent expenditure has been curtailed by 10 percent.

Earlier today, Minister for Finance Sharma had tabled ordinances on budget amid obstruction from the main opposition CPN-UML. The ordinances were endorsed amidst protest.

The main opposition CPN-UML has obstructed the meeting of the House of Representatives, yet again on Friday. The UML lawmakers left their seats immediately after the start of the meeting and picketed the bell.

The UML HoR members argued that those who were taken action by the party could not attend the meeting and also chanted slogans against Speaker Agni Prasad Sapkota accusing him of abetting the UML party split.

The UML had taken action against 14 lawmakers including leader Madhav Kumar Nepal, which the Speaker denied to approve.