KATHMANDU, MAY 29

President Bidya Devi Bhandari has issued three ordinances related to the federal budget on recommendation of the Council of Ministers.

The three ordinances - the 'Economic Ordinance, 2078', 'Appropriation Ordinance, 2078' and 'Ordinance to Raise National Loans, 2078' - were certified on Saturday pursuant to Article 114 (1) of the Constitution of Nepal, the Office of the President stated.

The government is unveiling new budget for the fiscal year 2021/22, today.

As the House of Representatives remains dissolved, the Finance Minister is presenting an 'ordinance budget', after the president's certification, as it is a constitutional obligation of the government to table one before May 29.