Nepal

HoR passes budget for 2019-20

HoR passes budget for 2019-20

By Himalayan News Service

In this undated image lawmakers participate in the meeting of the House of Representatives in Federal Parliament building, in New Baneshwor, Kathmandu. Photo: Parliament

Kathmandu, June 25 The House of Representatives today passed the budget for the next fiscal year. Finance Minister Yubaraj Khatiwada had presented the budget on May 29. The appropriation bill of the budget was passed with majority in the House. Before that FM Khatiwada proposed the bill in the house for final approval. The appropriation bill will be sent to the National Assembly. The NA has 15 days to reply with feedback. If the NA fails to give feedback within 15 days the HoR will send the bill for final approval to the president.