House rejects budget bills with majority votes
KATHMANDU: The Parliament with majority votes rejected the Finance Bill, the Bill to Raise Domestic Debt and the Loan and Guarantee Bill, on Friday.
The bills were rejected after the previous ally CPN Maoist Centre and the main opposition Nepali Congress decided to vote against the bills.
House rejects Finance Bill, Bill to Raise Domestic Debt
KATHMANDU: The Finance Bill failed to get endorsed from the Parliament as majority of lawmakers voted against the Bill.
The Parliament meeting is currently holding discussions on the Bill to Raise Domestic Debt, and Loan and Guarantee Bill.
Taking part in the discussion on the Bill to Raise Domestic Debt, former Finance Minister and Nepali Congress leader Ram Sharan Mahat criticised the bill as it added unnecessary debt on Nepali people.
In response, Finance Minister Bishnu Prasad Paudel said the increased debt was necessary to meet financial needs of the nation.
Budget bills unlikely to get endorsed due to NC-Maoists' nay
KATHMANDU: The House is unlikely to endorse the Finance Bill, Bill to Raise Domestic Debt, and Loan and Guarantee Bill today as two major parties - Nepali Congress and CPN Maoist Centre - said they would vote against the bills.
Taking part in the discussion on the Finance Bill, NC lawmaker Prakash Sharan Mahat said his party would vote against the bills.
Likewise, Krishna Bahadur Mahara of the CPN Maoist Centre said his party would also vote against the bills as it had already withdrawn the support extended to the government and filed the no-confidence vote.
The party has already decided to vote against all three bills, he added.
Meanwhile, Finance Minister Bishnu Prasad Paudel defended the bills claiming they had aimed to strengthen the national economy.
He said the government was capable enough to collect tax by implementing all the bills.
He also questioned CPN MC's claim that the bills were meaningless, reminding that the party was a part of the government which prepared the bills.
House discusses budget bills after week-long hiatus
KATHMANDU: The Parliament on Friday discussed three key bills related to the annual budget 2016/17 at the Parliament meeting.
The discussion could not have taken place for more than a week after CPN Maoist Centre and Nepali Congress had filed a no-trust motion against the government last week.
Nepal Workers and Peasants Party lawmakers Prem Suwal and Dilli Prasad Kafle tabled their amendment proposals to the Finance Bill during the meeting.
The House is yet to approve Finance Bill, Bill to Raise Domestic Debt, and Loan and Guarantee Bill, though it had already endorsed the Appropriation Bill.
Legislature-Parliament's list of agenda for today
House meet begins, to decide fate of Oli government
KATHMANDU: The Parliament meeting has finally begun after a hiatus of over a week which is expected to decide the fate of incumbent KP Sharma Oli-led government.
The meeting is scheduled to hold discussions on three pending budget bills and a no-confidence motion filed against the government.
CPN Maoist Centre and Nepali Congress had filed the no-trust motion last week.
Meanwhile, Chairman of the Public Account Committee, Janardan Sharma, tabled 18th report of the panel before the full House today.