House endorses pending budget bills after 4 months

KATHMANDU: The Parliament on Friday endorsed three vital budget bills for the current fiscal year 2016/17, four months after the government presented the annual budget announcement.

The bills were stuck halfway owing to the change in government leadership in early August.

The House meeting endorsed  the Finance Bill, the Bill to Raise Domestic Debt and the Loan and Guarantee Bill, with majority votes today.

With the endorsements today, the annual budget announcement presented by the erstwhile KP Sharma Oli-led government on May 28 have been fully approved from the House.

Deputy Prime Minister and Minister for Finance Krishna Bahadur Mahara had tabled the bills for discussion and endorsement at the House meeting on Thursday.

The Parliament had also suspended six provisions of the Parliamentary Regulations to endorse the bills.

The House had required the suspension of rules as the bills were already rejected by the same session of House earlier.

The Parliament on July 22 had rejected the bills, with majority votes, as the Nepali Congress and the CPN Maoist Centre had voted against the vital bills.

The parties had voted against the bills as the then CPN-UML-led government had been thrown into the minority, though the Appropriation Bill was already passed by the House before the CPN MC had withdrawn support extended to the government led by UML Chairman Oli.

But, the Cabinet meeting held yesterday had decided to table the pending budget bills for approval at the House.

Meanwhile, the Parliament meeting has been adjourned till coming Sunday.