Kathmandu, June 10
The House of Representatives on Wednesday endorsed the government’s annual budget plan for the next fiscal year 2020/21 by majority vote.
Finance Minister Yuba Raj Khatiwada had presented the plan in a joint meeting of both houses of the Federal Parliament on May 28. The National Assembly is yet to approve the budget.
When Speaker Agni Prasad Sapkota put the plan to vote during the House meeting held today, the lawmakers of the ruling Nepal Communist Party, which commands a majority in the House, supported the plan. Other lawmakers including those of the main opposition Nepali Congress and the People’s Socialist Party Nepal voted against the plan.
Before endorsing the budget, the House had rejected 26 budget reduction proposals registered by opposition lawmakers by majority vote.
The new fiscal year will begin on July 16.
