The budget session of the House of Representatives and National Assembly under the federal parliament is taking place from today onward.
The budget session is commencing today after President Ramchandra Paudel, in accordance with the Article 93 (1) of the Nepal Constitution, summoned the joint session of the federal parliament on May 2 on the recommendation of the Council of Ministers. It may be noted that the federal parliamentary secretariat had already issued a notice requesting all members of the parliament for their presence in the session called for 2.00 pm today at New-Baneswor based International Conference Centre.
According to the constitutional provision, an estimated details of income and expenditure (budget) for the upcoming year has to be presented in the parliament on coming May 28 (Jestha 15).
Earlier to this, the President will read out the government’s annual policy and programme in the joint sitting of both the Houses. In order to run the session effectively, Speaker Devraj Ghimire had already held discussions with op leaders of major political parties represented in the parliament.
