KATHMANDU, May 18: The meeting of the House of Representatives (HoR) today has begun deliberating on principles and priorities of the Appropriation Bill (except tax) for the fiscal year 2022-23.
Finance Minister Janardan Sharma on Tuesday appraised the lower house of the priorities and principles of the Appropriation Bill for the upcoming fiscal year. The National Assembly is scheduled to discuss the issues in its meeting on Thursday.
HoR starts pre-budget discussions
Taking part in today's deliberations, CPN-UML lawmaker Yogesh Kumar Bhattarai said the principles and priorities of the Bill lacked a base for advancing towards the path of socialism and neglected the aspects of strengthening public health and education.
He sought the government's attention towards an increment of capital expenditure by minimizing a trade deficit. He argued that the government must work towards preventing a possible economic crisis in the country.
Bhattarai also said that the Bill failed to take any measures to reduce the consumption of petroleum products and promote the use of alternative energy. “Non-economic activities have increased, posing an additional challenge to the national economy,” he said.
