National Assembly passes Appropriation Bill

Kathmandu: The National Assembly has unanimously passed the Appropriation Bill, 2081 today. A meeting of the upper house endorsed the bill with the concerned ministers responding to the questions raised in course of deliberations on various headings of the Appropriation Bill.

The National Assembly meeting unanimously passed the bill when the Assembly Chair Narayan Prasad Dahal put the bill along with the message received from the House of Representatives to a decision.

Finance Minister Barsha Man Pun had presented a proposal in the meeting seeking the passage of the bill.

The Appropriation Bill passed by both houses of the Federal Parliament will come into effect from the first day of the new fiscal year (July 16, 2024) after the President authenticates it.

The meeting also unanimously approved the proposal presented by Finance Minister Pun seeking consideration on the Finance Bill, 2081, the Bill on Raising National Debt, 2081; and the Customs Bill, 2081.

The National Assembly will hold clause-by-clause discussions on these bills in the upcoming meetings based on the amendments (suggestions) proposed on them by the lawmakers.

The National Assembly will next meet at 11.15 am on July 7.