KATHMANDU, May 10: The budget session of the House of Representatives and National Assembly is underway under the federal parliament at New-Baneswor based International Conference Centre.
The budget session is commencing today after President Ram Chandra 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.
Live: Budget session of Federal Parliament begins
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 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 top leaders of major political parties represented in the parliament.