KATHMANDU, May 8: The budget session of the federal parliament began on Friday afternoon.
Meetings of both the House of Representatives (HoR) and National Assembly (NA) started at 4 pm today at the federal parliament building, New Baneswar, after Speaker of the HoR, Agni Prasad Sapkota, and NA Chairman Ganesh Prasad Timalsina read out a letter receved from President Bidya Bhandari.
The government is making preparations to announce its annual policies and programs on May 15 and fiscal year budget on May 28.
Earlier on May 3, President Bhandari summoned the budget session of parliament in accordance with Article 93 (1) of the Constitution.
The budget session approves the government’s policies and programs and fiscal budget.
The new session of the federal parliament approves or rejects the bills tabled by the government in the last session. Also, new bills will be registered by the government at the House in the coming weeks.