Nepal govt to unveil new fiscal policy

yadavnepalKATHMANDU: The government is all set to unveil its policy and programme for the fiscal year 2015/16 at the meeting of the Legislature-Parliament on July 8.

President Ram Baran Yadav will present the policy and programme of the government before the Legislature-Parliament at 3 pm on Wednesday. The letter to this effect from the President’s Office was read by Spekaer Subas Nembang in the parliament on Saturday.

To clear the legal hurdles for the presentation, the Parliament on Saturday suspended a few provisions of Operation Regulations on Legislature Parliament. Rule 89 (4) was suspended to decrease the time for pre-budget discussion. – From

The rule makes mandatory to hold pre budget discussion for 15 days. The programme and policy will guide the upcoming fiscal budget.

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