Former Finance Ministers Suggest Government not to Introduce Full Budget

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Former Finance Ministers Suggest Government not to Introduce Full Budget

May 28: Former finance ministers have suggested the government not to introduce full budget through ordinance as there is no majority government at present.

They were of the view that a caretaker government should not announce full-fledged budget while the issue of restoration of parliament is sub judice in the Supreme Court.

They made such appeal during a meeting of the former finance ministers’ forum. The ex-ministers also discussed about the budget for the upcoming Fiscal Year (FY 2078/79) and the impact of covid-19 on the economy.

Issuing a statement after the meeting, former finance ministers Prakash Chandra Lohani, Ram Sharan Mahat, Krishna Bahadur Mahara, Surenda Paney and Barshaman Pun said, “According to the international practice, it is not appropriate to bring a full budget in such a situation. If a budget needs to be brought through ordinance in such times, it is suggested to bring a provisional budget with regular expenditure only.”

 

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