Parliament passed budget for Fiscal Year 2014/15

A meeting of the Legislature-Parliament held on Sunday, October 19, 2014, has endorsed the budget for Fiscal Year 2014/15.

Passing the financial bill, the bill on national debt recovery and the bill on Credit and Collateral (20th amendment), the Parliament endorsed the budget on Sunday.

Finance Minister Dr Ram Sharan Mahat had tabled the bills for the Parliament to approve.

The Parliament passed both the bills with majority.

On Tuesday, the Parliament had endorsed the Appropriation Bill, which allocates the fiscal budget to government ministries and their subordinate bodies.

The Legislature-Parliament will meet next at 1:00 pm on Monday, October 20, 2014.

Source: Nepalnews