Government to Reveal 2081-82 Fiscal Year Budget in Federal Parliament at 1 PM Tuesday

The anticipation mounts as the Nepalese government gears up to unveil the budget for the upcoming fiscal year 2081-82 (2024/025) in the Federal Parliament on Tuesday, May 28. Speaker Devraj Ghimire has summoned a joint meeting of the Federal Parliament at 1 pm for the momentous occasion.

With the fiscal blueprint poised to be revealed, all eyes are on the projected total, which is speculated to hover around Rs. 2 trillion. This budget announcement carries significant weight as it sets the financial trajectory for the nation in the forthcoming year.

However, the political atmosphere remains charged as the main opposition, Nepali Congress (NC), continues to disrupt parliamentary proceedings. Their demand for the formation of a parliamentary investigation committee to scrutinize Home Minister Rabi Lamichhane’s alleged involvement in cooperatives fraud has led to a standoff.

In the midst of these political tensions, Sunday witnessed a significant development as the House of Representatives ratified the government’s policies and programs. This approval marks a crucial step forward in the legislative process, setting the stage for the budget unveiling.