HoR meet endorses three bills

KATHMANDU: The meeting of House of Representatives (HoR) has passed three bills — Finance Bill 2022; Bill Designed to Recover Public Debt 2022 and Bill on Debts and Surety (25th amendment) — by a majority of votes. Earlier, Finance Minister Janardan Sharma had presented a proposal in the HoR meeting seeking consideration on the bills. Speaker Agni Prasad Sapkota has slated the date for 20 June for clause-wise discussions on the Finance Bill 2022. Likewise, responding to the lawmakers’ concerns at Thursday’s HoR meeting on Bill Designed to Recover Public Debt 2022, Finance Minister Sharma said debts will be collected only if necessary. In response to propelling capital expenditures, Minister Sharma informed the House that some laws should be amended and the Office of the Prime Minister and Council of Ministers has proceeded with this. Minister Sharma also argued that productions should be encouraged by discouraging loans. “Credit should be accepted on the basis of project. Serious discussions have been held on accepting loans only in case the projects could repay it,” he added. READ ALSO:

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