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Thu, November 14, 2024

HoR members suggest clarifying priority sectors in next budget 

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KATHMANDU: Members of the House of Representatives (HoR) have demanded that the topics of the principles and priorities of the Appropriation Bill should be clearly stated. Taking part in the deliberations on the principles and priorities of the Appropriation Bill (except tax proposal) for the Fiscal Year 2023/24 in the HoR session on Tuesday, lawmakers said the topics which have been given more priority should be clarified. [caption id="attachment_36281" align="alignnone" width="1000"] CPN (UML)'s House of Representatives member Gokarna Raj Bista speaks during deliberations on the principles and priorities of the Appropriation Bill (except tax proposal) for the Fiscal Year 2023/24, at the budget session of the Lower House of Parliament, on Tuesday, May 9, 2023. Photo: RSS[/caption] CPN (UML) lawmaker Gokarna Raj Bista said a family should be provided with health insurance coverage of at least Rs 300,000 given the expensive basic health services in the country. He said although the principles and priorities of the Appropriation Bill tried to include everything under the sun, nothing is prioritised in it. Likewise, CPN (UML)'s Mahendra Bahadur Shahi suggested the government should cut back on unnecessary expenditures and keep the backward regions in development priority for having a balanced development. MP Biraj Bhakta Shrestha stressed determining the topics of the bill so as to spur sustainable economic growth to achieve prosperity. Rajendra Prasad Lingden called for setting the principles and priorities of the Appropriation Bill in a way that activates the economy which is almost in crisis. Calling the attention of the parliament and the government over the delay in the construction of several national pride projects, he suggested taking measures in the budget to prevent corruption. Upendra Yadav suggested utilising the principles and priorities of the Appropriation Bill as an opportunity to implement fiscal federalism. He stressed the development of a socialism-oriented economy, adopting fiscal federalism in its letter and spirit for achieving economic development, reinstating the closed industries for increasing production and prioritising tourism promotion. Addressing the session of the Lower House of the Parliament, Amar Bahadur Thapa opined that contributions could be made towards resolving the economic crisis through the development and sustainable utilisation of agriculture, energy, water, land and forest resources. By RSS READ ALSO:
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October 2024

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