KATHMANDU: In a House of Representatives meeting on Sunday, Speaker Devraj Ghimire announced that the budget for the fiscal year 2024/25 will be presented on Tuesday, May 28 at 1 PM. He stated that a joint meeting of the Federal Parliament will convene at 1 PM on Tuesday specifically for the purpose of submitting the government's annual estimate of revenue and expenditure for the upcoming fiscal year.
Speaker Ghimire urged all members of the House of Representatives to be present in Parliament before 12:45 PM on Tuesday. According to Article 119 of the Constitution, it is mandated that the budget be presented at a joint meeting of the Federal Parliament on May 28. Finance Minister Barshaman Pun is slated to present the budget for the next fiscal year during this session.
Traditionally, the budget presentation in parliament has taken place in the afternoon hours. However, this year, there is a departure from the norm as parliament will convene earlier than usual for the budget presentation.
