Tuesday May 24, 2022
Tuesday May 24, 2022

Province 1 presents principles and priorities of the Appropriation bill


Nepalnews
2021 Jun 08, 19:11, Biratnagar
This undated image shows Province 1 Provincial Assembly building in Biratnagar, Morang district. Photo: RSS

The Province-1 Government is making preparations for introducing the budget for the fiscal year 2021/22, with a focus to prevent the coronavirus pandemic and mitigate subsequent loss.

Making public the principles, objectives and priorities of the Appropriation Bill 2021/22 at today’s meeting of the Province Assembly, Minister for Economic Affairs and Planning Tanka Angbuhang (Limbu) said the budget has laid emphasis on the coronavirus control, treatment, relief, unemployment reduction, good governance and prosperity-oriented programme.

He further stressed that the budget would come up with policy measures to effectively implement fiscal federalism, maintain fiscal discipline and propel sustainable development. “In addition, the budget would incentivize private sector as an important pillar of the economy”.

The upcoming budget would consolidate the Inland Revenue of the province, adopt the policy of the Revenue Advisory Committee and focus on attaining health and education sector development targets, he informed.

Taking part in the special time of today’s meeting, CPN (Maoist Centre) parliamentary party leader Indra Bahadur Angbo said there should be no intervention in the naming of the process.

Province assembly member Bal Bahadur Masunghang expressed concern over the naming of Taplejung’s Suketar airport after late Tourism Minister Rabindra Adhikari. Locals have expressed ire for changing the name of the airport with a history of 47 years, he added.

The next meeting of the Province Assembly is to take place at 11.30 am tomorrow. 

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Principles and priorities appropriation bill Province 1 Government coronavirus pandemic Province Assembly federalism sustainable development private sector economy
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