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NC files public interest motion

  • Supplementary budget row

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KATHMANDU, MAR 28 -

The main opposition Nepali Congress that is vehemently opposing the introduction of a supplementary budget registered a public interest motion before the Parliament on Sunday stressing the need for national consensus to tackle the country’s current economic crisis.

The motion registered by NC lawmaker Ram Sharan Mahat was supported by CPN-UML lawmaker Binod Chaudhary and Rastriya Janashakti Party lawmaker Prakash Chandra Lohani. The House will fix the date for the debate on the motion based on the decision of the House’s Business Advisory Committee.

“The fiscal year ends in three months. So, there is no justification for a supplementary budget,” said Mahat at the House’s Sunday session. “I have registered a motion of public interest, so that both the ruling and opposition parties can discuss the economic crisis and move forward on the basis of consensus.” The motion registered at the Parliament Secretariat stresses that the government should formulate productive economic programmes on the basis of national consensus to generate employment and income opportunities for reviving the economy.

Speaking in Sunday’s House session, lawmakers demanded that the government should bring in a new budget only after discussion by the Finance Committee of the Parliament.

NC has accused the government of trying to create “extraconstitutional powers” by making preparations for the supplementary budget secretly. “The finance minister has not responded to the rumors of the supplementary budget but the Maoist ministers are reportedly briefing their party chairman on the budget preparation,” claimed NC leader Mahat. “We should not be surprised if the government brings a budget guerilla-style.”

Finance Minister Bharat Mohan Adhikari who appeared at Sunday’s House session to respond to lawmakers concern was “silent” on the supplementary budget.

He briefed the House on the money laundering case involving Chinese national Wu Lixiang, where US $ 1 million was debited without the Nepal Rastra Bank’s nod from Standard Chartered Bank’s New York branch.

Adhikari said that the debiting of money from Nepal’s central bank account to a US bank was “unnatural” and that the government had started work for its refunding through diplomatic channels.

Posted on: 2011-03-28 09:14


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