FinMin Paudel briefs President Paudel about upcoming budget

Finance Minister Bishnu Paudel briefed President Ram Chandra Paudel about the budget for the fiscal year 2025/26. 

As per the constitutional provision, the government is presenting the budget in the Federal Parliament on May 29.

Finance Minister Paudel reached Shital Niwas this morning and briefed the President about the budget for the next fiscal year,  according to the President's Personal Secretariat.

Before presenting the budget, Finance Minister Paudel will present the economic survey in Parliament today.

 

 

Economic survey to be presented in Parliament today

The economic survey is being presented at the meeting of the House of Representatives (HoR) today.

Deputy Prime Minister and Finance Minister Bishnu Prasad Paudel is scheduled to present the economic survey for the fiscal year, 2025/26 in the Parliament meeting, according to the Federal Parliament Secretariat.

The HoR is meeting at 11 am.

As per schedule, related ministers will be furnishing responses to the lawmakers' queries relating to culture, tourism and civil aviation; energy and irrigation; and forest and environment.

Minister for Women, Children and Senior Citizens Nawal Kishor Saha Sudi is tabling the bill on child rights (first amendment), 2082.

Minister for Education, Science and Technology Raghuji Panta will be tabling a proposal, seeking consideration on a bill relating to Tilganga Eye University, 2081.

General Secretary at Parliament Secretariat Padma Prasad Pandey shared this information.

Budget allocation will be based on priority of projects

Minister for Communications and Information Technology Prithvi Subba Gurung has said that this year's budget allocation will be based on the classification and priorities of projects. He mentioned that there will be no 'populist' budget. 

During an interaction to collect feedback for the progress report of Dordi Rural Municipality in Lamjung and for the annual budget and programs for the upcoming fiscal year 2025/26, Minister Gurung said that budget for projects that can only be discussed but  not be implemented will be discouraged this time.

Also the government's spokesperson, Minister Gurung also stated, "Many projects have been left unfinished due to excessive spending, and the budget will prioritise completing such neglected projects."

He said that the projects made without any 'estimate' would not be in the priority of the budget. Minister Gurung said that the government would lay emphasis on making the national pride projects successful. He said the government was focused on completing national pride projects first. 

Lauding the good practices of Dordi Rural Municipality, he suggested the local levels to focus on plans to improve the living standard of the people, bring economic prosperity and alleviate poverty while making the budget.

The federal government will implement large projects like roads and highways,” he said, “local governments should prioritise plans to eliminate poverty and create jobs.” 

He mentioned that in the era of information technology, the ministry has emphasised expanding digital access at the local level to make e-governance more effective. 

On the occasion, the municipality released a progress report highlighting achievements in agriculture, employment, health, and education.

 

Quality education attracts foreign students in Nepal: Deuba

Ruling Party Nepali Congress President Sher Bahadur Deuba has emphasised the need to make Nepal an education hub for foreign students by ensuring quality education in the country. 

During a discussion program on education policy organised by his party's Education Department today, he stated that since education is an important matter, efforts should be made to improve its quality, to keep domestic students in the country and even to attract foreign students.

Former Prime Minister Deuba expressed the view that arrangements should be made to fulfill the desire of all parents to provide good education to their children in the country. 

Department head Nain Singh Mahar stressed on the need for developing research-oriented policy in education.