Leaders of ruling parties discuss contemporary issues including budget
Leaders of ruling parties held a meeting to discuss contemporary issues including the budget on Tuesday. During the meeting took place at the Prime Minister's official residence, Baluwatar, the parties agreed to meet again and exchanged views on budget and other issues. It may be noted that ruling partners CPN (Unified Socialist) and Janata Samajbadi Party have expressed their concerns over some points in the budget for the fiscal year 2023-24 and this was one of the agenda of today's meeting. The government had presented the budget on May 29. CPN (Maoist Centre) Chair and Prime Minister Pushpa Kamal Dahal and CPN (Unified Socialist) Chair and former Prime Minister Madhav Kumar Nepal were among those present in the meeting.
Newly appointed envoys present credentials to President Paudel
Newly appointed ambassadors of Pakistan and South Korea presented their credentials to President Ram Chandra Paudel on Monday. Ambassador of the Islamic Republic of Pakistan to Nepal Abrar Hussain Hashmi and Ambassador of Republic of Korea to Nepal Park Taeyoung presented their credentials to President Paudel amidst a special ceremony organized in Sheetal Niwas this afternoon, Shailaja Regmi Bhattarai, spokesperson at the President’s Office, said. Foreign Minister NP Saud among high-ranking government officials was present in the program.
Discussion on complaints against acting CJ Karki from Wednesday
Discussion on the complaints filed against acting Chief Justice Hari Krishna Karki will be held from June 14. Today's meeting of the Parliamentary Hearing Committee of the Federal Parliament decided to study the complaints from Wednesday. Twenty-nine complaints have been filed against acting CJ Karki. The complaints have been distributed to committee members in the meeting and discussion will be held on complaints from Wednesday after calling complainants. The Parliamentary Hearing Committee has made preparations to conduct the hearing next day after calling acting CJ Karki. Today's meeting passed the Committee's meeting procedure with revision.
House panel to seek response from SEBON on issuance of license for stock brokers
The Finance Committee under the House of Representatives is set to seek response from the Securities Board of Nepal (SEBON) on the process of issuing licenses for a new stock exchange and brokers. Today's meeting of the Finance Committee decided to call the SEBON for a deliberation on the issue and seek its response, said Santosh Chalise, who chairs the Committee as the senior-most member. The process of issuing a license for a new stock exchange has been halted following the government's direction. "The subcommittee under the Finance Committee has submitted a report after carrying out a study on the stock market. It has been decided to call the SEBON to discuss the matter of issuing licenses for a new stock exchange and brokers and its implementation," he said. Earlier on May 21, the Finance Committee wrote to the SEBON seeking details of the process for issuing licenses for a new stock exchange and stock brokerage firms, and the situation of the implementation of the suggestion report prepared by the Committee. Following this, the SEBON responded to the Committee on May 26. In today's meeting, lawmakers put their view of calling the SEBON for its response. Stating that the SEBON was issuing licenses for additional stock brokers although the Committee had written to it on the matter, Padam Giri demanded investigation into it. "Recommendation by the subcommittee under the Finance Committee about issuing licenses for a new stock exchange has not been heard. License for stock brokers has been issued the same day or after the Committee wrote to the SEBON. Question about transparency in the issuance of license is being raised," he said. Saying that cases relating to license for a new stock exchange and brokers have been lodged with the Finance Committee, and the matter should be investigated after forming a subcommittee, he added.