Full-fledged budget not possible, says Nepal Finance Secretary

Kathmandu, July 7 (ANI): Finance Secretary of Nepal Rameshwore Khanalas said that they are unable to bring a full-fledged budget this year as the political deadlock has continued.

Normally, a budget for the new fiscal year is presented in the Parliament in the first or second week of July.

"Budget is presented after the government presents its policies and programmes. So, full-fledged budget is not possible this year because there is no head of state now," Nepalnews quoted Khanal as saying.

"We hope the deadlock will break," Khanal said, adding that introducing ordinance is also out of question since the government cannot issue ordinance when parliamentary session is on.

"At present, we cannot issue ordinance. It can be issued only when the Constituent Assembly session is off. Either the current session has to be temporarily suspended," he said. (ANI)