Ruling parties from eight member probe committee, House business proceedsThe thematic discussion of on the budget commenced on Tuesday after the ruling parties agreed to form a parliamentary probe committee to investigate the budget leak as demanded the by the major opposition Nepali Congress.
The thematic discussion of on the budget commenced on Tuesday after the ruling parties agreed to form a parliamentary probe committee to investigate the budget leak as demanded the by the major opposition Nepali Congress.
The major ruling CPN-UML which was adamant in not forming the probe committee later agreed to address the demand of main opposition after the leaders from ruling parties suggested to this effect. Prime Minister KP Sharma Oli had called a meeting of the ruling parties in the morning to seek the suggestion on how to resolve the problem. In the meeting a majority of the leaders from the ruling parties had suggested Oli to clear the hurdle forming the probe committee.
An eight member committee led by Ramesh Lekhak was formed to investigate into the matter and submit the report within three and half months from the formation. The other members of the committee are yet to be announced.
A similar committee was formed in July 2011 after the budget to be presented by the then Minister for Finance Bharat Mohan Adhikari was leaked in the national newspaper before it was tabled to the Parliament. However, the suggestions of the report remained unaddressed as the leakage was repeated for second time on Saturday.
The main opposition NC on Monday had obstructed the thematic discussion demanding parliamentary investigation of the budget leak. Finance Minister Bishnu Poudel presented Rs 1,048.92 billion budget for fiscal year 2016-17 in Parliament on Saturday, but a section of media had on the same day in the morning published the information regarding the government’s financial outlay, including its size and some of its features.
The NC participated in the thematic discussion in the afternoon after the formation of the probe committee. The Parliament meeting called for 11 in the morning was postponed till 1 PM to settle the issue. Taking part in the deliberation former Finance Minister Ram Sharan Mahat said that the budget had violated the fiscal discipline arguing the government won't be able in meeting the target of internal revenue which will consequently hamper in the allocation in the development works.
Mahat also said that economic crisis may occur as the development expenditure in the budget was less than the general expenditure. "This budget is sure to increase the inflation. The government cannot limit the inflation to 6.5 percent as envisioned in the budget”. He also objected the government's decision to omit the formation of Krishna Prasad Bhattarai Mass Communication Foundation which was mentioned in the budget presented by him in the last budget.
On the other hand, former Finance Minister Bharat Mohan Adhikari said that the budget has allocated adequate funds for completing the post-quake reconstruction by five and increasing the budget in the energy sector was positive side of the budget. He added that linking road networks in each village, doubling the social security allowance and budget for local bodies were guided by the concept of ' welfare state'.