Kathmandu. The budget for the next financial year (2080–1981) has been approved by the President. The President’s Office issued a statement on Sunday and informed the public that all three bills related to the budget have been approved.

President Ramchandra Paudel approved the Appropriation Bill, the Economic Bill, and the National Debt Collection Bill on Sunday, Shailaja Regmi Bhattarai, Spokesperson of the President’s Office, informed.

Finance Minister Dr. Prakasharan Mahat brought the budget for the next fiscal year 2080–81 on June 15. After the Bill was discussed and passed in the House of Representatives and the National Assembly, it was sent to the President.
After the approval of the bill by the President, the way is now open for the implementation of the budget. The budget for the next financial year will be implemented on July 1, i.e., Monday.