Kathmandu: Prime Minister KP Sharma Oli has argued that the budget for the upcoming fiscal year is balanced to the maximum extent possible. Responding to the queries of House of Representative (HoR) members in today’s HoR meeting, Prime Minister Oli assured to maintain balance in the budget allocation in coming days, adding that all lawmakers cannot be made content due to lack of sufficient capacity of the state.
According to National News Agency Nepal, Prime Minister Oli emphasized the need for prompt and wider development, acknowledging that the budgetary constraints mean not all lawmakers can be satisfied. He promised that attention will be paid in the future to maintain a balance between demand and supply. This was in answer to lawmakers’ questions regarding budget allocations for the Office of the President, Office of the Vice President, and Office of the Prime Minister and Council of Ministers and its line agencies.
The Prime Minister argued that Nepal needs investment from the private sector as well as foreign direct investment (FDI) to maintain a balance between demand and supply. He noted that the need, analysis, and planning for such investments would be handled by the Investment Board of Nepal.
Furthermore, Prime Minister Oli urged stakeholders not to make trivial comments in parliament that could weaken democracy and nationality. He reiterated that parliament serves as a platform to translate people’s sacrifices, struggles, and dreams into reality.
Prime Minister Oli also mentioned that the government would work towards amending the constitution to further strengthen the system. He emphasized the importance of respecting the sacrifices of martyrs and the achievements of the people, stating that any form of disrespect towards these was intolerable.