KATHMANDU, May 11: The federal parliament’s budget session begins Monday, with President Ram Chandra Paudel set to present the government’s policies and programs for the upcoming fiscal year. The address marks the formal opening of the first budget session under Prime Minister Balendra Shah’s administration.
President Paudel will deliver his speech at a joint meeting of the House of Representatives and the National Assembly at 4 PM, as mandated by Article 95 of the Constitution. According to Federal Parliament Secretariat spokesperson Eak Ram Giri, the President’s presentation will outline the government’s strategic priorities, serving as the foundation for the annual budget.
The policies and programs act as a blueprint for translating national goals—such as economic growth, poverty reduction, and infrastructure expansion—into actionable plans backed by financial allocations. As per the constitutional provision, the President must present this document ahead of every fiscal year.
Local govts intensify preparations for budget, policies and pro...
It is customary for the government to present the statement of the estimated income and expenditure (budget) for the coming FY, taking the policy and program document as the main basis.
Along with the announcement of policies and programs, the government will be carrying out the budget session in which the annual budget for FY 2026/27 will be announced.
Finance Minister Swarnim Wagle will present the annual financial plan for FY 2026/27 on May 29. The National Planning Commission has set a ceiling of Rs 1.9 trillion for the budget and the government has pledged to introduce a realistic budget rather than a populist one.
Before the President’s address, separate meetings of the House of Representatives and the National Assembly will convene at 2 p.m. The HoR agenda includes reading the President’s letter convening the session, notifying members of the Council of Ministers’ reshuffle, nominating members to chair meetings in the Speaker’s absence, and approving resolutions on obstructions under Rule 260 of the HoR Rules, 2022.
The government will also present eight ordinances, including the Public Procurement (Second Amendment) Ordinance, 2026, the Special Provisions on the Removal of Public Officials Ordinance, 2026, and the Constitutional Council (Work, Duties, Powers and Procedures) First Amendment Ordinance, 2026. These ordinances will be tabled in both houses for discussion.
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