Kathmandu
Friday, June 19, 2026

HoR passes proposal seeking consideration on National Debt Recovery Bill, 2026

June 19, 2026
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KATHMANDU: The House of Representatives has unanimously passed the proposal presented seeking consideration on the National Debt Recovery Bill, 2026.

Today’s HoR meeting passed the bill tabled by Finance Minister Dr Swarnim Wagle. Responding to queries raised by lawmakers during the discussion on the proposal, Finance Minister Dr Wagle shared that provision has been made to take loans based on existing financial capability in the budget of coming fiscal year.

Stressing that burden of loan should be compared in the proportion to the size of the economy, he mentioned that the country outstanding loan stands at Rs 3,000 billion.

The Finance Minister opined, “The incumbent government brought the budget remaining within financial discipline and the budget is balanced. We will implement the budget raising internal revenue.”

Lawmakers—Aren Rai, Parashu Ram Tamang, Krishna Hari Budhathoki, Harka Raj Rai, Guru Prasad Baral, Paras Mani Gelal, Badan Kumar Bhandari, Dipak Kumar Sah (Sunsari), Hari Mohan Bhandari, Gyanu Poudyal, Surya Bahadur Tamang, put forth their view, taking part in the discussion on the proposal.

The HoR shall next meet at 11 am on June 25