President Ram Baran Yadav met economists at Shital Niwas on Friday and sought advice over the nature of the new budget. A partial budget was passed in July and expires in mid-November.
Chiranjibi Nepal, one of the invitees, told reporters afterwards that the experts advised the President to pass a full budget to provide impetus to the economy. According to the constitution, a partial budget cannot be passed time and again.
The President is keen to see consensus over the budget before passing it and has since long been urging the parties to come to agreement. His economic advisor Bidyadhar Mallik revealed that the government had yet to consult with the President about a new budget.
