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Economics and Finance Committee presents Review Report on National Budget for the Financial Year 2020-21

Posted on :06 June 2020

The Chairperson for the Economics and Finance Committee, Member from Athang_Thedtsho constituency presented the Review Report on the National Budget for the Financial Year 2020-21  to the House today. 

 

The Committee submitted six observations and recommendations to the House. Firstly, the Committee recommended the withdrawal and surrender of Nu. 5 million appropriated to the National Assembly in the Supplementary Budget Appropriation Bill for the FY 2019-20 to the Ministry of Finance. 

 

The House deliberated and supported all the recommendations made by the Committee on the National Budget for FY 2020-21 except the recommendation pertaining to reprioritization of budget for flagship programs where the Committee felt activities such as  waste and stray dog management were felt to be unproductive. However, the House felt that this activity was still pertinent and productive since it has a huge impact on the health and environment wellbeing of the country. The House also directed the Committee to revisit the name of the Gewog in Zhemgang Dzongkhag that was allocated the CMI budget and report back to House on 8th June 2020 before the adoption of the Budget. 

 

The House endorsed  the Budget 2020-21, with the Budget Appropriation Bill (2020-21) amounting to Nu. 73,989.88 million with the current budget of Nu. 32,900 million and capital budget of Nu. 41,089.881 million and the Supplementary Budget Appropriation Bill 2019-20 amounting to the Nu. 1,031.062 million submitted in this sitting and Nu. 898.277 million tabled as  Supplementary Appropriation Bill for the FY 2019-20 in the earlier sitting. The House will vote on the Bills on 8th June 2020. 

 

 

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