Cabinet Approves FY 2026/27 Policy Ahead of President’s 4 pm Address

*TL;DR The cabinet has endorsed Nepal’s fiscal year 2026/27 policy, clearing the way for President Ram Chandra Poudel to present it to Parliament at 4 pm today.

Context Prime Minister Balen Shah summoned a cabinet meeting at the Office of the Prime Minister and Council of Ministers in Singha Durbar. The session’s purpose was to secure cabinet approval for the government’s upcoming fiscal policy before it reaches the legislature.

Key Facts - The cabinet convened specifically to endorse the policy and programme for FY 2026/27, a prerequisite for parliamentary debate. - Government spokesperson Sasmit Pokharel confirmed the meeting’s agenda centered on this endorsement. - The policy and programme will be formally unveiled on Monday, giving lawmakers a week to review the details. - President Ram Chandra Poudel is scheduled to deliver the policy in a joint session of Nepal’s two parliamentary houses at 4 pm today.

What It Means Cabinet approval signals internal consensus on budget priorities, tax measures, and development projects slated for the next fiscal year. By securing endorsement before the parliamentary session, the government reduces the risk of procedural delays that could stall budget adoption. The president’s 4 pm address will be the first public presentation of the plan, offering legislators and the public a snapshot of spending targets and revenue forecasts. Analysts will watch the speech for clues on infrastructure spending, social welfare allocations, and any shifts in fiscal discipline. The timing—approval this morning, presentation this afternoon—suggests a coordinated push to keep the budget timeline on track.

Stakeholders should monitor the parliamentary debate that follows the president’s address. Amendments or opposition challenges could reshape the final budget, affecting sectors from education to energy. The next critical step will be the parliamentary vote, expected within the coming weeks, which will determine whether the FY 2026/27 policy moves from proposal to law.

*Watch for the parliamentary vote outcome and any revisions that emerge during the debate.*