Budget Procedure

1.     The Minister of Finance shall present to Parliament the Government’s Budget Appropriation Bill no later than 5 days preceding the budget year. 

2.     Budget Bills shall be passed in the same session of Parliament.

3.     The Government’s Budget Appropriation Bill shall be presented to the National Council by the Finance Minister for discussion after being passed by the National Assembly.

4.     Where the National Council passes the Budget Appropriation Bill it shall return the Bill to the National Assembly within five days of its presentation. The National Assembly shall submit the Bill to the Druk Gyalpo for Assent within fifteen days from the date of receipt of such Bill.

5.     Where the National Council passes the Budget Appropriation Bill with recommendations, it shall return the bill to the National Assembly for re-deliberation within five days from the date of presentation. 

6.     The National Assembly may thereupon either accept or reject all or any of the recommendations of the National Council and present the Budget Appropriation Bill to the Druk Gyalpo for Assent within fifteen days from the date of passing of such Bill. 

7.     Where the National Council neither passes nor returns the Budget Appropriation Bill within five days of its presentation, the Bill shall be deemed to have been passed and the National Assembly shall submit the Bill to the Druk Gyalpo for Assent within fifteen days from the date of its presentation to the National Council. 

8.     The Ministry of Finance shall publish the Budget Appropriation Act passed by Parliament.