The interim parliament/legislature on Thursday evening passed the annual budget for the fiscal year 2007/08 by majority vote.

The budget unveiled on July 12 was put to vote after series of debate and Q&A sessions in the parliament.

CPN-M legislators boycotted the voting, saying formulation of the budget failed to meet people's aspirations and that it was brought against the eighty-party agreement. While, Nepal Workers and Peasants Party voted against the budget.

CPN-M legislators had walked out from parliament after Speaker Subas Nemwang announced a voice vote on the budget.

Maoist chief whip Dina Nath Sharma said that the budget did not come according to the spirit of Janandolan-2 and that there were no programmes for radical land reform and debt relief for small farmers.

However, major parties of the ruling coalition government – the Nepali Congress and the CPN (UML) had issued a whip to the legislators to support and vote for the budget.