The Unified CPN (Maoist) party has agreed to allow the parliament to function for three days to pass the budget, the party's Chairman Pushpa Kamal Dahal said on Saturday.
Last week, the Maoists had argued that their demands for 'civilian supremacy' should be met first, despite urges from the government to let the budget pass.
"As a responsible party to the country, people, security persons and other communities, we have unilaterally decided to let the parliament run for three days to pass the budget," Dahal said.
The Maoists also announced plans to launch a new round of protests beginning Sunday. The month-long protest includes plans to boycott government functions and a general strike from 20-22 December. They also threatened to strike indefinitely if their demands are not met by 22 December.