Last updated on March 8th, 2019 at 12:08 pm
The government has approved the budget for the current fiscal year by the National Assembly when all the amendments of the opposition have been rejected.
In the meeting held today, headed by Speaker of the National Assembly Asad Qaiser, in which Federal Minister Asad Umar presented the second-party budget for the current financial year. During the approval of the mini-budget, the opposition started shouting and dispersed agenda.
Despite the massive opposition from the opposition parties, the Finance Bill was approved in the National Assembly by 2019, when all opposition budget suggestions were rejected.
While presenting the finance bill for approval, Finance Minister Asad Umar said that the opposition has taken major issues, Shahbaz Sharif wants all stakeholders to cooperate. We welcome his offer, the problems faced by the economy, They should work together to cope with them. The country’s leadership has created a fixed economy.
Asad Omar said that political point scoring is high in opposition speeches, no proposal is kept in front of us, what has happened to the economy in the past 10 years, the politicians criticizing the economy Take a look at their period.
The Finance Minister said that Shahbaz Sharif is also concerned about the inflation, Shahbaz Sharif dropped the economy deeply. I want to tell them that the new government is taking loans to pay old loans. When the PMLN Government started the loan was $61 billion, but when it ended, the debt volume got up to $95 billion.
While addressing the criticism of the PPP, the Finance Minister said that today Bilawal Bhutto Zardari has done perfection by talking care about inflation, wish he could have think about inflation in his government. The rate was 10% when the PTI government got the lowest increase in inflation.
It is clear that the government presented the third budget of the financial year and second budget for the National Assembly on January 23. The immediate ending of warehousing tax on banking transactions for fillers the reduction in marriage halls tax was mentioned in that budget.
After the approval of the National Assembly, the mini-budget will be presented in the Senate, the approval will be given to the President after approval from the House.