ISLAMABAD: Endoring the advice of the President of Pakistan Dr. Arif Alvi, the coalition government decided to present the ‘mini-budget’ in the parliament for approval.
On Tuesday, Finance Minister Ishaq Dar met President Alvi and informed him about the IMF programme and mini-budget through the Presidential Ordinance.
President Alvi, however, asked Dar to take the mini-budget to the Parliament.
Now after the approval of both houses _ the National Assembly and Senate, the bill would be sent to the president for ratification.
Earlier, according to the President of Pakistan’s Twitter account, Dr. Alvi suggested this when finance minister Ishaq Dar met him on Tuesday evening to discuss the imposition of a mini-budget through the Presidential Ordinance.
President Alvi said that Pakistan would support the implementation of the commitments made with the IMF.
He, however, asked Dar to take the mini-budget matter to the National Assembly saying that Parliament should be taken into confidence on this very important issue.
Finance Minister Ishaq Dar met Dr. Alvi at the Presidency and informed him about the government’s strategy to enforce the mini-budget through an ordinance.
After the objection of the President, a team of government is considering a strategy regarding the implementation of the mini-budget.
The government is again expected to approach the President of Pakistan after approval of the mini-budget from the cabinet.
The economic team of the government has informed the IMF during virtual discussions that the federal cabinet will approve the mini-budget on Tuesday.
In This Article:Finance Minister Ishaq Dar, IMF, Mini-Budget, President Of Pakistan