Connect with us

Hi, what are you looking for?

Economy

Take Parliament into confidence over mini-budget instead of the ordinance: Dr. Alvi tells Dar

ISLAMABAD: President of Pakistan Dr. Arif Alvi asked the finance minister Senator Ishaq Dar to take the mini-budget to parliament instead of seeking a Presidential Ordinance.

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.

Javed Mahmood
Written By

I am an experienced writer, analyst, and author. My exposure in English journalism spans more than 28 years. In the past, I have been working with daily The Muslim (Lahore Bureau), daily Business Recorder (Lahore/Islamabad Bureaus), Daily Times, Islamabad, daily The Nation (Lahore and Karachi). With daily The Nation, I have served as Resident Editor, Karachi. Since 2009, I have been working as a Freelance Writer/Editor for American organizations.

Latest Updates

IG Punjab police rejects reports of fight with GB force at Zaman Park LAHORE/ISLAMABAD: Inspector General of Punjab Police Dr Usman Anwar today rejected...

Politics

Islamabad police register criminal cases against PTI leaders, and activists for vandalism at judicial complex ISLAMABAD: Islamabad police registered criminal cases against PTI leaders...

National

IMF’s cat of ‘long-range missiles’ is out of bag: Dar snubs demand to end Shaheen-III missiles ISLAMABAD: Finance Minister Senator Muhammad Ishaq Dar has...

Entertainment

When fans become so obsessive that the line between the actor and the character they play becomes blurred, it can lead to fanaticism. Actor...