Categories: Latest News

NA passes the budget for the new fiscal year

The National Assembly (NA) on Tuesday passed the budget for the new fiscal year with a majority of the votes.

Minister for Finance Shaukat Fayaz Ahmed Tarin moved the Finance Bill, 2021 in the House following which the opposition lawmakers debated it.

The Opposition did not challenge the voice vote since they did not have the required numbers.

The Finance Bill 2021-22 was discussed clause by clause in the House.

As many as 240 lawmakers participated in a debate on the federal budget which continued for around 10 days.

The amendments proposed by treasury members were accepted, while, those proposed by the Opposition members were rejected.

 

A voice vote was conducted by the NA Speaker and the budget was passed After the clause by clause reading was completed.

172 votes were cast in favour of the Finance Bill while 138 votes were against it.

According to the news source, the total strength of the Opposition members in NA is 163 members. 25 opposition members were not present in the NA today,12 were from Pakistan Muslim League-Nawaz (PML-N) and13 from other opposition parties.

 

 

Saman Siddiqui

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