Govt to unveil Federal Budget 2020-21 on June 12

Prime Minister Imran Khan has granted approval for presenting the budget for financial year 2020-21 in the National Assembly on June 12.

Ministry of Finance engaged in preparing the federal budget have been barred from leaving the federal capital to ensure the budget-related work is completed in time. They disclosed the government has decided to cut budgetary targets for the next fiscal year in view of the once-in-a-century pandemic’s adverse impact on the country’s fragile economy.

It merits mentioning that the government has decided to hold a marathon session of the National Assembly from June 5 to meet the constitutional requirement of completing a 130-day parliamentary year.

The government will present the federal budget for the financial year 2020-21 during the session. Babar Awan, Adviser to the Prime Minister on Parliamentary Affairs, said: “It will be a marathon session and perhaps the longest one in the country’s history.”

The session will begin on June 5 and continue till Aug 13, he added.

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