NA approves federal budget, passes Finance Bill 2020

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The National Assembly on Monday passed the Finance Bill 2020 to approve the budgetary proposals for the next fiscal year.

Minister for Industries and Production Hammad Azhar had presented the Rs7.14 trillion budget for fiscal 2020-21 on June 12. The Lower House deliberated on the bill before it was put to vote and ultimately passed.

Prime Minister Imran Khan arrived at the session where the clause-wise amendments to the Finance Bill began in order to sail it through the House. As the process began, the NA speaker Asad Qaiser said that any amendment to remove an entire clause will not be acceptable.

Asad Umar, taking to Twitter after the passing of the bill, said: “Tall claims made by the opposition and some sensationalist analysis by the media over the last few days and the result is that the 29-vote majority — through which last year’s budget was passed — has increased to 41 votes.”

He also congratulated all colleagues and workers of the PTI.

Earlier on Sunday, all the major opposition parties unanimously rejected Budget 2020. According to the opposition, the budget has failed to address economic challenges and Prime Minister Imran Khan’s government has been unable to provide relief to the general public.

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