A session of the National Assembly is underway to vote on amendments to the Finance (Supplementary) Bill, 2021, which the opposition has called a “mini-budget”.
The opposition’s amendments to the bill were rejected. When voting took place, 150 members voted in favor of the amendment, while 168 voted against them.
The approval of the supplementary finance bill is necessary to ensure that the sixth review of Pakistan’s $6 billion Extended Funds Facility (EFE) is approved by the IMF’s executive board, which is due for a $1 billion tranche later this month. To decide the distribution. ,
On Tuesday, the lower house of parliament formally began a general debate on the “mini-budget”, with the government’s coalition partners joining the opposition in expressing concern over the potential impacts of the new taxation measures.
Prime Minister Imran Khan arrived in Parliament to attend today’s session and was “bossed” by opposition benches, and thumped loudly by Treasury benches.
More to follow.