The federal cabinet on Monday approved a summary prepared by the Ministry of Finance seeking to release funds for the Election Commission of Pakistan (ECP) to hold elections in Punjab on May 14 as ordered by the Supreme Court, which will now be forwarded to the parliament.

Finance Minister Ishaq Dar presented the bill before parliament today.

Earlier today, a meeting chaired by Prime Minister (PM) Shehbaz Sharif, decided to send the matter to the parliament, observing that the Lower House was supreme and whatever decision it would make, would be acceptable.

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On Sunday the cabinet decided to refer to parliament the issue of the release of funds to the ECP for holding elections in Punjab.

The cabinet asked Dar to prepare a summary for the guidance of the Parliament.

It is pertinent to mention here that the SC has ordered that federal government to release Rs21 billion by April 10 for holding polls in Punjab.