The federal government will present the mini-budget worth Rs350 billion today.
Prime Minister (PM) Imran Khan summoned a meeting of the federal cabinet that will approve the mini-budget at noon today. The federal cabinet, with PM Khan in the chair, will give a go-ahead to the Finance (Supplementary) Bill 2021.
The Finance Amendment Bill 2021 will directly be presented in the National Assembly (NA) as part of the government’s effort to get the IMF package worth $6 billion.
Finance Minister Shaukat Tarin will introduce the bill in the house to amend certain laws relating to taxes and duties.
The Opposition has already vowed to block the passage of the bill during the NA session. The opposition has claimed that the bill will further increase inflation and add to people’s misery.