Opposition Leader Omar Ayub to Debate Finance Bill

Web DeskJune 20, 2024 02:14 PMpolitics
  • Opposition rejects proposed budgetary measures
  • Ruling party seeks support from coalition partners
  • Budget session expected to run until end of week
Opposition Leader Omar Ayub to Debate Finance BillImage Credits: Dawn
The National Assembly session resumes with Opposition leader Omar Ayub initiating the finance bill debate. The ruling party aims to secure support from coalition partners for the budget passage amidst opposition's rejection of proposed measures.

The National Assembly session is set to resume today, with Opposition leader Omar Ayub scheduled to kick off the debate on the finance bill for the fiscal year 2024-25. The federal budget was presented approximately a week ago, but due to the Eid-ul-Adha holiday, discussions on the budgetary proposals will commence today.

Following the presentation of the federal budget, the opposition has vehemently rejected the proposed budgetary measures and is gearing up to voice their dissent during the session. The budget session is expected to run until the end of the week, with the government aiming to secure its passage by the end of the month.

In light of the opposition's strong stance against the budgetary proposals, the ruling party (PML-N) is actively working to garner support from coalition partners, particularly as the PPP opted to partially boycott the crucial budget presentation session. The ruling party recognizes that without the backing of its coalition allies, passing the budget with its current numerical strength would be challenging.

Consequently, efforts are underway to appease all coalition partners and ensure the successful passage of the budget. The ruling party is aware of the importance of securing support to navigate the budget through the National Assembly.

As the National Assembly session resumes, the focus remains on the debate surrounding the finance bill for the upcoming fiscal year. The opposition's rejection of the proposed budgetary measures sets the stage for intense discussions and negotiations in the coming days. With the ruling party working to secure support from coalition partners, the outcome of the budget session will have significant implications for the country's financial landscape.

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