The federal authorities will unveil the price range for the subsequent monetary 12 months 2020-21 on June 12.
Prime Minister Imran Khan has granted approval for presenting the price range within the Nationwide Meeting on June 12.
The sources mentioned officers of the Ministry of Finance engaged in making ready the federal price range have been barred from leaving the federal capital to make sure the budget-related work is accomplished in time.
They disclosed the federal government has determined to chop budgetary targets for the subsequent fiscal 12 months in view of the once-in-a-century pandemic’s hostile affect on the nation’s fragile financial system.
It deserves mentioning that the federal government has determined to carry a marathon session of the Nationwide Meeting from June 5 to fulfill the constitutional requirement of finishing a 130-day parliamentary 12 months.
The federal government will current the federal price range for the monetary 12 months 2020-21 through the session.
Babar Awan, Adviser to the Prime Minister on Parliamentary Affairs, mentioned: “It will be a marathon session and perhaps the longest one in the country’s history.” The session will start on June 5 and proceed until Aug 13, he added.