National Assembly approves Federal Budget 2020-21

The National Assembly (NA) on Monday, approved the federal budget for the fiscal year 2020-21.

Minister for Industries and Production Hammad Azhar who had earlier presented the bill on June 12, moved the bill for the approval stating that the provisions of federal budget have been designed to provide relief to the masses who have been facing grim economic circumstances of COVID-19 pandemic.

The federal minister further highlighted the fact that sales tax on petroleum products has not been increased to provide further economic cushion to the public.

Responding to Pakistan Peoples Party (PPP) chairman Bilawal Bhutto’s  speech demanding Prime Minister’s resignation, Foreign Minister Shah Mahmood Qureshi said that PM Imran Khan has utmost confidence of the house and that neither him, their party or their allies will compromise on Imran Khan’s ideology.

Read More: Opposition parties reject budget 2020-21

Earlier, PPP chairman Bilawal Bhutto had criticized Imran Khan and his government  for their failure to contain COVID-19 spread and further dropping a ‘petrol bomb’ on public by increasing petroleum prices a few days back.

Furthermore, during the assembly session, the opposition extensively voiced their protests over the rejection of their proposed amendments for the federal budget 2020-21.

However, despite oppositions intense opposition, the house approved the Rs Rs7.14 trillion  federal budget 2020-21.