In the meeting of the National Assembly’s Standing Committee on Finance, the Money Bill was rejected by consensus.The Ministry of Finance apologized for providing funds for the Punjab elections.
The Ministry of Finance apologized for providing funds for the Punjab elections, with Minister of State for Finance Aisha Ghaus saying that the country’s complete financial situation is in front of you, and we are committed to the IMF program to keep financial losses in check.
The Minister of State for Finance said that the Petroleum Subsidy Scheme existed, but there was no mechanism for its implementation. She informed the IMF that once the mechanism is prepared, it will be trusted.
Wajeeha Qamar said that it is necessary to bring the state of the treasury before the public at this time. On this occasion, Syed Hussain Tariq said that the Ministry of Finance should tell the Standing Committee whether they can provide funds.
Khalid Magsi said that due to financial difficulties, the flood-affected Balochistan and Sindh did not receive any assistance. Qaiser Ahmed Sheikh said that the country is going through the worst economic crisis in history, and if the Minister of Finance does not come, I will resign as Chairman. The heads of National Bank and Zarai Taraqiati Bank have not been appointed for the past year.
