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Punjab Assembly passes Finance Bill 2014

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Published: June 25, 2014 06:12 pm

Punjab AssemblyISLAMABAD: The provincial assembly passed the Punjab Finance Bill 2014 in the absence of opposition members during 8th sitting of its 9th session on Tuesday.

The total outlay of the budget 2014-15 was 1044.9 billion rupees which has the priority to increase growth rate from five percent to
eight percent. During the budget session, a total of 43 Demands for Grants were approved.

Six cut motions were raised by the opposition in previous sittings. The one related to Police department was rejected while three others against Demand for Grants for Health Services, Ministries for Education and Agriculture were rejected by the House in the present sitting.

However, two other cut motions were disallowed by the Speaker. In the sitting on Tuesday, the Schedule of Authorized Expenditure for the year 2014-15 and five ordinances, including Punjab Local Government (Amendment) Ordinances (VI & VII of 2014), Punjab Registration of Godowns Ordinance 2014, Punjab Strategic Coordination Ordinance 2014 and Punjab Overseas Pakistanis  Commission Ordinance 2014, were laid.

Introduced by Provincial Law Minister Rana Mashhud, the House passed two bills comprising Bab-e-Pakistan Foundation Bill 2014 and Management and Transfer of Properties by Development Authorities Bill 2014. Tabled by Provincial Law Minister, the House adopted a resolution to extend the Punjab Free and Compulsory Education Ordinance 2014 (V of 2014), promulgated on May 13 2014, for a further period of ninety days with effect from August 11, 2014.

The Chief Minister, Leader of the Opposition and lawmakers belonging to opposition parties did not attend the sitting.
The House offered fateha for the former MPA Pir Shujaat Hasnian Qureshi who passed away recently.

Posted by on June 25, 2014. Filed under Annual Budget Statement,Annual Budget Statement Punjab Assembly,News,Punjab Assembly. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry