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Punjab presents budget amid opposition’s protest

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Published: June 12, 2015 07:10 pm

punjab assembly 25

ISLAMABAD: The Punjab Assembly witnessed the presentation of  Rs 1.447 trillion provincial budget for the upcoming financial year on Friday amid strong protest by the opposition parties.

The sitting started 90 minutes behind the schedule with 230 members (62% of the total membership) present at the start and 135 (36%) at the time of adjournment.

Along with the Punjab Finance Bill 2015, Finance Minister Ayesha Ghaus Pasha presented the annual budget statement for the fiscal year 2015-2016 and the supplementary budget statement for the year 2014-2015.

The minister also laid down the notifications related to the amendments in the second schedule of the Punjab Sales Tax on Services Act 2012 and the rules made under the Act.

Finance minister Ayesha took 62 minutes (78% of sitting time) to present the budget as the opposition members chanted slogans to register their protest.

Chief Minister Shahbaz Sharif attended 90% of the sitting, while the Opposition Leader was present for 80% of duration. The parliamentary leaders of PPPP and JI attended the sitting while seven minority members were present.

The Finance Minister also introduced the Punjab Infrastructure Development Cess Bill 2015. Only one point of order was raised during the sitting. The next sitting will be held on Monday.

Posted by on June 12, 2015. Filed under Annual Budget Statement Punjab Assembly,Latest Post,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