Karachi (HRNW) Federal Minister of Information and Broadcasting Fawad Chaudhry has said that the Finance Supplementary Bill 2021, generally known as the mini-budget, will be passed by the Parliament between January 15 and January 20.
He was addressing the media in Karachi after expressing condolences to Pakistan Tehreek-e-Insaf’s (PTI) MNA Alamgir Khan over the demise of his father in Shershah gas explosion.
The PTI government tabled the mini-budget and the State Bank of Pakistan (Amendment) Bill 2021 in the National Assembly Thursday.
Chaudhry said that with the passage of these bills, the International Monetary Fund (IMF) ’s $6billion loan programme would resume.
“We will get $1b from the IMF. It also opens other [revenue] stream for the country, and the rupee will stabilize further.”
When asked about the concerns reportedly put forth by the government’s allies on these bills, he said that no one raised any objection and that all the parties supported the bills.
“These bills contain nothing that should be opposed. We want independent institutions and SBP’s autonomy is in the nation’s interest.”
He blamed past governments for compromising on the autonomy of the SBP.
“When Ishaq Dar was Pakistan’s finance minister, the deputy governor of SBP was [facilitating] money laundering for him.”
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