
Parliamentary Budget Office: draft bill rejected
The government turned down the draft bill moved by committee member Rana Iradat Sharif, deciding instead that the Ministry of Finance and the Federal Board of Revenue (FBR) will prepare a fresh draft and present it to the sub-committee.
The sub-committee, chaired by Dr Nafisa Shah, reviewed the proposal to set up a Parliamentary Budget Office.
Finance Secretary Imdadullah Bosal informed the committee the bill granted excessive powers to the proposed office. He suggested the office should have an analytical mandate for the Standing Committee, and that budget proposals be shared with the Ministry of Finance through the committee rather than directly. He also recommended that, initially, the office's scope be limited to the National Assembly.
FBR Chairman Rashid Langrial proposed that the budget office work with sectoral experts to guide parliamentarians, while officials insisted the office should not have direct authority to work with the Ministry of Finance on budget proposals. Special invitee Syed Naveed Qamar noted that many countries have similar offices to enhance parliamentary awareness.
The rejected draft proposed a 30-member budget office, including the Speaker of the National Assembly as chairperson, the Senate chairman as deputy chairperson, the chairman of the Public Accounts Committee (PAC), the finance minister, provincial assembly speakers and deputy speakers, chairpersons of the National Assembly and Senate finance committees, four senators, eight MNAs, and secretaries of both houses.
The bill suggested establishing sub-offices in provinces, Azad Jammu and Kashmir, and Gilgit-Baltistan. The proposed office would review budget analyses, government spending, and revenue estimates; brief parliamentary committees; examine legislation for fiscal impact, and review tax policies, financial estimates, and national debt sustainability.
Copyright Business Recorder, 2025
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Business Recorder
10 hours ago
- Business Recorder
NA Speaker extends olive branch as PTI stages walkout
ISLAMABAD: In a tense and tumultuous session of the National Assembly on Tuesday, Speaker Ayaz Sadiq extended an olive branch to the opposition Pakistan Tehreek-e-Insaf (PTI), urging dialogue just moments before the party staged a dramatic walkout. Presiding over the session, NA Speaker Sadiq reaffirmed his role as the custodian of the House and declared his willingness to facilitate negotiations between the government and PTI. 'Differences of opinion are the beauty of democracy,' he noted. 'But it is dialogue that ultimately serves the national interest.' Despite the appeal, PTI lawmakers stage a walkout from the House, citing ongoing grievances over what they described as infringements upon their parliamentary privileges and conviction of the party's senior leaders. The Speaker's remarks came in response to PTI leader Asad Qaiser's sharp intervention, during which he accused the government of systematically marginalising the opposition. Sadiq pushed back, asserting that 'the Constitution, law, traditions and rules apply equally to all,' and stressed the need for mutual respect and adherence to democratic norms. In a veiled reference to PTI's demands for production orders, Sadiq compared the situation with India, where opposition leader Rahul Gandhi was recently arrested without any such orders being issued. He described the National Assembly as a 'grand jirga', calling on all political actors to work constructively in support of Parliament. In one of the most startling moments of the day, Federal Minister for Law and Justice Azam Nazir Tarar revealed he had been offered Rs70 million to represent a shadowy political figure in court – a proposal he said he unequivocally rejected. The bombshell revelation came amid heated debate over judicial independence, political vendettas, and the state's aggressive pursuit of PTI leaders. The opposition PTI's Latif Khosa was especially scathing, branding the post-26th constitutional amendment period as a death knell' for both parliamentary sovereignty and judicial independence. 'The Assembly and judiciary have been buried,' he said, accusing courts of blocking access to lawyers and increasing fees to restrict justice for ordinary citizens. Tarar strongly denied any government meddling in PTI-related court cases, attributing fee hikes to Supreme Court policy. 'I was offered Rs70 million to appear against a political personality (…) I turned it down,' he stated, without naming the individual involved. As debate intensified, the chamber descended into a broader confrontation over military courts, the limits of parliamentary privilege, and the treatment of detained PTI leaders. PTI's Iqbal Afridi accused Speaker Sadiq of enabling the forceful removal of ten opposition lawmakers and issued a stark warning: 'Tomorrow, PTI's Speaker will sit here. Retribution will be harsh.' Sadiq, unshaken, responded coldly, 'This chair is temporary and it changes in the blink of an eye.' The PTI lawmakers expressed deep unrest, insisting their communities wanted peace, not renewed operations in Bajaur and other parts of Khyber Pakhtunkhwa. Minister of State for Interior Talal Chaudhry briefed the House on ongoing intelligence-based operations (IBOs) under the National Action Plan (NAP), coordinated closely with provincial authorities to combat terrorism. About the demolition of a mosque and seminary on Murree Road, Chaudhry dismissed allegations of state overreach. He stated that the relocation had been carried out after extensive dialogue with the seminary's management, not through any sudden or unilateral action. A new facility, valued at Rs140-150 million and now housing 185 students, had already been constructed. 'Mosques and seminaries are sacred to us,' he said. 'No step was taken without proper respect, dialogue and thorough documentation.' He further rejected claims of a planned overnight operation against religious seminaries in the capital as 'entirely baseless', adding that any future actions would follow legal protocols and involve consultation with religious leaders and planning authorities. A 48-hour consultation period was agreed following discussions with Jamiat Ulema-e-Islam-Fazl (JUI-F) leadership and local clerics. A final decision would be made upon the return of Interior Minister Mohsin Naqvi from abroad. In a separate intervention, Minister of State for Finance Bilal Azhar Kayani addressed longstanding concerns regarding tax exemptions in the former FATA and PATA regions. He clarified that a 10 per cent General Sales Tax (GST) had been levied only on locally produced and sold goods, while income tax exemptions remained intact. 'These regions have made tremendous sacrifices during the war on terror,' he said. 'Their preferential treatment remains a collective national responsibility.' Copyright Business Recorder, 2025


Business Recorder
10 hours ago
- Business Recorder
REMIT Programme: Commitment reaffirmed to continue collaboration
ISLAMABAD: A meeting of the Steering Committee of the Foreign, Commonwealth and Development Office (FCDO)'s Revenue Mobilisation, Investment and Trade (REMIT) Programme was convened Tuesday at the Ministry of Finance under the chairmanship of Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, said a press release issued on Tuesday. The meeting was co-chaired by Jane Marriott, the British High Commissioner to Pakistan. The session brought together senior officials from the Ministry of Finance, Federal Board of Revenue (FBR), Ministry of Commerce, officials from stakeholder ministries and departments, as well as, representatives from the British High Commission and the FCDO. During the meeting, updates were shared on various initiatives under REMIT's support in multiple areas, including technical assistance to Pakistan for the implementation of IMF commitments, progress on GST harmonization, climate and disaster budget tagging in the provinces, regulatory reforms at the provincial level, trade liberalization, industrial policy, and effective communication of economic reforms. The Finance Minister appreciated the progress made on reform initiatives across the taxation, investment, trade, and macroeconomic portfolios. He particularly commended the work on Compliance Risk Management and the steps taken to improve the taxpayers' interface with the Federal Board of Revenue (FBR), as well as, the regulatory and tariff reforms that will help drive Pakistan's economic growth. He also highlighted the importance of a coordinated short-, medium-, and long-term approach to attracting investment to Pakistan as a direct outcome of the ongoing economic reform efforts. The Finance Minister stressed the vital importance of establishing an enabling and conducive regulatory environment to instil confidence among both local and international investors seeking to invest in Pakistan. He observed that investors primarily look for reduced taxation, lower energy costs, affordable financing, and supportive regulatory frameworks. While the government is making determined efforts to address challenges related to taxation, energy, and financing, he noted that creating a facilitative and business-friendly regulatory environment is comparatively easier, as it lies within our own control and can be achieved through commitment, diligence, and sincerity of purpose. Jane Marriott reaffirmed the UK Government's commitment to supporting Pakistan in achieving its economic reform objectives, emphasizing that the REMIT Programme remains a key platform for advancing fiscal, trade, and investment reforms in close collaboration with federal and provincial stakeholders. The meeting concluded with both sides reaffirming their commitment to continued collaboration under the REMIT Programme to strengthen Pakistan's economic foundations and to accelerate reforms that will lead to sustainable economic growth. Copyright Business Recorder, 2025


Express Tribune
10 hours ago
- Express Tribune
NA passes acid, fire attack prevention bill
Listen to article The National Assembly on Tuesday passed the Acid and Fire Attack Prevention Bill 2024, prescribing the death penalty or up to seven years' imprisonment for perpetrators, and up to two years' jail or a fine for police officers found guilty of faulty investigation. The bill, moved by PPP lawmaker Mehreen Razzaq Bhutto, seeks to prevent acid and burn attacks, ensure swift justice and provide rehabilitation to victims. It mandates that relevant courts conclude all such cases within 60 days. Key provisions include free medical treatment for victims in government hospitals, the establishment of rehabilitation centres and the provision of free legal aid. An acid and burn crime monitoring board will be set up with at least 33% female representation. Moreover, the legislation requires special protection measures for victims and witnesses, and stipulates financial assistance for children and dependents of victims until they become self-reliant. Walkout over Imran's prison meetings Earlier in the day, the session, chaired by Speaker Sardar Ayaz Sadiq, was marked by an opposition walkout over the denial of meetings between the imprisoned PTI founding chairman Imran Khan and five MNAs waiting outside Adiala Jail. PTI's Asad Qaiser claimed that the move was a breach of members' privilege. The speaker urged both sides to hold talks, offering himself as a bridge between the government and opposition. 'There is no grander jirga than the National Assembly and Senate. I am ready to play the role of a bridge,' he said. He proposed a negotiating team from the government comprising Law Minister Azam Nazeer Tarar, Talal Chaudhry and Syed Naveed Qamar, while urging the opposition to name its representatives. Tarar said the prison meeting issue was procedural but could be resolved through dialogue. PTI's Malik Amir Dogar agreed to consult his party before finalising names. Despite repeated requests from the speaker not to stage a walkout, opposition lawmakers left the chamber, returning shortly afterwards to declare it a symbolic protest. They then pointed out the quorum, which was found to be complete. Five bills passed, one sent back The House passed five bills: the Lawyers and Bar Councils (Amendment) Bill 2025, the National Institute of Health (Reorganisation) Amendment Bill 2025, the Acid and Fire Attack Prevention Bill 2024, the Allocation of Reserved University Seats Bill 2024 and the Zakat and Ushr (Amendment) Bill 2025. It also initially passed the Journalists' Protection (Amendment) Bill 2025, but on the intervention of Law Minister Tarar, the approval was withdrawn, and the bill was referred back to the relevant standing committee for further consideration. The session was adjourned until 11 am Wednesday.