NA approves over Rs500bn in supplementary budget for FY25, Rs475bn for FY26

The National Assembly on Wednesday approved a supplementary budget of Rs593.64 billion for the fiscal year 2024-2025 (FY24-25) and a sum of Rs475.05bn for the outgoing fiscal year (FY25-26). Finance Minister Muhammad Aurangzeb moved a series of papers for approval during Wednesday’s session. Under the Constitution, the government must secure parliamentary approval for the federal budget before any spending. This approval allows the government to spend specified funds for different heads. Howe...

By none@none.com (Kalbe Ali)