Finance Minister Miftah Ismail to present the sixth and final budget

MG News | April 27, 2018 at 05:10 PM GMT+05:00

0:00

Finance Minister Miftah Ismail to present the sixth and final budget in a while. The budget has been approved by the federal cabinet.

FM Miftah Ismail will present the budget amid extreme criticism by opposition parties, who have challenged the government’s decision to table full year budget.

The sitting party PML – N’s decision to appoint a new Finance Minister hours before the budget release has been received very harshly all political parties who have protested the move as unconstitutional and illegal.

According to a local daily, the 2018-19 budget will have a total outlay of over Rs5.5 trillion.

"Unfortunately, the government is snatching the right of the next assembly with today's budget," said the opposition leader Mr. Syed Khursheed Ahmed Shah. "My wish is that whichever party wins the elections, has the right to present the budget."

"This government has no ethical right to present the budget for the entire year."

Related News

Name	Price/Vol	%Chg/NChg
KSE100	171,073.73 239.25M	-0.08% -130.44
ALLSHR	103,120.18 648.63M	-0.20% -206.29
KSE30	52,237.50 75.59M	-0.16% -86.08
KMI30	243,705.75 64.55M	-0.42% -1027.98
KMIALLSHR	66,920.67 287.33M	-0.36% -243.91
BKTi	47,435.09 35.67M	0.57% 269.64
OGTi	33,136.01 4.63M	-0.58% -193.65

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	87,705.00	88,980.00 86,580.00	-685.00 -0.78%
BRENT CRUDE	62.55	62.57 61.72	0.48 0.77%
RICHARDS BAY COAL MONTHLY	91.00	0.00 0.00	2.40 2.71%
ROTTERDAM COAL MONTHLY	96.45	96.65 96.35	0.05 0.05%
USD RBD PALM OLEIN	1,016.00	1,016.00 1,016.00	0.00 0.00%
CRUDE OIL - WTI	58.54	58.56 57.74	0.53 0.91%
SUGAR #11 WORLD	15.17	15.24 14.96	0.18 1.20%