Staff Reporter
Islamabad
President Dr Arif Alvi on Tuesday formally approved the Finance Bill 2020-21 under Article 75 of the Constitution.
Alvi gave his approval to the Finance Bill 2020-21 after it was passed by the National Assembly, a press release issued by the President House read.
A day prior, the NA had approved the federal budget for the fiscal year 2020-2021 (FY20-21) despite the Opposition’s vow to not let it sail through the House. On June 12, Industries and Production Minister Hammad Azhar had presented a Rs7.14-trillion budget.
The government benches were successful in getting the Finance Bill 2020 approved to give effect to the financial proposals. The House, however, rejected the amendments proposed by the Opposition in the bill.
Prime Minister Imran Khan had also attended the session.
