Passes FRDL (Amendment) Bill 2022
The Senate on Thursday unanimously passed National Rahmatul-Lil-Aalameen Wa Khatamun Nabbiyyin Authority Bill 2022 which was moved by Minister for Federal Education, Professional Training, National Heritage and Culture, Rana Tanveer Hussain.
According to the statement of objects and reasons of the legislation, establishing National Rahmatul-Lil-Alameen Wa Khatamun Nabbiyyin Authority was aimed at promoting research in practical and theoretical aspects of Seerat for addressing contemporary social challenges and inculcating positive changes in the Pakistani society, while, inter alia, providing illustrations about the life of the Holy Prophet Muhammad (PBUH). Meanwhile,the Senate also passed the Fiscal Responsibility and Debt Limitation (Amendment) Bill, 2022 with a majority vote. The bill was moved by Minister of State for Finance, Aisha Ghaus Pasha amid protest by the members of Pakistan
Tehreek-e-Insaf. National Assembly has already passed the bill.
The amendments would strengthen the debt office with the mandate and resources for effective planning and execution of debt management functions of the government.
According to the statement of Objects and Reasons, the bill will provide reduction in the federal fiscal deficit and ratio of public debt to gross domestic products by effective debt management.
It is pertinent to mention that the Debt Policy Coordination Office was also established under