National Assembly passes Rs8.487 trillion federal budget

Islamabad: After over a two-week long debate, the National Assembly on Tuesday passed the federal budget with a total outlay of Rs 8.487 trillion, with around 19 percent additional allocations as compared to last year’s Rs 7.137 trillion.

The Finance Bill 2021-22 was moved before the parliament by Finance Minister, Shaukat Tarin, which was passed with majority vote.

Some amendments in the bill proposed by the Members of National Assembly were accommodated by the house, whereas some others were rejected.