Islamabad: The National Assembly’s Standing Committee on Finance has deferred the approval of five key government bills; insisting that a briefing by Finance Advisor Dr Abdul Hafeez Shaikh is first in order – a news source reported. The parliamentary panel has also called on State Bank of Pakistan Governor Reza Baqir to attend its next meeting for a briefing on various matters pertaining to the national economy.
Read: NA committee expresses reservations regarding new stockbrokers’ regime
According to details, the parliamentary meeting had six bills on its agenda – including laws that would help the government in meeting its FATF and IMF requirements.
Of the six bills tabled before the committee, ‘The Pakistan Coinage (Amendment) Bill, 2019’ invited a consensus of opinions recommending its non-passage – with the contention being that it stood against the basic spirit of international human rights and involved the imposition of external repercussions on exports to the European Union.
Read: NA committee calls for demolition of illegal structures on Margalla Hills
The remaining five bills were deferred until the appearance of the Finance Advisor. These include, namely, the Tax Laws (Amendment) Ordinance 2019, the SBP Banking Services Corporation (Amendment) Bill 2019, the Government Savings Bank (Amendment) Bill, 2020, the Post Office Cash Certificate (Amendment) Bill 2020, and the Post Office National Savings Certificates (Amendment) Bill 2020.