In absence of finance minister Ishaq Dar Prime minister Shahid Khaqan Abbasi is acting finance minister of Pakistan.
The federal government will be presenting budget for the fiscal year 2018-19 for approval from the National Assembly in May 2018, official notification is issued by the Finance Division on Monday said.
The Finance Division will present all budget leaflets, plans and synopses to the cabinet by April 2018 following which the finance minister will present the budget to the parliament. NA’s five-year tenure ends on May 31, 2018. It’s a crucial time for budgeting specially in absence of FM whereas his return and hold of his seat is subjected to his health.
According to the proposed timeline, the Budget Strategy Paper shall be presented to the cabinet for approval in February while the National Economic Council (NEC) meeting on the budget will be held in April.