2022–23 Pakistan Federal Budget
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2022–23 Pakistan Federal Budget
On 10 June 2022, Finance Minister Miftah Ismail presented a federal budget of Rs 9.5 trillion for the financial year 2022–2023, which is nearly a trillion higher than the previous financial year. On 29 June 2022, the National Assembly of Pakistan The National Assembly ( ur, , translit=Aiwān-e-Zairīñ, , or ur, قومی اسمبلی, Romanization, romanized: ''Qaumi Assembly'') is the lower house, lower legislative house of the bicameralism, bicameral Parliament of Pakistan, which al ... approved the passage of the Finance Bill, 2022. In February 2023, Pakistani cabinet approves 'Finance Supplementary Bill 2023' for Mini Budget. See also * 2022 Pakistan economic crisis References 2022 government budgets Parliament of Pakistan 2022 in Pakistani politics 2023 in Pakistani politics June 2022 events in Pakistan {{Poli-stub ...
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Miftah Ismail
Miftah Ismail ( ur, مفتاح اسماعیل; born 23 July 1965) is a Pakistani political economist who served as the Federal Minister of Finance from April 2022 to September 2022. He had previously served in the same office, from April 2018 to May 2018 in Khaqan Abbasi's cabinet. Prior to that, he served as the Advisor on Finance, Revenue and Economic Affairs, chairman of the Pakistan Board of Investment and an economist with the International Monetary Fund. Early life and career He was born on 23 July 1965 in Karachi, Sindh. Ismail received his undergraduate degree in business from Duquesne University in 1985, followed by a Ph.D in public finance and political economy from the Wharton School, University of Pennsylvania in 1990. Ismail worked with the International Monetary Fund as an economist based in Washington, D.C. in the early 1990s. In 1993, he returned to Pakistan to work for his family business, Ismail Industries Limited, a confectionary and snack food manufactu ...
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National Assembly (Pakistan)
The National Assembly ( ur, , translit=Aiwān-e-Zairīñ, , or ur, قومی اسمبلی, romanized: ''Qaumi Assembly'') is the lower legislative house of the bicameral Parliament of Pakistan, which also comprises the Senate of Pakistan (upper house). The National Assembly and the Senate both convene at Parliament House in Islamabad, the capital of Pakistan. The National Assembly is a democratically elected body consisting of a total of 342 members who are referred to as Members of the National Assembly (MNAs), of which 272 are directly elected members and 70 reserved seats for women and religious minorities from all over the country. A political party or a coalition must secure 172 seats to obtain and preserve a majority. Members are elected through the first-past-the-post system under universal adult suffrage, representing electoral districts known as National Assembly constituencies. According to the constitution, the 70 seats reserved for women and religious minorities ar ...
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Parliament Of Pakistan
The Parliament of Pakistan ( ur, , , "Pakistan Advisory Council" or "Pakistan Consultative Assembly") is the federal and supreme legislative body of Pakistan. It is a bicameralism, bicameral federation, federal legislature that consists of the Senate of Pakistan, Senate as the upper house and the National Assembly of Pakistan, National Assembly as the lower house. According to the Constitution of Pakistan, the President of Pakistan is also a component of the Parliament. The National Assembly is elected for a five-year term on the basis of adult franchise and one-man one-vote. The tenure of a Member of the National Assembly is for the duration of the house, or sooner, in case the Member dies or resigns. The tenure of the National Assembly also comes to an end if dissolved on the advice of the Prime Minister or by the president in his discretion under the Constitution. The Parliament meets at the Parliament House building in Islamabad, where debating chambers for both houses a ...
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Pakistan Muslim League (N)
The Pakistan Muslim League (Nawaz) ( ur, , translit=Pākistān Muslim Līg (Nūn) PML(N) or PML-N) is a Centre-right politics, centre-right and Liberal conservatism, liberal conservative political party in Pakistan. Alongside the Pakistan Tehreek-e-Insaf (PTI) and Pakistan Peoples Party (PPP), it is one of the three major political parties of the country. The party was founded by former Prime Minister of Pakistan, Prime Minister Nawaz Sharif after the dissolution of Islami Jamhoori Ittehad, Islamic Democratic Alliance in 1993. The Party platform, party's platform is generally Conservatism in Pakistan, conservative, which involves supporting free market capitalism, free markets, deregulation, Tax cut, lower taxes and privatisation, private ownership. Although the party historically supported social conservatism, in recent years, the party’s political ideology and platform has become more Liberal conservatism, liberal on social and cultural issues. One of Muslim League schisms ...
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Ministry Of Finance (Pakistan)
The Ministry of Finance and Revenue ( ur, ) or Ministry of Finance ( ur, , ''Wazarat-e-khazana'', abbreviated as MoF) is a ministry of the Government of Pakistan tasked to ensure a strong Pakistani economy by developing policies of sound economic management and providing expert advice to the government. Minister The Minister of Finance is leading cabinet member who responsible each year for presenting the federal government's budget. It is one of the most important positions in the Cabinet. Because of the prominence and responsibility of this position, it is not uncommon for former Ministers of Finance to be appointed Prime Minister. The current Minister of Finance of Pakistan is Miftah Ismail, he was appointed to this position by the Prime minister of Pakistan on 19 April 2022. The previous Minister of Finance was Shaukat Tarin. Divisions Finance The ''Finance Division'' comes under the supervision of the Secretary of Finance. The division's bureaucracy is divided into seve ...
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2021–22 Pakistan Federal Budget
The Federal Government of Pakistan has presented the country's budget of Rs. 8400 billion in the National Assembly. This is the third budget presented by the PTI Government; it has been come in power since 2018 Pakistani general election, August 2018. The federal budget has been described by the government as a budget for economic growth. Pakistan Economic Survey 2020-21 The Pakistan Economic Survey is an annual report on the performance of the economy, focusing in particular on major macroeconomic indicators. Finance Minister Shaukat Tarin briefed on 10 June 2021, the Pakistan Economic Survey 2020-21 at a press conference in Islamabad on Thursday, revealing that the industrial and services sectors had helped the economy rebound and post GDP growth of 3.94 per cent in the first 9 months of the fiscal year (July to March), significantly higher than the target of 2.1pc. After last year’s contraction of 0.47pc, the economy witnessed a V-shaped recovery, according to the survey doc ...
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National Assembly Of Pakistan
The National Assembly ( ur, , translit=Aiwān-e-Zairīñ, , or ur, قومی اسمبلی, Romanization, romanized: ''Qaumi Assembly'') is the lower house, lower legislative house of the bicameralism, bicameral Parliament of Pakistan, which also comprises the Senate of Pakistan (upper house). The National Assembly and the Senate both convene at Parliament House in Islamabad, the capital of Pakistan. The National Assembly is a democratically elected body consisting of a total of 342 members who are referred to as Members of the National Assembly (MNAs), of which 272 are directly elected members and 70 reserved seats for women and religious minorities from all over the country. A political party or a coalition must secure 172 seats to obtain and preserve a majority. Members are elected through the first-past-the-post system under universal adult suffrage, representing electoral districts known as National Assembly constituencies. According to the Constitution of Pakistan, constit ...
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2023 In Pakistani Politics
3 (three) is a number, numeral and digit. It is the natural number following 2 and preceding 4, and is the smallest odd prime number and the only prime preceding a square number. It has religious or cultural significance in many societies. Evolution of the Arabic digit The use of three lines to denote the number 3 occurred in many writing systems, including some (like Roman and Chinese numerals) that are still in use. That was also the original representation of 3 in the Brahmic (Indian) numerical notation, its earliest forms aligned vertically. However, during the Gupta Empire the sign was modified by the addition of a curve on each line. The Nāgarī script rotated the lines clockwise, so they appeared horizontally, and ended each line with a short downward stroke on the right. In cursive script, the three strokes were eventually connected to form a glyph resembling a with an additional stroke at the bottom: ३. The Indian digits spread to the Caliphate in the 9th ...
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