Who introduced the federal budget for the fiscal year 2020-2021 within the National Assembly on June 12, 2020?
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Answer: C. Hammad Azhar
Explanation
Hammad Azhar presented the federal budget for the fiscal year in the National Assembly. He held the critical ministerial portfolio responsible for economic affairs and revenue generation. His budget speech outlined government expenditure targets and taxation measures for the year. The federal budget is an annual financial statement detailing government revenue and planned spending. The National Assembly is the lower house of parliament where financial bills must be introduced. Hammad Azhar is a prominent political figure and minister belonging to the ruling administration.
National budgets dictate economic growth rates public sector salaries and development project funding. Parliamentary debate allows elected representatives to scrutinize proposed taxation and expenditure policies. Transparent financial planning is essential for maintaining confidence with international financial institutions. Hafeez Sheikh served as an advisor on finance during a different legislative period. Asad Qaiser served as the Speaker of the National Assembly maintaining legislative order. Asad Umar was the initial finance minister before cabinet portfolios were reshuffled.
- Subject
- Current Affairs
- Category
- Pakistan Current Affairs
- Topic
- —
- Difficulty
- medium
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