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Question no. 70662

Who will table the federal budget for the fiscal year 2021-2022 on the floor of the National Assembly?

Select your answer for: Who will table the federal budget for the fiscal year 2021-2022 on the floor of the National Assembly?
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Answer: B. Shaukat Tarin

Explanation

Shaukat Tarin tabled the federal budget for the fiscal year in the National Assembly. He brought decades of banking and financial expertise to formulate national economic policies. His budget presentation addressed post pandemic economic recovery and revenue mobilization strategies. The federal budget outlines government fiscal targets taxation frameworks and public expenditures. Shaukat Tarin is an experienced banker who served as Federal Minister for Finance. Presenting the budget in parliament is a mandatory constitutional requirement for the executive.

Financial ministers must balance fiscal deficits while funding essential public welfare programs. Economic recovery plans often require negotiations with international monetary lenders for support. Parliamentary approval ensures democratic oversight of public funds and taxation measures. Hafeez Sheikh presented budgets during earlier phases of the economic administration. Hammad Azhar presented the budget for the preceding fiscal year in parliament. Asad Umar was the initial finance minister who crafted early economic stabilization plans.

Subject
Current Affairs
Topic
—
Difficulty
medium

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