Connect with us

Pakistan

Parliamentary committee be formed to discuss defence budget, Senator Rabbani suggests

The PPP leader says Pakistan must not take dictation from IMF or WB

Published

on

Parliamentary committee be formed to discuss defence budget, Senator Rabbani suggests
GNN Media: Representational Photo

Islamabad: Pakistan Peoples Party Senator Raza Rabbani Tuesday suggested the formation of a parliamentary committee to look into the defence budget, saying the budgetary allocations for the military had never been considered for a discussion in the parliament.

The Senator was speaking during the Senate session.

Realizing that he was aware of the sensitivity of the matter, Rabbani said the existing Parliamentary Committee on Defence must first see the defence expenditure that includes oil and related spending threadbare and once the committee's confidence level increases, the capital expenditure must also be looked into.

He proposed that a parliamentary committee on intelligence be formed, with the authority to look into the defence budget, saying such committees existed all over the world.

The PPP leader was also of the view that Pakistan must not take dictation from the International Monetary Fund (IMF) or the World Bank (WB).

He said there were reports that the IMF was not happy with the "relief" given by the government in the budget for the fiscal year 2022-23.

"If the IMF is adamant on its condition then we must tell it that we will only consider the budget for approval that was actually presented," Rabbani said.

The Senator recalled that the conditions agreed to with the IMF in 2018 included a hike in the prices of electricity, gas and petrol as well as privatisation of various organisations.

Seeking the disclosure of the 2018 IMF agreement before the parliament, Rabbani said the incumbent government must enter an accord with the global lending agency afresh.

On June 10, Finance Minister Miftah Ismail said the defence services were allocated Rs1,523 billion, which makes up 17.5pc of the total current expenditure and is 11.16pc higher than last year.

 

Trending