ISLAMABAD: Opposition Leader in National Assembly Syed Khursheed Shah on Friday said the budget speech without announcement of the National Finance Commission (NFC) award was against the constitution and it usurped rights of the provinces.
Speaking in the National Assembly, he said that it was mandatory under Article 160 of the constitution to announce NFC after one year, adding that such practice to not announce the award could lead to the budget being challenge.
He said it was the National Finance Commission award under which the provinces got their share and its announcement before the budget was a must.
Federal Minister for Finance and Economic Affairs Senator Ishaq Dar on Friday presented Rs 4.394 trillion national budget, which shows a 7.3 per cent-increase from the previous year, with a growth target set at 5.7 per cent.
Thursday’s Economic Survey (2015-16) revealed the government had failed to meet major economic targets, including GDP growth state that stood at 4.71per cent against a conceived target of 5.5 per cent during the outgoing fiscal year.
