WEDNESDAY MAY 25: Budget likely on June 3

ISLAMABAD: The Budget 2011-12 is likely to be presented in the National Assembly on June 3, 2011, it is learnt. According to National Assembly Secretariat, the Budget Session is likely to be held on June 3, 2011. Sources said that Minister for Finance Dr Abdul Hafeez Sheikh would present the Budget 2011-12 on the first day of the sitting of the Lower House of the Parliament.
They said that the National Assembly is likely to pass the Budget on June 24, 2011. The budget session would continue for more than 22 days. At the end of the session, sources said, two bills and audit reports of Auditor General of Pakistan are likely to be presented in the House. Sources said that Senate session is likely to be held on June 1, 2011.
The Budget would also be presented in the Senate on June 3 and the same day discussion would be held. Earlier, the Senate had been discussing the budget for presenting its recommendations within seven days to the Lower House of the Parliament. Now, after the passage of 18th Constitutional Amendment, the Senate would present its recommendations within 14 days to the National Assembly.