Insiders state that the PPP will support the budget despite expressing reservations about it.
As previously stated, the party leaders had not yet decided whether to support or oppose the federal budget that the administration will be announcing today.
Leading figures have reportedly reached a resolution over the dispute between two parties that are allies.
In order to have the budget approved, the People’s Party will give the PML-N its whole support. Sources stated that the PPP would back the budget’s adoption “in spite of protests and speeches in committee.”
The administration promised the PPP that some of its recommendations would be included in the budget, according to sources. Voting supporting the PML-N budget is a quid pro quo commitment made by the PPP leadership.
For assistance in passing the budget, the PML-N had asked the PPP.
The PPP has not yet decided whether to accept or oppose the budget, according to PPP leader Nayya Bukhari.
The forthcoming yearly budget for 2024–25 and the state of the nation’s economy as a whole were the topics of Prime Minister Shehbaz Sharif and President Asif Ali Zardari’s Tuesday meeting.
The meeting was also attended by Professor Ahsan Iqbal, the Federal Minister for Planning and Special Initiatives, a press statement from the President’s House stated.
The protection of low-income and middle-class interests in the annual budget is a priority, as highlighted by President Zardari. Along with pledging his support for fiscal benchmarks to be met, he also gave the prime minister assurances on national development.
The next budget’s proposed development projects were also discussed by President Zardari and Prime Minister Shehbaz. He told the president about his recent five-day travel to China, the prime minister said.
On June 12th, or today, the federal government will unveil its budget for the fiscal year 2024–25.
