Islamabad, February 09, 2022 (PPI-OT):70th meeting of the National Assembly Standing Committee on Finance and Revenue held today at 11:00 a.m., in Constitution Room (old Committee Room No. 5), Parliament House, Islamabad, under the chairmanship of Mr. Faiz Ullah, MNA. The Committee discussed and recommended that the Bill the Federal Government Properties Management Authority Bill, 2021 (Ordinance No. XV of 2021) may be passed by the National Assembly, with slight amendments.

The Committee discussed the Micro Finance Institutions (Amendment) Bill, 2021 moved by Ms. Sajid Begum, MNA briefed the salient futures of the Bill and informed the Committee that Small Medium Enterprises (SMEs) are suffering due to lack of facilitation to provide loans to the SME sector. She said that this Bill is basically empower the women in Pakistan in small medium industries. The Committee directed that all Banks and stakeholders may be called in its next meeting.

While considering the agenda regarding non-provision of relief to consistently drought-affected smallholder farmers of Thal area who are unable to repay their outstanding loans of Zarai Taraqiati Bank Limited (ZTBL), the Committee directed the President ZTBL to provide the comprehensive report on the measures taken by the ZTBL for facilitating the farmers in Drought Affected Areas.

While discussing the agendas regarding The State-owned Enterprises (Governance and Operations) Bill, 2021, and non-formulation of regulatory framework for cryptocurrency in the country, the Committee directed that the next meeting will be called on the above said agendas with taking all the stakeholders/experts on board in this regard.

The Committee deferred the following Bills/matters due to shortage of time till its next meeting:

i. The Modaraba Companies and Modaraba (Floatation and Control) (Amendment), Bill, 2021;

ii. The Fiscal Responsibility and Debt Limitation (Amendment) Bill, 2021;

iv. Calling Attention No. 12 regarding charging of enormous electricity bills from tube well consumers despite providing them subsidy (moved by Sardar Talib Hassan Nakai, MNA).

The meeting was attended by the hon. Members of the Committee namely Mr. Jamil Ahmed Khan, Dr. Ramesh Kumar Vankwani, Chaudhary Khalid Javed, Dr. Nafisa Shah, Mr. Sadaqat Ali Khan, on video link Mr. Amjad Ali Khan, Ms. Aisha Ghous Pasha, Mr. Ali Pervaiz, Mr. Faheem Khan MNAs, besides the senior officers from M/o Finance and Revenue, State Bank of Pakistan and M/o Law and Justice.

For more information, contact:
Secretary,
National Assembly of Pakistan
Automation Centre, National Assembly Secretariat,
Parliament House, Islamabad, Pakistan
Tel: +92-51-9221082-83
Fax: +92-51-9221106
Email: assembly@na.gov.pk
Website: www.na.gov.pk