ISLAMABAD: Ishaq Dar, the federal minister of finance and revenue, introduced a bill on Monday that deals with funding for the general elections in Punjab and Khyber Pakhtunkhwa just hours before the Supreme Court-imposed deadline for transferring Rs21 billion to the Election Commission of Pakistan (ECP) expires.
Minutes after the federal cabinet approved a summary prepared by the Ministry of Finance regarding the cost of elections, a bill titled “Charged Sums for General Elections of Provincial Assemblies of Punjab and Khyber Pakhtunkhwa Bill 2023″ was introduced in both the National Assembly and Senate of parliament. The federal government was required by the Supreme Court’s April 4 decision to release and provide ECP with funds totaling Rs21 billion by April 10 in any case.
While presenting the bill in the National Assembly, the finance minister said that it is now the responsibility of the parliament to decide whether funds to ECP should be released or not.
Expressing his views in the lower house, Dar said snap polls ordered by the apex court were not in the national interest due to security, and economic situation.
“Elections in all assemblies should be held on the same date,” the finance minister said, adding that the government laid this bill before the parliament in light of the Supreme Court’s orders to release Rs21 billion to the ECP.
The finance czar recalled that the lower house had also passed a resolution that the apex court’s order into the suo motu notice regarding holding elections in Punjab is a decision of 4-3 and the judgment of 3-0 is a minority verdict and that “should not be implemented”.
He further added that the federal cabinet, in its recent meeting, pondered over the apex court’s orders and in view of this NA’s resolution, has sought the will of the parliament to take a final decision regarding the allocation of funds for general elections for the provincial assemblies of Punjab and KP.
The finance minister said the coalition government fully believes in the supremacy of the parliament and rule of law and the Constitution.
Dar maintained that conducting elections is a constitutional responsibility, but it requires that polling for national and all the provincial assemblies is held simultaneously under caretaker setups.
He said this will not only reduce expenditures but also ensure free, fair, and transparent elections.
The finance czar recalled that the PTI regime had brought the country to the verge of default by violating the sovereign commitments made with the International Monetary Fund (IMF), adding that this also harmed the credibility of Pakistan.
Pakistan is in danger of defaulting on its debt, with an IMF bailout programme stalled since November, while a bruising political battle is raging between the government and former prime minister Imran Khan.
The cash-strapped nation is in dire need of funds with its foreign exchange reserves hovering around $4.2 billion which provides barely one month of import cover.
NA Speaker Raja Pervez Ashraf referred the bill to the NA standing committee concerned while adjourning the session till Thursday (April 13) 2pm.
