ISLAMABAD, Feb 21 (APP):State Minister for Parliamentary Affairs Ali Muhammad Khan Thursday laid before the National Assembly the first quarterly report of the Board of Directors of the State Bank of Pakistan on the state of the economy for the year 2018-19 as required by section 9A(2) of the State Bank of Pakistan Act, 1956.During proceedings of the National Assembly, he also laid the Fiscal and Debt Policy Statements for the year 2018-19 as required by sections 6 and 7 of the Fiscal Responsibility and Debt Limitation Act, 2005.
The minister laid both the reports on behalf of the Minister for Finance, Revenue and Economic Affairs Asad Umer.
The lower house of Parliament also passed a resolution recommending the government to establish Power and Petroleum Divisions as two separate ministries. Earlier these two divisions were under the Ministry of Energy. The resolution was moved by Minister Ali Muhammad Khan.