Rabbani Calls President’s Notification of Economic Reforms Packages (ERP) ‘Illegal’
According to the Supreme Court ‘s decision, an ordinance can not be passed in this manner. The Economic Advisory Council has no standing in the eyes of the law, and therefore these ordinances are illegal, he argued. Rabbani demanded that the matter be referred to the House.
PPP Senator, Sherry Rehman, similarly accused the federal government of “imposing” the ordinance on the parliament.
Jamaat-e-Islami (JI) Senator, Sirajul Haq, questioned the intentions behind the controversial amnesty scheme, saying, “The government has brought the money into white. “The scheme is effective for the purpose of providing relief to the corrupt.”
Sessions concluded that the matter under discussion reflects a sad state of affairs. “It shows that the government did not want the schemes debated in parliament,” he added.
The opposition later walked out in protest after recording its objections.
Finance Minister, Rana Afzal, disagreed with Rabbani and the opposition’s evaluation, claiming that “no laws were violated in the promulgation of the ordinances.”
The Minister also clarified that the cabinet was consulted on the subject. “It is incorrect to think that the cabinet was approved was not taken. The cabinet was approved through circulation, “he said.
President Mamnoon Hussain on Sunday notified four orders for implementation the ERP, which is anticipated as “one-time” amnesty scheme to whiten undeclared assets at home and abroad, reduction in income tax rates and issuance of dollar-denominated bonds and problems of cash transactions in non-filer accounts.
Voluntary Declaration of Domestic Assets Ordinance 2018, Foreign Assets (Declaration and Repatriation) Ordinance 2018, Income Tax (Amendment) Ordinance 2018, and Economic Reforms (amendment) Ordinance 2018 were the ordinances that were notified for implementation.