Federal Law Minister Azam Nazir Tarar has said the ongoing National Assembly will complete its terms.

In an exclusive conversation with 24NewsHD TV channel, he said the coalition government will present the next budget.

“In today's negotiations, the big ice has melted, and the distances are so long that they are not settled in hours,”  

“We will present the budget this year and the assembly’s constitutional term is till August 12”

After the third round of poll parleys between the ruling Pakistan Democratic Movement (PDM) and the opposition Pakitan Tehreek-e-Insaf, Finance Minister Ishaq Dar told the media that the two sides are optimistic about the progress on dialogue.

“We raised our constitutional concerns at the separate elections,” he said, adding that the two sides reached a consensus on the point of holding election simultaneously. However, he added they are yet to develop a consensus on the election date.

Former finance minister Shah Mehmood said the party will tell the Supreme Court about the outcome. “The PTI will inform the Supreme Court about the outcome,” he said, stressing that the consensus on the points of election date and dissolution of assemblies could not be reached.

The government and the opposition started dialogue last week on the advice of the Supreme Court, bringing an end to a long-time deadlock.

The opposition delegation consisted of Shah Mahmood Qureshi, Fawad Chaudhry and Senator Ali Zafar while PML-N’s Ishaq Dar, Khawaja Saad Rafique, Azam Nazeer Tarar and Sardar Ayaz Sadiq along with PPP’s Senator Yousuf Raza Gilani and Syed Naveed Qamar are representing the government.

In a brief chat with reporters ahead of another round of the parleys, Saad Rafiq stressed the need for resolving issues through dialogue. He has hoped the government-opposition poll parleys will bear fruit. 

“The country is facing financial challenges. We should think of the country,” Saad said.

Former prime minister Imran Khan yesterday threatened to take to the street if the coalition government does not dissolve the assemblies by May 14.

Imran Khan has been on a campaign for snap polls since his ouster from the Prime Minister’s Office through a no-confidence motion in April last.

He blamed the US for his ouster, saying US-backed conspiracy was behind his ouster as he made an independent foreign policy. However, Washinton denied any wrongdoing.

He led a march to the federal capital and dissolved the assemblies of Punjab and KP after his road show failed to bear fruit.