Peshawar
April 1, 2021
PESHAWAR: The Industries Department on Wednesday launched Business Facilitation Cell for investors at the Khyber Pakhtunkhwa Board of Investment and Trade (KP-BOIT).
Through this cell, KP-BOIT will provide Ease of Doing Business (EoDB) facilitation which will play an important role in the economic development of the province.
Special Assistant to Chief Minister for Industries, Abdul Karim Khan, addressed the inauguration ceremony.
KP-BOIT Chief Executive Officer (CEO) Hassan Daud Butt highlighted the key features of the cell and termed it a milestone in the economic development of the province.
He hoped the cell would significantly increase the business activities in the province and prove to be useful for promoting cross-border trade.
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Top Story
February 19, 2021
ISLAMABAD: While formulating seven sub groups, including macroeconomic framework to ascertain the exact size of resource envelope, the provinces in the maiden session of NFC expressed reservations over the inclusion of cost sharing on account of various heads from the share of the federating units.
The Centre included certain provisions of expenditures into Terms of Reference as part of discussions for the 10th National Finance Commission (NFC) Award but all the stakeholders decided to defer discussion on it because the provinces were not ready to listen to any proposal that slashed their share in the overall Federal Divisible Pool (FDP). Sindh Chief Minister Syed Murad Ali, while talking to reporters after the NFC meeting outside the Q Block, said that under the Constitutional provisions, the share of the provinces into the FDP could not be reduced from the last NFC Award, making it clear that all such possibilities would not be considered.
Provinces oppose slashing share in overall Federal Divisible Pool
Top Story
February 19, 2021
ISLAMABAD: While formulating seven sub groups, including macroeconomic framework to ascertain the exact size of resource envelope, the provinces in the maiden session of NFC expressed reservations over the inclusion of cost sharing on account of various heads from the share of the federating units.
The Centre included certain provisions of expenditures into Terms of Reference as part of discussions for the 10th National Finance Commission (NFC) Award but all the stakeholders decided to defer discussion on it because the provinces were not ready to listen to any proposal that slashed their share in the overall Federal Divisible Pool (FDP). Sindh Chief Minister Syed Murad Ali, while talking to reporters after the NFC meeting outside the Q Block, said that under the Constitutional provisions, the share of the provinces into the FDP could not be reduced from the last NFC Award, making it c