Pakistan expresses commitment to continue to comply with FATFâs action plan Fri 26th February 2021 | 12:29 PM
The Ministry of Finance says that enormous work had been done to strengthen its anti-money laundering regime and address the strategic counter-terrorist financing related deficiencies.
ISLAMABAD: (UrduPoint/UrduPoint / Pakistan Point News-Feb 26
th, 2021) Pakistan once again expressed its commitment to keep continuing strengthening the AML/CFT regime in accordance with global standards and comply with the FATF s action plan.
The Ministry of Finance in its statement said that enormous work had been done to strengthen its anit-money laundering regime and address the strategic counter-terrorist financing related deficiencies.
Meeting held to review revival of Pakistan Steel Mills
January 26, 2021
ISLAMABAD, Pakistan: The Federal Minister for Privatization Muhammad Mian Soomro and the Federal Minister for Industries and Production Muhammad Hammad Azhar co-chaired an important meeting in Islamabad on Tuesday to review and discuss the progress made in the revival of Pakistan Steel Mills (PSM).
The Federal Secretary Privatization, the Secretary & the Additional Secretary Industries, and other Senior Officials of the Ministry attended the meeting. The Chairman and CFO PSM participated via video link.
The revival of PSM would be undertaken as per the approved decision of CCoP/ Cabinet: transfer of core assets of PSM to a subsidiary owned wholly by the PSM which will be followed by the sale of majority shares of the subsidiary thus formed without transfer of full ownership.
APO to mark diamond jubilee
Business
January 21, 2021
ISLAMABAD: The Tokyo-based Asian Productivity Organization (APO) will mark its diamond jubilee through a virtual launch on today (January 21, 2021), a statement said on Wednesday.
Pakistan being one of the eight founding members will also host an APO 60th anniversary commemorative event in July 2021. All the events consist of international conferences, forums, and concurrent side programs and will produce anniversary publications, and videos.
Several declarations and statements will be aimed as the outputs of the programs. The launch marks the beginning of a year-long tribute to the 60-year productivity journey in Asia, showcasing productivity as a key enabler for the Asia-Pacific region, past, present, and future.
PM briefed about stock availability, digital system to monitor inflation
APP
January 08, 2021
ISLAMABAD:
The prime minister directed strict action against all those involved in illegal profiteering and hoarding of sugar across the country.
Chairing a meeting on prices and availability of sugar, the prime minister stressed for taking the action without any discrimination to ensure availability of essential commodities.
Imran said profiteers and hoarders were the enemies of poor and did not deserve any concession.
The Punjab chief secretary, through video-link, gave a detailed briefing about the sugar produce, crushing and available stock in Punjab.
The prime minister was informed that to ensure ample availability of the sugar stock at controlled prices, the video-link meetings among all commissioners of divisions and deputy commissioners of districts were being held on a daily basis.
Pakistan, US explore untapped potential for expanding bilateral trade and investments
Pakistan
US remains Pakistan’s largest export market
New data shows Pakistan’s exports to the United States hit record levels in October ($430 million) and November ($437 million) – meaning US-Pakistan trade is sustaining jobs at a critical time
ISLAMABAD: The United States-Pakistan Business Council (USPBC) on Thursday arranged a virtual event titled Explore Pakistan: Preparing for a post-COVID economy, to shed light on bilateral trade and investment initiatives between the two countries.
The third event of the series took place on December 10 and focused on Enhancing Business environment and promoting industrial growth in Pakistan’.