ISLAMABAD: Pakistan and the IMF have so far remained unable to narrow down their differences and both sides decided to continue talks till approval of the upcoming budget 2021-22 from Parliament.The.
ISLAMABAD: Federal Minister for Finance Dr Abdul Hafeez Shaikh Tuesday said the federal cabinet approved three important bills related to the SBP Amendment bill 2021.These bills were aimed at.
Top Story
March 10, 2021
ISLAMABAD: Federal Minister for Finance Dr Abdul Hafeez Shaikh Tuesday said the federal cabinet approved three important bills related to the SBP Amendment bill 2021.
These bills were aimed at granting autonomy to the central bank, abolishing corporate income tax bill for fetching tax revenues up to Rs140 billion and fixing cash bleeding state-owned enterprises (SOEs) bill under the IMF programme.
He was addressing a joint news conference along with Minister for Industries Hammad Azhar, Minister of State for Institutional Reforms Dr Ishrat Hussain, Secretary Finance Kamran Afzal, and FBR Chairman Javed Ghani at the PID here on Tuesday. Reporters raised critical questions about controversial SBP Amendments Bill 2021 related to lack of accountability of the SBP governor, targeting inflation, doing away with the Fiscal and Monetary Coordination Board and lack of definition of price stability in the proposed amendment bills under the dictates of the IMF.
Top Story
March 10, 2021
ISLAMABAD: Federal Minister for Finance Dr Abdul Hafeez Shaikh Tuesday said the federal cabinet had approved three important bills related to the SBP Amendment Bill 2021.
These bills were aimed at granting autonomy to the central bank, abolishing corporate income tax bill for fetching tax revenues up to Rs140 billion and fixing cash bleeding state-owned enterprises (SOEs) bill under the IMF programme.
He was addressing a joint news conference along with Minister for Industries Hammad Azhar, Minister of State for Institutional Reforms Dr Ishrat Hussain, Secretary Finance Kamran Afzal, and FBR Chairman Javed Ghani at the PID here on Tuesday. Reporters raised critical questions about the controversial SBP Amendments Bill 2021 related to lack of accountability of the SBP governor, targeting inflation, doing away with the Fiscal and Monetary Coordination Board and lack of definition of price stability in the proposed amendment bills under the dictates of the
PHC takes notice of financial crisis in public sector universities
National
February 26, 2021
PESHAWAR: The Peshawar High Court (PHC) has taken notice of the financial crises in the public sector universities and directed the government and relevant departments to address the issue at the earliest.
PHC Chief Justice Qaiser Rashid Khan, while hearing a case about the financial crises in KP universities, remarked that some of these institutions were on the verge of closure and even teachers were not receiving salaries.
He asked the government and departments concerned as to why it was happening and who would find a solution to the situation. The chief justice directed the government and the relevant departments to address the issues of these institutions at the earliest for the sake of future generations.