Tag: federal cabinet
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Electricity tariff reduced up to 50pc on additional usage to promote industries
ISLAMABAD: The government on Tuesday announced up to 50 percent reduction in electricity tariff on additional usage to promote industries in the country. Prime Minister Imran Khan announced a relief package for industrial sector with 50 percent reduction in rate of commercial electricity on additional usage by Small and Medium Enterprises. The announcement was made…
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Cabinet allows export of all PPE items
ISLAMABAD: The federal cabinet in its meeting held on Tuesday allowed export of all Personal Protective Equipment (PPE) items. The cabinet approved to lift the ban on export of Tyvek Suits and the anti-malarial drugs, including Chloroquine and Hydroxychloroquine.
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OMCs must have 21 days stock of POL products, federal cabinet decides
ISLAMABAD: Authorities to enforce license condition that Oil Marketing Companies (OMCs) must have 21 days stock in order to ensure availability of petroleum products. Prime Minister Imran khan chaired the meeting of the federal cabinet held on Tuesday. The prime minister directed the Minister of Petroleum and Oil and Gas Regulatory Authority (OGRA) to ensure…
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State-owned land in major cities to be offered for sale to overseas Pakistanis
Prime Minister Imran Khan announced on Tuesday that the government plans to sell state-owned land in major cities to overseas Pakistanis. This move aims to generate essential financial resources for the country.
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Cabinet to announce major relief in prices
ISLAMABAD: The federal cabinet in its meeting scheduled for Tuesday, February 12, 2020 will announce major relief in prices of basic food items, Prime Minister Imran Khan announced on Sunday. The prime minister in its tweet message said that the government would come up with various measures to reduce the prices of basic food items…
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Cabinet approves gradual reduction in regulatory duty
ISLAMABAD: The Federal Cabinet has approved gradual reduction in regulatory duty and additional customs duty under first-ever National Tariff Policy (NTP). The federal cabinet, in its meeting chaired by the Prime Minister held on Tuesday November 19, 2019, approved the first-ever National Tariff Policy (NTP). The policy guidelines contained in the NTP, as approved by…
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Dr. Hafeez Shaikh entrusted for finance charge in major cabinet reshuffle
ISLAMABAD: Dr. Hafeez Shaikh has been appointed as Advisor to Prime Minister on Finance following resignation of Asad Umar from the slot of finance minister. Asad Umar has resigned amid controversies on economic and policy decisions. Interestingly, Dr. Hafeez Shaikh, the nominated advisor to prime minister, was the finance minister during last tenure of Pakistan…
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No decision on amnesty scheme, cabinet to consider tomorrow
ISLAMABAD: The federal cabinet has discussed the planned tax amnesty scheme and it will decide in tomorrow’s meeting, sources said on Tuesday. The federal cabinet was met under the chair of Prime Minister Imran Khan. Finance Minister Asad Umar briefed the meeting about the proposed amnesty scheme. The sources said that the prime minister directed…
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