Islamabad, September 19, 2023 – The Economic Coordination Committee (ECC) has given its authorization to the Finance Division for the disbursement of projected net salaries for the first six months of the Financial Year 2023-24.
ISLAMABAD: Economic Coordination Committee (ECC) of the Cabinet on Thursday approved a grant for disbursement of Rs1.38 billion of projected salary to employees of Pakistan Steel Mills (PSM). The ECC considered and approved a summary of Ministry of Industries & Production (MoIP) and allowed the payment of projected net salary of Rs1.378 billion for the […]
ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet on Wednesday approved the retrenchment plan of Pakistan Steel Mills (PSM). Adviser to the Prime Minister on Finance and Revenue Dr. Abdul Hafeez Shaikh chaired the ECC meeting at the Cabinet Division. The Ministry of Industries and Production brought a summary to the ECC on the […]
ISLAMABAD: South Africa has arrested a ship of Pakistan National Shipping Company (PNSC) for alleged payment default by Pakistan Steel Mills. The issue was discussed at the Economic Coordination Committee (ECC) of the Cabinet on Wednesday which was chaired by Adviser to the Prime Minister on Finance and Revenue Dr Abdul Hafeez Shaikh. A statement […]
KARACHI: The federal government will conduct fresh audit of Pakistan International Airlines (PIA) and Pakistan Steel Mills (PSM) in order to ensure transparency in state-owned enterprises (SOE). The audits would be initiated for improving SOE governance, transparency and efficiency. The federal government will make public the outcome of the audits by December 2019, which was […]
ISLAMABAD: Cabinet Committee on Privatization (CCoP) on Monday directed Ministry of Industries and Production and Privatization Commission to present proposals for the privatization of Pakistan Steel Mills. Adviser to the Prime Minister on Finance, Revenue and Economic Affairs, Dr. Abdul Hafeez Shaikh, chaired meeting of CCoP. The committee discussed the privatization of Pakistan Steel Mills. […]