China Set To Loosen Credit But


He further gave an overview of the current economic situation and emphasized that government is committed to introduce reforms in various sectors, in the face of various challenges, to address the long outstanding structural issues and to attain sustainable and inclusive growth. Federal Minister for Finance and Revenue Mr. Shaukat Tarin held a virtual meeting with Saudi Investment Minister Engr.Khalid Al-Falih, today. Chairman Board of Investment Mr. Muhammad Azfar Ahsan and other senior officers also participated in the meeting. SAPM on E-Commerce Senator Aon Abbas Buppi, Secretary IT &Telecom, Deputy Governor SBP, Members FBR, and other senior officers attended the meeting. Federal Minister for National Food Security and Research Syed Fakhar Imam, Federal Minister of Planning, Development and Special Initiatives Mr. Asad Umar, Federal Minister for Industries and Production Makhdoom Khusro Bakhtiar, Federal Secretaries and senior officers attended the meeting.

 Economic Woes May Be Too Deep For Quick Turnaround

The ECC approved a summary tabled by Ministry of Information Technology & Telecommunication for the constitution of Advisory Committee headed by the Finance Minister for the release of IMT/5G spectrum. Federal Minister for Finance and Revenue Mr. Shaukat Tarin held a meeting with H.E Mr. Wouter Plomp, Ambassador of the Kingdom of Netherlands accompanied by Mr. Hein Schumacher, Global CEO, Royal Frieslandcampina of Netherlands at Finance Division, today. The ECC also considered and approved Technical Supplementary Grants submitted by different Ministries/Divisions.

Financial Information

The students will acquire the knowledge and technical skills needed to analyze accounting/finance and business problems, and they will understand how best to communicate and use financial information to support business decisions. Accounting & Finance are the most significant and critical areas in the system of free enterprise. Good financial management is, therefore, vitally important to the economic health of business organizations. However, the constant shifts in economic conditions, intense competition for financial resources and questionable business practices have made financial management a complex and challenging undertaking. The BS Accounting & Finance program is designed to prepare students to meet the challenges posed by this complex but exciting area that has assumed much greater importance in the wake of the recent financial crisis in the world.

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Federal Minister for Finance and Revenue Mr. Shaukat Tarin held a meeting with Mr. Knut Ostby, Resident Representative UNDP at Finance Division, today. Pakistan’s delegation was led by Mr. Muhammad Hammad Azhar, Federal Minister for Energy / Chairman National FATF Coordination Committee. Pakistan is making endeavors to complete the last two remaining items of both the action plans, as early as possible.

MoU Signing Ceremony was recently held between House Building Finance Company & IGI Life Insurance. The MoU was signed by Mr. Faisal Murad, Group Head Business & Operations – HBFC & Mr. Tahir Masaud, Head Business & Operations – IGI Life, in the presence of senior executives of both the organizations. Arguing that political uncertainty hurts like nothing else does, corporate leaders reiterate the demand for a Charter of Economy. The political pendulum has swung wildly in the last few weeks, as it often does in the country, but exports and ...

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The forum also decided to review some recommendations relating to automotive sector after six months. The Finance Minister expressed satisfaction on the decline in the prices of sensitive commodities and appreciated the provincial governments for taking administrative measures to reduce the gap between the wholesale and retail price. Federal Minister for Finance and Revenue Mr. Shaukat Tarin presided over the meeting of the National Price Monitoring Committee , held at the Finance Division, today. He further said that the present government has introduced reforms in Agriculture, Industry, IT , housing, investment and other sectors and promotion of tourism as vital for economic growth. NPMC was updated on the prices of wheat flour and the meeting expressed satisfaction on the stability in the Wheat flour prices and availability of sufficient stocks of wheat in the country. NPMC was informed that prices of 22 items remained stable and 25 items registered increase in prices which contributed increase in the SPI by 0.54%.

Ministry of Energy submitted a summary to allow amending the Petroleum Concession Agreement, allowing GHPL Assignment of Working interest in Wali, Jandaran West, Saruna and Pesu block of OGDCL. The ECC approved to amend the respective Petroleum Concession Agreements by allowing GHPL to increase its Working Interest above its statutory Working Interest of 2.5% being state participator in Wali, Jandran West,Saruna and Pesu blocks of OGDCL. NPMC was also briefed on the prices of Pulses in the country, NPMC was informed that there was stability in price of Gram Pulse, while price of Moong pulse decreased by Rs. 6 per kg during last six weeks.

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