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PM approves to form task force on ‘Technology Driven Knowledge Economy’

ISLAMABAD: Prime Minister Imran Khan on Tuesday approved, in principle, constitution of a task force on 'Technology Driven Knowledge Economy'. The decision was taken during a meeting between Imran Khan and Dr Atta-ur-Rehman in Islamabad. The task force is being established with an aim to carry out foresight exercises at regular intervals in order to constantly re-evaluate national priorities and put in place strategies and action plans, with delineated timelines, to build a powerful knowledge economy, said the Prime…

ECNEC meeting approves development projects for various areas

ISLAMABAD: Finance Minister Asad Umar chaired meeting of the Executive Committee of the National Economic Council (ECNEC) here on Wednesday. The meeting approved development projects in various areas of the country. The ECNEC discussed and accorded approval of the project for evacuation of power from hydro power projects of Suki Kinari in district Mansehra, Khyber Pakhtunkhwa, Kohala district in Muzaffarabad and Mahal district in Bagh, in Azad and Jammur Kashmir at a cost of Rs 79, 929.73 million. The main objective…

CM Murad approves Rs4bn poverty reduction program for six districts

KARACHI: Sindh Chief Minister Syed Murad Ali Shah on Friday approved Rs4 billion Peoples Poverty Reduction Programme (PPRP) in six district, whereas a similar programme was already in progress in 10 districts. Murad Ali Shah said that the programme would be launched in 288 union councils of six districts of the province. The districts include Ghotki, Sukkur, Naushehroferoze, Benazirabad and rural Union Councils of Karachi and Hyderabad. "The provincial government has already launched Union Council Based Poverty…

Healthcare dept approves health insurance scheme in Punjab

LAHORE: Punjab Specialized Healthcare Department has given approval in principle for launch of Health Insurance Scheme in 19 districts of the province. The decision was taken at a meeting chaired by Provincial Health Minister Dr Yasmeen Rashid in Lahore on Sunday. Addressing the meeting, Dr. Yasmeen Rashid said under the scheme, financial protection would be provided to low-income people. She directed for completing the file work at earliest to get formal approval for the scheme from the provincial cabinet. Read…

Siraj Durrani becomes caretaker governor Sindh after Zubair’s resignation approved

KARACHI: President Mamnoon Hussain on Friday approved resignation of Mohammed Zubair Umar as governor Sindh. Former speaker Sindh Assembly Agha Siraj Durrani has become caretaker governor of the province, ARY News reported. Muhammad Zubair on July 28 stepped down from his position and sent his resignation to the president. “I have performed my duty under the constitution,” he said.  This development came a day after the Pakistan Tehreek-e-Insaf (PTI), which is poised to form a government at the centre after…

Caretaker Sindh cabinet approves utilization of luxury vehicles as per policy

KARACHI: The Sindh government in compliance with the Supreme Court order has retrieved 149 luxury vehicles from the former cabinet members and government officers and parked in the government transport pool for utilizing them as per uniform policy framed by the federal government. This was disclosed in the farewell caretaker cabinet meeting held under the chairmanship of Sindh Caretaker Chief Minister Fazal-ur-Rehamn on Monday here at the CM House.  The meeting was attended by all the cabinet members, Chief…

ECC approves several tax exemptions for Fata, Pata people

ISLAMABAD: The Economic Coordination Committee (ECC) has approved several tax exemptions and other incentives for the next five years for the people of erstwhile the Federally Administered Tribal Areas (Fata) and the Provincially Administered Tribal Areas (Pata). The approval was granted during the ECC meeting held in Islamabad on Thursday with Prime Minister Shahid Khaqan Abbasi in the chair. The approved tax exemptions are as follows: Domestic consumers of electricity would be exempted from sales tax on domestic…

Federal Cabinet approves merger of Fata with KP

ISLAMABAD: The Federal Cabinet has approved placement of draft constitutional amendment before Parliament for the merger of Federally Administered Tribal Areas (Fata) with Khyber Pakhtunkhwa.  The approval was granted during a meeting, which met in Islamabad on Tuesday, with Prime Minister Shahid Khaqan Abbasi in the chair. A National Security Committee meeting earlier chaired by the premier endorsed provision of additional development funds for Fata region during the next ten years with the stipulation that these…

Sindh Cabinet appoints NICVD executive director, approves various draft bills

KARACHI: Sindh Cabinet under the chairmanship of Sindh Chief Minister Syed Murad Ali Shah on Tuesday took important decisions, including appointment of executive director of National Institute of Cardiovascular Diseases (NICVD) and approved some draft bills and referred the same to the assembly. The cabinet meeting at New Sindh Secretariat was told that the NICVD had established new satellites in various districts and its director was retiring on Wednesday, therefore a new director may be appointed on the recommendation…

Sri Lanka approves $500 million LNG plant near Chinese-controlled port

COLOMBO: Sri Lanka’s state-run investment body has approved a $500 million liquefied natural gas plant by China Machinery Engineering Corp near a Chinese-controlled port and industrial zone, the development strategies minister said on Friday. The state-run Board of Investment has approved investment projects worth $1 billion in the first quarter, Malik Samarawickrama said, the largest of which was the LNG project in Hambantota, where China Merchants Port Holdings controls a Chinese-built port on a 99-year lease. The…