20th meeting of Standing Committee on Finance to commence today

MG News | September 04, 2019 at 10:15 AM GMT+05:00

Add Mettisglobal as a Trusted Source on Google

0:00

September 4, 2019 (MLN): The 20^th meeting of the Standing Committee on Finance, Revenue and Economic Affairs will commence later today at 2:00 pm (PST), with Mr. Asad Umar in chair.

At the meeting, the Committee will be updated on the latest amendment in Gas Infrastructure Development Cess (GIDC) Act, along with its impact on fertilizer prices.

Apart from this, Pakistan’s inflation trend for both CPI and SPI during July and August will be brought under the radar, while expected inflation in near terms and the measure taken to control it will also be discussed, today.

Furthermore, the Ministry of Finance will be briefed regarding the country’s fiscal situation and the factors leading up to accumulation of debt and fiscal deficit in FY19. In addition to this, the committee will also discuss the potential measures to narrow down these figures in the ongoing year.

On the other hand, the Federal Board of Revenue (FBR) will give presents its strategies to meet the tax collection target this year. The Board will also give a glimpse of the tax revenue performance in the last two months.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	178,922.76 458.03M	-1.36% -2475.46
ALLSHR	107,850.27 1,038.22M	-1.24% -1356.82
KSE30	53,308.95 263.66M	-1.46% -789.54
KMI30	255,193.17 241.09M	-1.46% -3789.62
KMIALLSHR	69,955.81 579.69M	-1.31% -930.18
BKTi	48,839.93 52.13M	-1.20% -593.67
OGTi	36,450.04 22.36M	-1.87% -693.83

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	63,285.00	63,415.00 62,315.00	340.00 0.54%
BRENT CRUDE	80.49	80.81 78.77	0.64 0.80%
RICHARDS BAY COAL MONTHLY	115.00	0.00 0.00	-0.25 -0.22%
ROTTERDAM COAL MONTHLY	125.50	0.00 0.00	1.20 0.97%
USD RBD PALM OLEIN	1,157.50	1,157.50 1,157.50	0.00 0.00%
CRUDE OIL - WTI	76.54	76.78 74.98	0.69 0.91%
SUGAR #11 WORLD	14.14	14.50 14.10	-0.23 -1.60%