20th meeting of Standing Committee on Finance to commence today

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

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	154,292.26 213.82M	2.85% 4276.09
ALLSHR	92,658.58 393.53M	2.77% 2494.23
KSE30	46,904.87 134.91M	3.12% 1418.41
KMI30	221,684.42 82.94M	3.18% 6829.77
KMIALLSHR	60,187.46 166.61M	3.32% 1934.26
BKTi	42,971.02 70.64M	2.76% 1155.99
OGTi	32,492.05 13.03M	5.29% 1631.20

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	71,645.00	71,755.00 70,980.00	530.00 0.75%
BRENT CRUDE	111.38	112.86 109.78	4.00 3.73%
RICHARDS BAY COAL MONTHLY	99.40	0.00 0.00	-11.50 -10.37%
ROTTERDAM COAL MONTHLY	121.50	121.50 120.85	-0.15 -0.12%
USD RBD PALM OLEIN	1,083.50	1,083.50 1,083.50	0.00 0.00%
CRUDE OIL - WTI	96.04	99.17 95.75	0.58 0.61%
SUGAR #11 WORLD	14.82	14.84 14.35	0.37 2.56%