50% funds to release immediately to speed up development projects: Dr Hafeez

MG News | November 08, 2019 at 11:37 AM GMT+05:00

0:00

November 8, 2019 (MLN): The Finance Ministry has decided to make 50% funds available immediately to the Planning Division and eliminated the requirements of "ways and means clearance" and "Finance Division's endorsement" for the for the 1st three quarters to speed up the fund release process, said by Adviser to the PM on Finance and Revenue Dr Abdul Hafeez Shaikh in a tweet yesterday.

He further said on his Twitter account that the Planning Division and the line Ministries can really speed up work on development in line with the PM’s vision.

$\"\"$

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	157,132.10 429.92M	3.39% 5159.10
ALLSHR	93,566.86 763.32M	2.62% 2388.00
KSE30	48,302.97 218.66M	4.27% 1976.50
KMI30	220,798.52 207.58M	4.07% 8628.34
KMIALLSHR	59,988.53 433.51M	2.75% 1606.15
BKTi	46,193.08 61.76M	4.26% 1887.06
OGTi	30,193.10 21.94M	3.73% 1086.31

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	67,240.00	69,740.00 66,530.00	-2240.00 -3.22%
BRENT CRUDE	84.29	85.12 78.38	6.55 8.43%
RICHARDS BAY COAL MONTHLY	99.40	0.00 0.00	-7.85 -7.32%
ROTTERDAM COAL MONTHLY	139.50	139.50 129.00	20.70 17.42%
USD RBD PALM OLEIN	1,083.50	1,083.50 1,083.50	0.00 0.00%
CRUDE OIL - WTI	76.95	77.53 70.41	5.72 8.03%
SUGAR #11 WORLD	14.17	14.19 13.94	0.26 1.87%