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

News Image

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

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 169,600.41
183.50M
-0.48%
-825.22
ALLSHR 102,686.26
565.98M
-0.36%
-370.76
KSE30 50,456.98
75.27M
-0.51%
-260.85
KMI30 242,899.57
56.32M
-0.49%
-1202.28
KMIALLSHR 66,568.03
354.92M
-0.38%
-251.61
BKTi 46,884.49
11.66M
-0.44%
-204.90
OGTi 34,745.74
4.31M
-0.76%
-266.71
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 83,970.00 84,005.00
83,730.00
30.00
0.04%
BRENT CRUDE 102.92 107.87
102.30
-2.36
-2.24%
RICHARDS BAY COAL MONTHLY 123.00 0.00
0.00
-1.30
-1.05%
ROTTERDAM COAL MONTHLY 137.40 137.40
135.80
-0.60
-0.43%
USD RBD PALM OLEIN 1,167.50 1,167.50
1,167.50
0.00
0.00%
CRUDE OIL - WTI 89.40 89.57
88.58
0.02
0.02%
SUGAR #11 WORLD 18.84 19.02
18.40
0.28
1.51%

Chart of the Day


Latest News
September 29, 2026 at 11:52 PM GMT+05:00

Petrol price down Rs1.49, diesel Rs2.73 from Sept 30


September 29, 2026 at 04:41 PM GMT+05:00

Gold price in Pakistan falls Rs800 per tola


September 29, 2026 at 04:29 PM GMT+05:00

PKR gains 3 paisa against USD, settles at 277.12



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg