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

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

Add Mettisglobal as a Trusted Source on Google

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	181,430.02 376.06M	-0.19% -346.57
ALLSHR	109,168.67 713.66M	-0.13% -139.83
KSE30	54,263.26 125.13M	-0.24% -128.56
KMI30	255,651.73 86.61M	-0.19% -483.04
KMIALLSHR	69,991.04 446.60M	-0.05% -33.30
BKTi	52,205.98 60.34M	-0.31% -161.74
OGTi	35,363.45 11.64M	0.17% 60.63

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	65,015.00	66,020.00 64,290.00	395.00 0.61%
BRENT CRUDE	83.42	84.44 81.50	0.93 1.13%
RICHARDS BAY COAL MONTHLY	105.50	105.50 105.50	-0.25 -0.24%
ROTTERDAM COAL MONTHLY	116.25	117.00 116.25	-0.10 -0.09%
USD RBD PALM OLEIN	1,175.00	1,175.00 1,175.00	0.00 0.00%
CRUDE OIL - WTI	78.07	78.77 76.53	0.78 1.01%
SUGAR #11 WORLD	16.49	16.50 15.49	0.92 5.91%