Shaukat Tarin reiterates to bring changes in public sector

News Image

MG News | August 24, 2021 at 10:05 AM GMT+05:00

August 24, 2021: Federal Minister for Finance and Revenue, Mr. Shaukat Tarin, held a meeting with the Adviser to the Prime Minister on Institutional Reforms and Austerity Dr. Ishrat Hussain to review progress on institutional reforms in the public sector.

In his opening remarks, the Finance Minister acknowledged the valuable contribution of the Advisor to the PM in spearheading the reform process. He commended the efforts of the Advisor to the PM for categorization of State-owned Enterprises (SOES) through triage and drawing up holistic proposals for restructuring and strengthening operations after robust engagement and consultation with all relevant stakeholders.

While speaking on the occasion, the Adviser to the PM on Institutional Reforms outlined the steps taken for re-organization of Federal Government entities into three broad categories with a view to bring in good governance, transparency, operational sustainability and improved human resource management. Rules of Business were amended to incorporate new definition of autonomous bodies and SROs were updated to clarify the powers and functions of such bodies.

The Adviser further underlined the significance of E-Governance as Ministries have switched over to new the version of e-Office. Training was imparted for electronic submission of summaries to the Prime Minister, Cabinet and various Committees. Concept of Performance Agreements has been introduced to evaluate performance of the Ministries against set goals and objectives, he added.

The Adviser thanked the Finance Minister for the full support and facilitation extended by the Finance Division on the occasion.

In his concluding remarks, the Finance Minister commended the substantial contribution of the Adviser and affirmed to carry forward a comprehensive reform agenda for bringing much needed changes in the public sector.

Press Release

Related News

Name Price/Vol %Chg/NChg
KSE100 164,467.20
177.74M
0.88%
1428.73
ALLSHR 99,729.91
400.48M
0.85%
842.22
KSE30 48,442.40
98.87M
0.73%
351.39
KMI30 235,633.53
48.82M
0.71%
1656.68
KMIALLSHR 64,521.14
241.88M
0.67%
428.23
BKTi 45,328.82
13.90M
1.11%
496.19
OGTi 33,560.54
2.08M
0.55%
182.19
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 81,070.00 81,360.00
80,530.00
325.00
0.40%
BRENT CRUDE 115.29 116.06
114.11
1.41
1.24%
RICHARDS BAY COAL MONTHLY 128.50 0.00
0.00
0.55
0.43%
ROTTERDAM COAL MONTHLY 146.75 146.75
146.75
-0.50
-0.34%
USD RBD PALM OLEIN 1,182.50 1,182.50
1,182.50
0.00
0.00%
CRUDE OIL - WTI 101.11 101.43
99.75
1.21
1.21%
SUGAR #11 WORLD 19.20 19.42
19.03
0.10
0.52%

Chart of the Day


Latest News
October 28, 2026 at 07:12 AM GMT+05:00

MG Morning Breeze: Updates to Skim before Market


October 27, 2026 at 11:32 PM GMT+05:00

Diesel price rises by Rs2.25, petrol gets Rs3.19 relief


October 27, 2026 at 09:32 PM GMT+05:00

Govt accepts bids worth Rs23bn in Bai Muajjal purchase of GIS


October 27, 2026 at 08:42 PM GMT+05:00

TRG Saga: Court sends TRG back to SECP


October 27, 2026 at 04:54 PM GMT+05:00

Govt to speed up AI adoption through national initiative



Top 5 things to watch in this week

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