Govt working on right sizing of institutions to streamline system: Qaiser

News Image

MG News | September 04, 2024 at 05:18 PM GMT+05:00

0:00

September 04, 2024 (MLN): Federal minister for maritime affairs Qaiser Ahmed Sheikh on Tuesday said that the government is working on right sizing of the institutions to streamline the system, APP reported.

All such entities which are not producing results would be restructured without further delay, he said while talking to PTV.

The government has already taken austerity measures to strengthen national economy and national institutions, he said.

About Pakistan Steel Mills, he said, we have evolved a mechanism so that all such organizations could be made profitable or announce golden handshake for the employees drawing salaries from these non-profitable departments.

In reply to a question about extra expenditure and unnecessary facilities to some officials, he said that all out efforts are being made to avoid wastage of national money.

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 161,886.48
157.24M
0.12%
199.30
ALLSHR 98,197.17
873.51M
0.12%
121.89
KSE30 48,942.25
37.64M
-0.02%
-8.73
KMI30 231,030.26
44.81M
0.13%
305.84
KMIALLSHR 63,823.77
345.59M
0.11%
73.07
BKTi 44,251.52
8.41M
-0.28%
-126.03
OGTi 31,078.18
3.22M
-0.15%
-45.79
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 89,860.00 92,305.00
89,325.00
-2110.00
-2.29%
BRENT CRUDE 63.67 64.02
63.62
-0.53
-0.83%
RICHARDS BAY COAL MONTHLY 85.75 85.75
85.75
0.50
0.59%
ROTTERDAM COAL MONTHLY 96.45 0.00
0.00
0.30
0.31%
USD RBD PALM OLEIN 1,082.50 1,082.50
1,082.50
0.00
0.00%
CRUDE OIL - WTI 59.33 59.81
59.28
-0.58
-0.97%
SUGAR #11 WORLD 14.75 14.94
14.65
-0.21
-1.40%

Chart of the Day


Latest News
November 18, 2025 at 12:34 PM GMT+05:00

Breakup of trade data in October: PBS


November 18, 2025 at 12:02 PM GMT+05:00

Matco to list Falak Foods with 25% public offering


November 18, 2025 at 11:15 AM GMT+05:00

Bank deposits decrease to Rs35tr in Oct


November 18, 2025 at 10:53 AM GMT+05:00

Govt retires Rs149bn debt in a week


November 18, 2025 at 10:35 AM GMT+05:00

M2 falls by Rs343bn in a week



Top 5 things to watch in this week

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