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 156,177.12
288.62M
6.62%
9696.97
ALLSHR 93,623.09
482.92M
5.91%
5221.94
KSE30 48,043.06
141.70M
6.77%
3046.55
KMI30 225,069.58
124.56M
7.16%
15030.17
KMIALLSHR 60,866.01
283.02M
6.19%
3550.28
BKTi 45,102.26
59.40M
6.46%
2737.76
OGTi 33,122.47
17.00M
5.22%
1641.98
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 71,185.00 71,200.00
68,485.00
1980.00
2.86%
BRENT CRUDE 91.31 95.04
88.05
-7.65
-7.73%
RICHARDS BAY COAL MONTHLY 99.40 0.00
0.00
-17.60
-15.04%
ROTTERDAM COAL MONTHLY 132.00 0.00
0.00
-0.50
-0.38%
USD RBD PALM OLEIN 1,083.50 1,083.50
1,083.50
0.00
0.00%
CRUDE OIL - WTI 87.23 91.48
84.43
-7.54
-7.96%
SUGAR #11 WORLD 14.62 14.64
14.25
0.52
3.69%

Chart of the Day


Latest News
March 10, 2026 at 01:00 PM GMT+05:00

Zuma Resources expands into IT, tech ventures


March 10, 2026 at 12:57 PM GMT+05:00

Gold price in Pakistan rises Rs6,200 per tola


March 10, 2026 at 12:23 PM GMT+05:00

Dadex enters agreement to sell property for Rs1.85bn



Top 5 things to watch in this week

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