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 169,456.39
433.91M
0.69%
1153.14
ALLSHR 102,478.58
1,022.58M
0.67%
679.64
KSE30 51,541.70
184.13M
0.73%
373.14
KMI30 243,807.02
183.17M
0.69%
1682.44
KMIALLSHR 66,859.30
609.32M
0.71%
468.34
BKTi 45,393.18
48.65M
0.46%
206.94
OGTi 33,710.09
12.30M
0.12%
40.22
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 90,470.00 91,280.00
89,770.00
-520.00
-0.57%
BRENT CRUDE 62.70 62.76
62.24
0.21
0.34%
RICHARDS BAY COAL MONTHLY 91.00 0.00
0.00
0.05
0.06%
ROTTERDAM COAL MONTHLY 97.00 0.00
0.00
-0.05
-0.05%
USD RBD PALM OLEIN 1,016.00 1,016.00
1,016.00
0.00
0.00%
CRUDE OIL - WTI 59.07 59.13
58.58
0.19
0.32%
SUGAR #11 WORLD 14.81 14.89
14.76
-0.01
-0.07%

Chart of the Day


Latest News
December 09, 2025 at 03:00 PM GMT+05:00

SECP alerts investors to rising online trading fraud


December 09, 2025 at 02:56 PM GMT+05:00

Premium textile forms UAE subsidiary


December 09, 2025 at 02:32 PM GMT+05:00

Gold price in Pakistan falls Rs1,900 per tola



Top 5 things to watch in this week

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