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

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

Add Mettisglobal as a Trusted Source on Google

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	171,402.08 123.44M	0.15% 248.92
ALLSHR	103,762.74 640.45M	0.28% 285.71
KSE30	50,998.57 52.62M	0.19% 96.59
KMI30	244,665.18 69.20M	0.37% 899.52
KMIALLSHR	67,290.94 377.69M	0.30% 203.90
BKTi	47,479.22 9.62M	-0.28% -135.50
OGTi	35,149.09 4.24M	0.85% 295.17

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	86,650.00	86,950.00 85,195.00	60.00 0.07%
BRENT CRUDE	99.80	102.30 97.43	-0.54 -0.54%
RICHARDS BAY COAL MONTHLY	130.00	0.00 0.00	6.10 4.92%
ROTTERDAM COAL MONTHLY	137.10	137.10 137.10	-0.20 -0.15%
USD RBD PALM OLEIN	1,228.00	1,228.00 1,228.00	0.00 0.00%
CRUDE OIL - WTI	91.23	93.84 89.16	-1.14 -1.23%
SUGAR #11 WORLD	18.55	18.57 18.02	0.16 0.87%