High-powered committee suggests merging, closing govt departments

News Image

MG News | June 12, 2024 at 04:01 PM GMT+05:00

0:00

June 12, 2024 (MLN): A high-powered committee, constituted by the Prime Minister for submitting recommendations to curtail government expenditures and cut the government's size, has recommended closing, merger or handing over some government departments to the provinces.

It was informed at a high level meeting of the committee held in Islamabad toady with Prime Minister Shehbaz Sharif in the chair.

The committee headed by Deputy Chairman of Planning Commission and comprising Federal Cabinet, Establishment and Power Secretaries, Dr Qaiser Bangali, Dr Farrukh Saleem and Muhammad Naveed Iftikhar, presented the report to the Prime Minister in the meeting. 

The Committee presented short and medium-term recommendations containing introducing a contributory pension mechanism for newly-appointed employees, and abolishing vacancies lying vacant for over a year.

The committee suggested to engage private sector for service delivery in the government departments, besides banning unnecessary travel of government officials to cut expenditures by promoting teleconferencing.

The committee also recommended withdrawal of official vehicles from the officers availing the monetization facility.

Speaking on the occasion, Prime Minister Shehbaz Sharif directed the committee to submit concrete proposals after analyzing the best practices across the world.

He expressed the hope that billions of rupees of the national exchequer would be saved in the light of recommendations of the high-powered committee.

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 152,740.38
147.44M
-1.01%
-1551.88
ALLSHR 91,858.47
324.25M
-0.86%
-800.10
KSE30 46,223.61
86.89M
-1.45%
-681.25
KMI30 219,130.92
66.08M
-1.15%
-2553.50
KMIALLSHR 59,625.28
139.61M
-0.93%
-562.17
BKTi 42,104.46
39.09M
-2.02%
-866.56
OGTi 32,077.87
10.13M
-1.27%
-414.19
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 70,020.00 71,480.00
69,530.00
-340.00
-0.48%
BRENT CRUDE 109.47 111.22
105.05
0.82
0.75%
RICHARDS BAY COAL MONTHLY 99.40 0.00
0.00
-11.80
-10.61%
ROTTERDAM COAL MONTHLY 123.30 0.00
0.00
0.00
0.00%
USD RBD PALM OLEIN 1,083.50 1,083.50
1,083.50
0.00
0.00%
CRUDE OIL - WTI 96.92 97.13
92.47
1.37
1.43%
SUGAR #11 WORLD 15.61 15.65
15.27
0.24
1.56%

Chart of the Day


Latest News
March 20, 2026 at 02:24 AM GMT+05:00

Jazz launches 5G services in Pakistan


March 20, 2026 at 01:47 AM GMT+05:00

SBP reserves have increased for the 32nd consecutive week


March 19, 2026 at 03:56 PM GMT+05:00

PKR holds firm, closes flat against USD


March 19, 2026 at 03:41 PM GMT+05:00

CCP approves merger of Cyan, DH Partners into DLL



Top 5 things to watch in this week

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