Committee

The Executive Committee reviews the progress of various projects in SIFC’s key sectors – Trendy Blogger

by
The Executive Committee reviews the progress of various projects in SIFC’s key sectors – Trendy Blogger

Islamabad: The Private Investment Facilitation Council (SIFC) held its twelfth meeting of its Executive Committee to review the progress made on various aspects and projects in key sectors of the Council. The Committee also gave directions to accelerate various outstanding cross-sectoral issues through policy-level initiatives and stakeholder consultation, using the SIFC Forum. The meeting was … Read more

Senate committee presents data protection bill, reviews telecom sector updates – Trendy Blogger

by
Senate committee presents data protection bill, reviews telecom sector updates – Trendy Blogger

Islamabad: The Senate Standing Committee on Information and Communications Technology, chaired by Senator Balwasha Muhammad Zai Khan, met today at Parliament House to deliberate on key issues, including the Personal Data Protection Bill, Starlink operations and the performance of the telecommunications enterprise. The committee discussed the ministry’s observations on the draft Personal Data Protection Bill, … Read more

CEO Jazz joins the VEON Group Executive Committee – Trendy Blogger

by
CEO Jazz joins the VEON Group Executive Committee – Trendy Blogger

Amer Ibrahim, CEO of Jazz and Chairman of Mobilink Microfinance Bank, has joined the Group Executive Committee (GEC) of VEON in addition to his existing responsibilities of heading all VEON businesses in Pakistan. His appointment to GEC strengthens VEON’s strategic alignment with its markets. VEON, the largest Nasdaq-listed company headquartered in Dubai, is a global … Read more

The Bank of Japan announces the schedule of Monetary Policy Committee meetings for the first half of 2025 – Trendy Blogger

by
The Bank of Japan announces the schedule of Monetary Policy Committee meetings for the first half of 2025 – Trendy Blogger

The State Bank of Pakistan (SBP) on Friday released the advance schedule of Monetary Policy Committee (MPC) meetings for the first half of 2025. According to the calendar, the central bank will hold four meetings between January and June. The first meeting of the Monetary Policy Committee is scheduled for January 27, followed by the … Read more

NA Commerce Committee urges recovery of dues from federal and provincial governments – Trendy Blogger

by
NA Commerce Committee urges recovery of dues from federal and provincial governments – Trendy Blogger

The Standing Committee on Trade of the National Assembly stressed the need to recover dues owed by the federal and provincial governments, during its seventh meeting today, Saturday. The committee, headed by Muhammad Jawad Hanif Khan, reviewed export strategies and discussed ways to enhance trade competitiveness. The Ministry of Commerce briefed the Committee on the … Read more

Prime Minister’s Committee urges increased IT export remittances – Trendy Blogger

by
Prime Minister’s Committee urges increased IT export remittances – Trendy Blogger

Islamabad: The Prime Minister’s Committee on IT Export Remittance, in a meeting on Friday, noted that while Pakistan’s IT exports are increasing steadily, a major portion of the profits remains unremitted as many IT companies fail to repatriate the full amount. of its foreign income. The meeting, chaired by Finance and Revenue Minister Senator Muhammad … Read more

The IT sector faces banking and remittance challenges; The PM committee learns – Trendy Blogger

by
The IT sector faces banking and remittance challenges; The PM committee learns – Trendy Blogger

At a recent high-level meeting of the Prime Minister’s Committee on IT Export Transfers, a stark fact emerged: only 38,000 of Pakistan’s 2.32 million freelancers currently have bank accounts in the country. The revelation has highlighted critical bottlenecks in capital flow to the booming IT sector. The meeting, chaired by Finance Minister Muhammad Aurangzeb, emphasized … Read more

The Senate committee said the NFC award changed Pakistan’s financial situation amid high-interest loans – Trendy Blogger

by
The Senate committee said the NFC award changed Pakistan’s financial situation amid high-interest loans – Trendy Blogger

Federal Finance Minister Imdadullah Bhosal informed the Senate Standing Committee on Finance on Wednesday that the current National Finance Commission award has significantly distorted Pakistan’s fiscal position, pushing the federal government to rely on high-interest loans, some at interest rates as steep as 8%. According to a news report, in a press conference chaired by … Read more

The Prime Minister forms a high-level committee to review the tax on bank profits – Trendy Blogger

by
The Prime Minister forms a high-level committee to review the tax on bank profits – Trendy Blogger

The government has established a high-level committee to review fiscal measures related to the ratio of advances to deposits in the banking sector and explore alternative plans to impose a tax on banks’ profits earned from investing in government securities. Prime Minister Shehbaz Sharif formed the committee, headed by Deputy Prime Minister Ishaq Dar, tasked … Read more

The Prime Minister forms a committee to purchase wheat with inputs from the International Monetary Fund – Trendy Blogger

by
The Prime Minister forms a committee to purchase wheat with inputs from the International Monetary Fund – Trendy Blogger

Islamabad: Prime Minister Shehbaz Sharif has formed a committee headed by Finance Minister Muhammad Aurangzeb to formulate a wheat procurement plan for the food year 2024-25, including IMF recommendations. The committee includes Minister of National Food Security and Research Rana Tanveer Hussain, Minister of Commerce Jam Kamal Khan, and Advisor to the Prime Minister on … Read more