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ECP has been granted Rs 1.31 billion to hold LG by-elections.

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The federal cabinet’s Economic Coordination Committee (ECC) authorised a grant of more than Rs. 1.3 billion on Tuesday for the Election Commission of Pakistan (ECP) to hold local government (LG) by-elections across the nation.

Senator Muhammad Aurangzeb, Federal Minister for Finance and Revenue, presided over the ECC meeting, which also took into account a number of proposals from other sectors.

According to a press release here, the ECC reviewed and accepted an ECP summary for a grant of Rs. 1.317 billion in relation to the local government elections in Islamabad and Punjab and the LG by-elections in Sindh, Khyber Pakhtunkhwa, and Balochistan.

In several regions of the nation, the ECP is prepared to hold LG by-elections on November 14.

Also approved by the ECC was a summary of a Technical Supplementary Grant (TSG) of Rs. 16.995 billion filed by the Ministry of Communications (Postal Services Wing) to settle verified pending liabilities of Pakistan Post Office Department agencies and corporations.

As part of the FBR Transformation Plan, which was previously approved by the Prime Minister, the Federal Board of Revenue (FBR) submitted five separate reports to the ECC.

Through joint deliberation, the ECC also determined that the Finance and Revenue Divisions would determine the details of the five suggestions, including money allocation and release.

To upgrade the engines of two VVIP aircraft used by Prime Minister (PM) Shehbaz Sharif and President Asif Ali Zardari for official business, the ECC previously authorised a technical supplemental grant of Rs 1.8 billion.

According to a news release released here, “the ECC investigated and approved a Technical Supplementary Grant to the Ministry of Defence to the tune of Rs. 1.8 billion for overhaul of engines of two VVIP aircraft being utilised for state duties with the President and the Prime Minister of Pakistan.”

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Kite flying and trade in Punjab will cost an arm and a leg.

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The Punjab government has declared a “complete” ban on kite flying and said that those who violate it will face harsh penalties.

With the passage of an amended law by the Punjab Assembly, kite flying is no longer punishable by bail.

Depending on the seriousness of the incident, the offenders could be imprisoned for three to seven years.

Anyone found to be involved in any linked activity, including kite manufacturers and distributors, could be fined between Rs500,000 and Rs5 million.

Anyone spotted flying a kite in Punjab faces a two-million rupee fine, three to five years in prison, or both.

A punishment of Rs. 5 million, five to seven years in prison, or both might be imposed on kite manufacturers or suppliers.

In case of a child, the violator will be fined Rs50,000 for the first time and Rs100,000 for repeating the crime.

Penalties for using life-threatening twine and flying kites have been announced by the Punjab government. Several casualties are reported in parts of Punjab due to use of dangerous thread.

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With SIFC assistance, Pakistan develops EV infrastructure.

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With major assistance from the Special Investment Facilitation Council (SIFC), Pakistan’s EV industry is expanding, and the government has announced plans to install 10,000 charging stations nationwide by 2030.

A 44% decrease in electricity tariffs for EV charging stations and the provision of $90 million for the development of charging infrastructure are only two of the significant milestones that the project has already accomplished. ADM Group, a Chinese company, has pledged $250 million to build an electric vehicle manufacturing plant in Pakistan.

According to industry standards, the next generation of electric vehicles that are scheduled for production will be able to go up to 300 kilometers between charges. In an effort to improve environmental sustainability, the government has put new rules for EV charging infrastructure into effect.

To date, the nation’s EV industry has received $250 million in private investment thanks to SIFC’s facilitation. The national EV strategy is being implemented by the council in collaboration with the government, ushering in a new era of ecologically friendly transportation in Pakistan.

It is anticipated that switching to electric vehicles will result in significant fuel import savings and a decrease in carbon emissions, supporting international environmental activities. Standards for the expanding EV ecosystem are intended to be established by the government’s regulations governing charging infrastructure.

The project is a component of a larger plan to create environmentally friendly transportation choices in Pakistan. According to officials, the lower electricity costs for charging stations will contribute to the increased consumer accessibility of electric vehicles.

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The NAB is taking action to extradite Malik Riaz to Pakistan in the 190 million pound case: Tarar

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Property tycoon Malik Riaz has been designated a proclaimed offender, and the NAB is working to have him extradited to Pakistan, according to Information Minister Attaullah Tarar.

Speaking about the Islamabad mega-corruption case, Atta Tarar stated that the NAB had made it clear that Malik Riaz’s investments in Dubai were money laundering.

He said that Malik Riaz and his son were the targets of numerous land-grabbing and corruption charges.

The Minister continued by claiming that the misuse of funds belonging to the Pakistani government is the worst example of corruption.

According to him, the ruling in the 190 million pound case has been portrayed as corruption by the international press.

He added that there is concrete proof of 190 million pounds in corruption.

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