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NEC approves Rs2.5 trillion national development budget

Lahore : The National Economic Council (NEC) approved country’s consolidated development budget of Rs 2.5 trillion for the upcoming financial year (2017-18), showing highest-ever increase in the overall national outlay. This included Rs 1001 billion Federal Public Sector Development Programme (PSDP), Rs 1112 billion provincial PSDP while Rs400 would be spent by various ... Read More »

Punjab Cabinet approves new 1200 megawatt gas based power plant

Lahore : An important meeting of the Provincial Cabinet was held here today in the chair of Chief Minister Punjab Muhammad Shahbaz Sharif. The meeting accorded approval to the setting up of new 1200 megawatt gas based power plant in the province. The meeting also approved the establishment of safe ... Read More »

CM approves Punjab University Medical College

Lahore : Punjab Chief Minister Mian Shahbaz Sharif has approved establishment of Punjab University Medical College and has announced to provide funds for establishment of 4 hostels and Rs 50 million to promote research activities in the university. In this regard, PU Vice Chancellor Prof Dr Zafar Mueen Nasir called ... Read More »

The federal cabinet approves of the recommendations of the FATA Reforms Committee

Lahore : Prime Minister, Muhammad Nawaz Sharif Thursday said it was a collective responsibility of federal government and provinces to come forward for development and mainstreaming of FATA (Federally Administered Tribal Areas), Azad Jammu and Kashmir and Gilgit Baltistan. “Pakistan belongs to every Pakistani and all areas of the country should have equal rights and ... Read More »

Punjab Assembly approves amendments in Provincial Motor Vehicle Ordinance 1965

Lahore : The Punjab Assembly has unanimously approved amendments in Provincial Motor Vehicle Ordinance 1965. Senior Member Special Monitoring Unit on Law & Order Salman Sufi informed that two bills pertaining to reforms were presented in the Assembly for the final vote today. He said that Chief Minister had approved ... Read More »

CCLC approves Right of Access to Information Bill – 2016

Lahore : The Standing Committee of the Cabinet for Disposal of Legislative Cases (CCLC) in a meeting on Friday approved the draft to Right of Access to Information Bill – 2016. The meeting was chaired by Federal Minister for Law Justice and Human Rights Zahid Hamid and attended by Advisor ... Read More »

Punjab University Syndicate approves Rs 7.727 budget

Lahore: Punjab University Syndicate meeting, presided over by Vice Chancellor Prof Dr Mujahid Kamran, on Saturday approved Rs 7.727 billion budget for the year 2016-17. The university expects a total grant of Rs 2.445 billion from Higher Education Commission, 33 percent of the total budget. To encourage research activities, the ... Read More »

Punjab Cabinet approves the budget for the year 2016-17

Lahore: Punjab Chief Minister Muhammad Shahbaz Sharif presided over a meeting of provincial cabinet, here today, which gave approval to the budget for the year 2016-17. Finance Bill 2016, revised estimates for the fiscal year 2015-16 and supplementary budget 2015-16 were also approved in the meeting. Performance of ministers of ... Read More »

Federal Cabinet approves budget 2016-17 proposals

Lahore: The Federal Cabinet on Monday approved budget and taxation proposals for the budget of fiscal year 2016-17. Prime Minister Muhammad Nawaz Sharif, through a video conference from Pakistan High Commission in London, presided over the cabinet meeting, held here at the PM’s Secretariat. The budget papers were signed by ... Read More »

PTA approves Mobilink’s merger with Warid

Lahore: The Pakistan Telecommunication Authority (“PTA”) has today approved the merger of Pakistan Mobile Communication Limited (“Mobilink”) and Warid Telecom (Private) Limited (“Warid”)*. This is yet another milestone in the regulatory process and follows the approval granted in March, 2016 by the Competition Commission of Pakistan. The deal remains subject to further regulatory approvals ... Read More »

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