June 13, 2013 - AsiaNet-Pakistan

Archive for June 13th, 2013

Saudi Pak Leasing Company Limited’s board meeting

June 13, 2013 | Board Meetings

Karachi, June 13, 2013 (PPI-OT): This is to inform you that a meeting of the Board of Directors of the Company will be held on Thursday, June 20, 2013 at 11:00 hours at Saudi Pak Tower 61-A, Jinnah Avenue, Blue Area, Islamabad to consider the operating performance of the Company, for the year ending on […]

Read More

The Crescent Star Insurance Limited’s notice of the meeting of board of directors to discuss the company’s affairs

June 13, 2013 | Board Meetings

Karachi, June 13, 2013 (PPI-OT): This is to inform you that a meeting of the Board of Directors will be held on June 22, 2013 Saturday at 1 p.m. at the Company’s registered office, 2nd floor, Nadir House, I. I. Chundrigar Road, Karachi, to discuss the company’s affairs. The Company has declared the “Closed Period” […]

Read More

Fauji Fertilizer Company Limited’s acquisition

June 13, 2013 | Miscellaneous

Karachi, June 13, 2013 (PPI-OT): We would like to inform you that State Bank of Pakistan (SBP) has issued its approval for the acquisition of 71.9% of paid-up shares of Askari Bank Limited by the Consortium of Fauji Foundation (FF), Fauji Fertilizer Company Limited (FFC) and Fauji Fertilizer Bin Qasim Limited (FFBL). Individually the Consortium […]

Read More

Askari Bank Limited’s acquisition shareholding by fauji foundation consortium

June 13, 2013 | Miscellaneous

Karachi, June 13, 2013 (PPI-OT): We would like to inform you that State Bank of Pakistan (SBP) has issued its approval for the acquisition of 71.9% of paid-up shares of Askari Bank Limited (AKBL) by the Consortium of Fauji Foundation (FF), Fauji Fertilizer Company Limited (FFCL) and Fauji Fertilizer Bin Qasim Limited (FFBL). Individually the […]

Read More

United Nations Secretary General Mr. Ban Ki Moon congratulates Prime Minister and appreciates the people of Pakistan

June 13, 2013 | Government Institutions

Islamabad, June 13, 2013 (PPI-OT): The United Nations Secretary General Mr. Ban Ki Moon congratulated the Prime Minister, Mr. Mian Muhammad Nawaz Sharif, on assuming his new responsibilities as the Prime Minister of the Islamic Republic of Pakistan. The UN Secretary General welcomed the first-ever transition in Pakistan from one civilian government to another and […]

Read More

Ways to improve Liaison between Investigating Agency of Police and Prosecution

June 13, 2013 | Government Institutions

Peshawar, June 13, 2013 (PPI-OT): A meeting between Additional Inspector General Police (Investigation) and Director General Prosecution, Khyber Pakhtunkhwa was held in which Asif Zafar Cheema, Deputy Inspector General (Investigation), Noshad Ali Khan, SP (Research), Zafar Abbas Mirza, Deputy Director (Monitoring Cell), Irshadullah Afridi, Deputy Director (Legal) and Ghulam Hussain, DSP (Legal) participated. The Director […]

Read More

Chief Minister Khyber Pakhtunkhwa allocates portfolio to ministers

June 13, 2013 | Government Institutions

Peshawar, June 13, 2013 (PPI-OT): The Chief Minister Khyber Pakhtunkhwa has allocated the portfolio of Finance to Minister Sirajul Haq and the portfolio of Irrigation, Energy and Power to Minister Sikandar Hayat Khan, says a notification issued by Administration Department Government of Khyber Pakhtunkhwa. For more information, contact: Government of Khyber Pakhtunkhwa Tel: 091 921 […]

Read More

Khyber Pakhtunkhwa Finance Department to observe fiscal Discipline

June 13, 2013 | Government Institutions

Peshawar, June 13, 2013 (PPI-OT): To observe fiscal discipline and streamline the management in public accounts, the Government of Khyber Pakhtunkhwa Finance Department has approved the following measures to be strictly observed by 30th June 2013 positively. The funds placed at the disposal of Departments/Offices are expended uniformly during the current financial year and all […]

Read More

Khyber Pakhtunkhwa Minister directs commissioners, deputy commissioners and Secretary to take precautionary steps for the expected floods

June 13, 2013 | Government Institutions

Peshawar, June 13, 2013 (PPI-OT): Khyber Pakhtunkhwa Senior Minister, Sikandar Hayat Khan Sherpao on Wednesday directed the commissioners of Malakand, Peshawar divisions, deputy commissioners of Charsadda and Nowshera districts and Secretary Irrigation to remain vigilant and take precautionary steps for the expected flood. He issued these directives during telephonic conversation about reports of high floods […]

Read More

AKD Quotidian about — A relatively focused Budget!

June 13, 2013 | Brokerage

Karachi, June 13, 2013 (PPI-OT): Considering limited preparation time, the PML-N government’s FY14 Budget, delivered by Finance Minister Ishaq Oar comes across as focused on pushing through energy reforms (circular debt stock to be eliminated in 60 days) and reviving the privatization program with a view to curbing the fiscal deficit to 6.3% of GDP […]

Read More

Summary of Budget 2013-14

Islamabad, June 13, 2013 (PPI-OT): RECEIPTS – SUMMARY (Rs in million) Object Description Budget Revised Budget Code Estimates Estimates Estimates 2012-13 2012-13 2013-14 Federal Consolidated Fund (5+6-10) 2,515,357 2,026,521 2,981,829 B1 Tax Revenue Receipts 2,503,575 2,124,575 2,598,075 Direct Taxes 932,000 779,100 975,700 Indirect Taxes 1,571,575 1,345,475 1,622,375 C 2 Non-Tax Receipts 733,252 711,987 821,921 C01 […]

Read More

Text of Finance Minister Ishaq Dar’s Budget 2013-14 speech

Islamabad, June 13, 2013 (PPI-OT): Bismillahir-Rehmanir-Rahim PART-I Mr. Speaker, 1. As I rise to present the first budget of the newly elected government I want to thank Allah (SWT) for bestowing this singular honor on me. It is not a mere occasion of presenting a budget. It is marking a major transition in the country, […]

Read More