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Minister for Finance and Revenue chaired the meeting of ECC

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Federal Minister for Finance and Revenue Mr. Shaukat Tarin presided over Economic Coordination Committee (ECC) of the Cabinet, today.Federal Minister for National Food Security and Research Syed Fakhar Imam, Federal Minister for Energy Mr. Hammad Azhar, Federal Minister for Privatization Muhammedmian Soomro, Adviser to the PM on Commerce and Investment Abdul Razak Dawood, Federal Secretaries and senior officers attended the meeting.
Ministry of Commerce submitted revised Textiles and Apparel Policy, 2020-25 after incorporating few changes along-with implementation report. The ECC after deliberation approved the policy with certain amendments.

ECC discussed in details and approved summary submitted by Ministry of Communication for issuance of sovereign guarantee or SBLC worth of Rs. 6944.0 million against Operational Viability Gap Funding (VGF) for the construction of Sialkot (Sambrial) – Kharian Motorway project on BOT basis.

Ministry of Energy, Petroleum Division submitted a summary on 15 years’ extension of lease contract between Saindak Metals Limited and MCC China for Saindak Copper Gold Project. ECC after detailed discussion allowed the extension of lease contract and recommended to review financial aspect of the project annually by the professional expertises.

The ECC also approved Ministry of Energy, Petroleum Division’s summary on determination of RLNG sale price for PLL’s supply to K-Electric (KE).On another summary of Ministry of Energy, Petroleum Division, for revision of gas price of Mazarani Gas field held by M/s PPL and GHPL, the ECC approved the proposal of revision of gas price applicable to Mazarani Gas Field from US$ 1.75/MMBTU to US$ 3.75MMBTU from 1st September 2021.

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The ECC also considered and approved Technical Supplementary Grants submitted by different Ministries/Divisions.The ECC deferred Power Division’s two summaries on Settlement of Payables to Government Owned Power Plants and Reinstatement of Tax on dividend for investors/shareholders of IPPs.

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[…] Federal Minister for Finance and Revenue Mr. Shaukat Tarin presided over Economic Coordination Committee (ECC) of the Cabinet, today.Federal Minister for National Food Security and Research Syed Fakhar Imam, Federal Minister for Energy Mr. Hammad Azhar, Federal Minister for Privatization Muhammedmian Soomro, Adviser to the PM on Commerce and Investment Abdul Razak Dawood, Federal Secretaries […]  […]

Press Release

President Dr Arif Alvi Stresses for collective national efforts for the realisation of the vision of Quaid-e-Azam Muhammad Ali Jinnah 

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President Dr Arif Alvi has said that collective national efforts must be made for the realisation of the vision of Quaid-e-Azam Muhammad Ali Jinnah to make Pakistan an Islamic welfare state. He urged the need to disseminate information about the struggles and sacrifices of great leaders of the Pakistan movement so as to educate the younger generations about the ideology of Pakistan.

The President made these remarks while talking to the members of the Executive Committee of Nazriya Pakistan Council (Trust), who called on him, at Aiwan-e-Sadr, today. Chairman Nazriya Pakistan Council (NPC), Mian Muhammad Javed, briefed the President that the major aim and objective of the Trust was to spread the message of patriotism and the teachings of Islam.

He highlighted that the Trust was undertaking awareness activities throughout the country by holding debates, discussions and symposia about issues and problems confronting Pakistan. The President appreciated the efforts of the Trust in highlighting the ideology of Pakistan and inculcating the spirit of patriotism in the younger generation.

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FOREIGN MINISTER RECEIVES TELEPHONE CALL FROM GERMAN FOREIGN MINISTER

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Foreign Minister Makhdoom Shah Mahmood Qureshi received a telephone call from Annalena Baerbock, Minister for Foreign Affairs of Germany, today. The two Ministers exchanged views on bilateral relations as well as important regional issues. Foreign Minister Qureshi congratulated his German counterpart on recently assuming her office. He stated that Germany was a valued, longstanding partner of Pakistan and Pakistan was committed to further enhancing bilateral relations in all dimensions, particularly in the fields of trade and investment,energy, climate change, radicalization etc.

Discussing Afghanistan, the Foreign Minister reaffirmed Pakistan’s resolve in supporting the international community in its efforts to strengthen peace and stability in Afghanistan. He also highlighted Pakistan’s role in evacuation operations from Afghanistan. The Foreign Minister informed that Pakistan had so far facilitated over 90,000 evacuations.

The urgent need was to avert a humanitarian crisis and economic meltdown in Afghanistan, which will adversely impact stability in the region and beyond. The two Foreign Ministers exchanged views on the situation in Ukraine. The Foreign Minister Qureshi briefed his German counterpart on the grave human rights violations being committed by India after its illegal, unilateral action of 5 August 2019.

Foreign Minister Annalena Baerbock appreciated Pakistan’s assistance in its evacuation operations from Afghanistan and hoped for Pakistan’s continued support in this regard. Foreign Minister invited German Foreign Minister to visit Pakistan at the earliest convenience. He added that her visit would be helpful in preparing for the Prime Minister’s visit to Germany.

Pakistan and Germany have maintained a good trajectory of bilateral relations and remain committed to further enhance our cooperation. The two countries celebrated 70 years of establishment of diplomatic relations in 2021.

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Pakistan

Fakhar Zaman’s whirlwind 66 sets up Qalandars victory

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Haider Ali’s enterprising 49 and Kamran Akmal’s attacking 41 not enough as Zalmi fall short in 200 chase

Lahore Qalandars 199 for 4 (Fakhar 66, Shafique 41, Irshad 2-47) beat Peshawar Zalmi 170 for 9 (Haider 49, Akmal 41, Zaman 3-32) by 29 runsHaider Ali’s enterprising 49 and Kamran Akmal’s attacking 41 weren’t enough for Peshawar Zalmi, as a whirlwind knock of 66 by Fakhar Zaman helped Lahore Qalandars to a 20-run win.

After Shaheen Afridi bowled Hazratullah Zazai off the third ball of the 200 chase with no run on the board, Akmal and Hussain Talat added 62 as Akmal went for the boundaries while Talat struggled to get going. But Zaman Khan got them both off back-to-back balls in the ninth over, first having Talat caught at deep midwicket before getting Akmal to chop on to his stumps.Akmal’s 41 came off 24 deliveries, including 4, 4 and 6 off successive balls in the fifth over against Rashid Khan, while Talat couldn’t make the most of three drops to limp to 15 from 24 deliveries.

But after Akmal fell, Haider ensured Zalmi didn’t lose the momentum, getting off to a rapid start after himself being dropped. With Mailk also gone and the required run rate up to nearly 15 with seven overs remaining, Rutherford also targeted Rashid, cracking 6, 4 and 4 off consecutive deliveries. However, Zaman Khan dismissed Rutherford for 21 from 11 balls, and despite Haider’s effort, Zalmi were left with too much to do in the end, as David Wiese nearly had a hat-trick for Qalandars with DRS reversing the umpire’s initial out verdict.

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And with the bat, Qalandars were set up by an aggressive 94-run opening stand between Fakhar Zaman and Abdullah Shafique. Initially, Fakhar Zaman was the one who went after the bowlers, scoring 26 off his first 13 balls after four overs. Shafique then upped the tempo, slamming Arish Ali for 6 and 4 off the first two balls of the next over.

At least one boundary was hit every over until Usman Qadir got Shafique for 41 off the last ball of the ninth to break the partnership.But Fakhar Zaman pumped Qadir for two more boundaries – the ball drooping off Haider’s fingers at deep square leg facilitated the six – before Talat got him for 66 in the 13th over. That is when Mohammad Hafeez, Kamran Ghulam and Rashid combined to provide the finishing touches to Qalandars’ innings, as they crashed 82 off the final seven overs, with Rashid hitting three sixes in an unbeaten eight-ball 22.

Via espncricinfo

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