Day: June 30, 2024

Finance Minister Muhammad Aurangzeb says government is introducing pragmatic reforms in different sectors to accelerate economic growth and development. Addressing a news conference in Islamabad today, he said work on digitization in FBR has been started and reforms in energy and petroleum sectors are also being introduced. The Finance Minister said FBR has achieved eighty percent growth in revenue collections. He said prudent policies and steps taken by the government have resulted in restoration of confidence of international institutions and improved economic conditions. He said registration for retailers will be started tomorrow while sixty two thousand traders have already been registered. The Finance Minister said World Bank has approved one billion dollars financing for Dasu dam. He said tax to GDP ratio will be increased to thirteen percent in next three years to ensure sustainable economic growth. The Finance Minister said government is encouraging public-private partnership to reduce public ex penditures and increase private sector participation. He said there will be no delay in payment of the Sales Tax Refund claims of the exporters and all the payments will be cleared in next two or three days. Source: Radio Pakistan

International Asteroid Day is being observed across the globe today. The day is observed to raise public awareness about the threat posed by near-Earth objects like asteroids or comets to the earth and its population. In December 2016 the United Nations General Assembly adopted a resolution, declaring 30th June as International Asteroid Day. Source: Radio Pakistan

Chief Minister Khyber Pakhtunkhwa Ali Amin Gandapur says the government has launched a number of development projects across the province to improve the socio-economic condition of the general public. Talking to a delegation of the World Bank led by Country Director Najy Benhassine in Peshawar, he said provincial government greatly values the financial assistance provided by the World Bank for the welfare of the people of Khyber Pakhtunkhwa. Ali Amin Gandapur said the government is considering launching Education Card for students on the pattern of health card in the province. They also discussed the extension of partnership in diverse fields including education, health, agriculture, minerals, tourism, green energy roads and infrastructure. Source: Radio Pakistan

President Asif Ali Zardari has accorded his approval to Finance Bill 2024 on advice of the Prime Minister under Article 75 of the Constitution. According to the press release issued by the President Secretariat, the Finance Bill will be effective from tomorrow. On June 28, the National Assembly passed the Finance Bill, 2024 with certain amendments, adopting the financial proposals for the fiscal year beginning on July 01, 2024. Source: Radio Pakistan

National Assembly's Standing Committee on Information Technology and Telecommunication has unanimously elected Syed Amin ul Haq, MNA as its Chairman. The election was held during meeting of the standing committee in Islamabad. Similarly, the Standing Committee on Commerce unanimously elected Muhammad Jawed Hanif Khan as its chairman while the Standing Committees on Privatization, and Industries and Production unanimously elected MNAs Dr Muhammad Farooq Sattar and Syed Hafeezuddin respectively as chairmen. Source: Radio Pakistan

The AJK Legislative Assembly in its session held in Muzaffarabad today approved the budget for the fiscal year 2024-25. All thirty-two demands for grants of expenses for next financial year relating to different departments amounting to 264.3 billion rupees have been approved already in addition to 32 demands for grants of the revised estimates of fiscal year 2023-24. Finance minister Abdul Majid Khan congratulated the members and thanked the federal government for enhancing assistance of the AJK to 73.9 billion for the next year. Source: Radio Pakistan

Punjab government has started registration of representatives being engaged for "Maryam Ki Dastak" program. In a statement, Punjab Chief Minister Maryam Nawaz Sharif said the scope of program will be gradually expanded to all districts by the end of year. She said working to increase services of the program from ten to sixty-five has been initiated. She said the public will have access to all services from their homes. Source: Radio Pakistan