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PR No.69 Minister For Finance Called On The Prime Minister. Islamabad: December 8, 2015

Minister for Finance, Mr. Muhammad Ishaq Dar called on Prime Minister Muhammad Nawaz Sharif at PM House this morning. The Minister for Finance briefed the Prime Minister on the new Ordinance regarding Pakistan International Airlines (PIA). The Prime Minister was informed about the salient features of the new PIA company law partnership, which includes job protection of all employees of PIA, insulating PIA from bureaucratic control and to run it on an autonomous corporate model like OGDCL etc.

As per the directions of the Prime Minister, no employee of PIA will be laid off. The Minister for Finance apprised the Prime Minister that the government is totally focussed on the rehabilitation of Temporarily Displaced Persons (TDP’s) who have offered sacrifices, after the successful launch of operation Zarb-e-Azab. The Prime Minister directed that all resources shall be made available for prompt and honourable rehabilitation of TDPs. The Minister for Finance informed the Prime Minister that out of the Rs 40 billion revenue proposed to be generated through regulatory duty on luxury items, Rs. 27 Billion shall be allocated to Provinces.

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