Prime Minister Shahid Khaqan Abbasi today
chaired a meeting of the Federal Cabinet at the Prime Minister’s Office.
Following decisions were taken during
the meeting:-
The
Federal Cabinet allowed the State Bank of Pakistan to acquire shares of ZTBL
and HBFCL. The arrangement would settle the loans owed to SBP by ZTBL and
HBFCL. The Combined Financial Statements of the Federation, all Provincial
Governments and District authorities for the years 2010-2011 to 2013-2014 were
also placed before the Federal Cabinet for perusal.
The
Cabinet approved a proposal for issuance of 50,000 pieces of commemorative
coins of Rs. 50 in honor of Dr. Ruth Pfau. The Federal Cabinet approved a
proposal to replace Ms. Faryal Jooma with Mr. Haq Nawaz as one of the members
of the Board of Directors of PIACL. Appointment of Director Industrial and
Commercial Relations (DICR) in Pakistan Ordinance Factories Board was approved
by the Cabinet. The Federal Cabinet agreed to a proposal to
appoint Mr. Nawaz Raza, Chief Reporter Nawaiwaqt and Mr. Sarmad Ali,
Managing Director Jang as private members of the Board of Directors of
Associated Press of Pakistan Corporation.
Appointment
of four officers of Inland Revenue Service as Accountant Members in the
Appellate Tribunal Inland Revenue was also approved. The Cabinet approved the
appointment of Mr. Muhammad Azam as Director General Hydrocarbon Development
Institute of Pakistan (HDIP) for a term of three years.
Proposals
submitted by Ministry of National Health Services, Regulations &
Coordination regarding maximum retail prices of drugs were approved in
principle. Proposal of the Ministry of Education and Professional Training to
sign a Memorandum of Understanding in the field of Technical and Vocational
Training between the Government of Algeria and the Government of Pakistan was
also approved.
The
Cabinet approved the appointment of Rear Admiral Jamil Akhtar, HI (M) as
Chairman Karachi Port Trust (KPT) for a period of three years.
The
Cabinet approved appointment of Mr. Naeem Y. Zamindar as the Chairman of Board
of Investment.
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