PR No. 167 FINANCE DIVISION SPOKESMAN CLARIFIES NEWS REPORT Islamabad: 20 January 2018

The spokesman of the Finance Division said here that the news report in a section of press, alleging that CCP Chairman, Members' Appointment was made without Cabinet Division’s Approval was completely incorrect. The spokesman, giving the factual position said that Federal Cabinet in its decision of February 7, 2017 had delegated Federal Govt’s Power of Appointment to the Finance Minister with the concurrence of the Prime Minister whereby Finance Minister and Prime Minister can appoint CEOs of corporations, statutory bodies, autonomous and semi autonomous bodies attached with the Finance Division. In view thereof, CCP, Chairperson and members have been appointed / reappointed in line with the decision of the Federal Cabinet, the spokesman said.

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