July 14, 2021
ISLAMABAD: Finance Minister Shaukat Tarin believes NAB Law will have to be amended, and some developments in this regard are taking place in the next few weeks.
Talking in Geo News programme ‘Aaj Shahzeb Khanzada Kay Sath’ on Tuesday, he said bureaucracy was not performing well due to the fear of accountability watchdog. He said that earlier LNG was imported from Qatar at 13.7% above the Brent rate, and later on at 10.4% above the Brent rate. Despite such a lower import rate, NAB had summoned the files of the agreement.
The minister admitted that the import bill was going up due to increase in oil prices and import of machinery. He said the import bill was expected to reach $5-6 billion if we showed growth.
Shaukat Tarin says work underway to amend NAB laws
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Wednesday Jul 14, 2021
Minister says bureaucracy not performing up to the mark due to fear of NAB.
China biggest opportunity for Pakistan, says minister.
Finance Minister Shaukat Tarin said Tuesday he was not sure whether the current account would remain in surplus next year as well or not, as he spoke in depth about the country s economic situation.
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The finance minister was a guest on the Geo News programme
Aaj Shahzeb Khanzada Kay Saath where he revealed that the NAB law will be amended in the next few weeks.
Current account may not be in surplus next year: Shaukat Tarin dailytimes.com.pk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailytimes.com.pk Daily Mail and Mail on Sunday newspapers.
July 13, 2021
ISLAMABAD: Pakistan and China have so far remained unable to narrow down their differences over estimated cost of much-awaited construction of Mainline-1 (ML-1) rail line from Karachi to Peshawar, however, this multibillion-dollar project will be part of agenda of upcoming Joint Coordination Committee (JCC) meeting.
The JCC, under China Pakistan Economic Corridor (CPEC), is scheduled to hold a virtual meeting on July 16, 2021 and financing of ML-1 will be part of the agenda of the meeting.
Pakistan’s approving forums, including Central Development Working Party (CDWP) and Executive Committee of National Economic Council (ECNEC), had granted approval of ML-1 at estimated cost of $7.2 billion, however, the Chinese side had worked out its cost hovering over $9.2 to $9.5 billion, indicating that there was a gap of over $2 billion in the estimation cost of this seven to eight years project.
July 13, 2021
ISLAMABAD: Pakistan and China have so far remained unable to narrow down their differences over estimated cost of much-awaited construction of Mainline-1 (ML-1) rail line from Karachi to Peshawar, however, this multibillion-dollar project will be part of agenda of upcoming Joint Coordination Committee (JCC) meeting.
The JCC, under China Pakistan Economic Corridor (CPEC), is scheduled to hold a virtual meeting on July 16, 2021 and financing of ML-1 will be part of the agenda of the meeting.
Pakistan’s approving forums, including Central Development Working Party (CDWP) and Executive Committee of National Economic Council (ECNEC), had granted approval of ML-1 at estimated cost of $7.2 billion, however, the Chinese side had worked out its cost hovering over $9.2 to $9.5 billion, indicating that there was a gap of over $2 billion in the estimation cost of this seven to eight years project.