Finance Minister vows to resolve issues being faced by CNG sector

A delegation of All Pakistan CNG Association called on Minister for Finance and Revenue Miftah Ismail in Islamabad today (Tuesday).

The meeting discussed proposal for use of CNG as fuel for motor vehicles to reduce import bill and minimize Carbon Emission.

The delegation apprised the Finance Minister of issues faced by CNG sector in Pakistan especially related to taxes.

The Finance Minister assured the delegation that their issues will be resolved.

Source: Radio Pakistan

Govt takes steps to avoid Pakistan from facing bankruptcy: PM

Prime Minister Shehbaz Sharif says the coalition government has steered the country away from the verge of bankruptcy, and is now striving to bring prosperity through dedicated efforts.

Addressing a reception hosted by him for the parliamentarians of the ruling coalition in Islamabad, he said the coalition government will change fate of the country in its fourteen months term.

The Prime Minister said the previous government had pushed Pakistan to the verge of bankruptcy.

He said the agreement with International Monetary Fund is about to be finalised, but it contains very tough conditions.

The Prime Minister said the incumbent government has put the affluent class under direct tax and the step would bring in 200 billion rupees to the national kitty.

He said considering the inflation, the government provided relief to the poor people through Benazir Income Support Program.

He said the government also averted the crisis of edible oil by timely importing the commodity from Indonesia. He said the government is also strategizing to enhance indigenous production of edible oil.

The Prime Minister said despite a price hike in oil and gas, the government is striving to tackle the situation to meet the country’s energy needs.

Source: Radio Pakistan

Turnaround Pakistan Conference commences in Islamabad

Turnaround Pakistan Conference being hosted by Ministry of Planning and Development has commenced in Islamabad.

In a tweet on Tuesday, Prime Minister Shehbaz Sharif said this conference is an expression of our intent to encourage our best brains to deliberate on the economic challenges and share their perspectives.

He said the government is determined to get Pakistan out of economic troubles and put it on the path of stabilisation.

Source: Radio Pakistan