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GSP Plus: effect of death moratorium discussed

10th Cabinet Committee meeting on GSP Plus, chaired by Minister for Industries Chaudhry Muhammad Shafique, was held at the Civil Secretariat. The aim of the meeting was to discuss the initiatives taken by different departments pertaining to the 27 conventions and to formulate a mutually acceptable way forward. Among the notables were Raja Ashfaq Sarwar, Minister Labour and Human Rights, Member National Assembly, Makhdoom Khusro Bakhtiar, secretaries of concerned departments and Punjab Board of Investment and Trade (PBIT) officials.

PBIT being the focal body for GSP Plus at provincial level convened the meeting. Mohammad Ilyas Ghauri, Chief Executive Officer PBIT welcomed the participants and commenced the meeting with a brief overview of the agendas to be discussed. The decisions taken in the 9th Cabinet Committee meeting were highlighted with current progress regarding their implementation.

The committee members were informed about the decision taken by the federal government to lift the ban on death moratorium. It was also stated that this step was taken after due consideration after the Peshawar tragedy where hundreds of innocent school children were killed ruthlessly by a terrorist group. A brief presentation regarding GSP Media Cell Strategy was made where ways to build and promote the positive image of the country internationally, along with the impediments faced were emphasised.

Copyright Business Recorder, 2015


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Banking Review 2014

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-2.378 bln
Exports $2.016 bln
Imports $4.394 bln
WeeklyJuly 23, 2015
Reserves $18.677 bln