AIRLINK 75.40 Increased By ▲ 1.70 (2.31%)
BOP 4.91 Increased By ▲ 0.01 (0.2%)
CNERGY 4.39 Decreased By ▼ -0.13 (-2.88%)
DFML 42.79 Decreased By ▼ -2.09 (-4.66%)
DGKC 84.90 Decreased By ▼ -0.60 (-0.7%)
FCCL 21.76 Increased By ▲ 0.36 (1.68%)
FFBL 32.22 Decreased By ▼ -0.29 (-0.89%)
FFL 9.43 Decreased By ▼ -0.16 (-1.67%)
GGL 10.04 Decreased By ▼ -0.23 (-2.24%)
HASCOL 6.95 Decreased By ▼ -0.18 (-2.52%)
HBL 114.50 Decreased By ▼ -0.20 (-0.17%)
HUBC 139.25 Increased By ▲ 0.15 (0.11%)
HUMNL 12.10 Decreased By ▼ -0.32 (-2.58%)
KEL 4.96 Decreased By ▼ -0.07 (-1.39%)
KOSM 4.38 Decreased By ▼ -0.07 (-1.57%)
MLCF 37.81 Increased By ▲ 0.21 (0.56%)
OGDC 133.30 Decreased By ▼ -3.50 (-2.56%)
PAEL 25.04 Decreased By ▼ -0.35 (-1.38%)
PIBTL 6.55 Decreased By ▼ -0.14 (-2.09%)
PPL 118.45 Decreased By ▼ -2.55 (-2.11%)
PRL 26.15 Decreased By ▼ -0.44 (-1.65%)
PTC 13.65 Decreased By ▼ -0.45 (-3.19%)
SEARL 57.84 Increased By ▲ 0.54 (0.94%)
SNGP 66.66 Decreased By ▼ -1.34 (-1.97%)
SSGC 10.30 Decreased By ▼ -0.12 (-1.15%)
TELE 8.28 Decreased By ▼ -0.17 (-2.01%)
TPLP 10.77 Decreased By ▼ -0.21 (-1.91%)
TRG 62.70 Decreased By ▼ -0.64 (-1.01%)
UNITY 27.07 Increased By ▲ 0.02 (0.07%)
WTL 1.35 Decreased By ▼ -0.03 (-2.17%)
BR100 7,882 Decreased By -58.2 (-0.73%)
BR30 25,374 Decreased By -274 (-1.07%)
KSE100 75,086 Decreased By -431.7 (-0.57%)
KSE30 24,092 Decreased By -185.9 (-0.77%)

Russia's new prime minister, Mikhail Fradkov, pledged on Friday to slim down and reshuffle the government and tackle a lumbering bureaucracy that is stifling the nation's economic potential.
His pledge to streamline bloated government structures responded to calls for more effective administration by President Vladimir Putin, who nominated him earlier this week and is cruising towards re-election on March 14.
Speaking to the State Duma or lower house, which confirmed him in the top government job, Fradkov said he would form a team more compact than that of outgoing prime minister Mikhail Kasyanov, which had 24 ministers and six deputy premiers.
Fradkov, plucked from obscurity by Putin, was even more emphatic in later remarks.
"Ministries will be few. They will get more power and responsibility. Bureaucracy - I mean bad bureaucracy - will be reduced to a minimum," he said.
Fradkov's remarks set off a frenzy of speculation as to who will stay or go in the new administration, with much attention focusing on the future of liberal Finance Minister Alexander Kudrin, seen by analysts as a champion of reform.

Copyright Reuters, 2004

Comments

Comments are closed.