AIRLINK 81.10 Increased By ▲ 2.55 (3.25%)
BOP 4.82 Increased By ▲ 0.05 (1.05%)
CNERGY 4.09 Decreased By ▼ -0.07 (-1.68%)
DFML 37.98 Decreased By ▼ -1.31 (-3.33%)
DGKC 93.00 Decreased By ▼ -2.65 (-2.77%)
FCCL 23.84 Decreased By ▼ -0.32 (-1.32%)
FFBL 32.00 Decreased By ▼ -0.77 (-2.35%)
FFL 9.24 Decreased By ▼ -0.13 (-1.39%)
GGL 10.06 Decreased By ▼ -0.09 (-0.89%)
HASCOL 6.65 Increased By ▲ 0.11 (1.68%)
HBL 113.00 Increased By ▲ 3.50 (3.2%)
HUBC 145.70 Increased By ▲ 0.69 (0.48%)
HUMNL 10.54 Decreased By ▼ -0.19 (-1.77%)
KEL 4.62 Decreased By ▼ -0.11 (-2.33%)
KOSM 4.12 Decreased By ▼ -0.14 (-3.29%)
MLCF 38.25 Decreased By ▼ -1.15 (-2.92%)
OGDC 131.70 Increased By ▲ 2.45 (1.9%)
PAEL 24.89 Decreased By ▼ -0.98 (-3.79%)
PIBTL 6.25 Decreased By ▼ -0.09 (-1.42%)
PPL 120.00 Decreased By ▼ -2.70 (-2.2%)
PRL 23.90 Decreased By ▼ -0.45 (-1.85%)
PTC 12.10 Decreased By ▼ -0.89 (-6.85%)
SEARL 59.95 Decreased By ▼ -1.23 (-2.01%)
SNGP 65.50 Increased By ▲ 0.30 (0.46%)
SSGC 10.15 Increased By ▲ 0.26 (2.63%)
TELE 7.85 Decreased By ▼ -0.01 (-0.13%)
TPLP 9.87 Increased By ▲ 0.02 (0.2%)
TRG 64.45 Decreased By ▼ -0.05 (-0.08%)
UNITY 26.90 Decreased By ▼ -0.09 (-0.33%)
WTL 1.33 Increased By ▲ 0.01 (0.76%)
BR100 8,052 Increased By 75.9 (0.95%)
BR30 25,581 Decreased By -21.4 (-0.08%)
KSE100 76,707 Increased By 498.6 (0.65%)
KSE30 24,698 Increased By 260.2 (1.06%)

Finance Minister Ishaq Dar on Friday informed the Senate the government had no plan to cut development funds of parliamentarians to narrow the difference between official earnings and expenditures.
"We don't have any such intention," the minister said in the upper house as he categorically denied a media report suggesting that his ministry had sent such a summary to the prime minister secretariat.
Prime Minister Yousuf Raza Gilani last month promised to double annual funds for MPs from existing Rs 5 million a year. "It's unfounded news. The premier's announcement will be implemented," the minister added. Dar has of late been saying that the government is facing a very tight fiscal situation and looking to cut corners for savings. Putting a cut on funds allocated for parliamentarians' funds is thought to be one of such corners.
Oath-taking: Earlier, two new senators - one each from NWFP and Balochistan - took oath. Haji Muhammad Adeel of Awami National Party (ANP) from NWFP has joined the upper house on the seat vacated by his group's chief Asfandyar Wali Khan. Khan has become a National Assembly member now.
Maulana Abdul Ghafoor Haidri, the vice chief of Jamiat Ulamae Islam-Fazl (JUI-F) from Balochistan, replaces Senator Sarwar Kakar, who won the provincial assembly seat but later died. Haji complained of his province being nameless and hoped new government would take a decision in this regard. "Certainly, a day will come when this house give my province a name," he said immediately after taking oath.
Adeel's ANP has long been struggling for renaming NWFP as Pukhtoonkhawa. Ghafoor said Islam was the only system that could ensure equal rights for smaller province and transform Pakistan into a welfare state.

Copyright Business Recorder, 2008

Comments

Comments are closed.