BAFL 45.66 Increased By ▲ 0.56 (1.24%)
BIPL 20.08 Decreased By ▼ -0.17 (-0.84%)
BOP 5.34 Decreased By ▼ -0.06 (-1.11%)
CNERGY 4.54 Increased By ▲ 0.01 (0.22%)
DFML 16.01 Increased By ▲ 0.33 (2.1%)
DGKC 78.62 Increased By ▲ 5.74 (7.88%)
FABL 27.80 Increased By ▲ 0.65 (2.39%)
FCCL 18.86 Increased By ▲ 1.21 (6.86%)
FFL 8.96 Decreased By ▼ -0.13 (-1.43%)
GGL 12.85 Increased By ▲ 0.21 (1.66%)
HBL 111.54 Increased By ▲ 0.88 (0.8%)
HUBC 122.23 Increased By ▲ 0.71 (0.58%)
HUMNL 7.69 Increased By ▲ 0.34 (4.63%)
KEL 3.29 Increased By ▲ 0.06 (1.86%)
LOTCHEM 27.80 Increased By ▲ 0.48 (1.76%)
MLCF 42.36 Increased By ▲ 3.03 (7.7%)
OGDC 110.37 Increased By ▲ 2.37 (2.19%)
PAEL 18.97 Increased By ▲ 1.41 (8.03%)
PIBTL 5.46 No Change ▼ 0.00 (0%)
PIOC 114.91 Increased By ▲ 6.91 (6.4%)
PPL 94.72 Increased By ▲ 2.97 (3.24%)
PRL 25.32 Increased By ▲ 0.44 (1.77%)
SILK 1.10 Increased By ▲ 0.02 (1.85%)
SNGP 64.32 Increased By ▲ 1.22 (1.93%)
SSGC 12.26 Increased By ▲ 0.37 (3.11%)
TELE 8.36 Increased By ▲ 0.17 (2.08%)
TPLP 13.35 Increased By ▲ 0.24 (1.83%)
TRG 83.84 Increased By ▲ 2.23 (2.73%)
UNITY 25.89 Increased By ▲ 0.14 (0.54%)
WTL 1.54 Increased By ▲ 0.02 (1.32%)
BR100 6,308 Increased By 126.6 (2.05%)
BR30 21,973 Increased By 434.1 (2.02%)
KSE100 61,691 Increased By 1160 (1.92%)
KSE30 20,555 Increased By 366.1 (1.81%)

ISLAMABAD: The federal cabinet was briefed about the salient features of the $3 billion deal with International Monetary Fund (IMF) here on Monday.

While chairing the cabinet meeting here, Prime Minister Shehbaz Sharif said Pakistan was thankful to friendly countries including China, Saudi Arabia, United Arab Emirates, Islamic Development Bank and Managing Director International Monetary Fund (IMF).

The PM said a comprehensive solid waste management system for Islamabad Capital Territory should be introduced. He instructed that under the solid waste management programme responsibility should be given to companies who had experience in disposing off harmful and toxic waste in hospitals in Islamabad.

PM sees IMF deal materialising this month

The cabinet in principle approved sending of Islamabad Capital Territory Solid Waste bill to the Cabinet Committee for Legislative Cases (CCLC). The cabinet was given detailed briefing about the solid waste management in Islamabad.

It was informed under this project, two strategies would be formulated. Under a short term policy, waste collection had started from Islamabad including the suburban areas, while under the long-term policy tenders had been issued to hire services of high standard international companies. The prime minister sough details of incinerators for disposing off waste in hospitals in Islamabad.

On the recommendation of Ministry of Commerce, the cabinet allowed transit of a container of spare parts of vehicles from Karachi to Kabul. The spares parts would be for vehicles of World Food Programme which was continuing its operation to provide food to Afghanistan.

On the recommendation of Ministry of Federal Education and Professional Training, the cabinet approved in principle the Higher Education Commission Amendment Bill 2023. The approval of the amendment bill would bring innovation in the system of higher education according to the requirements of present era.

On the recommendation of the education ministry, the cabinet also sanctioned Federal Urdu University for Arts, Science and Technology Amendment Bill 2023. The amendment would bring reforms in the university and promote research.

On the recommendation of the education ministry, it also approved National Commission for Human Development amendment ordinance 2002. The drafts of these laws will be presented in the CCLC.

The cabinet also sanctioned sending of the Private Security Services Regulatory Bill to the CCLC. Under this bill, a Private Security Services Regulatory Authority would be established to oversee the security system.

The cabinet also approved legislation for establishing Pakistan Land Port Authority, however it directed that after consultation with the Ministry of Commerce the draft legislation should be sent to CCLC.

Copyright Business Recorder, 2023

Comments

Comments are closed.

Tulukan Mairandi Jul 04, 2023 09:46am
No jihadi funding, no tax holidays, no amnesty, no extra military spending, SBP autonomy, Ishaq Dar to issue written apology to IMF, amongst others
thumb_up Recommended (0)
Faiz Jul 04, 2023 12:31pm
Elevated crook compliments of crook apoliticals!
thumb_up Recommended (0)

Cabinet briefed about salient features of IMF deal

Honour climate financing, PM asks developed world

CJP’s office says he’s ‘fully cognizant of his constitutional duties’

Expenditures: Higher mark-up payments may put big pressure: MoF

New regulatory safeguards placed to protect investors: SECP chief

BIT template issue settled: Crucial FTA with GCC finalised

David Warner included in settled Australia squad for first Pakistan Test

‘ACSR bunting conductor issue’ Senate Secretariat withdraws letter of Senator Abro

Water supply project: Sindh govt signs Rs51.6bn contract with Kuwaiti firm

Trump calls on supporters to 'guard the vote' in Democratic-run US cities

One dead, two injured after man attacks tourists near Paris' Eiffel Tower