BR100 Increased By (0.66%)
BR30 Increased By (0.37%)
KSE100 Increased By (0.46%)
KSE30 Increased By (0.45%)
AGHA 7.78 Increased By ▲ 0.03 (0.39%)
BECO 5.20 Increased By ▲ 0.01 (0.19%)
BML 58.19 Decreased By ▼ -0.47 (-0.8%)
BOP 34.16 Increased By ▲ 0.47 (1.4%)
CNERGY 10.62 Increased By ▲ 0.01 (0.09%)
CSIL 5.43 Increased By ▲ 0.13 (2.45%)
FCCL 54.62 Increased By ▲ 0.88 (1.64%)
FFL 16.67 Increased By ▲ 0.21 (1.28%)
FNEL 1.27 Increased By ▲ 0.05 (4.1%)
KEL 7.40 Increased By ▲ 0.12 (1.65%)
KOSM 5.79 Increased By ▲ 0.15 (2.66%)
LOTCHEM 29.69 Increased By ▲ 0.04 (0.13%)
MLCF 95.25 Decreased By ▼ -1.11 (-1.15%)
NBP 203.71 Increased By ▲ 0.18 (0.09%)
NCPL 57.80 Increased By ▲ 0.95 (1.67%)
NPL 69.01 Increased By ▲ 1.70 (2.53%)
OGDC 316.51 Decreased By ▼ -1.71 (-0.54%)
PACE 10.71 Increased By ▲ 0.08 (0.75%)
PAEL 42.85 Increased By ▲ 1.08 (2.59%)
PIBTL 16.81 No Change ▼ 0.00 (0%)
PPL 220.05 Decreased By ▼ -0.12 (-0.05%)
PRL 50.80 Increased By ▲ 1.75 (3.57%)
PTC 70.62 Increased By ▲ 0.61 (0.87%)
SSGC 28.50 Decreased By ▼ -0.64 (-2.2%)
TBL 9.87 Increased By ▲ 0.10 (1.02%)
TELE 8.86 Increased By ▲ 0.04 (0.45%)
TPL 18.30 Increased By ▲ 1.13 (6.58%)
TPLP 12.89 Increased By ▲ 0.38 (3.04%)
TREET 22.65 Increased By ▲ 0.06 (0.27%)
TRG 59.92 Decreased By ▼ -0.30 (-0.5%)
By

ISLAMABAD: Prime Minister Anwaar-ul-Haq Kakar Sunday said a taskforce headed by the finance minister would determine the sizes of federal and provincial governments, to look at options to better manage pension funds, besides making efforts to rationalise public expenditure and increase revenue.

In an interview with a private television, he said, “We are convinced that there is a need to rationalise expenditure and increase the revenue of the government to create a viable state and lessen existential threats due to economic vulnerability.”

He said the Special Investment Facilitation Council (SIFC) was attempting to help achieve appropriate governance and address the reasons for ill governance in the past.

The civil institutions were lax in their working in the past but now the army leadership with its organisational strength has increased the level of confidence of civil service which has renewed energy to implement policies and achieve goals, he added.

The prime minister said the government was optimistic about investment from Saudi Arabia in the backdrop of talks between Crown Province of Saudi Arabia Mohammad Bin Salman and Pakistan’s chief of army staff.

The government was planning for a visit of the Crown Prince of Saudi Arabia, he said, adding the visit would be aimed at fully exploiting economic opportunities in the country.

Comments

Comments are closed for this article.