Finance Minister Abdul Hafeez Sheikh, and Petroleum Minister Asim Hussain separately called on Prime Minister Yousuf Raza Gilani on Friday. The Finance Minister informed the PM about tax collection of Rs 640 billion in five months of the current financial year. It reflected 28 percent increase in the tax collection as compared to the corresponding period of last financial year.
Hafeez briefed the Prime Minister about the new mechanism formulated by the Cabinet Committee regarding restructuring of the public sector enterprises to make these organisations viable commercial entities by introducing corporate culture in them. Asim briefed the Prime Minister about the steps taken by his Ministry regarding supply of oil and gas to IPPs, domestic and industrial sectors during the rest of the winter season.-PR