Mba In Entrepreneurship

NPMC also discussed sugar prices in the country and directed Ministry of Industries and Production to expedite the process for building strategic reserves of sugar in the country and maintain stability in prices. The meeting also discussed Fertilizer situation in the country and directed Ministry of NFS&R to formulate strategy in consultation with provincial governments for giving adequate relief to the growers. The meeting expressed satisfaction on availability of daily commodities in Sastaa Bazars on discounted prices. Federal Minister for Privatization Muhammadmian Soomro, Chairman Privatization Commission, Secretary Finance and other senior officers participated in the meeting. Finance Minister Mr. Shukat Tarin highlighted long relationship of ADB with Pakistan and appreciated the role of ADB in extending support to Pakistan during testing times.

Most feasible and pragmatic initiatives have been screened out by the committee members for dealing with inflationary pressure and recommended for further consideration. The Charge de Affaires, in his remarks, shared that Libyan government is aiming at enhancing the bilateral ties especially between businessmen of both the countries. NPMC was also briefed on the prices of Pulses in the country, NPMC was informed that there was stability in Moong prices and witnessed less prices as compared to its prices in the last year.

Finance Minister Shaukat Tarin appreciated the efforts of KP Finance Minister and ensured full support and cooperation of the federal government. Geographically located at the tripod of three provinces, Rahim Yar Khan is linked by road, rail and airways with rest of the country. State of the art international airport of RYK serves as a strategic link of the city with national and international markets. Availability of decent facilities for road travel, rail network and goods transport & logistic network adds the importance of this city in communication.

Askari Bank Selects Finastra To Power Its Trade Finance Business

To meet the said working capital requirement Meezan Bank has complete range of products. Under National Financial Inclusion Strategy and strategic direction of SBP, SME sector has been identified as one of the key priority areas. In line with the strategic direction of SBP, key benchmarks to be achieved by 2020 are i) to increase SME share from existing 8 percent of private sector credit to 17 percent and ii) to increase number of borrowers from existing 174,000 to 500,000. Through this corporate arrangement, HBFC will facilitate the employees of Salaam Takaful Limited to avail housing finance facility across Pakistan on preferential terms & conditions. Through this corporate arrangement, HBFC will facilitate the employees of IGI Life to avail housing finance facility across Pakistan on preferential terms & conditions.

NPMC also discussed sugar prices in the country and was apprised that a slight decrease in the sugar prices have been witnessed in the last week. Further, the Chair directed Ministry of Industries and Production to expedite the process for building strategic reserves of sugar in the country to maintain stability in prices. On the prices of wheat flour, NPMC was informed that Wheat Flour prices in Quetta remained on higher side as compared to other parts of the country.

The Finance Minister heard all issues keenly and asked SBP and FBR to resolve their issues on priority basis. Chairman APBUMA briefed the Finance Minister on the working of APBUMA and informed that as member wise it is the largest association of SMEs in the country. This sector is one of the major contributors in terms of exports and contributing up to $2 billion in the revenue. He further apprised that the association is currently facing various problems especially related to sales tax refund and liquidity crunch.

Saadiq Saver Plus Account

Economic Adviser Finance Division briefed the NPMC about weekly SPI which witnessed decrease by 0.06% as compared to previous week which was 0.43%. 33 food items contributed increase of 0.05%, whereas 18 non-food items contributed decrease of 0.11% to the SPI. NPMC was informed that there is decline in SPI for third time since December 31st, 2021. Secretary Ministry of I & P updated the meeting on strategy to ensure fair prices of edible oil in market in coordination with provincial authorities against the edible oil manufacturers for undue price escalation. The Chair further directed Ministry of Industries and Production to work out pattern of demand and supply of different varities & brands of edible oil and take corrective measures to control undue price hike. Economic Adviser Finance Division briefed the NPMC about weekly SPI which witnessed increase by 1.35% as compared to previous week which was decline of 0.11%.

Mr. Hatem Dowidar, CEO Etisalat reaffirmed to have evaluation of properties completed soon and expressed readiness to further invest in IT and Telecom sector in Pakistan. Both sides agreed to proceed ahead for resolution of all outstanding issues between Etisalat and the Privatization Commission in a spirit of goodwill. The Chair also observed hike in the price of milk in Sindh province and directed provincial authorities to take appropriate measures to ensure stability in the price of milk. The Ministry of Industries and Production submitted a summary on grant of arrival/priority berthing of TCP’s Urea vessels at Karachi Port Trust . Considering the urgent requirement of Urea in the country, the ECC approved the proposal.

The meeting also addressed operational issues arising in the easy access and disbursement process of loans and also discussed provision of linking Kamyab Kissan Programme with crop cycle. Government of Pakistan and People’s Republic of China have strong economic ties spanning over the last many decades. The ongoing financing facilities include SAFE deposits, bilateral as well as commercial loans.