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FinMin for providing civic amenities to Karachiites2017/05/24
ISLAMABAD: Governor Sindh calls on Finance Minister, Senator Mohammad Ishaq Dar here on Tuesday.
During the meeting Governor Zubair apprised the Finance Minister about the ongoing development activities in the province of Sindh. He also discussed matters related to various federally funded projects in the province. 
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Murad urges KE to improve system, cut load-shedding2017/05/24
KARACHI:  Sindh Chief Minister Syed Murad Ali Shah has said that K-Electric to have improved its system for smooth supply of power during the on-going sweltering weather. 
"During prolonged power outages Karachiites face serious problems, particular those who live in apartments and small houses."
This he said while holding a meeting with K-E management comprising Chairman KE Waqar Siddiqui, CEO Tayyab Tareen, Director External Asmar Naeem and Chief Marketing Fakhar Ahmed. Principal Secretary to CM Sohail Rajput, Secretary Energy Agha Wasif, Secretary Local Government Ramazan Awan and others.
The chief minister said that the KE should have improved its system before the advent of summer but this seems to have not happened. On this the chairman KE told the chief minister that distribution system has been improved by replacing and new cables. The recent major break down was the result of storm in rural areas of the province which had collapsed the [supply] towers.
The chief minister said that apart from major break down, there are serious complaints of load-shedding. This must be reduced to maximum level. The issue of overbilling against which political parties have also made hue and cry should also be addressed in the public interest.   
Syed Murad Ali Shah said that the industrialists are also complaining of load-shedding, "I would suggest you to rationalize load-shedding in industrial and residential areas," he said and urged KE to take necessary measures to reduce load-shedding to negligible level during holy month of Ramazan.
Talking about load-shedding at water board pumping stations, the chief minister urged the KE administration to make them load-shedding free. "When load-shedding is resorted people of the city are not only deprived from electricity but water supply to their homes is also affected. 
In this way dual problems, power outage and water shortage, both, occur at a time. On this CEO KE Tayyab told the chief minister that the KWSB pumping station being provided electricity from the feeders which are load-shedding free.      
The chief minister also asked the KE to expedite electrification work in the rural areas of the city. "I want to electrify all our villages located on the outskirt of the city," he said and added "we are giving you [KE]100 MW electricity from our maiden Nooriabad Power Plant with the hope that city and its adjoining areas would be exempted from load-shedding," he said.  
KE administration assured the chief minister that they would look after the city in terms of load-shedding during Ramazan and in the route.
Meanwhile, Murad Ali Shah has said that the budget for next financial year, 2017-18 would be made according to the expectation of the people of the province in which social sector, energy and the development schemes of last four years would consolidated and completed.
This he said while presiding over a meeting to chalk out guideline for the budget here at the CM House today. The meeting was attended by Chief Secretary Rizwan Memon, Chairman P&D Mohammad Waseem, Principal Secretary to CM Sohail Rajput, Secretary Finance Hassan Naqvi and other concerned officers.
The chief minister told his planning & Development and Finance teams that the next budget would be for poverty alleviation, welfare-oriented and special focus would be made on improving education system and health services.-NNI
He said that energy crisis has badly affected industrial growth in the country. "I believe the solution of our energy crisis lies in Thar coal," he said and added that special attention would be given to the development of coals blocks and infrastructure of Thar. He also added that investment opportunities in renewable energy are ample. "Therefore, special focus would be given to the development of infrastructure for wind and solar power plants to attract investment," he said.
Syed Murad Ali Shah giving guide lines for completion of development schemes, said that the PPP government has launched a large number of uplift works all over during its four tenure, therefore special focus would be given to consolidate them in terms of their importance so that they could be completed. "Hundreds of big and small schemes and projects are going to be completed during the next financial years, therefore I would term next financial year as the year of development," he said.
Talking about reforms, he said that education and health sectors need over hauling and extensive reforms. "I have a dream to establish a state of art teachers training academy with good faculty for capacity building of teachers," he said. "We are strengthening our health services by involving private partner, and this process would be continued to provide services in every nook and corner of the province," he said.
Syed Murad Ali Shah said that he has also a plan to strengthen local bodies. "I have recently held a PFC meeting through which local bodies would be strengthened with ample funds," he said.
The chief minister told the P&D and finance departments to finalise the Karachi Package for next financial year. "Karachi is one of the best cities of the world and I would make it worth-visiting city- I have a plan to improve tourism particularly the seaside of the city, the lakes around it and development of Kirthar Park would attract the tourists," he said. - NNI
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PM Nawaz back from Saudi Arabia2017/05/24
ISLAMABAD: Prime Minister Muhammad Nawaz Sharif arrived here Tuesday evening after three-day visit to Saudi Arabia.
During the visit, the prime minister attended the first ever Arab Islamic American Summit on terrorism in Riyadh and paid respects at Roza-e-Rasool (SAW) in Madina Munawarrah ...

Hussain raises objection on two Panama JIT members2017/05/24
ISLAMABAD: Prime Minister Nawaz Sharif's son, Hussain Nawaz, has raised objection on two members of joint investigation team (JIT) members for Panama Leaks case in Supreme Court. 
These members represent State Bank of Pakistan and Securities and Exchange Commission of Pakistan (SECP) ...

Budget preparations continue in full swing as per set timeline2017/05/24
ISLAMABAD: For the announcement of the federal budget for fiscal year 2017-18, the preparations continue in full swing in accordance with the prescribed timelines.
In line with the tradition of the last three years, the well-being of the general public was the top priority of the government in the upcoming budget, official source said, adding that the budget measures would focus on employment generation and achieving higher, sustainable and inclusive economic growth.
The budget was being prepared in close coordination between all departments and ministries involved in budget-related events including the presentation of the budget in the Parliament and launching of the Economic Survey.
Since provision of relief to common masses is top priority, hence it was being prepared after extensive consultations with all stakeholders including the business community, traders and chambers of commerce and industries, who all have provided valuable and constructive suggestions.On revenue side, the government would also introduce measures for bringing improvement in the system of tax collection, broadening the tax base, and facilitation to tax-payers, they said and argued that a strong revenue generation will play a crucial role in achieving the targets for economic growth.
The Federal Board of Revenue (FBR) has also set up extensive facility for printing, sorting and binding of budget documents during the upcoming federal budget exercise.
From growth perspective, the federal budget would focus on generating 6% gross domestic product growth (GDP), and for this purpose the government would introduce some fiscal measures and policy initiatives.
Meanwhile, the Pre-budget document presenting state of country's economy, 'the Economic Survey of Pakistan' is likely to be launched here on coming Thursday. The survey would highlighting the overall performance of economy during the outgoing fiscal year, providing a realistic feedback and basis for future planning.
The survey will cover the development of all the important sectors of economy, including growth and investment, agriculture, manufacturing, mining, fiscal development, money and credit, capital markets, inflation, debt and liabilities.
The survey will also highlight the performance of agriculture, education, health and nutrition, besides showing the overall population, labour force and employment, poverty, transport and communication and per capita income.
The National Economic Council (NEC) chaired by Prime Minister Muhammad Nawaz Sharif on May 19, had already approved the Gross Domestic Product (GDP) growth target at 6 percent for the financial year 2017-18 while the government achieved a GDP growth rate of 5.3 percent in the outgoing fiscal year.-NNI
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