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Federal cabinet approves appointment of OPF’s BoG

Federal cabinet approves appointment of OPF’s BoG
December 10, 2019
ISLAMABAD (92 News) – The federal cabinet meeting under the chair of Prime Minister (PM) Imran Khan on Tuesday approved the appointment of Overseas Pakistanis Foundation’s (OPF) Board of Governor (BoG). Briefing the journalists on cabinet meeting, Special Assistant to Prime Minister on Information Firdous Ashiq Awan said that MoU Afghanistan and Anti-Narcotics agenda also approved in the meeting, however, the matters regarding Jinnah Airport and Local Government Commission has been delayed. During the federal cabinet, the briefing was given about hoarding of the flour and hike in the prices of electricity and gas. The special assistant said that the meeting took stock of fifteen-month performance of the government.
Subsidy in prices of gas and electricity
“It also considered the relief measures to public, public interest legislation and various initiatives of the government including subsidy in prices of gas and electricity during the cabinet meeting,” Firdous Ashiq Awan mentioned.
Cabinet deliberates to provide maximum relief to people
She termed that the meeting has deliberated on various suggestions to remove obstacles to provide maximum relief to people as envisioned by Prime Minister Imran Khan. The special assistant said the prime minister took detailed briefing from Ministry of Water and Power and Ministry of Oil and gas. “PM Khan was informed that how circular debt was managed to bring it down to 12 billion rupees. The cabinet was also informed that consumers using less than 300 units of electricity have been given a subsidy of 242 billion rupees. It was informed that industries have been given a subsidy of 29 billion rupees,” she added.
Subsidy of Rs10bn was given to farmers
In its briefing, Ministry of Oil and Gas told the cabinet that it inherited a loss of 181 billion rupees which was managed. The briefing said a subsidy of 10 billion rupees was given to farmers while a sum of 30 billion rupees have been allocated for next year in subsidy.
PM directs to provide uninterrupted gas supply to consumers
PM Khan directed the Ministry of Oil and Gas to ensure provision of uninterrupted gas supply to domestic consumers. He directed to bring reforms in Sui Southern and Sui Northern Gas companies with the introduction of automation. A mechanism should also be developed for billing so that in winter months the consumers are not burdened with heavy gas bills. The cabinet expressed concern over the Indian Citizenship Bill which has exposed its real face regarding minorities.
Cabinet expresses reservations on issuance of Sukkuk Bonds
The cabinet expressed reservations on the issuance of Sukkuk Bonds. The Prime Minister directed the Finance Ministry to review the process and present it again in the next meeting. The premier directed to equip hospitals and health facilities in the federal area with the latest equipment and facilities. Imran Khan directed the Law Ministry to identify the cases which relate to sugar, flour and other commodities associations that have taken relief from the courts at the expense of public interest. A committee under Dr Ishrat Hussain was set up to bring a policy on food laws in consultation with the provinces.