Tag Archives: Seek

Senators seek details on hiring SECP chief, commissioners

Senators seek details on hiring SECP chief, commissioners

ISLAMABAD – The Senate Standing Committee on Finance on Wednesday directed the ministry of finance to furnish it with complete details of candidates and the procedure adopted for the appointment of the chairman and commissioners of the Securities and Exchange Commission of Pakistan (SECP).
The meeting of the committee was held under the chairmanship of Senator Ahmad Ali.
Secretary Finance Waqar Masood Khan said that the prime minister had appointed the Chairman while no

IFIs seek professional managers in power sector

ISLAMABAD – International Financial Institutions (IFI) have again advised the government to introduce professional management in power sector entities to curtail the burgeoning circular debt in the power sector, official sources revealed.
The government had dissolved the board of directors of all the power distribution, generation and transmission companies on November 22. However, installation of new boards has been delayed for the previous 40 days; this delay has perturbed

Speakers seek equal rights for weak segments of society

PESHAWAR – Speakers at a seminar here on Sunday urged upon government to ensure the supremacy of the law and equal rights of the citizens and eliminate indiscrimination on the basis of gender and cast.
The seminar was held by an NGO called Shed. The moot was titled “Voice for Peace”. Speakers said that government had totally failed in providing security, justice and maintaining law and order situation in the country and hence giving rise to the killings and insecurity increasing

PCB could seek details of Haider’s asylum claim

KARACHI: A three-member Pakistan Cricket Board (PCB) committee recommended that the Board seek more information from Haider because it is unclear why the wicketkeeper quit the team and left the United Arab Emirates for London. The committee has been told that wicketkeeper Zulqarnain Haider, who had sought asylum in London last month, has a complex personality and “weak nerves.”
The committee interviewed Pakistan team members and support staff, and were told that Haider “is a

China may approach NSG to seek nuclear waiver for Islamabad

ISLAMABAD: After reaching an agreement for two more nuclear power reactors to Pakistan, China could approach the Nuclear Suppliers Group (NSG) for a waiver for Islamabad, similar to that provided to India for a nuclear deal with the US.
The NSG is a multinational body concerned with reducing nuclear proliferation by controlling the export and re-transfer of materials that may be applicable to nuclear weapon development. China’s position on nuclear energy cooperation with

Pakistan plans to seek IMF loan extension

ISLAMABAD: Pakistan plans to seek an extension of an $11 billion International Monetary Fund (IMF) loan programme to win more time to implement the reforms needed to secure the next tranche, a finance ministry official said.
The IMF’s programme, agreed in November 2008, has kept the US ally’s fragile economy afloat, and is increasingly critical for Pakistan as it grapples with a widening fiscal deficit and the devastation of the summer floods. Finance Ministry Secretary Salman

Experts seek proper execution of Land Tenancy Act

KARACHI: The speakers of a consultative workshop on agriculture issues, jointly organised by Participatory Development Initiatives (PDI), Oxfam GB and European Commission, on Monday demanded proper implementation of Land Tenancy Act in Sindh.
They urged the country’s commercial banks to decrease the interest rate on agricultural loans for small farmers, adding the government should give subsidy to the banks for this purpose.
They also asked the State Bank of Pakistan to

PHF to seek govt permission for India series

LAHORE: Pakistan Hockey Federation is seeking permission from the government to organise the Pakistan and India hockey test series at the neutral venue of Dubai.
According to an official of the PHF, the board has gotten clearance from the Sports Minister, Interior Ministry and Foreign Ministry to go head on with India in the field of hockey. He further stated that the Indian Hockey Federation would also go through the same routine after showing its willingness to play against

Palestinians seek Arab backing to abandon peace talks

Clinton reassures Abbas US efforts to coax Israeli PM into renewing a temporary ban on settlement building would continue ‘until the very last minute’
Palestinian President Mahmud Abbas was on Friday to seek the support of Arab leaders to quit peace talks after Israel adamantly refused to exend a freeze on settlement building in the West Bank.
Abbas, who arrived in the Libyan city of Sirte on Thursday, was to lay out his position on whether to continue US-backed