Pakistan

Federal Cabinet meets to discuss overall political and economic situation

Federal Cabinet meets

Federal Cabinet meets to discuss overall political and economic situation today (Tuesday).

Prime Minister Imran Khan presides over the meeting.

Federal Cabinet meets

The cabinet members will discuss overall political and economic situation of the country.

Earlier, Prime Minister Imran Khan chaired a meeting of the Finance and Economy think-tank.

The meting considered various economic issues and directed for carrying out a comprehensive study in different sectors to extend maximum possible subsidies to the poor and deserving people.

Ministers Hammad Azhar, Senator Shibli Faraz, Omar Ayub, advisors Dr. Abdul Hafeez Sheikh, Abdul Razak Dawood, Dr. Ishrat Hussain, Special Assistant Dr Sania Nishtar, and Nadeem Babar attended the meeting.

Fromer financce minister Shaukat Tareen, Sultan Ali Alana, Dr. Ijaz Nabi and Arif Habib participated in the meeting via video-link, PM office media wing in a press release said.

The purpose of the economic think-tank was to consider different important economic issues, submit its recommendations and formulate future strategy in this regard.

During the meeting issues pertaining to power, gas, fertilizers, utility stores, exports, housing, Ehsaas, budgets of National Highway Authority and the grant of subsidies, came under discussion.

Addressing the meeting, the prime minister said the main objective of the provision of subsidies by the government, was to extend support and relief to the poor and deserving people.

He stressed that complete study of the whole system of subsidies should be carried out to ensure that its effects not only could trickle down to the deserving people in a transparent manner but it should also cater to the needs of maximum people.

GTV

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