PM or­ders per­ma­nent so­lu­tion of cir­cu­lar debt

The Pak Banker - - FRONT PAGE - Staff Reporter IS­LAM­ABAD

A high level meet­ing chaired by Prime Min­is­ter Shahid Khaqan Ab­basi in Is­lam­abad on Thurs­day de­cided to re­strict im­port or­ders for the fur­nace oil in fu­ture. Min­is­ter for Power Sar­dar Awais Ahmed Leghari, Sec­re­taries of Fi­nance, Power and Petroleum di­vi­sions, MD PSO and se­nior of­fi­cers of con­cerned de­part­ments at­tended the meet­ing.

The Prime Min­is­ter directed Min­istry of Power and Min­istry of Petroleum to en­sure proper plan­ning so as to en­sure main­te­nance of re­quired stocks of fur­nace oil to meet any emer­gent sit­u­a­tion. He directed that spe­cial at­ten­tion should be paid to­wards over­haul­ing the sys- tem to avoid ad­min­is­tra­tive losses and to find a per­ma­nent so­lu­tion to the is­sue of cir­cu­lar debt. Mean­while, Prime Min­is­ter Shahid Khaqan Ab­basi has urged all po­lit­i­cal forces and state in­sti­tu­tions to work in uni­son in the best in­ter­est of coun­try and na­tion.

In an in­ter­view, he re­it­er­ated his com­mit­ment to let the cur­rent gov­ern­ment and par­lia­ment com­plete its term on June 1st next year. The Prime Min­is­ter cat­e­gor­i­cally stated that those de­sir­ing for early polls would have to come up with a no-con­fi­dence vote against him in the Na­tional Assem­bly.

To a ques­tion about the pos­si­ble sit- ins af­ter De­cem­ber, the Prime Min­is­ter said is­sues should be dis­cussed in the par­lia­ment be­cause the sit-ins do not pro­vide any so­lu­tion to prob­lems.

The Prime Min­is­ter termed the re­cent visit of Army Chief to the Se­nate as "good step". He said such in­ter­ac­tions pro­vide good op­por­tu­nity for clar­ity of views. Shahid Khaqan Ab­basi said he has good work­ing re­la­tions with the mil­i­tary lead­er­ship, with whom he sits af­ter ev­ery two to three weeks in the Na­tional Se­cu­rity Com­mit­tee, where is­sues are dis­cussed and de­bated and de­ci­sions are taken.

The Prime Min­is­ter said the court de­ci­sion re­gard­ing Nawaz Sharif's dis­qual­i­fi­ca­tion does not put any ef­fect on his po­lit­i­cal cred­i­bil­ity be­cause his role in pol­i­tics will con­tinue. He said Gen­eral Mushar­raf de­spite keep­ing Nawaz Sharif out of coun­try over a decade could not re­move him from pol­i­tics. Prime Min­is­ter said the peo­ple of Pak­istan know per­fectly well who has served them sin­cerely.


Fed­eral Min­is­ter for In­te­rior, plan­ning, Devel­op­ment and Re­form Ah­san Iqbal talk­ing to me­dia af­ter in­au­gu­rat­ing new Ex­ec­u­tive Pass­port Of­fice.

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