PM chairs meeting of Federal Cabinet

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ISLAMABAD, Feb 14 (APP): Federal Cabinet has decided to provide gas and electricity to various industrial zones in the country on immediate basis in order to facilitate investors.

Meeting of the Federal Cabinet was held in Islamabad on Thursday with Prime Minister Imran Khan in the chair.

During the meeting, arrangements of  Saudi Crown Prince’s visit, the agreements and MoUs to be signed and the overall investment plan were discussed.

Cabinet meeting also reviewed the progress of previous cabinet meetings.  Federal Cabinet gave approval to appointment of Zafar Usmani as new chairman of Pakistan State Oil, along with reconstitution of its Board, also an overseas Pakistani Adnan Ghani was appointed as head of Zarai Tarqqiati Bank Limited.  Naseer Khan Kashani was appointed as Chairman of Gwadar Port.  Essential Services Act was also declared at State Life Insurance Corporation of Pakistan.

During the meeting,  draft proposal for merger of Earthquake Reconstruction and Rehabilitation Authority and National Disaster Management Authority was also approved.

The cabinet also granted approval to Board of Pakistan Institute of Management Sciences.

 

APP/Zaheer/Shahzaib

Source: VNS, Islamabad