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Saturday, 25 April 2015

 

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Women cricket trials on April 28: Raham Bibi
PESHAWAR, Apr 25 (APP): Coordinator of Pakistan Cricket Board for Peshawar Region Raham Bibi Saturday said that the trials for the selection of Peshawar Region Senior Women Cricket team will be held at Frontier College for Women on April 28, 2015 at 9 am.
 
PSB Coaching Course ends with high note to serve the youth of KP, FATA
PESHAWAR, Apr 24 (APP): The five-day Pakistan Sports Board Athletic Coaching Course ended with a high note urging the participants from Khyber Pakhtunkhwa and FATA to serve the youth and the game in an appropriate manner.
 
Ex-Minister Junaid wants inquiry for Pakistanís 3-0 defeat to BD
KARACHI, Apr 24 (APP): Former Sindh Minister and President Asghar Ali Shah Memorial Sports Foundation Dr.Syed Junaid Ali Shah has slammed 3-0 Banglawash of Pakistan cricket team in 3-match ODI series.
 
Pakistan team off to China for World TT
KARACHI, Apr 24 (APP): Led by Asim Qureshi an eight-member Pakistan squad is flying Suzhou (China) en-route Beijing on Friday night to take part in the World Table Tennis Championship schedule to be held in Suzhou (China) from April 26 to May 3.
 
Zaheer Abbas bewilders with Pakistanís 3-0 whitewash against BD
KARACHI, Apr 23 (APP)- Former captain Zaheer Abbas was bewildered with Pakistan team’s 3-0 whitewash at the hands of Bangladesh in the three one-day series.
 
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New development strategy to foster sustainable and more equitable eco-growth PDF Print E-mail
ISLAMABAD June 4 (APP):- Embarking on a fundamental change of the development paradigm, new strategy aims at fostering sustainable and more equitable growth  by means of structural improvements in the productive sectors of country’s economy, involving wide range of policy actions across the sectors.  Enhancing the tax-to-GDP ration is a key plank of  the government economic strategy. A proposed law to  implement a broad-based Value Added Tax (VAT) with minimal exemptions from July 01, 2010 has been present to the parliament in this regard, according to Economic Survey 2009-10 unveiled here on Friday.  HTML clipboard

In addition, other measures such as improving tax administration and reinstating tax audits have been taken.  The cumulative effect of these policy measures is expected to be an increase of Pakistan’s Tax-to-GDP ratio to 13 per cent by 2013 from 8.9 per cent in 2008-09.
Under reform of the power sector, electricity tariff has been raised between 40- 55 per cent in less than two years, in an effort to reduce the level of subsidies absorbed in the budget, while simultaneously moving to a full cost-recovery tariff for the power utilities. Under a new Act of parliament, adjustment in tariff for changes in fuel prices for power generation has been made automatic.
A Cabinet Committee on Restructuring (CCOR) has been formed to restructure key public sector enterprises (PIA, PEPCO, Railway, TCP, USC, Pakistan Steel Mills, NHA) with a view to stop leakages caused by annual losses amounting to approximately 1.5 per cent of GDP.
The eventual aim, the Survey said, is to turnaround these Public Sector Enterprises into profitable, self-sustaining ventures under Public-Private Partnership mode.
Under Social Protection, the government has launched the Benazir Income Support Program (BISP). An allocation of  Rs 70 billion has been made in the federal budget 2009-10 with an objective of targeting 5.5 million poor and vulnerable households in Pakistan with a cash transfer of Rs 1000 per month to each.
The size of BSIP makes it the largest social protection scheme in the country’s history and it works in conjunction with other safety nets such as Bait-ul-Maal, Zakat Fund and provincial programmes such as the Sasti Rot scheme.
The government, Survey stated successfully concluded the Seventh National Financial Commission (NFC) Award - only the fourth in Pakistan’s entire history and the first for the last 19 years. This Award greatly augments the quantum of resource transfer from the Centre to the Provinces.
In conjunction with the higher resource transfer to the provinces, the Centre will also devolve some major functions and expenditure heads to the sub-national government in line with the provision of the 1973 Constitution.
 
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