Posts Tagged ‘Soomro’

President to get advice for NA session today

Caretaker Prime Minister Mohammedmian Soomro will send an advice to President Pervez Musharraf on Monday for summoning the first session of the newly-elected National Assembly.

An official told Dawn that the summary initiated by the Ministry of Law and Parliamentary Affairs had been received by the prime minister’s secretariat on Saturday, but could not be forwarded as the prime minister was not in the capital. (more…)

President and the Prime Minister condemn Charsadda blast

President Pervez Musharraf and Caretaker Prime Minister Mohammedmian Soomro on Saturday strongly condemned the Charsadda blast saying it was an attempt to sabotage the ongoing democratic process.

They expressed their condolences on the loss of innocent lives in the blast and directed the authorities to provide the injured with the best medical care. (more…)

PM returns after three-day visit to Yemen and Saudi Arabia

 

Caretaker prime minister Muhammadmian Soomro returned here on Monday after his three-day visit to Yemen and Saudi Arabia.

The prime minister was accompanied by the Governor Punjab Lt. Gen. Khalid Maqbool, minister for Labour and Manpower Nisar Ahmed Ghuman, minister for Health Ejaz Rahim besides high powered delegation including Chief Executive TDAP, Tariq Ikram, President FPCCI Tanvir Ahmed Sheikh, leading business executives and industrialists.

The prime minister paid visit to Yemen on the invitation of his Yemani counterpart Dr Ali Muhammad Mujhawar.

PM Muhammadmian Soomro had one-on-one meeting with Dr Ali Muhammad Mujhawar which was followed by delegation level talks.

The talks focused on reviewing bilateral relations and exchanging views on international and regional issues.

Pakistan premier and his entourage had back-to-back and extensive engagements during their stay in Yemen besides inking agreements on technical cooperation and trade for furthering economic cooperation and solidifying Pak Yemen trade ties.

PM leaves for Yemen, Saudi Arabia, visit aims to further strengthening ties

Caretaker prime minister Mohammadmian Soomro, on Friday said his visit to Yemen and Saudi Arabia is aimed at further strengthening bilateral relations particularly economic and trade cooperation with these countries.

Talking to APP before his departure for Yemen here at Chaklala Airbase, he said such visits have their own importance and termed his visit to these countries as friendly. (more…)

Loan of Rs20 billion for payment of oil companies liabilities

A meeting of the Economic Coordination Committee (ECC) of the cabinet presided over by Prime Minister Mohammed Mian Soomro approved the Rs20 billion syndicated loan with 10% interest. The loan will translate into about Rs28 billion at the time of repayment in five years.

Of the total, Rs15 billion will be paid to Pakistan State Oil (PSO) and Rs5 billion to Shell-Pakistan. The two companies hold about 80% share in Pakistan’s oil industry. The state-run PSO has more than 60% market share.

The Rs20 billion would be in addition to Rs12 billion paid to PSO and Rs6 billion to Shell last month on the same account.

The government has taken Rs38 billion loan which will translate into Rs52 billion at the time of payment. It means that the next government will have to pay an extra Rs14 billion in interest out of public money on loans totaling Rs38 billion.

The Petroleum ministry’s suggestion for an increase in oil prices from January 16 had divided the cabinet and no decision could be taken. The ministry had proposed 5%, 10% and 15% increase in prices of diesel and motor spirit.

Another meeting had been convened on Monday to discuss the ministry’s proposals.

New finance secretary : Dr Waqar Masood

Caretaker Prime Minister Mohammedmian Soomro on Tuesday removed finance secretary Ahmad Waqar and replaced him with Dr Waqar Masood, currently working as special secretary at the PM secretariat. (more…)