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PM summons emergency session of federal cabinet today

PM Imran Khan Federal Cabinet

ISLAMABAD: Prime Minister Imran Khan has summoned an emergency session of the federal cabinet at PM House today, ARY News reported on Wednesday.

The session will be held at 2:00 pm, however, the agenda of the upcoming meeting has not released yet.

Sources privy to the government said the premier will hold consultation with cabinet members over important political matters besides discussing new targets of 2020.

It is pertinent to mention here that PM Imran Khan had chaired a meeting of the federal cabinet yesterday where a nine-point agenda was discussed to review the overall political and economic situation of the country.

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Firdous Ashiq Awan, while briefing media over the federal cabinet meeting, said the federal government has finalised provision of Rs6 billion subsidy to the nationals through utility stories and health insurance facilities through Sehat Insaf Cards.

“The government is going to release financial assistance in January 2020 as PM Imran Khan decides to take responsibility of weaker segments of the society. The cabinet members appreciated PM’s initiatives for establishing shelter houses for needy people. The premier has also discussed the closure of sugar mills and he will chair a meeting of price review committee tomorrow to monitor rates of cotton, sugarcane and sugar.”

Awan said the government has approved publication of 2008’s financial assessment report of the State Bank of Pakistan (SBP) and issuance of the financial card is also being made in accordance with the survey report.

Read: Abu Dhabi crown prince expected to visit Pakistan on January 2: sources

A briefing was given to the cabinet members over financial matters of the current year, she added. The authorities witnessed a 40 per cent reduction in trade balance besides recording 4.7 increase in exports, whereas, 73 pc improvements were seen in current account deficit as compared to the previous year.

“Tax collection rises up to 17 per cent and export rate recorded up to $10.3 billion while the situation of foreign investment is also bettered.”

The post PM summons emergency session of federal cabinet today appeared first on ARY NEWS.



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