The meeting of the Federal Cabinet was held today in Prime Minister’s Office with Prime Minister Shahid Khaqan Abbasi in chair.

October 03, 2017

The meeting of the Federal Cabinet was held today in Prime Minister’s Office with Prime Minister Shahid Khaqan Abbasi in chair.

 

The Federal Cabinet approved a proposal by Aviation Division to grant exemption to Pakistan International Airlines Corporation Limited (PIAC) from fee payable @ 0.1% to the Pakistan Stock Exchange Limited (PSX) and supervisory fee payable @ 10% to Securities and Exchange Commission of Pakistan of PSX fee on issuance of additional shares.

 

Establishment of Insurance Tribunal at Lahore and Multan was also approved.

 

The Cabinet approved appointment of Air Marshal Ahmer Shahzad as Chairman Pakistan Aeronautical Complex Board Kamra.

 

Extension in contract appointment of Mr. Omar Arshad Hakeem, Judicial Member (BS-21) Customs Appellate Tribunal, Bench II Lahore for a further period of two years was allowed by the Cabinet.

 

The Cabinet approved a proposal of Law and Justice division for repatriation of Mr. Manoo Mal Khagaija, Judge Banking Court-I Hyderabad to Sindh High Court and appointment of Syed Nasiruddin Shah, District and Session Judge as Judge Banking Court -I Hyderabad.

 

The Cabinet also ratified recommendations of the Cabinet Committee for disposal of legislative cases held on 22-09-2017. Decisions taken by Economic Coordination Committee of the Cabinet in its meeting held on 14-09-2016 were ratified by the Cabinet.

 

Proposal of Economic Affairs Division for signing of Financial Cooperation Agreement (FCA) 2015 with Germany was approved