Pakistan’s Foreign Exchange Rules Set for Major Changes
The federal cabinet’s legislative review committee has approved amendments to Pakistan’s foreign exchange laws, changes to Armed Forces retirement leave arrangements, and a legal package transferring plant protection functions to a new regulatory authority.
By Sanaullah Khan · Markets & Economy Editor (Karachi)
Cabinet committee approves changes to boards of NESPAK, HESCO and SEPCO
The Cabinet Committee on State-Owned Enterprises (CCoSOEs) on Tuesday approved proposals concerning the appointment of a chairman/independent director at National Engineering Services Pakistan (NESPAK), the reconstitution of the board of Hyderabad Electric Supply Company (HESCO) and the appointment of an independent director to the board of Sukkur Electric Power Company (SEPCO), according to a statement issued by the Ministry of Finance.
By Sanaullah Khan · Markets & Economy Editor (Karachi)