Task force to determine sizes of federal, provincial govts: PM

Kakar says Pak consortium of oil companies and Aramco in talks for setting up oil refinery

ISLAMABAD   -   Prime Minister Anwaar-ul-Haq Kakar Sunday said a task force headed by the finance minister would determine the sizes of federal and provincial gov­ernments, look at options to better manage pen­sion funds, besides making efforts to rationalize public expenditure and increase revenue.

In an interview with a private television, he said, “We are convinced that there is a need to ra­tionalise expenditure and increase the revenue of the government to create a viable state and lessen existential threats due to economic vulnerability.”

He said the Special Investment Facilitation Coun­cil (SIFC) was attempting to help achieve appro­priate governance and address the reasons for ill governance in the past.The civil institutions were laxed in their working in the past but now the army leadership with its organizational strength had increased the level of confidence of civil ser­vice which had renewed energy to implement pol­icies and achieve goals, he added.

The prime minister said the government was optimistic about investment from Saudi Arabia in the backdrop of talks between Crown Province of Saudi Arabia Mohammad Bin Salman and Pa­kistan’s chief of army staff. The government was planning for a visit of the Crown Prince of Saudi Arabia, adding the visit would be aimed at fully exploiting economic opportunities in the country.

The prime minister informed that a Pakistani consortium of oil companies and Saudi oil com­pany Aramco were in business talks for setting up an oil refinery in Pakistan.

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