Islamabad, March 17, 2023 (PPI-OT): Lawyers have a key role in Pakistan’s constitutional evolution: Prime Minister
The government has approved the Laywers Protection Bill-2023 to be presented in Parliament for the protection of lawyers: Prime Minister
A support price of Rs 8,500 per maund has also been approved to make the crop profitable for cotton farmers: PM
Security of deposits of SME bank customers should be ensured: Prime Minister Special consideration should be given to return of customer deposits during winding-down: Prime Minister’s directive
Federal Cabinet meeting chaired by Prime Minister Muhammad Shahbaz Sharif was held today at Prime Minister House Islamabad. On the recommendation of the Ministry of Finance, the Cabinet gave ex-post facto approval to 15 bilateral and 2 Multi-lateral MoUs of the Security and Exchange Commission of Pakistan with various countries and international organizations.
The Federal Cabinet approved the winding down of SME Bank on the recommendation of the State Bank. The Cabinet directed that during the winding down, the security of deposits of all bank customers should be ensured. In the first phase, payments of 5.557 billion rupees will be made to all bank customers.
On the recommendation of the Ministry of Interior, the Federal Cabinet approved the formation of an inquiry committee under the Extradition Act 1972 headed by the Additional Deputy Commissioner for the extradition of Muhammad Wasim Aslam son of Muhammad Aslam to Saudi Arabia.
The government of Pakistan has an agreement with the Saudi government regarding the extradition of criminals. Muhammad Wasim Aslam is wanted by the Saudi government in a murder case.
The Federal Cabinet approved the reconstitution of the Pakistan Sikh Gurdwara Parbandhag Committee (PSGPC) on the recommendation of the Ministry of Religious Affairs and Interfaith Harmony. Representation of the Sikh community from all provinces has been ensured in the said 13-member committee. This committee will take care of maintenance of Gurdwaras, of Sikh pilgrims and other administrative matters for the next three years.
The Federal Cabinet also approved the decision taken by the Cabinet Committee on Legislative Cases on March 13, 2023, in which the Lawyers Protection Bill-2023 was approved. It has been prepared at the request of lawyers. The Federal Cabinet approved the decisions taken in the meetings of the Economic Coordination Committee on March 14, 2023 and March 15, 2023. It also includes the decision to increase the support price of cotton to Rs 8,500 per maund (40 kg).
For more information, contact:
Prime Minister’s Office
Islamic Republic of Pakistan