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ECC is expected to give approval for Karachi’s transformation plan: source | Instant News

ISLAMABAD: Advisor to Prime Minister of Finance Abdul Hafeez Shaikh will chair a meeting of the Economic Coordination Committee (ECC) on Wednesday (tomorrow) to discuss the 10-point agenda, ARY News reported.

In an upcoming meeting, the ECC is likely to approve the Karachi transformation plan announced by Prime Minister Imran Khan in September, sources told ARY News.

The prime minister has announced a ‘historic’ financial package of Rs1100 billion for the implementation of a transformation plan intended to address city problems and development requirements.

The committee will discuss recommendations for ending import duties on cotton import regulations aimed at bringing in raw cotton. The company will also consider providing Regasified Liquefied Natural Gas (RLNG) for the export sector at a discounted price.

Read: PM Imran launched a package of Rs1.1 trillion for rain-stricken Karachi

The agenda also includes decisions on exemption from national highway loans; supply of imported sugar to state-owned utility stores; supplying gas supplies to Pakistan Steel Mills.

A summary will be submitted to the committee for the repair work of the Islamabad High Court (IHC) building and the supply of gas to the Sui Southern Gas Company (SSGC) from the Benari field in addition to approving the gas supply according to its target. The ECC is also expected to approve gas supplies from third party companies or exploration companies.

In a previous meeting, the Economic Coordination Committee (ECC) has approved additional technical grants for advance purchase of the COVID-19 vaccine.

Read: The ECC approved an additional grant to purchase a COVID-19 vaccine

ECC members are considering a six-month extension of interest payments on loans obtained from G20 countries and issues related to gas supply to Engro Fertilizers. The committee members approved the gas supply to Engro Fertilizers.

In addition, the committee has granted permission to Punjab province to import 340,000 tonnes of wheat through the Trading Corporation of Pakistan (TCP).

Sources told ARY News that the committee has allocated funds for the payroll of Pakistan Steel Mills (PSM) workers; an additional technical grant of Rs500 million for the ministry of education; budget approval of Rs683.3 million for the National Information Technology Agency (NITB).




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The government agreed to lay off a third of PIA employees | Instant News


The Pakistani government of Tehreek-e-Insaf on Monday approved, in principle, a plan that seeks to lay off more than 3,800 permanent and contract employees of Pakistan International Airlines (PIA) – one in every three – to cut annual losses of Rs4. 2 billion.

The Cabinet’s Economic Coordination Committee (ECC), which approved the Voluntary Separation Scheme (VSS) for PIA employees, also sanctioned more than Rs38 billion in additional budget for the military to fence the Pakistan-Afghanistan border and provide allowances to armed personnel.

The ECC approved Rs12.87 billion as VSS fees to be paid within two and a half years.

The PTI government has approved a plan to lay off 9,350 Pakistan Steel Mill employees.

“After going through discussions, it was decided to agree, in principle, to a voluntary separation from the service scheme for PIA,” the Ministry of Finance said after the ECC meeting.

The decision to offer VSS to around 3,861 permanent and contract employees and limit PIA’s own workforce to around 7,500 employees to manage 30 aircraft also indicated that Prime Minister Imran Khan had no plans to expand PIA’s operations.

Apart from 3,861 positions that were declared surplus, there were another 644 positions, which were filled through outsourcing but not required in the new operating plan.

In terms of performance, the Aviation Division has actually shown a staff surplus of 4,505, which is 31% of the current total workforce of 14,576 employees. There are 11,356 permanent and contract employees and 3,220 other outsourced positions. Of the 11,356 permanent and contract employees, PIA management has declared 3,861 a surplus, which is 34% of the regular and contract workforce.

The number of outsourced workers was 3,220 and 644 positions were declared surplus.

“PIA management has planned to achieve a ratio of 1: 250 (250 per aircraft employee) for 30 aircraft, a total of 7000 to 7,500 employees considered an appropriate measure for PIA,” according to the ECC summary.

The layoff of 3,500 employees will result in annual savings of Rs4.2 billion and the government will recover VSS costs of Rs12.9 billion in two and a half years, said the Aviation Division.

PIA management has proposed that in the engineering department 1,173 people or 31% of the total workforce are surplus. In the commercial department, a total of 540 employees and outsourcing positions were declared surplus, i.e. 30% of the workforce.

In the aviation operations department, 244 employees; ACP 709; service flight 603; food service 189 and in the finance department 171 employees had declared a surplus.

According to the Aviation Division summary, the liquidity requirements for PIA’s voluntary split plan were approved in principle by Prime Minister Imran Khan in April last year.

The Aviation Division presented the VSS plan to the ECC in July last year, which the cabinet body had postponed until the completion of last year’s Haj operations.

Defense budget

The ECC also approved four separate Technical Additional Grants for the Ministry of Defense and the Ministry of Home Affairs for various projects during the current FY 2020-21, according to the finance ministry. The ministry did not disclose details of this additional grant.

The ECC approved an additional budget of Rs26.9 billion for the military to fence the Pak-Afghanistan border. It also sanctioned Rs6.2 billion for paying salaries to the (Northern) Special Security Division.

The division was formed to provide protection to the China-Pakistan Economic Corridor (CPEC). Another Rs5 billion has been approved in internal security duty support for the military.

Last year, Financial Advisor Dr Abdul Hafeez Shaikh has directed that all of these grants should be made part of the regular defense budget.

The finance ministry stated that in the summary presented by the Ministry of Information and Technology regarding SIM / Smart-card manufacturing in Pakistan, the ECC formed a committee to examine proposals and present a report for the way forward in two weeks. .

In addition, the ECC recommends the formation of a committee consisting of representatives from the Ministry of Trade and the Ministry of Research and National Food Security to determine the deadline for exports of mangoes and kinnows.

The ECC approved the Petroleum Division’s proposal, in principle regarding the allocation of gas from Bashar X-IST to third parties of up to one million MCFD. The ECC approved a budget allocation in support of the NITB for the provision of ICT services in the Prime Minister’s Office for the Prime Minister’s Kamyab Jawan Program for FY2020-21 of Rs53 million.


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Line-ups for Switzerland vs Spain confirmed: Asensio, Llorente, Gaya eliminated – Ghana Latest Football News, Live Scores, Results | Instant News

Luis Enrique has announced his starting eleven players for the Nations League tie against Switzerland on Saturday evening, and has left Marcos Asensio, Llorente and Jose Gaya completely from the squad.

Spain managed to draw in their last friendly against the Netherlands with new faces at their side, but the former Barcelona boss has returned to a more familiar and senior line-up for the clash against Switzerland.

Asensio started against the Netherlands, as did Gaya who had to withdraw in the first half due to injury, Llorente earned his first cap as a substitute that night, but will not be able to double his tally on Saturday.

Unai Simon maintains his position in front of goal ahead of David de Gea, while Sergio Reguilon comes on for the injured Gaya. Sergio Ramos missed his country and, in appearances, will overtake Gianluigi Buffon as the European player with the most international caps.

Switzerland’s starting XI: Sommer, Elvedi, Akanji, Embolo, Freuler, Seferovic, Granit Xhaka, Christian Rodriguez, Zuber, Fernandes, Xherdan Shaqiri.

Spanish Starting XI: Unai Simon; Sergi Roberto, Sergio Ramos, Pau Torres, Sergio Reguilon; Sergi Busquets, Mikel Merino, Fabian Ruiz, Ferran Torres, Dani Olmo; Mikel Oyarzabal.

Source: m.allfootballapp.com


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Ghana striker Abubakar-Ankrah scores a 14j league goal in Switzerland – Ghana Latest Football News, Live Scores, Results | Instant News

Ghana striker Asumah Abubakar-Ankrah found the back of the net for the 14th of the season on Saturday with a 4-2 win over Chiasso FC at Chriso FC in the second tier of Switzerland.

The 23-year-old, who has turned off in front of goal, only needed 14 minutes to open the scoring and set his team to an impressive victory.

Ankrah scored with a hard shot with Bahadir Yesilcayir doubling the lead when Kriens ended the first half with a 2-0 lead.

After the break, Svajunas Cyzas reduced the deficit for Chiasso FC in the 47th minute but Robin Busset and Rrezart Hoxha added SC Kriens’ lead with their goals in the 63rd and 70th minutes respectively.

The 78th minute goal from Sofian Bahloul was not enough for the home side when SC Kriens held on to win all three points.

Abubakar-Ankrah has made 30 appearances for SC Kriens in his debut season, scoring 14 goals and providing five assists.

He joined SC Kriens on a free transfer after ending his job with Dutch club MVV Maastricht.


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Juventus, famous soccer club in Italy – Latest Ghana Football News, Live Scores, Results | Instant News

The world is developing in every field. Sport is no exception with the increasing development in the world. There are many choices that appeal to fans in a variety of ways. Likewise, football has won many organs in the world. Most people are heart fans of this sports game. It deals with the emotions and expressions of fans all over the world.

It has spread chanting more than 18 European countries in the world. Being a football fan, all the emotions and activities of the fans are related to the role played by their respective teams.

There are many clubs in the world to support the most loved groups in the country. All teamwork, including many countries in Europe, is carried out by walking all the clubs there, thus dealing with in-depth interviews from the fans; the soccer club handled the record of the match’s heartbeat.

Many studies have shown that in addition to differences between countries, all fans are gathered in one place by soccer and soccer clubs.

Like the rest of the world, in Italy, the most popular game among fans is football; this is the only reason why the Italian soccer team is considered one of the biggest and most successful teams in the world.

Due to the presence of the best soccer clubs in the world, the team has won the FIFA World Cup about four times and has won many trophies between Italy and Europe many times. As one of the three best sports leagues in the country, Series A consists of three soccer clubs named Juventus, Milan and Antar.

One of the top ranked soccer clubs in Italy is Juventus, also referred to as Juve. Across the country, it is the most favored soccer club among young people located in Turin, Italy. It has won more league champions in Italy than any other team in the entire region. This is the reason why fans are mostly directed to and fro to support their favorite players.

The first and most important thing to know about this football club is that it is one of the oldest soccer clubs in Italy, founded in November 1897. Fortunately, it is still there, growing day by day and winning the hearts of people who through the day. At present, the team is doing an extraordinary performance. The Juventus team is known for playing in series A and is also owned by the Agnelli family in this country.

All about Juventus

If you are a soccer fan, you must realize that there are various kinds of soccer teams out there, which attract soccer fans every day. Most of these teams often try to level themselves to another level. Many organizations try to lure fans and viewers by doing the best of other groups. If you have an interest in the champions league, then you must become a Juventus fan.

Most fans in Italy believe that it is the best team to support the whole world. The Juventus team always plays with the best and is also home to many spectacular soccer players in the world. This is the only reason why this club has a separate fan base among other soccer clubs in Italy.

Many famous players among world teams are included in Juventus. This is the only reason why most fans support this club, like no other. One of the most famous soccer players, Cristiano Ronaldo, has a home for this club. He is considered one of the best players among all other clubs in Italy.

The club’s soccer team now hopes to play many matches in the future and win many awards and titles in the past year. The pretty good thing is that the team has planned to do well in the future to bring more fans to football.


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