Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Business

Senators urge govt to take steps ensuring service-oriented, legalize banking

byCT Report
04/05/2015
in Business
Share on FacebookShare on Twitter

Corruption being eliminated from govt departments: Senate told

ISLAMABAD: State Minister for Parliamentary Affairs Sheikh Aftab Ahmed said the menace of corruption was being eliminated gradually from state institutions as a result of drastic measures taken by the government.

You might also like

Weekly inflation rises 0.15pc, annual rate reaches 9.11pc

15/08/2026

SECP establishes Shariah-Compliant Brokerage Segment, approves 33 Islamic Windows

13/08/2026

Responding to the motion “The House may discuss the issue of corruption in federal government departments,” he said the Prime Minister after taking over warned the departments that corruption would not be tolerated.

People having immaculate record was being appointed as heads of various government departments, he said adding that the opposition leader has been made as chairman Public Account Committee to ensure transparency.

Various reforms have been introduced in government departments. Discretionary funds had completely been exterminated except sensitive nature institutions.

He urged the parliament to play effective role in improving anti corruption laws. Requirements were being made on merit.

Taking part in debate, Col Tahir Hussain Mashhadi said the corruption has been made institutions as only ten percent benefits of development funds managed to reach to people.  Farhatullah Baber said an ethics committee should be constituted to ensure vigil on the corrupt.

Chaudhary Tanveer said corrupt should be brought to the book irrespective of their affiliations.

Usman Kakar said corruption of over Rs 1,000 billion per annum was being committed in the country.

Barrister Muhammad Ali Saif stressed implementing the current anti-corruption laws.

Muahahid Hussain Sayed stressed ensuring transparency in government contracts.

Meanwhile, the Senators urged the government to take steps to ensure service-oriented, legalize banking in the country.

Participating in a debate on a motion, moved by Osman Saifullah Khan regarding the overall performance of banking sector in the country, they the government should take measures to ensure service-oriented and legalize banking in the country.

They said the bank lending to the private sector and small and medium sized enterprises and common man should be enhanced.

The members said there should be proper legislation to regularize different bank schemes and facilities, like credit and debit cards. They also emphasized for measures to reduce government borrowing.

Finance Minister Muhammad Ishaq Dar, who is presently abroad, will conclude the discussion next Monday.

Related Stories

Weekly inflation rises 0.15pc, annual rate reaches 9.11pc

byCT Report
15/08/2026

ISLAMABAD: Pakistan’s weekly inflation increased by 0.15%, pushing the annual inflation rate to 9.11%, according to the latest report released...

SECP establishes Shariah-Compliant Brokerage Segment, approves 33 Islamic Windows

byCT Report
13/08/2026

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP), in a major breakthrough, has succeeded in establishing a dedicated Shariah-compliant...

TPL Life expands Mobilink Bank partnership to offer Shariah-compliant insurance plans

byCT Report
12/08/2026

KARACHI: TPL Life Insurance Limited has expanded its strategic partnership with Mobilink Microfinance Bank Limited (Mobilink Bank) to introduce unit-linked...

Neelum-Jhelum project unlikely to generate electricity before 2028

byCT Report
11/08/2026

ISLAMABAD: The Neelum-Jhelum Hydropower Project is unlikely to resume electricity generation before 2028, with repair work on the 979-megawatt facility...

Next Post

Bosan directs PASSCO to make wheat procurement transparent

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.