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

byCT Report
04/05/2015
in Business
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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.

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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.

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