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PM Imran to chair Federal Cabinet meeting today


Syed Umarullah HussainiWeb Editor

06th Oct, 2020. 09:34 am
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Federal Cabinet

The federal cabinet meeting will be held today under the chairmanship of Pakistan Prime Minister Imran Khan. The PM will overview the current situation of the country.

According to the details, Federal Cabinet will meet under the PM today to deliberate over 15-point agenda.

The cabinet is set to approve ratification of the Minamata Convention on the use of mercury-free technology in mining, coal-fired power plants and other industrial sectors, which would allow the country access to the globally-available technological and financial assistance under its umbrella.

Moreover, Pakistan International Airlines (PIA) Chief Executive Officer Air Marshal Arshad Mahmood Malik, will brief the federal cabinet on Tuesday about the restructuring reforms of PIA ostensibly to make it self-sustainable without calling on the government for financial bail-out repeatedly. PIA CEO will highlight the financial woes of the national flag-carrier. PIA chief will tell the cabinet that even with operational profits it will not let the entity come out of a financial quagmire. The burden of debt servicing and related exchange loss of PIA is unsustainable.

On the other hand, the commerce ministry is seeking approval of the cabinet for the appointment of an executive director at the State Life Insurance Corporation (SLIC).

In this regard, the commerce ministry had moved a summary through the establishment division.