Under the new deal, the national carrier will get departmental workflow automation, receipt and issuance management, e-noting, and e-letter management using digital signatures, electronic record room, and meeting scheduler.
Economy
Finance Minister Shaukat Tarin briefed the cabinet members about the supplementary finance bill.
It may be noted here that Packages Limited and IGI Investments are one of the few corporate giants in Pakistan. Their intention of buying a majority stake in Sanofi-Aventis Pakistan is being seen as a major corporate sector development in the country.
Acquirer is offering Rs7 for each ordinary share of the HUMNL against its face value of Rs1
Besides rolling back subsidies worth Rs350 billion, taxes and duties on more than 1,700 items will also be increased in the mini-budget, said sources, adding that taxes on all imported and luxury items will be increased.
“Bitcoin is the gold of the digital world. But a mining rig is like gold mining stocks: you’re paid dividends according to the gold price,” experts said.
BoP’s actual investment will be subject to the decision of the Board of Directors, due diligence, procurement of all applicable regulatory and corporate approvals and compliance with the requirements of the law.
The SBP Amendment Bill will extend tenure of the Governor of State Bank of Pakistan from three to five years. It is yet not clear whether it becomes applicable for the incumbent SBP governor or not.