ISLAMABAD – The federal cabinet presided over by Prime Minister Imran Khanon Thursday has taken several decisions over issues of national importance.
Cabinet approved the establishment of an oil refinery with thecollaboration of Saudi Arabia in Gwadar.
The meeting also approved to turn the PM House into National University ofCentral Excellence.
It declared the appointments power delegated to former finance ministerIshaq Dar as illegal. As a result, heads of four banks and as manyregulatory institutions will lose their jobs.
Finance Minister Asad Umar briefed the cabinet about the economicsituation. The cabinet expressed satisfaction over approving SupplementaryFinance Bill.
It appreciated the steps taken by the finance minister and his team for thebetterment of economy.
Talking to the media after the federal cabinet meeting, Minister forInformation and Broadcasting Fawad Ch said that the national exchequer wasplundered by the previous government. “When you talk about someone, he getsangry,” he maintained.
He said that a website had been launched to review the performance of the100-day plan of the PTI government.
He said that an amount of Rs 180 million and Rs 2.3 million was earned byauctioning the vehicles and buffaloes of the PM House.