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PAK
BUSINESS EXPRESS TRAIN INAUGURATED
All conspiracies against govt to die after Senate elections:
Gilani
- Political parties desiring new election asked to hold
talks after budget
 LAHORE:
Prime Minister Syed Yusuf Raza Gilani on Friday said
he is willing to accept the court verdict even if he
is sent to jail handcuffed, adding his counsels, not
he, will argue before the court.
Talking to media persons after inaugurating the Pak
Business Express Train, he said that all conspiracies
against government will die after Senate elections,
adding that political parties desiring new election
can talk with me over the issue after presentation of
5th budget of the present government in June.
He said that meeting of the finance minister was organized
with Opposition Leader Chaudhry Nisar Ali Khan regarding
the increase in petroleum products, adding that it is
the responsibility of the regulatory authorities.
PM said, "I have requested the speaker national
assembly to constitute committee to oversee the petroleum
prices", adding that if the prices are increased
internationally these also increase in Pakistan and
if these are decreased internationally these also decline
in Pakistan.
Banks
written-off Rs1.098b loans of Malakand Division, Hafeez
tells Senate
- Rs1898.5b invested in various National Savings Schemes
 ISLAMABAD:
The Senate was informed that loans worth 1.098 billion
rupees of 13464 residents of four districts of Malakand
Division have been written-off by different banks.
Finance Minister Dr. Abdul Hafeez Shaikh informed the
House during question hour that the loans have been
written-off for residents of terrorism hit Malakand,
Swat, Buner and Chitral districts.
He said a summary regarding writing-off loan worth additional
four hundred million rupees is with the Prime Minister
and the approval will be made in a couple of days.
The Minister said after the approval residents of other
districts including Bajaur will also be benefited in
future in this regard.
Moreover, Hafeez Shaikh informed the House that a sum
of Rs1898.5 billion has been invested by the people
in various schemes of National Savings up to November
30, 2011.
Main
Features & Allocations of Budget for FY 2011-12
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