06-21-2024, 04:24 PM
Ybzy Passport-free entry to Kartarpur under study
PESHAWAR:The Pakistan Atomic Energy Commission (PAEC) has drawn criticism from the Auditor General of Pakistan for exercising financial indiscipline in h yeezys andling its monetary affairs.The audit stated that concerned officials in the PAEC did not discharge their official responsibilities, and pointed out irregularities in the commission.However, Shahid Riaz Khan, a director in PAEC, told The Express Tribune that no such document had been received by the P yeezy slide AEC through official channels from the relevant sector, so [ther dunk low e is] no question of any comment or response at this stage. A draft report for 2011-12 revealed that the audit team, while reviewing Cash Book of Assignment Account No 502-9, observed that funds of around Rs4,288.600 million were transferred from the Assignment Accounts to current account No 410-0 maintained at the National Bank of Pakistan.Further scrutiny of the cash book of account no 410-0 revealed that there was an opening balance of Rs1,782 million in the account. Afte ISLAMABAD:Finance Adviser Shaukat Tarin has identified instability in the exchange rate as a major drawback to control inflation as he maintained that the government was trying to overcome the surge in prices.In an interview wit stanleycup h a private TV channel on Tuesday, Tarin said instability in the exchange rate has increased inflation and the government was trying to lessen its burden on people belonging to the low-income group.Tarin attributed inflation to a decline in the exchange rate, saying the government needed to keep it near to the quot;real effective exchange rate quot; that is Rs166-167.He said the government should not let the exchange rate overvalue or undervalue, adding that the government should have bought the US dollars when it was Rs152 and sold it at Rs175.Tarin s nike 97 aid the rupee was undervalued by Rs9, adding that this was affecting food imports causing inflation.Read More:Rupee drop newbalance 530 s to historic lowEarlier this month, Tarin had blamed speculators for the rise in the value o
PESHAWAR:The Pakistan Atomic Energy Commission (PAEC) has drawn criticism from the Auditor General of Pakistan for exercising financial indiscipline in h yeezys andling its monetary affairs.The audit stated that concerned officials in the PAEC did not discharge their official responsibilities, and pointed out irregularities in the commission.However, Shahid Riaz Khan, a director in PAEC, told The Express Tribune that no such document had been received by the P yeezy slide AEC through official channels from the relevant sector, so [ther dunk low e is] no question of any comment or response at this stage. A draft report for 2011-12 revealed that the audit team, while reviewing Cash Book of Assignment Account No 502-9, observed that funds of around Rs4,288.600 million were transferred from the Assignment Accounts to current account No 410-0 maintained at the National Bank of Pakistan.Further scrutiny of the cash book of account no 410-0 revealed that there was an opening balance of Rs1,782 million in the account. Afte ISLAMABAD:Finance Adviser Shaukat Tarin has identified instability in the exchange rate as a major drawback to control inflation as he maintained that the government was trying to overcome the surge in prices.In an interview wit stanleycup h a private TV channel on Tuesday, Tarin said instability in the exchange rate has increased inflation and the government was trying to lessen its burden on people belonging to the low-income group.Tarin attributed inflation to a decline in the exchange rate, saying the government needed to keep it near to the quot;real effective exchange rate quot; that is Rs166-167.He said the government should not let the exchange rate overvalue or undervalue, adding that the government should have bought the US dollars when it was Rs152 and sold it at Rs175.Tarin s nike 97 aid the rupee was undervalued by Rs9, adding that this was affecting food imports causing inflation.Read More:Rupee drop newbalance 530 s to historic lowEarlier this month, Tarin had blamed speculators for the rise in the value o