The 23rd Prime minister of Pakistan

[Pracs]

Mr. Shaukat Aziz as the 23rd Prime mininster of Pakistan. So what do the finance professionals community have to say about that.

I think the means may not be all that kosher, but the candidate is the right one. We finally do need a technocrat to run this country, we have tried on Feudals, industralists and what not.





Edited by - pracs on Aug 27 2004 95727 PM

[Azeem Shah Khan]

one eyed man is a prince in blinds' city

azeem

[Pracs]

Half a loaf is better than no bread...

We Thank you o God

[jbladeus]

Lol... nice ones guys.

Its a marketing ploy and i must say one which was badly required. By presenting Mr. Aziz as PM, we're marketing Pakistan as a softer, more business-oriented nation to the donors and investors. Mush realises that Pakistan has to focus solely on its economy for atleast the next 10-15 years and for that we need an internationally respected finance guy at the helm of affairs. If we dont focus on our economy, we will be left in the last quarter of the list of 200 or so nations forever in the social and economic development scales.

Though what irks me in all this are the means through which these things are being done. I just hope and pray that these acts, like the referendum, making pact with corrupt politicains like shujaat, faisal saleh etc, and these bye-elections dont hurt the nation in the longer run, because such things can really screw up the democratic psyche of a nation. And no... i aint an ARD guy to be saying all this. Am a true Mush fan! <img src=icon_smile.gif border=0 align=middle>

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Arrrgh... it sure's gonna be mighty rough sailin' today ... mates!

[Azeem Shah Khan]

MUSH rahe KHUSH with all the powers in his hand

though i m not a big believer of a so-called democracy, i still think that he is better than many, it sounds sad for country like pakistan that we cannot produce ONE sincere leader.

azeem

[Pracs]

The PM's first official duty of picking up a cabinet sucks... 32 ministers (retaining all of the older ones,, and picking up more from the partiots.. (read black mailers)). well, hope it turns up better.

What's this crap about Minister of state (junior minister) and Federal Minister (Senior !). Did we have this earlier...??? So what is each ministry going to have two ministers !!, there is already talk of spliting up a lot of ministries just to cater the new flaggies...

[Goodman]

there are certain sectors of the politics which are instiutionally outside the framework of their existance. Shukat Aziz is claimed to be the one who will take us to safety. Let the history repeat again, this experiment have always ended in tears. The reason is Politics start where managment ends and Shukat aziz is an expert manager only not a politican.

[Pracs]

I hope history doesn't repeat itself,.. for Pakistan's sake... I wish Shaukat Aziz all the best for his endevours

[Pracs]

PM's first memo to ministers,, much in style of the corporate world, I'd say its a refreshing idea to start with


Ministers told to outline six priority objectives
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http//www.dawn.com/2004/09/08/top3.htm

By Our Staff Reporter

ISLAMABAD, Sept 7 Prime Minister Shaukat Aziz has directed all federal ministers, ministers of state and federal secretaries to submit by Sept 11 their six-point priority goals along with their proposed implementation deadlines.

A senior official of the prime minister's secretariat told Dawn on Tuesday that a letter had been sent to all the ministers and secretaries reminding them of the prime minister's speech to the cabinet members last week in which he had told the ministers to work with full dedication and time bound targets for achieving results. They have also been asked to give their proposed strategies to implement these targets.

He said all the ministers and secretaries would submit their six-point agenda and their implementation time line which would be reviewed by the prime minister at a meeting next week. The ministers and secretaries would attend the meeting.

He said the agenda and their implementation strategies would be approved by the prime minister with modifications, if so required, and would be given quarterly deadlines to meet those targets. The quarterly meetings to be presided over by the prime minister would examine the implementation status and approve targets for the next quarter.

The official said that the purpose of the exercise was to minimize red-tapism in the functioning of the government, introduce good governance and make full and effective utilization of the public sector development programme for reducing poverty and increasing employment opportunities through broad-based development.

He said the government had already directed all the ministries and divisions to incur 25 per cent expenditure of the development budget by Sept 30, 2004, to ensure maximum budget utilization during the current fiscal year.

Furthermore, all the ministries and divisions have also been authorised to incur 40 per cent expenditure of their current budgets during the first half (July 1-Dec 31) of the current fiscal year, 2004-05.

The sources said the government had been under criticism for low utilization of development allocations during first two to three quarters of each fiscal year that later resulted in bulk releases in the fourth quarter. This practice compromised the quality of funding utilization.

The government has to face questions every now and then that there is no use for announcing higher allocations for the development budget when real utilization remains usually low due to deterioration of the implementation capacity both at the federal and provincial levels.

It has, therefore, been decided by the government to authorise the federal secretaries to utilize 25 per cent of the development budget in each quarter so as to ensure maximum utilization of public sector development programme (PSDP) every year.

The government has already empowered the federal secretaries/principal accounting officers to utilize up to 50 per cent and 45 per cent of the social sector and other development allocations without prior approval of the ministry of finance.

In 11 months of the last fiscal year, the total utilization had amounted to about 54 per cent of the total allocation but remaining 46 per cent funds were utilized in the month of June 2004.



"Allah does not change the state of people unless they change what is within themselves" Quran 1311

Edited by - pracs on Sep 08 2004 112259 AM