Islamabad: The federal government on Tuesday requested Prime Minister (PM) Imran Khan’s recently consolidated economic think tank to limit its scope of work to the three key concerns of boosting social safety nets, enhancing the role of banks and financial institutions, and launching low and medium-cost housing initiatives within the country, according to news sources.
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The meeting of the said think tank was held with Adviser to PM on Finance and Revenue Dr Abdul Hafeez Shaikh as the chair. During the meeting, the attendees were informed that the premiere requires the tank to focus on three specified tasks, instead of the six domains previously identified.
Additionally, the meeting also mulled over introducing a ‘Digital Account Scheme for overseas Pakistanis’ and debated its objectives, key mechanics, features and administrative/regulatory challenges.
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The meeting mainly targeted banks and finance issues. Sultan Ali Allana presented the collaborated efforts of the Committee on Banks and the Financial Institutions aimed at improving liquidity and credit for individual, business and corporate entities.
Moreover, Shaukat Tarin revealed that the think tank has held several consultative sessions, with officials from the Naya Pakistan Housing Authority (NPHA) and other stakeholders, to come up with recommendations for boosting the housing sector investments and promoting multiple financing options.