Provinces to Receive Oil & Gas Profit
Notably, a Senate committee has given the federal administration two weeks to propose a mechanism for sharing oil and gas profits with provinces.
Notably, a Senate committee has given the federal administration two weeks to propose a mechanism for sharing oil and gas profits with provinces.
Article outline
- What happened
- Why it matters
- The details
- The bottom line
Key points
- The chairperson remarked the ongoing insurgency in Balochistan required the full implementation of the 18th Amendment.
- Establishment Division Secretary Nabeel Awan backed the committee's position but stated there was no quota system for promotions.
- The committee cautioned that disciplinary action could be taken against Petroleum Division if the administration failed to present an acceptable mechanism.
- The committee additionally triggered concern over the enforcement of provincial quotas in federal employment and the distribution of rights and benefits from oil and gas resources.
- Obtain the latest business news, market insights, and economic updates wherever you prefer.
Meanwhile, the committee asked the administration to comply with Article 172(3) of the Constitution by either transferring half of the oil and gas fields to the provinces or sharing the profits generated from them. New 5-Year Auto Policy Nears Final Approval.
Meanwhile, the committee cautioned that disciplinary action could be taken against Petroleum Division if the administration failed to present an acceptable mechanism.
Notably, the committee additionally triggered concern over the enforcement of provincial quotas in federal employment and the distribution of rights and benefits from oil and gas resources.
For context, the chairperson remarked the ongoing insurgency in Balochistan required the full implementation of the 18th Amendment.
Establishment Division Secretary Nabeel Awan backed the committee's position but stated there was no quota system for promotions. Committee members disagreed with this position. Stay Connected with ProPakistani.
Obtain the latest business news, market insights, and economic updates wherever you prefer. Follow on Google Discover. Follow on Google News Join WhatsApp. See more ProPakistani stories in Google Search and Top Stories.
In short, provinces to Receive Oil & Gas Profit is the central thread here, and readers can expect follow-up reporting as the picture becomes clearer.
