Printer Friendly

Establishment of Prime Minister flood relief fund notified.

ISLAMABAD, August 08, 2010 (Balochistan Times): The Ministry of Finance has notified the establishment/opening of Prime Ministers Flood Relief Funds 2010 with immediate effect for providing relief to the people for the flood affectees in the country. According to the notification, the fund would mobilize resources and pro-actively rendering a helping hand in the relief efforts to the people affected by the floods. The proceeds on account of Prime Ministers Relief Fund 2010 and payments into the aforesaid Fund would be received at all branches of State Bank of Pakistan , All treasuries branches of National Bank of Pakistan and all other Schedule banks. The Fund may receive donations from both domestic, international donors and contributions from abroad which will be received at all the branches of above referred banks. In other foreign countries contributions will be received at Pakistan Missions and remitted to state bank of Pakistan. App proceeds received in the name of the Fund will be credited to the public account of the federal government under following head of account: G12-Special Deposit Fund: G121-Relief Fund: G12140-Prime Ministers Flood Relief Fund -2010. The Prime Minister has directed that all members of the Federal Cabinet including the Prime Minister will contribute their one months salary while all officers in BS-17 and above will contribute their one day salary in the Flood Relief Fund. The Accounts of Fund will be maintained by the Account General of Pakistan Revenue (AGPR) Islamabad. The Fund will be administered by the federal government and the expenditure from this fund will be incurred under authorization to be made by the Cabinet Division in consultation with the Finance Division. Guide lines will be issued by the Cabinet Division accordingly, the notification said.

COPYRIGHT 2010 Asia Pulse Pty Ltd
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2010 Gale, Cengage Learning. All rights reserved.

 Reader Opinion




Article Details
Printer friendly Cite/link Email Feedback
Publication:Balochistan Times (Baluchistan Province, Pakistan)
Date:Aug 8, 2010
Previous Article:Intense rescue/relief efforts undertaken: ISPR.
Next Article:Pak set up Charity Bazaar in Malaysia for flood affectees.

Terms of use | Copyright © 2015 Farlex, Inc. | Feedback | For webmasters