Naya KPK | News & Updates on the development in KPK.
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Khurram541
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Wonder Why PTI who came with a slogan of changing this traditional system is now fully following the same dirty tactics and publicity campaigns to malign the govt rather than doing something good in the province.
All I see are different pictures posted by PTI followers with slogans tabdeeli in sports, transport, health, food system etc but Im afraid that if they say that federal govt is unable to bring any change and improvements in the system, does PTI have a magic stick to do so???
All I see are different pictures posted by PTI followers with slogans tabdeeli in sports, transport, health, food system etc but Im afraid that if they say that federal govt is unable to bring any change and improvements in the system, does PTI have a magic stick to do so???
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Imran Khan speech in Peshawar - 22nd July 2014Siasi Tv
not complete but talks about police reforms in KP.
not complete but talks about police reforms in KP.
Jazzbot
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And how do you think that there isn't any change in KPK till date? Care to explain?
Jazzbot
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KP launches Rs1 bn Islamic micro credit scheme
PESHAWAR: The Khyber Pakhtunkhwa government on Monday launched Rs1 billion Islamic Micro Finance scheme to provide loans to around 170,000 people for medium and small businesses in the province.
The Islamic Micro Credit scheme will be implemented through the sole public-sector bank operating in the province, the Bank of Khyber.The provincial government on Monday signed a memorandum of understanding (MoU) with the Bank of Khyber to implement the scheme. Imran Samad, managing director of the bank and secretary Finance Khyber Pakhtunkhwa Said Badshah Bukhari, signed the MoU at a function where Chief Minister Pervez Khattak was the chief guest. Finance Minister Sirajul Haq, who is the head of the Jamaat-i-Islami, attended as the guest of honour.
The seed money of one billion rupees will be provided by the provincial government to the Bank of Khyber, which will charge its loan management fee at the rate four percent upfront to disburse the loans under the scheme.
The Bank of Khyber will also charge 15 percent recovery charges on outstanding loans. Initially, the loans would be given in Peshawar and Mardan divisions, which include the districts of Peshawar, Charsadda, Nowshera, Mardan and Swabi.
The loans would be extended to borrowers on Islamic mode of finance products such as Mudaraba, Murabaha and Ijara.According to the documents, the aim of the scheme is to extend loans to the people living below the poverty line under the Islamic mode to enable them to earn their living and alleviate the poverty in the province.
However, it would not be profit-free loan but the profit will be charged on product to product basis. Addressing the ceremony, Chief Minister Pervez Khattak said the government had initiated the agenda of change for which the Pakistan Tehrik-e-Insaf (PTI) had been voted to power.
He said the agenda of change and reforms had started with the approval of the Finance Bill 2014-15 wherein Rs1 billion Islamic Micro Credit scheme and a pro-poor project of Rs 7 billion were proposed for the welfare of the low-income population.
The poor-friendly policies of the government had started paying dividends, he argued, adding that the provincial government was showing zero tolerance to corruption in the province. “We have promulgated the Right to Information (RTI) and Right to Public Services (RPS) acts and set up the offices of chief commissioners RTI and RPS to ensure good governance in the province,” Pervez Khattak said.
He stated that the Bank of Khyber had been advised to provide hassle-free loan to applicants for small businesses under the Islamic Micro Credit scheme and ensure repayment so that the scheme could be run on self-sustained basis.
Earlier, Finance Minister Sirajul Haq said several banks were facilitating interest-free loan schemes in the country and a number of Islamic banks were operating in the country, but the Bank of Khyber was the first in the country to implement the Islamic Micro Credit scheme.
KP launches Rs1 bn Islamic micro credit scheme - thenews.com.pk
PESHAWAR: The Khyber Pakhtunkhwa government on Monday launched Rs1 billion Islamic Micro Finance scheme to provide loans to around 170,000 people for medium and small businesses in the province.
The Islamic Micro Credit scheme will be implemented through the sole public-sector bank operating in the province, the Bank of Khyber.The provincial government on Monday signed a memorandum of understanding (MoU) with the Bank of Khyber to implement the scheme. Imran Samad, managing director of the bank and secretary Finance Khyber Pakhtunkhwa Said Badshah Bukhari, signed the MoU at a function where Chief Minister Pervez Khattak was the chief guest. Finance Minister Sirajul Haq, who is the head of the Jamaat-i-Islami, attended as the guest of honour.
The seed money of one billion rupees will be provided by the provincial government to the Bank of Khyber, which will charge its loan management fee at the rate four percent upfront to disburse the loans under the scheme.
The Bank of Khyber will also charge 15 percent recovery charges on outstanding loans. Initially, the loans would be given in Peshawar and Mardan divisions, which include the districts of Peshawar, Charsadda, Nowshera, Mardan and Swabi.
The loans would be extended to borrowers on Islamic mode of finance products such as Mudaraba, Murabaha and Ijara.According to the documents, the aim of the scheme is to extend loans to the people living below the poverty line under the Islamic mode to enable them to earn their living and alleviate the poverty in the province.
However, it would not be profit-free loan but the profit will be charged on product to product basis. Addressing the ceremony, Chief Minister Pervez Khattak said the government had initiated the agenda of change for which the Pakistan Tehrik-e-Insaf (PTI) had been voted to power.
He said the agenda of change and reforms had started with the approval of the Finance Bill 2014-15 wherein Rs1 billion Islamic Micro Credit scheme and a pro-poor project of Rs 7 billion were proposed for the welfare of the low-income population.
The poor-friendly policies of the government had started paying dividends, he argued, adding that the provincial government was showing zero tolerance to corruption in the province. “We have promulgated the Right to Information (RTI) and Right to Public Services (RPS) acts and set up the offices of chief commissioners RTI and RPS to ensure good governance in the province,” Pervez Khattak said.
He stated that the Bank of Khyber had been advised to provide hassle-free loan to applicants for small businesses under the Islamic Micro Credit scheme and ensure repayment so that the scheme could be run on self-sustained basis.
Earlier, Finance Minister Sirajul Haq said several banks were facilitating interest-free loan schemes in the country and a number of Islamic banks were operating in the country, but the Bank of Khyber was the first in the country to implement the Islamic Micro Credit scheme.
KP launches Rs1 bn Islamic micro credit scheme - thenews.com.pk
Jazzbot
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Islamic microfinance banking: Khyber Pakhtunkhwa government, BoK sign MoU
The provincial government of Khyber Pakhtunkhwa and the Bank of Khyber signed a memorandum of understanding regarding "Islamic microfinance banking" on eve of completion of 10-year of 'Raast Islamic Banking'. The bank acting Managing Director Imran Samad and KP Finance Secretary Syed Saeed Badshah Bokhari formally signed the agreement at a ceremony held at a local hotel on Monday.
Khyber Pakhtunkhwa Chief Minister Pervez Khattak participated in the ceremony as chief guest. KP senior Minister for Finance, and Ameer Jamaat-e-Islamic Sirajul Haq, acting Managing Director of the Bank of Khyber Imran Samad, Secretary Finance Syed Saeed Badshah Bokhari, BoK Head of marketing Syed Ali Nawaz Gilani, members of board of directors, industrialists and businessmen were present on the occasion.
Speaking on the occasion, the KP Chief Minister said the government of Khyber Pakhtunkhwa was going taking a historic and milestone step in Islamic micro financing. He said the government has planned to establish an autonomous micro finance bank within next two year. He said the people voted to power to the PTI to bring change in the province, because they had frustrated by wrong policies of former governments and wanted to end politics of status quo forever.
He said the KP government was launching a scheme for provision of flour and ghee on subsidise rates through which more than 0.5million people would be benefited. Khattak said the provincial government has taken steps for brining reforms in all sectors of the government, particularly economic uplift, curbing deforestation, tapping on oil and mineral resources in a befitting manner.
Similarly, he said the legislation process has expedited and a number of laws have been passed like the Right of Information, Right to Public Service Act and other laws. The process of reforms has been geared up in terrorism-infested Khyber Pakhtunkhwa and the provincial government was fully following the change agenda to ensure good governance, transparency and accountability in the province, the KP CM said and added KP was being confronted with poor financial conditions for last so many decades.
Despite the poor financial conditions of KP, Khattak said, the federal government has not given due rights, especially not releasing outstanding dues of net hydel profits and water. He said Rs 134 billion has been outstanding against the Centre on net hydel profits while Rs 118 billion on the water head. He said the Khyber Pakhtunkhwa had also ignored in the Public Sector Development Scheme (PSDP) and not giving its due share in mega development schemes.
Earlier, speaking on the occasion, KP Senior Finance Minister and JI Ameer Sirajul Haq said the launching of Islamic micro finance was a revolutionary step and the provincial government has getting progress in this regard. He termed the present interest system an exploitation of the people of the country. "Today we are sowing a seed, which will become tall tree," the KP Finance Minister said.
Sirajul Haq said KP was facing financial constraints and other issues, despite that it has allocated Rs 1 billion for Islamic micro finance, which is introducing as experimental basis in the province. In his speech, Imran Samad, the BoK acting Managing Director, said the bank has earned Rs 1 billion profit and stood a progressive bank among other banks and financial indicators during last two years. He said the Bank has completed a decade of its 'Raast Islamic Banking', which is milestone and biggest achievement for the bank. Samad informed that a total 101 BoK branches have been functioning in the country, out of which 44 were providing Islamic banking facility. He said the provincial KP government and BoK have striving for provision of maximum opportunities of jobs in the province and launching of Islamic microfinance a part in this effort.
Islamic microfinance banking: Khyber Pakhtunkhwa government, BoK sign MoU | Business Recorder
The provincial government of Khyber Pakhtunkhwa and the Bank of Khyber signed a memorandum of understanding regarding "Islamic microfinance banking" on eve of completion of 10-year of 'Raast Islamic Banking'. The bank acting Managing Director Imran Samad and KP Finance Secretary Syed Saeed Badshah Bokhari formally signed the agreement at a ceremony held at a local hotel on Monday.
Khyber Pakhtunkhwa Chief Minister Pervez Khattak participated in the ceremony as chief guest. KP senior Minister for Finance, and Ameer Jamaat-e-Islamic Sirajul Haq, acting Managing Director of the Bank of Khyber Imran Samad, Secretary Finance Syed Saeed Badshah Bokhari, BoK Head of marketing Syed Ali Nawaz Gilani, members of board of directors, industrialists and businessmen were present on the occasion.
Speaking on the occasion, the KP Chief Minister said the government of Khyber Pakhtunkhwa was going taking a historic and milestone step in Islamic micro financing. He said the government has planned to establish an autonomous micro finance bank within next two year. He said the people voted to power to the PTI to bring change in the province, because they had frustrated by wrong policies of former governments and wanted to end politics of status quo forever.
He said the KP government was launching a scheme for provision of flour and ghee on subsidise rates through which more than 0.5million people would be benefited. Khattak said the provincial government has taken steps for brining reforms in all sectors of the government, particularly economic uplift, curbing deforestation, tapping on oil and mineral resources in a befitting manner.
Similarly, he said the legislation process has expedited and a number of laws have been passed like the Right of Information, Right to Public Service Act and other laws. The process of reforms has been geared up in terrorism-infested Khyber Pakhtunkhwa and the provincial government was fully following the change agenda to ensure good governance, transparency and accountability in the province, the KP CM said and added KP was being confronted with poor financial conditions for last so many decades.
Despite the poor financial conditions of KP, Khattak said, the federal government has not given due rights, especially not releasing outstanding dues of net hydel profits and water. He said Rs 134 billion has been outstanding against the Centre on net hydel profits while Rs 118 billion on the water head. He said the Khyber Pakhtunkhwa had also ignored in the Public Sector Development Scheme (PSDP) and not giving its due share in mega development schemes.
Earlier, speaking on the occasion, KP Senior Finance Minister and JI Ameer Sirajul Haq said the launching of Islamic micro finance was a revolutionary step and the provincial government has getting progress in this regard. He termed the present interest system an exploitation of the people of the country. "Today we are sowing a seed, which will become tall tree," the KP Finance Minister said.
Sirajul Haq said KP was facing financial constraints and other issues, despite that it has allocated Rs 1 billion for Islamic micro finance, which is introducing as experimental basis in the province. In his speech, Imran Samad, the BoK acting Managing Director, said the bank has earned Rs 1 billion profit and stood a progressive bank among other banks and financial indicators during last two years. He said the Bank has completed a decade of its 'Raast Islamic Banking', which is milestone and biggest achievement for the bank. Samad informed that a total 101 BoK branches have been functioning in the country, out of which 44 were providing Islamic banking facility. He said the provincial KP government and BoK have striving for provision of maximum opportunities of jobs in the province and launching of Islamic microfinance a part in this effort.
Islamic microfinance banking: Khyber Pakhtunkhwa government, BoK sign MoU | Business Recorder
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Jazzbot
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Khyber Pakhtunkhwa armours police vehicles
Another good step in right direction, although these are not APCs but at least they are increasing the protection on their vehicles. Initially these vehicles will be deployed in areas bordering tribal belt and FATA.
KP police setting examples and taking the lead again..
Another good step in right direction, although these are not APCs but at least they are increasing the protection on their vehicles. Initially these vehicles will be deployed in areas bordering tribal belt and FATA.
KP police setting examples and taking the lead again..
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at sasta atta scheme, Rs 8 billion subsidy.
Awami hakumat. #NayaKPK
Jazzbot
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Good buy Siraj ul Haq, you did a great job for KPK as finance minister. 
Emirates announces resumption of flight operations to Peshawar – The Express Tribune
Emirates announces resumption of flight operations to Peshawar – The Express Tribune
nomi007
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