Kumari Palany & Co

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Finance ministry gains more power

Posted on: 30/Oct/2014 4:02:19 PM
Aiming to give the finance ministry a pivoted role in each one of the aspects of economic dimensions, the Cabinet Secretariat has instructed ministries and departments to obtain the approval of finance ministry for any sort of recommendations for appraisal bodies like Expenditure Finance Committee (EFC), the Public Investment Board (PIB), the Foreign Investment Promotion Board (FIPB), etc before those are sent to the cabinet for approval.