Officials say incumbent CEO did not meet eligibility criteria at time of appointment
ETFs offer mechanism to invest in portfolio of Sukuk of different maturities and rates
Expenses fuelled by interest costs, other spending
ECP summons finance secretary, to write letter to PM
Kerosene, LDO, LPG rates fall
Government plans to hire commercial banks through competitive bidding
Decision comes as finance ministry submits statement signed by premier, denying he announced allocating funds to MPs
Revenue authority also initiates action against tainted employees
Finance Ministry predicts end to economic downturn, also sees rising inflation
Committee chairman calls for issuing displeasure note to officials