نکی چڑی بھی عمران خان کو الو بنا گئی - چالیس ارب روپے فالتو دیکھا دیئے

RajaRawal111

Prime Minister (20k+ posts)
پچھلے دنوں خان صاحب کارکردگی سرٹیفکیٹ بانٹ رھے تھے تو یہ چھوٹی سی ننی منی چڑیا (عرف مراد سعید) پوری کلاس میں فشٹ آئی تھی - اور اس کو انعام ملا تھا اور بہت سے تالیاں بجی تھیں --- ننی منی چڑیا کو انعام اس لئے ملا کہ اس کی منیشٹری نے سب سے زیادہ پیسے کماۓ تھے
پتا چلا کہ چالیس ارب روپیہ پاور کمپنیز کے نیچے دبا کر بیٹھا ہوا تھا ---
ننی منی سی چھوٹی سی چڑیا بھی عمران خان کو الو بنا گئی -- ہی ہی

Pakistan Post unable to clear Rs40bn electricity bills

ISLAMABAD: Pakistan Post has been unable to clear more than Rs40 billion in utility bills it has accumulated on behalf of electricity distribution companies (Discos), including K-Electric, and other public service agencies.

The power secretary has called an emergency meeting on Thursday of electricity distribution companies, representatives of the ministries of finance and communications, the Pakistan Post director general and others to address the challenge, given the fact that power companies had to resort to expensive bank borrowing despite government guarantees to clear liabilities of fuel suppliers and power producers.

In its notice to the relevant stakeholders, the Power Division said Discos had claimed that “post officers have been illegally retaining their electricity bill collection since July 2021 and not transferring the collected amount to them, resulting in huge cash shortfalls”.

It is worth noting that Pakistan Post works under the Ministry of Communications, headed by Murad Saeed, which topped the list of 10 best performing ministries issued last month.


On the other hand, Communications Secretary Zafar Hasan has confirmed the ministry’s payables worth Rs36.643bn to various utility agencies and appealed to the Ministry of Finance to intervene to clear its liabilities. The secretary explained that Pakistan Post had been providing services to other entities, including collection of utility bills, for a long time.

“Funds are collected on behalf of various companies and deposited in Central Account No.1 (Non-Food) and released to respective partners on release of funds by the Finance Division,” he said.

The process has been discontinued by the Ministry of Finance which is now releasing funds relating only to employees and operational expenses to Pakistan Post. “Resultantly, the amounts collected on behalf of partner organisations are not being cleared and their liabilities are increasing with every passing day,” the communications secretary said, adding that as of mid-February, Rs36.643bn liabilities had accrued and the companies were pressing hard for their clearance.

Mr Hasan asked Finance Secretary Hamed Yaqoob Shaikh to “release funds amounted to Rs36.643bn collected by Pakistan Post on behalf of companies and deposited in Account No.1 so that their liabilities could be cleared at the earliest”.

Data shows that a total amount of Rs35.34bn of 10 electricity companies is stuck up with Pakistan Post while over Rs4bn is payable to other agencies like gas companies (Rs2bn each of SSGCL and SNGPL) and water supply agencies of Karachi, Lahore, Gujranwala and Faisalabad.

The liabilities include Rs8.2bn of Multan Electric, Rs5.14bn of Lahore Electric, Rs4.9bn of Peshawar Electric, Rs4.1bn of K-Electric, Rs4bn of Gujranwala Electric, Rs3bn of Faisalabad Electric, Rs2.4bn of Hyderabad Electric, Rs2.1bn of Islamabad Electric, Rs900 million of Quetta Electric and Rs700m of Sukkur Electric.

“On February 10, the prime minister awarded certificates to the top 10 best performing ministries and the Ministry of Communications was ranked as the top performer and federal minister Murad Saeed was hailed for his leadership despite his young age,” said an official of the Power Division, which could not make it to the list of top 10 along with key divisions like establishment, interior and finance, to name a few.

The performance of the ministries was assessed on the basis of meeting targets set for them by the PM Office in agreements signed with them. The rationale behind these agreements was to address public issues and formulate more effective policy, driving a move towards improved governance.

A Pakistan Post official said the organisation had been expanding rapidly with plans to open over 100,000 franchises. He said the department had in a couple of weeks ago signed an agreement with the Punjab excise, taxation and narcotics control department to deliver number plates, smart cards and registration documents of vehicles on consumers’ doorsteps.

Published in Dawn, March 17th, 2022

 

A.jokhio

Minister (2k+ posts)
پچھلے دنوں خان صاحب کارکردگی سرٹیفکیٹ بانٹ رھے تھے تو یہ چھوٹی سی ننی منی چڑیا (عرف مراد سعید) پوری کلاس میں فشٹ آئی تھی - اور اس کو انعام ملا تھا اور بہت سے تالیاں بجی تھیں --- ننی منی چڑیا کو انعام اس لئے ملا کہ اس کی منیشٹری نے سب سے زیادہ پیسے کماۓ تھے
پتا چلا کہ چالیس ارب روپیہ پاور کمپنیز کے نیچے دبا کر بیٹھا ہوا تھا ---
ننی منی سی چھوٹی سی چڑیا بھی عمران خان کو الو بنا گئی -- ہی ہی

Pakistan Post unable to clear Rs40bn electricity bills

ISLAMABAD: Pakistan Post has been unable to clear more than Rs40 billion in utility bills it has accumulated on behalf of electricity distribution companies (Discos), including K-Electric, and other public service agencies.

The power secretary has called an emergency meeting on Thursday of electricity distribution companies, representatives of the ministries of finance and communications, the Pakistan Post director general and others to address the challenge, given the fact that power companies had to resort to expensive bank borrowing despite government guarantees to clear liabilities of fuel suppliers and power producers.

In its notice to the relevant stakeholders, the Power Division said Discos had claimed that “post officers have been illegally retaining their electricity bill collection since July 2021 and not transferring the collected amount to them, resulting in huge cash shortfalls”.

It is worth noting that Pakistan Post works under the Ministry of Communications, headed by Murad Saeed, which topped the list of 10 best performing ministries issued last month.


On the other hand, Communications Secretary Zafar Hasan has confirmed the ministry’s payables worth Rs36.643bn to various utility agencies and appealed to the Ministry of Finance to intervene to clear its liabilities. The secretary explained that Pakistan Post had been providing services to other entities, including collection of utility bills, for a long time.

“Funds are collected on behalf of various companies and deposited in Central Account No.1 (Non-Food) and released to respective partners on release of funds by the Finance Division,” he said.

The process has been discontinued by the Ministry of Finance which is now releasing funds relating only to employees and operational expenses to Pakistan Post. “Resultantly, the amounts collected on behalf of partner organisations are not being cleared and their liabilities are increasing with every passing day,” the communications secretary said, adding that as of mid-February, Rs36.643bn liabilities had accrued and the companies were pressing hard for their clearance.

Mr Hasan asked Finance Secretary Hamed Yaqoob Shaikh to “release funds amounted to Rs36.643bn collected by Pakistan Post on behalf of companies and deposited in Account No.1 so that their liabilities could be cleared at the earliest”.

Data shows that a total amount of Rs35.34bn of 10 electricity companies is stuck up with Pakistan Post while over Rs4bn is payable to other agencies like gas companies (Rs2bn each of SSGCL and SNGPL) and water supply agencies of Karachi, Lahore, Gujranwala and Faisalabad.

The liabilities include Rs8.2bn of Multan Electric, Rs5.14bn of Lahore Electric, Rs4.9bn of Peshawar Electric, Rs4.1bn of K-Electric, Rs4bn of Gujranwala Electric, Rs3bn of Faisalabad Electric, Rs2.4bn of Hyderabad Electric, Rs2.1bn of Islamabad Electric, Rs900 million of Quetta Electric and Rs700m of Sukkur Electric.

“On February 10, the prime minister awarded certificates to the top 10 best performing ministries and the Ministry of Communications was ranked as the top performer and federal minister Murad Saeed was hailed for his leadership despite his young age,” said an official of the Power Division, which could not make it to the list of top 10 along with key divisions like establishment, interior and finance, to name a few.

The performance of the ministries was assessed on the basis of meeting targets set for them by the PM Office in agreements signed with them. The rationale behind these agreements was to address public issues and formulate more effective policy, driving a move towards improved governance.

A Pakistan Post official said the organisation had been expanding rapidly with plans to open over 100,000 franchises. He said the department had in a couple of weeks ago signed an agreement with the Punjab excise, taxation and narcotics control department to deliver number plates, smart cards and registration documents of vehicles on consumers’ doorsteps.

Published in Dawn, March 17th, 2022

ahahah...current year profit and outstanding payable balance are two different things Mr....Finance people knows it...post se pehlay information le liya karain..
 

RajaRawal111

Prime Minister (20k+ posts)
ahahah...current year profit and outstanding payable balance are two different things Mr....Finance people knows it...post se pehlay information le liya karain..
Yes Yes - You saw it all before saying this.
You were the one giving the out the reports.
 

Dr Adam

Prime Minister (20k+ posts)


اک گل دس راجے! یار تُسی بے شرم پٹواری کھوتے اے ہارس ٹریڈنگ کس طرح کر لیندے او؟؟؟

کھوڑا تے بڑا معزز تے بزرگ جانور اے . الله نے تے قرآن اچ وی اودی قسم کھادی اے
اے بےغیرت پٹواری کھوتیاں نوں الله دے حکم دا وی کوئی ڈر خوف نئیں ؟؟؟

نرآض نہ ہوئیں یار . جسٹ فار مائی نالج سوال پُچھیا اے
 

Terminator;

Minister (2k+ posts)
پچھلے دنوں خان صاحب کارکردگی سرٹیفکیٹ بانٹ رھے تھے تو یہ چھوٹی سی ننی منی چڑیا (عرف مراد سعید) پوری کلاس میں فشٹ آئی تھی - اور اس کو انعام ملا تھا اور بہت سے تالیاں بجی تھیں --- ننی منی چڑیا کو انعام اس لئے ملا کہ اس کی منیشٹری نے سب سے زیادہ پیسے کماۓ تھے
پتا چلا کہ چالیس ارب روپیہ پاور کمپنیز کے نیچے دبا کر بیٹھا ہوا تھا ---
ننی منی سی چھوٹی سی چڑیا بھی عمران خان کو الو بنا گئی -- ہی ہی

Pakistan Post unable to clear Rs40bn electricity bills

ISLAMABAD: Pakistan Post has been unable to clear more than Rs40 billion in utility bills it has accumulated on behalf of electricity distribution companies (Discos), including K-Electric, and other public service agencies.

The power secretary has called an emergency meeting on Thursday of electricity distribution companies, representatives of the ministries of finance and communications, the Pakistan Post director general and others to address the challenge, given the fact that power companies had to resort to expensive bank borrowing despite government guarantees to clear liabilities of fuel suppliers and power producers.

In its notice to the relevant stakeholders, the Power Division said Discos had claimed that “post officers have been illegally retaining their electricity bill collection since July 2021 and not transferring the collected amount to them, resulting in huge cash shortfalls”.

It is worth noting that Pakistan Post works under the Ministry of Communications, headed by Murad Saeed, which topped the list of 10 best performing ministries issued last month.


On the other hand, Communications Secretary Zafar Hasan has confirmed the ministry’s payables worth Rs36.643bn to various utility agencies and appealed to the Ministry of Finance to intervene to clear its liabilities. The secretary explained that Pakistan Post had been providing services to other entities, including collection of utility bills, for a long time.

“Funds are collected on behalf of various companies and deposited in Central Account No.1 (Non-Food) and released to respective partners on release of funds by the Finance Division,” he said.

The process has been discontinued by the Ministry of Finance which is now releasing funds relating only to employees and operational expenses to Pakistan Post. “Resultantly, the amounts collected on behalf of partner organisations are not being cleared and their liabilities are increasing with every passing day,” the communications secretary said, adding that as of mid-February, Rs36.643bn liabilities had accrued and the companies were pressing hard for their clearance.

Mr Hasan asked Finance Secretary Hamed Yaqoob Shaikh to “release funds amounted to Rs36.643bn collected by Pakistan Post on behalf of companies and deposited in Account No.1 so that their liabilities could be cleared at the earliest”.

Data shows that a total amount of Rs35.34bn of 10 electricity companies is stuck up with Pakistan Post while over Rs4bn is payable to other agencies like gas companies (Rs2bn each of SSGCL and SNGPL) and water supply agencies of Karachi, Lahore, Gujranwala and Faisalabad.

The liabilities include Rs8.2bn of Multan Electric, Rs5.14bn of Lahore Electric, Rs4.9bn of Peshawar Electric, Rs4.1bn of K-Electric, Rs4bn of Gujranwala Electric, Rs3bn of Faisalabad Electric, Rs2.4bn of Hyderabad Electric, Rs2.1bn of Islamabad Electric, Rs900 million of Quetta Electric and Rs700m of Sukkur Electric.

“On February 10, the prime minister awarded certificates to the top 10 best performing ministries and the Ministry of Communications was ranked as the top performer and federal minister Murad Saeed was hailed for his leadership despite his young age,” said an official of the Power Division, which could not make it to the list of top 10 along with key divisions like establishment, interior and finance, to name a few.

The performance of the ministries was assessed on the basis of meeting targets set for them by the PM Office in agreements signed with them. The rationale behind these agreements was to address public issues and formulate more effective policy, driving a move towards improved governance.

A Pakistan Post official said the organisation had been expanding rapidly with plans to open over 100,000 franchises. He said the department had in a couple of weeks ago signed an agreement with the Punjab excise, taxation and narcotics control department to deliver number plates, smart cards and registration documents of vehicles on consumers’ doorsteps.

Published in Dawn, March 17th, 2022


لوجی' یہ خارشی کتّا اِس واری گنج پور کے رنڈی خانے کے گٹر میں ڈُبکی لگانے کے بعد
استعمال شدہ کنڈوم کا "پورا گھچّا" منہ میں دبائے پھر سے نمودار ہؤا
? ??
 

zaheer2003

Chief Minister (5k+ posts)
No but i know the line items and their reporting methodology...corporate n non corporate financial investigation n audits, is my professional field...
Spot on bro even to creating provision for a liability make hit your Profit and loss.

Phatwaari never use their brain ever
 

zaheer2003

Chief Minister (5k+ posts)
The performance of the ministries was assessed on the basis of meeting targets set for them by the PM Office in agreements signed with them. The rationale behind these agreements was to address public issues and formulate more effective policy, driving a move towards improved governance.
The actual thing ???
 

Okara

Prime Minister (20k+ posts)
ایک بڑا گنجاچور کوا پوری قوم کو نوتھیا بنا کر لندن اُڑ گیا۔۔
The day IK able to buy a bigger property than Nawaz doing corruption in London, he will start supporting him.
 

Husaink

Prime Minister (20k+ posts)
پچھلے دنوں خان صاحب کارکردگی سرٹیفکیٹ بانٹ رھے تھے تو یہ چھوٹی سی ننی منی چڑیا (عرف مراد سعید) پوری کلاس میں فشٹ آئی تھی - اور اس کو انعام ملا تھا اور بہت سے تالیاں بجی تھیں --- ننی منی چڑیا کو انعام اس لئے ملا کہ اس کی منیشٹری نے سب سے زیادہ پیسے کماۓ تھے
پتا چلا کہ چالیس ارب روپیہ پاور کمپنیز کے نیچے دبا کر بیٹھا ہوا تھا ---
ننی منی سی چھوٹی سی چڑیا بھی عمران خان کو الو بنا گئی -- ہی ہی

Pakistan Post unable to clear Rs40bn electricity bills

ISLAMABAD: Pakistan Post has been unable to clear more than Rs40 billion in utility bills it has accumulated on behalf of electricity distribution companies (Discos), including K-Electric, and other public service agencies.

The power secretary has called an emergency meeting on Thursday of electricity distribution companies, representatives of the ministries of finance and communications, the Pakistan Post director general and others to address the challenge, given the fact that power companies had to resort to expensive bank borrowing despite government guarantees to clear liabilities of fuel suppliers and power producers.

In its notice to the relevant stakeholders, the Power Division said Discos had claimed that “post officers have been illegally retaining their electricity bill collection since July 2021 and not transferring the collected amount to them, resulting in huge cash shortfalls”.

It is worth noting that Pakistan Post works under the Ministry of Communications, headed by Murad Saeed, which topped the list of 10 best performing ministries issued last month.


On the other hand, Communications Secretary Zafar Hasan has confirmed the ministry’s payables worth Rs36.643bn to various utility agencies and appealed to the Ministry of Finance to intervene to clear its liabilities. The secretary explained that Pakistan Post had been providing services to other entities, including collection of utility bills, for a long time.

“Funds are collected on behalf of various companies and deposited in Central Account No.1 (Non-Food) and released to respective partners on release of funds by the Finance Division,” he said.

The process has been discontinued by the Ministry of Finance which is now releasing funds relating only to employees and operational expenses to Pakistan Post. “Resultantly, the amounts collected on behalf of partner organisations are not being cleared and their liabilities are increasing with every passing day,” the communications secretary said, adding that as of mid-February, Rs36.643bn liabilities had accrued and the companies were pressing hard for their clearance.

Mr Hasan asked Finance Secretary Hamed Yaqoob Shaikh to “release funds amounted to Rs36.643bn collected by Pakistan Post on behalf of companies and deposited in Account No.1 so that their liabilities could be cleared at the earliest”.

Data shows that a total amount of Rs35.34bn of 10 electricity companies is stuck up with Pakistan Post while over Rs4bn is payable to other agencies like gas companies (Rs2bn each of SSGCL and SNGPL) and water supply agencies of Karachi, Lahore, Gujranwala and Faisalabad.

The liabilities include Rs8.2bn of Multan Electric, Rs5.14bn of Lahore Electric, Rs4.9bn of Peshawar Electric, Rs4.1bn of K-Electric, Rs4bn of Gujranwala Electric, Rs3bn of Faisalabad Electric, Rs2.4bn of Hyderabad Electric, Rs2.1bn of Islamabad Electric, Rs900 million of Quetta Electric and Rs700m of Sukkur Electric.

“On February 10, the prime minister awarded certificates to the top 10 best performing ministries and the Ministry of Communications was ranked as the top performer and federal minister Murad Saeed was hailed for his leadership despite his young age,” said an official of the Power Division, which could not make it to the list of top 10 along with key divisions like establishment, interior and finance, to name a few.

The performance of the ministries was assessed on the basis of meeting targets set for them by the PM Office in agreements signed with them. The rationale behind these agreements was to address public issues and formulate more effective policy, driving a move towards improved governance.

A Pakistan Post official said the organisation had been expanding rapidly with plans to open over 100,000 franchises. He said the department had in a couple of weeks ago signed an agreement with the Punjab excise, taxation and narcotics control department to deliver number plates, smart cards and registration documents of vehicles on consumers’ doorsteps.

Published in Dawn, March 17th, 2022

? نکی چڑی پر اتنا بڑا انگریجی کا مجمون اور وڈے سؤر کو بھنویا بنا کر چھوٹے جیہے اشٹامپ پر لنڈن مفرور کروا دیا واہ اوے پٹواڑیان ملت
 

RajaRawal111

Prime Minister (20k+ posts)


اک گل دس راجے! یار تُسی بے شرم پٹواری کھوتے اے ہارس ٹریڈنگ کس طرح کر لیندے او؟؟؟

کھوڑا تے بڑا معزز تے بزرگ جانور اے . الله نے تے قرآن اچ وی اودی قسم کھادی اے
اے بےغیرت پٹواری کھوتیاں نوں الله دے حکم دا وی کوئی ڈر خوف نئیں ؟؟؟

نرآض نہ ہوئیں یار . جسٹ فار مائی نالج سوال پُچھیا اے
ڈاکٹر صاحب قرآن وچ کھوتے نا ذکر وی اے
 

Sohail Shuja

Chief Minister (5k+ posts)
“Funds are collected on behalf of various companies and deposited in Central Account No.1 (Non-Food) and released to respective partners on release of funds by the Finance Division,” he said.

The process has been discontinued by the Ministry of Finance which is now releasing funds relating only to employees and operational expenses to Pakistan Post. “Resultantly, the amounts collected on behalf of partner organisations are not being cleared and their liabilities are increasing with every passing day,” the communications secretary said, adding that as of mid-February, Rs36.643bn liabilities had accrued and the companies were pressing hard for their clearance.

Mr Hasan asked Finance Secretary Hamed Yaqoob Shaikh to “release funds amounted to Rs36.643bn collected by Pakistan Post on behalf of companies and deposited in Account No.1 so that their liabilities could be cleared at the earliest”.
راجے، اسکا بھی ترجمہ کروا لے

میری عقلِ ناقص کے حساب سے پاکستان پوسٹ نے تو پیسے اکٹھے کر کے فنانس ڈویژن کے اکاوٗنٹ میں جمع کروا رکھے ہیں۔

دوسری بات یہ ہے میرا بھائی کہ جب بھی کوئی بیلنس شیٹ بنتی ہے، تو اسمیں ہمیشہ جو بھی واجب الادا رقومات ہوتی ہیں، انھیں علیحدہ دکھایا جاتا ہے اور وہ کبھی بھی منافع میں شامل نہیں ہوتیں۔

یقین نہیں آتا تو کسی بھی کمپنی کی بیلنس شیٹ کھول کر دیکھ لے ۔۔۔۔
accounts payable or Notes payable
کے نام سے تجھے کچھ اکاوٗنٹ نظر آئینگے اور انکی رقومات کو ہمیشہ منافع میں سے منہا کردیا جاتا ہے، چاہے کمپنی نے وہ پیسے ادا کیئے ہوں یا اپنے پاس بھلے سے دبا کر بھی بیٹھی ہو۔ یہ ان پر واجب الادا ہوتے ہیں۔

 

Sohail Shuja

Chief Minister (5k+ posts)
So this i good example of governance, not to do routine transfers??
At least you got the point that the payments are stuck at Finance Division and not at the Ministry of Communications.

Secondly, this 40Bn of retained payments, as compared to more than 2200 Bn of circular debt is really not something to worry about in particular. These things are being unnecessarily blown out of proportion.

Third, the response of the Ministry of Finance is missing in the news item, why?
 

Back
Top