• Download the Constitution of Pakistan
  • Advertise
Sunday, December 14, 2025
  • Login
NEWSLETTER
ECONOMY
  • Business
  • Education
  • Entertainment
  • Finance
  • Health
  • Life & Style
  • Politics
  • Sports
  • Technology
No Result
View All Result
  • Business
  • Education
  • Entertainment
  • Finance
  • Health
  • Life & Style
  • Politics
  • Sports
  • Technology
No Result
View All Result
ECONOMY
No Result
View All Result
Home Main

Supreme Court orders SBP to release funds for Punjab polls

by News Publishing
April 14, 2023
in Main
Reading Time: 2 mins read
0
Supreme Court orders SBP to release funds for Punjab polls
Share on FacebookShare on TwitterLinkedinWhatsapp

According to sources, A Three-member Supreme Court bench voiced “annoyance” on Friday over the non-implementation of its ruling in the Punjab election postponement and asked the State Bank of Pakistan (SBP) to “release funds directly” to the Election Commission of Pakistan (ECP).

Today, the bench heard the case in chambers and issued orders to the relevant agencies.

SBP Deputy Governor Sima Kamil, special secretary finance, extra secretary finance, ECP secretary, and AGP Mansoor Usman Awan all appeared before the bench in accordance with the summons.

According to reports, during the hearing, judges voiced their displeasure with the non-implementation of court judgments and told the government that the orders would have to be followed.

According to officials who attended the session, Attorney General of Pakistan Mansoor Usman Awan was grilled on the government’s stance throughout the hearing.

“The federal government carried out the Supreme Court’s April 4 order,” the AGP told the bench. He also stated that the government had introduced legislation in the National Assembly to authorise the flow of monies from the Federal Consolidated funds.

“The government cannot ask the SBP to issue funds after the bill was rejected by the parliament,” AGP Awan remarked, according to sources.

The Supreme Court (SC) bench, led by Chief Justice of Pakistan (CJP) Umar Ata Bandial, had directed the electoral body to hold elections in Punjab on May 14, and the federal government to provide the Election Commission of Pakistan (ECP) with Rs21 billion by April 10.

However, the ECP submitted a report to the apex court on Tuesday stating that the federal government had not provided funds for the polls.

Tags: ECPlatestPunjab pollsSBPSupreme Court

News Publishing

Related Posts

PM shehbaz launches regulatory reforms

PM Shehbaz Says Pakistan Economy Out of Crisis

by Anum Arif
December 13, 2025
0

Prime Minister Muhammad Shehbaz Sharif on Saturday said that Pakistan’s economy has emerged from severe difficulties due to the untiring...

PM urges world to press afghanistan on terror threat

PM Shehbaz Urges Global Action on Afghan-Based Terror Threat

by Anum Arif
December 12, 2025
0

Prime Minister Shehbaz Sharif has urged the international community to press the Afghan Taliban to fulfil their global commitments and...

reko diq pak usa

Reko Diq’s $7bn Financial Close Marks Major Boost in Pakistan–US Economic Ties: Aurangzeb

by Hassan Mustafa Bajwa
December 11, 2025
0

Pakistan has officially reached the $7 billion financial close of the Reko Diq copper-gold project, a milestone that Finance Minister...

PM Shehbaz Sharif

PM Shehbaz departs for Turkmenistan on 2-day official visit

by Hassan Mustafa Bajwa
December 11, 2025
0

Prime Minister Shehbaz Sharif has departed for Turkmenistan on a two-day official visit aimed at strengthening bilateral ties and accelerating...

Reko Diq

US Approves $1.25bn Financing for Reko Diq Mine

by Anum Arif
December 10, 2025
0

In a major economic breakthrough, the US Export-Import (EXIM) Bank has approved $1.25 billion in financing to support the mining...

Pak and Indonesia agreement

Pakistan, Indonesia Strengthen Bilateral Cooperation

by Anum Arif
December 9, 2025
0

Prime Minister Shehbaz Sharif on Tuesday described his meeting with Indonesian President Prabowo Subianto as “extremely productive and gratifying,” with...

Next Post
Dar has announced that Pakistan will receive $300 million from ICBC today

Ishaq Dar has announced that Pakistan will receive $300 million from ICBC today

About Us

Economy.pk is a source of economic, political, business, finance, health and sports updates.

Important Categories

  • Business
  • Education
  • Entertainment
  • Finance
  • Health
  • Life & Style
  • Politics
  • Sports
  • Technology

Social Media

  • Facebook
  • Instagram
  • Twitter
  • Linkedin
  • YouTube
  • Linkedin
  • TikTok
  • WhatsApp
  • About
  • Advertise
  • Careers
  • Contact

© 2024 Economy.pk - Web Development by Digital Otters

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Business
  • Education
  • Entertainment
  • Finance
  • Health
  • Life & Style
  • Politics
  • Sports
  • Technology

© 2024 Economy.pk - Web Development by Digital Otters