Punjab polls: Last date for SBP to release funds

Author: webdesk

Today is the last date for the State Bank (SBP) to release funds for Punjab elections directly to the Election Commission (ECP) as ordered by the Supreme Court.

On April 14, a three-member bench the case of elections delay in Punjab and KP ordered the SBP to directly issue Rs21 billion for the election and submit its report on April 18.

Earlier, the Election Commission of Pakistan (ECP) told the court in a letter that they still did not receive the funds to conduct the Punjab elections.

The report mentioned a lack of funds and security for conducting elections in Punjab. The ECP informed the top court that they didn’t receive Rs21 billion yet.

According to the electoral watchdog (ECP) notification, the polling for the Punjab Assembly elections will be held on May 14, 2023. The ECP also withdrew its earlier schedule regarding the holding of general elections in Punjab in October.

On the other hand, the National Assembly’s Standing Committee on Finance has summoned its special meeting today to review the orders of the Supreme Court to the SBP.

Share
Leave a Comment

Recent Posts

  • Op-Ed

We Are Ashamed, My Quaid (Part II)

The American author John Maxwell has nicely advised leaders, “You must be big enough to…

4 hours ago
  • Op-Ed

Exploring the Spirit of Adventure

As cheers of spectators reverberate, Ravi Jeep Rally becomes more than just a sporting event…

4 hours ago
  • Pakistan

PIA Operations Resume Smoothly in United Arab Emirates

In a welcome development for travelers, flights operated by Pakistan International Airlines (PIA) in the…

9 hours ago
  • Business

RemoteWell, Godaam Technologies and Digitt+ present Top Ideas at Zar Zaraat agri-startup competition

“Agriculture, as a sector, hold the key to prosperity, food security, and the socioeconomic upliftment…

9 hours ago
  • Editorial

Wheat Woes

Months after a witty, holier-than-thou, jack-of-all-trades caretaker government retreated from the executive, repeated horrors from…

14 hours ago
  • Editorial

Modi’s Tricks

For all those hoping to see matured Pak-India relations enter a new chapter of normalisation,…

14 hours ago