Resignations to leave void on finance board

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July 22, 2013 by apicomely

Finance chiefs back government stimulus programs

On Friday Abbazia said he is happy with what he’s accomplished during his time on the Board of Finance. “I really think that over the long haul we were able to invest in the city and get a strong return on where we spend our money,” he said. Abbazia launched a brief mayoral campaign in 2009, but dropped out of the race when the Democratic City Committee endorsed David Martin , who ultimately lost the election and now sits on the Board of Finance. Abbazia said he plans to stay involved with the Democratic Party and would consider reentering politics at a later date — possibly with another bid for the city’s top office.

Peshawar’s top colleges: Self-finance admissions galore

Photo: Kirill Kudryavtsev, AFP/Getty Images Russian Finance Minister Anton Siluanov takes his seat for the… Page 1 of 1 Moscow — The top financial officials of the world’s largest economies issued a joint statement Saturday endorsing continued government spending to prime the global economy for a full recovery. “Growth and creating jobs remains our priority,” the statement from the finance ministers and central bank governors of the Group of 20 countries said. It added that the governments in the organization, which collectively represent about 90 percent of the world’s economic activity, “are fully committed to taking decisive actions to return to a robust, job-rich growth path.” Previous communiques issued after such meetings had also indicated support among some members for balancing budgets, not just spending to get out of recession.

When asked why the college is offering more admissions on self-finance basis than on open merit, spokesman for ICP Dr Naseeb Dar told Dawn that the countryas all public sector universities had been facing financial problems and self-finance scheme for admissions helped them generate money for functioning. He said the government had increased salary of employees during the last three to four years but the Higher Education Commission had not provided additional funds to universities for increase of the staffas salary. Dr Dar said classes of the students admitted on self-finance basis were run in the second-shift and the college administration paid teachers from the fees of the students. He said in presence of postgraduate and bacheloras classes, there was a shortage of space for the regular pre-medical and pre-engineering classes and therefore, the self-finance scheme was introduced in the evening shift.

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