KARACHI: Pakistan Stock Exchange above the 98,000 mark on Friday as share prices surged more than 2,000 points in intraday trade
The Senate met briefly at the Parliament House in Islamabad on Friday with Chairman Sadiq Sanjrani in the chair and passed "The Islamabad Capital Territory Local Government (Amendment) Bill, 2022."
The bill is aimed at increasing the number of existing Union Councils in Islamabad and direct election of mayor.
Under the amendments, there will be 125 Union Councils within the Islamabad Capital Territory to cater for the existing population of the federal capital. The Mayor and Deputy Mayor shall be directly elected as joint candidates by the voters. The bill has already passed by the National Assembly.
The chair prorogued the session amid sloganeering from the opposition benches.
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