We
are pleased to forward herewith the Press Note issued
by Government of Pakistan, Ministry of Interior dated
27th May 2008 on the above subject and the decision taken
by Cabinet to mitigate power shortage in the country in
its meeting dated 14th May, 2008.
It
has been decided by the Government of Pakistan that daylight
saving will be adopted with effect from 1st June 2008
by advancing the clock by one hour. Also, all public sector
organizations have been advised to switch their air conditioning
off between 08:00 a.m. to 11:00 a.m.
All
the banks/DFIs are therefore advised to follow the instructions
and implement the decisions accordingly.