MIRA INFORM REPORT

 

 

Report Date :

8th May 2006

 

IDENTIFICATION DETAILS

 

Name :

CITY DISTRICT GOVERNMENT (KARACHI)

 

 

Registered Office :

4th Floor, Civic Centre, Gulshan-e-Iqbal, Karachi, Pakistan

 

 

Date of Incorporation :

2000

 

 

Legal Form :

Government Organization

 

 

Line of Business :

The City District Government shall be competent to acquire, hold or transfer any property, movable and immovable, to enter into contract and to sue or be sued in its name, through District Coordination Officer

 

RATING & COMMENTS

 

MIRA’s Rating :

Ba

 

RATING

STATUS

PROPOSED CREDIT LINE

41-55

Ba

Overall operation is considered normal. Capable to meet normal commitments.

Satisfactory

 

Status :

Good

 

 

Payment Behaviour :

Regular

 

 

Litigation :

Clear

 

 

 

 

 

 

Name

 

CITY DISTRICT GOVERNMENT (KARACHI)

 

 

Full Address                 

 

Registered Address

4th Floor, Civic Centre, Gulshan-e-Iqbal, Karachi, Pakistan

                  

Tel

92 (21) 9231145, 9215133

Fax

92 (21) 9215117

Email

edoeip@karachicity.gov.pk

 

 

 

History

 

City Districts were introduced in 2000, during the administration of President Pervez Musharraf. Musharraf announced holding of local government elections, which began from December 2000 at the Union Council level and come to a completion with District Council elections in July, 2001. Elections were held in two stages. First, the Union Council level, commencing in December 2000 in 15 districts, and subsequently in February, March, April and May, with roughly twenty-five districts going to the polls each time. In the second stage, the district assemblies’ elections were held countrywide in July 2001.

 

 

 

Administrative Structure

 

The Karachi City District is a three-tiered system comprising the City District Government (CDG), the Town Municipal Administration (TMA) and the Union Administration (UA). When setting up the City District Government and TMA, effort was made to enable the following, where technical factors allowed, the principle of subsidiarity to be followed in determining which planning and municipal services/functions are assigned to the City District Government and which ones to TMA.

 

 

City Nazim / Naib Nazim / Executive District Officers Detail

         

Name

Designation

Syed Mustafa Kamal

 

Mrs. Nasreen Jalil

 

Mr. Fazal-ur-rehman

 

Dr. Rafique Ahmed Siddique

 

Dr. A. D. Sajnani

 

Muhammad Amin Khaskheli

 

Syed Abid Ali Shah

 

Mrs. Rehana Asif

 

Dr. Khalid Hussain Shaikh

 

Mr. Saleh Ahmed Farooqi

 

Mr. Sarfaraz Ali Shah

 

Mr. Najib Zahid

 

Mr. Manzoor Ahmed

 

Mr. Muhammad Athar

 

Mr. Iftikhar Ali Kaimkhani

 

Mr. Mumtaz Ur Rehman Khan

 

Brg. Iftikhar Haider

 

Mr. Roshan Ali Shaikh

 

Prof. Hyder Ali Novian

City Nazim

 

Naib City Nazim

 

District Coordination Officer

 

EDO Education (Higher)

 

EDO Information Technology

 

EDO Agriculture

 

EDO Enterprise & Investment Promotion

 

EDO Community Development

 

EDO Health

 

EDO Works & Services

 

EDO Works & Services

 

EDO Literacy

 

EDO Law

 

EDO Transport & Communication

 

EDO Master Plan

 

EDO Building Control

 

EDO Water & Sanitation

 

EDO Finance & Planning

 

EDO Education (School)

 

 

 

Functions performed by CDG

 

The City District Government consists of Zila Nazim and District Administration. The City District Government shall be competent to acquire, hold or transfer any property, movable and immovable, to enter into contract and to sue or be sued in its name, through District Coordination Officer. On the commencement of the Local Government Ordinance 2001, the administrative and financial authority for the management of offices of the Government set up in a district shall stand decentralized to the City District Government of that District. In addition, on the    creation of a City District, the authorities and organizations providing municipal services and facilities will come under the management of the City District.

 

 

 

Foreign Exchange Rates

 

Currency

 

Unit

Pakistani Rupees

US Dollar

1

Rs. 60.15

UK Pound

1

  Rs. 111.20

Euro

1

Rs. 76.05

 

 

 

Budget at a Glance 2005 - 2006

 

 

 

 

Receipt

(Rs. In million)

 

 

 

 

Current Receipts

18,623.32

 

 

 

 

Capital Receipt

7,595.85

 

 

 

 

Annual Development Programme

1,395.00

 

 

 

 

Devolved Departments (Govt. of

8,850.13

 

Sindh) (Salary / Non - Salary)

 

 

 

 

 

Water & Sanitation Department (KW&SB)

7,358.84

 

 

 

 

Total : Receipts

43,823.14

 

 

 

 

Expenditure

(Rs. In million)

 

 

 

 

Establishment

3,301.69

 

 

 

 

Contingent

1,245.76

 

 

 

 

Repair & Maintenance

193.36

 

 

 

 

Development Expenditure

12,885.57

 

 

 

 

Tamer-e-Karachi Programme

6,000.00

 

 

 

 

Annual Development Programme

1,395.00

 

 

 

 

Transfer of Funds/ Share to Towns & Union Councils

2,577.00

 

 

 

 

Devolved Departments (Govt of Sindh (Salary & Non-Salary)

8,850.13

 

 

 

 

Water and Sanitation Department

-

 

 

 

 

(i) Current Expenditure

3,597.51

 

(ii) Development Expenditure

3,761.33

 

 

 

 

Total Expenditure

43,807.35

 

 

 

 

Surplus (+)

15.79

 

 

 

 

 

 

 

 

 RATING EXPLANATIONS

 

 

RATING

STATUS

PROPOSED CREDIT LINE

>86

Aaa

Possesses an extremely sound financial base with the strongest capability for timely payment of interest and principal sums

Unlimited

71-85

Aa

Possesses adequate working capital. No caution needed for credit transaction. It has above average (strong) capability for payment of interest and principal sums

Large

56-70

A

Financial & operational base are regarded healthy. General unfavourable factors will not cause fatal effect. Satisfactory capability for payment of interest and principal sums

Fairly Large

41-55

Ba

Overall operation is considered normal. Capable to meet normal commitments.

Satisfactory

26-40

B

Unfavourable & favourable factors carry similar weight in credit consideration. Capability to overcome financial difficulties seems comparatively below average/normal.

Small

11-25

Ca

Adverse factors are apparent. Repayment of interest and principal sums in default or expected to be in default upon maturity

Limited with full security

<10

C

Absolute credit risk exists. Caution needed to be exercised

Credit not recommended

 

 

 

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