Wednesday, December 2, 2020

ECC okays gas supply to PSM; ends regulatory duty on cotton import

ECC okays gas supply to PSM; ends regulatory duty on cotton import
Advisor to Prime Minister on Finance Abdul Hafeez Shaikh chaired a meeting of the Economic Coordination Committee (ECC) today to discuss a 10-point agenda.

During the meeting underway in Islamabad today, the Economic Coordination Committee (ECC) has given the approval to end five per cent regulatory duty on cotton imports after mulling over recommendations to encourage its imports for bringing raw cotton.

Sources said that the committee approved gas supply to Pakistan Steel Mills (PSM). It has also approved for initiating gas supply from Benari field to Sui Southern Gas Company (SSGC).

A suggestion was tabled in the ECC meeting to constitute a committee for waiving off loans of the national highway. A summary for repair work of Islamabad High Court (IHC) building was approved by the ECC members, sources added.

ECC is also likely to approve Karachi transformation plan announced by Prime Minister Imran Khan in September for the execution of a transformation plan meant to address the city’s issues and developmental requirements.

In the previous meeting, the Economic Coordination Committee (ECC) had approved a technical supplementary grant for the advance purchases of COVID-19 vaccines.

The ECC members had deliberated upon the six-month extension of payment of interest on loans acquired from G20 countries and the matter related to gas supply to Engro Fertilizers. The committee’s members approved gas supplies to Engro Fertilizers.

Moreover, the committee had granted permission to Punjab province for importing 340,000 tonnes wheat through the Trading Corporation of Pakistan (TCP).

 



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Australia legend Glenn McGrath picks Wasim Akram among top 5 ODI bowlers

 Wasim Akram
Former Australian cricketer Glenn McGrath, also known as the pigeon, has chosen legendary left-arm pacer Wasim Akram among his top five picks for One Day International (ODI) bowlers.

McGrath put forth the names while speaking ahead of Australia’s third and final ODI against India on Wednesday, December 2 at the Manuka Oval in Canberra, Crickettracker.com reported.

Named number one by McGrath, the Sultan of Swing is one of the highest wicket-takers of Pakistan with 502 wickets to his name. The former Australian cricketer has also named Australia's Brett Lee, who is also known as one of the fastest bowlers of his generation.

The other bowlers in McGrath's list include Sri Lanka's stalwart Chaminda Vaas, who achieved a hat-trick in the first over of the 2003 World Cup match against Habibul Bashar’s Bangladesh.

Sri Lankan cricket coach and former professional cricketer Muttiah Muralitharan and South Africa’s Shaun Pollock are also included in McGrath's list of favourites.



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Coronavirus: UK govt green lights Pfizer-BioNTech vaccine for emergency use

 UK govt green lights Pfizer-BioNTech vaccine for emergency use
The United Kingdom became the first country in the world on Wednesday to approve the use of the Pfizer-BioNTech vaccine with the vaccine expecting to be rolled for use from next week.

According to British newspaper Guardian, the vaccine has been approved for emergency use by the Medicines and Healthcare Products Regulatory Authority (MHRA).

The publication reported that the first dose of the vaccine may arrive in the United Kingdom in the coming days. It added that the Boris Johnson led government has brought 40 million doses of the vaccine, which has 95% efficacy in its final trials.

“Today’s emergency use authorisation in the UK marks a historic moment in the fight against COVID-19. This authorisation is a goal we have been working toward since we first declared that science will win, and we applaud the MHRA for their ability to conduct a careful assessment and take timely action to help protect the people of the UK,” CEO of Pfizer Albert Bourla was quoted by Guardian.

“As we anticipate further authorisations and approvals, we are focused on moving with the same level of urgency to safely supply a high-quality vaccine around the world. With thousands of people becoming infected, every day matters in the collective race to end this devastating pandemic.”

According to the BBC, Pfizer-BioNTech was among a group of companies that had managed to develop a vaccine from concept to reality. The process to develop it took only 10 months.

The channel reported that the group that is most likely too receive the vaccine first are people at highest risk.

The BBC said that a provisional priority list drawn up by experts had identified care home residents and staff, followed by people over 80 and other health and social care workers as top priority.

The channel reported that the these groups may receive the first stocks of the vaccine before Christmas.

The vaccine has to be administered in two injections, 21 days apart, with the second dose being a booster.

Pfizer coronavirus vaccine over 90% effective, says manufacturer

Last month, large-scale trials of a coronavirus vaccine candidate produced by Pfizer/BioNTech revealed that it is 90% effective, said the manufacturer in a statement.

The study showed that people who received two doses as part of the trial saw 90% fewer symptomatic cases of COVID-19 than participants who were given a placebo.

"Today is a great day for science and humanity. The first set of results from our phase 3 COVID-19 vaccine trial provides the initial evidence of our vaccine’s ability to prevent COVID-19,” said Dr Albert Bourla, the Pfizer chairman and chief executive.

The study focused on 94 participants out of a total number of 43,000 people. These participants were offered the two-dose vaccine and 28 days after they received their first inoculation, remained protected.

"To me, this is the best possible outcome,” Ugur Sahin, co-founder and chief executive of BioNTech told the Financial Times.

Pfizer expects to produce 50 million vaccine doses in 2020 and up to 1.3 billion doses by 2021.

The company referred to the development as a "critical milestone in our vaccine development" adding that the welcome news came at a time when hospitals were being filled to their maximum capacity and economies were struggling to remain open.

Pfizer said that the vaccine's Phase 3 trial began this year on July 27 and has involved 43,538 participants in total out of which 38,955 have received a second dose of the coronavirus vaccine as of November 8, 2020.

 



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Nawaz Sharif declared proclaimed offender by IHC

Former prime minister Nawaz Sharif
Former prime minister Nawaz Sharif was declared a “proclaimed offender” by the Islamabad High Court (IHC) on Wednesday.

The orders were issued by the two-member bench comprising Justice Aamer Farooq and Justice Mohsin Akhtar Kayani. The bench was seized with the appeals filed by former prime minister Nawaz Sharif against his sentences in the Al Azizia and Avenfield cases.

During today’s hearing, Foreign Ministry Director Europe Mubashir Khan told the IHC that he had received the court's advertisements regarding Nawaz Sharif and sent it to the Pakistani High Commission in London.

An officer of the Federal Investigation Agency, in his statement to the court, said he delivered the advertisements at Nawaz Sharif’s residences in Jati Umrah and Model Town in Lahore.

Aijaz Ahmed told the bench that he had visited the Model Town residence first where he met the security team. He added that he informed them of the advertisements and also shouted Nawaz’s name loudly.

“The same was done at the Jati Umrah residence,” the FIA official informed the bench. He added that the FIA team has also submitted pictures of the visits.

After listening to their statements, Justice Farooq said that the court will issue orders on the basis of the evidence.

“What should we do now?” he asked NAB’s Additional Prosecutor General Jahanzaib Bharwana.

“Two appeals are from Nawaz Sharif and two NAB appeals are against Nawaz Sharif. A notice has been issued against NAB’s appeal to increase the sentence, but no notice has been issued in the flagship reference,” said Justice Amir Farooq while addressing Bharwana.

Upon hearing Justice Farooq, the NAB lawyer asked the court to dismiss the appeals filed by the former prime minister on “merit”.

He added that Nawaz can be sentenced for not surrendering to the court.

To this, Justice Farooq asked the NAB prosecutor to present judicial precedents at the next hearing on what should be done about the appeal of former prime minister Nawaz Sharif.

He said Maryam Nawaz and Captain Safdar’s cases are also fixed for hearing in the coming days.

“Should Nawaz Sharif's appeals be fixed for hearing along with those appeals?” asked Justice Farooq.

However, Bharwana contended the “merit” was completely different on the appeals filed by Safdar and Maryam.

Justice Mohsin Akhtar Kayani intervened, saying the court will also look at the conduct of former judge Arshad Malik.

To this, Bharwana said Nawaz had submitted a petition to present five witnesses. He added that the second petition has been filed by Nasir Butt.

Upon hearing the details of the appeal, the court observed that judge Arshad Malik had also submitted an affidavit in court which is part of the record.

“Tell the court in the next hearing whether the joint petition will be seen first or the appeals,” said Justice Farooq. While Justice Kayani said the court will have to look at the law even if the accused has fled.

The court, after hearing the arguments, decided to declare Nawaz a proclaimed offender and stated that it will issue its written orders shortly.



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AC adjourns hearing of assets reference against Ishaq Dar

AC adjourns hearing of assets reference against Ishaq Dar
An accountability court in Islamabad has adjourned the hearing of assets reference against former finance minister Ishaq Dar due to absence of the defence counsel, on Wednesday.

The accountability court’s judge Mohammad Bashir heard the assets reference against Ishaq Dar. Co-accused Naeem Mehmood and Mansoor Raza appeared in the hearing.

The assistant lawyer told the court that defence counsel Qazi Misbah could not appear in the hearing due to a busy schedule at the high court.

During the hearing, the National Accountability Bureau (NAB) prosecutor said that Dar’s records have been received from the high court.

Later, the accountability court adjourned the hearing till December 16 due to the absence of the defence counsel.

It may be mentioned here that Ishaq Dar had been declared a proclaimed offender due to his continuous absence from the hearings of the different cases. He is facing charges of accumulating assets beyond known sources of income.



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AC adjourns hearing of assets reference against Ishaq Dar

AC adjourns hearing of assets reference against Ishaq Dar
An accountability court in Islamabad has adjourned the hearing of assets reference against former finance minister Ishaq Dar due to absence of the defence counsel, on Wednesday.

The accountability court’s judge Mohammad Bashir heard the assets reference against Ishaq Dar. Co-accused Naeem Mehmood and Mansoor Raza appeared in the hearing.

The assistant lawyer told the court that defence counsel Qazi Misbah could not appear in the hearing due to a busy schedule at the high court.

During the hearing, the National Accountability Bureau (NAB) prosecutor said that Dar’s records have been received from the high court.

Later, the accountability court adjourned the hearing till December 16 due to the absence of the defence counsel.

It may be mentioned here that Ishaq Dar had been declared a proclaimed offender due to his continuous absence from the hearings of the different cases. He is facing charges of accumulating assets beyond known sources of income.



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Tuesday, December 1, 2020

Govt grants one-day extension in Shehbaz, Hamza’s parole

Govt grants one-day extension in Shehbaz, Hamza’s parole
The Punjab government extended on Wednesday parole of PML-N President Shehbaz Sharif and his son Hamza Shahbaz for one day, reported.

Sources relayed Chief Minister Sardar Usman Buzdar gave approval for the extension during a consultative meeting convened to take up a plea seeking extension in the father-son duo’s parole period.

The PML-N had submitted an application to the Punjab Home Department for extension in parole period of its president Shehbaz Sharif and his son Hamza Shahbaz. They were released on a five-day parole period on November 27 (Friday) following the death of Begum Shamim Akhtar.

A large number of people want to come and condole the death of Begum Shamim Akhtar with Shehbaz and Hamza, the application said, calling for extension in the parole period.

Speaking to the media earlier, Special Assistant to Chief Minister on Information Firdous Ashiq Awan said the Punjab government would not allow any extension in parole period of Shehbaz Sharif and Hamza.

She said: “Extending release on parole is not a part of government’s policy. Whether it is a member of the Sharif family or an ordinary citizen, the government will ensure the same law.”



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Islamabad court dismisses Gill’s bail plea in sedition case

A District and Sessions court of Islamabad dismissed the post arrest bail petition of PTI leader Shahbaz Gill on Tuesday. Additional Dist...