Sunday, June 19, 2022

United States agreed to help Pakistan negotiate with IMF

 United States agreed to help Pakistan negotiate with IMF
The United States has agreed to help Pakistan negotiate a deal with the International Monetary Fund (IMF)

Earlier, media reports had claimed that Islamabad was “seeking Washington’s support” for renewing its Extended Fund Facility (EFF) with the IMF.

As the largest shareholder, the US has considerable influence over the IMF’s decision-making.

Pakistan signed a 39-month, $6bn EFF in July 2019, but the Fund stopped the disbursement of about $3bn when the previous government reneged on its commitments.

Currently, Islamabad wants the IMF to not only resume disbursements, but to also expand the size and duration of the programme.

On Saturday, Pakistan’s Ambassador to the United States Masood Khan met Assistant US Trade Representative (USTR) for South and Central Asia Christopher Wilson to discuss expanding trade relations between the two countries and encouraging US investments in Pakistan, a statement said.

The office of the USTR is responsible for developing and coordinating US international trade, commodity, and for directing investment policy. It also oversees trade negotiations with other countries.

On Saturday, Ambassador Khan also met a delegation of the Wabtec company, which is the world’s leading rail company.

A statement issued after the meeting said that the Wabtec showed “keen interest in furthering its existing partnership with Pakistan and in assisting the Pakistan Railways in meeting its locomotive requirements.”

Wabtec is a global provider of equipment, systems, digital solutions, and value-added services for the freight and transit rail sectors.

“While we greatly appreciate the existing level of cooperation between Wabtec and Pakistan Railways, particularly in engineering and rail services, we look forward to benefiting from the company’s expertise in the modernisation of railway networks and indigenisation of locomotive manufacturing in Pakistan,” Ambassador Khan said.



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United States agreed to help Pakistan negotiate with IMF

 United States agreed to help Pakistan negotiate with IMF
The United States has agreed to help Pakistan negotiate a deal with the International Monetary Fund (IMF)

Earlier, media reports had claimed that Islamabad was “seeking Washington’s support” for renewing its Extended Fund Facility (EFF) with the IMF.

As the largest shareholder, the US has considerable influence over the IMF’s decision-making.

Pakistan signed a 39-month, $6bn EFF in July 2019, but the Fund stopped the disbursement of about $3bn when the previous government reneged on its commitments.

Currently, Islamabad wants the IMF to not only resume disbursements, but to also expand the size and duration of the programme.

On Saturday, Pakistan’s Ambassador to the United States Masood Khan met Assistant US Trade Representative (USTR) for South and Central Asia Christopher Wilson to discuss expanding trade relations between the two countries and encouraging US investments in Pakistan, a statement said.

The office of the USTR is responsible for developing and coordinating US international trade, commodity, and for directing investment policy. It also oversees trade negotiations with other countries.

On Saturday, Ambassador Khan also met a delegation of the Wabtec company, which is the world’s leading rail company.

A statement issued after the meeting said that the Wabtec showed “keen interest in furthering its existing partnership with Pakistan and in assisting the Pakistan Railways in meeting its locomotive requirements.”

Wabtec is a global provider of equipment, systems, digital solutions, and value-added services for the freight and transit rail sectors.

“While we greatly appreciate the existing level of cooperation between Wabtec and Pakistan Railways, particularly in engineering and rail services, we look forward to benefiting from the company’s expertise in the modernisation of railway networks and indigenisation of locomotive manufacturing in Pakistan,” Ambassador Khan said.



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Six BLF terrorists killed in Balochistan IBO: ISPR

 ISPR
Security forces on Sunday killed six terrorists belonging to Baloch Liberation Front (BLF) during a search operation in Paroom area in district Panjgur of Balochistan, the military's public affairs wing said in a statement.

According to Inter-Services Public Relations (ISPR), the forces conducted an operation on a tip-off regarding the presence of terrorists in Zamran Range near Paroom.

"Once the troops started a clearance operation in the area, terrorists tried to escape from their hideout and opened fire on security forces," the statement said.

The BLF terrorists were killed during an exchange of fire, it added.

The ISPR said the slain terrorists were involved in attacks on check-posts of security forces as well as improvised explosives device attacks on security convoys in Paroom and surrounding areas of Panjgur.

The forces also recovered a huge cache of arms and ammunition which, according to the ISPR, were to be used by terrorists for disrupting peace in the area.

"Security forces, in step with the nation, remain determined to thwart attempts at sabotaging peace, stability, and progress of Balochistan," the military statement said.

On June 7, security forces had killed four terrorists during operations in North Waziristan tribal district and Balochistan’s Noshki district.

Two terrorists were killed during an exchange of fire with the security forces in the Hassankhel area of Mirali tehsil in North Waziristan, while the other two were gunned down during an operation in the Parodh area of Noshki .



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After Sindh and Punjab, Islamabad also opts for 9pm business hours

Islamabad opts for 9pm business hours
Following in the footsteps of Sindh and Punjab, Islamabad has also decided to limit the operational hours of markets, shopping malls, wedding halls and restaurants in an effort to tackle the current energy crisis.

Islamabad Deputy Commissioner Irfan Nawaz Memon shared the notification on Twitter early on Sunday.

The order stated that all shops, shopping malls, bakeries and confectionaries, offices, storerooms, godowns, warehouses and cattle markets would close at 9pm. Further, the timings of marriage halls, marquees and exhibition halls would be limited to 10:00pm.

All establishments (commercial or industrial), restaurants, clubs, tandoors, eateries, cafes, cinemas, theatres or other places of public amusement and public parks would close at 11:30pm, it added.

However, hospitals and laboratories, clinics, pharmacies and medical stores, petrol pumps, milk shops and other essential businesses were exempt from following the timings.

The notification, which also detailed the reasons for the move, stated that the order would come into force "with immediate effect" and would remain in place for two months.

The DC noted that the electricity demand had increased as a result of the current hot weather the country was experiencing which was subjecting critical infrastructure to extended loadshedding.

The notification stated that it was "necessary to enforce certain restrictions on non-essential businesses so that this prevalent emergency of the energy shortfall may be controlled in Islamabad Capital Territory".



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After Sindh and Punjab, Islamabad also opts for 9pm business hours

Islamabad opts for 9pm business hours
Following in the footsteps of Sindh and Punjab, Islamabad has also decided to limit the operational hours of markets, shopping malls, wedding halls and restaurants in an effort to tackle the current energy crisis.

Islamabad Deputy Commissioner Irfan Nawaz Memon shared the notification on Twitter early on Sunday.

The order stated that all shops, shopping malls, bakeries and confectionaries, offices, storerooms, godowns, warehouses and cattle markets would close at 9pm. Further, the timings of marriage halls, marquees and exhibition halls would be limited to 10:00pm.

All establishments (commercial or industrial), restaurants, clubs, tandoors, eateries, cafes, cinemas, theatres or other places of public amusement and public parks would close at 11:30pm, it added.

However, hospitals and laboratories, clinics, pharmacies and medical stores, petrol pumps, milk shops and other essential businesses were exempt from following the timings.

The notification, which also detailed the reasons for the move, stated that the order would come into force "with immediate effect" and would remain in place for two months.

The DC noted that the electricity demand had increased as a result of the current hot weather the country was experiencing which was subjecting critical infrastructure to extended loadshedding.

The notification stated that it was "necessary to enforce certain restrictions on non-essential businesses so that this prevalent emergency of the energy shortfall may be controlled in Islamabad Capital Territory".



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PPP has capability to help the country negotiate all the challenges: Asif Zardari

PPP co-chairman and former president Asif Ali Zardari
PPP co-chairman and former president Asif Ali Zardari on Saturday claimed that his party will form the next government in the Centre after winning the 2023 general elections.

“The next government (in the Centre) will be the PPP’s. I promise if I get a chance to return to power I will turn around Pakistan 110 degrees. The PPP has the capability to help the country negotiate all the challenges,” the former president said on Saturday during an interaction with the party’s office-bearers and workers at Bilawal House in Bahria Town here where he had directly reached from Nawabshah.

Regarding the party’s politics in Punjab, Mr Zardari dismissed the impression that the PPP had been wiped out from the province as well as Gilgit-Baltistan. “This is not true. The PPP has to sacrifice its politics to ‘save Pakistan’. I will myself look into the party affairs in Punjab and ensure its revival here,” he declared.

Zardari claimed the PPP, which is a part of the nine-party coalition government led by the PML-N in Punjab and Centre, would help steer the country out of the economic and political crises. He, however, did not mention contesting the next general elections with the PML-N unlike the agreement for the by-polls in Punjab next month. “We will strengthen our party in Punjab and ensure we get our fair share in the province,” he exclaimed.

Amid the slogans of “Aik Zardari sab pe bhari”, the PPP senior leader further said he would accord respect to the party workers and consult them in any future decisions. “Since it is very difficult for the workers to reach Bahria Town, which is far from the central city, I have decided to get a house in Gulberg (the city centre) for maintaining interaction with them,” he announced.

Zardari also took on ousted premier Imran Khan, saying the policies of the “anokha laadla” (a favourite of the powers that be) had caused price hike and inflation in the country.

In a reference to the PML-N, the former president said: “They (Sharifs) listen to us only when they need us.”

PPP provincial leadership, including Aslam Gill, Faisal Mir, Samina Ghurki, Azizur Rehman Chan, Tanvir Ashraf Kaira and Farooq Saeed, were also present in the meeting where Mr Zardari also welcomed Ashraf Bara in the party fold.

The former president later left for Nawabshah and is scheduled to return next week when he will hold meetings with the PML-N leadership regarding his party’s share in Punjab.

Earlier, the PPP Punjab chapter had complained to Mr Zardari that Chief Minister Hamza Shehbaz, the son of Prime Minister Shehbaz Sharif, was reluctant to give its lawmakers in the province their ‘agreed share’. The PPP has seven seats in the Punjab Assembly and they were reportedly promised four ministries and two adviserships by the Sharifs.

The PPP is interested in the portfolios of finance, and communication and works, but the PML-N circles believe such key seats should stay within the party. In the existing eight-member cabinet of Hamza, PPP has two members, but they remain inactive in meetings due to non-allocation of portfolios. Despite their induction to the cabinet over two weeks ago, not all members have been assigned portfolios. The PML-N leadership appears to be indecisive about the next phase of cabinet expansion.

Although the PML-N and PPP have agreed to jointly contest the next month’s by-polls on 20 provincial seats in Punjab against Imran Khan’s Pakistan Tehreek-i-Insaf (PTI), owing to ideological differences between the parties, their workers are yet to be seen in these constituencies canvassing for their joint candidates.

Hamza Shahbaz, who lost majority in the Punjab Assembly after the election commission de-seated 25 PTI lawmakers over defection in the election for the chief minister, is desperate to see the PML-N-PPP-backed candidates win the by-polls so he could retain his office.



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Saturday, June 18, 2022

‘Inflation protest’: Imran Khan to announce PTI’s future strategy today

Imran Khan
PTI is all set to stage a nationwide "peaceful demonstration" tonight against rising inflation on the call of their leader, Imran Khan.

A day earlier, PTI Chairman Imran Khan had announced he would share his future course of action in his party's countrywide protest — slated for today (Sunday) — against inflation.

Chairing a meeting of his party spokespersons, the former prime minister said that the future course of action will be decided along with the nation in today's (June 19) protest.

"Oppression and force cannot stop the people from raising their voices," he added.

During the meeting, the PTI chairman congratulated the members, especially ex-energy minister Hammad Azhar, on Pakistan's removal from the Financial Action Task Force's (FATF) grey list.

Talking about the rising prices in the country, Khan said that the PTI shielded the nation from global inflation.

"The current government does not care about the people or the future of the country," he said, adding that the "situation will be out of control if the economy was destabilised."

Imran Khan further claimed that the "coalition government is putting the future of the nation at stake just to save themselves" and alleged that the government is destroying the institutions to keep itself in power.

Former information minister Fawad Chaudhry called the people belonging to big cities, including Multan, Faisalabad, Rawalpindi, Islamabad, Lahore, Karachi and Peshawar to protest against "high inflation and lawlessness".

Taking to Twitter, Fawad asked people to protest at Shah Abbas Chowk in Multan, Ghanta Ghar Chowk in Faisalabad, Commercial Market in Rawalpindi, F-9 Park in Islamabad, Liberty Chowk in Lahore, Shahrae Qaideen in Karachi.



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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...