Thursday, July 28, 2022

PKR continues losing ground, hits all time low against dollar

PKR continues losing ground, hits all time low against dollar
Dollar soared to a new high in the interbank market due to political uncertainty in the country and was traded at Rs240 on Thursday.

The rupee lost 3.98 during the intraday trade. The local unit closed at 236.02 per dollar on Wednesday, falling by 1.31% during the session.

In the international market, the dollar is strengthening against all other world currencies, and the rupee is no exception. Even though imports are reducing, Pakistan’s external account concerns have not yet been resolved.

Although the IMF has agreed to disburse a $1.2 billion loan disbursement, the inflows have not yet occurred because the executive board’s final approval is still pending.

 



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All state organs should act within domains stipulated by constitution: PM

Shehbaz Sharif
Prime Minister Shehbaz Sharif said that all state organs should act within the domains stipulated by constitution for a smooth and effective working of democratic system.

In a tweet on Thursday, he said it was also the core of his argument during the speech at the National Assembly.

Shehbaz Sharif said we will be moving in a circle getting nowhere without understanding it.

 The core of my argument during my speech at NA was that for a democratic system to work smoothly & effectively, it is important that all state organs act within the domains stipulated by Constitution. Without understanding this, we will be moving in a circle, getting nowhere.

— Shehbaz Sharif (@CMShehbaz) July 28, 2022



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Met Office Predicts More Rain In Various Parts Of Country

Rain
More rain, wind/thundershower is expected in upper and central Punjab, Islamabad, Khyber Pakhtunkhwa, north and eastern Balochistan, Kashmir and Gilgit Baltistan on Thursday.

According to the Pakistan Meteorological Department forecast, isolated heavy falls are likely in Kashmir, upper Punjab, Islamabad, upper Khyber Pakhtunkhwa and northeastern Balochistan during the next 24 hours.

The Met Office has also warned that heavy rains may generate urban flooding and flash flooding in local Nullahs of Karachi, Dadu, Sukkur, Larkana, Kalat, Khuzdar, Zhob, Loralai, Barkhan, Kohlu, Musa Khel, Sherani, Sibbi, Bolan, Rawalpindi, Islamabad and hill torrents of Dera Ghazi Khan during the period.

The rainfall may trigger landslides in Kashmir, Galiyat, Murree, Abbottabad, Mansehra, Chillas, Diamir, Gilgit, Hunza, Astore and Skardu during the forecast period. Travelers and tourists are advised to remain more cautious during the forecast period.



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Wednesday, July 27, 2022

Pakistan detects another polio case

Pakistan detects another polio case
Pakistan reported another wild poliovirus case in the North Waziristan district, taking this year’s overall tally to 14, the Ministry of Health confirmed on Wednesday.

Following the virus paralysing another child in North Waziristan, the district’s tally reached 13, while the only case apart from the area has been reported from Lakki Marwat which was registered last week.

The Pakistan Polio Laboratory at the National Institute of Health said that the eight monthold girl who is the fresh victim was suffering from polio induced disabilities. All the 14 cases, the Ministry of National Health Services, Regulations and Coordination said, were reported in children under two years of age.

 



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Banning me from Punjab will result in governor’s rule: Sanaullah

Rana Sanaullah
Interior Minister Rana Sanaullah said that any ban on his or other ministers’ entry into Punjab would lead to governor rule in the country’s most powerful province.

Sanaullah warned of imposing governor's rule in Punjab after the Supreme Court removed Hamza Shahbaz as the chief minister and instated Imran Khan-backed Pervez Elahi to the top office.

"The summary to impose governor's rule is being drafted, and I personally have started work on it," Interior Minister Rana Sanaullah told a press conference.

The interior minister said if his entry into Punjab is banned, it might lead to the imposition of the governor's rule in Pakistan's most populated province as PTI leaders had suggested prohibiting his entry in Punjab.

The interior minister’s statement came in response to reporters’ query over the new Punjab government’s apparent plans to impose an embargo on a few federal ministers including Rana Sanaullah in an effort to pressurise the federal government to call early elections.

The interior minister said that the SC's decision will lead to further deterioration in the political arena which is a major reason for the rupee's fast depreciation.

Sanaullah added that after the no-confidence motion against former prime minister Imran Khan was successful, the PML-N opined for moving towards snap polls, indicating that the coalition partners did not agree.

He also added that once general polls take place, PML-N supremo Nawaz Sharif will come back to the country and lead the election campaigns.

"But now, the federal government is a government of coalition partners, and this coalition has formed governments in Sindh and Balochistan. The federal government has its own significance," he said.



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Banning me from Punjab will result in governor’s rule: Sanaullah

Rana Sanaullah
Interior Minister Rana Sanaullah said that any ban on his or other ministers’ entry into Punjab would lead to governor rule in the country’s most powerful province.

Sanaullah warned of imposing governor's rule in Punjab after the Supreme Court removed Hamza Shahbaz as the chief minister and instated Imran Khan-backed Pervez Elahi to the top office.

"The summary to impose governor's rule is being drafted, and I personally have started work on it," Interior Minister Rana Sanaullah told a press conference.

The interior minister said if his entry into Punjab is banned, it might lead to the imposition of the governor's rule in Pakistan's most populated province as PTI leaders had suggested prohibiting his entry in Punjab.

The interior minister’s statement came in response to reporters’ query over the new Punjab government’s apparent plans to impose an embargo on a few federal ministers including Rana Sanaullah in an effort to pressurise the federal government to call early elections.

The interior minister said that the SC's decision will lead to further deterioration in the political arena which is a major reason for the rupee's fast depreciation.

Sanaullah added that after the no-confidence motion against former prime minister Imran Khan was successful, the PML-N opined for moving towards snap polls, indicating that the coalition partners did not agree.

He also added that once general polls take place, PML-N supremo Nawaz Sharif will come back to the country and lead the election campaigns.

"But now, the federal government is a government of coalition partners, and this coalition has formed governments in Sindh and Balochistan. The federal government has its own significance," he said.



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PDMA issues floods warning for Punjab

Rain
The Provincial Disaster Management Authority (PDMA) issued a low-medium flood alert for the Chenab river, asking all concerned districts to stay on high alert and take precautionary measures to protect the populations in the adjacent districts.

Amid surging water levels in the rivers, the authority said that according to the report of the flood forecasting station, there was a possibility of a low-medium flood.

Citing the report, the PDMA said the water discharge in the river was recorded at 15,4890 cusecs which, it warned, may cause flooding in the areas of Hafizabad district. It advised that the adjacent districts should also complete their preparations and set up relief camps.

“According to the directives of the Punjab government, the protection of life and property of the people is the first priority,” the notification said.

Separately, the PDMA warned, quoting the Met office, that monsoon winds entering the upper and central regions of the country from July 27 and spreading to other regions on July 31, may result in another week of rains.

During this period, Rawalpindi, Murree, Attock, Chakwal, Jhelum, Sialkot, Narowal, Lahore, Gujranwala, Gujrat, Sheikhupura, Faisalabad, Jhang, Mianwali, Khushab, Sargodha, Hafizabad, Mandi Bahauddin, Sahiwal, Okara, Bhakkar, Multan, Khanewal, Pakpattan, Vehari, Rajanpur, Dera Ghazi Khan, Bahawalpur, Bahawalnagar, Rahim Yar Khan and Khanpur are likely to receive more rain with strong winds and thundershowers.

Meanwhile, the heavy rain is expected to increase the flow of water in the local and rainwater channels of the Ravi, Jhelum and Chenab rivers.

It also warned of the risk of landslides in Murree, advising tourists to plan travel while keeping in mind the weather conditions.

“An alert has been issued to the district administrations of Punjab to keep their arrangements in place and be prepared to deal with the emergency situation,” the notification said.



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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...