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Wednesday, 22 June, 2022 I 22 Dhul-Qadah, 1443 I Rs 15.00 I Vol XII No 353 I 12 Pages I Karachi Edition
PM resolves to steer country out of current econoMic crises
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RIME Minister Muhammad Shehbaz Sharif Tuesday said that they had inherited severe economic crises from the previous government, but with hard work and dedication, the collation government would steer the country out of the current challenges. Speaking to media after chairing a meeting of the federal cabinet, the prime minister, in an apparent reference to the Pakistan Tehreek-e-Insaf government, said that it had left behind a backlog of worst and faulty economic policies, tainted with poor performance. Criticizing his predecessors, he said the previous government reduced petroleum prices at the time of their exit from power corridors which smack of conspiracy and based upon ill-will. “If they had any concerns and felt pains for the people, they ought to
leave behind a precedent of serving the masses by providing any relief, so that it can be said that they had worked for the people,” the prime minister regretted. The prime minister said that these were hard times, and they had taken difficult and bold decisions and hinted that if required in future, they would take such like steps for the economic turnaround. “We will not budge from taking the necessary steps to set country’s economy on the right track with hard work and nation’s prayers,” he stressed. The coalition government was determined to steer the country out of the current economic crises by striving day and night. Expressing his optimism, the prime minister said it was his strong conviction that the good times were in store for the country. About the International Monetary Fund (IMF) agreement, the prime minister observed that the previous PTI’s
government had promised to increase prices and impose taxes, but they retracted and violated the pact which they ought to abide by. He said that due to such ploys by the previous government, today, the country was facing difficulty with the IMF. He also mentioned that global economic situation was complicated as the prices of petrol and grains were spiraling. The government had decided to increase prices of petroleum products with heavy heart, he said, adding, under a decision in the budget, about 70 million people were being provided financial support worth millions of rupees through activation of a helpline. The prime minister further explained that in the budget, they had decided to divert burden from the poor and levy tax upon the wealthy people. In addition Finance Minister Miftah Ismail asserted that the increase in prices of petroleum products has nothing to do with International Monetary Fund’s (IMF) conditions. Miftah Ismail expressed his views while briefing the federal cabinet meeting chaired by Prime Minister Shehbaz Sharif. During the meeting, he rejected the notion by Pakistan Tehreek-e-Insaf (PTI) that fuel prices were increased to revive IMF programme. The federal minister said that the global lender had not demanded to increase the fuel prices, but it was a result of global inflation. He claimed that the Budget 202223 was the first in the country’s history that provided relief to the poor and taxed the rich. Meanwhile, Miftah said that the next round of talks with the Fund will be held today (Tuesday) and tomorrow.
Bilawal says Imran Khan’s narrative on corruption is a lie LARKANA Staff RepoRt
Pakistan Peoples Party (PPP) Chairman Bilawal Bhutto-Zardari on Tuesday accused former premier Imran Khan for telling lies to the nation on corruption of politicians. Bilawal made these remarks while addressing a public gathering in Larkana on the occasion of the 69th birth anniversary of the slain PPP chairperson and former prime minister. Bilawal said that Benazir Bhutto bravely fought military dictators and her activists have kept her message alive in today’s Pakistan. He also blamed Khan for being ‘power-hungry criminal’ who, he said, was responsible for the current inflation and is now accusing others of causing the issues. “It was because of the struggle of PPP jiyalas that Imran Khan was ousted from power via a no-trust move,” he told the participants gathered at the venue. Imran Khan’s narrative against corruption is a lie, he added. The PPP chief further said his party ousted the “selected” after waging a struggle along with two other political parties. “Imran was causing this damage to the people just to stay in power and the burden of it is now being born by the commoners.” Bilawal asserted that the former premier must be told to respond to his performance, including the cases of corruption emerging now. Referring to the Tosha Khana case, he said the PTI chief and the former first lady will have to provide answers
Imran Khan vows to challenge NAB law amendments in top court ISLAMABAD Staff RepoRt
PTI Chairman Imran Khan on Tuesday said his party would challenge the recent amendments to the National Accountability (NAB) law in the Supreme Court. Addressing a press conference here at his Banigala residence, Imran Khan expressed hope that the top court would take notice of the development, adding that if such moves were allowed then it would be detrimental for the country. Imran said laws formulated in the country should not be specific to any one person but instead be applicable to the collective whole. Earlier this month, a joint session of parliament had passed three bills, including those related to electoral reforms and the accountability law. Amendments to the National Accountability Bureau (NAB) (Amendment) Bill were aimed at preventing the “misuse of law for political engineering and victimisation of opponents”. The changes were criticised by Imran and his party, with the PTI chairman saying the move would destroy the country as the amendment would protect white-collar criminals from accountability. Continuing the criticism in the presser, Imran said the assembly session where the amendment was passed was a “mockery and a joke with the country”. “Those who passed the NAB amendments should be thrown into jail due to their shame-
about their corruption. He said that Imran Khan has sold a watch gifted to him by a foreign country and also brought a bad name to the country. “People now know that the slogan of change wasn’t for change, but for the destruction of the country.” Imran Khan, he added, begged other countries for funds and is now resorting to mudslinging against his political rivals. Likewise, he added, the government will eventually succeed in retaining the GSP+ status for the country and bring more glad tidings for exports. “These are the things that we achieved by focusing on our work, instead of resorting to mudslinging, he said,” while taking a veiled jibe at the PTI chief. He ensured that the government is working day and night to ensure that the country was put back on the path of stability and progress. “It was because of the struggle by Prime Minister Shehbaz Sharif that Pakistan was saved from going bankrupt.” The PPP leader, who is also the foreign minister, maintained that he had been visiting several countries. “Our policy is not to beg but to trade with other countries.” “We put immense effort into taking Pakistan out of the Financial Action Task Force (FATF) grey list and it is hoped that by October, when an onsite visit is due, we will achieve this objective.” He went on to say that Pakistan was facing two “FIRs” against it in FATF; one related to money laundering while the other related to terror financing.
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lessness,” he added. Tackling the major amendments one by one, Imran explained how they would be used to allegedly eliminate a number of cases against leaders of the coalition government. The PTI chairman alleged that he was pressured throughout the entire duration of his government and blackmailed to provide a National Reconciliation Ordinance-type deal to major political figures of the present coalition government but he did not give in. “It should be clear now their return [to power]
was not to reduce inflation.” He said if the present government remained in power then Pakistan would be on its way to a situation similar to the one in Sri Lanka. “What they have done today (passing and implementing the NAB amendment law) is [give a] licence to [commit] corruption.” Imran said he would issue another public call to show where the nation stood on the issue, adding that history would not forget those who abetted and supported the present government in coming to power.
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