Profit G o v t a s s u r e s I M F t e a M o F h I k e I n p o w e r ta r I F F

g e c o n o m i c t e a m a g R e e s to i n c R e a s e p o w e R ta R i F F B y R s 6 . 7 9 p e R u n i t i n s i x m o n t h s g F B R o F F i c i a l s s ay s R s 2 0 0 B ta x e s to B e i m p o s e d to m e e t ta R g e t o F R s 7 4 7 0 B pakistani team to mpose ranging between Rs600 to 800 billion taxes besides increasing the annual tax collection target to Rs8300 bill on w h e r e a s F B R o f f c i a s n f o r m e d t h a t t h e g o v e r n m e n t i s p l a n n i n g t o i m p o s e R s 2 0 0 b i i o n t a x e s a n d t h e d e p a r t m e n t w i l l m e e t t h e c u r r e n t y e a r t a r g e t o f R s 7 4 7 0 b l l i o n

Shahid Khaqan

Abbasi confirms resignation as PML-N SVP

Peshawar Bombing: PM Shehbaz slams PTI over KP security lapse

pr ofit report as pakistan teeters on the brink of default and the government continues to make overtures to the international monetar y Fund (imF) to ensure de ayed tranches of a bailout package, the government has confirmed a hike in the power tariff sources said that the economic team has assured the visit ng delegation of imF with regard to an increase of power tariff by Rs 6 79 per unit n next f ve months the power div sion briefed the imF team about the p an to reduce the circular debt by increas ng electr c ty pr ces and preventing power theft and line losses the power tariff will increase up to Rs 4 46 per un t in the ongoing month under quarterly adjustment simi arly the tariff w ll hike by Rs 3 21 per unit in Februar y, Rs 69 per un t in march and Rs 1 64 per un t in June respect vely islamabad s ta f f r e p o r t days after being awarded the party ’s top ranks pakistan muslim leaguenawaz (pml-n) senior Vice-president and ch ef organiser mar yam nawaz has defended the dynastic politics and came down hard on those censuring her recent promotion a ot of peop e are furious over dynast c [politics] the nation’s love is not called a dynasty it s a democracy she said while addressing a charged crowd of supporters during the pml-n workers ’ convent on in punjab s Bahawalpur c ty on wednesday mar yam the sc on of the sharif family s pol tical dynasty dur ng her recent months-long trip to london has been tasked w th reorgan s ng the party by her father pml-n supremo and three-t me prime min ster nawaz sharif the pml-n sta wart s remarks on dynastic politics ” came following party leader shahid Khaqan abbas ’s resigna- sources said that the imF team on wednesday also discussed matters with FBR with regard to imposition of taxes sources said that the imF has asked the sources said that imF also demanded withdrawing sales tax concessions in phased out manner g ven to d fferent sectors whi e they also asked to mpose sa es tax on petrol upto 17% it is pertinent to mention that the government has not col ected any sales tax on petroleum products for the last 11 months earlier pakistan and the imF have begun ta ks on a ninth review of the $7 billion extended Fund Fac lity (eFF) the imF shared lists of prerequis te actions and told pakistani authorities n plain words that islamabad wil have to move towards implementing all demands for reviving the sta led Fund programme

Inflation jumps to 27.55pc, highest in almost 48 years

ISL AMABAD: Fo lowing the continuous deva uat on of local currency, import restrict ons, h ke in interest rates fue prices and other issues linked with the economic slowdown the annual inflation in the countr y has hit the h ghest 27 55 percent in the past almost 48 years accord ng to data released by pakistan Bureau of stat stics (pBs) on wednesday, the annua inflation n Januar y 2023 measured by the consumer pr ce index (cpi) has jumped to a decades-high level of 27 6 pc compared to 24 5pc n previous month and 13pc in Januar y 2022 the cpi index of 27 55 percent according to data is the highest one after may 1975 when t reg stered 27 77 pc the inflat on has spiked to the highest evel of 48 years at a t me when thousands of conta ners of food items, raw materials and equipment are stuck in ports after the cash-strapped government curtailed imports G h u l a m a b b a s t on from the sen or vice-president post earlier today the development was conf rmed by mohammad Zubair spokesperson for nawaz sharif he [abbasi] s a big leader and quitt ng the post wi l have no effect on him Zubair, who also ser ved as sindh governor told the media sources pr vy to the matter sa d abbasi decided to step down after mar yam was elevated as the party s ch ef organiser and senior v cepresident by prime min ster shehbaz shar f who is also the party s president speaking on her new y-designated pos t ons in the party, the pml-n vice-president said that the party titles have recently been given and she cher shes her supporters’ love more than the designat ons granted to her a ot is be ng said about my position [ n the party] i am stand ng by you without the position and you stood by me too i salute the people of Bahawalpur for supporting us during our testing times she said deeming her supporters as her biggest strength after allah during her address, mar yam a so ex- pressed grief over the peshawar pol ce lines blast, pray ng for the lost lives and a peaceful pakistan the suicide bombing at a mosque on monday claimed over 100 lives and injured more than 220 people she ater conveyed nawaz sharif s regards to the people of Bahawalpur a key city in pun ab nawaz sharif asked me to beg n the pol tica campaign from Bahawa pur ” censuring imran Khan-led pakistan tehreek-e-insaf (pti) for concocting l es about the pml-n mar yam sa d she would reveal the truths that the peop e of pakistan must know ” we shou d be thankful that pakistan sur v ved after returning from the edge of destruction, given where it came to in the last four years they [pti] had made a 12-year p an [to rule] imagine what would have happened had they cont nued ruling for 12 years mar yam said while commenting on the deteriorated economic state of the countr y due to imran Khan s rule from 2018 to 2022 “ever since the pml-n came nto islamabad s ta f f r e p o r t prime min ster shehbaz sharif wednesday raised serious concern over the resur facing of terrorism in Khyber-pakhtunkhwa accusing the pak stan tehreek-iinsaf (pti) of failing to mainta n secur ty desp te ava ability of special funds the meeting of the Federal cabinet unan mous y adopted a resolut on condemn ng the suicide attack n a mosque at the peshawar police lines the cab net further stressed the need of promot ng nat onal unity and solidar ty and raising of cohesive voice by all the political forces of the countr y against terrorists it called upon al the po it cal forces to shun their divisions and grievances, express unity for the interest of the countr y and ts peop e and unan mously converge on the agenda for elim nation of terrorism so that the national secur ty, solidarity, peace and economy could be protected n an effective manner the cabinet, as a representative of the people of pakistan and their elected government condemned n the strongest terms power, our opponents thought that it has gone quiet and weakened you ’ve circled the fie d as much as you could now t s the n-league’s turn,” she added speaking about the agreement imran Khan s gned as prime minister with the international monetar y Fund (imF) and how the terrorist incident in peshawar of Januar y 30 and expressed condolences and sympathies with the bereaved families the ent re nation shares the grief of the bereaved families,” the pm office media wing in a press release said the cabinet a so prayed for the high ranks of the shuhada (martyrs) and for their fam l es to bear the osses with fort tude it a so prayed for the early recover y of the injured people the cabinet also made it clear that those could neither be the muslims who targeted fellow mus ims at a place of worsh p nor deser ved to be called human beings under the teach ngs of the holy Quran and sunnah and the unanimous opinion of the learned re gious scholars, der ved from those teachings and declared in the ‘paigham-e-pakistan’ that such ncidents were openly against the tenets of islam and ‘ haram , the cabinet expressed it also expressed the resolve to eradicate all forms of terrorism, and ensure the protection of the lives and properties of the public, and that the blood of the pak stan s would be accounted for it destroyed the countr y s economy in the past, mar yam said: “imran Khan left the countr y hostaged by the imF by s gning the agreement it was a terrible pact But when he saw the [pm] cha r sl pping away he violated the agreement