Skip to main content

Epaper_24-01-28 LHR

Page 1

In partnership with

NINE PAKISTANIS KILLED IN ATTACK ON VEHICLE REPAIR SHOP IN IRAN

Profit

Sunday, 28 January, 2024 I 16 Rajab, 1445

g

Rs 15.00 | Vol XIV No 210 I 8 Pages I Lahore Edition

AMBASSADOR MUDASSIR TIPU URGES IRAN g VICTIMS HAILED FROM MULTAN, TO EXTEND FULL COOPERATION IN PROBE MUZAFFARAGARH AND BAHAWALPUR DISTRICTS

FO in touch with Iran over ‘horrifying and despicable’ incident ISLAMABAD

STAFF REPORT

A

TEHRAN AGENCIES

T least nine Pakistani nationals from Punjab province were killed and three others critically injured in an attack on a vehicle repair shop in the Sirkan area of Saravan City, located in Iran’s Sistan-Baluchistan Province, Iranian news agency The Qorasan Diary reported, citing Iranian and Pakistani officials as well as local media. The victims hailed from districts including Multan, Muzaffaragarh, and Bahawalpur, according to initial reports. The armed assailants responsible for the attack remain unidentified. Pakistan’s Ambassador to Iran, Muhammad Mudassir Tipu, confirmed the tragic incident and urged Iran to extend full cooperation in the matter. In a statement posted on his social media handle, Ambassador Tipu expressed deep shock over the killings and assured

that the embassy would provide support to the bereaved families. He also mentioned that a counselor from Zahidan is en route to the incident site and the hospital where the injured are receiving treatment. Ambassador Tipu, who earlier in the day presented his credentials to Iranian President Ebrahim Raisi in a special ceremony held at the presidency, emphasised the desire to strengthen ties between the two nations. He underscored Pakistan’s commitment to elevating Pakistan-Iran relations to new heights. The attack comes amidst recent tensions between Pakistan and Iran, triggered by a series of incidents. On January 16, Iran conducted missile and drone strikes within Pakistan’s Balochistan province, purportedly targeting the terrorist group Jaish ul-Adl. Pakistan condemned the “violation of its airspace” and recalled its ambassador from Iran. In response, Pakistan launched a missile strike on a border village in Iran’s southeastern Sistan-

ECP carries out mock test of EMS ahead of Feb 8 polls ISLAMABAD

STAFF REPORT

While the February 8 polls are less than two weeks away, the Election Commission of Pakistan (ECP) Saturday carried out a mock test of its Election Management System (EMS) with useful and encouraging results. The EMS, an automated and modern management system developed for tabulation of the election results, would be used by the ECP in the upcoming general elections to transmit and compile election results from presiding officers to returning officers. During the exercise involving Returning Officers’ (RO) offices at 859 locations across the country, as per the electoral body’s spokesperson, presiding officers were able to deliver results satisfactorily. The exercise saw the effective accomplishment of result transmission by presiding officers and subsequent compilation and tabulation by ROs without any issue, the spokesperson said, adding that if a presiding officer encounters difficulty in transmitting results to the RO via mobile phone, they are instructed to personally deliver the election results to the RO’s office. With the exercise involving fibre/DSL connectivity, EMS app log-in, usage, and the steps for results transmission and editing, the spokesperson acknowledged that the activity did face connectivity challenges causing minor issues in transmitting results to some presiding officers. However, the official said that the aforesaid connectivity issues are being promptly addressed. The development comes as elections in Pakistan have been marred with allegations of irregularities and rigging with political parties also raising questions on the ECP’s mechanism of transmitting, compiling and tabulating the poll results. During the 2018 general elections, the electoral body utilised its Results Transmission System (RTS) which, as per an ECP statement, suffered a “technical glitch” as it was being updated with election result data — leading to an overall delay in the announcement of poll results. The delay drew ire from political parties who have since then termed the polls as “RTS elections” — a political jibe against Pakistan Tehreek-e-Insaf (PTI) which triumphed in the 2018 general elections.

The Foreign Office (FO) on Saturday said it was in touch with Iranian authorities over the “horrifying and despicable” killing of Pakistani nationals by terrorists in the neighbouring country. Iran’s Mehr news agency reported earlier today that “according to witnesses, this morning unknown armed men killed nine non-Iranians in a house in the Sirkan neighbourhood of Saravan city” in the Sistan-Baluchistan province. The agency added that no group or individuals had claimed responsibility. The Baluch rights group Haalvash said on its website that the victims were Pakistani labourers, who lived at an auto repair shop where they worked. Three others were wounded, it said. A statement issued by FO spokesperson Mumtaz Zahra Baloch in response to media queries on the matter said: “It is a horrifying and despicable incident and we condemn it unequivocally. We are in touch with Iranian authorities and have underscored the need to immediately investigate the incident and hold to account those involved in this heinous crime.”

Baluchestan province on January 18, leading to Iranian protests. However, with the intervention of common friends, both nations agreed to ease tensions and restore diplomatic re-

She said Pakistan’s consul in Zahedan was en route to the hospital where the injured were being treated and would reach in a “few hours due to long distances and security imperatives involved”. Baloch said the consul will also meet local authorities and “impress upon them the urgent need for strong action against the perpetrators of this crime”. “We are fully seized of this grave matter and are taking all necessary measures in this regard. The embassy will do its best to repatriate dead bodies at the earliest,” she said. “Such cowardly attacks cannot deter Pakistan from its determination to fight terrorism,” the FO spokesperson added. Interim Foreign Minister Jalil Abbas Jilani termed the incident as an “attempt to spoil relations between Pakistan and Iran by our common enemies”.

lations. The deadly attack on Pakistani nationals in Iran adds complexity to the fragile relationship between the two neighboirs, raising concerns about security along their shared border.

Nawaz vows ‘cheap, increased’ electricity as PML-N launches manifesto LAHORE

STAFF REPORT

After a long wait, Pakistan Muslim League–Nawaz (PML-N) supremo Nawaz Sharif on Saturday launched the party’s ‘muchtalked-about’ manifesto on Saturday, reiterating the resolve to “fully implement” it if the party comes into power. The PML-N manifesto was launched at a gathering held in the party secretariat in Model Town. On the occasion, the former premier termed the country’s economy the most important aspect of PML-N’s manifesto. “It is painful to be expelled from the government, the mistakes must be known,” said Nawaz. “I do not want to go into the discussion of how RTS was closed, but if it had not been closed, we would have had a government at the Centre like in Punjab,” said the former PM. The PML-N supremo said he hoped people would read the party’s manifesto. “If I was there in the previous government instead of the person who you saw, I would have never done what he did,” said Nawaz about former premier Imran Khan. “The people of KP are easily fooled, as they voted for Imran

Khan,” said Nawaz. Nawaz vowed that if voted into power for the fourth time, the PML-N government would reduce power bills by 20 to 30 percent and provide “cheap and increased electricity” and increased development in the country. The manifesto also promises a massive job creation programme and easy-to-secure loans for establishing businesses. The party also plans to restore student unions in an attempt to win the youth’s favour, allocate funds for IT start-ups and expand the National Youth Scheme. ‘Key points of manifesto’ The manifesto outlines key priorities and commitments, with a strong emphasis on uplifting the agricultural sector and addressing climate change impacts.

One of the standout points in the manifesto is the commitment to elevate the status of farmers through agricultural innovation, aiming to shield the country from the adverse effects of climate change. The party envisions a comprehensive approach to tackle environmental challenges while promoting sustainable farming practices. The PML-N manifesto also highlights plans for constitutional, legal, judicial, and administrative reforms. Notably, it includes the restoration of Article 62/63 to its original state, emphasizing a commitment to constitutional integrity. Additionally, the manifesto signals the abolition of the National Accountability Bureau (NAB) as part of broader institutional reforms.

PPP unveils manifesto, urging voters to choose ‘new ideas’ ISLAMABAD

STAFF REPORT

The Pakistan Peoples Party (PPP) Saturday announced its detailed manifesto, presenting its plans for the people of Pakistan if it assumes power after a victory in the upcoming general elections on February 8. Taking to X, formerly Twitter, party chairman Bilawal Bhutto-Zardari shared the PPP manifesto, named “Chuno Nai Soch Ko” (Choose new ideas), directing his followers to visit a website to access the document. “The PPP is the only party with a plan to combat poverty, unemployment & inflation,” he wrote in his post on X. The manifesto mainly focuses on dealing with poverty and providing facilities to the working and lower class. It also outlines the healthcare facilities, education, food security and women’s empowerment. The PPP also promised to double the real incomes of wage earners by ensuring growth, investments and job creation as a real-time priority. It said that the minimum wage will be increased in real terms by 8% every year to take it to the living wage. The manifesto said that the PPP has always seen housing as a right, hence, it will provide homeownership for the most vulnerable including the poor, landless, and working classes. The Bilawal-led party will also launch the “Bhook Mitao Programme” which will ensure food security, by aiming to make nutritious food available at affordable prices, boost domestic production, subsidise local producers, and connect women with the market economy as active entrepreneurs. According to the party’s manifesto, PPP will issue labour cards for the country’s labour class. Through this card, the working class can pay their children’s school fees, avail health insurance and obtain old age benefits. The PPP, as per the party’s manifesto, will provide a stipend for one year through the Youth Card to educated young men and women. The party, once back in power, will also issue a Haari Kisan card ot provide subsidies on DAP and urea fertilizer, crop insurance will also be available through it. Meanwhile, small loans will be given to poor women through the Waseela-e-Haq programme. The party had earlier announced the following 10point agenda for the manifesto: n Double real income for wage earners — 8% increase every year n Free solar energy of 300 units for the poor; every district to have green energy parks n Education for all — rolling out projects for better education n Free health for all across Pakistan n Three million houses for flood affectees and the poor n Ghurbat Mitao: Expand BISP’s scope; introduce more welfare schemes n Khushhaal Kisaan: BISP-like programme for farmers and ‘Hari Card’ n Enhanced support for labourers through Benazir Mazdoor Card n ‘Youth Card’ for unemployed youth and ‘Youth Markaz’ n ‘Bhook Mitao Programme’

Imran dubs cypher trial a ‘joke’ over appointment of state defence team ISLAMABAD

STAFF REPORT

6tr Deploring the appointment of state defence counsels in the cypher case, former prime minister Imran Khan on Saturday said the trial was nothing less than a “joke” because the prosecution and defence team both belonged to the government. “The prosecution team and defence counsels both belong to the government,” Imran said during the hearing today. “This is a joke.” An order of Friday’s hearing issued on Saturday stated that Malik Abdur Rehman was appointed as Imran’s state defence counsel while Hazrat Younis would defend former foreign minister Shah Mahmood Qureshi. Authored by Judge Abual Hasnaat Muhammad Zulqarnain, the order noted that the defence counsel on January 16 had agreed to conduct the cross-examinations but did not appear in the next two court hearings. “Despite several opportunities given to

the learned counsels for accused persons, this court is left with no choice but to appoint defense counsels for the accused persons to conduct cross-examination of the prosecution witnesses (PWs),” the order stated. “They will represent the case and will conduct cross-examination on the PWs. All the remaining PWs be summoned and the PWs present in court today are bound [..] to come up on Jan 27, 2024,” it added. The cipher case pertains to a diplomatic document that the Federal Investigation Agency’s charge sheet alleges was never returned by Imran. The PTI has long held that the document contained a threat from the United States to oust Imran as prime minister. Last year in December, Justice Miangul Hasan Aurangzeb had restrained the special court from proceeding against the suspects — including Qureshi — till Jan 11, noting that there were “legal errors” in the case. The decision had come on Imran’s petition challenging the trial — being conducted

at Adiala Jail — and subsequent developments, including the framing of charges and a gag order on the media. The special court had begun the cipher trial afresh last month at the Adiala district jail after Imran and Qureshi were indicted for a second time in the case on December 13. The former premier and Qureshi, who is also behind bars, were first indicted in the case in October. Both had pleaded not guilty. The IHC had termed the government’s notification for a jail trial “erroneous” and scrapped the entire proceedings. In December, the Supreme Court had approved the post-arrest bails of Imran and Qureshi. While Imran remains incarcerated in other cases, Qureshi’s expected release was also stalled as he was manhandled and re-arrested in a fresh May 9 case. Yesterday, the FIA prosecutor asked the special court to close the defence counsel’s right to cross-examination, alleging that the defence side was applying delaying tactics to prolong the trial.


02 NEWS

CARETAKER FINANCE MINISTER URGES DOUBLING TAX-TO-GDP RATIO FOR DEVELOPMENT GOALS

D g

CUSTOMS REFORM URGENCY STRESSED BY FINANCE MINISTER AT WORLD CUSTOMS DAY EVENT

tor, emphasizing the urgency for reforms to address issues like money laundering, smuggling, fiscal fraud, and tax evasion, which have significant repercussions on the economy. The Finance Minister outlined a reform agenda, including the reduction of duty rates and the simplification of Statutory Regulatory Orders (SROs). He underscored an ongoing five-month consultation process within the Federal Board of Revenue (FBR), incorporating recommendations and schemes from FBR members. Dr. Akhtar ex-

PROFIT

news Desk

R. Shamshad Akhtar, Caretaker Finance Minister, delivered a pivotal message during the World Customs Day ceremony at Customs House Karachi, stressing the critical need to double the taxto-GDP ratio for achieving essential development goals. Addressing the audience, Dr. Akhtar highlighted challenges in the customs sec-

Pension reforms face opposition from Establishment Division

pressed confidence in surpassing a revenue target exceeding 4 trillion rupees. During the event, the Finance Minister discussed the integration of transit trade systems at border stations, a project supported by the Asian Development Bank. This initiative aims to expedite trade clearance without human intervention, potentially unlocking a revenue potential ranging from 2 to 4 trillion rupees in Pakistan. Dr. Akhtar emphasized the significance of reinforcing taxation and valuation processes to enhance revenue streams. In terms of financial transparency, Dr. Akhtar shared collaborative efforts between the Ministry of Energy and Ministry of Finance to inform the International Monetary Fund (IMF) about the revolving loans of

Pakistan Telecommunication Company Limited (PTCL) and Sui Southern Gas Company (SSGC). Dr. Farid Iqbal, Member Customs Operations FBR, addressed the gathering, highlighting the role of customs administrations in facilitating trade and safeguarding borders. Under the theme “Engaging Traditional and New Partners,” he emphasized the evolving dynamics of international trade and the essential nature of collaborative efforts. Acknowledging the Customs Department’s accomplishments, Collector of Customs Basit Abbasi commended the successful anti-smuggling campaign, resulting in the seizure of smuggled goods worth 3.5 billion rupees in 1000 cases over the last seven months.

PRL’s expansion project to reshape Pakistan’s energy landscape PROFIT

MonitoRing Desk

In a groundbreaking move to redefine industry standards, Pakistan Refinery Limited (PRL) revealed its ambitious plan on Friday to double its crude processing capacity from 50,000 to 100,000 barrels per day within the next five years, as reported by Business Recorder. The announcement was made during the ‘PRL Connect 2024’ event, which centered around the Refinery Expansion and Upgrade Project (REUP). The primary goal of the REUP initiative is to eliminate Furnace Oil production and focus on maximizing the production of high-value Euro V standard Petrol and Diesel. PRL aims to set new benchmarks for financial success and sustainability in the industry by aligning its operations with market demands. The completion period for this transformative project is set at five years. As part of the strategic realignment, PRL highlighted a significant development involving the shift in majority shareholding to Pakistan State Oil (PSO), underlining PSO’s commitment to PRL’s upgrade and expansion. This move is expected to secure a reliable supply chain for PSO, ensuring vertical integration. Tariq Kirmani, Chairman of PRL’s Board of Directors (BoD), emphasized the broader impact of the REUP initiative, stating, “This project generates employment opportunities, stimulates

PROFIT

MonitoRing Desk

The Establishment Division (ED), the custodian of the employees’ career path, has rejected some of the proposed pension reforms by the Ministry of Finance (MoF) as unfair and demoralising to government employees. The MoF had suggested in a summary to the cabinet that the pension benefits should be calculated based on 36month average salaries instead of only last drawn salary, and that early retirement should be discouraged by imposing a 3 to 10% penalty on the retiring employee. The ED argued that these changes would adversely affect the employees who are promoted in the last year of their service, as they would receive lower pension benefits than their peers due to the lower average value. It also said that the penalty on early retirement was too excessive and needed to be revisited, as there could be genuine reasons for opting for early retirement. The ED proposed to increase the retirement age by two years to 62 as an alternative option to contain pension liabilities, and warned that the MoF should consider this option to avoid negative impact of the proposed reforms on the morale of government employees. A ministry official, however, termed the ED’s suggestion regarding the increase in superannuation age as illogical, saying that it would shift the burden from the head of pension to the head of salaries and related perks of the in-service employees, especially those in the higher cadres. The MoF had also proposed to lower the retirement benefits by changing the ratio of commutation/pension from 35:65pc to 30:70pc and then to 25:75pc, and by discontinuing the restoration of full pension after completion of a number of years purchased. Moreover, the annual increase in pension would be given on gross or net at the time of retirement and indexed to the Consumer Price Index (80% of CPI of last three years) with a maximum increase of 10% per year. The MoF had also proposed to replace the defined benefit model of pension with the establishment of a pension fund, for which an initial seed amount of Rs 5 billion was allocated in the FY24 budget. The proposed pension reforms are aimed at containing the annual growth rate in pension liabilities, which have been increasing at an alarming rate due to the rising number of retirees and the generous pension benefits.

g

PRIMARY GOAL OF REUP INITIATIVE IS TO ELIMINATE FURNACE OIL PRODUCTION AND FOCUS ON MAXIMIZING PRODUCTION OF HIGH-VALUE EURO V STANDARD PETROL AND DIESEL

economic activity, and contributes significantly to the national GDP, reducing import dependency and saving valuable foreign exchange. It is not only beneficial for PRL but also for PSO and the entire country.” Highlighting operational achievements, Kirmani announced, “PRL achieved record-breaking profits, with 100% plant availability and the high-

est-ever sales of diesel and petrol in September 2023.” As a subsidiary of state-owned PSO, PRL has played a significant role in the petroleum industry since its incorporation as a public limited company in May 1960. The current expansion project is expected to make a substantial impact on Pakistan’s energy landscape.

PROFIT

Pakistan has recorded a milestone in its Information Technology (IT) sector, reporting a revenue of US $1,151.956 million from various IT services during the initial five months of the fiscal year 2023-24. This reflects a noteworthy growth of 5.89%, surpassing the US $1,087.929 million earned in the corresponding period of the previous fiscal year, according to the latest data from the Pakistan Bureau of Statistics (PBS). Breaking down the numbers, the export of computer services experienced a substantial 8.17% increase, reaching US $935.016 million compared to last year’s US $864.429 million, covering the months from July to November 2023. Within the realm of computer services, software consultancy services took the lead with an impressive 46.67% surge, escalating from US $1.710 million to US $2.508 million in the current fiscal year. Similarly, hardware consultancy services

OGRA proposes 41% surge in gas prices as govt approval pending PROFIT

news Desk

The Oil and Gas Regulatory Authority (OGRA) has recommended a substantial 41% increase in gas prices, awaiting government approval for implementation next month. This follows a staggering 400% rise in the past year, sparking widespread concerns and debates. The recent tariff restructuring, effective since November, classifies domestic consumers into two groups: non-protected and protected. Non-protected consumers, with an average consumption of 91 cubic meters or more from November to February, are expected to bear the brunt of the proposed 41% price hike. Those using less than 90 cubic meters fall under the protected category. This categorization is set to impact households differently, raising concerns about the economic strain on nonprotected consumers. As the nation awaits government approval, the potential gas price surge adds to ongoing economic discussions, prompting debates on its repercussions for the general population.

Foreign investors flock to Pakistan’s stock market PROFIT

news Desk

US to announce billions in subsidies for advanced chips: WSJ

PROFIT

ReuteRs

The Biden administration is expected to award billions of dollars in subsidies to top semiconductor companies including Intel(INTC.O), opens new tab, and Taiwan Semiconductor Manufacturing Co (2330.TW), opens new tab in the coming weeks to help build new factories in the United States, the Wall Street Journal reported on Saturday. The forthcoming announcements are aimed at kick-starting manufacturing of advanced semiconductors that power smartphones, artificial intelligence and weapons systems, the WSJ reported, citing industry executives familiar with the negotiations. The executives expect some announcements to

come before U.S. President Joe Biden’s State of the Union address on March 7, the WSJ report added. Among the likely recipients of the subsidies, Intel has projects under way in Arizona, Ohio, New Mexico and Oregon that will cost more than $43.5 billion, the paper said. Another likely recipient, Taiwan Semiconductor Manufacturing Co (TSMC) has two plants under construction near Phoenix for a total investment of $40 billion. South Korea’s Samsung Electronics, also a contender, has a $17.3 billion project in Texas. Micron Technology(MU.O), opens new tab, Texas Instruments (TXN.O), opens new tab and GlobalFoundries count among other top contenders, WSJ said citing industry executives. The U.S. Department of Commerce, Intel, and TSMC did not immediately respond to Reuters request for comment. In December last year, U.S. Commerce Secretary Gina Raimondo said she would make around a dozen funding awards for semiconductor chips within the next year, including multi-billion dollar announcements that could drastically reshape U.S. chip production. The first award was announced in December, of over $35 million to a BAE Systems(BAES.L), opens new tab facility in Hampshire to produce chips for fighter planes, part of a $39 billion “Chips for America” subsidy program approved by the U.S. Congress in 2022.

Pakistan’s IT services exports reach $1.15b, marking 5.89% growth in FY 2023-24 first five months news Desk

Sunday, 28 January, 2024 | LAHORE

g

CALL CENTER SERVICES PROPEL IT EXPORTS, RECORDING 11.11% INCREASE

demonstrated positive momentum, posting a 4.15% increase from US $318.041 million to US $331.231 million. Conversely, the export of repair and maintenance services faced a decline of 40.74%, dropping from US $1.485 million to US $0.880 million. On a positive note,

export and imports of computer software services increased by 4.05%, rising from $239.473 million to $249.179 million. Shifting focus to information services, there was a decline of 22.91%, with exports falling from US $1.790 million to US $1.380 million during the reviewed period.

Within the information services category, exports related to information witnessed a growth of 12.37%, increasing from US $0.485 million to US $0.545 million. In contrast, news agency services saw a decline of 36.02%, dropping from US $1.305 million to US $0.835 million. The export of telecommunication services experienced a modest decrease of 2.77%, declining from US $221.710 million to US $215.560 million, according to PBS data. Delving deeper into telecommunication services, call center services recorded an 11.11% increase in exports, rising from US $87.327 million to US $97.026 million. Meanwhile, other telecommunication services witnessed a decrease of 11.798%, falling from US $134.383 million to US $118.534 million during the current fiscal year. Pakistan’s consistent growth in the IT sector highlights its evolving global significance as a premier provider of highquality IT services, affirming its commitment to excellence in the international market.

Pakistan’s stock market witnessed a surge of foreign investment via Specially Convertible Rupee Accounts (SCRA) in the week ended on January 19, 2024. According to the State Bank of Pakistan (SBP), the net purchase of securities by foreign investors amounted to Rs 18.56 billion in the period under review, the highest level since February 14, 2020. The gross sale of securities was recorded at Rs 12.2 billion which is higher than $3.72 billion during the last week, while the total purchase of securities was recorded at Rs 30.76 billion, higher Rs 27.17 billion from prior week. The inflow of foreign funds through SCRA reflects the growing confidence of overseas investors in Pakistan’s economic prospects, amid a positive current account balance, a stable exchange rate, and a gradual recovery of the industrial sector. The SCRA mechanism allows non-resident investors to invest in Pakistani securities without opening a bank account in the country. The remittance into these accounts stood at Rs 19.4 billion, while the outflow was Rs 1.55 billion. The closing balance of SCRA was Rs24.78 billion.

Rupee continues to extend gains against US dollar PROFIT

news Desk

On Friday, The State Bank of Pakistan data suggests that the Pakistani currency reached its highest level in over three months, trading at Rs279.59 against the US dollar in the inter-bank market. The Pakistani currency experienced a cumulative gain of 9.84% or Rs27.51 against the US dollar over the past four and a half months, since reaching its all-time low of Rs307.1 per US dollar in September 2023 in interbank. This increase was fueled by a rise in foreign currency inflows compared to demand, which provided support to the local currency. The rupee gained strength following reports indicating a 3% increase in the central bank’s foreign exchange reserves, reaching a six-month high at $8.27 billion. This boost in reserves suggested a growing supply of the US dollar. Market analysts anticipate the rupee to remain stable around current levels until the general elections scheduled for February 8, 2024. Additionally, market participants are eagerly awaiting the next monetary policy announcement by the SBP on Monday, which may provide clarity on the short-term direction of the rupee.


STOLEN CHILDHOODS: THE PERVASIVE SHADOW OF CHILD LABOUR IN PAKISTAN Sunday, 28 January, 2024 | LAHORE

T

LAHORE

MuhAMMAD tAiMooR MAjiD

HE vibrant melody of kites dancing on the Pakistani sky carries a melancholic undertone. For amidst the playful flutter, thousands of children are robbed of their carefree childhoods, entangled in the harsh realities of child labour. This deeply ingrained issue continues to cast a long, dark shadow over the nation, stealing dreams, education, and health from its most vulnerable citizens. Estimates paint a grim picture. Around 3.3 million children are trapped in this web, their tiny hands forced to navigate hazardous mines, weave intricate carpets, or toil in brick kilns under scorching sun. Agriculture, domestic work, and street vending serve as other grim realities, exposing them to physical and mental trauma, stunted growth, and limited opportunities. Poverty is the iron fist that drives this exploitation. Families trapped in its relentless grip see their children’s labour

‘Tourism Boom’: PTDC drives profitable transformation

as a desperate lifeline, a meagre contribution to survival. This vicious cycle perpetuates itself, denying education and perpetuating illiteracy, hindering future escape from this servitude. However, rays of hope pierce through the darkness. Pakistan has ratified international conventions outlawing child labour and implemented laws setting minimum age requirements. Yet, enforcement remains a significant challenge. Weak monitoring, social acceptance, and economic desperation create loopholes that exploiters readily navigate. The struggle for change demands a multi-pronged approach. Education is key. Raising awareness among communities, fostering strong education systems, and providing vocational training to adults can alleviate economic pressure and offer brighter alternatives. Robust enforcement mechanisms, empowered labour inspectors, and harsher penalties for violators are crucial to deterring exploitation. Supporting NGOs and child rights organisations working tirelessly on the

PESHAWAR

Aziz BuneRi

Boasting the title of “best-performing destination” in 2023, the country is experiencing a vibrant upswing in tourism due to the efforts of Pakistan Tourism Development Corporation (PTDC). Recognizing the immense socio-economic potential of tourism, PTDC is crafting strategies to turn this sector into a goldmine for the national economy. “We’re not just aiming for recovery, we’re aiming for prosperity,” declared Aftabur Rahman Rana, PTDC’s Managing Director. Despite hurdles, PTDC has continued its mission. Visas are becoming hassle-free, infrastructure is getting a tourist-friendly makeover, and collaborations with travel agencies are blooming both domestically and internationally. Cultural events are taking center stage, showcasing Pakistan’s unique charm to the world. “This is a team effort,” Rana says. “Government and private sectors are joining forces to create a welcoming environment, from improved hospitality and guidance to enhanced safety and destination appeal.” Training for transportation staff is also on the agenda, ensuring a smooth and comfortable experience for every visitor. The success story is resonating in international reports. According to the World Tourism Organisation, Pakistan boasts a pre-pandemic recovery rate of 92%, a staggering feat. Compared to 2022, foreign tourist arrivals jumped by a whopping 115%, far exceeding the 62% average for Asia and the Pacific. From attending major events like ITB Berlin and the Arabian Travel Mart to launching dynamic online B2B meetings, PTDC is connecting with international operators and showcasing the splendor of Pakistan. “Salam Pakistan,” a captivating new tourism brand launched in August 2023, has further added to the allure, inviting both local and international explorers to discover the country’s breathtaking landscapes and rich cultural tapestry. A recent report by the Pakistan Institute of Development Economics highlights the key to unlocking even greater potential: stability. By ensuring a secure environment, Pakistan’s tourism sector can skyrocket, contributing a staggering Rs1 trillion to the economy.

FFC’s net profit grows by 48% in FY2023 PROFIT

news Desk

Fauji Fertilizer Company (FFC) announced its yearend financial results, revealing a 45.82% increase in sales, a 60.44% rise in gross profit, and a 48% growth in net profits for 2023 compared to 2022. According to a notice sent to the Pakistan Stock Exchange (PSX), the company’s board recommended a cash dividend of Rs 4.10 per share for the year ending December 31, 2023 – providing shareholders with a return rate of 41% on their invested money. This cash dividend is in addition to the interim dividend of Rs 11.39, already paid.

Non-Consolidated Financial Results

ground is another critical step. These brave individuals provide rescue, rehabilitation, and education opportunities, offering pathways towards a future free from exploitation. Eradicating child labour is not merely a policy issue; it requires a collective societal transformation. We must recognize the stolen childhoods, the shattered dreams, and the inherent injustice. Each of us, from policymakers to consumers, can play a role. Choosing ethically sourced prod-

ucts, advocating for stronger legislation, and supporting relevant organisations are all tangible steps towards a brighter future where every child’s laughter truly echoes with the joy of a childhood rightfully embraced. Let us, as a nation, rise to the challenge and create a Pakistan where kites soar not only in the sky, but also in the unfettered dreams of its children. Until then, the melancholic undertone will linger, a stark reminder of the stolen childhoods we must strive to reclaim.

Lucky Cement’s profits surge by 109% in first half of FY23 PROFIT

news Desk

Lucky Cement has reported a 12.7% increase in revenues, a 66.1% rise in operating profits, and a 109.1% growth in net profit for the half-year ending on December 31, 2023. According to a notice sent to the Pakistan Stock Exchange (PSX), the primary reason for the increase in gross revenues on a consolidated basis is the higher domestic sales and increased revenues from subsidiaries, namely Lucky Electric Power Company and Lucky Core Industries Limited. The company’s total cement dispatches increased by 23% year-onyear to 4.41 million tons which drove the high revenue growth during the period under review. Export

g

COMPANY’S BOARD RECOMMENDED NO CASH DIVIDEND, BONUS, OR RIGHT SHARE ISSUE

All Values in Million Except EPS................... 1H FY23........ 1H FY24....... Percentage Change Gross Revenue.................................................219,532.......... 247,475......... 12.7% Net Revenue.................................................... 185,590.......... 206,523......... 11.3% Gross Profit......................................................39,064............ 63,062........... 61.4% Gross Profit Margin.........................................17.79%...........25.48%..........43.2% Operating Profits............................................. 30,937............ 51,375........... 66.1% EBITDA.......................................................... 38,771............ 60,328........... 55.6% Net Profit......................................................... 18,324............ 38,324........... 109.2% Net Profit Margin............................................ 8.35%.............15.49%..........85.5% Net Profit Attributable to Company Owners...15,913............ 35,339........... 122.1% Earnings Per Share (EPS) RS..........................49.32.............. 117.19........... 137.6%

dispatches rose by 59% in the first half of FY24 compared to the 16% increase in local dispatches. The company also successfully added a new cement line in Pezu. Lucky Cement was incorporated

in Pakistan on September 18, 1993 under the Companies Ordinance, 1984 (now the Companies Act, 2017). The principal activity of the Company is the manufacturing and marketing of cement.

Atlas Honda’s profit surges by 79% in Q3 FY2023 PROFIT

news Desk

NEWS 03

Atlas Honda Limited (ATLH) announced a 17.09% rise in sales, 84.80% in operating profits, and 78.98% in net profits for the third quarter of FY2023, compared to the same period of the last fiscal year. In a notice sent to the Pakistan Stock Exchange (PSX) on Friday, Atlas Honda’s board approved the financials for the quarter ended December 31, 2023, and recommended no interim dividend. One of the reasons for the 84.80% increase in operating profit is the improvement in the company’s other income, which rose by 82.027% in the third quarter, compared to the same period last year. On the other hand, the com-

Quarter Ended

31-Dec 31-Dec All Values in Rs Billion...........2022......................2023............. Percentage Changes Sales..................................... 35.21.....................41.23............ 17.09% Cost of Sales.........................32.85.....................37.71............ 14.78% Gross Profit........................... 2.36.......................3.52.............. 49.27% Operating Profit..................... 2.23.......................4.12.............. 84.80% Profit for the Period............ 1.41.......................2.52.............. 78.98% ....................................................................2022.........2023........ Percentage Changes All Values in Rs Billion................................ 9-Months .9-Months ....................................................................Ending......Ending..... ....................................................................22-Dec..... 23-Dec Sales...........................................................102.48......115.42..... 12.63% Cost of sales............................................... (96.05)..... (107.59)...12.02% Gross Profit.................................................6.43..........7.82......... 21.75% Sales and marketing expenses...................(1.96)....... (2.26).......15.70% Administrative expenses.............................(0.60)....... (0.70).......15.70% Share of net profit / (loss) of an Associate.. (0.00)....... 0.01......... Other Income.............................................. 2.92..........6.24......... 113.77% Other expenses.......................................... (0.78)....... (0.75).......-3.35% Finance cost............................................... (0.04)....... (0.06).......28.10% Profit before taxation...................................5.97..........10.31....... 72.75% Taxation...................................................... (2.28)....... (4.23).......85.51% Net profit for the period............................3.69..........6.08......... 64.86%

pany’s financials suggest a 12.63% increase in revenues in the nine months ending on December 31, 2023, compared to the same period last year. Gross profit has risen by 21.75%, and net profit has risen by 64.86% YoY. There is also an exceptional in-

crease in profit after taxation (PAT) of 72.75% in 2023, primarily due to the increase in the company’s other income from Rs 2.92 billion in 2022 to Rs 6.24 billion in the first nine months ending on December 31. Other income is added to profit before taxation.

SCCI demands pragmatic steps for promotion of furniture industry PESHAWAR

Aziz BuneRi

Sarhad Chamber of Commerce and Industry (SCCI) vice president Ijaz Khan Afridi urged the government to take pragmatic steps for promotion of furniture industry in Khyber Pakhtunkhwa and highlighted the issues business people attached with this sector face. Ijaz Khan Afridi said that the furniture industry has played a pivotal role in economic development and enhancement of the country’s export, which should be lifted up at an optimal level. He was speaking as chief guest at the inaugural ceremony of the International Furniture and Craft Fair Pakistan 2024 Expo in Peshawar. Various Pakistani and international furniture brands were set up in the expo. During the opening event, RF Events Private Limited CEO Dr Nazish Faisal, organisers and representatives of partners and members of the business community were

present. Ijaz Afridi praised a variety of furniture in different designs during the exhibition and asked RF Events Private Limited and various other brands to share their issues with SCCI to address them on a chamber level with the government. The SCCI vice president said that a huge potential exists to make investment in the furniture sector of Khyber Pakhtunkhwa. On the occasion, the expo organiser told the SCCI vice president that the organisation has planned to hold Furniture Expo (Pak-Afghan Transit Exhibition) in Kabul, Afghanistan for which collaboration of the chamber is required, on which Ijaz Afridi said SCCI is ready to cooperate in this regard. Ijaz Afridi expressed satisfaction over the organisation of the mega furniture expo in Peshawar and hoped such events will continue in future in KP/Peshawar and the other parts of the country. Later, the SCCI vice president visited various stalls set up in the exhibition and lauded the furniture designs and quality of various brands.

All Values in Rs Billion... 2022.......2023..... Percentage Changes Sales..............................109.36....159.47.. 45.82% Gross Profit....................40.05......64.25.... 60.44% Profit for the Year...........20.05......29.67.... 48.00%

The company’s urea production reached an outstanding 2521 thousand tonnes in 2023 compared to the previous year. The profit for the year, totaling Rs 29.67 billion, includes Rs 17.1 billion of other income. Gas shortages have affected throughout the year, impacting not only its production but also exacerbating challenges for the farmers due to higher prices of Urea. Recent media reports suggest that the farming community of Pakistan is grappling with persistent challenges surrounding the availability of urea, worsening concerns as delays in distribution persist. Fauji Fertilizer Company Limited is a public company incorporated in Pakistan under the Companies Act, 1913, (now the Companies Act, 2017). The company’s principal activity is manufacturing, purchasing, and marketing fertilisers and chemicals, including investment in other fertiliSer, chemical, cement, energy generation, food processing and banking operations.

Profit repatriation surges 161% in 6MFY24

PROFIT

news Desk

Profit repatriation by foreign investors increased by 161 % to reach $567.7 million in the first half (JulyDec) of the current fiscal year FY 2023-24. State Bank of Pakistan (SBP) data revealed that multinational companies (MNCs) in Pakistan and foreign investors in the stock market repatriated $35.4 million in profits and dividends to their home countries in December, marking a contrast to the $46.8 million repatriated during the previous month. The surge in profit repatriation from foreign direct investment (FDI) was particularly pronounced, escalating to $521.4 million in July-December FY24 from $182.8 million during the same period in the preceding fiscal year. Similarly, profits and dividends from portfolio investments also saw an increase, amounting to $46.3 million in the first half of the current fiscal year compared to $34.8 million in the corresponding period a year ago. The rise in repatriated earnings is primarily due to MNCs accumulating profits and dividends following the SBP facilitation of foreign currency transfers to overseas headquarters, driven by improvements in inflows. In a recent report, the IMF emphasized the importance of maintaining a market-determined exchange rate to mitigate external shocks, rebuild SBP’s forex reserves, and foster economic growth. The IMF stressed the need to restore public confidence in the exchange rate system and deepen the foreign exchange market, highlighting the significance of ensuring unrestricted repatriation of profits and dividends to attract highquality FDI.


04 COMMENT

Community-Driven Development

Sunday, 28 January, 2024

Gaza at the ICJ

P

I

ICJ decision tried to give something for everyone

How to pull the country up by its bootstraps

ERHAPS the consolation for all Palestinians and their friends is that the International Court of Justice has found that Israel must be prevented from genocide. However, the ICJ did not accept the plea of South Africa, which was prosecuting the case, that there be an immediate ceasefire in Gaza, which must have been a source of strength for Israel and its supporters. It has as its most practical implication that the killing in Gaza may go on. The decision seems tailored to provide a sop to the consciences of those in the West protesting against the almost mechanical bloodshed, while allowing Israel to continue their slaughter. Israel has been asked by the court to give it a compliance report after a month, and did not decide on the genocide allegations, which could take months. The ICJ, it must be remembered, has no means of enforcing its decisions. The ICJ has acknowledged that the Israeli action was causing grievous humanitarian harm. It has not just to prevent its troops from committing genocide, but also to punish acts of incitement and take steps to improve the humanitarian situation. Israel’s reaction, expressed by its Prime Minister, Mr Benjamin Netanyahu, was that it had turned down the ‘outrageous’ demand that Israel ‘deprive itself of the right to defend itself’. This is even though the Hamas fighters who had entered Israel are accused of killing 1200 Israelis and kidnapping 240, while over 26,000 Palestinians have been slaughtered in Gaza by Israel. South Africa has expressed satisfaction at the decision, saying that it represented a ‘decisive victory’ in the international rule of law. Its Justice Minister, as well as Hamas and Pakistan, have expressed hope that the decision will be implemented. Their unintended irony was shown by Israel’s on-ground response: to continue its biggest offensive so far in the conflict which started on October 7 last year, in the midst of hundreds of thousands of civilians, including poignantly those who had fled their homes in the face of the initial Israeli assault on Gaza City, from three months ago.

SalMan MaSud

N Pakistan, local empowerment via aid entails assessing and endorsing community-led projects that are intended to improve the welfare and independence of local people. Community development is a pivotal approach aimed at fostering positive changes within societies, particularly in the context of developing nations. A variety of programmes are included in community development with the goal of improving the welfare of the local populace by including them in the process of making decisions and seeing those plans through to completion. In Pakistan, a country grappling with multifaceted challenges, community-driven development initiatives have emerged as a significant means to empower local populations and enhance their socioeconomic conditions. The historical background of community development in Pakistan, the role of various programmes, and the impact of local empowerment through aid, deserves examination. The roots of community development in Pakistan can be traced back to the post-colonial era, with early efforts by Christian missions establishing rural reconstruction centres during the colonial period. These centres aimed to train multi-purpose village workers and address health, education, and social welfare needs in targeted areas. However, it wasn’t until the 1950s that the term “community development” gained official recognition during the the British Colonial Office’s Cambridge Conference on the development of African Initiative. Since gaining its independence in 1947, Pakistan has had a complex history in community development. The initial decades were devoted to laying the groundwork for infrastructure, while the latter decades saw changes in the types of government, including Ayub Khan’s Basic Democracies and Zia-ulHaq’s Islamization. Social welfare was first implemented under the Bhutto administration, but economic difficulties and decentralization efforts dominated the 1990s. Devolution gained momentum in the mid-2000s, enabling local government. Since its inception, the government of Pakistan, in collaboration with international and national nongovernmental organizations (NGOs), has implemented various community development programs. These initiatives have sought to address the pressing challenges faced by the population, including poor infrastructure, illiteracy, rehabilitation of refugees, and widespread poverty. Some key government-led initiatives include Village Agriculture Industry Development (V-AID) which was initiated in the early stages of Pakistan’s independence, V-AID focused on building rural capital through improved farming practices, cottage industries, and animal husbandry. Designed to mobilize government resources with the active participation of local communities, V-AID aimed to reduce poverty and enhance the standard of living. The Integrated Rural Development Program (IRDP) was launched in 1972, based on the results of

Dedicated to the legacy of late Hameed Nizami

Arif Nizami (Late) Founding Editor

Yousaf Nizami

Poverty of Healthcare Infrastructure in Pakistan Editor Umar Aziz M. A. Niazi Joint Editor

Executive Editor

Why so short of facilities?

H

MuhaMMad ahMed hayat tarar

EALTHCARE has always been a huge issue in Pakistan.With its huge population the economy struggles to create new facilities, especially in the rural areas. One of the most evident manifestations of the scarcity of healthcare in Pakistan is the inadequate healthcare infrastructure, particularly in rural areas. While urban centres have a relatively better distribution of healthcare facilities, rural regions face a stark lack of healthcare infrastructure. Many villages and remote areas lack even the most basic healthcare centres, making access to medical services a daunting challenge for residents. Furthermore, transportation and distance add another layer of complexity to the problem. The necessity of traveling long distances to reach the nearest healthcare facility can be both costly and time-consuming. The underdeveloped road infrastructure in some regions further compounds these difficulties, making it nearly impossible for individuals to access medical assistance in emergencies. In addition to infrastructure, Pakistan faces a dire shortage of healthcare professionals, including doctors, nurses, and support staff. This

Everyone involved in the process of policymaking and allocating resources, should remember that health is something no one will compromise on, if possible. Even people in rural areas will seek out the best possible treatment.

I

Karachi – Ph: 021-32640318

Editor’s mail

Send your letters to: Letters to Editor, Pakistan Today, 4-Shaarey Fatima Jinnah, Lahore, Pakistan. E-mail: letters@pakistantoday.com.pk Letters should be addressed to Pakistan Today exclusively

The writer is a freelance columnist

I

The writer is a freelance columnist

Community development is not just a method; it is a process and a programme that requires planned interventions systematically addressing various issues. From government-led programmes to NGOled initiatives, these efforts have aimed to address the diverse challenges faced by communities. As the country navigates its path towards development, a continued focus on community-driven approaches, local empowerment, and collaborative efforts will be key to achieving sustainable progress and improving the living standards of the people.

istan in late 2021, many people were able to access free healthcare across the country. However, the larger issue still prevailed; In a country of 210 million people, 64 percent of its population is in rural areas, most of whom possess no identification. Since, to obtain the sehaat card, the identification number is needed, several million people cannot avail this opportunity. Thus the people as well as the country’s leaders need to make an effort together to make sure no one is left behind in receiving this benefit. Even in urban centres, patients from rural areas, as well as their families, generally make a beeline for teaching hospitals, not only because they have more facilities and better reputations. Even in the cities, non-teaching hospitals need to be brought up to the standard of teaching hospitals, both in terms of facilities and staff. Indeed, there is a need to improve both facilities and staff at the District Headquarter Hospitals and even the Rural Health Centres and Basic Health Units. It is not to be assumed that, just because the urban population enjoys better access to these hospitals, it is adequately served. Cities need improved healthcare infrastructure, and have been starved of the necessary funding for a long time. Specialist doctors are retained in urban centres with some difficulty, as they prefer to go abroad, while it is almost impossible to get them to go to rural areas, where generalist doctors are rare enough. However, retaining specialists, and sending them to rural areas, would require a social and economic transformation which cannot be discussed in this limited space. Everyone involved in the process of policymaking and allocating resources, should remember that health is something no one will compromise on, if possible. Even people in rural areas will seek out the best possible treatment. And especially if literacy is lacking, it is word-of-mouth that creates and destroys reputations. The government must try and build the reputes of its own institutions, rather than leave people to the tender mercies of the quacks and fakes who proliferate in the absence of proper and affordable facilities.

scarcity is especially pronounced in rural areas, as medical practitioners often prefer urban settings due to better career opportunities and living conditions. As a result, rural communities are left underserved and struggle to access essential healthcare services. The scarcity of healthcare professionals also leads to an overburdened healthcare system in urban centres, where large populations rely on a limited number of medical experts. This results in long waiting times, a reduced quality of care, and, in some cases, inadequate medical attention. Furthermore, financial barriers pose significant hurdles to accessing healthcare in Pakistan. The country’s high poverty rate, coupled with a large population, means that a considerable portion of the populace cannot afford even basic medical services. Private healthcare in Pakistan is often costly, while public healthcare facilities, although more affordable, may face shortages of resources and long waiting times. The lack of comprehensive health insurance further exacerbates financial barriers to healthcare access. Without insurance coverage, individuals and families must bear the full burden of medical expenses, which can push many into financial distress. This financial strain often deters people from seeking healthcare, even when they require urgent medical attention. The disparity between public and private healthcare services intensifies the scarcity of healthcare availability in Pakistan. Though the public healthcare system aims to provide affordable healthcare, it often struggles with issues related to quality and resource allocation. The private healthcare sector, on the other hand, while offering higher-quality services, is provided at a significantly higher cost. This unequal distribution of healthcare resources leaves those reliant on public facilities underserved. While explaining the financial difficulties of the people, we can reflect upon the sacrifices of our loved ones as they make sure that their beloved receive the best healthcare their country has to offer. Similarly to ensure the wellbeing of a nation’s citizens, healthcare should be the forefront of all policies made by a government. With the sehaat card issued by the Government of Pak-

Lahore – Ph: 042-36300938, 042-36375965

an experimental project for integrated rural development called the Shadab Pilot Project. The programme aimed to achieve self-sufficiency in food, improve the socio-economic conditions of small and medium farmers, and reduce poverty. The People’s Programme was Initiated by the Pakistan People’s Party government in 1989, and aimed to improve social and physical infrastructure, mobilize local resources, and provide welfare services to vulnerable populations. The Social Action Programme was launched in 1993-96, addressing basic needs not covered by previous development programmes. The programme focused on poverty alleviation and economic growth, with an emphasis on immediate solutions to the challenges faced by the population. The Benazir Income Support Programme (BISP) started in 2008, and aimed to provide cash transfers to eligible families, particularly women, to cushion the negative impact of economic challenges. In addition to government-led programs, various non-governmental organizations have played a crucial role in community development in Pakistan. Notable examples include the Orangi Pilot Project (OPP), Aga Khan Rural Support Program (AKRSP), and the National Rural Support Program (NRSP). The OPP was established in 1980 and focused on guiding local communities in Karachi to improve their quality of life. By providing social and technical guidance, OPP aimed to mobilize local resources and facilitate community development through self-help and enterprise. The AKRSP was founded in 1982, and it operates in Gilgit-Baltistan and Chitral, aiming to improve the quality of life in these regions. AKRSP’s approach is based on self-controlled development through social, economic, and human capital development, with a focus on empowering local communities. The NRSP was established in 1991, which operates as a non-profit organization to alleviate poverty by connecting people’s abilities and initiating development programs. NRSP’s approach involves mobilizing labour and resources, allowing communities to take charge of their development.

As Pakistan steps forward in community-driven development initiatives, it grapples with persistent challenges that cast shadows on its progress. The nation contends with a spectrum of issues, including recurring floods, the looming threat of terrorism, energy crises, food shortages, unemployment, and societal inequality. While the economy shows signs of growth, a significant segment of the population remains deprived of fundamental necessities such as healthcare, education, and access to safe drinking water. Floods, a recurring natural calamity, disrupt lives and infrastructure, demanding constant attention and resources for rehabilitation. The spectre of terrorism poses a continual threat to peace and stability, hindering the seamless execution of developmental projects. Energy crises and food shortages create barriers to sustained growth, affecting the livelihoods of many. Unemployment and social inequality further compound the challenges, necessitating a comprehensive approach to address the multifaceted needs of the population. In this complex landscape, the journey toward local empowerment faces hurdles that require strategic solutions and collaborative efforts. The resilience of community-driven development becomes paramount in overcoming these challenges, fostering a more inclusive and sustainable path forward for Pakistan. Striving for comprehensive development, the importance of community-driven initiatives cannot be overstated. It is crucial to foster a participatory approach, involving local communities in all stages of development, from needs assessment to program implementation. Community development is not just a method; it is a process and a programme that requires planned interventions systematically addressing various issues. From government-led programmes to NGO-led initiatives, these efforts have aimed to address the diverse challenges faced by communities. As the country navigates its path towards development, a continued focus on community-driven approaches, local empowerment, and collaborative efforts will be key to achieving sustainable progress and improving the living standards of the people.

Islamabad – Ph: 051-2204545

I

Importance of physical activities

THE current emphasis on academic achievement overshadows the importance of physical activities for our children. While academic success is crucial, we must not ignore the benefits of exercise for physical and mental wellbeing. Physical activities contribute not only to physical fitness, but also foster important life skills, such as teamwork and resilience. Educators, parents and policymakers should re-evaluate our educational priorities and ensure a balance between academic excellence and sporting achievement. Let us prioritise the holistic development of our children by incorporating more physical activities into the curriculum, and providing opportunities for sports and recreation to the children. NOOR USMAN ISLAMABAD

False promises

EVERY time there are elections in the country, politicians make big promises about the opportunities they will create and the prosperity they will bring to the people. However, nothing changes. The people of Larkana and surrounding areas are still deprived of their basic rights. The drainage system, education, healthcare and infrastructure in interior Sindh are in utter mess. The law and order situation in many areas is unspeakable. Our politicians neither bring the change they promise so often, nor do they bother to make an effort to that end. ARSLAN SHOUKAT MEMON LARKANA

School facilities

EACH day, over 150 students and three dedicated teachers gather at the Government Boys Primary School in Haji Laal Bux Waseer village in Ghotki to keep the flame of education alight. This they do under the open sky as there is no roof overhead. These students face harsh weather conditions, yet their commitment to learning remains unwavering. The same goes for the three teachers. Unfortu-nately, the school lacks a proper building, forcing the teachers and the students to sit under the trees. The plight of these children, teachers and their villages has gone unnoticed by political leaders and government officials for over two decades now. Is there any point in even hoping that things will change after the elections? MEHTAB ALI WASEER GHOTKI

Not enough

POVERTY and illiteracy are rampant in Pakistan. The feudal class dominates our politics, society and culture. It exploits the working class through the power it has accumulated over years and decades. The high rate of illiteracy further strengthens feudalism, and poverty enables the elite to buy the votes of the poor. Education can break the pattern of feudal dominance in rural parts of the country. Democracy cannot flourish in Pakistan unless the country undergoes social, economic and political reforms that include redistribution of agricultural land. Merely holding elections may not be enough. SAAD KHOSA SOHBATPUR

Web: www.pakistantoday.com.pk

I

Email: editorial@pakistantoday.com.pk


Deceptive election tactics in India Sunday, 28 January, 2024

From Pulwama to the Ram Temple Inauguration

E

abdul baSit alvi

LECTIONS offer citizens the authority to elect their leaders and influence their nation’s trajectory. However, in recent times, there has been growing apprehension about deceptive election tactics that erode the integrity of the electoral process. These dubious strategies encompass misinformation campaigns and endeavours to suppress voters, corroding faith in democratic institutions and jeopardizing the essence of representative governance. Within the fervour of Indian electoral competitions, politicians often resort to such unethical methods. A prevalent malpractice involves exploiting religious and caste divisions for votes. Politicians leverage identity politics, fostering rifts within communities for electoral advantages. This not only exacerbates societal divisions but also undermines the principles of secularism and inclusivity. Many politicians employ the divisive tactic of catering exclusively to specific communities or interest groups, perpetuating a fractured political landscape that impedes the formulation of comprehensive policies for all. Cash distribution and voter bribery are common in Indian elections, with politicians offering cash, gifts, or other incentives for support. This compromises the democratic process, fostering a culture of corruption and subverting voting on informed choices. Incumbent politicians often misuse state resources, diverting government assets for their campaigns. This unfair advantage disrupts the level

playing field. Indian election campaigns frequently witness false propaganda and disinformation to tarnish opponents. Rumours, fake news, and doctored videos circulate on various media platforms, swaying public opinion and diminishing the credibility of the electoral process. The association between politics and criminal elements remains a significant concern, as politicians with criminal backgrounds secure party tickets, casting a shadow of criminality over the political landscape. Violations of the Model Code of Conduct are not uncommon during Indian election campaigns, with politicians frequently flouting the MCC through hate speech, false promises, and inflammatory rhetoric. Strengthening enforcement mechanisms is essential for strict adherence to the MCC. Elections are imminent in India this year, and the BJP, as usual, is employing questionable methods to appeal to the Hindu majority. India’s electoral arena has witnessed the rise of disinformation campaigns, particularly on social media platforms. False narratives, misleading images, and fabricated stories often circulate, influencing public opinion and potentially impacting voter decisions. The extensive reach of social media makes it a powerful tool for those looking to manipulate the narrative. Voter suppression, aimed at obstructing specific groups from exercising their voting rights, is a concerning issue in India. Instances of voter intimidation, restrictive voting laws, and selective implementation of identification requirements have raised doubts about the inclusivity and fairness of the electoral process. False election tactics also involve exploiting religious and communal sentiments. Politicians may employ divisive rhetoric to polarize communities, seeking to consolidate support within specific demographics. This strategy undermines secularism and also risks escalating tensions within society. Election campaigns often face allegations of illicit financial practices, including distributing cash, gifts, or other incentives. These tactics compromise the democratic process by undermining the idea of elections

What does science tell about social media addiction?

The body has a natural baseline for dopamine, and whenever people want to feel a peak of dopamine rush, in other words, ‘artificial happiness,’ they have to cross the baseline. At one point, the body’s baseline dopamine is artificially raised because of constant consumption of social media

O

DAILY STAR

nayera abdullah

UR society is entrapped in an infinite maze of unavoidable notifications and unproductive videos from social media. Everyone talks of crossing this maze of addiction with numerous conjectural techniques. However, understanding the science behind social media obsession can help people know the logic behind their addictive practices and help them overcome such issues. In this era of momentous modernisation, people are getting more and more addicted to social media, and most are unaware of their own dependency. Social media gives people an instant dopamine rush and makes them feel ecstatic. Dopamine is a neurotransmitter released when we feel an unprecedented rush of motivation or when we are in complete expectation of a reward. In simpler words, it is a chemical generated in our body that makes us feel ecstatic. To gain the same rush or pleasure that we felt in the initial stages of using social media, we must spend more hours each passing day, as our body gets resistant to artificial dopamine rushes quickly. The body has a natural baseline for dopamine, and whenever people want to feel a peak of dopamine rush, in other words, “artificial happiness,” they have to cross the baseline. At one point, the body’s baseline dopamine is artificially raised because of constant consumption of social media. Soon, the body becomes increasingly unresponsive to the naturally produced dopamine, which is way lower than the artificial one. As time passes, it craves an artificial rush, and the individual spends more time on social media, leading to a further rise in the baseline and a further craving for social media to cross the baseline. So, from 10 minutes to 40 minutes to one hour, the consumption continues. This is known as the “Hedonic Treadmill Theory.” This theory explains that everything that is addictive in life must be consumed in larger amounts over time to receive the same stimulation as its initial stages, because the human body easily becomes resistant to smaller doses of the same thing. Therefore, it leads to addiction. According to Forbes magazine, an average teenager spends 5.8 hours daily on social media, and this rate is increasing alarmingly. Meanwhile, the euphoric sensation of pleasure and the undesirable feeling of pain are both controlled in the same sector of the human brain. Our body has a balancing system, scientifically called “homeostasis.” This modulates both emotions simultaneously, akin to a seesaw. Instead of children, the seesaw is occupied by pleasure on one side and pain on

as a fair competition of ideas rather than a transactional exchange. The spread of fake news and rumours contributes to distorted public discourse and makes it difficult for voters to make informed decisions. Recently, Modi inaugurated the Ram temple in Ayodhya, bringing back painful memories for Muslim residents. The Ram temple now stands on the site of the Babri Masjid, demolished by extremist Hindus in 1992. Ayodhya resident, Shahid, recounted the Babri Masjid’s destruction, stating, “On the day of the demolition, my father was set on fire by extremist Hindus…. But also my uncle and other relatives lost their lives.” Shahid noted that while the inauguration of the Ram Mandir was significant for Hindus, it left a void for the Muslim, as their mosque and connections were taken away. Shahid lamented that “the Mandir’s construction in the Mosque’s place has widened the gap between Muslims and Hindus.” Not only are Muslim mosques at risk, but Christian churches and Sikh gurdwaras also feel insecure. Modi’s timing of the temple inauguration, just weeks before the elections, is seen as an attempt to secure the support of the majority Hindus, showcasing his Hindutva and extremist approach. Modi and the BJP are engaging in misinformation by crafting a self-fabricated narrative about the post-Pulwama attack. Former High Commissioner to Pakistan Ajay Bisaria has disclosed many secrets in his latest book, Anger Management. According to him, India had informed Pakistan about the readiness of its missiles. In fear of an imminent Indian missile attack, the Pakistani PM urgently sought communication with PM Modi to prevent a full-blown military crisis. The call was facilitated by thenPakistani High Commissioner Sohail Mehmood, who contacted his counterpart in Delhi. These events unfolded a day after the Balakot airstrikes by the IAF on terror hideouts in Pakistan on 26 February 2019, in retaliation for a terrorist attack on Indian forces in Pulwama on February 14. The US and UK envoys to Delhi relayed that Pakistan was prepared to de-escalate and address India’s concerns about terrorism based on the information provided in India’s dossier. PM Modi, during a campaign speech, confirmed that it would have been a ‘Qatal ki Raat’ if Abhinandan had not been returned. The rev-

the other. When pleasure goes up, pain consequently goes down, and vice versa. Our body never wants an imbalance to occur. The body searches for ways to bring the seesaw to a base level. This is called the “Seesaw Theory.” When spending excessive time on social media, the metrics of pleasure go up. Nowadays, people mostly watch Reels and TikTok, where the videos end very quickly. As soon as the video finishes, our brain feels a sense of “completion.” Usually, whenever our body completes any action, it releases dopamine, which makes us feel “rewarded.” We chase this feeling of reward repeatedly, as we know that we can get it quickly through short videos on social media. This makes social media a uniquely attractive source of happiness and reward. This sense of pleasure continues to rise if we continue with the consumption: the pleasure side of the seesaw goes up. Now there is more pleasure than pain. This keeps on rising, as long as we stay on social media. However, as soon as we leave our mobile screens, the body regains its control on the seesaw. Now, there is no more external force, such as social media, misleading our brains. The body immediately senses the disproportionate distribution of the two feelings. It tips the seesaw towards the side of pain with equal force and intensity. Soon, we feel huge pain and search for ways to regain “pleasure.” Therefore, we resort to watching social media again, and soon it leads to addiction. However, there are ways to get rid of this addiction. Involving yourself in physical activities, like sports or exercise, increases dopamine naturally, leading to less usage of social media. Societal engagement also helps, as conversing about yourself with others and receiving their validation makes people feel rewarded and enhances internal peace. Thirdly, practise panoramic vision for 17 minutes each day. Focus on your breathing process and the surrounding environment in nature. This helps maintain mental agility and regain control over your own choices. Contributing to society and helping others also make us feel happier and rewarded, while self-control is imperative. The first two weeks of leaving social media will make us feel dopamine deficient, but in the third week, our brain reinforces control over our pleasure-pain system naturally, making us feel better. Besides, we can practise NSDR (non-sleep deep rest): this increases baseline dopamine by up to 65 percent in a natural and beneficial way. Meanwhile, spending some time under morning sunlight increases cortisol, a chemical that gives us energy and enforces dopamine throughout our body, making us feel elated. Finally, learning new skills, such as coding or a new language or musical instrument, makes us feel rewarded every day.

COMMENT 05

elation during India’s election period raises concerns about the story’s misleading nature, highlighting the potentially malicious intentions of Modi and the BJP in seeking support. Hindutva, rooted in the concept of cultural and national identity centred around Hinduism, has wielded significant influence in Indian politics. Under Modi’s leadership, the BJP has promoted Hindutva principles, raising concerns about the nation’s secular fabric. Modi’s tenure has witnessed an increased emphasis on religious symbolism, with public events such as the groundbreaking ceremony for Ayodha’s Ram Temple highlighting instances where religious symbolism takes centrestage. Such occurrences reinforce the perception of a government closely aligned with a specific religious identity. Modi’s administration has implemented changes that reflect a Hindu-centric perspective, including textbook revisions, appointments to cultural bodies, and shifts in curricular content. These changes have sparked concerns about the endorsement of a particular cultural and religious worldview. The protection of cows, considered sacred in Hinduism, has been a contentious issue. The enforcement of stricter laws on cow slaughter and the vigilante actions of certain groups have contributed to a charged atmosphere. The Citizenship Amendment Act (CAA) and discussions surrounding the National Register of Citizens (NRC) have been sources of controversy, disproportionately affecting minority communities, particularly Muslims, and raising questions about inclusivity and equality under the law. Communal tensions have erupted sporadically, prompting concerns about social cohesion. The Hindutva rhetoric has contributed to an environment where religious minorities feel marginalized. Modi has been a polarizing figure, drawing criticism for his leadership style and policy decisions. He has a;so been accused of falsehoods. As for the international scenario, the Modi government has faced numerous setbacks. India has found itself entangled in allegations of engaging in terrorism. A few months ago, Canada revealed its active pursuit of credible accusations linking Indian government agents to the assassination of a Sikh separatist leader in British Columbia.

This development severely strained diplomatic relations between the two. In an emergency statement to the House of Commons, Prime Minister Justin Trudeau staunchly asserted that any involvement of a foreign government in the killing of a Canadian citizen constitutes “an unacceptable violation of our sovereignty.” The victim, Hardeep Singh Nijjar, 45, was fatally shot outside a Sikh temple on June 18 in Surrey, a Vancouver suburb known for its substantial Sikh population. Nijjar openly advocated for a Sikh homeland in the form of an independent Khalistani state and had been labelled a “terrorist” by India in July 2020. Trudeau conveyed that Canadian security agencies have actively pursued credible allegations pointing to a potential connection between government agents from India and Nijjar’s demise. He indicated that he had directly raised the murder issue with Modi during the G20 summit in New Delhi and urged the Indian government to collaborate with Canada in thoroughly investigating the matter. Canada also took the unprecedented step of expelling India’s top intelligence agent stationed in the country. Furthermore, a court in Qatar imposed the death penalty on eight former Indian navy personnel, accusing them of espionage for Israel. The individuals sentenced included Captain Navtej Singh Gill, Captain Birendra Kumar Verma, Captain Saurabh Vasisht, Commander Amit Nagpal, Commander Purnendu Tiwari, Commander Sugunakar Pakala, Commander Sanjeev Gupta, and Sailor Rajesh. All of these ex-naval personnel were employed by Al Dahra Global Technologies and Consultancy Services, a company owned by an Oman Air Force exofficer, responsible for providing training and various services to Qatar’s armed forces and security agencies. The reality is evident on the global stage, and the Indian populace should take notice as well. Modi’s deceptions, and the BJP’s, are apparent, and citizens must demonstrate maturity during the forthcoming elections. A nation like India, which prides itself on being secular and civilized, should consider banning politicians and parties delivering nothing but false promises, superficial gestures, failures, extremism, and international embarrassment.

Oil, aid, airspace? Arab leaders’ options on Gaza conflict

I

The writer is a freelance columnist

The humanitarian situation in Gaza, as well as public anger at home, is putting pressure on Arab leaders. Some radical measures have been suggested, such as an oil embargo. But what options do Arab states really have? DW

Cathrin SChaer

T’S often described as the world’s first oil crisis. In the early 1970s, oil-producing Arab states decided to impose an oil embargo on the United States and others, including the Netherlands and Portugal, to punish them for their support of Israel. In October 1973, Syria and Egypt launched attacks on Israel in an attempt to recapture territory, including the Sinai Peninsula and Golan Heights, that Israel had occupied after Israeli-Arab fighting in 1967. Other Arab nations, such as leading oil producer Saudi Arabia, supported the effort with the “oil weapon,” as it was described by some at the time. The oil embargo ran until 1974 and had severe repercussions. Global oil prices rose by 300%, sparking high inflation and causing gasoline shortages and public fury in the US. But the embargo also helped force US diplomats to intervene in the region and bring the Egyptians and Israelis, who were fighting then, to the negotiating table. So why not use the “oil weapon” again now, some countries, including Algeria and Lebanon, suggested at a November meeting in Saudi Arabia where Arab leaders discussed how they should react to the current Gaza conflict. The idea was quickly dismissed, with officials from Saudi Arabia, an essential player in any such embargo, rejecting it outright. When it comes to reacting to the conflict in Gaza, Arab states face “a bit of conundrum,” said Khaled Elgindy, director of the Washington-based Middle East Institute’s program on Israeli-Palestinian affairs. “They are trying to balance various competing interests,” he told DW. “On one hand, they want to demonstrate to their own publics, which are extremely angry at both Israel and the US, that they are supportive of Palestinians. On the other, they don’t want to do anything that could jeopardize their relations, with the US in particular, further inflame violence in the region or destabilize their own regimes.”

UNDER PRESSURE TO REACT: A global oil embargo would lead to “direct confrontation with the US and other Western nations,” said Elgindy, which is why it’s unlikely. At the same time, Arab leaders are under increasing pressure to do something. The death toll in Gaza has climbed to more than 25,000, according to the enclave’s Hamas-run Health Ministry. The United Nations has also warned that Gaza’s population is at risk of starvation and disease because of an ongoing Israeli blockade. Some Arab leaders, including senior politicians from Qatar and Jordan, have warned of the risk of regional war and increasing radicalization among their own people. The Arab League, an organization for

regional cooperation, issued a resolution after meeting in Cairo on Monday, saying Arab countries “will adopt all legal, diplomatic and economic steps to prevent displacement of the Palestinian people.” A committee has been formed to look into what those steps might entail. What are the options? Some are simply not logical, explained the Middle East Institute’s Elgindy. “A country like Jordan, which is among the most vocal in anger at Israel and the US, is not going to do something like facilitate weapons and fighters into the West Bank. That would be counterproductive since it would clearly lead to more violence and instability for both Jordan and the Palestinians, as well as strain relations with Israel and the US.” But there are steps Arab leaders could take, he said, such as expelling Israeli ambassadors (even though many have already been evacuated due to anti-Israel protests), taking bolder steps to deliver aid without acquiescing to Israeli rules, preventing US weapons deliveries to Israel via US bases in Arab countries or joining South Africa’s court case against Israel at the International Court of Justice (ICJ), Elgindy suggested. “The fact that no Arab state has formally [joined the ICJ case] is striking,” he noted. Such a move “would certainly anger the US and, for those countries that have normalized ties, complicate relations with Israel. It could even trigger sanctions from the US. But such actions would likely be temporary.”

DON’T EXPECT ARAB UNITY, SAY EXPERTS: There’s unlikely to be any truly coordinated or tangible response from Arab states, said Adel Abdel Ghafar, director of the foreign policy and security program at the Middle East Council on Global Affairs based in Qatar. “Each of them has their own foreign policy calculations, and even the Gulf states are divided on some of these issues,” he explained. “That’s always been the weakness of coordinated Arab foreign policy.” Where some Arab nations have shown unity is in working through multilateral institutions like the United Nations

General Assembly, Abdel Ghafar continued, as well as working with non-Western powers, including China and Russia. He suggested Egypt and Jordan could do more individually, like accepting more medical cases or temporarily allowing displaced Palestinians. But it’s unlikely any countries with treaties with Israel would withdraw from those. “These peace treaties are also connected to security collaboration and economic incentives from the US,” said the Doha-based analyst. Right now, the pressure point that’s being pushed hardest is the threat of an end to the normalization of relations between Israel and Arab states. An Arabsponsored peace plan has recently been proposed which ties the prize of improved Israeli-Saudi ties to genuine progress toward a Palestinian state, and therefore a permanent solution to the decades-old conflict. True peace in the region will come “through a credible, irreversible progress towards a Palestinian state,” Saudi Arabia’s Foreign Minister Prince Faisal bin Farhan told US television channel CNN on Sunday. “We are fully ready— not just as Saudi Arabia, but as Arab states — to engage in that conversation.” If Israel doesn’t agree to this, bin Farhan said the offer is off the table. Israeli Prime Minister Benjamin Netanyahu has now said several times that he rejects the idea of a Palestinian state. And as Dina Esfandiary, a senior adviser at the International Crisis Group think tank, told the Bloomberg news agency, Arab states “know the Israelis are probably not going to sign up to something like this without significant pressure on them.” But holding out the prize of normalization with Saudi Arabia is about the only other option at the moment, said Abdel Ghafar, mainly because it seems Netanyahu is currently more motivated by domestic concerns and staying in power than any international issues, foreign allies or a united Arab front. The Saudi offer of normalization is “just about the limit of coordination between Arab countries,” he said.


06 NEWS

US, UK JOINTLY LAUNCH STRIKES ON HOUTHI SITES IN RED SEA PORT CITY

T

WASHINGTON AGENCIES

HE U.S.-British maritime coalition launched two strikes on Houthi positions in Yemen’s Red Sea port city of Hodeidah on Saturday morning, the Houthi-run al-Masirah TV reported. The U.S. retaliatory strikes came a few hours after the Houthis claimed responsibility for a missile attack on a British oil tanker, Marlin Luanda, in the Gulf of Aden on Friday. The United Kingdom Maritime Trade Operations, a British maritime observer agency, confirmed the attack on the tanker and said on X that the tanker called for assistance after it caught fire following the Houthi missile attack. Meanwhile, the U.S. Central Command said it conducted a self-defense strike against a Houthi missile. On Friday, tens of thousands of Yemenis who support the Houthi group protested in solidarity with Palestinians,

rejecting U.S.-British sanctions on Houthi senior officials and denouncing airstrikes on northern Yemen, much of which is controlled by the Houthis, including the capital, Sanaa, and the strategic Red Sea port city of Hodeidah. Participants waved PalestinianYemeni flags, held placards with images

Biggest consumer promotion launched in Pakistan’s real estate history LONDON

NEWS DESK

Embarking on a new era of opulent living, One Homes, Pakistan’s leading luxury developer, is unveiling an extraordinary promotion for discerning homeowners. Elevate your lifestyle by buying an apartment with One Homes and get a prestigious Mercedes in your driveway. This unparalleled offer, available for a limited time until February 29th, 2024, sets a pioneering benchmark in the landscape of Pakistani real estate. Mr. Aqib Hassan, the Chief Commercial Officer at One Homes, stated, “At One Homes, we consistently push boundaries to redefine luxury living. Our exclusive offer reflects our unwavering commitment to providing an extraordinary lifestyle that transcends the boundaries of your residence, introducing sophistication both on and off the road.” Renowned for crafting exceptional living spaces, One Homes is dedicated to redefining upscale living with a commitment to luxury and attention to detail. The developer’s portfolio includes prestigious projects like One Canal Road, Cedar Hills, and One Serene Residences, leaving an indelible mark on Lahore and Islamabad. Cedar Hills, the newest offering of One Homes comprises a trifecta of luxury apartment towers that provide a first-of-its-kind, branded residence and self-contained community. They found their fame through their stand-out project in Lahore, One Canal Road, a premier luxury living address, bringing together global award-winning partners and local expertise with grand apartments that redefine standards.

of Houthi leaders and chanted slogans against the United States and Israel. Also on Friday, Israeli raids along the Lebanese-Israeli border killed four Hezbollah members and wounded five civilians. The sources, who spoke on condition of anonymity, told Chinese media agency Xinhua that the casualties resulted from

Israeli airstrikes on three houses in Bayt Lif, a village in southern Lebanon. They said Israeli drones carried out 12 airstrikes on six towns and villages in the area, using 28 missiles, noting that Israeli artillery, in addition, fired about 80 shells at 18 locations in southern Lebanon. Meanwhile, Hezbollah said its fighters attacked several Israeli positions with Falaq-1 missiles for the first time. The Lebanese-Israeli border has been witnessing increased tension since October 8, 2023, after Hezbollah fired dozens of rockets toward Israel in support of the Hamas attack on Israel the previous day, prompting Israel to respond by firing heavy artillery toward southeastern Lebanon. The clashes have killed 234 people on the Lebanese side, including 168 Hezbollah members and 39 civilians, according to Lebanese security sources. As of Friday, over 26,000 Palestinians in the Gaza strip have been killed since the new round of Palestinian-Israel conflict, Gaza’s health ministry said.

China, France people-to-people bonds usher in new era on 60 years of diplomatic ties BEIJING

STAFF CORRESPONDENT

Chinese President Xi Jinping on Saturday exchanged congratulations with his French counterpart, Emmanuel Macron, on the 60th anniversary of diplomatic relations between the two countries. Attaching great importance to the development of bilateral ties, Xi said he stands ready to work with Macron to take the 60th anniversary of diplomatic ties as an opportunity to open up a new future and make China-France comprehensive strategic partnership more solid and dynamic, further contributing to improving the well-being of the two peoples and of humanity. Over the decades, the people of China and France have forged deep bonds in their friendly exchanges and shared cultural exploration. This winter at the distinguished Harbin Ice and Snow World, a landscape inspired by the China-France Year of Culture and Tourism is a vivid proof of these exchanges. It incorporates two world-famous cultural heritage sites, the Notre-Dame Cathedral in Paris and the Temple of Heaven in Beijing. The two ice sculptures, which represent China and France, are connected by a bridge symbolizing friendship. The sculptures were unveiled by French Tourism Minister Olivia Grégoire when he officially declared the commencement of the 2024 ChinaFrance Year of Culture and Tourism at the Harbin Ice and Snow World on January 5. Echoing Xi’s congratulatory message, Macron said in his message on Saturday that he looks for-

ward to working with the Chinese president to promote bilateral economic, cultural, and youth exchanges. Macron also said he looks forward to continually deepening France-China comprehensive strategic partnership with Xi, so that both sides can infuse renewed vitality into bilateral relations for the next 60 years. In a video speech to a reception in Beijing celebrating the 60th anniversary of diplomatic ties between China and France, Xi urged the two sides to expand cultural and peopleto-people exchanges, and promote closer people-to-people ties by taking the China-France Year of Culture and Tourism and the Paris Olympic Games as opportunities. In November 2023, the 6th meeting of the China-France highlevel dialogue mechanism on people-to-people exchanges was held in Beijing when the foreign ministers of both countries witnessed the signing of cooperation documents in fields such as education and scientific research, cultural tourism and health, with the release of a list of high-quality cultural exchange activities between the two coun-

tries in 2024. In the Paris 2024 Summer Olympics, the Chinese Olympic Committee will set up a “China House” during the event to host sports achievement displays, Chinese sports culture displays, and foster interactions between athletes in Chinese and French sports circles, among other activities to add more excitement to the Paris 2024 Summer Olympic Games, Chinese Ambassador to France Lu Shaye told China Media Group on Friday. Lu also noted that people-topeople exchanges between China and France have warmed up in the post-pandemic era. “Nearly 46,000 Chinese are studying in France and around 1,000 primary and secondary schools in France have opened Chinese language courses, with over 100,000 students learning Chinese.” Meanwhile, China rolled out a 15-day visa-free entry policy for ordinary passport holders from six countries, including France, further facilitating people-to-people exchanges. “If the China-France relationship is a big tree, the friendship between the two peoples is the firm and solid foundation,” said Lu.

Sunday, 28 January, 2024 | LAHORE

Nearly 10,000 minors sexually abused in German protestant churches BERLIN

AGENCIES

In a groundbreaking investigation commissioned by the Protestant Church in Germany (EKD) in 2020, a shocking report has surfaced, revealing that more than 9,000 children and teenagers have fallen victim to sexual abuse within the Protestant Church since the end of World War II. Led by Professor Martin Wazlawik from Hanover University, the report delves into a comprehensive analysis of sexual abuse cases, examining around 4,300 disciplinary files, 780 personal files, and over 1,300 additional documents. This marks the first nationwide study of its kind, aiming to shed light on both the scale of abuse and the structural causes within the Protestant Church. The independent researchers discovered that at least 1,259 perpetrators committed acts of sexual abuse upon 2,174 victims. However, due to the unavailability of certain files, the actual figures could be even higher. The study estimates that a staggering 9,355 children and young people have suffered sexual abuse since 1946, with almost one-third of the perpetrators identified as members of the clergy. The report further highlights disturbing patterns, revealing that approximately 64.7% of victims and a staggering 99.6% of perpetrators were male. The abuse ranged from unnecessary physical contact during sports lessons to sexual penetration. Additionally, it was noted that around three-quarters of the perpetrators were married at the time of their first offense. Facing these damning revelations, Bishop Kirsten Fehr, the interim president of the Council of the Protestant Church of Germany, publicly acknowledged the church’s failure to protect its members. “As an institution, we have wronged countless numbers of people,” said Bishop Fehr, asking for forgiveness and admitting the existence of structures that protect perpetrators. While the report sheds light on the magnitude of the issue, critics argue that the decentralized structure of the Protestant Church hampers effective investigations. This echoes similar challenges faced by the Catholic Church, as revealed in a 2018 study by the German Bishops’ Conference, suggesting a need for systemic reforms to address and prevent future instances of abuse. In the wake of these revelations, the German Protestant Church now faces a critical juncture, as it grapples with the need for transparency, accountability, and decisive actions to protect the vulnerable within its congregations.

China, US agree to boost cooperation in Artificial Intelligence, anti-drugs ops BANGKOK

STAFF CORRESPONDENT

China and the U.S. have agreed to launch a joint working group on anti-drug cooperation, the first meeting of the China-U.S. intergovernmental dialogue mechanism on artificial intelligence this spring, and take further steps to expand people-to-people exchanges as Chinese Foreign Minister Wang Yi held a new round of meetings with U.S. National Security Advisor Jake Sullivan in Bangkok, Thailand on Friday and Saturday. Wang, also a member of the Political Bureau of the Communist Party of China Central Committee, discussed the implementation of the consensus of the San Francisco meeting of the two heads of state and the proper handling of important and sensitive issues in China-U.S. relations with Sullivan. Noting that this year marks the 45th anniversary of the establishment of diplomatic relations between China and the U.S., Wang said the two sides should take this opportunity to treat each other as equals rather than take a condescending attitude, seek common ground rather than accentuate differences and earnestly respect rather than undermine each other’s core interests. Wang added that the two sides should work together to find the right way of getting along through mutual respect, peaceful coexistence and win-win cooperation. He emphasized that the Taiwan question is China’s internal affair, and the Taiwan regional election cannot change the basic fact that Taiwan is a part of China. “Taiwan independence” is the biggest risk to peace and stability in the Taiwan Straits as well as the biggest challenge to China-U.S. relations, he stressed. The U.S. side must abide by the one-China principle and the three China-U.S. joint communiques, put its commitment of not supporting “Taiwan independence” into action, and support the peaceful reunification of China, he said. Wang noted that all countries have national security concerns, but they must be legitimate and reasonable, and cannot be politicized, let alone used to contain and suppress the development of other countries. During their talks, the two sides agreed to further discuss the boundary between national security and economic activities. Both sides agreed to work together to implement the San Francisco Vision: the two heads of state will maintain regular contact and provide strategic leadership for bilateral relations; promote U.S.-China exchanges at all levels in all fields, making good use of the current strategic communication channels as well as a series of dialogues and consultation mechanisms in the areas of diplomacy, the two militaries, economy, finance, commerce and climate change.


Sunday, 28 January, 2024 | LAHORE

CORPORATE CORNER

T g

A group photo of prominent mathematicians and accountants Sir Ahmad Saya, Dr Ahmed Ali and other participants in the Accounting and Maths competition organized among O and A level students at Marriott Hotel under the auspices of Evaluate 2024. The event was sponsored by Ad Folio International Education Counselors. PR

1st Alumni festival of Arts Council of Pakistan Karachi kicks off

DECISION ADHERES TO COMMITMENTS MADE TO IMF UNDER MEMORANDUM OF ECONOMIC AND FINANCIAL POLICIES PROFIT

NEWS DESK

HE Economic Coordination Committee (ECC) of the Cabinet has sanctioned approximately Rs 272 billion in technical supplementary grants (TSGs) for the fiscal year 2023-24. This move is in line with the government’s financial management practices and does not indicate an increase in overall government expenditure. A technical supplementary grant involves reallocating funds from one budget area to another, without increasing the total budget. This differs from regular supplementary grants, which in-

volve increasing the allocated budget. The decision adheres to the commitments made to the International Monetary Fund (IMF) under the Memorandum of Economic and Financial Policies (MEFP). The coalition government led by Mian Shehbaz Sharif assured in the MEFP dated July 18, 2023, that it would not authorize supplementary grants for unbudgeted spending over the parliamentary approved level in the fiscal year 2024, barring emergency responses to severe natural disasters. This commitment was reaffirmed by the caretaker government in the latest MEFP released on January 19, 2024. Key approvals by the ECC include

a grant of Rs 484 million on October 23, 2023, for the Earthquake Reconstruction and Rehabilitation Authority (ERRA) to cover salaries of contract and project employees. This was followed by a grant of Rs 47.45 million on November 10, 2023, for the Ministry of Interior for repair and maintenance activities. On the same date, a Rs 5 billion grant was approved for the Digital Information Infrastructure project under the Ministry of Information Technology & Telecommunication. The ECC, on November 15, 2023, also approved Rs 423.726 million for the Ministry of Energy (Petroleum Division) for its Public Sector Development Programme (PSDP) projects. Furthermore,

Profit rates on national savings schemes reduced g

RATE OF RETURN FOR SPECIAL SAVINGS CERTIFICATES HAS BEEN REDUCED FROM 16.04% TO 16% FOR FIRST FIVE YEARS PROFIT

NEWS DESK

KARACHI: The "First Alumni Festival 2024" organized by the Arts Council of Pakistan Karachi, kicked off in Karachi. Renowned scholar and humorist Anwar Maqsood, and the provincial Minister of Information, Minority Affairs, Social Protection, and President Arts Council of Pakistan Karachi Muhammad Ahmed Shah. Shah inaugurated the festival. Addressing the gathering during the opening ceremony, Anwar Maqsood praised Ahmed Shah for his dedicated work towards the promotion of art and culture. He acknowledged the exceptional work done by the participating students and urged them not to rush into selling their work, advising them to accumulate experience over time. He encouraged students to continue their efforts, emphasizing that the destination of their journey is unknown, and they should focus on refining their craft.Muhammad Ahmed Shah, in his address, highlighted that the Arts Council aims to bring art out of elitist circles and onto the streets. He commended mentors like Anwar Maqsood, who guide students, expressing the council's commitment to educating students with a passion for learning and creating. Shah mentioned the outstanding role played by the Arts Council faculty and praised the efforts of Zeeshan, a visual artist teaching in the Arts Council. PR

07

GOVT APPROVES RS272B AS TECHNICAL SUPPLEMENTARY GRANTS WITHIN CURRENT FY NEWS

The Central Directorate of National Savings (CDNS) has slashed profit rates on different savings schemes ahead of the central bank’s upcoming monetary policy announcement. As per a notification issued by the Ministry of Finance, the rate of return for Special Savings Certificates and accounts has been reduced from 16.04% to 16% for the first five years, and from 17.4% to 16.6% for the sixth year. Defence Savings Certificates have seen a decrease in average

rates from 14.39% to 14.2%. The rate of return on Regular Income Certificates is now 15%, down from 15.12%. In the category of Shortterm Savings Certificates (STSC), the three-month, six-month, and one-year instruments have experienced a slight reduction in returns. The one-year STSC, for example, now yields 20.34% compared to the previous 20.8%. Furthermore, the Sharia-compliant savings instruments have undergone more significant adjustments. The one-year Sarwa Islamic Term Account (SITA) now offers an expected return of 18.54%, a

decrease from 21.37%. Similarly, the three-year and five-year SITA have seen reductions in their expected profit rates. However, the returns on the Behbood Savings Certificate, Pensioners’ Benefit Account, and Shuhadas Family Welfare Account remain unchanged at 16.08%. The markup rate on savings accounts also continues at 20.5%, as does the rate on the Sharia-compliant Sarwa Islamic Savings Account (SISA). The CDNS has issued revised rate sheets to all regional offices, with the new rates effective from January 26.

China's Journey: Rising Above Challenges, Embracing Sustainable Growth SYED ALI NAWAZ GILANI

In the complex web of global economic intricacies, we witness the ascent of a nation that has not only carved out a remarkable success story on its own soil but has also emerged as a towering force on the global stage. China's journey is a continuation, where resilience, determination, and a commitment to navigate challenges have transformed it into a beacon of economic prowess. At the forefront of this transformative journey is the National Financial Regulatory Administration (NFRA), the driving force behind China's unwavering dedication to financial openness and security. This commitment is not merely a statement of intent; rather, it lays the groundwork for a robust and secure economic foundation upon which the nation's prosperity is built. As we delve into the intricate landscape of global economic dynamics, we find China navigating challenges with steadfast determination, spearheaded by the visionary initiatives of the NFRA. China's dedication to financial openness and security takes center stage as the NFRA strategically coordinates efforts to attract foreign investors while propelling the global expansion of Chinese firms. The emphasis on a balanced approach underscores the nation's commitment to creating a robust and secure financial environment. This strategic vision positions China at the forefront of global economic cooperation. The commitment extends further with a bid to attract high-quality financial resources from around the world. China opens its doors to foreign institutions, encouraging their involvement in sectors such as wealth management, elderly care, healthcare, and non-performing asset disposal. This strategic move not only fosters international collaboration but positions China as a magnet for expertise and distinctive features from diverse corners of the globe. Highlighting confidence in China's market potential, global banking giant Standard Chartered announces plans to invest $300 million by the end of

2024. The investment is strategically aligned with the nation's vision for diversified and sustainable financial services. Standard Chartered's focus areas include wealth management, retail banking, corporate and institutional banking, sustainability, and risk management. This substantial investment signals a robust partnership between the international financial sector and China's thriving economic landscape. The indomitable connection between China and Pakistan assumes a pivotal role, spotlighting a relationship founded on mutual solidarity and unwavering commitment. At the forefront of this robust alliance, Chinese Vice Foreign Minister Sun Weidong emphatically reaffirms China's steadfast support for Pakistan, underscoring its significance on vital matters. This includes a dedicated commitment to upholding principles of sovereignty, territorial integrity, and fostering economic development within the region. This enduring friendship extends beyond diplomatic rhetoric; it serves as a cornerstone of China's foreign policy, embodying shared values and goals. Rooted in a history of collaboration and trust, the bond between these two nations transcends geographical boundaries, acting as a catalyst for mutual growth and prosperity. As China and Pakistan continue to stand shoulder to shoulder on the global stage, this enduring friendship stands as a testament to the strength of diplomatic ties and the potential for shared success in the realms of economic development and international cooperation. China's investment in the China-Pakistan Economic Corridor (CPEC) yields tangible results. In December 2023 alone, Pakistan received $56.9 million in foreign direct investment (FDI) from China. With a cumulative investment of $292.8 million in the first six months of FY 202324, China remains the leading investor. Completed projects, including highways, power plants, and industrial parks, underscore the transformative impact of the CPEC initiative on regional development. China's GDP growth of 5.2 percent in 2023 surpasses not only annual targets but also the estimated average global growth of 3 percent. Premier Li Qiang underscores China's role as the world's largest growth engine, emphasizing global cooperation. Analysts commend China's steady economic growth, citing vibrant services sector spending, high-end manufacturing, and progress in foreign trade activities. As China strides into 2024, the outlook is optimistic despite global challenges. Projections from international organizations signal China's significant potential for expansion. Experts suggest a GDP growth target of 5 percent, highlighting China's ability to guide green consumption and investment as part of its commitment to sustainable development.

on December 20, 2023, the Power Division received an approval for Rs 262.075 billion to support public sector power plants. In the latest round of approvals on January 9, 2024, the ECC sanctioned Rs 250 million for the Intelligence Bureau’s upgradation and technical enhancement, Rs 3,568.719 million for the Federal Directorate of Immunization (FDI), and Rs 100 million for the Ministry of InterProvincial Coordination. These allocations are part of the government’s ongoing efforts to manage its fiscal responsibilities while adhering to its commitments to international financial institutions and maintaining the budgetary discipline mandated by parliament.

JLI becomes official insurance Partner for HBL PSL Season 9

KARACHI: Jubilee Life Insurance (JLI), the largest private sector insurance company in Pakistan, partnered with Pakistan Cricket Board as the Official Insurance Partner for HBL PSL Season 9. The announcement was made at the Gadaffi Stadium, Lahore, and was attended by Syed Usman Qaiser, Head of Marketing and Brand Management, Jubilee Life Insurance, Naila Bhatti League Commissioner HBL PSL, and Sohaib Sheikh, Director HBL PSL.This is the 7th consecutive year that Jubilee Life has partnered with HBL PSL as the Official Insurance Partner. The partnership has been lauded by both sides as a significant opportunity for the mutual growth and development of the two brands. The HBL PSL Season 9 is set to begin on February 17 in Lahore. PR

Ministry of Energy announces Oil, Gas and Minerals Career Expo ISLAMABAD PR

The Ministry of Energy (Petroleum Division), in collaboration with Pakistan Petroleum Limited, one of the leading national Exploration and Production company, is thrilled to announce first of its kind, national level upcoming career expo set to take place on January 31 and February 1, 2024 at the Pakistan China Friendship Centre, Islamabad. With the theme “Fuelling Futures”, the Career Expo 2024 aims to create awareness and bridge the gap between students and Oil, Gas and Mineral Companies. It will facilitate meaningful interactions, and career development resources for attendees as the senior management and Human Resource representatives of leading companies will be at the event, providing the attending undergraduates and graduates with a unique platform to explore exciting career prospects in the energy and mineral sector. Minister For Energy Mr. Muhammad Ali expressed his high expectations for the upcoming event and remarked that it reflects our commitment to fostering talent development and driving innovation in the workforce. Investing in our youth and skills development.


DR MAHRANG LAMBASTS IMPOSITION OF SECTION 144 IN BALOCHISTAN

Sunday, 28 January, 2024

PRAYER TIMINGS

NEWS

L

QUETTA

STAFF REPORT

EADER of Baloch Yakjehti Council (BYC) Activist Dr Mahrang Baloch on Saturday criticized the imposition of Section 144 in Quetta, calling it “an attempt to disrupt the right to peaceful assembly.” In a post on X (formerly Twitter), Dr Mahrang said that the Balochistan government had imposed Section 144 to ban public gatherings as part of “phase five of our peaceful movement against human rights abuses, extrajudicial killings, and enforced disappearances through a rally in Quetta”. Section 144 was imposed by the provincial government in Quetta for 10 days on Friday to prohibit public gatherings, after the Counter-Terrorism Department (CTD) police thwarted a major terrorist attack planned in Quetta and arrested a key commander of the banned

Tehreek-i-Taliban Pakistan (TTP). Jan Achakzai, Balochistan’s caretaker information minister, emphasised that Section 144 had been imposed to en-

Top TTP militant among 11 terrorists nabbed in Punjab IBOs: CTD LAHORE

sure public safety following continuous reports of security threats. After the move, he had said, obtaining a no-objection certificate from the

deputy commissioner of Quetta had been made mandatory to hold election campaign meetings or other gatherings. However, according to Dr Mahrang, the imposition of Section 144 was an attempt to disrupt the “peaceful gathering” of protesters. “I want to draw your attention to the fact that in case of any unpleasant event or anything happening to peaceful protesters and the families of missing persons, Caretaker Prime Minister Anwaar Ul Haq Kakar, government provincial spokesperson Jan Achakzai, the Balochistan government, and law enforcement agencies must be held accountable,” Dr Baloch. She added that a government spokesperson had also spread rumors about the possibility of a suicide bombing. After conducting a month-long protest sit-in in Islamabad, the participants of the Turbat long march, led by Dr Baloch, had on Thursday arrived in Quetta with a plan to stage a rally in the provincial capital today.

Bilawal renews ‘no political prisoners’ pledge if voted to power PESHAWAR

STAFF REPORT

STAFF REPORT

The Punjab Counter-Terrorism Department on Saturday claimed to have arrested 11 terrorists including a key commander of the banned Tehreek-eTaliban Pakistan (TTP). The arrests were made during intelligence-based operations conducted in various districts across the province. According to a spokesman, the CTD conducted targeted operations in various areas of Lahore, Sargodha, Jhang, Bahawalpur, Sahiwal, Narowal and Jhelum districts. He said the arrested terrorists were: identified as Gull Shahdin, Kazim, Nawab, Osama, Ijaz, Zaheer, Mustafa Khan and Rasool Khan. The CTD also claimed to recover suicide jackets, IED bombs, 2 detonators, 11 security fuses, 17 prime cards and cash from the possession of the terrorists. The spokesperson informed that the TTP key commander, arrested from Bahawalpur, had received terror training from Afghanistan. The arrested terrorists were planning attacks on state installations. The CTD official said during the current week, more than 790 combing operations were conducted by the security officials and more than 33546 suspects were interrogated. He reiterated the resolve that the CTD was committed to eradicate poverty from the province.

Pneumonia outbreak kills over 240 children in Punjab LAHORE

STAFF REPORT

Pneumonia continued to claim lives as 7 more children have died of the disease during the past 24 hours in Punjab, says in media reports. According to the Punjab Health Department, a total of 942 new pneumonia cases have been reported across the province in the last 24 hours, with Lahore confirming pneumonia in 212 new patients. Over the course of the current month, Punjab has reported 244 pneumonia-related deaths, with Lahore alone recording 50 fatalities. Health experts attribute the rapid increase in cases and deaths in Punjab to the environmental pollution caused by smog during the winter season. “Smog, prevalent during the winter months, contributes significantly to the rise in pneumonia cases,” the health department officials. Pneumonia is an infection in the lungs, often caused by viruses. It can manifest after symptoms of a cold or flu and can range from mild to severe. Typically, pneumonia is more common in children aged five or younger. The health authorities in Punjab are working to address the surge in pneumonia cases, emphasizing the need for public awareness and preventive measures to curb the spread of the infection. Signs and symptoms of pneumonia may include: Chest pain when you breathe or cough Confusion or changes in mental awareness (in adults age 65 and older), Cough, which may produce phlegm, Fatigue Fever, sweating and shaking chills Lower than normal body temperature (in adults older than age 65 and people with weak immune systems)

Accusing the former ruling parties for indulging in revenge-centric politics, the Pakistan Peoples Party (PPP) Chairman Bilawal BhuttoZardari has renewed his vow that there will be “no political prisoners” if his party is voted to power. “The Pakistan Muslim LeagueNawaz (PML-N) and the Pakistan Tehreek-e-Insaf (PTI) were involved in doing politics of hate,” the PPP chief said while addressing an election rally in Peshawar’s Hayatabad on Saturday — ahead of the February 8 general polls. Expressing sorrow over the embattled Imran Khan-founded party during electioneering in Khyber Pakhtunkhwa (KP), Pakistan Peoples Party (PPP) Chairman Bilawal Bhutto-Zardari has said Pakistan Tehreek-e-Insaf (PTI) gets bad karma after trying to clutch political lifeline of its rivals. The PPP chief, in his address to an election rally in Peshawar’s Hayatabad on Saturday — ahead of the February 8 nationwide polls — blamed PTI and Pakistan Muslim League-Nawaz (PML-N) for promoting the “politics of hate” in the country. He has also thrown shade at Jamiat Ulema-e-Islam-Fazl (JUIF) Emir Maulana Fazlur Rehman, saying: “I don’t know what would happen to those who were trying to run away from elections due to winter season. They have the history of running away from polls whether it was municipal elections or by-polls.” Firing salvo at the former

prime minister, the PPP leader said, “We kept asking Khan sahib [during Imran Khan’s tenure] to refrain from arresting women and stop doing politics of hate. The PTI founder had toppled his government by saying ‘surprise’. How do you feel about the surprise now?” The former premier had insisted on sending everyone [political opponents] to jail but he is himself behind bars now, Bilawal said, adding, “The one who tried to oppress the daughter of Quaide-Awam [Benazir Bhutto] had to see his daughter being arrested. However, no one should be happy about what is happening to the PTI.” Bilawal, the former foreign minister, also claimed that the PML-N represents the elites while the PPP symbolises the common people, which is, according to him, the only party contesting general polls with a manifesto. Vowing to end politics of division and hate after coming into power, he said he would shift the entire political dynamics.

The PPP stalwart was of the view that there is only a contest between ‘arrow’ and ‘lion’ in the forthcoming general polls. He also appealed to the nationals not to waste their votes on independent candidates. In the 2013 elections, the PPP came second after the Nawaz-led party, garnering 42 of the 342 seats up for grabs. In 2018, with 54 seats, it was runner-up to the parties of both Sharif and Khan. The PPP chief vowed to bring an “economic revolution” to the country, focusing on improving per capita income (PCI), employment, regularisation of katchi abadis, 300 free electricity units to deserving families via solar projects, construction of 3 million houses, kisan cards, youth cards and a chain of hospitals for free medical treatment. Earlier in the day, the Bilawalled party unveiled its detailed manifesto, named Chuno Nai Soch Ko (choose new thinking), presenting its plans for the nationals if it assumes power after a victory in the upcoming polls.

PML-N chalks out inclusive plan for development of KP: Maryam ABBOTTABAD

STAFF REPORT

Senior Vice President and Chief Organizer of Pakistan Muslim League (N), Maryam Nawaz said on Saturday that his party believed in the power of the masses and chalked out an inclusive plan for the development of Khyber Pakhtunkhwa. Addressing a big public gathering here, Maryam Nawaz said that the people of KP were deceived in the name of change in the last 10 years of rule of Pakistan Tehreek-e-Insaf and were deprived of development. Despite 10 years

long rule in Khyber Pakhtunkhwa, she said that PTI has not announced its manifesto which spoke of its lacklustre performance in KP. She said that metro buses and orange trains besides motorway buses were a gift of PML-N supremo Nawaz Sharif. She said that the people of KP wanted the same facilities like orange and metro buses as being enjoyed by the people of Punjab. Maryam Nawaz said that Nawaz Sharif has special affection with the people of Khyber Pakhtunkhwa including the Hazara division where he constructed a state-of-the-art Hazara

motorway that promoted tourism besides opened KP for investment and development. Murtaza Javed Abbassi, former Deputy Speaker National Assembly said that Hazara was a stronghold of PMLN and the party would get overwhelming victory from there. He said that political opponents were now hiding faces from people due to their poor performance in the last 10 years of rule in Khyber Pakhtunkhwa. He said that PMLN would change the destiny of people besides alleviating poverty, controlling price hikes and generating employment opportunities for youth.

FAJR SUNRISE

ZUHR

ASR MAGHRIB ISHA

6:20

1:30

4:15

7:00

5:30

7:15

Court puts off fraud case against Fawad Ch for indictment on Feb 10 ISLAMABAD

STAFF REPORT

The District and Sessions Court in the federal capital on Saturday set February 10 for the indictment of former federal minister Fawad Chaudhry in a financial fraud case. District and Sessions Court Judge Dr Muhammad Sohail presided over the proceedings and announced that charge sheet would be filled against Fawad Ch on February 10. In the case, Fawad Chaudhry has been accused of financial fraud and misappropriating Rs5 million of a citizen. Earlier, the former federal minister was produced in the court handcuffed. The counsel for Fawad Ch requested the court to order removal of the handcuffs in the courtroom. At which, the judge instructed the police officials to remove the handcuffs if there was no objection. During hearing, Fawad Ch, through a plea, requested the court to meet his family and lawyers. The court granted the requested and ordered his meeting with family and lawyers. Upon completion of the hearing, the court adjourned the case and scheduled the filing of charge sheet against Fawad Ch in the financial fraud case for February 10.

‘Cautious Approach’: Mandate limits prompt govt to delay 13th five-year plan presentation to NEC ISLAMABAD

MONITORING REPORT

The caretaker setup’s decision to delay tabling of the 13th five-year plan before the National Economic Council (NEC), reflects a cautious approach to longterm economic planning during the transitional period. The decision also acknowledges the need for comprehensive preparation and consensus-building on crucial national strategies, official sources privy to the development opined. According to officials and experts, the Planning Ministry, instead of presenting draft of the 13th fiveyear plan (2024-29) before the NEC, will seek approval for the plan’s overarching socioeconomic objectives. They said the shift in approach aims at providing a broad strategic guidance for future economic planning, allowing the incoming government to shape the detailed plan according to its vision and priorities. It’s worth to mention that the interim government had initially greenlit the project, directing the Planning Commission to draft the necessary plans. However, the completion of several crucial chapters of the plan remains pending, causing delays. Sources indicate that the caretaker government has taken the decision to defer the task of preparing and approving the project to the incoming government. The efforts to restructure the Federal Board of Revenue, privatize Pakistan International Airlines, and address the circular debt in the energy sector have encountered obstacles, highlighting the complexities of governance during a transitional period.This decision is part of a broader pattern where the caretaker government has faced challenges in implementing significant reforms and initiatives. Reports suggest that the upcoming NEC meeting, chaired by the Prime Minister, will convene on Monday to deliberate on six agenda items. Among these items is the consideration of halting ongoing provincial projects funded by the federal government. It’s noteworthy that three provincial governments have already raised concerns about the perceived overreach of the caretaker government’s mandate. The 13th five-year plan will likely be presented at a later NEC meeting, potentially coinciding with the approval of the next fiscal year’s budget. This revised timeline allows for a more inclusive and collaborative approach to long-term economic planning, ensuring that the plan reflects the input and priorities of the incoming government and other stakeholders. The recent International Monetary Fund’s recommendations for Pakistan to return to the fiveyear economic plan model underscore the importance of robust, forward-looking economic strategies.

Life in Gilgit Baltistan comes to a standstill as protest enters 32nd day ISLAMABAD

GHULAM ABBAS

Gilgit Baltistan is plunged into a state of paralysis as an enduring protest against the surge in wheat prices reaches its 32nd day. The Awami Action Committee has declared a complete shutter-down strike, mobilizing thousands to march towards Gilgit and Skardu, major cities, despite the harsh winter conditions. While the protest gains momentum, the Governor, Chief Minister of Gilgit Baltistan, and the cabinet remain stationed in Islamabad, fueling frustration among the protesters. The inefficiencies of CM Haji Gulbar Khan’s regional government have stoked public anger, leading to demands for his resignation, attributed to a substantial increase in subsidized wheat prices. Protesters hailing from Nagar, Hunza, and Ghizer have already reached Gilgit, with others en route to the provincial headquar-

ters. Simultaneously, residents from various Baltistan districts are converging in Skardu, intensifying the 32-day protest. The month-long protest has compelled the demonstrators to articulate a charter of demands directed at both regional and federal governments. According to officials, efforts are in progress to address the financial burden on GB, with the federal government approving a quota of 150,000 MT for the current fiscal year. However, the demand for a complete rollback of the wheat price hike persists, escalating the intensity of protests. In an attempt to break the deadlock with protesters, the federal government has sanctioned a shift to 100% local wheat supply, aiming to alleviate financial strain in GB. Despite this, the primary demand of reversing the recent price hike remains unmet, heightening tensions for regional and federal authorities. Chief Minister Haji Gulbar Khan en-

gages in discussions with Caretaker Federal Minister for National Food Security & Research, Dr. Kausar Abdullah Malik, regarding the supply of required wheat to GB while exploring plans to enhance GB’s agricultural potential. Despite these efforts, the Awami Action Committee has announced the next phase of protests, including a complete shutter-down strike in Skardu and region-wide protests starting Friday. Protesters are not only seeking a reversal of the wheat price hike but also improved electricity supply and the repeal of the finance bill. The issue was triggered when the GB government fixed the subsidized wheat price at Rs 36 per kilogram. Chief Minister Gulbar Khan asserts that this decision aims to stabilize wheat prices and ensure fair returns for local farmers. While the region grapples with the delicate balance between economic sustainability and public welfare, the proposed solution

emphasizes exclusive local wheat supply to GB. Challenges persist, highlighting the complexity of sustaining subsidies amidst

fiscal constraints, prompting a nuanced approach for economic stability and public welfare in GB.

Published by Asad Nizami at Qandeel Printing Press, 4 Queens Road, Lahore, for PT Print (Pvt) Limited. Ph: 042-36300938, 042-36375965. Email: newsroom@pakistantoday.com.pk

g


Turn static files into dynamic content formats.

Create a flipbook
Epaper_24-01-28 LHR by Pakistan Today - Issuu