Epaper_24-03-23 LHR

Page 1

Islamabad urges Afghanistan to tackle

through ‘collec tive effor

PR OFIT R E U T E R S
A K I S TA N will discuss an Extended Fund Facility (EFF) with the International Monetary Fund (IMF) in Washington next month Finance Minister Muhammad Aurangzeb said on Friday as the country looks to alleviate a full-scale economic crisis Cash-strapped Pakistan s standby $3 billion arrangement with the global lender expires on April 11 and the two sides reached a stafflevel agreement regarding the disbursal of the final tranche of $1 1 billion earlier this week We have expressed our strong interests in an Extended Fund Facility with the IMF, but the quantum is not clear yet, Aurangzeb said at a media briefing, adding that the lender was “very receptive” to the request The US has also been “very supportive” in the matter the minister said Prime Minister Shehbaz Sharif after he was sworn in for his second consecutive term following a national election marred by allegations of rigging, had directed his finance team to begin work on seeking an extended fund facility from the IMF He termed a long-term bailout from the IMF “inevitable” on Thursday The IMF had also said it would support formulating a new economic program for the country if it asks for one The global lender s rescue package last summer had helped Pakistan avert a sovereign default but, to secure it, the country had to revise its budget and raise interest rates taxes and electricity and gas prices As a result during the period Pakistan struggled through inflation as high as 38%, historic depreciation in its currency, and contraction of the economy Pakistan will also look to bonds in the international market to help stabilise its economy Aurangzeb said at Friday s briefing adding that in the meantime work is being done on panda bonds Once our credit rating improves, we will be going to the international market for bonds he said The finance minister has been keen to capitalise on Pakistan s relationship with China and had earlier also expressed his intention to tap into the Chinese bond market In an interview with Bloomberg on Friday he said Pakistan plans to sell as much as $300 million in panda bonds this year In par tnership with Profit S a t u r d a y, 2 3 M a r c h , 2 0 2 4 I 1 2 Ra m a z a n , 1 4 4 5 R s 2 0 0 0 | Vo l X I V N o 2 6 5 I 1 2 Pa g e s I La h o r e E d i t i o n PR OFIT N E W S D E S K Prime Minister Shehbaz Sharif on Friday invited Barrick Gold to invest in other mineral projects of Balochistan, proposing the government s collaboration to establish a technical university in Chagai district State-run news agency APP reported that the premier made this offer during a meeting with Barrick Gold Corporation s delegation at the Prime Minister s House The delegation, led by Chief Executive Officer (CEO) of the company Mark Bristow, informed the prime minister that the feasibility of the Reko Diq project would be completed by the end of the current year The prime minister was informed that preference was being given to local and Balochistandomiciled persons to work on the Reko Diq project PM Shehbaz said that the Reko Diq project would prove to be a game changer for the development of Balochistan and the region “This project will usher in a new era of development of the province and prosperity of the people he added He said planning would be made regarding communication infrastructure, especially railway lines, to take full advantage of minerals in Balochistan He also proposed that the government and Barrick Gold could collaborate to establish a technical university in the Chagai district of the province The government is taking all possible measures to facilitate investors especially in the fields of road and communication systems he remarked Barrick Gold CEO said that they had set up three schools near Reko Diq under Corporate Social Responsibility, while so far, the company had also imparted technical training to 100 people including women Federal Minister for Petroleum Minister Musadik Malik, Minister for Law and Justice Azam Nazir Tarar, Deputy Chairman Planning Commission Muhammad Jehanzeb and relevant senior government officials participated in the meeting g P R O P O S E S C O L L A B O R AT I O N TO E S TA B L I S H A T E C H N I C A L U N I V E R S I T Y I N C H A G A I D I S T R I C T PM invites Barrick Gold to invest in other mineral projects in Balochistan PR OFIT G H U L A M A B B A S Prime Minister Shehabz Sharif has announced his decision to personally preside over the upcoming meeting of the Economic Coordination Committee (ECC) of the Cabinet marking a significant shift in leadership dynamics within the economic decision-making process A notification issued by the Cabinet Division confirmed that, in accordance with Rule 17(2) of the Rules of Business 1973 Prime Minister Shehabz Sharif has taken the initiative to constitute the Economic Coordination Committee (ECC) of the Cabinet Under this arrangement Prime Minister Shehabz Sharif will serve as the chairman of the ECC, with key ministerial representatives including those from Finance, Economic Affairs Division, Commerce, Power Petroleum and Planning Development & Special Initiatives being appointed as its members Moreover, the ECC, through special invitation, may include additional stakeholders to enrich discussions and ensure comprehensive decision-making This roster of potential invitees encompasses prominent figures such as the Deputy Chairman of the Planning Commission Governor of the State Bank of Pakistan Chairman of the Securities Exchange Commission of Pakistan, and Secretaries from various pertinent divisions including Power, Commerce, Finance, Industries & Production Economic Affairs Petroleum Planning Development & Special Initiatives National Food Security & Research, Privatization, Railways, Revenue, Poverty Alleviation & Social Safety, and Water Resources Additionally the Chairman of the Board of Investment may also be called upon to contribute to deliberations g TO FORM AND CHAIR ECC OF CABINET HIMSELF; ADDITIONAL STAKEHOLDERS TO BE ADDED TO COMMITTEE PM Shehabz Sharif to chair first ECC meeting PAKISTAN TO DISCUSS EXTENDED FUND FACILIT Y WITH IMF NEXT MONTH: FINANCE MINISTER ISLAMABAD S TA F F R E P O R T Day after a suicide bombing in Kandahar Pakistan urged Afghanistan to tackle the issue of terrorism through collective efforts, reiterating strong condemnation of terrorism in all forms and manifestations
P
terrorism
C O N T I N U E D O N PA G E 03 PR OFIT M O N I T O R I N G D E S K To bolster its foreign exchange reserves Pakistan is seeking to issue up to $300 million in Panda Bonds, targeting Chinese investors for the first time, according to Finance Minister Muhammad Aurangzeb The initiative was reported by Bloomberg highlighting Pakistan’s strategy to diversify its funding sources by tapping into the Chinese bond market considered the second-largest globally Aurangzeb emphasized the significance of accessing China’s bond market, noting that Pakistan has previously issued dollar and Eurobonds The move to issue yuan-denominated debt aims to engage with a new investor base enhancing the country s financial resilience The initial issuance is projected to range between $250 million to $300 million, with plans for subsequent offerings in the future Panda bonds which are yuan-denominated securities sold in China by foreign entities offer Pakistan an opportunity to strengthen its financial position amid challenges such as high inflation, rising interest rates, and declining foreign exchange reserves These factors have collectively hampered the country s economic growth prospects The decision follows directions from Prime Minister Shehbaz Sharif to the Ministry of Finance to explore the potential of Panda Bonds as a means to improve liquidity Despite current economic pressures Aurangzeb remains optimistic about Pakistan s capacity to fulfill its debt obligations without adversely affecting the national currency He anticipates the rupee will maintain stability, though he acknowledges the unp r e d i c t a b i l i t y o f o i l p r i c e s a s a p o t e n t i a l risk factor Pa k i s t a n p l a n s $ 3 0 0 m Pa n d a B o n d i s s u a n c e t o b o o s t f o r e i g n exc h a n g e r e s e r v e s g U S H A S A L S O B E E N ‘ V E R Y S U P P O R T I V E ’ I N M AT T E R, S AY S A U R A N G Z E B g T E R M S A LO N G -T E R M B A I LO U T F R O M G LO B A L L E N D E R ‘ I N E V I TA B L E ’
ts’

g INITIATIVE AIMS TO STREAMLINE TA X ADMINISTR ATION AND IMPR OVE RE VENUE COLLEC TION IN THESE PR OVINCES

income segment, while the highest income group saw a smaller reduction of 0 91% An annual analysis revealed that SPI inflation impacted all income brackets showing increases between 21 96% and 33 23%

The lowest income group faced a yearly rise of 21 96%, whereas the highest income group encountered a 26 2% increase Additionally, the report highlighted fluctuations in the prices of other essential goods The average price for a 50 kg bag of Sona urea fertilizer was Rs4 829 showing a 1 33% decrease from the previous week but a significant 67 88% increase on a year-over-year basis Cement prices were also noted, with a 50 kg bag costing Rs1 221 marking a 0 48% week-over-week decline and an 8 54% increase compared to last year

Saturday 23 March 2024 LAHORE 02 NEWS CDNS updates rates of National Savings Schemes PR OFIT N e w s D e s k The Central Directorate of National Savings (CDNS) has updated the rates of return for its National Savings Schemes, marking adjustments across various instruments This move reverses a trend of rate decreases observed over the past three months Return rates for Special Savings Certificates (SSC) have been adjusted upwards by 20 basis points (bps) to 15 80% up from 15 6% Regular Income Certificates (RIC) now offer a 14 76% yield, reflecting a 12bps enhancement from the previous 14 64% The latest increases were also applied to Bahbood Savings Certificates (BSC) Pensioners Benefit Account (PBA) and Shuhadas Family Welfare Account (SFWA) with each now yielding 15 60% following a 24bps increase Conversely ShortTerm Savings Certificates (STSC) experienced a decrease in rates by 76bps, bringing the new rate to 19% The rates for Defence Saving Certificates (DSC) Savings Account (SA) Sarwa Islamic Term Account (SITA) and Sarwa Islamic Saving Account (SISA) remain unchanged at 14 40% 20 50% 18 54% and 20 50% respectively The adjustments became effective from March 19, 2024 Earlier, the Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) maintained the key policy rate at 22% marking the sixth consecutive period without change SBP injects Rs8.18tn into market through OMOs PR OFIT N e w s D e s k The State Bank of Pakistan (SBP) conducted an Open Market Operation (OMO) on Friday injecting a total of Rs 8 18 trillion into the money market This decisive action includes Rs7 78 trillion through reverse repo OMO and Rs398 billion through Shariahcompliant Modarabah-based OMO The 7-day and 28-day reverse repo saw an injection of Rs784 35 billion and Rs6 999 trillion respectively at a rate of approximately 22 05% In addition to the conventional OMO the SBP also injected Rs398 billion through Shariah-compliant channels, reflecting the growing importance of Islamic finance in the country s monetary operations The 7-day and 28-day Shariahcompliant OMO saw an injection of Rs 212 billion and Rs 186 billion at a rate of 22 08% and 22 07% respectively This move of the central bank is aimed at managing the liquidity in the banking system and ensuring the smooth functioning of financial markets PR OFIT N e w s D e s k S I X power distribution companies in Pakistan, known as Discos, have filed petitions with the National Electric Power Regulatory Authority (NEPRA) to raise electricity tariffs by approximately Rs5 This increase aims to recover an estimated Rs750 billion for the 2024-25 fiscal year, attributed to adjustments in Multi-Year Tariff (MYT) components among other factors The companies and their respective revenue requirements are as follows: Quetta Electric Supply Company (QESCO) at Rs236 945 billion, Gujranwala Electric Power Company (GEPCO) at Rs376 204 billion, Multan Electric Power Company (MEPCO) at Rs160 823 billion Tribal Areas Electric Supply Company (TESCO) at Rs92 079 billion Sukkur Electric Supply Company at Rs35 796 billion and Peshawar Electric Supply Company (PESCO) at Rs64 244 billion These adjustments reflect operational and maintenance (O&M) costs currency depreciation returns on rate base gross margins and other financial considerations The petitions also include requests for adjustments in employee compensation NEPRA is set to conduct public hearings on these petitions in early April 2024 while the Power Division urges all Discos to expedite their filings to ensure tariff determinations by May The Power Division will seek the Federal Cabinet s approval for the revised tariffs following which it will approach the Ministry of Law and Justice for notification The International Monetary Fund (IMF) has advised the government to implement these tariff adjustments promptly to maintain cost recovery prevent Circular Debt accumulation and protect vulnerable groups through progressive tariff structures S I X D I S C O S F I L E P ET I T I O N S F O R R S 5 TA R I F F H I K E T O R E C O V E R R S 7 5 0 B N PR OFIT N e w s D e s k Pakistan secured $6 678 billion in loans from multiple international sources during the first eight months (JulyFeb) of the ongoing fiscal year FY2023-24, a decrease from the $7 407 billion borrowed in the same period of the previous year According to data shared by the Economic Affairs Division (EAD) the country received $332 60 million in February 2024, down from $1 271 billion in February 2023 Despite a budgeted $2 4 billion expected from the International Monetary Fund (IMF) for this fiscal year, the country has received $1 9 billion out of a $3 billion Stand-By Arrangement (SBA) This figure along with the $1 billion from the UAE is not included in the EAD s reported data Pakistan received $2 billion from Saudi Arabia as a time deposit in July 2023 No funds have been received from the anticipated $4 5 billion from foreign commercial banks, nor from the planned $1 5 billion bond issuance The total budgeted external financing for the fiscal year is $17 619 billion comprising $17 384 billion in loans and $234 60 million in grants The country garnered $686 82 million through the Naya Pakistan Certificate and $2 635 billion from multilateral sources, with bilateral contributions amounting to $847 95 million China disbursed $508 34 million for the JF-17 B project while the Asian Development Bank (ADB) provided $643 62 million Saudi Arabia sent $654 28 million including oil facility funds, while the United States delivered $34 73 million, surpassing the budgeted amount Other notable disbursements include funds from Korea France the International Development Association (IDA) the International Bank for Reconstruction and Development (IBRD) the Islamic Development Bank (IsDB) the Asian Infrastructure Investment Bank (AIIB), and the International Fund for Agricultural Development (IFAD) Pakistan receives $6.67bn in loans in 8MFY24 g D ATA S H O W S CO U N T R Y ' S E X T E R N A L B O R R O W I N G D R O P S I N F I R S T E I G H T M O N T H S O F C U R R E N T F I S C A L Y E A R PR OFIT Z a i N N a e e m Bank Alfalah Limited, one of Pakistan’s leading commercial banks has announced an investment of Rs 1 2 billion in its brokerage subsidiary Alfalah CLSA Securities (Private) Limited The brokerage house is a sort of partnership between the Abu Dhabi Group-owned Bank Alfalah and CLSA Limited, which is a brokerage house based in Thailand The company is currently running a pure agency brokerage house offering equity brokerage online trading commodities trading research investment banking foreign exchange services money market and advisory services W H Y I S T H E R E A N E E D F O R S U C H A L A R G E I N V E S T M E N T? The recent accounts of Alfalah CLSA show that the company went from making a profit of Rs 7 million in 2022 to a loss of Rs 1 1 billion in 2023 The onus of the poor performance lies on the brokerage house s inability to control operating expenses Additionally the company utilized a short-term borrowing facility to increase its exposure margin, leading to a significant rise in finance costs In order to shore up the brokerage house, the bank has decided to invest a large amount in fact, due to the loss made this year Alfalah CLSA saw its equity turn negative In order to shore up investor confidence and to make sure the brokerage house keeps operating the bank was strengthening the balance sheet This is not the first time such an investment is being made The bank originally owned 97 91% of the brokerage house when it was incorporated in 2003 Once the house started to perform, right shares were given out to investors which decreased the bank’s shareholding Financial years of 2019 2020 2021 2022 and 2023 have not been good for the brokerage house as it has made a cumulative loss of Rs 1 billion which led to the equity turning negative B A C K E D B Y B I G P L AY E R S Bank Alfalah is one of the largest banks of Pakistan with a network of over 1000 branches across more than 200 cities and has an international presence in Afghanistan Bangladesh Bahrain and UAE The bank is originally owned by Abu Dhabi Group and has been operating since 1992 The bank owns 61 2% of Alfalah CLSA Securities (Private) Limited and has 40 2% ownership of Alfalah GHP Investment Management Limited which is an asset management company of the bank CLSA BV was a company founded in 1986 by Jim Walker and Gary Coull who were journalists by profession and are considered to be pioneers of the Asian securities industry and its development The company has a network spanning Asia Australia Europe and United States and has offices in 21 locations around the world The company is known for its investment advisory and asset management services and has been awarded for its renowned services CLSA was overtaken by CITIC Securities in 2013 CLSA owns 24 9% of Alfalah CLSA as of today CITIC Securities is China’s leading brokerage and investment bank and largest underwriter of Chinese debt and equity CITIC was founded in 1995 and offers brokerage services, investment banking and asset management to corporations, financial institutions, governments and individuals T H E N E W I N V E S T M E N T I N P E R S P E C T I V E The investment of Rs 1 2 billion would be channeled towards purchasing and subscribing additional shares of the brokerage house at Rs 10 per share This investment is going to be for an indefinite period T h e r e s o l u t i o n , a s m e n t i o n e d e a r l i e r, h a s b e e n p a s s e d w h i c h m e a n s t h a t a n a d d i t i o n a l 1 2 0 m i l l i o n shares in the brokerage house will be issued and subscribed The brokerage house currently has 40 million issued and subscribed shares and would be increasing them to 160 million with Bank Alfalah s shareholding increasing from 62 5% to 90 6% and decreasing CLSA BV s share from 24 9% to 6 2% g C A P I TA L I N J E C T I O N CO M E S A F T E R A L FA L A H C L S A ' S E Q U I T Y T U R N E D N E G AT I V E D U E TO A D I S A S T R O U S 2 0 2 3 PR OFIT N e w s D e s k Two commercial banks, Bank AL Habib (BAHL) and Allied Bank Limited (ABL), on Friday obtained licenses for the commencement of operations of their exchange companies This development is in line with the reforms introduced by the State Bank of Pakistan (SBP) last year to curb illicit practices in the currency market Bank AL Habib Limited (BAHL) informed the Pakistan Stock Exchange (PSX) that the SBP has issued the license for the commencement of operations to AL Habib Exchange Company (Private) Limited a fully-owned subsidiary of the bank The issuance of the operational license to Bank Al Habib by the SBP follows the prior issuance of the Certificate of Incorporation to the exchange company by the Securities and Exchange Commission of Pakistan (SECP) Similarly, Allied Bank Limited (ABL) shared with the PSX that it has also been issued a license by the SBP for the commencement of operations to ABL Exchange (Private) Limited ABL announced in September last year to establish a wholly-owned exchange company, with an initial capital of Rs 1 billion On Friday the State Bank of Pakistan also granted a no objection certificate (NOC) to the Bank of Punjab for the establishment of an exchange company under the name BOP Exchange Company (PVT) Limited It is better to recall that the central bank in September 2023 made a decisive move and with the full force of the state launched a crackdown on exchange companies The SBP also unfurled a sweeping set of reforms targeting exchange companies and ordered the top ten banks to set up exchange companies While the National Bank of Pakistan and Habib Bank already had their own exchange companies, Meezan Bank, Allied Bank, Habib Metropolitan Bank, Bank Alfalah, Faysal Bank, Askari Bank and Bank Al Habib were also ordered to set them up The primary objective of these reforms was tightening control over the open market and fortifying governance internal controls, and compliance standards within the sector A B L , B A H L o b t a i n o p e r at i o n a l l i c e n s e s f ro m S B P f o r exc h a n g e c o m p a n i e s g C E N T R A L B A N K A L S O G R A N T S N O C TO B O P E XC H A N G E CO M PA N Y ( P V T ) L I M I T E D g N E P R A I S S E T TO CO N D U C T P U B L I C H E A R I N G S O N T H E S E P E T I T I O N S I N E A R LY A P R I L
Alfalah has pumped Rs1.2 billion into its brokerage subsidiary. Why now? Weekly SPI falls by 1.13pc, despite annual inflation jump PR OFIT N e w s D e s k In the latest update from the Pakistan Bureau of Statistics (PBS) for the week ending on March 21, 2024, the Sensitive Price Indicator (SPI) for the Combined Group has seen a downturn of 1 13% on a week-over-week basis This shift comes in contrast to the annual figure where the SPI has surged by 29 06% compared to the same period in the previous year The Combined Index was noted at 323 50, marking a decrease from the prior week’s 327 21 yet showing a significant climb from 250 66 recorded a year ago The review encompassed 51 items with findings indicating that prices for 9 items (17 65%) advanced, 17 items (33 33%) experienced a decline, and 25 items (49 02%) remained unchanged Significant reductions were seen in the prices of several essential commodities including tomatoes (36 73%) onions (19 58%) potatoes (4 02%) garlic (2 87%) and pulse mash (1 25%) Conversely, price hikes were observed in LPG (1 49%), shirting fabric (0 74%), beef (0 53%), broken basmati rice (0 48%) and mutton (0 42%) The SPI s weekly performance varied across different income groups with reductions ranging from 0 91% to 1 83% The most considerable decrease of 1 83% was recorded in the lowest
Bank
PR OFIT N e w s D e s k The Federal Government has sanctioned the creation of two new special large taxpayer zones in Balochistan and Khyber-Pakhtunkhwa (K-P), aimed at enhancing tax operations within these regions The zones will be operational under the Regional Tax Office (RTO) in Quetta and Peshawar respectively This decision was ratified by the Federal Board of Revenue s (FBR) Board in Council, led by FBR Chairman Malik Amjad Zubair Tawana The proposal presented by Mir Badshah Khan Wazir the Member of Inland Revenue Operations received approval during a recent meeting The initiative aims to streamline tax administration and improve revenue collection in these provinces The establishment of these zones follows a comprehensive review of ongoing litigation at the Supreme Court of Pakistan regarding the jurisdictional transfer of taxpayers The FBR s move is seen as an effort to address these legal challenges while ensuring efficient tax collection mechanisms are in place Under the FBR Act of 2007 the Board in Council retains authority over strategic and policy matters, delegating operational decisions to its members This structure is designed to facilitate taxpayers and ensure prompt decision-making The newly approved taxpayer zones will adhere to this governance model with the FBR continuing to oversee strategic and policy-level decisions Notifications regarding their establishment will be issued by the Member of Inland Revenue Operations as directed by the FBR Board in Council
Govt to establish special tax zones in Balochistan, KP

Cassuming the office and expressed high hopes for the transformation of the energy sector

The federal minister appreciated the US envoy for always extending his support and reaffirmed that together, both countries can achieve shared energy goals Ways and means to promote a sustainable carbon-

friendly footprint, renewables, and green hydrogen were also discussed, read a statement issued by the Ministry of Energy Malik highlighted Pakistan’s commitment to fostering stronger ties with the US He apprised the ambassador regarding Pakistan s vast potential in the energy sector particularly in the minerals sector Ambassador Blome informed the minister that a high-level economic

I s l a m a b a d u rg e s Af g h a n i s t a n t o t a c k l e t e r ro

CONTINUED FROM PAGE 01

A press release from the Foreign Office on Friday strongly condemned the terrorist attack in Kandahar, adding that the people and the government of Pakistan extended their sincere condolences to the bereaved families and prayed for the early recovery of the injured Terrorism is a shared concern that both countries need to address through collective efforts,” the FO stressed The FO had on Thursday reiterated Pakistan’s desire to address the issue of terrorism with Afghanistan through dialogue and cooperation On Thursday a suicide bombing killed three people and wounded 12 others in the Afghan city of Kandahar, the heartland of the Taliban authorities that rule the country

There was no immediate claim of responsibility and while multiple explosions have been reported around the country since the start of the holy month of Ramazan on March 11, few have been confirmed by Taliban officials Speaking at her weekly press briefing FO spokesperson Mumtaz Zahra Baloch had said: Pakistan has repeat-

edly said that we prioritise dialogue and cooperation in finding solutions to issues of mutual concern and that is why Pakistan has been engaged in conversations and dialogue with Afghanistan to fight the threat that we face that is of terrorism that emanates from these groups which are currently based in Afghanistan ” She was responding to questions about Pakistan s air strikes against Hafiz Gul Bahadur Group targets inside Afghanistan on Monday after militants based there carried out an attack on a Frontier Corps camp on March 16

The Afghan Taliban administration had responded angrily to the air strikes and fired heavy weapons into Pakistan from across the border in retaliation

We will continue to engage with Afghanistan so that we are able to defeat these terror groups and the threat that they pose to Pakistan and the friendship between Pakistan and Afghanistan,” Baloch had further said adding that “the channels of communication between the two countries remain open R E S U R G E N T T E R R O R I S M: Pakistan has witnessed an uptick in terror activities in 2023, especially in Khyber

Pakhtunkhwa and Balochistan after the banned militant Tehreek-i-Taliban Pakistan (TTP) ended its ceasefire with the government in November 2022

The Inter-Services Public Relations the military s media wing, said earlier this week that the recent wave of terrorism in Pakistan has the full support and assistance of Afghanistan” “The Afghan interim government is not only arming the terrorists but also providing a safe haven for other terrorist organisations as well as being involved in the incidents of terrorism in Pakistan, it had stated The FO had also said that terror outfits, including the TTP “pose a grave threat to Pakistan’s security and have consistently used Afghan territory to launch terror attacks inside Pakistani territory The ISPR said earlier this month that 10 militants were killed in two separate operations by security forces in the North Waziristan district Last month a late-night attack on a police station in Dera Ismail Khan was repulsed Gunmen had mounted an attack using heavy weapons but fled in the cover of darkness when police personnel fired back

Imran’s symbolic presence in Punjab Assembly irks treasur y bench members

LAHORE N e w s D e s k

Imprisoned PTI founder Imran Khan drew attention in the Punjab Assembly on Thursday when a portrait of the former PM positioned on the opposition leader ’s seat sparked chaos in the house This led to a walkout by treasury members after the chair declined to intervene During the budget session s resumption on Thursday, Deputy Speaker Malik Zaheer

Iqbal Channar presided over the session

PML-N lawmakers Malik Waheed and Bilal Yameen protested upon noticing Mr Khan’s portrait on opposition leader Malik Ahmed Khan Bhachhar ’s seat

Raising a point of order they urged the chair to remove the portrait of a person who had been convicted and was still in custody

could not be

specific members

contended that passage of law by

was a violation of Supreme Court rulings He said the lifetime

was made under Article 62 (1)(F) of the Constitution and the apex court had already elaborated the said article The petitioner prayed to the LHC that court should declare the law reducing the disqualification period to five years as null and void Later, Justice Shahid Bilal Hassan issued a reserved verdict on the plea of Azhar Siddique advocate and dismissed the request against commuting the lifetime disqualification period to five years

Hammad A zhar, Moonis

Elahi face rejection of nominations for by-polls

ISLAMABAD

s ta f f R e p o R t

The scrutiny of nomination papers in one National Assembly and four Provincial Assembly constituencies in Lahore has been completed After the completion of the scrutiny process, the Election Commission released the list of candidates for these constituencies in Lahore Pakistan Tehreeke-Insaf leader Hammad Azhar ’s nomination papers were rejected from NA-119 and PP164 constituencies while the papers of 12 candidates including Ali Pervez and Shehzad Farooq, were accepted Similarly, the nomination papers of Chaudhry Moonis Elahi from PP-158 were rejected, but the papers of 27 candidates, including Akhtar Hussain and Yusuf Ali were approved Nineteen candidates including Mohammad Khan Madani and Majid Zahoor from PP147 and twenty candidates including Shoaib Siddiqui and Ahsan Akram from PP149, had their nomination papers approved Meanwhile, the Appellate Tribunal dismissed the appeal against the rejection of Khawaja Habibur Rehman s nomination papers upholding the decision of the Returning Officer Khawaja Habib-urRehman, a leader of the League, had filed an appeal against the rejection of his nomination papers for the Senate

Saturday 23 March 2024 | LAHORE NEWS 03
r i s m t h ro u g h ‘c o l l e c t i ve e f f o r t s ’ ISLAMABAD s ta f f R e p o R t
O N T I N U I N G high-level engagements after formation of new government in Pakistan, Ambassador of the United States Donald Blome called on Federal Minister for Petroleum Dr Musadik Malik on Friday to discuss technology transfer investment opportunities capacity-building initiatives in the energy sector, and regional projects During the meeting with Dr Malik, the ambassador extended his congratulations on
dialogue is scheduled to be held in April in Washington, where energy-related matters including minerals would take centre stage Prior to this meeting Ambassador Blome also called on Foreign Minister Ishaq Dar and discussed matters of mutual interest including economy, trade and regional security According to a spokesperson Blome expressed Washington’s resolve to work with Islamabad saying that Pakistan s security and prosperity is a top priority of the US The two officials also exchanged views on US support for economic reforms, according to an official statement Earlier in the month, Ambassador Blome also met President Asif Ali Zardari Prime Minister Shehbaz Sharif and National Assembly Speaker Ayaz Sadiq and discussed strengthening bilateral relations During the meeting, the president said that Pakistan had enjoyed a long-standing and broad-based relationship with the US spanning over seven decades which needed to be further strengthened In his interaction with the premier the US top diplomat discussed the economic reforms through the International Monetary Fund (IMF) alongside other key issues PM Shehbaz had expressed satisfaction on the present state of bilateral relations between Pakistan and the United States according to Prime Minister s Office (PMO) A number of issues of bilateral and regional significance were also discussed during the meeting, including the situation in Gaza and the Red Sea, developments in Afghanistan, as well as the case of Dr Aafia Siddiqui, which was raised forcefully by PM Shehbaz DR MUSADIK , US ENVOY REAFFIRM COMMITMENT TO ACHIEVING SHARED ENERGY GOALS CM Gandapur granted pre-arrest bail till April 17 ISLAMABAD s ta f f R e p o R t An Anti-Terrorism Court (ATC) on Friday granted pre-arrest bail to Khyber Pakhtunkhwa (KP) Chief Minister (CM) Ali Amin Gandapur As per details, the court heard the case registered in CTD police station and approved Gandapur ’s interim bail plea The bail plea stated that Gandapur was not at the spot of the incident but his name was included in the FIR On March 19 an Anti-Terrorism Court (ATC) issued arrest warrants for Khyber Pakhtunkhwa (KP) Chief Minister (CM) Ali Amin Gandapur in a case pertaining to May 9 events, wherein military installations came under attack ATC Jude Malik Ejaz Asif issued the non-bailable arrest warrants for the newlyelected chief minister and ordered the police to present him before court on April 2 The arrest warrants against Ali Amin Gandapur were issued in a case registered at City Police Station On the other side, the Peshawar High Court ruled that the ECP not authorized to proceed against KP Chief Minister Ali Amin Gandapur “The Supreme Court has interpreted clause 62-1(f) in Nawaz Sharif case court order read After the election tribunal established, the election commission has not been empowered to proceed, the order read Ad powered by advergic com The election commission has no authority to act against the petitioner according to the court order The sides being issued preliminary notice The election commission s disqualification notice s proceeding being declared suspended, the order read ISLAMABAD s ta f f R e p o R t The Armed Forces of Pakistan Chairman Joint Chiefs of Staff Committee (CJCSC) and Services Chiefs congratulate the nation on 84th anniversary of Pakistan Day This promising day is reminiscent of great efforts of the Muslims of sub-continent when they determined our destiny in line with vision of our great leaders for a separate homeland for Muslims This historic day also reminds us of the greatest sacrifices and contributions of our forefathers which they made in the struggle for creation of Pakistan Today plight of Muslims in India in general and IIOJK in particular who are facing worst form of brutalities at the hands of the fascist regime, remind us of the importance and value of the Independence where we cherish and respect our freedom every day Alhumdolliah On this day, Armed Forces of Pakistan renew their resolve to defend the motherland and protect its sovereignty and territorial integrity at all times and at any cost; and uphold the national flag INSHA ALLAH Pakistan Armed Forces Zindabad Pakistan Paindabad A r m e d Fo rc e s c o n g r at u l ate n at i o n o n 8 4 t h a n n i ve r s a r y o f Pa ki s t a n D ay LHC dismisses pleas against commuting lifetime disqualification LAHORE s ta f f R e p o R t The Lahore High Court (LHC) on Friday dismissed the petitions against decreasing the lifetime disqualification period to five years by Parliament Lahore High Court Judge Justice Shahid Bilal Hasan
reserved
Azhar
citizen Shabbir
stance
lifetime disqualification
announced the
decision on the petition filed by
Siddique advocate The court said the applications were non-maintainable The lawyer of the federal government opposed the petition, Justice Shahid Bilal Hasan heard the petition of
Ismail The petitioner in his appeal had taken the
that parliament had amended the law of disqualification for life by reducing it to five years According to the rules the law on
amended by parliament through
The petitioner
parliament
disqualification
argued that displaying the image of a convict violated assembly rules However, the chair encouraged the protesters to engage in the budget debate instead of raising points of order Nevertheless the two PML-N members persisted with their protest disrupting proceedings and eventually walking out when the deputy speaker refrained from taking action against the portrait This led to further walkouts by some treasury bench members, resulting in a shouting match between PML-N and PTI lawmakers now aligned with the Sunni Ittehad Council (SIC)
this marked one of the first instances in parliamentary history where members of one party, in this case, the SIC, voiced slogans in support of a non-parliamentary party the PTI within the house Opposition leader Malik Ahmed Khan Bhachhar criticized the boycotting MPs alleging their intolerance and emphasizing that the portrait issue didn t warrant a ruling from the chair He pointed out that those opposing the PTI leader s portrait had depicted their leader (Nawaz Sharif) on Ramadan Package hampers, yet were sending him back to London as his party allegedly rejected him Punjab Finance Minister Mujtaba Shujaur Rehman appealed to the MPs who left to return and participate in the budget debate The deputy speaker instructed Food Minister Bilal Yasin to bring back the protestors to the house However, failing to restore order, the chair adjourned the proceedings for 10 minutes to diffuse the situation R E M A I N D E R O F S E S S I O N: Proceedings resumed after the break with opposition leader Bhachhar initiating the general debate on the budget Critiquing the financial plan he noted the lack of specific allocations for minorities compared to the population rate and criticized the discretionary spending authority granted to the chief minister He advocated for the restoration of health cards and endorsed the initiative to allocate funds for facilities like day centers Bhachhar also called for greater support for women in the informal sector He demanded that 15% of the overall development budget be allocated for youth skill training PML-N member Baba Phailbus praised the budget and party leadership, highlighting the special Easter package announced by the chief minister and proposing measures to regularize daily wage laborers
They
Interestingly

SIFC moot

S h e h b a z i n d i c at e s h a rd t i m e a h e a d

PR I M E Minister Shehbaz Sharif told the Special Investment Facilitation Council that the country needed another IMF package, spread over the next three years, if it was to survive He sounded this gloomy note at the first meeting of the SIFC apex committee of this tenure The forum would not be new to him, for the SIFC was founded during his first tenure as PM at the head of the coalition that replaced the PTI Though this is not the first time he sounded this particular message, it was the first time he made it to an audience that included two PPP CMs, a PTI CM and the Chief of Army Staff Perhaps the most telling point he made was that this programme would require deep-rooted and across-theboard structural reforms, and that these would have to be made The SIFC apex committee is the forum at which the COAS is best able to provide his input to the government on economic matters During the first Shehbaz government, and the interim government, it seemed to attract considerable investment from the Middle East, and it would naturally have an interest in the larger economic environment, because that is an important determinant of how attractive the country is for foreign investors

The importance of a message delivered to all major parties should indicate the seriousness of the federal government, and its commitment to the reform process, which will not take place merely so that the IMF can tick off some boxes on a form, but because they quill enable the country to attract foreign investment not because it is something the country needs, but because it is good business for the foreigner making the investment At the same time, it is perhaps welcome that the PML(N) especially, as well as others, are making the right noises about realising that the need is upon us to do things differently

No longer is it possible for elite capture to continue The ‘good old days’ are gone It is no longer about which party gets to exploit state resources so that leaders can maintain a lavish lifestyle It is now about seeing that people’s problems, particularly the economic, are solved The real question remains one of earning enough to pay off all those loans taken on in the knowledge that they would fall due later Well, that later is now It might seem unfair to those burdened with their predecessors’ debts, but this is the generation that must pay

Dedicated to the legac y of late Hameed Nizami

Arif Nizami (Late) Founding Editor

National unity: The true significance

Notably military’s media wing ISPR said in a statement that the Corps Commanders Conference held on March 5 clarified the army had provided a security environment for the conduct of the general election, and had nothing to do with the electoral process

ETop military commanders reiterated their commitment that planners and instigators, and attackers of military installations on May 9 would be brought to justice under the relevant provisions of the law They expressed dismay that some vested segments of the polity and media especially social media had been maligning the armed forces with unsubstantiated allegations of interference rather than focusing on real issues such as good governance, economic recovery and political stability

Next day in an informal conversation with media representatives during the hearing of a case inside Adiala Jail Khan who was openly criticizing the Army in the past, took a U-turn, and stated that the PTI was not against the Army and emphasised that the criticism over election rigging was not the criticism of the Army the PML(N) and the CEC were responsible He stressed that without political stability the country could not function

In a surprise development KP CM Ali Amin

Gandapur on March 14 met Prime Minister Sharif and was satisfied with this first engagement, terming it positive Gandapur stated that during the meeting, he stressed on the need for political dialogue with PTI founder Imran Khan Nevertheless these indications show that he has changed his stance

On the one hand PTI workers continue protest rallies against rigging while on the other the PTI has also filed cases in this respect also about forms 45 and 47 It shows an ambivalent approach At this critical hour, Pakistan’s armed forces have been coping with internal and external challenges to maintain national security Indian fanatic rulers are also escalating tensions with Pakistan The country is thus facing the challenge of hybrid war

Some internal entities have been distorting the Army s image in a way that the masses should forget the sacrifices and services of the armed forces Recall armed forces’ innumerable services and sacrifices particularly of Army such as the resettlement of the Internally Displaced Persons during the Swat and Malakand military operations counter-insurgency operations and restoration of law and order on many occasions like floods, earthquakes, coronavirus pandemic, locusts attacks; also giving matching response to Indian shelling at the LoC and stopping infiltration of terrorists from Afghanistan However it was due to the selfless practical unity among the Muslims under the leadership of the Quaidi-Azam that Pakistan became a tangible reality on 14 August 1947 But that unity started declining after passing through various crises, and the result was separation of East Pakistan in 1971, as India manipulated differences between East Pakistan and West Pakistan Now more than three and half months have passed But the Indian fanatic government continued military lockdown in Indian-Occupied Kashmir The Modi-led regime unilaterally abrogated Indian-Occupied Kashmir s special status on 5 August 2019 when Indian Parliament revoked Articles 35A and 370 of its Constitution It also split the IIOJK into two

T h e M u s l i m s a n d t h e B r i t i s h i n t h e

s

u b c o n t i n e n t

Are secular rulers more tolerant?

territories to be ruled directly by New Delhi The purpose was to turn the Muslim majority into a minority Modi had got landslide victories in 2014 and 2019 During the election campaign, the Hindu majority was mobilized on ‘hate-Muslim’ and ‘anti-Pakistan’ jargons Hence Modi continues anti-Muslim and anti-Pakistan policies

Former Chief of the Army Staff Gen Qamar Javed Bajwa and Chief of Army Staff Gen Syed Asim Munir have frequently said that Pakistan s armed forces are fully ready to meet any prospective Indian aggression Internally, Pakistan’s armed forces and the country’s primary intelligence agency ISI have successfully broken the backbone of the foreign-backed terrorists Peace has been restored in the Balochistan province and Karachi Despite this, in the recent past, terrorist attacks particularly in KP and Balochistan which is central point of the China-Pakistan Economic Corridor show that the CIA-led Indian RAW wants to damage the CPEC project which is part of China’s One Road (OBOR) or Belt and Road Initiative (BRI) as the US and India have already opposed this project Nevertheless 23 March 1940 was a watershed in the history of the Subcontinent, when the All India Muslim League passed the Resolution in Lahore for the creation of an independent state Now, it is popularly called Pakistan Resolution Earlier in his address to the Muslim League at Allahabad in 1930 the idea of a homeland for Muslims in their majority areas had been envisioned by the poet Allama Sir Muhammad Iqbal, and had become the aspiration of Indian Muslims In fact, the British colonialists in connivance with the majority Hindu population had manipulated and targeted Muslims through every possible way In that background Muslims started to struggle for a separate state Prior to the Lahore session of Muslim League Quaid-i-Azam Muhammad Ali Jinnah had specified to this historical congregation of the Muslims, the watch-words of Faith, Unity and Discipline which were not only necessary for waging the battle for an independent homeland but also for present Pakistan The government the opposition leaders including all other segments of society must act upon the essence of the Pakistan Day by showing selfless national unity which is very necessary to pull the country out of the ongoing serious crises

Sajjad Shaukat writes on international affairs and is author of the book: US vs Islamic Militants Invisible Balance of Power: Dangerous Shift in International Relations and can be reached at: sajjad logic@yahoo com

Islam and science

Tthe monarchs moved to Delhi There was some allegiance offered to the Abbasi caliphs during their exile in Cairo, but from the time of Akbar,

Whatever the reasons the reality remains that religious conflicts and communal tensions began during the British period, and have continued after 1947 Now that the BJP has attempted to impose majoritarian rule it seems that the truly secular period of rule was under Muslim rulers

The writer is a freelance columnist

Whatever the reasons, the reality remains that religious conflicts and communal tensions began during the British period, and have continued after 1947 Now that the BJP has attempted to impose majoritarian rule , it seems that the truly secular period of rule was under Muslim rulers

04 Saturday 23 March 2024 COMMENT Lahore – Ph: 042-36300938, 042-36375965 I K arachi – Ph: 021-32640318 I Islamabad – Ph: 051-2204545 I Web: www pakistantoday com pk I Email: editorial@pakistantoday com pk
I S L A M is the perfect religion in all over the world The word of Islam means obedience of Allah All of its teachings and beliefs are written out in the Holy Quran The followers of Islam accept only one Allah Almighty Observation and experiment is called science Science is a word taken in Latin Science means knowledge of study or dealing with the body facts or truths systematically arranged and showing the operation of general laws Islam accepts science and also science accepts Islam Islam is the second largest religion in all over the world The followers of Islam aim to live the whole life in submission of Allah They believe that nothing can happen without Allah s permission The Quran is the major holy text of Islam They worship Allah by praying and reciting the Holy Quran They believe there will be a day of judgement and life after death Prophet Muhammad (Peace Be Upon Him) started preaching throughout the messages of Islam He taught that there is no other god but Allah and Muslims should devote their lives to this God Islam has five pillars mentioned in the Holy Quran US condemns Houthi missile attack on Abu Dhabi 1 Shahada, 2 Salat, 3 Zakat, 4 Swam, 5 Hajj 1 Shahada: shahada means to declare one’s faith in Allah Almighty and belief in Hazrat Muhammad Peace be upon him 2 Salat: salat means to pray five times in a day 3 Zakat: zakat means to give those who are needy people 4 Swam: swam means to Keep fast in Ramadan 5 Hajj: hajj means to make a pilgrimage to Makkah at least once during a person life time if the man is able The roots of science can be traced to ancient Egypt Science was a broad sense existed before the modern era and in many historical civilizations If we talk about modern science modern science is distinct in its approach and successful in its result Science in its original sense was word for type of knowledge It was type of knowledge that people can communicate to each other For instance, knowledge about working of natural things was gathered long before recorded in history Scientists made many things such as, calendar, techniques for making poisonous plants, dams, computers, machines, bulbs, luxury vehicles and luxury aeroplanes etc A calendar is a chart of pages showing the days weeks and months of a particular year A poisonous plant is defined as a plant that when touched or in gusted in sufficient quantity can be harmful or fatal to an organism or any plant capable evoking a toxic and fatal reaction A dam is a barrier or structure across a steam, river or waterway to confine then control the flow of water These are usually built across naturally flowing water to manage the water for human use ALI GUL NAPAR SHIKARPUR
health matters T H I S needs to be understood that mental health holds equal importance as physical health does There is a close relationship between physical and mental health Mental disturbance surely leads to physical disturbance For instance people suffering from depression are at a high risk of blood pressure and cardiac issues Mental health is a topic that calls for special attention because it is affecting our youth According to the reports, suicide is the second leading cause of death among the youth The most important reason behind the suicide commission is mental illness Academic, peer, family or financial pressure results in poor mental health and this incites thoughts of committing suicide Another point to be taken into consideration is being mentally unwell doesn t always mean that one is having a mental disorder It can be a temporary disturbance that can be overcome by proper counselling The issue is that mentally disturbed people usually don t share their problems with others SYEDA RUMESAA LAHORE E d i t o r ’ s m a i l 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
Mental
H E Muslim period of rule (8th century to 1857) has had no conflict, riots, or, violence, in its entire history PreMughal as well as the entire tenure of the great Mughals had a glorious and remarkable harmony among the Muslims and Non-Muslims of the whole empire in Sub-Continent (comprising the states of today s SAARC) It was the British, who destroyed not only the great Mughal Empire, but also, badly damaged the historical harmony of the two- The Muslims and Non-Muslims A very important difference was that the Muslims may have come to the Subcontinent as foreigners but they never went back There may have been exceptions, just as there was the occasional Englishman who remained in India, but overwhelmingly, Muslims remained in the Subcontinent One reason may have been the giving of estates The immigrants to India were granted estates not as an incentive to settle but as salary All land was evaluated, and when someone was given a salary with a certain cash value, he was given an estate to which he had the right of collecting the revenue as salary British officials were given cash salaries Because of this the British people s case was quite different from that of Muslims At first they came not to live or to rule but just for trade They arranged and managed their trading companies, by which they played backdoor political dirty games to capture the locals and their ruling authorities “The East India Company then became a ruler body It ruled from 1767 to 1857 A D When the freedom fighters Indians of all races under the great command of the last Mughal Emperor Bahadur Shah Zafar, were defeated by the company s forces the whole Empire of the great Mughals went in to the hands of the Crown From 1767 to to 1947 during the whole British period the British people never merged themselves or their culture They always treated themselves all above from all Indians There had been a few instances of Englishmen marrying Indian women, but even these ceased After 1857 especially the great fear of the British became another Mutiny This may be why the products of mixed marriages were not absorbed into the colonizing class, but were treated as a separate class of Native, the Anglo-Indians The Mughals married across the religious divide and at least from the time of Akbar every Mughal Emperor married one Rajput princess Even the Emperor thus might be the result of a mixed marriage They considered themselves only as the rulers and to Indians as their colonial slaves The British treated themselves as Lords Vice Roys rulers representatives of the Crown and Christ of Britain There was no interaction with any Indian human race not at all There was no harmony unity or integration with the English people by the Non-English people The Cruel policy of Divide And Rule was implemented on all Non-British by the British Ultimately they wished and knew very well that the day would come soon or later when they - The British quit India and Indians And at last in the month of August in 1947 they ran out forever from the Subcontinent Muslim rule in India has left behind large numbers of Muslims but there is no parallel in India, except perhaps Goa (but that is because of Portugal) and arguably some of the NorthEastern states One major difference was that Muslims never owed allegiance abroad In short
it became plain that the Mughal Emperor owed no allegiance to the Osmanli Caliph It was only after the fall of Bahadur Shah Zafar that Muslims began reciting the name of the Osmanli Caliph in the Friday sermons where previously that of the Mughal Emperor was recited
V E RY year the people of Pakistan celebrate 23 March as Pakistan Day with great enthusiasm and zeal But this time this day has come at a time when Pakistan is facing multi-faceted internal and external challenges, which are worrying all the citizens Analysts agree that in the post-election scenario Pakistan’s multiple crises and challenges would increase and the stakes for the new coalition government would be enormously high The most immediate task for the government would be to negotiate a new bailout agreement with the IMF, which has started, as the country has to seek a new loan of at least $6 billion to repay debt due this year to avoid a default and stabilise the economy In the recent election Nawaz Sharif s party the PML(N) has gained a simple majority while the leadership of the PTI claims the election results had been changed to divest the party of a two-thirds majority in Parliament the PTI-backed independents have emerged as the largest group in the Lower House With the support of other parties especially the PPP Mian Shehbaz Sharif PML(N) leader secured a comfortable win over the PTI and PTI leader Omar Ayub became opposition leader The newly elected National Assembly met for the first time with lawmakers taking oaths amid protests on the floor of the House by supporters of the Sunni Ittehad Council and PTI Similar practice continued in the provincial assemblies In his maiden speech in the National Assembly Premier Sharif listed the frail economy and precarious security situation as challenges and invited all the political entities to pull the country out of the crisis The PML(N), PPP and some other political parties also asked the PTI for cooperation so as to achieve political stability But the PTI leaders refused any such collaboration alleged rigging in the elections Following PTI blame game JUI(F) chief Maulana Fazlur Rehman who had confirmed the contacts with the PTI, announced on March 3, that the party will sit on opposition benches and organize a nationwide movement against the alleged vote rigging But the PML(N) and some other parties opine that if elections were rigged or establishment interfered against the PTI PTI-backed independents would not have swept the polls in KP winning 91 out of 113 seats with PTI leader Ali Amin Gandapur elected CM
Wh at Pa ki s t a n D ay m e a n s
Sajjad Shaukat

and women to defend those principles

Ainitiatives and social

programmes underscores

the lives

Among the myriad events each Pakistan Day the Pakistan Day Parade stands out as a spectacular showcase of the nation s military strength, cultural heritage, and unity Held in Islamabad, it is a visual extravaganza paying homage to the Pakistani people’s pursuit of independence and sovereignty At its core the parade features a display of military prowess with marching contingents from the Pakistan Army Navy and Air Force demonstrating their discipline expertise and commitment to safeguarding the nation s borders A highlight is the PAF s aerial display, with breathtaking manoeuvres and precision flying

In addition to its military aspect the Parade celebrates the nation’s rich cultural heritage Colourful floats representing various provinces showcase traditional music dance, attire, and cuisine The parade reflects the unity in diversity that defines the Pakistani identity Moreover, the Pakistan Day Parade serves as an occasion to honour those who have sacrificed their lives for the nation

Besides its symbolic significance the Pakistan Day Parade also carries strategic weight by showcasing Pakistan s dedication to regional peace and stability As one of the largest military parades in the region, it sends a clear message to the global community that Pakistan stands firm against any challenges to its sovereignty The parade offers a platform for military-to-military exchanges and cooperation with allied nations fostering goodwill and bolstering diplomatic relations

However, various misconceptions often surround the Pakistan Day Parade, obscuring its true significance and impact

Some argue that the Pakistan Day Parade glorifies war and militarism While it indeed showcases the country s military capabilities it is not a celebration of war or militarism Instead, it serves as a solemn occasion to honour the sacrifices of the armed forces and reaffirm Pakistan’s commitment to peace and security The parade acts as a deterrent against aggression while also promoting unity diversity and national pride

There s also a misconception that the parade is an extravagant display of power While it s undoubtedly a grand spectacle, it serves multiple purposes beyond showcasing military prowess It offers an opportunity to celebrate Pakistan’s cultural richness Additionally the parade facilitates military-tomilitary exchanges and cooperation with friendly nations fostering goodwill and strengthening diplomatic ties

Some perceive the Parade as a wasteful ex-

Iran-Saudi ties prove an unlikely Middle East safet y valve

penditure of resources which is a misguided assumption It is a meticulously planned and executed event that serves strategic diplomatic and symbolic purposes It allows the armed forces to showcase their capabilities and preparedness, essential for deterrence and national defence Furthermore, the parade bolsters national morale nurturing patriotism and fostering a sense of pride and unity among Pakistanis

Contrary to misconception the Parade isn t solely for the military While the armed forces play a prominent role, it s a national event involving participation from various sectors of society Civilian organizations, educational institutions and cultural groups also participate highlighting Pakistan’s diversity and unity Moreover the parade is open to the public enabling citizens from all walks of life to engage in the celebrations and honour their nation s achievements

Some argue that the Pakistan Day Parade is merely a spectacle for the international community While it indeed holds diplomatic significance its primary essence lies in domestic celebration It serves as a moment for Pakistanis to unite and contemplate their shared heritage and aspirations While projecting strength and unity to the world, its core purpose is to strengthen bonds of solidarity among Pakistanis and reaffirm their dedication to their nation’s ideals

Military parades on national occasions serve as poignant demonstrations of a country s vigour, unity, and pride These displays, steeped in symbolism and tradition, offer insight into a nation’s past, culture, and aspirations

The Victory Day Parade in Russia, for instance commemorates the USSR’s triumph over Nazi Germany in World War II Held annually in Moscow s Red Square this parade showcases an impressive array of military hardware, including tanks, missile systems,

and aircraft It also pays homage to war veterans with soldiers marching while carrying portraits of fallen comrades honoring their sacrifice and valour The parade concludes with a procession of the armed forces and a display of military aircraft flying overhead, demonstrating Russia’s military capabilities and dedication to safeguarding its territorial integrity Bastille Day commemorates the storming of the Bastille prison during the French Revolution a significant event in France s history The Bastille Day Parade, held on the Champs-Élysées in Paris, is among Europe s oldest and largest military parades It features a vibrant procession of French military units including the renowned French Foreign Legion and Republican Guard The parade also includes a flypast by the French Air Force and a presentation of military vehicles, underscoring France s global military influence and commitment to liberty China’s National Day Parade celebrates the establishment of the People’s Republic of China on 1 October 1949 Held in Tiananmen Square in Beijing this parade highlights the country s military prowess and technological advancement It showcases an extensive array of military equipment The parade also incorporates cultural performances and synchronized marching displays demonstrating China’s unity and determination to safeguard its territorial sovereignty The USA marks its Independence Day on July 4th with nationwide parades, fireworks, and festivities The largest military parade in the USA is held in Washington, D C , featuring all branches of the armed forces The parade includes marching bands historical enactments and exhibits of military hardware serving as a tribute to American freedom and democracy while honouring the sacrifices made by the nation s servicemen

On Pakistan Day, we are reminded of the significance of our independent nation and its defenders The day calls for unity and collective effor ts towards the betterment of the countr y, urging us to stand in full moral suppor t of the Pakistan Army, which tirelessly ensures the peace and security of our nation

The Pakistan Army stands as a formidable institution, celebrated for its steadfast commitment to protecting the nation’s sovereignty advancing its interests and fostering peace and stability in the region With a storied history defined by sacrifice courage and professionalism, the Pakistani Army has emerged as an emblem of resilience, strength, and national pride Since its inception in 1947 the Pakistan Army has played a pivotal role in shaping the nation s trajectory navigating through numerous challenges and conflicts with unwavering determination and resolve From conflicts with India to counterterrorism operations within its borders, the Army has consistently showcased its readiness to address any threat to Pakistan’s security and unity A key asset of the Pakistani Army lies in its comprehensive and modernized military capabilities spanning land air and sea forces equipped with cutting-edge weaponry and technology Backed by well-trained and disciplined personnel, the Army possesses a formidable arsenal serving as a deterrent against aggression and ensuring the nation’s defence readiness

Moreover the Pakistani Army is deeply ingrained in society fulfilling a multifaceted role extending beyond conventional military duties Through extensive outreach initiatives, the Army delivers essential services such as healthcare, education, and infrastructure development in remote and underserved regions enriching the lives of millions and fostering trust and goodwill among civilians

The Army s dedication to upholding democratic principles and the rule of law is evident in its role as a guarantor of national security and stability Despite facing various challenges including political unrest and external pressures the Army remains steadfast in its mission to safeguard the democratic institutions and values enshrined in the constitution, ensuring the people s will prevails

Furthermore, the Pakistani Army has earned global recognition and respect for its contributions to regional and global peacekeeping endeavours With a proud history of serving under the United Nations banner Pakistani peacekeepers have played a vital role in conflict zones worldwide offering humanitarian aid, facilitating reconciliation, and promoting stability in strife-torn areas

On Pakistan Day, we are reminded of the significance of our independent nation and its defenders The day calls for unity and collective efforts towards the betterment of the country urging us to stand in full moral support of the Pakistan Army, which tirelessly ensures the peace and security of our nation

The writer is a freelance columnist

India’s poor will not be wished away

The realit y of pover t y in the countr y remains dire

The relationship has helped head off wider conflagration in the region

Aminister Hossein Amir-Abdollahian travelled to Jeddah for a meeting of the Organisation of Islamic Cooperation Iran’s message was understated but clear: we don’t want war Absent this channel the risk of misreading intentions of the different players in the region would have been considerable Since then Iran and Saudi Arabia have had a flurry of meetings and visits This hasn t stopped Tehran from slowly deploying its friends with guns as the war in Gaza drags on first Hizbollah in Lebanon then Shia militias in Iraq and Syria and of course the Houthis ostensibly in support of Hamas and the Palestinians But there are two wars running in parallel in the Middle East They look indistinguishable in the headlines, but they are in fact separate: the Israeli military campaign in Gaza and the slow-simmer war that Iran has been waging by proxy against the US

The Islamic Republic s use of proxies, which provide a first line of defence away from Iran s borders, is an art it has perfected over the past four decades but which appears to have reached its limits in recent months Iran is keen to preserve its key asset in the region Hizbollah so the latter has exercised surprising restraint while Israel expands the range and intensity of its missile strikes, degrading some of the group’s capabilities along the border and further inland The destruction of civilian infrastructure in southern Lebanon has been extensive Hizbollah s approach has caused some disquiet within the group s support base In Iraq and Syria, Shia militias attacked US forces 170 times over four months Then on February 2 the US retaliated with several missile strikes Iran quietly asked its proxies to put the brakes on Tehran has also kept its distance from Hamas That leaves the Houthis, and of course Iran s nuclear programme, its ultimate shield But this remains one of the most testing periods for Tehran as it risks losing the considerable regional gains it has made since the war in Iraq began in 2003 It is negotiating by fire to

Ttially set the international poverty line at $1 per day in 1990, updated this figure to $1 90 in 2011 to account for inflation Only those who cannot afford to spend $1 90 per day are classified as “extremely poor ” For India however the $1 90 threshold represents below-subsistence-level consumption As economists Shaohua Chen and Martin Ravallion have noted, it allows for minimal food consumption and little else In 2012, $1 90 translated to a meager 30 rupees a day in purchasing-power-parity terms barely enough for two basic meals according to the poverty expert S Subramanian In analyzing the recently released consumption-expenditure data Bhalla and Bhasin seem to have converted the $1 90 threshold into rupees at the IMF-reported PPP rate of 22 9 rupees per dollar Consequently, their analysis categorizes people as poor only if they cannot spend 45 rupees a day This approach is tantamount to wishing away poverty Assuming an average annual inflation rate of 6% as stated in the government s press release, the set of goods that cost 30 rupees in 2012 would now cost at least 58 rupees Moreover, low-income households face diabolical inflation inequality higher-than-average inflation rates due to the type of goods they buy their limited mobility (which leaves them at the mercy of local monopolists) and their inability to buy in bulk Regrettably, Indian authorities do not provide inflation data segmented by household income If the annual inflation were 8 5% for the bottom half of Indian households they would need roughly 80 rupees per day to cover their basic needs In that case India s poverty rate would be around 22% essentially the same as in 2012

Setting the bar slightly higher underscores the grim reality In 2014, a

rates range between 40% and 60% which means that 30-40% of all Indians are poor This is likely conservative, given the sharp increase in education, transportation and housing costs, as well as out-of-pocket medical expenses With numerous parents forced to choose between food and their children s education is it any wonder that the government feels obliged to provide free supplementary grain rations to 60% of the population?

High, possibly rising, poverty can be partly attributed to the 2016 demonetization that nullified 86% of India’s currency and to the haphazard implementation of the Goods and Services Tax of 2017 both of which caused huge distress to the vulnerable The COVID-19 pandemic delivered another harsh blow, causing millions of Indian workers to revert to low-productivity agricultural jobs Today, 70 million more Indians work in agriculture than in 2018 owing to the scarcity of nonagricultural job opportunities which are mostly confined to financially and physically precarious sectors such as construction street vending, security and domestic work Given the significant hardship faced by millions of Indians, the pre-election release of partial consumption data invites suspicion And the Bhalla and Bhasin declaration of the end of poverty borders on the malicious Moreover their assertion that consumption inequality has declined sharply is risible: Wealthy Indians do not report their $400 designer sneakers, Lamborghinis or lavish parties to government surveyors The gap between India’s rich and poor is startling Consider the $120 million pre-wedding celebrations for tycoon Mukesh Ambani’s son: The lad wore a $1 million watch a superstar received $6 million to perform and the Indian aviation authority temporarily cleared a nearby airport to fly in international celebrities Meanwhile, the lack of comprehensive consumption and inflation data makes it impossible to get an accurate picture of Indian

Ashoka

Saturday 23 March 2024 COMMENT 05
year has passed since Saudi Arabia and Iran made their surprise announcement in Beijing about resuming diplomatic ties after seven years of rupture The pragmatic move worked mostly to reduce tensions between the two foes but little of substance has been resolved and the rapprochement remains limited Yet it has withstood the shock of the war in Gaza one of the most cataclysmic events in the Middle East s recent history in fact it has proved a fortuitous but essential safety valve that has spared the region an even wider conflagration, for now The relationship has also been useful for the US as an additional channel of communication in a region on the edge and a buffer in what is often a complex triangle between Washington Riyadh and Tehran Last week, the FT revealed that the US had held secret talks in Oman with Iran in January to convince Tehran to rein in Houthi attacks on ships in the Red Sea Secret talks between America and Iran have happened occasionally in the past notably during the Iran-Contra affair in the 1980s and more recently those that led to the 2015 nuclear agreement The Saudis were furious at having been left in the dark back then While de-escalation talks don t rise to the same level of importance as nuclear negotiations the potential for upset remains Except on this occasion, a senior official in the region told me, Riyadh had been informed, not only by Washington but also by Tehran In the hours and days following Hamas s October 7 attack on Israel much was still unclear about its planning process, Iran s level of involvement and whether Iranian proxies were about to join the fight Riyadh worried it could become a target again too Israel was planning on launching a pre-emptive strike against Hizbollah in Lebanon By October 11 Iran s president Ebrahim Raisi had initiated a phone call with Saudi Arabia s Crown Prince Mohammed bin Salman, the first ever between them and the first conversation at this level between the two countries since before the 2016 breakdown in relations A week later Iran s foreign
partner
Israel
certain conditions including recognition
a Palestinian state
amid
famine
Gaza,
pursuing nonetheless
to choose between openly disrupting it and facing dire consequences or acquiescing obliquely to ensure the survival of the regime
maintain its position in a new dispensation in the Middle East, one in which its new
in rapprochement, Saudi Arabia, remains open to normalising ties with
under
of
Such a scenario feels out of reach
warnings of
in
but it is one that Washington is
Iran will ultimately have
S the vanguard of its duties, the Pakistan Army stands as the foremost guardian of the nation’s territorial integrity ensuring the security of borders against external threats and aggression With a history marked by regional conflicts and geopolitical challenges, the Army’s steadfast vigilance act as a deterrent against any forces seeking to undermine Pakistan’s sovereignty Through advanced training cutting-edge weaponry and strategic planning the Army remains prepared to confront any adversities that may arise Moreover, the Pakistan Army plays a pivotal role in preserving internal stability domestically From counterterrorism to disaster relief the Army takes the lead in combating internal threats and providing aid Whether responding to natural calamities or combating insurgent elements the Army demonstrates its commitment to the safety and welfare of all citizens Beyond its core responsibilities, the Pakistan Army is deeply embedded in the societal fabric serving as a symbol of national solidarity pride and resilience Through extensive outreach the Army engages with local communities delivering vital services such as healthcare, education, and infrastructure development in remote and underserved areas Its involvement in nation-building
its
welfare
its dedication to improving
of ordinary Pakistanis and advancing inclusivity and equality across society It also plays a pivotal role in shaping the country s foreign policy and strategic partnerships By its peacekeeping missions and international collaborations, it has garnered widespread recognition and admiration for
professionalism integrity and commitment to promoting global stability
H E late sharp-witted economist Michael Mussa my first boss at the International Monetary Fund, once told me that every statistic must pass the “smell test ” I recalled this sage advice recently when Indian authorities published the first driblets of a consumption survey in over a decade The numbers stink Economists have long maintained that India s official gross domestic product data overstate growth Before the September 2023 Group of 20 summit in New Delhi, the Indian National Statistical Office issued a particularly brazen overestimate The last decennial census was in 2011 A survey highlighting stubbornly high malnutrition and anemia cost the survey s director his job The last comprehensive consumption-expenditure survey in 2012 showed 22% living in poverty The government junked a 2018 survey when leaked data indicated an increase in the poverty rate Not surprisingly the new partial consumption figures generated much excitement Hastily Surjit Bhalla India s former executive director at the IMF, and economist Karan Bhasin proclaimed under the Brookings Institution’s imprimatur that extreme poverty has been “eliminated ” But while such misuse of statistics will amplify the India hype in elite echo chambers poverty remains deeply entrenched in India and broader deprivation appears to have increased as inflation erodes incomes of the poor Measuring poverty is a complicated task, the essence of which lies in establishing a poverty threshold The World Bank which ini-
committee led by Chakravarthi Rangarajan, the former governor of the Reserve Bank of India, concluded that the appropriate poverty line for rural regions was 33 rupees a day close to the World Bank s line while urban residents required at least 47 rupees per day to cover commuting and housing expenses Subramanian emphasized that the urban poverty line was a gross underestimate; he estimated a daily expenditure of 88 rupees to avoid severe deprivation Adjusting the Rangarajan and Subramanian estimates using plausible current inflation rates leads to a stark conclusion: Urban poverty
poverty Sadly the government s strategically released data and cherry-picked analysis both continue to reek
World
People
Mody, a visiting professor at Princeton University, previously worked at the
Bank and the International Monetary Fund He is the author of “India is Broken: A
Betrayed Independence to Today (Stanford University Press 2023)
abduL baSit aLvi PR OJECT SYNDICATE a S h o k a M o dy FINANCIAL TIMES k i M G h at ta S S i g n i f i c a n c e o f P a k i s t a n D a y P a r a d e
To d ay i s Pa ki s t a n D ay
official claims of progress Urban pover t y rates range
ween 40% and 60%, which means that 30-40% of all Indians are poor
despite
bet
POOR AIR QUALIT Y India must take urgent mitigation measures T H E latest World Air Quality Report paints a stark picture: India faces the ignominy of being the third most polluted country globally with New Delhi retaining its unenviable position as the capital city with the poorest air quality Begusarai in Bihar has emerged as the globe s most polluted metropolitan area In 2023, Delhi s PM2 5 (particulate matter) levels surged to 92 7 micrograms per cubic metre, signalling an urgent need for intervention The crisis is widespread as a staggering 96 per cent of the Indians are breathing air whose quality doesn’t meet the WHO’s safety standards le initiatives such as banning older vehicles have seen some success, more concerted efforts are needed to curb crop residue burning and industrial as well as vehicular emissions Air pollution is not merely an environmental concern; it is also a public health emergency Exposure to PM2 5 and other pollutants leads to respiratory illnesses cardiovascular diseases and even premature death The economic impact is staggering with healthcare costs soaring and productivity declining The political blame game over the findings is not only counterproductive but also detracts from the urgency in addressing the crisis The Central and state governments must formulate comprehensive policies aimed at reducing emissions This necessitates investment in cleaner technologies stringent enforcement of regulations and public awareness campaigns Collaborative efforts at the international level can facilitate the exchange of best practices technology transfer and financial support for developing nations struggling to tackle the menace People can do their bit by using public transportation and reducing energy consumption The harmful effects of air pollution must be mitigated to pave the way for a sustainable future TRIBUNE E d i to r a L

CHINA , RUSSIA VETO US RESOLUTION ON GA Z A CEASEFIRE

Tmanitarian assistance China has said it supported steps by the UN Security Council to end fighting in Gaza, while not saying whether Beijing a permanent council member with

resolution on the need for an immediate ceasefire, AFP reports “China supports the Security Council in taking further responsible and meaningful actions as soon as possible to make unremitting efforts to end the fighting in Gaza at an early date Foreign Ministry Spokesperson Lin Jian said The United States, which has repeatedly blocked calls for a truce in Gaza, will today submit for a vote a draft to the Security Council on the need for “an immediate ceasefire

Asked today whether it supported the resolution, Beijing demurred The international community expects the Security Council to earnestly fulfil its responsibilities,” Lin said “On the Palestinian-Israeli issue we must respect history and facts listen to and respect the position and voice of the

Over 70 Rohingya presumed dead in boat tragedy off Indonesia’s Aceh coast

majority of Arab countries, realise a ceasefire and end of fighting as soon as possible,” he added “This is the yardstick by which we measure the Security Council s actions and decisions he said Russia s ambassador to the UN Vassily Nebenzia said it was exceedingly politicised and contained an effective green light for Israel to mount a military operation in Rafah Russia’s ambassador Vasily Nebenzia has said that the United States is doing nothing to rein in Israel mocked Washington for speaking of a ceasefire after Gaza has been virtually wiped off the face of the Earth and assailed the country s resolution on a stop to the fighting in Gaza as a “hypocritical spectacle”, AFP reports “The American product is exceedingly politicised with the sole purpose being to play

Charit y boss Imam Qasim’s first-class flights stir controversy

in 2003, Al-Khair Foundation is known for its humanitarian work globally but recent revelations have cast doubt on its governance and financial transparency

S t d y 23 M h 2024 LAHORE 06 NEWS
LONDON M O N I T O R I N G R E P O R T A well-known British Muslim charity founder and leader Imam Qasim chairman of Al-Khair Foundation (AKF), is facing intense scrutiny after being seen flying first class on his return from a charity trip for Gaza relief efforts to Jordan Picture of Imam Qasim, a well-known face in the charity sector in the West in the first class zone of the airliner has gone viral In the first week of Ramadan Imam Qasim was observed boarding flight number RJ 111 from Amman Jordan bound for London Heathrow Despite showcasing aid delivery in a cargo plane without a seatbelt on social media, Imam Qasim chose luxury travel back to London, sparking questions
how donations
for personal benefit Pictures
viral
enjoying the luxury
On
public
Imam
virtues of
pledge
he
a penny raised in donations is spent on his personal luxury The pictures of him flying first class however paint a different story He has condemned those who travel first class using charity funds Al-Khair Foundation boss Imam Qasim s social
selectively
aid
out details of his
raising
about
Imam
Imam
Rashid
income other
his
Al-Khair
Imam
Ahmad
entitled
travel
Efforts
seek clarification from Imam
his salary
other potential luxury benefits have been
charity sector
UNKIGTED NATIONS S TA F F R E P O R T
about
are being used
that went
show Imam Qasim
first class
his IQRA TV show and
speeches,
Qasim has extolled the
simplicity with the
that
will ensure not
media
highlights
delivery leaving
first-class travel,
concerns among donors
transparency and the use of their contributions The absence of documentation about his entire journey, including luxury accommodations undermines trust and accountability said a news report A spokesman of Al-Khair Foundation confirmed that
Qasim – whose full name is
Qasim
Ahmad – has no means of
than
paid role at the
Foundation The spokesman said
Qasim Rashid
is
to
comfortably
to
Qasim about
and
unsuccessful deepening skepticism As the founder of Al-Khair Foundation and CEO of Iqra TV Imam Qasim holds considerable influence within the UK Muslim community and the
Established
H E United Nations Security Council has failed to pass a resolution calling for an immediate ceasefire in Gaza as part of a hostage deal after Russia and China, who are permanent members, voted against the measure proposed by the United States, Reuters reports The resolution called for an “immediate and sustained ceasefire” lasting roughly six weeks that would protect civilians and allow for the delivery of hu-
veto power would support a US draft
to voters and throw them a bone in the form of some kind of a mention of a ceasefire in Gaza,” he said The resolution will “ensure the impunity of Israel whose crimes are not even assessed in the draft I s r a e l s N et a n y a h u s a y s h e t o l d B l i n k e n w e w i l l g o i n t o R a f a h a l o n e i f n e e d e d Israeli Prime Minister Benjamin Netanyahu has said that Israel remained determined to send troops into the southern Gaza city of Rafah where more than one million Palestinians are sheltering and would do so without US backing if necessary Reuters reports Netanyahu said in a statement he had told visiting US Secretary of State Antony Blinken that there was no way to defeat Hamas without going into Rafah “And I told him that I hope we will do it with the support of the US but if we have to we will do it alone he said
BEIJING S TA F F C O R R E S P O N D E N T China’s Special Representative on Eurasian Affairs Li Hui who just concluded the second round of shuttle mediation between Russia Ukraine and other European countries delivered a briefing in Beijing on Friday saying that China has communicated with Switzerland on a potential peace talk conference, and that any peace talks should be recognized by both Ukraine and Russia The briefing was attended by diplomats and embassy representatives in Beijing from 78 countries and regions including Russia Ukraine Germany France and EU At a time when the Russia-Ukraine conflict has been escalating as it enters its third year as permanent member of the UN Security Council and a responsible country China has always been committed to mediating and promoting peace, and never standing by idly, Li said As the conflict continues to deteriorate, with no signs of tension easing the most urgent task now is to launch the peace talk as soon as possible the Chinese diplomat said Li visited Russia the EU headquarters Poland Ukraine Germany and France from March 2 to 12 and held talks with relevant parties on the political settlement of the Ukraine crisis, had an in-depth exchange of views, and traveled intensively to mediate among different parties and convey information All sides attached high importance to Li’s visit and commended China s effort of promoting talks for peace the Chinese Foreign Ministry said The purpose of our diplomatic shuttle this time is clear, to engage in in-depth communication with Russia and Ukraine, the two war-engulfed countries, as well as with relevant European nations and based on the latest developments in the current situation to jointly seek ways for an early political resolution of the crisis, Li said The Chinese diplomat also shared some prominent impressions about the visit In Russia Chinese and Russian diplomats held in-depth conversations and both believed that maintaining dialogue on the main crisis reflects the high-level strategic coordination between the two countries Russia appreciates China s efforts in carrying out the second round of shuttle diplomacy during the crisis and recognized that the Ukraine crisis has to be resolved ultimately by negotiation Li said The Russian side also raised its own opinions on peace talks reiterating its willingness to engage in comprehensive negotiations on the Ukraine crisis The Chinese diplomat also emphasized that the Ukrainian side also attached great importance to his visit The Ukrainian side expressed that they highly value the Ukraine-China relations and are willing to push forward the bilateral relations and trade ties while maintaining people-to-people exchanges C h i n a m a i n t a i n s co m m u n i c a t i o n o n p o s s i b l e p e a ce t a l k i n Sw i t z e r l a n d o n U k ra i n e c r i s i s : D i p l o m a t
JAKARTA R E U T E R S More than 70 Rohingya are presumed dead or missing after a boat they were on capsized off the coast of Indonesia s Aceh province, the United Nations High Commissioner for Refugees (UNHCR) said on Friday The UNHCR said in a joint statement with the International Organisation for Migration that if the death toll was confirmed it would be the biggest loss of life so far this year The alert was raised on Wednesday when Indonesian fishermen rescued six of the migrants A fishing community in Aceh said they had been standing on the hull of the boat after it capsised due to high tides For years, Rohingya have left Buddhist-majority Myanmar where they are generally regarded as foreign interlopers from South Asia denied citizenship and subjected to abuse More than 2 300 Rohingya arrived in Indonesia last year, UNHCR data showed, surpassing the number of arrivals in the previous four years combined The 2023 toll of at least 569 Rohingya dead or missing while trying to flee Myanmar or Bangladesh was the highest since 2014 the UNHCR said in January BEIJING S TA F F C O R R E S P O N D E N T Chinese Premier Li Qiang on Friday presided over a State Council executive meeting that mulled measures to coordinate the establishment of financing credit services platforms and promote financing facilitation for micro small and medium-sized enterprises The meeting also heard reports on optimizing real estate policies and reviewed and adopted regulations for the docking of international cruise ships at Chinese ports The establishment of financing credit services platforms is vital to the development of sci-tech finance, green finance, inclusive finance, pension finance and digital finance Efforts should be made to strengthen unified planning and information sharing among such platforms alongside efforts to align them with the existing credit system according to the meeting It called for efforts to refine real estate policies further, ensure the delivery of housing projects, and ensure that real estate financing coordination mechanisms deliver tangible results Related support policies should be made systematically to tap into potential housing demand and increase the supply of high-quality housing, promoting the steady and healthy development of the real estate market the meeting said Efforts should also be made to cultivate new growth drivers improve supporting mechanisms and service systems in a timely manner, and promote the development of new industries, business models and growth drivers according to the meeting C h i n e s e P r e m i e r L i Q i a n g c h a i r s S t a t e C o u n c i l e xe c u t i ve m e e t i n g

CORPORATE CORNER

Iqbal Z Ahmed appointed member of GCU Endowment Fund Board of Trustees

The

IOGDCL's ESG Committee of Board reviews progress on ESG Polic y implementation framework

B ook Review : An apt socio political study of Pak istan

r y ) , S a

u s h k a H S a i y i d ( h i s -

A k r am R aja ( co ns t i t u t i o n a l l a w ) , A h m e d B i l a l M e h b o o b ( P I L D AT ) , S a l m a n S h a h ( f i n a n c e a n d e c o n o m i c a ffairs) Murtaza Syed (macroecon o m i c r e s e a r c h a n d p o l i c y analysis) Ishrat Husain (business a n d f i n a n c i a l a d m i n i s t r a t i o n ) , A d i l N a j a m ( e n v i r o n m e n t a l r es e a r c h ) , Ta r i q B a n u r i ( d e v e l o pm e n t e c o n o m i c s ) , M u h a m m a d A m i r R a n a ( t h i n k t a n k ) M s Khawar Mumtaz (women s studies) Jamil Ahmad (environmental analysis) Zeba Sathar (demograp h y ) , R i a z M o h a m m a d K h a n

( d i p l o m a c y ) , A i z a z A h m a d Chaudhry (diplomacy), and Zahid Hussain (journalism)

Early morning rain, snowfall bring relief to various parts of country

Essays in the third segment highlight Pakistan s moment of youth, education, religious extremism, women s rights, environmental scenario, and population crisis The last portion is comprised of essays on Pak-China friendship Pakistan-India troubled relationship paradoxes in Pak-US ties and Taliban and the Afghan dilemma Maleeha Lodhi s introductory observations tend to sum up the intent, focus and scope of the book: ‘The issues discussed in this volume cover almost the entire gamut of challenges the country confronts and the opportunities they present that need to be seized Topics such as governance, civil-military relations, economic revival, internal and external security, the youth bulge human development climate change religious extremism foreign relations and the role of women are all examined along with ways to deal with them

The common theme running through almost all the chapters is that a strong state responsive to the people and not merely its privileged elites will emerge only by implementing a reform agenda that addresses Pakistan s systemic and fundamental challenges to guarantee its long-term stability ’ Jamil Ahmad’s essay on environmental crisis is an eye-opener in the context of the on-going multi-dimensional crises in the country and forewarns that the environmental crisis carries the risk of degenerating into a deeper chaos if immediate measures are not taken

The book has been widely acknowledged as an illuminating and comprehensive study of contemporary Pakistan s mounting political, socio-economic, security, demographic, and environmental challenges’: Ian Talbot Prof of History at Southampton University UK Noted British author journalist and policy analyst Anatol Lieven says that it (the book) is a vital contribution to debate on the reforms that the country (Pakistan) so desperately needs’ Micheal Kugelman Director South Asia Institute at Wilson Center Washington DC is of the view that the essayists in the book have tried to examine a critical question viz How can Pakistan overcome the governance constraints that have held the country back for so long?’ Author and journalist Ahmed Rashid thinks that administrators in Pakistan both civil and military have failed to take a long view and have spent much of the time in crisis management rather than build an infrastructure of ideas and introduce reforms’ This situation has created a moment of truth for the country Besides a thoughtful introduction by Maleeha Lodhi and an illuminating essay on the relevance of history (in the Pakistani context) by eminent historiographer Dushka H Saiyid the book is subdivided into four parts viz Politics Economy Society and Foreign Policy The first part includes essays on constitution, governance, parliamentary politics, and hybrid democracy The second comprises essays on economic depression, debts and bailouts, pursuit of a new development paradigm and expansion of economic competitiveness

07 NEWS Saturday 23 March 2024 LAHORE
ISLAMABAD S TA F F R E P O R T Early morning rain and snowfall have brought relief from the prevailing dry spell in various parts of Pakistan including Attock Islamabad Lahore and Azad Kashmir However the inclement weather has also caused disruptions particularly in the picturesque Neelum Valley where avalanches and communication failures are reported PR OFIT N E W S D E S K
N February 2024, Pakistan’s auto financing marked its 20th consecutive month of decline falling to Rs242 9 billion down from Rs246 billion at January s end as reported by the State Bank of Pakistan (SBP) This ongoing downtrend reflects a significant reduction from Rs325 8 billion in February 2023, culminating in a Rs125 billion drop since June 2022 Despite a slight increase in car sales to 7 953 units in February 2024 from 7 802 units in January the auto sector continues to face challenges, with sales plummeting from 78,575 units in the first eight months of the previous fiscal year to 46 417 units in the same period of FY24 However this February s sales showed a substantial recovery compared to the 3,642 units sold in February 2023 The import of completely knocked down (CKD) kits saw an improvement, with expenditures rising to $51 million in February 2024 from $37 million in January suggesting an easing of the central bank s restrictions on letters of credit Despite this CKD imports during the first eight months of FY24 were 23% lower than the previous year, totaling $473 million compared to $614 million The auto market has seen reduced consumer interest attributed to high interest rates of 22% restrictive auto financing measures by the SBP including a Rs3 million cap on loans and shortened loan repayment periods, and the high prices of vehicles Efforts by some assemblers to lure customers with discounts and promotions have not significantly boosted sales Industry experts have pointed out that the prevailing high interest rates make auto financing unattractive exacerbating the impact of reduced purchasing power due to elevated food and utility costs They advocate for a reduction in interest rates to single digits to revive the auto sector and calls for the government to engage with business stakeholders in crafting a five-year industrial policy aimed at enhancing production and exports Indus Motor Company (IMC) remains optimistic about its new Toyota Corolla Cross (Hybrid), expecting a monthly order intake of 600-1 000 units Despite the challenging outlook for FY24 and FY25 IMC reports no issues with letter of credit imports indicating a potential slow recovery for the sector A U T O F I N A N C I N G D E C L I N E H I T S 2 0 M O N T H S A M I D E C O N O M I C S T R A I N ICCPO urged citizens to work hard for making Pakistan prosperous, progressive I S L A M A B A D: According to details Islamabad Capital City Police Officer (ICCPO) Dr Akbar Nasir Khan has issued his message on the occasion of Pakistan Day for the citizens of Islamabad In a message ICCPO said that, PR SYED AFSAR SAJID Maleeha Lodhi is a celebrated Pakistani journalist diplomat and political scientist The instant book is a collection of some nineteen essays written by eminent native scholars and intellectuals of international repute, connected with history, diplomacy, journalism, social sciences et al The list includes among others such names as Maleeha Lodhi h e r
s e l f D
to
lman
Board of Trustees of the Government College University (GCU) has unanimously approved the name of Iqbal Z Ahmed, Chairman and CEO of the Associated Group (AG) as a member of the Board of Trustees for one year i e from March 7 2024 till August 9 2025 An eminent old Ravian Mr Ahmed s appointment was approved during the 13th meeting of the Board of Trustees on March 7, 2024, under Clause (4) sub-clause (3) of the GCU Endowment Fund Trust Deed, replacing the late Zia Haider Rizvi Additionally the Board of Trustees also approved Iqbal Z Ahmed as a Member of the Executive Committee of the GCU Endowment Fund Trust from March 7 2024 to August 15 2026 Further the Board of Trustees unanimously approved Mr Ahmed as President of the Executive Committee of the GCU Endowment Fund Trust from March 7, 2024 till August 15, 2026 Mr Ahmed is the cofounder of AG one of Pakistan’s largest producers transporters and marketers of liquefied petroleum gas in the private sector It subsidiaries include the Jamshoro Joint Venture Limited, Pakistan GasPort Consortium Limited, Lub Gas, Mehran LPG, AG Publications, and Associated Estate Developers PR
I S L A M A B A D: The Environmental Social and Governance (ESG) Committee of the Board of Oil and Gas Development Company Limited (OGDCL) held a meeting under the chairmanship of Mr Hassan Mehmood Yousafzai at the OGDCL Head Office in Islamabad The committee discussed the company s ESG policy Terms of Reference (ToRs) for the ESG committee and the implementation framework The committee of the board reviewed progress on the ESG policy implementation framework and discussed the material topics to be covered in the upcoming OGDCL ESG report for the year 2024 The committee members appreciated the efforts of the Health Safety and Environment (HSE) team of OGDCL emphasizing the importance of ensuring data reliability to uphold transparency in reporting practices During the meeting, the committee members also raised pertinent questions concerning the implementation plan, material topics, outcomes of the process , and the identification of potential gaps PR g ONGOING DOWNTREND REFLECTS A SIGNIFICANT REDUCTION FROM RS325 8 BILLION IN FEBRUARY 2023

TThree months later, PTCL’s acquisition of Telenor continues through sluggish approval process

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 Saturday 23 March 2024 NEWS PR OFIT G H U L A M A B B A S The Competition Commission of Pakistan (CCP) is on the brink of finalizing the first phase of the merger process involving the takeover of Telenor Pakistan by PTCL Sources within the Commission have revealed that the teams have diligently gathered all necessary documents from relevant stakeholders with the analysis anticipated to successfully conclude by March 30 According to the provisions outlined in the Competition Act, 2010, the Phase-I review of mergers must be completed within 30 days following the acceptance of the application This initial phase primarily aims to ascertain whether the merger would bolster a dominant market position Currently, PTCL holds a 100% stake in Ufone In 2023 the company signed a sale purchase agreement to acquire Telenor from its parent company in Norway The proposed merger of PTCL/Ufone with Telenor Pakistan is deemed unlikely to cause any significant market distortions within Pakistan’s cellular landscape Data from the Pakistan Telecommunication Authority (PTA) indicates that Telenor Pakistan ranks as the third-largest mobile telecom company with a subscriber base of 44 78 million, while Ufone holds the fourth position with 25 28 million subscribers Collectively their subscriber base totals 70 06 million However Jazz leads the market with 70 95 million subscribers representing 37 31% of the total market share Once the merger is complete, the combined strength of Ufone and Telenor Pakistan will account for 36 84% of subscribers in the country Presently Zong Pakistan holds the second position with 47 40 million subscribers However after the merger formalities are finalized, it will rank as the third-largest among Pakistan’s cellular mobile companies With 62 % stake with the government and 26% stake along with managerial control with UAE telco e& PTCL is set to become the biggest telecom operator of Pakistan This sparks concern of market dominance by one particular company Such concerns are addressed by the CCP in its phase 2 review of the particular industry Notably, CCP had already conducted a Phase II review during February 12 2016 to March 9 2016 when Jazz acquired Warid Telecom This review was prompted by concerns over Jazz s potential dominance following the merger A senior official of Ufone hinted at the possibility of CCP initiating a Phase II review based on certain conditions such as complaints from the remaining two telecom operators or to ensure transparency in the process Phase II review, if initiated, is a 90-day process conducted when a merger significantly diminishes competition by consolidating or strengthening a dominant position In the event of a successful Phase II review by CCP, the formal merger between PTCL/Ufone and Telenor Pakistan is expected to commence after the start of the next fiscal year Simultaneously the UfoneTelenor merger meets other Phase II review thresholds including combined assets exceeding Rs 1 billion for the merging parties and their combined revenue surpassing Rs 1 billion
PR OFIT M O N I T O R I N G D E S K
H E International Monetary Fund (IMF) has advised Pakistan to impose federal excise duty (FED) on locally manufactured cars and luxury items like yachts and impose a petroleum development levy (PDL) on machinery that pollutes the climate The global lender also asked to enhance border control to curb petroleum smuggling and tax e-cigarettes and other tobacco products regardless of the manufacturer s origin In its Technical Assistance Report to Pakistan, the IMF highlighted the necessity of reducing the number of items subject to federal excise duties once revenue increases targeting goods with negative externalities, significant revenue potential, inelastic demand, or luxury characteristics The IMF also recommended bringing several dozen items under the standard rate of 18% GST including unprocessed food stationery, medicine, POL products, and others Current excises affect tobacco, aerated drinks, motor vehicles, cement telecommunication and petroleum and natural gas products The report notes that the PDL represented 0 7% of GDP in FY2023, with other excises contributing 0 4%, primarily from cigarette taxes The PDL rate increased significantly in FY23 reaching Rs60 per liter for petrol by September 2023 Additionally petroleum products were exempted from Sales Tax since March 2022, affecting revenue distribution between federal and provincial governments The IMF observed a decrease in petroleum product taxation since 2019 with taxes constituting 19 6 percent of petrol s sale price in September 2023 It compared Pakistan’s petrol pricing to that in neighboring countries and emerging markets suggesting that removing the sales tax exemption for petroleum products could align prices with regional averages The report also mentioned a significant rise in FED rates on tobacco products in February 2023 leading to a 20-25% reduction in cigarette consumption PRAYER TIMINGS FA J R S U N R S E Z U H R A S R M AG H R I B I S H A 5:05 6:08 1:30 5:00 6:17 8:00 IMF ASKS FOR PETROLEUM DEVELOPMENT LEV Y ON POLLUTING MACHINERY

T H E S I G N I F I C A N C E O F PA K I S TA N D AY :

C O M M E M O R AT I N G U N I T Y, FA I T H , A N D D I S C I P L I N E

of

AS the

The

The

Moreover faith in the nation s capabilities functions as a catalyst for motivation Individuals in Pakistan can

contribute to the development and prosperity of their country by having faith in their capabilities and committing to achieving their goals It is of the utmost importance to cultivate this faith and direct it towards constructive undertakings that yield advantages for every individual and the entire nation

Discipline serves as the cornerstone of any successful society In the words of Muhammad Ali Jinnah With faith discipline and selfless devotion to duty there is nothing worthwhile that you cannot achieve Pakistan Day serves as a reminder of the importance of discipline in achieving national goals and aspirations

From the armed forces safeguarding the nation's borders to the teachers shaping the minds of future generations discipline permeates every facet of Pakistani society It is the discipline to adhere to the rule of law the discipline to work tirelessly for the betterment of the nation, and the discipline to overcome challenges with resilience and determination

Pakistan is a historically, culturally, and materially

prosperous nation Geographically situated at the nexus of geopolitical and economic interests its location renders it a pivotal participant in the international arena

The potential of the nation is evident in its dynamic youth demographic, enterprising mindset, and abundant natural resources

The celebration's foundational theme of unity, faith, and discipline is of significant influence on the nation's identity potential and the responsibility of its citizens in ensuring its future In light of the various obstacles and prospects that Pakistan encounters its populace must maintain their fortitude in the face of hybrid propaganda that attempts to obstruct the nation s advancement Pakistan has made notable advancements in numerous sectors including healthcare agriculture and technology despite facing numerous obstacles By leveraging appropriate investments implementing strategic plans and garnering the support of its populace Pakistan possesses the capacity to emerge as a global innovation and economic hub

In the interconnected world of the twenty-first

century hybrid propaganda poses a serious threat to the stability and unity of nations It encompasses the dissemination of false information, narratives, and disinformation with the intention of sowing discord and impeding the advancement of a nation Young individuals who are technologically adept and constantly connected are especially vulnerable to these influences

Pakistanis must maintain a state of vigilance and exercise critical thinking when consuming information They can counter the dissemination of hybrid propaganda through the use of credible sources, factchecking information, and participating in productive dialogue It is of the utmost importance that they recognize the significance of national unity and oppose any endeavors to influence their viewpoints

In observance of Pakistan s national day it is crucial to reaffirm our commitment to the principles of unity, faith, and discipline and to consider the progress that has been achieved since the country's independence Despite encountering challenges along the road Pakistan has achieved noteworthy progress in numerous sectors such as healthcare education and infrastructure We can only surmount these obstacles and provide future generations with a more promising outlook if we persevere in our commitment to discipline, faith, and unity Pakistan Day is observed to honor the principles of faith discipline and unity that have governed the nation throughout its history Given the juncture of new opportunities in Pakistan it is imperative that we maintain these values and actively participate in shaping the trajectory of the nation By capitalizing on our collective capacities, sustaining our resolve amid hybrid propaganda, and working together harmoniously we can cultivate a prosperous and harmonious Pakistan that advances the fundamental values of unity faith and discipline

The columnist is an Mphil scholar from Quaid i Azam University and a freelance writer She can be reached at mariamansab@ir qau edu pk

MARIA MANSAB
Pakistan
freedom
nation
23rd
March dawns upon the nation Pakistanis all around the globe unite to celebrate Pakistan s day commemorating the historic Lahore resolution of 1940 This day holds immense significance in the history of
as it symbolizes the aspirations and struggles of its people for
and sovereignty More than just a date on the calendar, Pakistan Day represents the embodiment of unity faith and discipline the founding principles upon which the
was built
public
electoral protections
representation in state institutions Pakistan
of its existence
diverse ethnicities
cultures
significance of Pakistan Day lies in showcasing the ideology of the independence movement emphasizing justice for the
through constitutional means such as
and ensured
has always regarded unity as a cornerstone
with
languages and
making up the nation Despite these disparities the essence of Pakistan is its unity in which people come together to celebrate collective accomplishments and confront common challenges
significance of national unity is further emphasized when confronted with external pressures and hybrid propaganda that seek to undermine the nation by capitalizing on these divisions Given the formidable influence that unity generates Pakistanis ought to remember the altruistic endeavors that their forebears undertook in their quest for autonomy and unite against any divisive forces Pakistan's progress has been driven by a firm belief in individual capability the nation's inherent potential and unwavering self-confidence The nation's advancement amidst a multitude of obstacles has been sustained by the citizens tenacity and determination Through its steadfast commitment to the democratic process, adherence to the rule of law, and confidence in the effectiveness of education, Pakistan has successfully attained noteworthy progress in various spheres
Saturday 23 March 2024 LAHORE I S U P P L E M E N T | L A H O R E

M e S S a g e

AMB DR M NAFEES ZAKARIA

E x E c

Ta

F o r a c o u n t r y t h a t h a d v e r y h u m b l e b e g i n n i n g a n d c o n s t r a i n t s i n t e r m s o f i n f r a s t r u c t u r e a n d r e s o u r c e s P a k i s t a n s j o u r n e y i n s c i e n c e a n d t e c h n o l o g y h a s b e e n r e m a r k a b l e w i t h s o m e m a j o r and pioneering strides in a variety of scientific fields E s t a b l i s h m e n t o f i n s t i t u t i o n a l a r r a n g e m e n t s i n nuclear paradigm came very early on with Pakistan A t o m i c E n e rg y C o m m i s s i o n ( PA E C ) t h a t s t a r t e d leading advancements in nuclear technology in 1956 p r o m o t i n g p e a c e f u l u s e o f n u c l e a r t e c h n o l o g y f o r e n e rg y p r o d u c t i o n a n d m e d i c i n e w i t h p o t e n t i a l t o grow from currently 4% to increase steadily in the energy sector T h e c o u n t r y s a c h i e v e m e n t o f l a u n c h i n g t h e f i r s t i n d i g e n o u s l y d e v e l o p e d s a t e l l i t e i n 1 9 9 0 , i m p o r t a n t t e c h n o l o g i c a l c a p a b i l i t i e s i n t h e f i e l d o f d e f e n s e w i t h b u i l d i n g o f i t s o w n f i g h t e r j e t s a n d s u b m a r i n e s a n d a w h o l e r a n g e o f e s s e n t i a l e l e m e n t s f o r s e l f - d e f e n s e t e c h n o l o g i c a l / t e c h n i c a l a s s i s t a n c e t o o t h e r c o u n t r i e s w i t h t r a i n i n g s , c a p a c i t y b u i l d i n g a n d t h e s p i r i t o f s h a r i n g e x p e r t i s e

CoMSatS – a S ignific ant platform for international Cooperation in St&i in the S outh

Tis now a significant Intergovernmental organization of 27 Member States from Asia, Africa, Middle East and Latin America COMSATS draws its strength from its affiliated Network of 25 Centres of Excellence with expertise inter alia in Biotechnology Food Technology/Agriculture, Health/Medical Sciences, ICTs, Clean Energy, Climate Change/Environment Nanotechnology Water Conservation and Material Sciences Inclusion of latest Centre of Excellence from Spain signifies a new initiative of opening an avenue of cooperation with a member of Global North – a milestone that will go a long way in building bridges to the mutual advantage The Secretariat of the

Commission is hosted by its founding Member State Pakistan since October 1994, in Islamabad The Prime Minister of Pakistan was elected as the first Chairperson of COMSATS during the inaugural meeting with participation from 36 countries Currently the Chairperson of COMSATS is the President of Republic of Ghana, H E Nana Addo Dankwa Akufo-Addo Ambassador Dr Mohammad Nafees Zakaria is the incumbent Executive Director of COMSATS Secretariat COMSATS activities and technology based solutions are aimed at sensitizing the countries in the South to the centrality of science and technology in the development process, adequate resource allocation for research and development and integration

Saturday 23 March 2024 | LAHORE
WENTY-THIRD
special importance for Pakistan owing
its ideological significance to the country that predates even its independence in 1947 On the auspicious occasion of 84th Anniversary of Pakistan Day celebrated every year with zeal and fervor by Pakistanis at home and abroad I extend felicitations to the Government and people of the Islamic Republic of Pakistan on behalf of COMSATS fraternity
a n d k n o w l e d g e a r e s o m e o f t h e h a l l m a r k s Pakistan’s Science Diplomacy front is rich with remarkable associations with Science organizations such as the European Council for Nuclear Research ( C E R N ) w i t h k e y r o l e i n t h e c o n t r i b u t i o n t o t h e Large Hadron Collider (LHC) CERN Member since 2015, Pakistan has a notable participation in various projects and experiments in the field of high-energy physics Pakistan's membership in CERN reflects its c o m m i t m e n t t o a d v a n c i n g s c i e n t i f i c r e s e a r c h a n d c o l l a b o r a t i o n i n t h e l a rg e r i n t e r e s t o f t h e international community T h e c o u n t r y h a s p r o d u c e d o n e o f t h e f i n e s t s e a s o n e d s c i e n t i s t s w i t h i l l u s t r i o u s s c i e n t i f i c a c h i e v e m e n t s t o t h e i r c r e d i t a t h o m e a n d a b r o a d Prof Dr Abdus Salam, the iconic Pakistani scientist and Nobel Laureate was thankfully the founder of COMSATS The idea of such an Inter-governmental o rg a n i z a t i o n a n d i d e o l o g y b e h i n d i t i s s u r e l y a cherishable gift to his homeland The organization he e n v i s i o n e d i s n o w a p i v o t p o i n t o f i n t e r n a t i o n a l cooperation for science, technology and innovation a m o n g 2 7 d e v e l o p i n g c o u n t r i e s I e x t e n d s i n c e r e g r a t i t u d e f o r P a k i s t a n ’s g e n e r o u s h o s t i n g o f t h e o rg a n i z a t i o n s i n c e 1 9 9 4 a n d r e c o g n i z e w i t h a p p r e c i a t i o n t h e c o o r d i n a t i o n a n d s u p p o r t o f C O M S AT S F o c a l P o i n t i n t h e h o s t c o u n t r y t h e Ministry of Science and Technology
March holds
to
u t i v E D i r E c to r c o M S At S
Science
Sustainable Development
South
(www
org)
founded
the idea propounded
the world s renowned scientist
Nobel Laureate, Prof Abdus Salam
early 90’s Overarching
COMSATS
1994
endeavours
belonging
pace
rapid
the
science
technology
bridge knowledge
technology gap
the developed members
Global North COMSATS
HE Commission on
and Technology for
in the
(COMSATS)
comsats
was
on
by
and
in
objective of
since its inception in
was collective and cooperative
of the countries
to Global South to keep
with the
developments in
fields of
and
and
and
with
of the
of science and technology in the national and regional development plans The membership of COMSATS is inclusive Currently, the COMSATS Membership exhibits a cultural ethnic and religious diversity The activities of the Network of CoEs are supervised by the COMSATS’ statutory body called ‘Coordinating Council’ A seasoned scientific expert from Egypt Prof Ashraf H Shaalan is currently the Chairman of the Council All the activities and programs are coordinated and facilitated by the Secretariat The Network includes two Centres of Excellence from Pakistan; the International Center for Chemical and Biological Sciences (ICCBS) and the COMSATS University Islamabad (CUI), making headways in their respective fields, both nationally and internationally The statutory bodies of COMSATS i e General Meeting the Consultative Committee the Coordinating Council and the Secretariat, administer the main functioning of the organization The General Meeting of the Commission is participated at the summit level, two of which were hosted by the Government of Pakistan The Ministerial level Consultative Committee has highest representation of the relevant Focal Ministries/Government Departments of the Member States (Pakistan holds the Chair of the Consultative Committee)
C o n t i n u e d o n n e x t pa g e II S U P P L E M E N T | L A H O R E Amb Dr Nafees Zakaria addressing High level Segment of UNFCCC, @COP28, Dubai, Dec 9, 2023 C o n t i n u e d o n n e x t pa g e

PA K I S TA N D AY - A D AY O F R E C KO N I N G

e t h a t a l t h o u g h P a k i s t a n a t t a i n e d o ff i c i a l

e p e n d e n c e o n A u g u s t 1 4 , 1 9 4 7 , i t s c o n c e p t u a l

e s o l u t i o n w h i c h w a s c o n c e i v e d b y t h e v i s i o n a r y leaders Quaid-i-Azam Muhammad Ali Jinnah and Dr A l l a m a M u h a m m a d I q b a l P a k i s t a n s e p a r a t e d M u s l i m - m a j o r i t y a r e a s f r o m I n d i a a n d b e c a m e a n i n d e p e n d e n t s t a t e w i t h i n s e v e n y e a r s o f t h i s resolution The Muslim awakening was started by Sir S y e d A h m a d K h a n A l l a m a I q b a l p r o v i d e d t h e philosophical foundation and Quaid-i-Azam turned i t i n t o p o l i t i c a l r e a l i t y T h i s i s h o w P a k i s t a n s ideological framework came to be throughout time Iqbal s understanding of Islam, which rejects the idea of a theocratic state and promotes democracy as the p r e f e r r e d p o l i t i c a l s y s t e m , i s f u n d a m e n t a l t o h i s v i s i o n o f a m o d e r n I s l a m i c s t a t e H e h i g h l i g h t e d m i n o r i t i e s ' e q u a l r i g h t s a n d e n v i s i o n e d a n I s l a m i c s p i r i t u a l d e m o c r a c y b e i n g e s t a b l i s h e d Tw o e s s e n t i a l c o m p o n e n t s o f a m o d e r n I s l a m i c s t a t e a r e t h e u p h o l d i n g o f t h e l a w a n d t h e c r e a t i o n o f a n a u t o n o m o u s j u d i c i a r y I s l a m i c l a w p e r t a i n i n g t o r o u t i n e m a t t e r s ( M u a m l a a t ) h a s t o b e u p d a t e d t o

"Ijtehad "

by consensus ( Ijma ) using a majority vote As Iqbal goes deeper into the Qur'an, he finds an underlying concept of "Social Democracy" within its verses, one that economics may help develop into legislation Progressive legislation in these areas can help create a welfare state that is friendly to the middle class Indian Muslims demand for separate electorates resulted from their recognition of their unique identity from Hindus and their concerns about their safety in a democratic India where Hindus make up the majority To enable Muslims to live according to the precepts of the Holy Qur'an and the Sunnah of the Holy Prophet (PBUH) they petitioned for a sovereign state in places where they were the majority They also wanted to create their own state in order to strengthen unity among Muslim countries If Pakistan had never come into being, the treatment

Message – Amb. D r. M. Nafees Z ak aria Exec utive D irec tor COMSATS

CONTINUED FROM PAGE II

of Muslims Christians and Sikhs in India could have reflected the discrimination seen under the current administration led by Narendra Modi One dramatic example is the marginalization and persecution of Muslims Christians and Sikhs in Manipur Events like the 2019 passage of the Citizenship Amendment Act (CAA) which gives non-Muslim refugees from nearby nations a route to Indian citizenship, have prompted large-scale demonstrations and accusations of discrimination based on religion In addition, tensions and worries about human rights have increased since Jammu and Kashmir's special status was taken away in 2019 when Article 370 was repealed The number of reports of mob violence against Muslims and other religious minorities has increased recently with many lynchings and attacks on mosques and churches The social fabric has been further frayed and

interfaith tensions have increased due to the prevalence of hate speech and communal polarization fostered by extremist ideas The relevance of Pakistan's existence as a safe haven for various religious communities is highlighted by the possibility that the situation of religious minorities in India would have been considerably worse in the absence of Pakistan as a distinct entity offering refuge for Muslims

The 23rd March parade holds profound significance for Pakistan, serving as a poignant display of the nation's military prowess and instilling a sense of pride and confidence among its citizens This annual event shows the capability of the Pakistani military forces to protect the country's interests and maintain its sovereignty It is a monument to their might discipline and readiness The unveiling of homegrown military hardware by Pakistan s state-owned Heavy Industries Taxila, which includes the Haider Main Battle Tank, Multiple Barrel Rocket Launcher Fatah-II is one of the parade s highlights It demonstrates the nation's defense technological advancements and dedication

The 23rd March parade is not just ceremonial; it also serves as a reminder of the Pakistan Army s important role in preserving peace on the inside as well as the outside Internally, the army is vital to upholding law and order, fighting terrorism, and guaranteeing the security of the populace Through its involvement in UNsponsored peacekeeping operations it promotes regional stability on the outside Operation Marg Bar Sarmachar demonstrates Pakistan s resolve to protect its interests and firmly counter any provocations or threats By conducting such operations, the Pakistan Army ensures the safety and well-being of the Pakistani people by sending a clear message to any aggressor that any attempt to compromise the security of the country will be met with a strong and decisive response

The author frequently contributes on issues concerning national and regional security focusing on matters having critical impact in these milieus She can be reached omayaimen333@gmail com

Inc umbent govt lacks vision to address challenges confronting countr y: S iraj

LAHORE S ta f f R e p o R t Ameer Jamaat-e-Islami (JI), Sirajul Haq has said that the incumbent government which came into power as a result of selection rather than election lacks the vision needed to address the challenges confronted by the country

Talking to media persons after an iftar ceremony honoring JI workers at

COMSATS – A S ignific ant Platform for International Cooperation in ST&I in the S outh

CONTINUED FROM PAGE II The Coordinating Council comprises of the Heads of designated Centres of Excellence that are part of COMSATS’ Network A Technical Advisory Committee comprising lead Scientists and Technologists also supports COMSATS with its valuable advice as and when sought COMSATS has been contributing to the national development of the Member States, mainly by building capacities of their scientists, researchers, scholars, students, as well as policy makers COMSATS works in partnership with a number of international and intergovernmental organizations pursuing its organizational objectives as well as the global agenda set out by the world community in the form of United Nations Sustainable Development Goals (SDGs) Over the years, COMSATS has implemented various programmes of science and technology Realizing that there was no Internet related infrastructure in Pakistan the organization established the COMSATS Internet Services (CIS) in 1996 CIS is now the most diversified ISP of Pakistan offering technical services and solutions involving wireless/ on-demand broadband, domain & web hosting, Data Center services, video conferencing, website designing and development, Search Engine Optimization Virtual Private Servers networking IT training and Internet related research facilities Presently CIS has presence and operations in 9 cities across the country and possesses a state-of-the-art training center In order to deliver technical and higher education in the field of information technology, COMSATS established the COMSATS Institute of Information Technology (CIIT) in Islamabad in 1998 The Institute was renamed as COMSATS University Islamabad (CUI) after attaining the status of public sector university and has campuses in seven cities of Pakistan It is among the top five universities of Pakistan, and is ranked top most, in the country, in the field of Computer Science and Information Technology’ The University offers over 110 academics programs with a faculty strength of around 2 100 including over 1 100 PhDs The university is catering to the educational needs of the country and has produced over 100 000 graduates with current enrollment around 35 000 Under a program with COMSATS, CUI offers 100 post-graduate Scholarships to students from COMSATS Member States Information on how to avail these can be viewed at: https://ww2 comsats edu pk/internationalstudents/COM SATS HQ aspx COMSATS is the pioneer of Tele-health services in Pakistan which started back in 2001 as a pilot-project with the utilization of indigenous resources to provide cost-effective solution and access to healthcare service to the needy and marginalized Currently, 29 Techenabled Health Clinics in Balochistan are providing tele-consultations to the people living in remote areas with its Resource Centre of Doctors located at the COMSATS Technology Park in Islamabad Over the years, COMSATS organized, co-organized and sponsored about 450 capacity building events in its member states Capacity building events held by COMSATS can be broadly categorized in the following: Scientific and Technological Education R&D; Environment/ Climate Change; Industrial development; New technologies; ICTs; Health; Agriculture/ food security; Energy/ Renewable Energy Technologies; and Economy COMSATS has been facilitating joint research activities in various fields of science and technology in order to collectively address the common challenges being faced by the Member States The focused fields included ICTs; Agriculture Food Security and Biotechnology; Natural Products Sciences; Renewable Energy; Mathematical Modeling; and Climate Change and Environmental Protection In view of the world focus on Climate Change COMSATS established the COMSATS Centre for Climate & Sustainability (CCCS) in August 2018 CCCS serves as a platform to connect member countries to identify potential areas of collaboration, share knowledge and expertise and offer their perspectives and solutions in addressing common challenges in the framework of the UN 2030 Development Agenda The Centre currently has membership of 20 countries along with 24 institutions belonging to different regions of the world So far CCCS has organized more than 30 capacity-building activities on a range of subjects in the context of the agreed SDGs CCCS webinars have generated a lot of interest at the regional and international levels COMSATS Joint Centre for Industrial Biotechnology (CCIB) was established in April 2021 at the Tianjin Institute of Industrial Biotechnology (TIB) under the framework of the National Center of Technology Innovation for Synthetic Biology (NC SynBio) of China, in order to promote meaningful cooperation among the Member States in industrial biotechnology CCIB has so far initiated five high-level joint R&D projects involving over 10 research teams from the Member States; supported 14 young visiting scholars; published four Science Citation Index (SCI) papers; and applied two patents CCIB has also significantly contributed towards capacity-building of the Member States by holding nine workshops/training courses in the areas of Bio-medicine; Bio-agriculture; Bio-energy; Bio-chemicals, future foods and Bio-materials COMSATS has recently ventured into a series of new initiatives in the fields such as Artificial Intelligence Data Analytics IT AI&SQA training courses, Precision Agriculture, Genomic Sequencing, Precision Medicine, Renewable Energy (Vertical Axis Wind Turbine), and Electric Vehicles In this regard, important agreements have been concluded in the domain of emerging technologies The National Genomic Sequencing program signed with Syndesis Health Inc USA will make the adopting country a hub of R&D upgrade pharmacology practices in that country, develop new industries and enable acquisition of expertise in precision medicine field Drone Technology agreement with a Polish enterprise to assist in relief efforts monitoring signs that prelude to the disasters assist in agricultural sector and so on Through the agreements signed COMSATS has gathered resources and expertise in Electric Vehicles technology, Renewable Energy technology, Cyber Security, AI Applications, and SQA COMSATS has also established a Technology Corridor with The Netherlands These endeavors are aimed at assisting member countries in their technological pursuits to keep pace with the developments in S&T socio-economic development and bridging the technology and knowledge gap COMSATS remains committed to its mission of scientific and technological progress of the developing world and is thankful to its Host Country, Pakistan other Member States Network members and partner organizations for their unwavering support in its noble pursuits Saturday 23 March 2024 LAHORE III S U P P L E M E N T | L A H O R E
The guidance and patronage of the Hon President and Prime Minister of Pakistan have played a pivotal role in effective functioning of this intergovernmental organisation COMSATS is committed to its S&T cooperation among member developing nations for achieving longterm sustainable solutions to key developmental problems We are making some effective strides in paving way for technological advancement of its member states including new collaboration in cutting-edge areas such as Artificial Intelligence (AI) Information Technology (IT) digital technologies and IT enabled services (ITES), telehealth, industrial biotechnology, climate change and environment, renewable energy, genomics, electric vehicles, precision agriculture, microchip circuit designing, etc For the pursuits and endeavors that COMSATS will continue to embark on we aim to effectively utilize the immense scientific resource that COMSATS has in the shape of Network of 25 Centres of Excellence affiliated to it, with the latest addition from Europe – University of Granada, Spain I believe that COMSATS Host Country, Pakistan, can further capitalize on its strong IT foundation in the form of valuable human resource with skill development making this field more economically beneficial for the country COMSATS is happy to assist Pakistan to that end A recent effort in this direction has been an agreement between COMSATS and SeQuenX, an IT solutions provider, to establish a Technology Corridor between Netherlands and Pakistan, and subsequently with other COMSATS Member States COMSATS remains steadfast in working towards finding tech-based solutions for Member States to address their respective challenges and achievement of national objectives A strong support and backing of COMSATS host country, Pakistan, has been and will remain indispensable in this endeavor
OMAY AIMEN A S we celebrate Pakistan Day on March 23 w e e x t e n d o u r s i n c e r e g r a t i t u d e t o t h e c o u r a g e o u s o ff i c e r s a n d t r o o p s o f o u r i l l u s t r a t i n g A r m e d F o r c e s A l s o k n o w n a s Pakistan Resolution Day, it commemorates the momentous adoption of the Pakistan Resolution o n M a r c h 2 3 , 1 9 4 0 , a t M i n t o P a r k , w h i c h i s t o d a y k n o w n a s I q b a l P a r k T h e d a y i s c e l e b r a t e d nationwide throughout Pakistan Under the leadership o f Q u a i d - i - A z a m M u h a m m a d A l i J i n n a h M u s l i m l e a d e r s f r o m a l l o v e r I n d i a c a m e t o g e t h e r f o r t h e occasion As we consider this historic occasion, we r e c o g n i z
foundations were
quest for the establishment of Pakistan
sparked by
the needs of the modern world
social structure of Islam is built on
which mandates that choices about legislation be ratified
i n d
laid on March 23, 1940 The
was
this r
reflect
The
Mansoorah on Friday he expressed skepticism that a government formed on a disputed mandate would be able to complete its tenure Sirajul Haq said that the feudal lords, families and corrupt people who remained in power for decades have been imposed again after the rigged election According to him, the ruling establishment sees IMF loans as the panacea for economic woes, while he advocates for addressing corruption resource mismanagement and implementing an interest-free economy to truly rectify the nation s economic issues The JI chief urged the incumbent political parties to fulfill the pledges they made to the electorate during their election campaigns Specifically he called for the provision of free electricity for up to 300 units a promise made to voters He attributed the country’s heavy debt burden and lack of basic amenities to poor governance and incompetence among the ruling elite, advocating for an audit of past loans instead of seeking additional IMF assistance He vowed that JI alongside the Pakistani populace would vehemently oppose any new taxes or inflation resulting from IMF conditions Siraj also criticized the silence of Islamic world leaders regarding the suffering of Gaza’s residents at the hands of Israel emphasizing the need for practical assistance from Islamabad to meet the expectations of the Pakistani people

PBUILDING FUTURES

he remarked

The President said “Let us also recognize the unparalleled sacrifices of our Kashmiri brethren both during the Pakistan Movement and in the ongoing struggle for the freedom of Indian Illegally Occupied

Jammu & Kashmir (IIOJK) The people of IIOJK are enduring the worst form of repression and state-sponsored terrorism at the hands of Indian occupation forces, aggravated by the Hindutva agenda exemplified by the unilateral revocation of Article 370 and 35A He said The key to durable peace in South Asia is the resolution of the dispute in accordance with the United Nations Security Council Resolutions Pakistan, on its part,

the values of hard work integrity and compassion Together united we shall overcome obstacles and chart a course towards a better and brighter future for our beloved Pakistan, the President concluded

Empowering Pakistan's Youth for Tomorrow

Tstructured and informed approaches to empower and develop the

Through programs research projects and initiatives these ministries aim to cultivate a generation of productive and informed citizens for Pakistan's future

needs of Pakistan s youth alongside targeted sectoral advancements

The Ministries of Information Technology and Telecommunication, National Food Security and Research (Agriculture), and Overseas Pakistanis and Human Resource Development are spearheading efforts under SIFC Motivation training and incentives are central to their mission with a focus on

Acknowledging the substantial role of the Pakistan Army in providing a future for the youth of Pakistan necessitates recognizing their significant contributions to education, vocational training, and employment Various educational initiatives led by the Armed Forces aim to provide quality education and produce competitive and responsible citizens The Army Public School and College System (APSACS) stands out as the largest contributor offering uniform affordable education to over 258 000 students with 46 percent from nonmilitary backgrounds Special education schools for children with disabilities, higher education institutes, military and cadet colleges and technical training centers are among the diverse educational contributions The Fauji Foundation Education System Pakistan Navy and Pakistan Air Force also play pivotal roles in promoting education, offering scholarships, and establishing institutions Notably in disadvantaged tribal areas like Khyber Pakhtunkhwa and Balochistan

ISLAMABAD A P P
RESIDENT Asif Ali Zardari felicitated the nation on Pakistan Day urging people to reflect on journey of the nation while celebrating their achievements In a message, he said, “On this auspicious occasion of Pakistan Day I extend heartfelt greetings and best wishes to each one of you Today as we commemorate the historic passage of the Pakistan Resolution on 23rd March 1940, a day that laid the foundation for the creation of our beloved nation and an independent homeland, let us reflect on our journey, celebrate our achievements, and reaffirm our commitment to a prosperous and united Pakistan,” he added He said, “As we revisit the pages of history we are reminded of the vision and determination of our forefathers The Pakistan Resolution of 1940 marked a crucial turning point setting the course for the establishment of Pakistan on 14th August 1947 Today, we honour the commitment and sacrifices made by the Quaid-i-Azam Mohammad Ali Jinnah and his companions who worked tirelessly towards transforming Allama Dr Muhammad Iqbal s dream into reality The journey since our independence has been marked by significant
across various domains Our armed forces, civil administration, police, and law enforcement agencies have, with unwavering commitment, ensured the safety, security and sovereignty of our nation Their triumphant role in the two-decade-long war against terrorism rapid response to the call of duty in times of natural disasters and contribution to peacekeeping missions worldwide stand out as our unflinching commitment to global peace and peaceful coexistence ”
achievements
stands committed to extending all kinds of moral and diplomatic support until the oppressed people get their right to self-determination
is deeply
over the indiscriminate killing of innocent Palestinians and persistent attacks on educational institutions and hospitals by the Israeli forces Pakistan remains steadfast in its principled support for the establishment of an independent, viable, and contiguous state of Palestine based on the pre-1967 borders with Al-Quds AlSharif
its capital In the spirit of Pakistan Day let us reaffirm our commitment to democracy, justice, and equality I urge each one of you to participate in the nation-building process actively; embracing
Saturday 23 March 2024 | LAHORE IV S U P P L E M E N T | L A H O R E P R E S I D E N T F E L I C I TAT E S N AT I O N O N PA K I S TA N D AY MARIA KHALID
The President said Similarly Pakistan
concerned
as
HE integral constituency of our societal milieu epitomized by the youthful demographic in Pakistan assumes a cardinal position in the overarching framework of the nation's developmental trajectory The realization of substantive outcomes and the maximization of the economic impact necessitate a concerted commitment to cultivating the competencies of the youth through motivational interventions structured training programs and judicious incentives The judicious allocation of resources towards fortifying this pivotal demographic holds the promise of charting a course towards the realization of a more advanced and developed Pakistan in the ensuing years In the category of the youthful demographic Pakistan stands as the world s fifth-largest country, boasting a working-age population exceeding 80 million individuals However, a prevalent skill gap presents a hurdle in generating employment opportunities for this vast group By adequately enhancing and developing their skills we can not only enhance their employability but also empower them to contribute significantly to creativity, innovation, and job satisfaction Most importantly, such efforts have the potential to mitigate and even eradicate poverty In addressing the multifaceted challenges faced by Pakistan s youth in 2024 there is a pressing need for strategic intervention The convergence of economic struggles, educational deficiencies, and a scarcity of job opportunities calls for a holistic vision The imperative lies in prioritizing Sustainable Development Goal 4 underscoring the significance of inclusive and quality education for a sizable youth population Amidst challenges, the Special Investment Facilitation Council (SIFC) stands as a beacon of hope addressing the developmental
youth
there has been a concerted effort to refurbish existing schools and build new ones The overarching objective is to ensure accessible education for everyone An exemplary instance of inclusive education is the Ilm Tolo Da Para (Education for all) initiative, a collaboration between Peshawar Corps and the Government of Khyber Pakhtunkhwa illustrating the positive outcomes achievable through visionary and determined efforts The Pakistan Army is leading a holistic initiative in integrated districts of Khyber Pakhtunkhwa for youth development covering education skills sports and inclusivity Key programs include the Parachinar Education Complex mobile education services and the Darra Adam Khel Library, emphasizing accessible education Skill-focused initiatives like the Computer Lab in Miran Shah and the Construction Technology Training Institute aim at economic prosperity The Digital Skills Training and DigiSkills programs empower youth for online freelancing while sports tournaments contribute to unity, showcasing the Army's commitment to a stable and prosperous future beyond security concerns As Pakistan stands at a crucial juncture there is a need for reassessment of existing policies and a renewed commitment to investing in the potential of the youth By doing so, the nation can uplift its present generation and secure a prosperous and sustainable trajectory for generations to come The emphasis on economic revival inclusive education and aligning educational curricula with job market demands aligns with a forward-thinking vision for the nation

Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.