ISLAMABAD S TA F F R E P O R T P R I M E Minister Muhammad Shehbaz Sharif on Wednesday assured that the government of Pakistan will make no compromise on the security of the Chinese workers in the country Speaking during a meeting with a delegation of Shanghai Electric Group (SEG) led by Chairman Wu Lei here on Wednesday, he said that the government would ensure all possible facilitation of the Chinese investors to further expand the ongoing projects Premier Shehbaz Sharif urged the Chinese firms to switch the power plants from imported to the local coal and increase their investment in the coal mining sector The prime minister was briefed about the projects being executed by the Shanghai Electric Group during the meeting Citing cordial and time-tested ties with China, Prime Minister Shehbaz said that Pakistan desired to further promote its friendly ties and strengthen economic partnership with the country The Shanghai Electric Group was currently working on Thar Coal mine development and a 1320MW coal power project It was told that Shanghai Electric Group was one of the biggest firms engaged under the China Pakistan Economic Corridor in Pakistan The Thar Coal projects executed by the Group were annually saving around $400 million The meeting was attended by Chairman of Thar Coal Block 1 Power Generation Company Meng Donghai, Economic Affairs Minister Ahad Khan Cheema Energy Minister Sardar Awais Khan Leghari, Petroleum Minister Dr Musaddik Malik, Deputy Chairman of Planning Commission Muhammad Jahanzeb and relevant senior officers A L L-P U T M E A S U R E S F O R D EV E L O P M E N T P R O S P E R I T Y O F B A L O C H I S TA N Meanwhile, Prime Minister Muhammad Shehbaz Sharif reiterated that the government is committed for development and prosperity of Balochistan province and taking all measures for the purpose Stressing maximum utilization of the natural resources for development of the province he said that the federal government was taking all possible steps in this connection These views were expressed by the prime minister during a meeting with Balochistan Chief Minister Sarfraz Bugti who called on him here on Wednesday the PM Office Media Wing said in a press release Different matters pertaining to the province came under discussion during the meeting The meeting was attended by Minister for Foreign Affair Ishaq Dar Minister for Interior Syed Mohsin Naqvi Minister for Commerce Jam Kamal and Jaffar Khan Mandokhel a PML-N leader Premier Shehbaz Sharif expressing his deep grief over the recent rain related losses assured that the federal government was supporting the provincial government in the rehabilitation of the affected people He maintained that the federal government would also provide all-out support to the provincial government in the promotion of education, adding that the network of Danish Schools was being expanded to the province In par tnership with Profit T h u r s d a y, 1 8 A p r i l , 2 0 2 4 I 9 S h a w w a l , 1 4 4 5 R s 2 0 0 0 | Vo l X I V N o 2 8 9 I 8 Pa g e s I I s l a m a b a d E d i t i o n Pakistan, World Bank agree on 10-year framework plan PR OFIT M O N I T O R I N G D E S K Washington DC Finance Minister, Mr Muhammad Aurangzeb, met with Mr Ajay Banga, President World Bank Group Pakistan and the World Bank have concurred on the necessity of establishing a rolling country framework plan for 10 years According to a press statement issued by the Finance Ministry here Federal Minister for Finance and Revenue Muhammad Aurangzeb, met with President World Bank Group, Ajay Banga, and highlighted Pakistan s progress under the 9-month Standby Arrangement (SBA) program and ongoing reforms in priority areas of taxation energy and privatisation The World Bank assured Pakistan of its full support for reforms and digitalisation programmes to stabilise the economy and enhance revenues Meanwhile, the finance minister met with the President of the Asian Development Bank (ADB) Masatsugu Asakawa and discussed further strengthening Pakistan’s partnership with ADB protecting the country’s envelope of concessional financing and future project pipeline The finance minister also met with the Chief Executive Office, the US International Development Finance Corporation (DFC) Scott Nathan During the meeting, they explored ways for the expansion of DFC’s investments in Pakistan following the amicable resolution of outstanding issues The minister informed that the government was encouraging innovative financing models to leverage private sector investment and PPP potential He assured that the government was committed to extending all possible support to ISLAMABAD/KARACHI S TA F F R E P O R T The interior ministry on Wednesday informed the Islamabad High Court (IHC) that the misuse of X, formerly Twitter, necessitated the need to ban the social media platform while the Sindh High Court ordered the ministry in a similar plea to rescind its February 17 letter within a week The development comes since it has been two months the services of X formerly twitter, disrupted in the country Interior Secretary Khurram Agha, on behalf of his ministry, submitted a report on the IHC’s orders on journalist Ehtisham Abbasi’s petition challenging the ban IHC Chief Justice Amir Farooq presided over the hearing while Advocate Amna Ali appeared as the petitioner s counsel Additional Attorney General (AAG) Munawar Iqbal Duggal was present on the state’s behalf During the hearing the AAG informed the court that the interior ministry had filed a report on the matter Justice Farooq then stated that another petition had been filed on the disruption, on which he was issuing notices to the respondents and sought a reply on the new plea Subsequently the hearing was adjourned till May 2 Access to X has been disrupted since February 17 when former Rawalpindi commissioner Liaquat Chattha accused the chief election commissioner and chief justice of Pakistan of being involved in rigging the February 8 general elections Rights bodies and journalists’ organisations have condemned the muzzling of social media while internet service providers have also lamented losses due to disruptions The United States had also called on Pakistan to lift restrictions on social media platforms On March 20 the interior ministry informed the Sindh High Court (SHC) that the social media platform was blocked in February pending further orders on the reports of intelligence agencies The interior ministry s admission came days after Information Minister Attaullah Tarar acknowledged that X was “already banned” when the new government took over the reins from the caretaker set-up saying there was no official notification for the clampdown At the previous hearing, the IHC had rejected a report on digital media outages and summoned the interior secretary along with documentary evidence providing the ground for the disruption of the social media app The court had also summoned the interior secretary on April 17 Elections have concluded Let s finish this now Let the interior secretary come, then we will see If the secretary is unable [to give reasons], then I will summon the prime minister ” IHC Chief Justice (CJ) Aamer Farooq had warned The report submitted by the interior ministry said the failure of Twitter/X to adhere to the lawful directives of the government of Pakistan and address concerns regarding the misuse of its platform necessitated the imposition of a ban Detailing the platform s shutdown, the report said the interior ministry had on February 17 “asked for blocking of X (Twitter) immediately till further orders on the reports of intelligence agencies The decision to impose a ban on Twitter/X in Pakistan was made in the interest of upholding national security, maintaining public order, and preserving the integrity of our nation ” it contended adding that the decision was taken after considering “various confidential reports received from intelligence and security agencies of Pakistan The ban on Twitter serves as a necessary step to disrupt the activities of these elements and prevent them from achieving their destructive objectives ” the report said It noted that X was neither registered in Pakistan nor had it signed any agreement to abide by local laws Misuse of X platfor m necessitated ban, Interior Secy tells IHC C O N T I N U E D O N PA G E 03 ISLAMABAD M I A N A B R A R The Pakistan Army on Wednesday greenlighted probe into the allegations of misuse of authority against former director-general of the Inter-Services Intelligence (DG-ISI) Lt-General Faiz Hameed Gen Faiz Hameed had resigned in November 2022, almost four months before his retirement date An informed official told Pakistan Today that a high-level inquiry committee headed by a Major-General has been constituted to carry out investigations into the allegations against the former DG-ISI The probe committee has been directed in pursuant to the orders of the Supreme Court and in the light of the directives of the Ministry of Defence (MoD), the sources said When contacted a senior military officer confirmed the development requesting not being named It merits mention that Gen Faiz was given a clean chit by probe commission in the Faizabad Dharna case recently However, the army decided to investigate the former general months after an owner of a housing society accused him of illegally raiding his residence and stealing valuables On November 8, 2023, Moeez Ahmed Khan, the owner of Top City filed a petition in the Supreme Court in which he accused Faiz of misusing his authority The petition filed by in the Supreme Court stated that on May 12 2017 on the behest of Gen Faiz ISI officials raided the top city office and his house During the raid, valuables, including gold, diamonds and money, were seized from the house by ISI officials, the petitioner alleged The petition also stated that Sardar Najaf the brother of Faiz also contacted him to resolve the issue later The petition also claimed that Gen Faiz later personally met him to resolve the issue, in which he assured that some of the items which had been taken away by the ISI officials during the raid would be returned However 400 tolas of gold and cash will not be returned to him The petitioner also alleged that the ISI officials extorted Rs4 crore cash from him Considering the sensitivity of the matter and in view of these serious allegations, a three-judge bench of the Supreme Court, which included Chief Justice of Pakistan Justice Qazi Faiz Isa, Justice Attar Minullah and Justice Aminuddin heard the case The Supreme Court observed this was a very serious matter and the serious nature of allegations may damage the image of the entire institution therefore the matter cannot be ignored The Supreme Court asked the attorney general to look into the matter and discuss with the relevant authorities The Attorney General for Pakistan had assured the apex court of full cooperation and said an action will be taken according to law Ar my orders probe into allegations against for mer DG -ISI Faiz Hameed PR OFIT M O N I T O R I N G D E S K The International Monetary Fund (IMF), in its latest World Economic Outlook report released Tuesday projected Pakistan’s economic growth forecast at 2% for the current fiscal year unchanged from its revised January prediction down from an earlier estimate of 2 5% The IMF also projected a growth rate of 3 5% for FY25, adjusted down from 3 6% forecast in October 2023 These estimates come after a quarterly review of Pakistan’s macroeconomic status under the $3 billion Stand-By Arrangement culminating in a StaffLevel Agreement on March 20 The IMF s growth forecast slightly exceeds the World Bank s early April prediction of 1 8%, but falls below the Pakistani government s target of 3 5% The State Bank of Pakistan (SBP) anticipates a growth of between 2% and 3% The IMF also predicted that average inflation in Pakistan will reduce to 24 8% this year from last year ’s 29 2% and slow further to 12 7% in the next fiscal year The current account deficit is expected to rise from 0 7% of GDP last year to 1 1% this year and increase to 1 2% next year Unemployment in Pakistan is forecasted to decline from 8 5% in the previous fiscal year to 8% this year and further to 7 5% next year Globally the IMF has increased its 2024 growth forecast to 3 2% up by 0 1 percentage points from January and 0 3 points from October 2023 Despite this increase, the global economic pace remains historically low due to ongoing high borrowing costs, fiscal support withdrawal, and long-term impacts from the COVID-19 pandemic and geopolitical tensions Global inflation is expected to decrease from 6 8% in 2023 to 5 9% in 2024 and 4 5% in 2025 The report highlights persistent economic disparities and structural challenges that hinder the movement of capital and labor to more productive sectors The IMF notes balanced risks to the global outlook but warns of potential impacts from geopolitical tensions and high-interest rates It emphasizes the importance of central banks achieving a smooth inflation reduction and the need for medium-term fiscal consolidation to maintain economic stability and support necessary reforms IMF maintains Pakistan’s economic growth forecast at 2% for F Y24 g I n f l a t i o n i n Pa k i s t a n w i l l r e d u c e t o 2 4 8 % i n F Y 2 4 , a n d s l o w f u r t h e r t o 1 2 7 % i n F Y 2 5 , r e p o r t NO COMPROMISE ON SECURIT Y OF CHINESE WORKERS, PM ASSURES SEG CHIEF g U R G E S C H I N E S E F I R M S TO S W I TC H P O W E R P L A N T S F R O M I M P O R T E D TO LO C A L C O A L, I N C R E A S E I N V E S T M E N T I N C O A L S E C TO R g M E E T S B A LO C H I S TA N C M, R E I T E R AT E S G O V T C O M M I T T E D TO D E V E LO P M E N T, P R O S P E R I T Y O F P R O V I N C E g S H C O R D E R S I N T E R I O R M I N I S T R Y TO R E S C I N D I T S F E B R U A R Y 1 7 L E T T E R W I T H I N A W E E K g W B a s s u r e s f u l l s u p p o r t f o r r e f o r m s, d i g i t a l i s a t i o n t o s t a b i l i s e e c o n o m y PTI blasts as NAB gives clean chit to Nawaz in Toshakhana vehicle reference ISLAMABAD S TA F F R E P O R T The National Accountability Bureau (NAB) on Wednesday gave a clean chit to former prime minister Nawaz Sharif in the Toshakhana vehicle reference while PTI leader and former adviser on accountability and interior to PM termed the decision ridiculous, saying it was an open-and-shut case The Toshakhana is a government department that stores gifts given to rulers, parliamentarians bureaucrats and officials by heads of other governments states and foreign dignitaries The NAB submitted a report to an Islamabad accountability court following its orders to have Nawaz join the investigation The NAB investigation report stated that Pakistan Muslim League–Nawaz (PML-N) supremo Nawaz Sharif did not pay the amount via a fake account to buy the vehicle from Toshakhana According to the report, the vehicle in question was gifted to then-PM Nawaz by the government of Saudi Arabia in 1997 and was submitted in the Toshakhana It added that later the vehicle was included in the federal transport pool In 2008 then-premier Gilani had offered Nawaz to buy the car at which the latter did so from the federal transport pool and not the Toshakhana, the NAB report said This case may attract any other offence but it has no relevancy with the benefit of Toshakhana as the subject vehicle when purchased was not part of Toshakhana rather than the same was part of the federal transport pool it said It stated that Nawaz had not made the payment for the vehicle from a fake bank account, reiterating that the car was not a part of the Toshakhana valuables when Nawaz bought it Subsequently the NAB urged the accountability court to acquit or discharge the former premier from the reference According to the case filed by NAB, then-prime minister Yousaf Raza Gilani, in order to extend illegal benefits to Nawaz and then-president Asif Ali Zardari allegedly allowed the retention of vehicles gifted to them by different foreign states and dignitaries by relaxing procedures related to the submission of gifts in the Toshakhana The accused “through dishonest and illegal means for their personal benefit and interest retained the vehicles in question against a nominal payment of 15 per cent of the total value , the reference stated In June 2020, an accountability court had issued non-bailable arrest warrants for the PML-N supremo, who had skipped hearings because he had begun his self-imposed exile in London Months later Nawaz had challenged the warrants in the Islamabad High Court but withdrew the petition days later C O N T I N U E D O N PA G E 03
Thursday 18 Apr l 2024 ISLAMABAD 02 NEWS ISLAMABAD a h m a d a h m a da n P R I M E M I N I S T E R Shehbaz Sharif has formed a committee on the implementation of Weighted Average Cost of Gas (WACOG) and tasked the committee to complete its deliberation and present its recommendations with a stringent timeline of seven days As per sources the Minister for Petroleum will head the committee which is mandated to delve into the multifaceted issues associated with WACOG and present actionable recommendations within seven days Other members include the Minister for Power, the Minister for Industries, and secretaries from relevant divisions Captain (R) Muhammad Mahmood and Chief Secretaries from Punjab Sindh Khyber Pakhtunkhwa and Balochistan have been enlisted as members Secretary Petroleum Division will serve as the committee s secretary, ensuring streamlined coordination and communication According to the Terms of Reference (ToRs) the committee will examine the whole spectrum of issues related to WACOG Impact of gas system-wide WACOG on liquidity/efficiency in the gas market place including circular debt Impact of system-wide WACOG on domestic power, industrial (including fertilizers), commercial, and captive power sectors Propose a technology-based foolproof and efficient system for a direct subsidy to farmers by provinces to mitigate the impact of WACOG on the agriculture sector s productivity The Petroleum Division is tasked with notifying the committee and providing secretarial support sources added The sources said that the WACOG affects a broad range of sectors highlighting its significance in the country s energy framework They added that the inclusion of highlevel ministers and secretaries indicates the government’s serious approach to addressing the WACOG-related issues The directive for technology-based solutions for subsidy distribution suggests a push towards modernization and efficiency said sources PM FORMS COMMITTEE TO ADDRESS WEIGHTED AVERAGE COST OF GAS IMPLEMENTATION PR OFIT n e w s d e s k Pakistan s large-scale manufacturing Industries (LSMI) sector edged up by 0 06% in February, marking its third consecutive monthly increase, according to the latest data released by the Pakistan Bureau of Statistics (PBS) The LSM index reached 126 01 points in February slightly up from 125 93 points in February of the previous year However this figure was 4 14% lower than January 2024 s index of 131 45 points Since August 2023, the annual trend in the LSM index has mostly been positive, reversing a previous 13-month decline From July to February the LSM index decreased by 0 51% year-on-year standing at 117 99 points reflecting a downward trend for the 20th consecutive month since July 2022 In the first eight months of the fiscal year, 11 out of 22 LSM sectors reported growth These included sectors such as food, beverages apparel leather wood products coke and petroleum products chemicals pharmaceuticals rubber products machinery and equipment and furniture Specific sectors showed mixed results The textile and clothing sectors saw increases in yarn and cloth production, while the garment sector experienced an 18 74% increase in February year-on-year Conversely wheat and rice production declined as did production in the petroleum sector which fell by 16 85% Iron and steel production also decreased, whereas electrical equipment, fertilizers, rubber items, pharmaceuticals, and machinery and equipment sectors saw increases Automobile industry performance remained weak from July to February impacted by rising input costs and tighter financing conditions Car production and sales fell by over 40%, and truck and bus production and sales also saw significant decreases However, tractor production and sales surged by over 68% Petroleum product sales dropped by 13% to 10 2 million tonnes over the eightmonth period, and total cement dispatches increased by 2 5% to 30 56 million tonnes PR OFIT n e w s d e s k The board of Engro Fertilizers Limited has approved the appointment of Ali Rathore as Chief Executive Officer (CEO) of the company According to a notice sent to the Pakistan Stock Exchange (PSX) on Wednesday Ali Rathore s new role will be effective from April 26 2024 for the remainder of the term which will expire on the date of the next Board elections i e March 21, 2025 The current CEO Ahsan Zafar Syed, will continue to perform his role till April 25, 2024 after which Ali Rathore will take charge as the new CEO of the company read the notice Ali Rathore is currently serving as the Chief Financial Officer of Engro Fertilizers With over 25 years of experience, Ali s career spans across USA, UK, Australia, and the MENA region He is experienced in Financial Planning and Analysis Risk Management and Controls Investor Relations M&A as well as Financial and Reporting complexities Previously, he was the CFO for BHP Billiton s Petroleum division, where he was focused on improving operations by being a commercially agile business partner bringing innovative ideas throughout the product life cycle He holds an MBA from Kellogg at Northwestern University and is a Fellow Chartered Accountant from The Institute of Chartered Accountants in England and Wales and has a BBA (Hons) in Economics from London Metropolitan University Ali Rathore appointed as CEO of Engro Fer tilizers g R AT H O R E ’ S N E W R O L E W I L L B E E F F E C T I V E F R O M A P R I L 26, 2024 g I N D E X R E CO R D S T H I R D CO N S E C U T I V E M O N T H LY R I S E , M I X E D R E S U LT S A C R O S S K E Y S E C TO R S g CO M M I T T E E I S M A N D AT E D TO D E LV E I N TO M U LT I FAC E T E D I S S U E S A S S O C I AT E D W I T H WACO G A N D P R E S E N T I T S R E P O RT W I T H I N S E V E N D AY S Pakistan’s large -sc ale industr y sees modest growth in Februar y Bank Alfalah grants in-principal approval to Bank Asia’s offer for BD operations acquisition PR OFIT n e w s d e s k The Board of Directors of Bank Alfalah Limited (PSX: BAFL) has accorded its inprinciple approval of the non-binding indicative offer received from Bank Asia Limited, Dhaka to acquire Bank Alfalah’s Bangladesh operations, assets, and liabilities Bank Alfalah informed about this development through a notice to the Pakistan Stock Exchange (PSX) on Wednesday The Board of Directors of Bank Alfalah Limited has accorded its inprinciple approval/acceptance of the non-binding indicative offer received from Bank Asia Limited Dhaka Bangladesh (Bank Asia) to acquire the bank s (BAFL) Bangladesh operations/assets and liabilities read the BAFL s notice However, this transaction is subject to compliance with all applicable laws and regulations and obtaining necessary regulatory approvals “We will now seek approval from the State Bank of Pakistan (SBP) for Bank Asia to commence due diligence on Bank Alfalah Bangladesh the notice further said PR OFIT m o n i to R n G d e s k In a significant move towards bolstering Pakistan s energy security and economic development, three major oil refineries – Attock Oil Refinery, National Oil Refinery, and Pakistan Oil Refinery – are poised to ink an agreement with the Oil and Gas Regulatory Authority (OGRA) under the Brownfield Refinery Policy The policy, endorsed by the Federal Cabinet in August 2023, was designed to incentivise existing refineries to modernise, upgrade, and expand their operations the state broadcaster PTV reported The forthcoming agreement scheduled for imminent signing heralds a new era in the country s energy landscape By augmenting the efficiency and capacity of these refineries, Pakistan aims to reduce its reliance on imports and bolster local production of petrol and diesel adhering to stringent Euro-V standards This strategic move not only aligns with environmental goals but also promises significant savings in foreign exchange expenditure OGRA, the regulatory body overseeing the oil and gas sector, is set to convene a crucial meeting with the refineries to deliberate on the progress and implications of the impending agreements The collaboration between OGRA and the refineries underscores a concerted effort to propel Pakistan towards sustainable energy practices while fortifying its economic resilience Moreover the signing of the Brownfield Refinery Policy marks the initiation of a strategic partnership with the Special Investment Facilitation Council (SIFC), aimed at fostering the production of environmentally friendly fuel This alliance underscores Pakistan’s commitment to embracing cleaner energy solutions and reducing its carbon footprint In essence the implementation of the Brownfield Refinery Policy represents a pivotal step towards achieving energy self-sufficiency and fostering economic growth in Pakistan Three refineries poise to ink agreement with OGRA under Brownfield Refinery Policy g T H I S CO L L A B O R AT I O N U N D E R S CO R E S A CO N C E RT E D E F F O RT TO P R O P E L PA K I S TA N TO WA R D S S U S TA I N A B L E E N E R G Y P R AC T I C E S SECP files criminal complaint against two individuals on charges of frontrunning PR OFIT n e w s d e s k Based on an investigation conducted under the Securities Act 2015 the Securities and Exchange Commission of Pakistan (SECP) has filed a criminal complaint at the Special Court (Offenses in Banks), Karachi The SECP said in a press statement that criminal complaint number 15 of 2024 dated April 8 2024 has been filed against two individuals who were found involved in front running vis-à-vis equity trading by a large institutional investor during the period from October 1, 2021 to December 31, 2021 The analysis of order-level data by the SECP investigation team revealed that a day trader with the active connivance of an investment officer of the institutional investor purchased shares before the placement of buy orders by the institutional investor and subsequently sold those shares to the institutional investor, the statement said The practice continued for a few months A substantial portion of the trades executed by the day trader during this period matched with trades executed by institutional investor as a counterparty it added This resulted in losses to the institutional investor and gains to the day trader There is strong evidence that the investment officer of the institutional investor was actively colluding with the day trader the SECP said SECP said that it is committed to ensuring fairness and transparency in the capital market to enhance investors confidence Governor Tessori administers oath to eight more ministers KARACHI s ta f f R e p o R t Sindh Governor Kamran Khan Tessori on Wednesday administered oath to eight more ministers as the provincial cabinet has been expanded Chief Minister Syed Murad Ali Shah also attended the oath-taking ceremony held at the Governor House The newly inducted ministers included Jam Ikramullah Khan Dharejo Muhammad Ali Malkani Makhdoom Mehboob Zaman Dost Muhammad Rahimoon Shahid Abdul Salam Tahim, Riaz Hussain Shah Shirazi, Shahina Sher Ali and Mir Tariq Ali Talpur Education Minister Syed Sardar Ali Shah, CM Advisor Ahsan Mazari, Najmi Alam, Mayor Karachi Murtaza Wahab and provincial secretaries were also present during the ceremony Sindh Chief Minister Syed Murad Ali Shah congratulated the newly sworn-in ministers With the induction of eight ministers, the Sindh cabinet expanded to 20 members as 12 ministers were sworn in on March 12 Dr Azra Fazal Pechuhu Syed Sardar Shah Ziaul Hassan Lanjar Jam Khan Shoro Syed Nasir
Six children killed during recent heav y rains in Swat SWAT s y e d s h a h a b u d d i n At least six children were killed in landslide and other incidents during the recent heavy rains in Swat district According to details, during the recent heavy rains in Swat, a landslide occurred in Pishtunai area of Matta Tehsil As a result one room of a house collapsed leaving two cousins 12-year-old Majeedullah and 15-year-old Asmatullah buried under the debris They were pulled out from the debris in a state of unconsciousness, but later they breathed their last in Matta Hospital In the same way, two sons of Noor Muhammad, seven-year-old Ashfaq and 14-year-old Rafaaq were struck by lightning in Kasoona Forest of Miandam Valley As a result Rafaaq sustained injuries while Ashfaq died Apart from this Akbarzada s two sons 16-yearold Waqas and 14-year-old Junaid, who were in the room, were buried under the debris after a landslide fell on his house in Shaldara area of Manglawar Similarly in the Akhtarabad area of Mingora an eight-year-old child named Hashar son of Afzal Hussain resident of Batkhela who had come to his grandfather s house fell into the overflowing drain and was swept away ISLAMABAD G h u l a m a b b a s The Securities and Exchange Commission of Pakistan (SECP) has issued a directive for listed companies to include a statement on the gender pay gap in their annual reports The directive aligns with the Government s instructions under the Prime Minister s Women Empowerment Package 2024, aimed at promoting gender diversity within the corporate sector To facilitate compliance the SECP has also provided a suggestive template for the gender pay gap statement along with guidance on its calculation methodology This initiative will assist listed companies in accurately assessing and reporting gender pay differentials within their organizations The requirement for reporting the gender gap applies to listed companies for the financial year ending on or after June 30, 2024 The gender wage gap in Pakistan is estimated to be around 34% which is much higher than the global average (23%) The statistic highlights an alarming inequality between workers of the same labour force The new measure announced by SECP is aimed at reducing this number and making compensations for women more equitable SECP direc ts listed companies to disclose gender gap data g I N I T I AT I V E M E A N T TO A S S I S T L I S T E D CO M PA N I E S I N A S S E S S I N G A N D R E P O R T I N G G E N D E R PAY D I F F E R E N T I A L S W I T H I N T H E I R O R G A N I Z AT I O N S
Hussain Shah Saeed Ghani Ali Hassan Zardari Sardar Bux Mahar Zulfikar Shah Sharjeel Inam Memon, Ahsan Mazari, and Babul are already part of the Sindh cabinet
worded reaction to
development PTI senior leader Musaddiq Abbasi said that the accountability bureau and its Chairman were also part of the entire London Plan under which first, Nawaz and his sons were called from abroad to clear them of a whooping Rs1,100 billion corruption cases He said that now the watchdog proposed the court to exonerate Nawaz in Toshakhana case making mockery of the justice system in the country because the NAB was clearly siding with the thieves Brigadier (retd) Musaddiq stated that NAB could not close corruption cases rather it was duty-bond to recover all illegally taken gifts and vehicles from the thieves PTI leader revealed that 15 out of 25 witnesses had already appeared in the Toshakhana
East will be the most beautiful expressway of Punjab The chief minister was informed that an investor conference will be held in May for the construction of Multan-Vehari Expressway under public-private partnership
On the occasion, the chief minister was apprised that the construction and mainte-
Regulated tobacco sector urges stringent implementation of anti-tobacco laws
December 2023 This decline was attributed to high taxes on regulated cigarettes, widening the price gap between legal and illicit products and thus boosting the market share of taxevading entities
Ms Uroos underscored the rise of illicit cigarette manufacturers, particularly in Khyber Pakhtunkhwa (KPK) and Azad Jammu & Kashmir (AJ&K) who are gaining substantial market share while contributing minimally to national revenue
presence of low-priced, non-tax-paid cigarettes in the country “The widespread availability of cheap illicit cigarettes is causing a significant decline in volumes for the regulated sector she stated during a media briefing here on Wednesday Highlighting the financial impact, the PMP team revealed an 86 percent decrease in total income during the fiscal period of January to
The surge in illegal cigarettes across Pakistan followed the increase in federal excise duty (FED) in February ’23, with the illicit market share now comprising 63 percent of the total market
Three main categories of illicit cigarettes were identified including smuggled packets mainly manufactured in the UAE, non-registered local cigarettes, and counterfeit prod-
ucts of registered brands These products evade taxes, selling at prices significantly lower than regulated brands Despite the introduction of tax stamps and the track & trace system to combat illicit tobacco trade implementation remains lacking with counterfeit cigarette packs openly available in markets
Responding to criticisms from anti-tobacco organizations regarding the effectiveness of tax increases on reducing smoking rates
Ms Uroos argued that these groups overlook the issue of illicit cigarettes, which bypass taxes and disregard health warning laws
She cautioned that further tax hikes coupled with inadequate enforcement would not only impact government revenue but also undermine public health objectives by driving consumers towards illicit alternatives
Thursday 18 Apri 2024 | ISLAMABAD NEWS 03 PTI blasts as NAB gives clean chit to Nawaz in Toshakhana vehicle reference CONTINUED FROM PAGE 01 On Sept 10 2020 the ex-premier was declared a proclaimed offender in the case with an accountability court initiating the process to confiscate his properties and directing the accountability watchdog to make his arrest through Interpol Ahead of his return to Pakistan in October last year an accountability court had suspended the perpetual arrest warrants issued in 2020 for the ex-premier in the case The PML-N supremo was granted bail days later In November, the NAB informed a Lahore accountability court that it had recorded Nawaz’s statement in the reference P T I L A M B A S T S N A B F O R E X O N E R AT I N G N AWA Z I N T O S H A K H A N A C A S E : Brigadier (retd) Muhammad Musaddiq Abbasi, former adviser on accountability and interior to Prime Minister came down hard on National Accountability Bureau (NAB) for giving clear chit to Nawaz Sharif in the Toshakhana vehicle reference which was ridiculous because it was an open-and-shut case P T I B L A S T S A S N A B G I V E S C L E A N C H I T T O N AWA Z I N T O S H A K H A N A V E H I C L E R E F E R E N C E : In a strongly-
watchdog
clean chit
the mega corruption
Musaddiq Abbasi lambasted the NAB
responsible for May 9 incident as it unlawfully detained PTI Founding
Toshakhana
under
nor
one adding that Imran Khan-led government
a law raising the amount payable to retain a gift from Toshakhana from 20 percent of the value of the gift to 50 percent under a wellconceived strategy to generate more revenue for the country Brigadier (retd) Muhammad Musaddiq made it clear that all the criminals who had taken unfair advantage of Toshakhana law would have to be held accountable come what may PESHAWAR s ta f f R e p o R t The Khyber Pakhtunkhwa government has released Rs 50 million so far to Provincial Disaster Management Authority (PDMA) for financial assistance to the heirs of the deceased persons of rains in various districts According to the details, Rs 20 million have been released for district Nowshera, and Rs 5 00 million for Lower Dir Rs 3 00 million each for Swat and Malakand Rs 2 00 million each for Upper Dir and Tank whereas Rs 1 00 million have been released each for Lower Chitral, Battagram, Karak, Peshawar and Charsadda In addition to this, Rs 10 million have also been released for general relief in Lower Chitral The said amount was released on the special directives of Chief Minister Khyber Pakhtunkhwa Ali Amin Gandapur The process of providing financial assistance to the families of those who have lost their lives in the various incidents due to recent torrential rains has been geared up Expressing his satisfaction over the steps taken by PDMA and other relevant departments in providing relief to the rain affected families, the chief minister said that the provincial government would not leave the affectees alone; providing immediate relief to them was the priority of the provincial government and all available resources were being utilized for this purpose He directed the concerned authorities to carefully assess the damages in all the affected districts and ensure that all the victims were provided with relief and assistance He directed them to speed up work on the rehabilitation of rain-affected infrastructure so that the issues faced by general public could be resolved as soon as possible and they could return to their normal lives Nothing can replace a human life, however, the provincial government not only equally shares grief of the bereaved families but it is also going all out to provide them relief and assistance he remarked The chief minister also prayed for the eternal peace of deceased ones and the patience for their bereaved families Rs50m released to KP ’s PDMA for rains vic tims LAHORE s ta f f R e p o R t T R A N S PA R E N C Y and quality should be ensured in the construction and rehabilitation of roads and hospitals, besides timely completion of all projects, directed Punjab Chief Minister Maryam Nawaz Sharif She was chairing a review meeting to review progress on the rehabilitation of roads Basic Health Units (BHUs) and Rural Health Centers (RHCs) across Punjab I will go and review all these projects personally Therefore standards and quality must be ensured to let the masses reap the benefits of these projects,” Maryam Nawaz emphasized The Punjab CM directed for completion of Lahore Ring Road SL-3 project as soon as possible, besides taking immediate steps, in collaboration with the federal government, for the early construction of SL-4 During the meeting recommendations for the construction of Depalpur-Layyah dual carriageway besides other roads were also discussed The CM directed to plant trees on road sides, including 100,000 saplings along Gujranwala-Lahore Expressway Earlier, the Punjab CM was briefed that under “Sarkein Bahaal Punjab Khushhal” Programme the construction repair and rehabilitation of 590 arteries and connecting roads across Punjab have been undertaken And so far, four roads have been rehabilitated while work is in progress on five others It was told that the construction work on Muridke-Narowal, Painsara-Shorkot, Jhangra-Ahmedpur East, Chawinda-Sabz Pir and Zafarwal roads is in full swing It was told that Bahawalpur to Jhangra
the
case against Nawaz Sharif and the remaining 10 had to appear but ironically the
affirmed the court s authority to given him a
in
cases
and said that it was
Chairman Imran Khan which was even declared by the Supreme Court as illegal He made it clear that vehicles and antiques could not be purchased from
neither
the new
under the old
passed
nance of health centres in Phoolnagar Manga Mandi Shamke Bhattian and Ferozwala has been completed while work is in full swing on rest of others She directed to complete the upgradation of health centres on war footing Senior Provincial Minister Marriyum Aurangzeb, Senator Pervaiz Rashid, Punjab Minister for Communication and Works Sohaib Ahmed Malik, Chairman Planning and Development Board and Secretary Construction and Works attended the meeting E A R LY C O N S T R U C T I O N R E H AB I L I TAT I O N O F L A H O R E’S S T R E E T S, B A Z A A R S’: Meanwhile, CM Maryam Nawaz Sharif ordered early completion of the Lahore Development Plan (LDP), directing to undertake construction rehabilitation of Lahore s streets bazaars along with provision of streetlights and completion of drainage projects within three months Maryam Nawaz chaired a special meeting to review progress on the LDP wherein she was given a comprehensive briefing on the construction and rehabilitation of Lahore s streets roads sanitation and other projects It was decided to undertake monitoring of the LDP through Geographical Information System The NesPak and Environment specialists would also provide assistance in execution of the LDP It was informed during the meeting that the projects pertaining to environment protection restoration of parks and their beauty are also included in the development plan On the occasion, Maryam Nawaz regretted that construction and rehabilitation of roads had been neglected since long “I want to see all the streets and bazaars of Lahore clean and exquisitely maintained besides the issues of sewerage system should be on war footing, the Punjab CM declared Senior Provincial Minister Marriyum Aurangzeb, Former Senator Parvez Rasheed, Provincial Ministers – Bilal Yasin Syed Ashiq Kirmani MPA Sania Ashiq Principal Secretary to CM Commissioner and Deputy Commissioner Lahore attended the meeting CM MARYAM NAWA Z DIRECTS TO EXPEDITE WORK ON REHAB OF ROADS, BHUS & RHCS ISLAMABAD s ta f f R e p o R t Pakistan Tehreek-e-Insaf (PTI) demanded that the Chief Justice of Pakistan (CJP) should make the Faizabad Dharna Commission report public forthwith and issue orders regarding the execution of the commission s recommendations to bring the culprits to justice Reacting to the Faizabad Dharna Commission report PTI Spokesperson stressed the need that action should be taken against the then Punjab government especially Shehbaz Sharif who was found guilty of dereliction of duty and misconduct given the recommendations of the commission He pressed that the Faizabad Dharna Commission report should be divulged before the nation sans any further delay because the contents of the reports revealed through various media sources were of great importance from many aspects; hence the people had their fundamental and constitutional rights to know about its verified contents PTI Spokesperson asserted that the commission had held the then chief minister Punjab Shehbaz Sharif and his Punjab government responsible for Faizabad Dharna in the light of the testimony of the then prime minister Shahid Khaqan Abbasi and interior minister Ahsan Iqbal and some other key figures of the PML-N government s cabinet He said that if Shahbaz Sharif had a little bit of shame and modesty, then he should resign and answer to the nation for his criminal dereliction of his duties PTI Spokesman urged that the apex court should issue orders to register criminal cases against Shahbaz Sharif and his Punjab cabinet taking into consideration the recommendations of the said commission Moreover he went on to say that the commission also exposed the PML-N s hate campaign against the state institutions and the personalities associated with them PTI Spokesperson made it clear that PML-N leadership was known for catching feet behind the closed doors to get things done and bragging outside He said it was also the hallmark of the power usurpers to keep the reports of the commissions formed on important national and government affairs under the carpet to hide their crimes and protect the responsible persons PTI Spokesperson made it clear that the disgraceful practice of destroying the entire state fabric to handing over power to an incompetent, insignificant and inept person by stealing public mandate could not be allowed to continue anymore He highlighted that the commission in its recommendations, also pointed out the role of spy agencies and institutions in politics, hence the truth must be brought to the fore before the nation in this regard PTI Spokesperson urged the CJP to make the report public without any further delay and issue orders to implement the commission s recommendations and to take actions against those responsible PTI urges CJP to public Faizabad Dharna repor t ‘for thwith’ Nanbais refuse to follow new bread price as Punjab vows enforcement LAHORE s ta f f R e p o R t The Muttahida Nanbai Association (Nanbai Association) has locked horns with the Punjab government over its recent reduction in bread prices and refused to comply with the new pricing structure The Nanbai Association declared its stance, demanding a significant slash in flour and wheat prices before considering any reduction in bread costs They specifically called for bringing a flour bag price to Rs1 600 and wheat to Rs7 500 Meanwhile reports indicate that several Lahore tandoors have already reverted to the previous, higher bread and naan prices The standoff between the Nanbai Association and the Punjab government remains unresolved While the government vows enforcement, the association holds firm on its demands creating uncertainty for consumers in Lahore and potentially other parts of Punjab Countering their claims Punjab s Food Minister Bilal Yasin emphasized that the new bread prices were established after thorough research, taking into account a recent Rs500 reduction in the price of a 20kg flour bag Yasin stressed that consumers should benefit from this decrease and the new pricing structure factored in all bread-making costs including oven expenses The Food Minister further asserted that the government was enforcing the new prices and taking legal action against violators This commitment was echoed by Punjab Chief Minister Maryam Nawaz and Nawaz Sharif during visits to Lahore tandoors During these surprise inspections Nawaz Sharif directed for prominent display of the new price notification and stated that bread prices shouldn t exceed Rs20 Chief Minister Maryam Nawaz officially announced the price reduction, setting bread at Rs16 and naan at Rs20, following the decline in flour prices across Punjab CONTINUED FROM PAGE 01 It said that the platform s failure to establish a legal presence or engage in meaningful cooperation with Pakistani authorities underscores the need for regulatory measures to ensure accountability and adherence to national laws The ban on Twitter/X serves as a necessary step to address this regulatory vacuum and compel the platform to respect the sovereignty and legal jurisdiction of Pakistan ” the interior ministry added The interior ministry noted that other countries of the world had also imposed bans on social media platforms from time to time and when deemed necessary for the safety and security of their country” It went on to recall a ban on TikTok in Pakistan due to similar concerns which it said was lifted upon the company signing an MoU agreeing to abide by local laws and address content moderation issues It vehemently denied the arguments made in the petition against the ban arguing that the laws and older judgments cited therein were not applicable in this case The ministry urged the IHC to dispose of the petition The petition was filed by Ehtisham Abbasi, a resident of Islamabad, and named the information ministry and the PTA as the respondents in the case It urged the high court to issue directives to the respondents to “immediately lift the ban on X (Twitter) access in the interest of justice S H C S E E K S R E S P O N S E F R O M I N T E R I O R M I N I S T RY B Y M AY 9 O N X B A N: On the other hand, in a similar hearing the Sindh High Court summoned a response from the interior ministry on the ban on X by May 9 and ordered it to rescind its February 17 letter within a week A two-judge bench headed by Sindh Chief Justice (CJ) Aqeel Ahmed Abbasi and comprising Justice Abdul Mubeen Lakho resumed the hearing on a set of petitions filed against the suspension of mobile and internet services during general elections as well as the outage of social media platforms across the country Advocate Abdul Moiz Jaferii and activist Jibran Nasir, lawyers for the petitioners told the judges that the interior ministry had admitted to writing a letter to the Pakistan Telecommunication Authority to shut down X without any reasons given or the relevant law and conditions under which the instruction was given CJ Abbasi questioned for what reason was X shut down to which Additional Attorney General (AAG) Zia Makhdoom said the social media platform was working a day ago The chief justice subsequently asked him whether it was currently working or not to which the AAG said he would take instructions on the matter Advocate Jaferii continued that the ongoing restriction of X despite the SHC s Feb 22 order to restore services amounted to contempt of court It has finally been admitted that X has been closed It was closed the day after the Rawalpindi commissioner said there was rigging in the elections Because the media has been controlled but there are discussions on X The lawyers for the petitioners said a large fine could be levied on a social media platform carrying wrong information and that service providers are issued a notice prior to shutting down social media to provide a response failing which the relevant platform can be closed Nasir said that 40 to 50 million people in the country used X, adding that internet speeds were considerably affected by using virtual private networks The AAG requested time to take instructions to which the chief justice asked him if only X was shut down You have to run the country you know the facts on the ground, you also know the national interest There are some things that are getting out of hand and no one is benefiting from it ” CJ Abbasi said adding that the institutions and the courts were there for the benefit of the people Compliance with the Constitution and the national interest are important, the judge said The AAG was subsequently asked to give the reasons for the interior ministry s letter to shut down X The world laughs at us due to internet shutdown CJ Abbasi said Meanwhile, Jaferii said that prior to the emergence of the Feb 17 interior ministry letter, the PTA even refused to admit that it had shut down X and state lawyers used to misguide the courts that X is working by using VPNs The bench subsequently ordered the interior ministry to rescind its Feb 17 letter for the shutdown of X, saying that it would give its verdict if the letter was not withdrawn within a week It also ordered the ministry to give the reasons for the shutdown of X till May 9 The chief justice said there was no provision in the law that said the interior ministry should take action based on the reports of sensitive institutions “Some people are thinking that what they are doing is right They are so powerful that they are running the country and what is being gained by shutting down small things The whole world must laugh at us The lawyers for the petitioners said that mobile services were suspended on the day of the general elections to prevent any terrorist attack or blast Nasir added that such incidents were not caused by using X or social media Prima facie no justification was presented for banning X, the chief justice said Misuse of X platform necessitated ban, Interior S ec y tells IHC Gov t patronage imperative for ‘Pink Salt’ export SAR GODHA s ta f f R e p o R t Government patronage is necessary for the export of pink salt as billions rupees in foreign exchange could be earned from the salt industry through mutual relations between traders and institutions These views were expressed by Director General TDAP Athar Hussain Khokhar during a seminar organized by TDAP and Sargodha Chamber of Commerce and Industry to increase the exports of pink salt here on Wednesday He appealed government departments to start a one-window operation to solve the problems of traders so that timely actions could be taken The implementation of sending Pakistan s pink salt to America has been started, he added President SCCI Sajid Hussain Tarar, President Small Chamber Dr Imtiaz Dogar, focal person TDAP Malik Hafeez Kamran Malik, Assistant Director E-Commerce Adil Mukhtar, Assistant Manager Naeem Manzoor and salt exporter Asif Naseer Gondal spoke on the occasion ISLAMABAD G h u l a m a b b a s The regulated tobacco sector is urging the enforcement of anti-tobacco laws in Pakistan, citing concerns over revenue loss and the proliferation of illicit cigarettes, which are eroding the legitimate industry Andleeb Uroos Ahmed Head of Communications at Philip Morris Pakistan (PMP) emphasized the need to address the growing
A U D I Foreign Minister Faisal ibn Farhan was in Pakistan with a large delegation, and by meeting the President Prime Minister Foreign Minister and Chief of Army Staff, seemed to touch all bases He made no announcement, even of follow-up, to compare with those made when Pakistani Prime Minister Shehbaz Sharif visited Saudi Arabia a week ago which meant that his visit was essentially a follow-up It was also preparatory, for it was also meant to pave the way for a visit by Saudi Crown Prince and Prime Minister Muhammad Bin Salman who had agreed to visit Pakistan during Mr Sharif ’s visit However, there was an indication of the shift in the relationship s dynamics The shift was not sudden, for Prince Farhan s meeting with COAS Gen Asim Munir reflected the traditional security relationship as Pakistani forces are deployed in Saudi Arabia, thereby freeing up Saudi forces for other tasks However apart from the traditional aid of making deposits with the State Bank of Pakistan (the deposit amount having been increased to $5 billion during Mr Sharif s visit), there is a greater emphasis on investment Saudi Arabia intends to invest $5 billion in Pakistan centring around increased trade and commerce while apart from $21 billion to be put up in an oil refinery in Gwadar, and $7 billion in copper mines, not to mention an investment of $1 billion in the Reko Diq gold mining project Pakistani economic ties have been based on the large labour force of Pakistanis, who are both an important source of the energy of the Saudi economy and of foreign exchange remittances to Pakistan Apart from security and the economy Pakistan is tied to Saudi Arabia by religion, as it is home to two of the holiest sites in Islam, the religion of the overwhelming majority of Pakistanis Concern about the third site Masjid Al-Aqsa came through when Mr Ibn Farhan and his counterpart both condemned the Gaza situation Both
W h a t t h e y d o n o t t e l l y o u
U s u a l l y k n o w i n g l y s o
there If you allow them to convince you that you can slim down by eating/drinking certain things, you are in for endless frustration because that is simply never going to happen Unfortunately, there is nothing in this world that makes an individual shed excess kilograms by the simple (and pleasant) act of getting outside it It is safe to say that had anybody discovered such a magic substance there would not be so many overweight people everywhere Except water and fibre, everything one eats or drinks comes with calories of its own (whether more or less), and needs to be included in the balance sheet If you refuse to account for it your body certainly will; and the results will be there for all to see There is no free lunch may be a figurative expression but it is literally true as well
Things other than exercise and diet can be significant too, but only indirectly so Support and encouragement from friends and loved ones are crucial because they keep one focused in the face of temptations of junk food and laziness Appreciation also motivates one to keep it up when one is doing well on the diet and work-out fronts Having genuine interests and avocations in life go a very long way towards helping maintain this sort of discipline Continuity of purpose in life helps like nothing else can as all these things undeniably are; from the perspective of weight
management they are important not in themselves but, because of how they affect one s lifestyle (quality and quantity of one s diet and workout regimen)
Similarly, sufficient sleep is a great help too But not because there is something intrinsically weightreducing in it but because of the decreased appetite levels it causes (leading to less consumption as a result) No to mention all the trips to the refrigerator you do not make on account of being asleep The same goes for dark chocolate, boiled vegetables and the like They help you slim down not because there is some mysterious or magic ingredient in them, but by virtue of (and strictly to the extent of) making you feel satiated enough to keep the more calorie-rich items at bay Massage is an especially tricky one There is no denying the various scientific studies that have demonstrated its efficacy as a weight reducing activity The source of the misconception surrounding it is probably the fact that most people fail to appreciate the rather subtle point that according to all studies it is the masseur who ends up shedding weight; never the individual enjoying the massage
The author is a connoisseur of music literature and food (but not drinks) He can be reached at www facebook com/hasanaftabsaeed
immensely
management This obvious and simple fact (despite
simplicity or probably because of it) cannot be stressed enough That is, in the final analysis, you lose weight as a result of two things and two things alone: exercising and eating/drinking less (not more) Do not let anybody tell you otherwise, no matter how fit or pretty It is usual for models and actresses to give health and fitness tips on TV and the internet that revolve around eating this or drinking that Whether they do it as part of a planned marketing campaign or because they do not want to give away the real secret – the way they have done it (i e exercise and careful diet), is neither here nor
T h i n g s o t h e r t h a n ex e rc i s e a n d d i e t c a n b e s i g n i f i c a n t t o o , bu t o n ly i n d i r e c t ly s o S u p p o r t a n d e n c o u r a g e m e n t f ro m f r i e n d s a n d l ov e d o n e s a r e c r u c i a l b e c a u s e t h ey k e e p o n e fo c u s s e d i n t h e f a c e o f t e m p t a t i o n s o f j u n k fo o d a n d l a z i n e s s A p p r e c i a t i o n a l s o m o t i va t e s o n e t o k e e p i t u p w h e n o n e i s d o i n g w e l l o n t h e d i e t a n d wo r k - o u t f ro n t s H av i n g g e n u i n e i n t e r e s t s a n d avo c a t i o n s i n l i f e g o a v e r y l o n g w ay t ow a rd s h e l p i n g m a i n t a i n t h i s s o r t o f d i s c i p l i n e
Lahore
Utilizing waste for energy can generate electricity, provide fuel for heating, create jobs, reduce global warming, and contribute to effective waste management Most of the rural areas are deprived of gas and electricity It will also fulfil rural areasÊ energy needs, decreasing the energy dependence on fossil fuels since they can produce their own fuel and electricity
04 Thursday 18 Apri 2024
– 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 S a u d i F M ’ s v i s i t S
countries have watched helplessly as Israel has continued slaughtering Gazans in retaliation for the October 7 attacks and because of their populations devotion to the Palestinian cause, both face varying degrees of popular unrest at the situation Whereas Saudi Arabia is both the centre of Islam and oil-rich Pakistan has a large population and is also the only Muslim nuclear power It cannot be said that the Pak-Saudi relationship has been friction-free, but the bonds tying them together are very strong and the present exchange of visits has ensured that they remain on even keel Faisal ibn Farhan made no announcements, but touched all the bases M A Niazi Editor Pakistan Today Babar Nizami Editor Profit Dedicated to the legac y of late Hameed Nizami Arif Nizami (Late) Founding Editor Awaiting laptop T H E significant and undue delay in the distribution of laptops under the Prime Minister ’s Laptop Scheme for the year 2023 has raised concerns across the community of students The word of the mouth strongly suggests that many universities in the country have already received the laptops under the programme However students at the University of Sargodha have been waiting to get this valuable resource handed to them This delay has had a detrimental impact on their academic pursuits, particularly in terms of conducting research and accessing online learning material As a student in my final semester, I understand the importance of having a laptop for enhancing our educational experience and facilitating our studies In fact the laptops provided through the said programme play a crucial role in bridging the widening digital divide and empowering students to excel in their academic endeavours The Higher Education Commission (HEC) should take immediate notice of the delay, especially at the University of Sargodha where students have been waiting to get laptops Action is needed to expedite the process and ensure fairness MUSTAFA KHAN SARGODHA Brain drain T H E current situation in Pakistan and the prevailing circumstances nowadays are difficult to witness People these days do not feel any attachment or reluctance when it comes to leaving their cities their country, or their ancestral villages where their ancestors lived It is not like they are facing any difficulties in leaving those places, nor is there any compelling reason forcing them to stay The current conditions are such that they are being compelled to leave their country The current situation in Pakistan is characterised by various challenges such as poverty education inflation and the struggle to maintain a peaceful society These issues are compelling many individuals to consider leaving the country Consequently, a significant number of young people are opting to pursue their studies abroad, seeking better educational opportunities and prospects Additionally, those who possess financial resources are choosing to invest their money overseas, further exacerbating the strain on the country’s economy This trend of emigration and capital flight is contributing to the economic downturn and exacerbating the existing problems faced by Pakistan Pakistan can control the brain drain system by implementing economic reforms to create job opportunities and improve salaries, investing in education and infrastructure, ensuring political stability and good governance, implementing supportive policies, fostering publicprivate partnerships, and developing talent retention programs ADV MUHAMMAD AAMIR SINDH Pollution in Karachi K A R A C H I has turned out to be the world s fourth largest polluted city as its air quality index has surged to an unhealthy level of 193 showing utter negligence of the federal and Sindh governments towards environmental reforms The investigation finds that air pollution in Karachi contains solid and liquid particles, and certain gases in the air The major polluters are transport and industrial emissions followed by burning of garbage, emissions from refrigerators generators flying of dust and stoves used in houses and hotels According to international standard a country should have at least 25 per cent of its total land under forest cover to tackle environmental degradation including air pollution The new annual economic survey of Pakistan released in June 2021 revealed that Pakistan is a forest deficient country as it has 5 01 per cent area under its forest cover ZAINAB MEHFOOZ KARACHI 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 P A K I S TA N is facing energy scarcity and renewable energy is the only source that can reduce this issue The energy demand is increasing because of overpopulation technological advancement and an increase in economic activities According to the World Bank, the country s energy consumption is predicted to rise by about 70 percent by 2030 but production is only forecast to expand by 45 percent This mismatch may result in additional power outages and shortages in supplies which would be averse to social welfare and economic development The country uses costly energy by importing fossil fuels but still faces energy shortages Currently, the country is facing a shortfall of 8500MW In urban cities load-shedding is about 10 hours each day; in rural areas it s about 10-12 hours This is not only affecting the production of industries but also almost all sectors of the country that are completely dependent on energy, e g , education, health, transportation, finance, commercial and services, agriculture and tourism sectors To sustain the development of the country there is a need to address the energy crisis in Pakistan by using renewable energy sources which are less costly compared to nonrenewable energy sources These sources are biomass, hydro, wind, solar and nuclear Currently, biogas is providing 10 percent of renewable energy to the world countries which is the second largest after hydropower of 16 percent The focus of this piece is on the use of biogas to overcome these energy shortages in Pakistan As the population increases the demand for energy and resources also increases The annual population growth rate of Pakistan is 1 96 percent which is likely to increase to two percent According to the statistics if the population growth of any country is percent it will double every 35 years This is an alarming situation since the country is facing difficulty in fulfilling the needs of the current population Another reason for the energy demand is technological advancement Everything is digitalized in this modern age Every device and gadget requires power This is dependent on electricity Increases in economic activities urbanization old equipment and transmission lines, lack of diversification of energy mix, lack of investment in sustainable energy sources, and decrease in natural resources such as water (a source of hydropower) add insult to injury worsening the energy crisis The implication of the energy crisis affects the manufacturing process in industries which directly increases the costs of production and impacts the GDP, and the job sector It impacts the health sector as for the operational equipment electricity is needed The education sector can be affected because after COVID-19 many schools and universities conducted online classes Also modern labs and libraries are nonfunctional without proper electricity The agriculture sector also gets affected because electricity is needed for proper irrigation through machinery Energy is a major factor in attracting Foreign Direct Investments in Pakistan Because of energy shortages foreign investors hesitate to invest in countries that face energy shortfalls Technological advancement can slow
bioenergy
cheapest
in
is produced when anaerobic organisms convert the wastes of humans, plants, and cattle into methane gas in the absence of oxygen, which can be used for electricity generation, cooking, and heating, and if compressed can also be used in vehicles instead of Compressed Natural Gas (CNG) The cattle in Pakistan produce 92 53 million tons of dung per year which is a burden on the environment By using it Pakistan can produce almost 4 63 billion m3 of gas from which 70 percent can be stored The country has the potential to generate almost 20 percent of its energy from biogas which is not only clean but also reliable But it is only producing 0 9 percent energy from biogas The lack of infrastructure and technical assistance and the costs of biogas plants in low-income countries are higher which became a limitation to a country like Pakistan to install huge biogas plants for electricity generation By utilizing cattle and human-created solid wastes we cannot only fulfil our energy needs but also keep the environment clean It will also fulfil UN Sustainable Development Goal number 7 which focuses on clean and cheap energy sources Moreover it can ensure the energy security of Pakistan unlike other dependent renewable energy sources such as wind hydro and solar, except nuclear, which is not dependent but reliable These sources are reliant on weather conditions which often change But biogas is dependent on waste which is always available Initially the cost will be higher but it will decrease the energy shortfall of the country and bring sustainability and reliability to the energy sector of Pakistan Many countries such as the USA, China, and European Countries are producing almost 90 percent of global biogas The organic waste of the USA is almost 70 million tons annually and it uses this waste as a natural gas source that is biogas Almost 2200 biogas plants are operational in the USA and it can install 13000 more plants Which will create 335,000 construction-based temporary jobs and nearly 23000 permanent jobs Among these operational plants, 40 percent of their biogas is used to generate electricity On the other hand China’s biogas energy capacity has reached almost 5 6 terawatt per hour European countries produce much of their electricity from solid biomass and municipal wastes Utilizing waste for energy can generate electricity, provide fuel for heating, create jobs, reduce global warming, and contribute to effective waste management Most of the rural areas are deprived of gas and electricity It will also fulfil rural areas energy needs decreasing the energy dependence on fossil fuels since they can produce their own fuel and electricity The remaining waste from the biogas procedure can be used for fertilizers as they are full of nutrients which are beneficial for plants Biogas has diverse benefits providing an adjustable and sustainable power option specifically for countries like Pakistan which produces more waste than the USA The writer is Assistant Research Fellow Balochistan Think Tank Network, Quetta
e
B i o g a s i s t h e way to g o SAkiNA AHmED
H AT do items such as chia seeds, flaxseeds, apple cider vinegar, massage sauna dark chocolate and various varieties of green tea have in common? They are all believed by many to be miracle weight-reducing agents What they also have in common is the fact that, whatever other benefits they may have– and they have many–none of them remotely answers to the description of miracle weight reducer The perception lives on regardless; and advertisers and salesmen– who are hardly the most conscientious of beings you could ever meet– are not complaining in the least In a perfect world one would expect this breed to be a little more upright than usual when it comes to matters of medicine and health; but it is not a perfect world, as you probably have guessed already While one cannot rule out the efficacy in this regard of chia seeds and the like in some parallel universe; in the universe that we happen to inhabit weight management is about calorie balance and calorie balance alone An intake-expenditure surplus makes you gain weight; a deficit makes you lose weight; while an equilibrium means constant weight Weight loss is then as much about not doing (not consuming certain things at all and not eating anything in excess) as it is about doing (working out) In fact much more so; for such is the calorie-intensity of some of the foods (and drinks) on offer that three hours of workout can easily be offset by indulgence of ten minutes or less While one s diet and exercise regimen help,
COMMENT
down because of such shortfalls Energy shortfall leads to social unrest because people often go on strikes owing to load-shedding Analyzing the above factors there is a severe need for renewable energy sources such as biogas energy For sustainable energy
is the
source
Pakistan Biogas
R
f o r m i n g n o n - r e n e w a b l e e n e r g y i n P a k i s t a n
W
complement and reinforce one another
the two are all there is to it when it comes to weight
its
HASAN AFTAB SAEED
return to Myanmar has drawn censure from Bangladesh and international human rights organizations sparking concerns regarding humanitarian principles and refugee rights
Ia similar incident where a US Justice Department indictment suggested involvement of an Indian government official in orchestrating the assassination of US citizen Gurpatwant Singh Pannun The US Department of Justice leveled charges against an Indian individual accusing him of collaborating with the Indian government to execute the planned assassination of a Sikh separatist leader in New York The formal accusations, linking Prime Minister Narendra Modi s government to the attempted murder of US citizen Gurpatwant Singh Pannun followed leaks to newspapers referencing the case The US Justice Department announced murder-for-hire and conspiracy charges
against Indian national Nikhil Gupta 52 who is believed to reside in India Federal prosecutors identified Gupta as an associate of an Indian government agency employee referred to as “CC-1” described as a senior field officer with experience in security management and intelligence previously associated with the Central Reserve Police Force
The indictment claimed that CC-1 directed the assassination plot from India, recruiting Gupta around May 2023 to coordinate it Gupta allegedly contacted an individual he believed to be a criminal associate who unbeknownst to Gupta was actually a confidential informant working for US law enforcement
This informant then connected Gupta with an undercover law enforcement officer posing as a “hitman” for the Drug Enforcement Administration (DEA) Gupta agreed to pay the hitman $100 000 for the task providing him with an advance of $15 000 in cash in Manhattan around June 9 Gupta was subsequently apprehended and detained by Czech authorities on June 30, facing a maximum sentence of 20 years if convicted, with the federal district court responsible for determining the sentence India s neighboring countries have grown weary of its actions with a burgeoning India Out movement gaining traction across these nations In a neighboring country last year, Muhammad Muizhu, who campaigned for the presidential election under the slogan ‘India Out’ secured victory over the so-called pro-India President Muhammad Saleh Following this triumph Muhammed Muizzu gravitated towards China, pressuring India to withdraw its forces from Maldives in the name of security, a process now underway Resentment towards India is widespread among its neighbours Pakistan contends with terrorism originating from India pro-China sentiments in Nepal are fueled by disdain for Indian influence, Sri Lanka experiences tensions with India due to Tamil and Basism issues, Maldives expelled Indian presence, Bhutan gravitates towards China, and a burgeoning ‘India Out’ movement has emerged in Bangladesh This campaign initiated by influencers social activists influential figures and supported by the public and sections of opposition politicians, gained momentum following the Awami League s recent victory in
an election boycotted by the opposition party
BNP A video shared by a social media user recently depicted discussions on boycotting Indian products under the ‘India Out’ campaign by the People’s Activists Coalition a coalition spearheading the movement
In the intricate landscape of South Asian geopolitics the relationship between India and Pakistan has long been characterized by tensions, rivalries, and occasional conflicts
Amidst this backdrop, discussions regarding potential Indian involvement in Pakistan’s internal affairs have surfaced intermittently igniting debates and raising profound inquiries about the intricacies of regional power dynamics security considerations and the pursuit of national interests
Accusations of Indian interference in Pakistan’s internal matters have remained a recurring motif in the bilateral relationship between the two nuclear-armed neighbors Indian intelligence agencies are purportedly linked to supporting separatist movements inciting unrest in sensitive regions such as Balochistan and Gilgit-Baltistan, and allegedly backing terrorist activities within Pakistani territory
The scenario of Indian intervention in Pakistan’s internal affairs carries significant security ramifications for the region and beyond Existing tensions between India and Pakistan, already strained by territorial disputes, cross-border terrorism, and ideological disparities, could potentially escalate further if suspicions of Indian meddling gain traction within Pakistani political and military circles
Heightened security protocols military mobilizations and diplomatic maneuvers could exacerbate instability in the region raising concerns regarding the likelihood of armed conflict and its catastrophic repercussions for millions of people residing on both sides of the border The theoretical disclosure of Indian involvement in Pakistan’s internal affairs would likely precipitate a diplomatic crisis between the two nations with repercussions extending beyond bilateral relations to impact regional and global dynamics
Recent reports in The Guardian allege that the Indian intelligence agency has been responsible for the deaths of 20 individuals in Pakistan since 2020 According to the publication sleeper cells associated with Indian intelligence have been active in operations within Pakistan The report further asserts that these operations, purportedly orchestrated by
the Indian government, have been directed by the Research and Analysis Wing (RAW), under the auspices of the Indian Prime Minister ’s Office Allegedly, Indian intelligence operations have also targeted Sikh separatists affiliated with the Khalistan Movement in Western countries An Indian intelligence official cited by the newspaper purportedly indicated that Indian intelligence operations abroad were inspired by the practices of Israeli and Russian intelligence agencies India manoeuvres through a complex matrix of international relations on the global stage encountering challenges in fostering positive relationships with various countries The relationship between India and China is characterized by a multifaceted blend of economic collaboration, geopolitical rivalry, and territorial disputes
Escalating border tensions particularly along the Line of Actual Control (LAC) in the Himalayas have resulted in fatal clashes and military standoffs in recent years exacerbating mistrust and competition for regional influence between the two Asian powers, thereby posing significant challenges to regional stability and security While India and the USA share strategic interests and cooperate across multiple domains including defence and counterterrorism their relationship has been marred by trade disputes and policy divergences Frictions over tariffs, market access, and intellectual property rights have strained economic ties, leading to trade tensions and retaliatory measures Additionally disparities regarding issues such as climate change human rights and geopolitical alignments have occasionally strained diplomatic relations, underscoring the intricacies of managing a multifaceted partnership India’s relationship with Nepal, its landlocked northern neighbour has encountered hurdles in recent times primarily stemming from border disputes and perceived instances of interference in Nepal s internal affairs
The recent inauguration of a road by India in the disputed region of Lipulekh Pass has once again ignited tensions between the two nations Diplomatic disputes, trade interruptions and nationalist fervour have strained bilateral relations complicating efforts towards reconciliation and collaboration India s rapport with Bangladesh a significant regional ally, has encountered obstacles, particularly concerning the Rohingya refugee crisis and disagreements over water distribution India’s stance on the Rohingya predicament which includes advocating for their
BMoreover, disagreements over water-sharing arrangements, notably concerning the Teesta River, have exacerbated tensions between the two nations, underscoring the challenges of managing transboundary water resources
In the intricate fabric of international relations the principle of non-interference in the internal affairs of sovereign states stands as a pillar of stability, peace, and mutual respect among nations Nonetheless, instances of foreign intervention in the domestic affairs of other nations persist presenting significant challenges to global security sovereignty and the rule of law
At the core of the imperative to prevent foreign intervention lies the principle of safeguarding the sovereignty and independence of nations Every nation possesses the inherent right to determine its political system, governance structures and socio-economic policies without external coercion or intrusion By honoiring states sovereignty the international community upholds the principle of equal rights and mutual respect among nations, fostering an environment conducive to peaceful coexistence and collaboration Foreign intervention in the internal affairs of other nations often undermines peace and stability exacerbating tensions conflicts and instability Efforts to manipulate or influence domestic political processes, incite violence, or support insurgent groups can deepen existing grievances and divisions within societies By respecting states’ sovereignty and territorial integrity the international community can prevent conflicts from escalating and promote peaceful dispute resolution through dialogue negotiation and diplomacy The prohibition against foreign intervention in the affairs of other nations is enshrined in international law and norms, including the United Nations Charter and customary international law States are obliged to refrain from interfering in the internal affairs of other sovereign nations as outlined in the principle of non-intervention Upholding these legal principles and norms reinforces the rule of law and strengthens the foundations of the international order, fostering trust, predictability and
l s h o t d ow n t h e m a j o r i t y o f I ra n i a n d ro n e s a n d m i s s i l e s
last November, 550 economists called for ambitious debt cancellation to allow global south governments to respond to their immediate and long-term development needs including the climate crisis At a time when global solidarity is pivotal to averting environmental disaster, that would be both a radical and a realistic approach The
from subSaharan Africa to the Caribbean will continue to go backwards, haemorrhaging the cash they need to fund social services and combat the climate emergency A recent United Nations Development Programme (UNDP) study found that lowincome countries are spending far more on debt repayments to creditors than on social assistance or healthcare Meanwhile the fragility of the global economic recovery and higher interest rates in advanced economies have led foreign lenders to back away from extending new loans Faced with a crisis that directly impacts on key international priorities, a business-as-usual approach is both unethical and unsustainable Belatedly rich
sues do not have a high resonance in comparison to livelihood concerns But the survey also shows that the BJP and its allies have a comfortable 12 percentage point lead over the INDIA bloc, with leadership and socio-cultural issues determining higher preference for the ruling party The dichotomy in voter perceptions on key issues versus
Thursday 18 Apr l 2024 COMMENT 05
L I G H T E D by the effects of global heating beset by food insecurity and rising poverty, and hobbled by dollardenominated debt that leaves no fiscal room for manoeuvre, some of the world’s poorest nations are enduring a perfect storm In the wake of Covid and then the war in Ukraine inflation and high interest rates have tipped many over the edge: between 2020 and 2023 there were 18 sovereign defaults in 10 developing countries – more than in the previous two decades Others are either in debt distress or close to it As the World Bank and the International Monetary Fund hold their annual spring meetings in Washington this week this dismal state of affairs should be at the top of delegates agendas Prior to the pandemic the 2020s had been earmarked as a transformative decade – one in which developing nations would make vital progress towards climate targets and eliminating extreme poverty and hunger Instead, due to events beyond those countries’ control there has been what a World Bank report this week described as a great reversal In countries classified as eligible for grants and loans from the bank s International Development Association (IDA), a quarter of the population is now surviving on less than $2 15 a day – the global definition of poverty To get back on track an estimated $2 4tn worth of annual investment is required But without meaningful debt relief countries
countries and international organisations need to step up Ahead of this week s meeting in Washington the World Bank s president, Ajay Banga, has called for the largest-ever round of funding for the IDA, which needs to be empowered to replace the fiscal firepower that private lenders
The pace of the restructuring
existing debt also needs to be far quicker and its terms more generous The UNDP for example has called for a debt-poverty pause which would allow governments to divert suspended debt repayments towards neglected social programmes and critical infrastructure Such a step would be welcome but extensive debt relief is also required A world where a country such as Zambia finds itself locked in endless negotiations over a $13bn debt restructuring, as a catastrophic drought devastates its economy, is unfit for the challenges of the times In an open letter before Cop28
future of entire economies, and the planet, should not be placed in jeopardy at the insistence of intransigent bondholders Debt and developing countries:
relief
have withdrawn
of
time to offer some
N D I A S track record and recent incidents reflect a failure to maintain positive foreign relations India has been implicated in unlawful interference in the affairs of other nations and has been accused of supporting terrorist activities abroad The international community observed allegations against India regarding the assassination of a Canadian Sikh leader Prime Minister Justin Trudeau mentioned Canada s examination of “credible allegations potentially linking” the Indian state to the murder of Hardeep Singh Nijjar Nijjar aged 45 was fatally shot outside a Sikh temple on June 18 in Canada Canada also expelled Indian diplomat Pavan Kumar Rai in connection with the case The incident occurred in Surrey, a city approximately 30km (18 miles) east of Vancouver, where Nijjar was shot dead in his vehicle by two masked assailants in the busy car park of the Guru Nanak Sikh Gurdwara Trudeau addressed the Canadian Parliament revealing that he had raised the issue of Nijjar s assassination with Indian Prime Minister Narendra Modi during the G20 summit in Delhi He stated to lawmakers, “Any involvement of a foreign government in the killing of a Canadian citizen on Canadian soil is an unacceptable violation of our sovereignty The USA also faced
cooperation among states It s imperative for India to recognize its diminishing standing on the global stage and to adjust its conduct accordingly The international community, represented by the UN, should urge India to adopt a more mature and responsible approach, compelling it to refrain from meddling in the affairs of other nations The writer is a freelance columnist
has
neighbours
India
problems with all its
H E US shot down more drones and missiles than Israel did on Saturday night during Iran’s attack, The Intercept can report More than half of Iran’s weapons were destroyed by U S aircraft and missiles before they ever reached Israel In fact by commanding a multinational air defense operation and scrambling American fighter jets, this was a U S military triumph The extent of the U S military operation is unbeknownst to the American public but the Pentagon coordinated a multination regionwide defense extending from northern Iraq to the southern Persian Gulf on Saturday During the operation, the U S , U K , France, and Jordan all shot down the majority of Iranian drones and missiles In fact where U S aircraft originated from has not been officially announced an omission that has been repeated by the mainstream media Additionally, the role of Saudi Arabia is unclear, both as a base for the United States and in terms of any actions by the Saudi military In calculating the size of Iran’s attack and the overwhelming role of the United States U S military sources say that the preliminary estimate is that half of Iran s weapons experienced technical failures of some sort “U S intelligence estimates that half of the weapons fired by Iran failed upon launch or in flight due to technical issues a U S Air Force senior officer told The Intercept Of the remaining 160 or so the U S shot down the majority, the officer said The officer was granted anonymity to speak about sensitive operational matters Asked to comment on the United States shooting down half of Iran’s drones and missiles the Israel Defense Forces and the White House National Security Council did not respond at the time of publication The Pentagon referred The Intercept to U S Central Command, which pointed to a press release saying CENTCOM forces supported by U S European Command destroyers successfully engaged and destroyed more than 80 one-way attack uncrewed aerial vehicles (OWA UAV) and at least six ballistic missiles intended to strike Israel from Iran and Yemen Israel says that more than 330 drones, low-flying cruise missiles, and ballistic missiles were launched by Iran, including some 30 Paveh-type cruise missiles 180 or so Shahed drones and 120 Emad intermediate-range ballistic missiles as well as other types of weapons All of the drones and cruise missiles were launched from Iranian territory, Israel says Some additional missiles were also launched from inside Yemen according to IDF data Most media reports say that none of the cruise missiles or drones ever entered Israeli airspace According to a statement by IDF spokesperson Adm Daniel Hagari, some 25 cruise missiles were intercepted by IAF [Israeli Air Force] fighter jets outside the country’s borders ” most likely over Jordanian territory Israel s statement that it shot down the majority of Iranian cruise missiles is probably an exaggeration According to U S military sources and preliminary reporting, U S and allied aircraft shot down the majority of drones and cruise missiles U K Prime Minister Rishi Sunak said that the Royal Air Force Typhoons intercepted a number of Iranian weapons over Iraqi and Syrian airspace The Jordanian government has also hinted that its aircraft downed some
Anything posing a
to
and
security of Jordanians, we will confront it with all our capabilities and resources, Jordan s Foreign Minister Ayman Safadi said during an interview on the Al-Mamlaka news channel French fighters also shot down some drones and possibly cruise missiles U S aircraft however shot down more than 80 Iranian weapons according to U S military sources President Joe Biden spoke with members of two F-15E Strike Eagle aircraft squadrons to “commend them for their exceptional airmanship and skill in defending Israel from an unprecedented aerial attack by Iran Two F-15 squadrons the 494th Fighter Squadron based at Royal Air Force Lakenheath in the United Kingdom, and the 335th Fighter Squadron from Seymour Johnson Air Force Base in North Carolina are forward deployed to the Middle East at least half of the planes at Muwaffaq Salti Air Base in Jordan Two U S warships stationed in the Mediterranean the USS Carney (DDG 64) and the USS Arleigh Burke (DDG 51) shot down at least six ballistic missiles the Pentagon says The War Zone is reporting that those ships may have fired Standard Missile 3 (SM-3) interceptors in combat for the first time A U S Army Patriot surface-to-air missile battery in Erbil, Iraq, shot down at least one ballistic missile Wreckage of an Iranian missile was also found outside Erbil as well as in an open area outside the province of Najaf Iran s attack marks the first time since 1991 that a nation state has attacked Israel directly Contending with extremely long distances and utilizing scores of decoys and swarm tactics to attempt to overwhelm Middle East air defenses Iran managed to hit two military targets on the ground in Israel including Nevatim Air Base According to the IDF five missiles hit Nevatim Air Base and four hit another base Despite the low number of munitions successfully landing the dramatic spectacle of hundreds of rockets streaking across the night sky in Syria Iraq and Iran has left Tehran contented with its show of force Iran has achieved all its goals, and in our view the operation has ended, and we do not intend to continue,” Mohammad Bagheri, chief of staff of the Iranian armed forces said over the weekend Still he cautioned If the Zionist regime or its supporters demonstrate reckless behavior they will receive a decisive and much stronger response The U S coordinated the overall operation from the Combined Air Operations Center at Al Udeid Air Base in Qatar where the overall commander was Lt Gen Alexus G Grynkewich the air commander of CENTCOM We take whatever assets we have that are in theater under our tactical control or in a direct support role across the joint force and the coalition, and we stitch them together so that we can synchronize the fires and effects when we get into that air defense fight Grynkewich told Air & Space Forces Magazine after the Iran attack We re trying to stitch together partners in the region who share a perspective of a threat, share concern of the threats to stability in the region which primarily emanate from Iran with a large number of ballistic missiles and be in a position where we re able to share information, share threat warning And the ultimate goal is to get to a much deeper and fuller integration We’ve made tremendous progress ” In a call immediately following Iran s attack Biden reportedly told Israeli Prime Minister Benjamin Netanyahu that Israel really came out far ahead in this exchange and warned of the risks of escalation as if that hadn’t already happened US, not Israel, shot down most Iran drones and missiles Th e ex te nt o f t h e U S m i l i t a r y o p e rat i o n i s u n b e kn ow n s t to t h e A m e r i c a n p u b l i c, b u t t h e Pe nt a g o n co o rd i n ate d a m u l t i n at i o n , re g i o nw i d e d e f e n s e ex te n d i n g f ro m n o r t h e r n I ra q to t h e s o u t h e r n Pe r s i a n G u l f D u r i n g t h e o p e rat i o n , t h e U S , U K , Fra n ce, a n d J o rd a n a l
aBdul Basit alvi ‘ I n d i a O u t ’ C a m p a i g n GUARDIAN e d i to r a l I N a country the size and diversity of India voter choices can be a bundle of contradictions that require careful parsing to unpack and understand On the one hand, the CSDS-Lokniti pre-poll survey 2024 findings that unemployment and price rise are the issues of most concern to prospective voters come as no surprise In a country with a large youth population and a relatively low per capita income the lack of sufficient jobs and the persistence of high inflation should be major issues of concern The survey also reveals that more than half the respondents felt that corruption had increased in the last five years In its 10-year term the performance of the Narendra Modi-led Bharatiya Janata Party (BJP) government on the economic front has been rather mediocre with little being done to lower unemployment even as it has pursued policies that have significantly benefited the elite over the masses Even as the BJP seeks to emphasise issues such as the inauguration of the Ram temple and Hindutva at high decibel level in its campaigning the survey reveals that these two is-
it as easy as it did in 2019, despite the gap in vote shares as expressed in the survey As for the Opposition harping on an alternative agenda related to the economy and livelihood concerns could provide it with an opening to narrow down the gap in vote shares in the run-up to the actual hustings While the poll survey had not focused on State-level dynamics, recent Assembly elections have shown a sharpening of the north-south political divide with the BJP unable to sway the south on socio-cultural issues as much as it is able to do so in the Hindi heartland and other areas That close to half the respondents laid out livelihood issues as key concerns should provide an opportunity for the political messaging across the country to be a contest of ideas about which political group offers the best deal in addressing these concerns Lastly it is alarming that nearly 58% of the respondents had lost some or a great amount of trust in the Election Commission of India The institution must address concerns about the voting process, while asserting its independence in order to regain trust
Lok
HINDU e d i to r a l INTERCEPT K e n K l i p p e n s t e i n a n d da n i e l B o g u s l aw
Iranian weapons “We will intercept every drone or missile that violates Jordan’s airspace to avert any danger
threat
Jordan
the
their possible choices provides comfort and concern to both the alliances and the other parties in the fray While the BJP has engaged in bluster about winning nearly 400 of the 543 seats in Parliament, the chief concerns related to the economy suggest that the party is not having
The
Sabha contest is not done and dusted
Ccore of China’s core interests, and it will never be compromised
The PLA will not tolerate any Taiwan secessionists activities or external support Dong told Austin via the video call The current situation in the South China Sea is generally stable, and regional countries have the willingness, wisdom and capability to resolve issues The US should recognize China’s firm stance respect China’s territorial sovereignty and maritime rights in the South China Sea and take practical actions to maintain regional peace and stability and the stability of China-US military relations, Dong said Meanwhile, the economic and financial working groups of China and the US held their fourth meeting in Washington DC on Tuesday with the two sides engaging in in-depth pragmatic and constructive dialogue on how to implement the consensus reached earlier by the leaders of both nations, the macroeconomic situations of both countries and the world how to achieve balanced growth and other topics The fourth meeting came after the US
Treasury Secretary Janet Yellen wrapped up a high-stakes six-day visit to China last week during which the two countries reached new areas of consensuses in economic and financial fields and also agreed on future meeting arrangements
From the meeting between the leaders of China and the US in San Francisco last November to their phone call in early April this year there has been effective communication between the two sides in practical areas Regardless of whether differences still exist, the communication itself is effective and represents a breakthrough, some Chinese experts said Analyzing statements released by the US Li Haidong a professor at the China Foreign Affairs University believes US sincerity in communication and exchanges with China is insufficient
The starting point of their communication is not aimed at moving toward China to better manage differences and resolve conflicts Instead the US is motivated by the need to bolster its allies confidence in how it handles relations with China demonstrating its capability to keep China-US relations under control This, in turn, assures its allies to more confidently follow the US in its strategic competition with China ” Li told media on Wednesday
The latest talk between the defense chiefs of the two countries which is a
major breakthrough in fully resuming the military-to-military communication is likely to add possibilities for a future face-to-face meeting at Shangri-La Dialogue in Singapore later once both sides confirm their attendances, some experts said But there are still many uncertainties, which are largely linked to the upcoming actions of the US or whether the US will challenge and break China s bottom line on its core interests A US P-8A anti-submarine patrol aircraft flew through the Taiwan Straits
times, resolutely safeguarding national sovereign security and regional peace and stability the spokesperson added In a readout issued by the Pentagon on Tuesday it reiterated that the US remains committed to our longstanding one China policy, which is guided by the Taiwan Relations Act, the Three US-China Joint Communiques, and the
Thursday 18 Apri 2024 | ISLAMABAD 06 NEWS BEIJING S TA F F C O R R E S P O N D E N T
H I N A and the US have recently engaged in intensive dialogues and communications across multiple fields, involving military financial and economic aspects Observers believe the current frequent interactions between the world s two largest economies are positively meaningful and conducive to better managing differences between the two sides, and also beneficial for the US to form correct understanding and judgments about China s actions and policies However the most prominent feature of the current China-US relations is that Washington continuously raises demands with China but lacks sincerity in responding to many of China’s reasonable requests Although bilateral relations have relatively stabilized whether they can progress further remains to be seen observers said who also warned to be vigilant against Washington s tricks, especially in military sector Chinese Defense Minister Dong Jun spoke with US Defense Secretary Lloyd Austin via a video call on Tuesday at the latter s invitation Dong said China will never compromise on the Taiwan question and urged the US to recognize China’s firm stance respect China’s territorial sovereignty and maritime rights in the South China Sea according to a handout published by Chinese Ministry of National Defense on Wednesday The Taiwan question is at the very
and hyped it up publicly on Wednesday The Chinese People’s Liberation Army (PLA) Eastern Theater Command organized warplanes to follow monitor and deal with the trespassing US aircraft in accordance with the law and regulations the command s spokesperson said The theater command troops are on high alert at all
Six Assurances and he reaffirmed the importance of peace and stability across the Strait C H I N A , U S B O O S T E X C H A N G E S I N M I L I TA R Y, F I N A N C E LONDON A G E N C I E S Social media platform X has blocked several posts in India containing political speech after authorities ordered their takedown ahead of a six-week general election that starts Friday X, owned by Tesla boss Elon Musk and formerly known as Twitter, said the posts would be withheld from Indian audiences until the election was over despite its disagreement with the order “In compliance with the orders, we have withheld these posts for the remainder of the election period ” X said in a statement posted to the platform late Tuesday However we disagree with these actions and maintain that freedom of expression should extend to these posts and political speech in general The posts by elected politicians, political parties and candidates made unverified claims about the private lives of their opponents, which India’s election commission said violated its code of conduct The platform’s announcement of its compliance with the order came the same day X s Brazilian office said it would abide by a court direction to block disinformation-spreading users in that country Musk had earlier threated to disregard the Brazilian court s order The billionaire is expected to meet Prime Minister Narendra Modi in India this month to discuss major investment plans in the country India the world’s biggest democracy regularly ranks among the top five countries globally for number of requests made by a government to remove social media content Last year an Indian court hit X with a $61,000 fine after the platform unsuccessfully challenged orders to remove tweets and accounts critical of Modi’s government Rights groups say freedom of expression is under threat in India which has fallen 21 spots to 161 out of 180 countries in the World Press Freedom Index since Modi took office in 2014 Indian authorities have regularly imposed blanket internet shutdowns during periods of unrest Apple loses top phonemaker spot to Samsung as iPhone shipments drop, IDC says AGENCIES Apple s smartphone shipments dropped about 10% in the first quarter of 2024 hurt by intensifying competition by Android smartphone makers aiming for the top spot, data from research firm IDC showed on Sunday Global smartphone shipments increased 7 8% to 289 4 million units during January-March, with Samsung at 20 8% market share clinching the top phonemaker spot from Apple The iPhonemaker s steep sales decline comes after its strong performance in the December quarter when it overtook Samsung as the world s No 1 phone maker It s back to the second spot, with 17 3% market share, as Chinese brands such as Huawei gain market share Xiaomi one of China’s top smartphone makers occupied the third position with a market share of 14 1% during the first quarter South Korea s Samsung which launched its latest flagship smartphone lineup – Galaxy S24 series – in the beginning of the year, shipped more than 60 million phones during the period Global sales of Galaxy S24 smartphones jumped 8%, compared to last year ’s Galaxy S23 series during their first three weeks of availability data provider Counterpoint previously said BEIJING S TA F F C O R R E S P O N D E N T China s economic growth rate exceeded expectations in the first quarter, an official from the National Development and Reform Commission (NDRC) told the press on Wednesday With continuously optimized economic structure, stable employment and prices market expectations have generally improved and this has set a good start for the whole year said Liu Sushe a deputy head of the NDRC the country s top economic planner Liu said that the NDRC will continue to intensify the implementation of macroeconomic policies, including the issuance of ultra-long special treasury bonds, as well as large-scale equipment renewal Meanwhile the NDRC has vowed to continue enhancing market confidence More major projects will be publicly promoted to attract private capital Banks will also be guided to increase financing support for private investment projects and national key projects, said Liu In response to recent allegations that China is experiencing production overcapacity Jin Xiandong head of the policy research office at the NDRC pointed out that the issue should be judged objectively based on economic principles Jin highlighted that in a market economy the balance between supply and demand is relative and in fact supply-demand imbalances are universal and can also be conducive to competition Some parties have incorrectly linked higher production capacity with international trade and wrongly claimed that a higher volume of exported goods means overcapacity, he said A nighttime view of Zhoushan Port in east China's Zhejiang Province, April 16, 2024 /CFP A nighttime view of Zhoushan Port in east China’s Zhejiang Province April 16 2024 China imports a large amount of chips aircraft soybeans and crude oil every year but that does not mean that the exporting countries of these commodities have overcapacity, he explained Only by strengthening cooperation can the world achieve common development he stressed C h i n a’s Q 1 e co n o m i c g row t h s u r p a s s e s ex p e c t at i o n s : N D R C X blocks India elec tion posts af ter takedown orders 10 Pearls to host AI Summit in ITCN Asia LAHORE S TA F F R E P O R T 10 Pearls a global IT company is all set to organize a two-day AI summit on April 18–19 at the 23rd ITCN Asia Conference and Exhibition in Expo Center, Lahore Distinguished national-level thought leaders and experts in artificial intelligence will address various sessions workshops and penal discussions on different topics related to the emergence of AI in the national and global landscape Exclusive sessions will be held on Demystifying GenAI to be addressed by Asim Ghaffar, VP Engineering, 10Pearls; “Generative AI for Corporate Leaders” by Monis Rahman, Co-Founder and CEO, Dukan; and “Accelerating Digital Transformation Through AI Innovations by Muhammad Aamir Yaqub Senior Director Engineering 10Pearls Moreover the AI Summit 2024 selected the top AI startups to display and present their innovative ideas and product solutions at the dedicated session Out of 50 entries received nationwide, six startups were shortlisted to exhibit their ideas in the sessions including Talkative Buddy Hseih Misgenie Virtual School Board Xylexa and Inlights This is the first time the AI Summit is being held in Lahore; previously it was held in Karachi and Islamabad at various editions of ITCN Asia Since its inception in 2019, the AI Summit has been a pivotal event dedicated to fostering innovation and knowledge-sharing within the local tech community It offers a platform for industry leaders and innovators to delve into the latest advancements and applications of AI The 24th edition of ITCN Asia Pakistan s biggest IT and telecom expo and conference, will take place on April 18–20 at Expo Center in Lahore State Minister for IT & Telecom Shaza Khawaja will be the chief guest and HE Deemah Al Yahya Secretary General of Digital Cooperation Organization will be the global guest of honor at the inauguration of the three-day trade fair The event will be supported by the Ministry of IT and Telecom the Pakistan Telecommunication Authority (PTA), Special Investment Facilitation Council (SIFC), the Pakistan Software Export Board (PSEB), and the Pakistan IT Industry Association (P@SHA) Balochistan CM Sar faraz Bugti meets secretar y welfare fund Zulfikar Khan ISLAMABAD S TA F F R E P O R T Balochistan Chief Minister Mir Sarfaraz Bugti was met here on Tuesday by Secretary Welfare Fund Ministry of Overseas Pakistani Zulfikar Khan and while informing about the ongoing social security program in Balochistan said that 19 thousand workers of the province are under social security program are registered in which 90 percent of the registration is of laborers working in mines, the children of these workers are being provided educational support under the Government of Pakistan Workers Welfare Fund Emphasis was placed on the promotion of skill-based education in various fields along with traditional degree programs in institutions Mir Sarfraz Bugti said that not every youth can be employed in the government sectors in the available resources of Balochistan, there is a demand for technical people in various fields all over the world, so it is important that we also provide decent employment opportunities to our youth by making them skilled Chief Minister Mir Sarfraz Bugti said that such programs of technical training and skills in inter-tech and matric-tech should be introduced in the institutions established under the Workers' Welfare Fund, which are in demand in the global and national market, such institutions should be under public-private partnership can also be established for which the provincial government will provide all possible support Graduate Internship training review-KPK PESHAWAR S TA F F R E P O R T Pakistan Engineering Council – PEC is going to conduct an event titled as Graduate Internship Training Review-KPK at C & W Secretariat, Peshawar on April 16, 2024 (Tuesday) Wherein, the Chief Guest was Engr Ejaz Hussain Ansari, Vice Chairman, KPK Engr Mir Masood Rashid briefed the audience about the ten (10) initiatives of PEC-Pakistan Development Committee (PPDC) i e STEM Education Day Trip Learning Annual Financing Scheme of Final Year Design Projects Engineering Capstone Expo PEC E-Library Helping Industries by providing Internee Engineers, Graduate Internship Training , PEC E-Gateway, UNSDGS Adoption, Engineer Parliamentarians caucus He also added that Graduate Internship Training (GIT) Program is a flagship project designed to bridge the gap between academia and industry by providing recent graduates with hands-on training and practical experience in their respective fields This program is tailored to equip young professionals with the necessary skills and knowledge required to excel in today's competitive job market Engr Ejaz Hussain Ansari, Vice Chairman KPK also briefed audience about the initiatives being taken by the council in the Governing Body Tenure (2021-24) He also added that initiatives like Graduate Internship Training Annual Scheme for Financing of Final Year Design Projects and other major initiatives have been the most popular initiatives of the council till date He also added that each initiatives of the council is well taken & participated by the engineering community of KPK
Congratulations to Shaza Fatima Khawaja on her appointment as Minister for IT and Telecom!
K aspersky uncovers 100 unique infostealer malware types targeting internet users
Evaluation committee recommends10 high-yielding pulses varieties to boost loc al agric ultural produc tion
ISLAMABAD S TA F F R E P O R T (PR&P PARC) Variety Evaluation Committee (VEC) meeting of Pulses held at the Pakistan Agricultural Research Council (PARC) concluded with the unanimous recommendation of ten high-yielding pulses varieties poised to revolutionize agriculture in Pakistan Pulses play a crucial role in global food security and nutrition of the country Pakistan needs 1 56 mil-
lion tons of pulses annually We have become self-sufficient in mung production during 2021-22 which was 0 263 million tons against the total requirement of 0 180 million tons Nowthe country is focusing on increasing the production of other pulse crops, such as chickpea, lentil and mash bean The meeting was attended by representatives from the Federal Seed Certification and Registration Department (FSC&RD) Ministry of National Food Security & Research (MNFS&R) as well as scientists from pulses research institutes across the country Member Plant Sciences Division (PSD) PARC Dr Imtiaz Hussain presided over the VEC meeting Dr Muhammad Mansoor National Coordinator Food Legumes, PARC, Islamabad presented 10 candidate varieties before the committee After detailed deliberations, VEC recommended 10 pulses varieties that included 05 chickpea and 01 mung bean variety of NIAB Faisalabad 01 lentil and 01 mung bean variety of Pulses
Iraqi observed that we need to do more work to empower women in Pakistan He said that women should have the freedom to make their own decisions about their future He informed that women are strong pillars of society and no civilized society can be developed without them
A speaker the Director of the State Bank of Pakistan Museum Dr Asma Ibrahim said that the purpose of coming into the world is not just
07 NEWS Thursday 18 Apr l 2024 SLAMABAD CORPORATE CORNER PR OFIT N E W S D E S K B A S E D on an investigation conducted under the Securities Act 2015 the Securities and Exchange Commission of Pakistan (SECP) has filed a criminal complaint at the Special Court (Offenses in Banks) Karachi The SECP said in a press statement that criminal complaint number 15 of 2024 dated April 8 2024 has been filed against two individuals who were found involved in front running vis-à-vis equity trading by a large institutional investor during the period from October 1, 2021 to December 31 2021 The analysis of order-level data by the SECP investigation team revealed that a day trader with the active connivance of an investment officer of the institutional investor, purchased shares before the placement of buy orders by the institutional investor and subsequently sold those shares to the institutional investor the statement said The practice continued for a few months A substantial portion of the trades executed by the day trader during this period matched with trades executed by institutional investor as a counterparty it added This resulted in losses to the institutional investor and gains to the day trader There is strong evidence that the investment officer of the institutional investor was actively colluding with the day trader, the SECP said SECP said that it is committed to ensuring fairness and transparency in the capital market to enhance investors confidence SECP FILES CRIMINAL COMPL AINT AGAINST T WO INDIVIDUALS ON CHARGES OF FRONTRUNNING LAHORE S TA F F R E P O R T A pivotal high-level meeting convened under the directions of Chief Minister Punjab Maryam Nawaz at the Ravi Urban Development Authority's (RUDA) headquarters heralded a new era in transportation planning for Lahore and its environs Chaired by Minister of Transport & Mass Transit, Bilal Akbar, the meeting brought together key stakeholders to formulate a comprehensive integrated mass transit plan aimed at addressing the burgeoning challenges of urban mobility In the wake of Lahore s escalating congestion, marked by a 3 06% increase in the population index in 2024 and an average Traffic Congestion Index (TCI) of 21 72 over the last 30 days Chief Minister Maryam Nawaz emphasized the imperative for innovative solutions beyond traditional flyovers and underpasses This directive underscores her commitment to ushering in a new era of sustainable and efficient transportation infrastructure across Punjab s major cities The development of an elevated expressway in Lahore envisioned to seamlessly connect both existing and emerging areas of the city with RUDA and PCBDA This initiative aims to alleviate traffic congestion and enhance connectivity ensuring smoother commutes for residents and commuters alike Drawing upon previous studies including the 2016 TMA recommendations for green orange blue and purple lines as well as the implementation of the Bus Rapid Transit (BRT) system stakeholders deliberated on a unified approach to transportation planning A subsequent meeting has been slated to delve deeper into travel trends and ridership patterns per hour informing strategic decisionmaking processes From PCBDA s standpoint proposals include the integration of the metro bus service with green and blue lines, alongside the introduction of electric buses and dedicated bicycle tracks A comprehensive traffic impact study has been commissioned to gauge the efficacy of proposed measures and optimize resource allocation Embracing Transit Oriented Development (TOD) principles the development blueprint for RUDA envisages feeder routes such as BRT blue and orange lines This holistic approach encompasses 13 interconnected routes, 13 interchanges, 9 parking depots, 2 freight terminals, and a railway track traversing RUDA's jurisdiction Additionally plans include the establishment of 15 docking stations for ferries and small boats fostering multimodal connectivity Minister of Transport & Mass Transit, Bilal Akbar, has spearheaded efforts to craft a comprehensive five-year plan, underpinned by a 30-year strategic vision for transportation This forward-looking approach seeks to future-proof infrastructure investments and ensure sustainable urban development Transpor t minister leads high-level meeting at RUDA headquar ters to forge integrated mass transit blueprint Mashreq Pakistan strengthens its operations with top leadership appointments KARACHI S TA F F R E P O R T Mashreq Pakistan, a part of Mashreq which is the leading financial institution in the MENA region, has further solidified its commitment to Pakistan by announcing three key leadership appointments Shamsulhaq Niaz has been appointed the Chief Digital Officer and Head of Payments Khurram Mumtaz has been appointed as Head of NEO and Rabia Atlas will serve as the Head of NEOPAY for the market These strategic appointments reflect Mashreq's dedication to strengthening its presence in the Pakistani market and its focus on delivering innovative digital banking solutions to its customers KP gov t devises action plan to combat dengue amidst flood fears PESHAWAR I N P Khyber Pakhtunkhwa Health Department has formulated an action plan to curb the potential spread of dengue following recent rains and floods across various regions of the province The plan has been submitted to the Chief Secretary of Khyber Pakhtunkhwa for approval Dr Arshad Roghani Director of Public Health highlighted that the strategy encompasses a multi-sectoral approach to effectively manage and control dengue outbreaks Special teams have been constituted to promptly eradicate dengue larvae to mitigate the disease's impact Furthermore the plan includes the allocation of 300 beds specifically for dengue patients across government hospitals in Peshawar MTI Hospital is set to designate a separate ward for dengue patients Additionally, a dedicated dengue control room will be established at the Directorate General Health Services To ensure effective maintenance and support, the Health Department will collaborate with the Municipalities Department and PDMA ISLAMABAD S TA F F R E P O R T As the malware development market continues to flourish with new stealers such as Lumma for the last three years Redline still remains the dominant datastealing malware used by cybercriminals As per the latest finding of Kaspersky Digital Footprint Intelligence, 55% of devices targeted by password-stealer attacks in 2023 have been infected with the Redline malware According to information gleaned from log-files traded or distributed freely on the dark web Redline was used in 51% of infostealer infections from 2020 to 2023 Other notable malware families included Vidar (17%) and Raccoon (nearly 12%) In total, around 100 distinct infostealer types were identified by Kaspersky Digital Footprint Intelligence between 2020 and 2023 using metadata from log-files Infostealers infiltrate devices to illicitly obtain sensitive credentials such as logins and passwords which are then peddled on the shadow market posing significant cybersecurity threats to personal and corporate systems The underground market for data-stealing malware development is expanding, evident from the rising popularity of new stealers Between 2021 and 2023, the portion of infections caused by new stealers grew from 4% to 28% Specifically in 2023 the new “Lumma” stealer alone was responsible for more than 6% of all infections Lumma emerged in 2022 and gained popularity in 2023 through a Malware-as-a-Service (MaaS) distribution model
skills development to equip individuals for success in the digital age With her strategic leadership and commitment to progress, She is poised to lead our nation towards a brighter, more connected future On behalf of Global Entrepreneurship Network Pakistan, Hon Coordinator for Strategic Alliances and Partnerships Mr Safeer ul Hak offered full support as she embarks on this important role We look forward to collaborating drive entrepreneurship innovation and economic growth in the IT and telecom sectors, ultimately contributing to the prosperity of our nation Together, we can create a thriving ecosystem that empowers entrepreneurs and fosters technological advancement inshaAllah! PSX
on producing a Sustainability Report This is in line with the roadmap and guidance framework of the SECP to promote and encourage ESG reporting among listed companies Speaking at the occasion of the launch of the PSX Primer on ESG, the MD & CEO PSX, Mr Farrukh H Khan, stated, “Pakistan Stock Exchange has taken a tremendous leap forward in its efforts to materialise its vision on ESG reporting by listed companies Subsequent to several steps taken by PSX on the ESG front such as the establishment of the ESG Taskforce KARACHI S TA F F R E P O R T The role of educated mothers is very essential for the development of societies, a knowledgeable mother can easily educate and train her children in a good way and the home environment they created can guarantee a well-educated and well-behaved family They maintain houses in order and have a major influence on a child their love and care can mold them into a caring person or spoil their personality We can witness that there is a lack of counseling guidance and training in the parental system in our society and its effects in front of us These views were expressed by the Director General of the Charter Inspection and Evaluation Committee of the Sindh Higher Education Commission Dr Nauman Ahsan He was addressing the inaugural session of the seminar organized by the Center of Excellence for Women’s Studies of the University of Karachi in collaboration with the KU Faculty of Law KU Students Advisor Office KU Office of Research Innovation and Commercialization, and Sindh Higher Education Commission in connection with the International Women’s Day 2024 The KU CEWS s seminar titled Dukhtaran-e-Pakistan: Accelerating Gender Equality Economic Empowerment and Peace Building and Perception Management was held at the Karachi University Business Auditorium on Wednesday Dr Nauman Ahsan shared that as Pakistanis we all break each and every rule and regulation but as soon as we land on the soil of any other country we are willing to obey and follow their rules without any hesitation “We will not stand in queues, and do not mind if we drive the wrong way on the streets in our motherland but we cannot do the same in any foreign country as we know what kind of reaction and punishment we will get there During his presidential address, the KU Vice Chancellor Professor Dr Khalid Mahmood Iraqi said that countries cannot be developed without promoting gender equality and empowering women He mentioned that the money spent on the education system is not an expense but an investment for our future, and added that without quality education we cannot achieve our goals He shared that the Founder of Pakistan
Ali
the education sector is not among the priorities
our rulers, and as a consequence, the entire nation is suffering today The KU VC Professor
Khalid
KARACHI S TA F F R E P O R T Her vision encompasses innovative policy formulation to drive growth and entrepreneurship in the IT and telecom sectors, ensuring digital inclusion for all citizens, bolstering cyber security measures to protect critical infrastructure expanding telecommunications infrastructure to support the digital economy and promoting
issues ESG primer for listed companies KARACHI S TA F F R E P O R T PSX has taken yet another major step in realising its vision of ESG readiness for listed companies by issuing the PSX Primer on Environmental Social & Governance (ESG) The sector agnostic Primer on ESG is a detailed booklet and first of a series of publications meant for guiding listed companies on reporting on ESG The PSX Primer enables listed companies to understand ESG opportunities and risks, and educates stakeholders on the usage of ESG data while providing guidance to listed companies
Mohammad
Jinnah called education a matter of life and death, unfortunately,
of
Dr
to live but to do something that will remind you even after you leave the world She urged that there is a need to deal with it instead of running away from it Sharing her experiences with the audience she mentioned from her life experiences that if you decide to achieve your goal, no setback can stop you from achieving your goals Another speaker the KU Dean of the Faculty of Arts and Social Sciences Professor Dr Shaista Tabassum said that Islam has given rights to women which are unmatchable with any other society Earlier the KU Director of the Office of Research Innovation and Commercialization Dr Syeda Hoorul-Ain said that the education of a man is only the education of an individual, but educating a woman is educating the whole family She said that in our country, women are progressing rapidly in the field of education K U s e m i n a r u r g e s g e n d e r e q u a l i t y i n s o c i e t y BISE Lahore reschedules Inter Par t-1 exams in Lahore, Kasur, Sheikhupura due to by-polls LAHORE S TA F F R E P O R T Due to the holding of by-elections in Lahore Kasur and Sheikhupura the Board of Intermediate & Secondary Education Lahore has announced to reschedule the dates of Intermediate (1st Annual) Examinations 2024 scheduled for Saturday, April 20, in the subjects of Chemistry, Geology, Health & Physical Education, Statistics and Library Science The papers will now be held on Thursday May 23 Similarly the English (Compulsory) paper originally scheduled for Monday April 22 will now be conducted on Saturday May 25 A notification in this regard has been uploaded on the Lahore Board's website Securit y of Parliament House and Lodges tightened during sessions ISLAMABAD S TA F F R E P O R T The Islamabad Capital Police is constantly engaged to ensure effective security arrangements at National Assembly and Parliament Lodges during the days of sessions According to the details the Islamabad Capital Police is always engaged in ensuring the peace and order situation in the federal capital, a public relations officer said He said that the Islamabad Capital Police is ensuring effective security arrangements at National Assembly and Parliament Lodges located in the High Security Zone AGF Mission: Alleviating hunger, pover t y reduction and long-term sustainabilit y KARACHI S TA F F R E P O R T Amity Global Foundation a Canadian organization dedicated to empowering rural communities in Pakistan kicked-off its Food Distribution Drive ahead of Eid-ulFitr across 25 villages in the interior Sindh District Sujawal Amity s Ramadan Food Distribution Drive targeted underserved villages in interior Sindh, providing much-needed food assistance to families This intervention aims to alleviate immediate hunger concerns while working alongside local partners to establish longterm solutions for food security Chief Operating Officer (COO) Amity Global Foundation Saad Hasnain while expressing his views on the successful implementation of this drive said we are immensely thankful to Almighty Allah that this Food Distribution Drive turned successful in all aspects and it is the need of the hour to address malnutrition issues in the rural Pakistan Ambassadors of Turkey, Tajikistan called on Federal Minister Abdul Aleem Khan ISLAMABAD S TA F F R E P O R T Federal Minister for Privatization Investment Board and Communications Abdul Aleem Khan was called on by Ambassadors of Turkey, Mehmet Pacaci, and the Ambassador of Tajikistan, Shafiev Saidjon Ismoil, in Islamabad In the meeting with the Ambassadors the matters regarding improvement in the bilateral cooperation between two countries and increase in mutual trade was considered In his conversation Federal Minister Abdul Aleem Khan said that Pakistan Turkey and Tajikistan have deep friendly ties which will be further strengthened Federal Minister Abdul Aleem Khan presented souvenirs to Ambassadors of Turkey Mehmet Pacaci and Ambassador of Tajikistan Shafiev Saidjon Ismoil Ismail at the end of the meetings g ACCUSED WERE FOUND INVOLVED IN FRONT RUNNING VIS -À-VIS EQUITY TRADING BY A LARGE INSTITUTIONAL INVESTOR
the apprehension of numerous accused individuals, who were subsequently detained for identification parades subjected to physical remands or involved in investigative procedures before being discharged or remanded to judicial custody on various occasions The petitioner argued that obvious bad intentions’ are apparent from the procedural mistakes and illegal actions Two additional PTI leaders one of whom was an accused were implicated in this case at a later stage despite their prior incarceration since May 2023 Supplementary challan reports under section 173 of CrPC were once again submitted before the adjudicating trial court concerning their involvement Following the framing of charges on November 21 2023 the court ordered the trial of the accused to be conducted within the confines of the central jail, under an order issued on October 4, 2023 The approval was granted for the trial concerning the aforementioned FIR filed with the Sarwar Road police in central jail Lahore The petitioner implores that an examination of the contents of the impugned order reveals an absence of reference to the competent authority or cabinet approval, either at the provincial or federal level The former governor alleged that the order was issued by a section officer on behalf of the additional
The Bahawalnagar incident which drew widespread attention after videos depicting individuals in army uniforms purportedly assaulting police officials circulated on social media, sparked outrage among citizens and journalists alike Addressing the events on Friday the Inter-Services Public Relations (ISPR) issued a statement emphasising that prompt action was taken to address as well as resolve the matter collaboratively between the military and police authorities
ISPR regretted that certain elements with ulterior motives exploited the situation to propagate divisive narratives on social media aiming to sow discord between state institutions and government bodies The Punjab Police also denounced what they termed as
false propaganda surrounding the incident on various social media platforms Later, senior officers from both institutions mediated a peace agreement between the police and military personnel In a video of the occasion officers from both sides can be seen chanting slogans in support of the Pakistan Army and Punjab Police in the presence of their respective superiors Addressing the media at Rawalpindi’s Adiala Jail Imran remarked that the treatment meted out to Punjab Police officials in
Bahawalnagar was akin to that of slaves rather than brothers He lamented the prevailing state of affairs, attributing it to what he termed as the “law of the jungle” prevailing in the country Khan cautioned against acquiring loans from the International Monetary Fund (IMF), predicting a new wave of inflation, and highlighted the risks to the economy and the exacerbation of poverty due to a dearth of investment
He stressed that the country s governance lacked adherence to the Constitution, rule of law, or democracy, asserting that stability in the economy and currency cannot be achieved through loans Khan warned that IMF loans would unleash inflation, disproportionately affecting the salaried and impoverished segments of society Moreover he underscored that the dearth of investment would escalate debt and poverty, imperiling the country’s future The former prime minister lamented that over the past 18 months Pakistanis had made substantial
wishes for
and development of
leadership and people, reaffirming PTI’s dedication to playing a constructive role in this regard The latest development adds to a series of controversies involving Marwat who has previously caused internal discord within the party RAWALPINDI S TA F F R E P O R T Security forces on Tuesday killed at least seven terrorists trying to infiltrate the Pak-Afghanistan border in the KP s North Waziristan district, the military’s media wing said in a statement “On 16 April 2024 movement of a group of
try-
to
Afghanistan
by security forces in general area Spinkai, Ghulam Khan of North Waziristan District,” the Inter-Services Public Relations (ISPR) said The statement said that the infiltrators were surrounded effectively engaged and after an intense fire exchange all seven territories were killed A large quantity of weapons, ammunition and explosives was also recovered from the killed terrorists ” it added ISPR said that Pakistan has consistently been asking the interim Afghan government to ensure effective border management on their side of the border “Interim Afghan government is expected to fulfil its obligations and deny the use of Afghan soil by terrorists for perpetuating acts of terrorism against Pakistan it added It further said that the security forces of Pakistan are determined and remain committed to securing its borders and eliminating the menace of terrorism from the country Yesterday the military top brass had described terrorist groups
operating from Afghanistan as proxies acting against Pakistan and its economic interests especially the China-Pakistan Economic Corridor (CPEC) posing a threat to regional and global security Chairing the 264th Corps Commanders Conference at the General Headquarters, Chief of Army Staff (COAS) Gen Syed Asim Munir directed the top military commanders to pro-actively deny any space to the terrorists the ISPR said in a news release According to the ISPR, Gen Asim praised the untiring efforts of the army and the law enforcement agencies (LEAs) in successfully thwarting several terrorist attacks and neutralising key terrorist commanders during the ongoing counterterrorism operations
Published by Asad Nizami at Plot # 7, Al-Baber Centre, F/8 Markaz, Islamabad, for PT Print (Pvt) Limited Ph: 051-2204545 Email: newsroom@pakistantoday com pk PRAYER TIMINGS FA J R S U N R I S E Z U H R A S R M AG H R I B S H A 4:50 5:33 1 30 5:00 6:30 8:15 Thursday 18 Apri 2024 NEWS ISLAMABAD M I A N A B R A R P O L I T I C A L and Press Counsellor Wang Shengjie on Wednesday said that China welcomes Saudi Arabia s investment plans in developing a rail link between Western Pakistan and Gwadar Port as China and Pakistan greet third party cooperation in the China Pakistan Economic Corridor (CPEC) Briefing a select group of media professionals here at the Chinese Embassy Counsellor Wang Shengjie said, We welcome any investment by third-party as CPEC is an ‘Open Corridor ’ We want to combine all advantages for achieving the ultimate objective of Pakistan s socio-economic developments” He said that both countries are also working together to expand information sharing and negate fake news under ChinaPakistan Information Corridor (CPIC) Wang Shengjie said that the China-Pakistan Information Corridor (CPIC) would help expand media cooperation and collaboration between Pakistani and Chinese media outlets and would act as a bridge between media organisations of the two countries Counsellor Wang said that the CPIC is aimed at mobilizing the media to keep the people well-informed about the positive developments, particularly those taking place under the 2nd phase of the CPEC, which mainly focus on industrial, agriculture, mineral and IT sector development as well
formulate new working mechanism for projecting development and security-related news in their true prospective he added He said that a series of interactive sessions with Pakistani media would be held to provide Pakistani media the latest update on growing Sino-Pakistan cooperative partnership and projects related to China, Pakistan Economic Corridor (CPEC) – the flagship project of the multi-billion dollar Belt and Road Initiative (BRI) Counsellor Wang Shengjie said that the Chinese Embassy also wants to provide a new platform under CPIC to develop working partnership between media organisations of the two sides The interactive sessions to be held from time to time with different media groups will help to expand the coverage of positive and development news about the Sino-Pak ties and the CPEC There will also be a digital platform too A Secretariat of Chinese companies will be working here to provide update on CPCP-related projects, he added Under the new initiative, Wang Shengjie said the Chinese Embassy will keep holding a press briefing on emerging issues and it will be an opportunity to promote mutual learning and understanding He asserted that the Embassy wishes to closely work with the Electronic, digital and print media to counter the fake news, that sometimes come up from vested quarters He told the media personnel that Prime Minister Shahbaz Sharif and the Information Minister Attaullah Tarar attached great importance to the positive pro-active role of media in implementing the 2nd phase of CPEC on fast-track basis, with close cooperation of public and private sector During the interactive session, the media team of the Embassy exchanged ideas with the participating journalists as how to strengthen media s role in giving further boost to their cooperative ties CHINA WELCOMES SAUDI ARABIA’S INVESTMENT PL AN IN GWADAR RAILWAY LINK; SAYS CHINESE DIPLOMAT ISLAMABAD S TA F F R E P O R T Federal Minister for Information and Broadcasting Attaullah Tarar has termed the response received by the prime minister at international level as a new milestone in the country’s foreign policy Addressing a press conference after the Federal Cabinet meeting here on Wednesday he said that it was a good omen that Pakistan – a strategically located nuclear state – was in news for good reasons especially on the economic front Attaullah Tarar said that the news about improvement in Pakistan’s economy from international institutions and journals was encouraging Bloomsberg the United Nations Development Programme and the Asian Development Bank had predicted growth and development of Pakistan s economy, he added The minister said the stock exchange had witnessed a historic bullish trend which was the proof of restoration of investors’ confidence He assured that the impact of improvement in the economy would reach the masses soon Tarar said that friendly countries were now valuing their relations with Pakistan which was an achievement The positive news about the economy is due to the hard work of prime minister and his cabinet members, he added The minister said that the international community knew that Shehbaz Sharif who was a hard working leader had always del i v e r e d H e s a i d t h a t t h e P M s v i s i t t o Saudi Arabia was very successful and as a result of it a high-level Saudi delegation had come to Pakistan The delegation led b y t h e S a u d i F o r e i g n M i n i s t e r d i s c u s s e d investments in minerals, tourism and other sectors he added He said that during the c a b i n e t m e e t i n g a d e t a i l e d b r i e f i n g w a s g i v e n o n t h e p r i m e m i n i s t e r s v i s i t t o Saudi Arabia and progress on investment related matters Tarar disclosed that a delegation from the private sector of Saudi Arabia would also visit Pakistan soon and hold meetings with the private sector for collaboration in various fields Both Pakistan and Saudi governments would facilitate that visit which would help boost the national economy and create job opportunities he added The minister said that the cabinet discussed the wheat crop situation It was informed that a bumper wheat crop yield was expected in the country He said that letters were being written to all four provinces regarding increasing the target of wheat procurement so that the farmers could get a better reward of their hard work The step would not only benefit the farmers but would also give a boost to the rural economy he added He said that delegations from more friendly countries would also visit Pakistan soon He said on Eid-ul-Fitr, the prime minister received congratulatory messages from various world leaders During the exchanges he said concerns were expressed over the situation in Gaza with calls for an immediate solution to the crisis About the opposition s public meeting in Balochistan, he said it was a flopped show Camera techniques were used to show the participants which proved that there were not many people in the rally He pointed out that the top leaders of Pakistan Tehreek-e-Insaf was issuing statements contradicting one another ’s stance He said that Barrister Gohar’s statements were contradicted by Sher Azal Marwat and vice versa Similarly Umar Ayub s statements were contracted by some other leader which was a proof of an internal rift within the party ranks How those who could not create unity among the party ranks, could form an alliance with other parties he remarked He said that good developments on the economic front and good response at international level was a breath of fresh air for the country The opposition does not have any agenda We invite them to support us for the sake of the country’s development and revival of the economy ” He said that the PTI leaders were in jails due to corruption cases and instead of trying to politicise issues they should focus on their defence in the courts of law The PTI cannot create unity in its ranks,” the minister remarked Replying to the questions of media persons Atta Tarar said that no discussion took place on the Faizabad sit-in reports in the Federal Cabinet He reiterated the government’s resolve to have friendly and cordial relations with all the countries that was crucial for economic stability which would ultimately benefit the masses To a query, he said the media created too much hype over conviction of the May 9 perpetrators by a court in Gujranwala The conviction was handed over by the court to the convicts while following the due process of law He said trials of those who defiled martyrs monuments and attacked state institutions should be completed in accordance with the law To another query, he said the economic stability had defused the propaganda against the state institutions on social media He urged the media to refrain from speculation and publish or air every news after verification The tourism sector would attract the foreign direct investment in the coming days, he said while responding to another query As regards Pakistan-Saudi Arabia bilateral ties, he said that both the brotherly countries enjoyed historical and longstanding relations which were destined to flourish Tarar terms int ’l level response received by PM a milestone in foreign polic y Petrol price hike challenged in LHC LAHORE S TA F F R E P O R T A petition challenging the recent increase in petroleum product prices was submitted to the Lahore High Court (LHC) on Wednesday Advocate Azhar Siddique lodged the petition in the Lahore High Court highlighting concerns over the escalation of petroleum prices by the federal government Siddique argued that the government s decision to raise petroleum prices would exacerbate inflationary pressures, adversely affecting the economy Siddique said in his petition that the recent hike in prices of petroleum products cannot be justified as the prices are stable in the international markets The petitioner pleaded with the court to declare the recent increase in fuel prices void The Oil & Gas Regulatory Authority (OGRA), federal government and other concerned authorities have been made party in the case In an overnight move, the federal government approved a hike in the price of petrol by Rs 4 53 per liter and the price of diesel by Rs 8 14 per liter for the next fortnight According to the notification issued by the ministry of Finance the petrol will be available at Rs293 94 per liter after the increase of Rs 4 53, while the High-Speed Diesel will be sold at Rs 290 38 per liter after an increase of Rs 8 14 PTI denounces Mar wat’s claim of ‘Saudi involvement in regime change’ ISLAMABAD S TA F F R E P O R T The central leadership of Pakistan Tehreek-e-Insaf (PTI) and its spokesperson have distanced themselves from the views expressed by firebrand party leader Sher Afzal Marwat in a private TV program regarding Saudi Arabia s alleged role in a supposed regime change operation , which the party blames for the overthrow of Imran Khan’s government During a segment on a private TV channel yesterday, Marwat suggested that Saudi Arabia alongside the United States played a part in the downfall of Imran Khan s government This statement coincided with a high-profile visit from Saudi Arabia led by Foreign Minister Prince Faisal bin Farhan Al Saud In response, the PTI issued a statement on Wednesday asserting that Marwat s views do not reflect the party’s strategy or stance in any manner The party clarified that his statement is his personal opinion and not endorsed by the PTI leadership or its members at any level The spokesperson highlighted the importance of Pakistan s relationship with Saudi Arabia terming it as one of the country s closest and most trusted brotherly Islamic nations He underlined the mutual respect, trust, and brotherhood between PTI founding chairman Imran Khan and Saudi Crown Prince and Prime Minister His Excellency Mohammad bin Salman which the party values highly Furthermore the spokesperson reiterated PTI s commitment to fostering close cooperation and brotherhood between Pakistan and Saudi Arabia The party expressed well
as those concerning with public welfare “We want to mobilize all the available resources to bridge the information gap about various aspects of the relationship taking place in various spheres of life and to adopt a holistic approach to counter unfounded news He hoped under the CPIC, both Pakistani and Chinese media will
the welfare
Saudi
seven terrorists
ing
infiltrate the Pakistan-
border was detected
S eve n te r ro r i s t s ki l l e d t r y i n g to i n fi l t r ate Pa k-Afg h a n b o rd e r i n N WA g C H I N A , PA K I S TA N W O R K I N G TO L A U N C H C H I N A - PA K I S TA N I N F O R M AT I O N C O R R I D O R TO E X PA N D I N F O R M AT I O N S H A R I N G, N E G AT E FA K E N E W S
O R T
RAWALPINDI S TA F F R E P
Former prime minister and Pakistan Tehreek-e-Insaf (PTI) founder Imran Khan on Wednesday condemned the recent events in Bahawalnagar, where he alleged that powerful individuals not only violated the law but also sought impunity
investments in Dubai, citing this as indicative of the prevailing state of affairs within the country Countr y ’s future being jeopardised with ‘ law of jungle’: Imran g S AY S P O W E R F U L I N D I V I D U A L S N OT O N LY V I O L AT E D L A W I N B A H A W A L N A G A R B U T A L S O S O U G H T I M P U N I T Y ‘Fair Open Cour t Trial’: LHC seeks gov t’s reply on PTI’s Cheema plea LAHORE S TA F F R E P O R T A Lahore High Court (LHC) division bench, led by Justice Aalia Neelum on Wednesday, sought replies from the Punjab government and other respondents on a plea filed by ex-Punjab governor and PTI leader Umer Sarfraz Cheema challenging his jail trial in a case about May 9 riots in the petition Uner Sarfraz Cheema urged the court to annul the contested order on his jail trial and order his trial in an open court to ensure ‘equity and impartiality ’ The petitioner asserts that he is entitled to the fundamental rights guaranteed in the Constitution of Pakistan The petitioner quoted several clauses of the Constitution particularly Articles 4, 9, 10, 10-A, 14, 19, and 25 – and stated that those articles promise liberty, security of person safeguards against arbitrary arrest and detention right to fair trial due process inviolability of human dignity freedom of speech and equal protection of the law Cheema contended that while the police filed a challan to a special judge in an anti-terrorism court (ATC) under Section 173 of the Code of Criminal Procedure (CrPC) in FIR 108/2023 against only five accused including himself the FIR implicates approximately 400 individuals in the reported incident The said report under Section 173 of CrPC mentions
issuing
chaos
May 9
s
chief secretary He added that according to Sections 15(2) and 21(2)(b) of the Anti-Terrorism Act 1997, only the government has the authority to issue such orders He implored that, therefore, the order is subject to being overturned The petitioner further asserted that the order was passed arbitrarily and unlawfully without proper authority, as it fails to justify the
authority Cheema was arrested in connection with the arson, anarchy and
on
followed by former PM Imran Khan’s arrest On February 6 the anti-terrorism court granted seven-day physical remand of PTI
lawmakers including Cheema Dr Yasmeen Rashid and others in a case registered against them over setting ablaze to PMLN’s office in response to May 9 riots Earlier this month, on April 8 a total of 20 suspects who were tried by military courts in connection with the May 9 incidents were released following the confirmation of their sentences and subsequent remission of their punishments by Chief of Army Staff (COAS) General Syed Asim Munir