Tuesday, 2 November, 2021 I 26 Rabi-ul-Awwal, 1443 I Rs 15.00 I Vol XII No 122 I 12 Pages I Karachi Edition
IMF pact For $1bn tranche to be sIgned thIs week: tarIn
a
News Desk
dviser to Prime Minister on Finance and revenue shaukat Tarin has said that Pakistan and the international Monetary Fund (iMF) will sign an agreement on the release of a $1 billion tranche of a bailout package this week. “All issues have been settled with the international Monetary Fund and an agreement will be signed this week,” Tarin said while talking to the media after the launching ceremony of Pakistan single Window (PsW). There are some legal issues that will be resolved soon leading to a final agreement, the adviser further said. “You can take an assurance from
ing the past two years, Covid-19 has badly affected global supply chain and trade whereas the cost of production and shipping has also gone up. He said the world economies are recovering now and the business activities would not only resume but would also grow at much faster pace, so there is dire need to take advantage of this opportune situation “The worst seems to be over and as economies begin to recover globally. We expect business activity to resume and in fact grow at a much faster pace. Pakistan and Pakistani business have to be ready for taking advantage of new opportunities,” he said. Talking about the PsW, he said it will not only facilitate international trade but will also help accelerate digital
me right now, we are very close to an agreement,” shaukat Tarin told reporters last week. “There are just one or two things which we are still discussing,” he added. replying to a question, the adviser said inflation is a global issue and the government is trying its best to tackle it and will announce the targeted subsidy in the coming days. earlier, addressing the launching ceremony of Pakistan single Window (PsW), the adviser highlighted the importance of taking full advantage of new opportunities emerging out of global economic recovery being taking place after Covid-19. He said that one of the ambitious, wide-ranging and comprehensive reform initiatives undertaken in the public sector in recent years. The adviser was of the view that dur-
TLP didn’t demand French ambassador’s expulsion: Mufti Muneeb News Desk Mufti Muneebur rehman stated on Monday that the banned outfit Tehreek-i-Labbaik Pakistan (TLP) didn’t demand the expulsion of the French envoy and the closure of the embassy. Mufti Muneed stated in a presser in Karachi stated that “Lies were spoken on television about the talks [with the TLP], that they had demanded the expulsion of the French ambassador, the closure of the embassy and to break ties with the european Union. This was a blatant lie.” He went on to question “so how can trust be established when government officials speak lies publicly?” ,adding that those who participated in the negotiations did not have personal agendas and were patriots, calling the whole process a “marathon intellectual exercise”. Mufti Muneeb was among the clerics who facilitated talks between the government and the banned outfit, helping both sides reach an agreement after an impasse of three weeks. He went to state that the country’s “liberals”
were more offended than Pakistan’s external enemies over the government’s recent agreement with the TLP. The statement came in light of information Minister Fawad Chaudhry’s statement that there was “at least some good news” after india lost to New Zealand during the ongoing T20 World Cup. While responding to a question about whether the ministers that the negotiating team had objected to were included in the negotiations, the Mufti stated that “When we went, you should understand [the implication].” He further lambasted the “liberals” by stating that they would be the first ones to jump ship when faced with choppy waters. “We’ve seen them before in one ship, then another and now in this ship” he stated. He added that similar to what had happened during the Lal Masjid operation in 2007, the liberals were crying about the writ of the state. “Till 12 at night they talked about the writ of the state, but when the unfortunate operation took place they opposed it”, the Mufti concluded while referring to the liberals as enemies of state.
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MORE INSIDE
TLP clears GT Road, continues Wazirabad sit-in until leader’s release STORY ON PAGE 02
President secures authority to sack NAB chairman in new ordinance STORY ON BACK PAGE
PM to announce relief package to facilitate over 10 million citizens: Fawad STORY ON PAGE 03
CONFIRMED CASES: coronavIrus In
1,273,560 RECOVERED:
pakIstan SINDH:
LAST UPDATED AT 7:13 AM ON NOV 1, 2021
DAY'S DEATH TOLL:
6
NEW CASES:
482
PUNJAB:
ISLAMABAD: AJK/GB:
1,222,559
470,175
440,259
DEATHS: 28,456
KP:
178,074
BALOCHISTAN:
33,263
106,921
34,478/10,390
transformation of the public sector agencies connected to international trade. He said PsW is in line with the vision of the government to promote competitiveness, transparency and efficiency and lauded Pakistan Custom for leading this initiative. He said that it is the priority of the government to fa-
cilitate businesses, including small and medium-sized ones by providing a suitable enabling environment for growth and innovation and improving their competitiveness by reducing their cost and time for doing business.
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