EpaperKHI_21-02-11

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Thursday, 11 February, 2021 I 28 Jamadi-ul-Sani, 1442 I Rs 15.00 I Vol XI No 224 I 12 Pages I Karachi Edition

Imran crItIcIses Opp fOr faIlure tO stOp hOrsetradIng In senate electIOns g

PM questions oPP's reluctance to change electoral systeM desPite knowing abbout undeMocratic Practices during senate Polls

RAWALPINDI STAFF REPORT

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riMe Minister imran khan on wednesday censured Pakistan democratic Movement (PdM) parties for failing to take action against the practice of horse-trading in the senate elections “despite being in power for more than three decades.” addressing the media in rawalpindi after attending a ceremony for the second phase of the government’s flagship ehsaas kafalat initiative, the premier questioned the failure of the opposition parties in updating the electoral system despite

being in the know of the undemocratic practices during the senate polls. “because they themselves make money out of it [horse-trading] and seek to horse-trade their way to a majority,” he said. “these thieves […] call themselves politicians and have made a union in the form of PdM to protect their ill-gotten wealth.” his comments come days after the government promulgated an ordinance — elections (amendment) ordinance, 2021 — amending the elections act, 2017 for the use of an “open and identifiable ballot” in the elections for the upper house. in their response, the opposition parties termed the move “illegal” and “unconsti-

cOrOnavIrus In

pakIstan

CONFIRMED CASES:

557,591

LAST UPDATED AT 8:51 AM ON FEBRUARY 10, 2021

DAY'S DEATH TOLL:

62

RECOVERED:

NEW CASES:

1,072 DEATHS:

514,951 12,128 SINDH:

PUNJAB:

251,758

161,757

KP:

BALOCHISTAN:

AJK/GB:

ISLAMABAD:

68,786

18,891

9,291/4,920 42,188

Bilawal backs protesting employees after police shelling

tutional,” amounting to influence the supreme court (sc) which is hearing a case in this regard. on wednesday, the prime minister revealed he himself had been offered money many times for a senate seat “not just from one person but from many people.” according to him, members of his parliamentary board also received similar offers and the current alleged price for becoming a senator from balochistan ranged between rs500-700 million. when politicians come to the senate after spending such vast amounts, he said, they look to make back that amount instead of serving the position or province in any meaningful way. “do we want to hold [senate] elections according to this same system when we know there is a money market set with rates for politicians?” imran questioned. he also asked why the Pakistan People’s Party (PPP) and Pakistan Muslim leaguenawaz (PMl-n) had backtracked from their stance on open balloting when it was stated clearly in their charter of democracy, a 2006 agreement between the PMln and PPP to jointly take on the government of then-president Pervez Musharraf. “it is easier for the government to gain more members [in the senate elections] than our seats” but despite that, the Pti was calling for an open vote, he said. imran also addressed the recent victory of Pakistan in the recent test series against south africa but admitted he didn’t have much time for cricket in his schedule. he said that the basic structure of cricket in Pakistan needed development before but it has now been fixed. “now they will build on it to polish our talent, it will take some time but then our [cricket] team will be a world-beating team.”

ISLAMABAD STAFF REPORT

a protest of government employees for increase in salaries and other demands near Pakistan secretariat, islamabad turned violent after police resorted to tear gas shelling to push back the demonstrators. the police arrested several protestors while those stuck in the secretariat block broke the door to escape. demonstrations were held at several points of the city, including constitution avenue, outside secretariat block, cabinet block and outside the national Press club. later, the protesters started a march towards the Parliament house to intercept which police placed containers on the roads, sealing off d-chowk. “action will be taken against the ones who took law in their hands,” a statement by a police spokesperson said. separately, addressing a press conference in islamabad, Minister for information and broadcasting senator shibli Faraz said that the prime minister was “very concerned” about the issues being faced by government staffers, radio Pakistan reported. the premier, he said, has di-

MARKET DAILY

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more inside

PSX volume hits 16-year high; index closes flat KARACHI STAFF REPORT

the Pakistan stock exchange (PsX) endured a volatile session on wednesday, with the benchmark index failing to sustain gains despite a 52pc surge in volumes. global equity markets displayed a mixed trend, whereas crude oil prices continued with its northward journey; wti crude price rising 0.53pc to $58.68 while brent crude price increasing 0.47pc to $61.51 (as at 3:47pm Pst). "the market made another feat by achieving trading volume of 1 billion shares in the regular market, whereby worldcall contributed the most with 369 million shares. however, other stocks maintained the average trading volume of 600 million shares," a report issued by arif habib ltd read. "Profit booking continued unabated today, particularly in e&P sector, which regressed despite stable international crude oil prices. cement sector performed on the back of better results announced by chcc, with investors expecting similar results from other companies."

rected the concerned ministries to resolve the clerks’ issues immediately. “he is very serious about this and wants the issues to be resolved,” he said. a three-member government committee will address a press conference soon, he said and added: “i think that the protest will end today.” addressing a press conference later in the day, defence Minister Pervez khattak, who is part of the committee holding talks with the protesters, said that the government wanted to give the employees a special allowance for the months before June. a commission is also looking at the issue and will give a decision before the budget is announced and the problem will be solved, he added. khattak said the “government has limits” and it was ready to give increments according to what was suitable keeping in view the condition of the country and the treasury but “if they want it [on their own terms], it will be difficult”. the minister said the government was “still ready to talk” to the protesters if they brought their demands within limits.

In landmark ruling, SC commutes death penalty of two mentally ill prisoners STORY ON BACK PAGE

Justice isa questions PM imran’s position on uplift grants for legislators STORY ON PAGE 02

SUMMARY: reminiscent of the previous session, the benchmark kse-100 index swayed both ways on wednesday, registering its intraday high at 46,845.44 (+170.67 points) and low at 46,341.76 (-333.01 points). it finally settled lower by 30.48 points at 46,644.29. among other indices, the kMi30 index gained 158.68 points to end at 76,284.82, whereas the kse all share index lost 51.32 points, closing at 32,115.37.

the overall market volumes jumped from 663.96 million shares in the previous session to 1.01 billion shares (+52pc). average traded value, however, declined by 4pc, from $178.1 million to $171.3 million. worldcall telecom (wtl +38.89pc), k-electric ltd (kel +2.02pc) and telecard ltd (tele +16.98pc) led the volume chart, exchanging 369.80 million, 106.88 shares and 41.70 million shares, respectively.

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Rescue efforts for missing climbers suspended again due to bad weather STORY ON BACK PAGE

Vaccination of people aged 65 years and above to begin from March: asad STORY ON PAGE 03


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