Ep26mar2015

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Moody’s terms Pak currency bond rating positive PM greets nation ISLAMABAD—Moody’s Investors Service has revised the outlook on Pakistan’s foreign currency government bond rating to positive from stable. According to Moody’s Investors Service, the rating was affirmed at ‘Caa1’ and Moody’s has affirmed the government’s issuer rating and senior unsecured rating at Caa1.

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First 60,000 tons LNG shipment arrives today ISLAMABAD—Federal Minister for Petroleum and Natural Resources Shahid Khaqan Abbasi told the National Assembly Wednesday that the first shipment of 60 thousand tonnes of imported LNG is reaching Karachi, tomorrow, 26th March. Responding to a call attention notice in the lower house, Mr Abbasi said that the imported LNG from Qatar

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Women among 16 killed in Khairpur road accident MANSOOR PIRZADA GHOTKI—At least sixteen people including five women died and 25 sustained serious injuries, in collision of a passenger bus with a truck near Setharja city of Khairpur on Wednesday. The bus was on its way to Karachi from Multan and collided with a truck near Setharja. An eyewitness told newsmen that the bus was in very high speed and the

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Nawaz keeps leaders on his right side

................................................ Induction of short-range nukes ................................................ IHK women celebrate Pakistan Day

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Karachi operation to continue till end of last criminal: Nawaz PM assures full support to Rangers Governor not invited to meeting STAFF REPORTER KARACHI—The Prime Minister, Nawaz Sharif, lauding the Rangers for taking action against criminals and targeted killers in Karachi, on Wednesday said, “The operation must continue till the elimination of the last criminal. We have to bring back the lights of Karachi which is economic hub of Pakistan.” Prime Minister Nawaz Sharif said this while presiding over a crucial law and order meeting at the Pakistan Air Force Faisal Base in Karachi, opting out of the usual location for such meetings – either the CM House or Governor House. Assuring the Rangers of the federal government’s full support in their operations, Nawaz said, “Pakistan’s economy depends on Karachi, but unfortunately some elements have disrupted the law and order situation. We have to deal with them with iron hands.” “We will defeat those elements who want to impose their writ in Karachi and other areas

of the country,” he added. Further, Sindh Chief Minister Qaim Ali Shah briefed the premier regarding the cases referred to military courts. The premier was informed 369 encounters have taken places and 56 belonging to outfit organisations have been killed. The issue of removal of barriers also came under discussion and DG Rangers informed the meeting that they have started taking action without any discrimination. Sources said Rangers had arrested members of the Muttahida Qaumi Movement’s ‘militant wing’ in the first phase while in the second phase, they will target influential leaders involved in target killing, extortion and other crimes. ”Well known faces of MQM — in Parliament and in Sindh Assembly — would be investigated,” the sources revealed. The sources said the LEAs are determined to arrest and punish all those accused of criminal activities in the city in line with the federal

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Notorious LI commander among 30 killed in KA blitz Three militant commanders arrested TARIQ SAEED PESHAWAR—The Pakistan Air Force (PAF) war birds in pre-dawn strikes in the volatile Khyber agency on Wednesday mowed down at least 30 alleged militants including a notorious commander and spokesman of the militant outfit Lashker-e-Islam. Several hide outs and ammunition dumps of the militants were destroyed. The Security forces apprehended three mili-

tant commanders in Peshawar and Khyber agency the same day. As the Operation Khyber II advanced, the PAF jet fighters heavily pounded the trouble makers positions in the Tiraah valley early morning that resulted in the destruction of several hide outs and two arms and ammunition dumps in the area. The incessant bombings left as many as 30 miscreants dead. “Early morning Wednesday terrorist’s

KARACHI: Prime Minister Muhammad Nawaz Sharif being briefed by DG Rangers, Sindh, Major-General Bilal Akber during a meeting held at PAF Airbase regarding ongoing operation in Karachi.

JIT to interrogate 29 Nine Zero suspects, including Amir STAFF REPORTER tion team (JIT) will carry out interrogation of 29 of the suspects, include Amir Khan and Umair Siddiqui, arrested by the Rangers from Nine Zero, sources said on Wednesday. Sources said, the Interior Ministry has issued a notification for the formation of a JIT for the purpose. An anti-terrorism court on Wednesday, extended the physical remand of five suspects arrested during the Rangers raid on Muttahida

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It was a draw Situationer

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KSE-100 index slides T yet another 266.65 points KARACHI—Although the KSE-100 Index persistently on the declining trend as it lost yet another 266 points to close in red again on Wednesday at 31044 levels yet the market pundits feel that the current level could hold this support area and rise towards 33,000 in the coming trading session. However if the index keep on decline movement and a closing below 30,850 could drag the index further down somewhere at 28,300

levels, said market analysts. However the market volume remain quite

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China with Pakistan on progress journey: Wang Yi

KARACHI—A joint investiga-

M. Ziauddin

AMANULLAH KHAN

Shahbaz calls on Chinese FM

ECHNICALLY the PMLN-led government seems to have come out of the election rigging scrap without any bruises. But politically the PTI seems to have won hands down. And this is going to help the partly decisively in the upcoming local bodies’ elections in the Punjab and Sindh. However, since the peaceful culmination of the more than six-month long political feud between the PMLN-led federal government and the Pakistan Tehreek-e-Insaf, there has ensued a frenzied debate in the media over the winner-loser question. The way this debate is being conducted it seems as if the media is trying its worst to send the PTI back to the D-

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BEIJING—Chinese Foreign Minister Wang Yi Islamabad. Meanwhile, Punjab Chief Minishas lauded the steps taken by Pakistan against terrorism and said that the country is moving in right direction in curbing the menace of terrorism. He was talking to Punjab Chief Minister Shahbaz Sharif in Beijing on Wednesday. The Chinese Foreign Minister said that China is with Pakistan in journey of progress. Speaking on the occasion, Shahbaz Sharif said China-Pak Economic Corridor will open new chapter in relations between Pakistan and China. He said the Pakistani people are eagerly waiting for Chinese President’s visit to

ter Muhammad Shahbaz Sharif has said that Liquefied Natural Gas (LNG)-run power plants are being installed in Punjab to generate three thousand and six hundred (3600) megawatt electricity. He was talking to Chinese investors and construction experts in Beijing on Wednesday. He expected that these plants will start functioning by the end of 2017. Shahbaz Sharif invited Chinese companies to participate in construction of these plants. The Chief Minister pledged that every possible security will be provided to Chinese investors in Pakistan.—/Online

Bureaucracy neglects real heroes on Pakistan Day ZEESHAN JAVAID I SLAMABAD —Rusty bureaucratic machinery seems to have forgotten to oil its memory sticks by neglecting to include two legendary names Aitzaz Hasan and SP CID Chaudhary Muhammad Aslam In the list of civil awards bestowed upon civilians by government of Pakistan for extraordinary services for the country. The nepotism and fear factor in bureaucracy can never be ended, because these are the tools which used by ‘Baboos’ in civil administration for their survival. The two legendry names beside others who lost their lives in fighting against terrorism including a 16 year

old slain Aitzaz Hasan and Karachi Superintendent of Police (SP) CID Main Chaudhary Muhammad Aslam were not included in the list of civil awards approved by the president office. A senior bureaucrat on condition not to be named informed this scribe that the normal procedure which is adopted to prepare the lists for national awards by president house falls with the concerned ministries or divisions, who nominate the names for awarding national civil medal, adding “There is no specific criteria or merit to choose the right person who deserve in real sense the civil award for recognition the achievements or sacrifices”, he maintained. He was of the view that it

has been remained a practice since the independence of Pakistan to accommodate the favorite ‘Baboos’ in bureaucracy for such prestigious national civil awards. The slain Aitzaz Hasan 16, a Pakistani citizen from Hangu District in Khyber Pakhtunkhwa province who sacrificed his life while preventing a suicide bomber from entering his school of 2,000 students at Ibrahimzai village of Hangu, on 6 January 2014. Aitzaz’s action to save the lives of his classmates hailed him as a National hero. For his act, the office of Pakistan Prime Minister Nawaz Sharif had recommended President Mamnoon Husain to confer

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