Connect with us

pakistan

Political stability vital for economic wellbeing: President Alvi

Alvi underscored the role of political stability in ensuring the economic wellbeing of the country.

Published

on

Political stability vital for economic wellbeing: President Alvi

President Dr. Arif Alvi on Friday underscored the critical role of political stability in ensuring the economic wellbeing of the country.

Speaking at a ceremony of the Korangi Association of Trade & Industry (KATI), he highlighted the substantial contributions of the business community in Karachi to charitable endeavors.

President Alvi acknowledged Karachi’s significant contribution, accounting for nearly 70 percent of Pakistan’s revenue. However, he said that despite ongoing discussions on Karachi’s issues, the city’s development has been hindered by political disputes.

Addressing the leadership crisis, President Alvi called upon the business community to take the lead in tackling pressing issues. He urged a proactive approach to address problems such as malnutrition, stunting, mental stress, and breast cancer.

Advertisement

Emphasizing transparency in decision-making, the President stressed that the business community should not only raise concerns but also take concrete actions to resolve them. He further advocated for meritocracy as the cornerstone of the political arena.

Governor Sindh, Kamran Khan Tessori, emphasized that Karachi serves as the backbone of the national economy and called for a collaborative effort among all stakeholders to transform the city into a model metropolis in the region.

Mr. Faraz ur Rehman, President of KATI, expressed gratitude to President Dr. Arif Alvi for his presence at the ceremony. He highlighted the major exports from the KATI Industrial area, including leather and pharmaceuticals, and stressed the need for meaningful measures to drive economic development in the country.

S.M. Tanveer, Patron in Chief of KATI, highlighted KATI’s significant role in national employment and economic growth.

During the event, President Alvi distributed shields among the members of KATI in recognition of their contributions.

Advertisement

pakistan

Former PM Raja Parvez Ashraf raises concerns over IMF bailout conditions

Former PM Raja Parvez Ashraf raises concerns over IMF bailout conditions

Published

on

By

Former PM Raja Parvez Ashraf raises concerns over IMF bailout conditions

Former prime minister Raja Parvez Ashraf has raised concerns about the potential conditions of the new IMF bailout package for Pakistan.

In a statement issued on Friday, the PPP Central Punjab President suggested that the government should brief parliament on the IMF package, with the finance minister providing lawmakers with details on new taxes and approved austerity measures during an in-camera session.

Ashraf underscored that instead of privatising Pakistan International Airlines (PIA) and other vital institutions, state-owned enterprises should be managed through public-private partnerships.

The former PM strongly opposed the idea of imposing taxes on pensioners, deeming it unacceptable. He urged the Finance Ministry to seek an alternative solution.

Advertisement

Raja Parvez Ashraf also highlighted the potential for enhanced harmony between the Centre and the provinces through the full implementation of the 18th Amendment.

He also proposed the abolition of unnecessary ministries to alleviate the financial burden on the federation.

Continue Reading

pakistan

Pakistan slams Indian atrocities against minorities, Kashmiris at UN

Pakistan slams Indian atrocities against minorities, Kashmiris at UN

Published

on

By

Pakistan slams Indian atrocities against minorities, Kashmiris at UN

Pakistan addressed the UN General Assembly on Thursday, asserting that India was targeting Indian Muslims, Christians and Muslims in occupied Kashmir, and urged an end to their harsh suppression.

Ambassador Munir Akram stated during a debate on ‘Culture of Peace’ that since the BJP-RSS government took office in 2014, hate, oppression and violence against India’s 200 million Muslims, as well as other minorities like Christians and the ‘lower-caste’ Dalits, became rampant and systematic, driven by the ideology of Hindutva.

The envoy emphasised that unless Hindutva fascism was opposed and the impunity of the BJP-RSS ended, wider violence and conflict in South Asia would remain a real and present danger.

Despite efforts to promote a “Culture of Peace,” Akram noted a rise in hate, violence and war worldwide, with over 300 conflicts raging across the globe.

Advertisement

Highlighting Pakistan’s efforts to combat Islamophobia, Akram expressed deep concern at the officially sanctioned manifestations of Islamophobia in India, citing the Citizenship Law and National Registry list designed to exclude Muslims from citizenship.

The envoy warned of the spread of Hindutva extremism, which he said turbo-charged repression in occupied Jammu and Kashmir. He called for urgent resolution of the Kashmir dispute in accordance with UN resolutions and the wishes of the Kashmiri people.

Akram also highlighted India’s belligerence towards Pakistan, citing threats from Indian officials to “take over” Azad Kashmir and dangerous military doctrines adopted by India.

He accused India of financing and sponsoring terrorist groups to disrupt the China-Pakistan Economic Corridor (CPEC), and highlighted Pakistan’s concerns over India’s campaign of targeted assassinations, even beyond its borders.

Akram emphasised the urgent need for the international community to address these issues and reiterated Pakistan’s commitment to peace and stability in the region.

Advertisement

Continue Reading

pakistan

NA Secretariat accepts inclusion of independent members in SIC

NA Secretariat accepts inclusion of independent members in SIC

Published

on

By

NA Secretariat accepts inclusion of independent members in SIC

he National Assembly Secretariat has accepted the inclusion of independent members (PTI-backed MNAs) in the Sunni Ittehad Council (SIC), Dunya News reported.

The National Assembly Secretariat has released a list of 83 members of Sunni Ittehad Council on its official website after the approval of NA Speaker Ayaz Sadiq.

After the inclusion of independent members, Sunni Ittehad Council has become second largest party in the lower house of the parliament with 83 members.

The Election Commission of Pakistan (ECP) had sent a notification regarding the inclusion of independent members in the SIC to the National Assembly Secretariat.

Advertisement

Continue Reading

Trending

Copyright © GLOBAL TIMES PAKISTAN