pakistan

FBR notifies asset details declaration rules for public servants

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1 year ago

February 3, 2023

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The Federal Board of Revenue (FBR) on Friday notified “Sharing of Declaration of Assets of Civil Servants Rules, 2023” for federal government servants of BPS17 to 22 to declare asset details.

The move comes in the wake of stringent pre-conditions set by the International Monetary Fund (IMF) to lend money to the country as the government had assured the lender to fulfil all conditions.

The notification obligates public office holders to declare details of assets owned by them and members of their families inside and outside the country to the FBR. The authority has also obligated the banks to provide these details twice a year, on Jan 31 and July 31.

Banks will access the asset data of federal employees in the first phase at the time of opening bank accounts. The conditionality is expected to extend to provincial employees as well in the next phase.

“Bureaucrats’ assets will be checked prior to the opening of a bank account,” sources said. “Banks will get information from the FBR for the opening of accounts of bureaucrats”, added sources.

The international lender had, earlier, demanded Pakistan to amend laws for asset declaration of public servants. Sources told that the IMF had stressed on public declaration of assets inside and outside the country owned by public servants. For this purpose, the lender had also demanded to set up an authority and Electronic Assets Declaration System to ensure transparency of the process. The government finally acceded to the demand earlier by allowing banks access to asset declaration of civil servants as a prior condition for the opening of bank accounts.

A delegation of the global lender was on a visit to Pakistan to hold talks with the government officials as the cash-strapped country was trying to strike a staff-level agreement with the IMF on the ninth review under the $7 billion Extended Fund Facility (EFF). The ninth review has been pending since last September.

The implementation of these measures had been postponed for political reasons, as they were believed to contribute to the already elevated inflation rates. However, the government later agreed to comply with IMF conditions after the lender refused to make any concessions.

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pakistan

Dozens arrested in weekend of protests on US campuses

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1 day ago

May 5, 2024

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Dozens arrested in weekend of protests on US campuses

Police on Saturday arrested at least 25 pro-Palestinian protesters and cleared an encampment at the University of Virginia, the university said in a statement, as US campuses braced for more turmoil during graduation celebrations.

Tensions flared at UVA’s campus in Charlottesville, where protests had been largely peaceful until Saturday morning, when police officers in riot gear were seen in a video moving on an encampment on the campus’ lawn, cuffing some demonstrators with zip-ties and using what appeared to be chemical spray.

Students across the US have rallied or set up tents at dozens of universities to protest the months-long war in Gaza and call on President Joe Biden, who has supported Israel, to do more to stop the bloodshed in Gaza. They also demand their schools divest from companies that support Israel’s government, such as arms suppliers.

The University of Virginia said in a news release that protesters had violated several university policies including setting up tents on Friday night and using amplified sound.

Jim Ryan, UVA’s president, wrote in a message that officials had learned that “individuals unaffiliated with the university” who presented “some safety concerns” had joined protesters on campus.

It wasn’t immediately clear how many of those arrested were UVA students.

A group called UVA Encampment for Gaza that said earlier this week it had set up the encampment condemned the university’s decision to call in police in a post on Instagram.

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pakistan

Dar meets Azeri counterpart on margins of OIC Summit, discusses bilateral cooperation

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1 day ago

May 5, 2024

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Dar meets Azeri counterpart on margins of OIC Summit, discusses bilateral cooperation

Deputy Prime Minister and Foreign Minister Ishaq Dar met with Azerbaijan’s Foreign Minister Jeyhun Bayramov on the sidelines of the 15th OIC Islamic Summit Conference in Banjul, the capital of Gambia.

According to a spokesperson for the Foreign Office, the two leaders discussed bilateral relations during the meeting.

Dar and Bayramov expressed their commitment to further promote bilateral cooperation in various fields, including trade and energy.

The spokesperson said that the leaders agreed to enhance political relations and dialogue during the meeting.

Ishaq Dar, on this occasion, congratulated Jeyhun Bayramov on Baku’s nomination to host COP29.

The foreign minister expressed Pakistan’s keen interest in cooperation and exchange of experiences to address climate change.

He also commended Azerbaijan for its strong and principled stance on the Kashmir conflict.

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pakistan

Two key TTP operatives killed in Rawalpindi operation

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1 day ago

May 5, 2024

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Two key TTP operatives killed in Rawalpindi operation

Two key terrorists were killed as a result of gunfire from their own associates during an operation carried out by personnel of the Counter-Terrorism Department (CTD) on Sunday.

According to CTD officials, the dead terrorists, Naseebullah and Ihsanullah, were affiliated with the banned Tehreek-e-Taliban Pakistan (TTP). Both were wanted for the murder of a cop during an attack on a Dolphin Force team in Rawalpindi.

A huge stash of explosives, including hand grenades, heavy weaponry and ammunition, was seized.

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