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  • Pakistan inflation hits highest level since 1973

    Pakistan inflation hits highest level since 1973

    According to the Pakistan Bureau of Statistics (PBS), Pakistan’s Consumer Price Index-based inflation (CPI) climbed by 27.3 per cent on a year-over-year basis in August 2022 as opposed to an increase of 24.9 per cent the previous month and 8.4 per cent in August 2021.

    Inflation has increased by an average of 26.1 per cent in the first two months of the current fiscal year 2023 compared to 8.36 per cent in 2022. August’s inflation rate was the highest since November 1973.

    According to brokerage house Arif Habib Limited (AHL) the Consumer Price Index (CPI) for the month of Aug’22 clocked in at 27.26 per cent YoY (+2.45 per cent MoM). This takes 2MFY23 average inflation to 26.1 per cent compared to 8.36 per cent in 2MFY22.

    CPI inflation

    Urban

    In August 2022, urban CPI inflation was 26.2 per cent on an annual basis, up from 8.3 per cent in August 2021 and 23.6 per cent the month before.

    It climbed by 2.6 per cent month over month in 2022, compared to 4.5 per cent the month before and 0.5 per cent in August 2021.

    Rural

    In addition, rural CPI inflation reached 28.8 per cent on an annual basis in August 2022, up from 8.4 per cent in August 2021 and 26.9 per cent in the preceding month.

    In August 2022, it climbed by 2.2 per cent month over month, compared to 4.2 per cent the month before and 0.7 per cent in August 2021.

    Further increase expected

    Rising inflation has become a major worry for Pakistan’s economy, which is already experiencing a loss of foreign exchange reserves.

    In the midst of severe flash floods that have resulted in at least 1,100 fatalities, extensive destruction, and millions of displaced people, experts have cautioned that the country will experience additional increases in food costs.

  • Govt spends Rs20 million per month on Khan’s security: IG Islamabad

    In a meeting of the Senate Standing Com­mittee on Interior chaired by Pakistan Tehreek-e-Insaf’s (PTI) Senator Mohsin Aziz, Inspector General of Police (IGP) Isla­mabad Dr Akbar Nasir Khan revealed that 266 personnel have been deployed for PTI Chairman and former Prime Minister Imran Khan’s security, which costs the government Rs20 million per month.

    The meeting took place on Wednesday, in which IGP Islamabad also admitted that there are reports of threats to Khan’s life.

    IGP Nasir provided these details in the form of a report sought by Committee Chairman Mohsin Aziz, who took a suo moto notice on reports of withdrawal of Khan’s security.

    He was asked about the reasons for the withdrawal of Khan’s security and revoking of private security companies’ licenses that were deployed for his protection. In reply, the IGP said that besides the two private security companies, 266 personnel from Khyber Pakhtunkhwa (KP), Islamabad, Gilgit-Baltistan (GB) police, Frontier Consta­bulary and Rangers have been deployed for PTI Chairman’s security.

    He added that the said licenses were revoked by the Interior Ministry, however, they are still performing security duties.

    Chairman Committee Aziz observed that Interior Minister Rana Sanaullah was invited eight times for this meeting, but he did not come to attend the meeting once.

    Senator Shahadat Awan remarked that instead of calling a meeting, the committee chairman could have directly asked the IGP about the issue.

    “An hour-long meeting costs Rs15 lakh from the national exchequer”, he pointed out.

    Federal Minister of Law and Justice, Azam Nazeer Tarar, said that despite concerns for flood victims, Imran Khan’s rallies were being held and abuses were being hurled. “This forum is not for discussing such matters,” he said.

    On Thursday, Imran Khan’s counsel, Babar Awan, informed the Anti-Terrorism Court (ATC) that Khan’s life is under threat.

    “IGP and Deputy Inspector General (DIG) Operations will be responsible if something happens to my client,” warned Babar.

  • Govt to conduct forensic audit of audio call between PTI leaders

    Govt to conduct forensic audit of audio call between PTI leaders

    Federal Law Minister, Azam Nazeer Tarar, has confirmed on Wednesday, (August 31) that the government will be conducting a forensic audit of two leaked audio calls between former Finance Minister Shaukat Tarin, Punjab Finance Minister Mohsin Leghari and Khyber Pakhtunkhwa Finance Minister Taimur Khan Jhagra.

    “Tarin did not obey his oath and attempted to prioritise politics over the state. This case falls under the category of rebellion against the state,” said Tarar, referring to the leaked audio call.

    Tarar also said that action will be taken according to the law once the forensic report is released.

    Read more: Leaked audio: PTI’s Shaukat Tarin allegedly advising finance ministers in Punjab, KP to sabotage IMF deal

    It is pertinent to mention here that on August 29, in a leaked audio, Tarin allegedly instructed Leghari and Jhagra in two separate calls, to write letters withdrawing from the International Monetary Fund’s (IMF) deal. At the time, the federal government was in talks to finalize the terms of a $1.6 billion bailout package for the country from IMF.

    Read more: ‘Yeh ab tai hogaya hai Imran Khan Pakistan aur 22 crore logo se zyada eham hain’: Twitter reacts to leaked audio

    Tarin, while speaking on a political talk show on Express News, said that he wants to tell Pakistanis that now their WhatsApp calls are also being tapped.

    “It was a WhatsApp call. I am disappointed that a WhatsApp call was being recorded. We can take up this matter legally,” said Tarin.

    Read more: ‘WhatsApp calls are being tapped’: Shaukat Tarin

    However, it remains unclear who recorded and released the alleged audio recording.

  • Govt to waive fees, give scholarships for university students in flood-affected areas

    Govt to waive fees, give scholarships for university students in flood-affected areas

    Federal Minister for Education Rana Tanveer Hussain has said on Thursday that the government has decided to provide relief to university students in flood-affected areas by waiving their fees and giving them scholarships.

    In a tweet, he said that he held a meeting with the Chair Higher Education Commission (HEC) and decided to facilitate the university students in calamity-struck zones.

    Under the relief package, the government would defer current/due university fee payments, devise a mechanism/possibility for a fee waiver and announce a special scholarship program (undergraduate and graduation) for students.

    Tanveer stated that in these pressing times the government stands firm with the people and would do whatever it takes for rehabilitation of flood victims.

    “Doing fund-raising, providing food and tents, and setting up medical camps and transitional schools is our top priority,” he added.

    In another tweet, the federal minister said that “Our Government under the able leadership of Prime Minister (PM) Shehbaz Sharif is fully committed to provide maximum relief to our people suffering from flood calamity. In these pressing times, we stand firm with our people and will do whatever it takes for rehabilitation.”

    Earlier today, Prime Minister (PM) Shehbaz Sharif announced that he will not be taking a scheduled official trip to the United Arab Emirates (UAE) to focus on relief and rescue operations. Foreign Minister (FM) Bilawal Bhutto-Zardari also cancelled his scheduled visit in late August to four European countries. Separately, the media wing of the armed forces, Inter-Services Public Relations (ISPR) also announced that Defense Day celebrations will be postponed to express solidarity with flood victims.

    Heavy monsoon rains in the country have triggered massive floods that have submerged a third of the country and killed at least 1,191 people. 27 more people died in the previous 24 hours on Thursday.

    Approximately 116 districts across the four provinces have been affected. Infrastructure, including bridges, roads, schools, homes and hospitals. According to World Health Organisation (WHO), 888 health facilities have been inundated with flood water.

  • Govt raises petrol price by Rs2.07 to Rs235.98 per litre

    Govt raises petrol price by Rs2.07 to Rs235.98 per litre

    The price of petrol was raised by the government on Wednesday by Rs2.07 per litre, making it Rs235.98 for the upcoming two weeks.

    Additionally, it announced a hike in the costs of kerosene oil by Rs9.79 per litre to Rs201.54, high-speed diesel by Rs2.99 per litre to Rs247.43, and light diesel oil by Rs10.92 per litre to Rs210.32.

    Contrary to what the market anticipated, the decision to raise gasoline prices, even more, was finally made. In the first half of September 2022, the market anticipated a price drop of up to Rs 20 per litre for the two main petroleum products—petrol and high-speed diesel.

    Expectations were sparked by a decline in the average exchange rate for the purchase of Pakistan State Oil (PSO), which fell from Rs227 in the first half of August to Rs217 in the next15 days.

    Similar to this, the premium paid on gasoline and HSD in the first half of August had decreased from $17 and $8.5 per barrel, respectively.

  • UK’s £1.5 million financial support for Pakistan flood victims termed ‘pathetically small’

    UK’s £1.5 million financial support for Pakistan flood victims termed ‘pathetically small’

    The International Development Committee (IDC) of the British Parliament has called the UK’s financial support for disastrous floods in Pakistan ‘risible’.

    The “pathetically small” amount of support provided, according to IDC chair Sarah Champion, made her feel ashamed. She further said that by choosing to take the money out of Pakistan’s current aid, the UK was really doing nothing for Pakistan.

    According to Independent, the contribution of up to £1.5 million announced last week, according to IDC chair Sarah Champion in a letter to foreign secretary Liz Truss, equals less than 5p for each individual impacted by the heavy rain that has devastated more than 700,000 homes.

    As soon as parliament reconvened on Monday after its summer recess, she requested Ms Truss make an urgent statement regarding the calamity.

    The response to the floods, according to Ms Champion, revealed Boris Johnson’s administration policy of continued apathy towards Pakistan, which has dropped from first to seventh in the list of countries receiving bilateral aid from the UK since 2019.

    Last week, Lord Ahmad, a minister in the Foreign Office, expressed his thoughts and prayers for the millions of people impacted by the floods that have apparently inundated a third of Pakistan’s territory. “The UK stands with the people of Pakistan during this time of need,” he said.

    And on Tuesday, Mr Johnson expressed his deepest sympathies for the Pakistani people, saying, “We have witnessed the destruction there, and it is truly heartbreaking.

    “Pakistan is traditionally one of the biggest recipients of UK overseas aid. We will of course make sure that we send a fitting package commensurate with the vital relationship that there is between the UK and Pakistan and people’s natural sympathies with those who have been affected by the floods.”

    However, Ms. Champion wrote to Ms Truss in her letter, saying, “Considering the scope and impact of the flooding, I was ashamed to read the government’s declaration of ‘up to £1.5m from the UK’ in humanitarian support on August 27, 2022.”

    “Even if the full £1.5m were delivered, it would amount to less than 5p for each person affected.”

    “Furthermore, that pathetically small sum will be subtracted from ‘existing support to Pakistan’. The UK government’s risible response to this humanitarian disaster arguably amounts to nothing.”

     “However, UK aid funding to Pakistan has been cut dramatically. Pakistan has fallen to seventh in the list of UK bilateral aid recipients since it experienced the largest single decrease in any country budget.”

    A Foreign Office spokesperson said that Ms Champion’s letter had been received and a response would be made in due course.

    It is important to note that Ahsan Iqbal, Pakistan’s Minister of Planning, previously estimated that the cost of the flood damage could reach $10 billion.

  • Bella Hadid wants your support finding the right organisations to help flood victims in Pakistan

    Bella Hadid wants your support finding the right organisations to help flood victims in Pakistan

    Supermodel Bella Hadid has requested her followers to guide her on ways to help the flood victims in Pakistan.

    Sharing a video on her Instagram stories, she wrote , “Finding real ways to help Pakistan.” 

    Floods triggered by incessant rains have killed more than 1000 people including 300 hundred children.

    The catastrophic flooding has rendered millions of people homeless during the last few days.

    Earlier this year, Bella claimed she was “shadow banned” by Instagram for posting about Palestine after Israeli authorities attacked worshippers at al-Aqsa Mosque on Friday.

    “If you really would like to silence me , just like the journalists, or really anyone trying to educate about Palestine, @instagram, I will continue to come forward with peace , showing factual information about how the IDF, Israeli government, and Settlers attack innocent Palestinians for no reason , except for simply being Palestinian. This is all a breach of human rights, and if you continue to sensor us, is the biggest form of bias and Unjust censorship.”

    “But I will not continue to sit here and have my peoples name be slandered as if they are constantly doing something wrong to deserve this kind of abuse. Absolutely UNPROVOKED abuse. In their home , and on their land, that they have lived in for hundreds of years. Especially now, during the holy month of Ramadan. This is unprovoked,” added Bella.

    Bella is an ardent advocate of women’s rights as well. In February, she had called out India for the discrimination faced by Muslim women for wearing hijab.

  • PM Shehbaz postpones UAE visit to ‘focus on rescue & relief’

    PM Shehbaz postpones UAE visit to ‘focus on rescue & relief’

    Prime Minister (PM) Shehbaz Sharif has on Thursday postponed his upcoming trip to United Arab Emirates (UAE) in order to focus on relief and rescue activities for flood victims in Pakistan.

    “I was set to visit the UAE on Sept 3 on the invitation of HH the President. We mutually decided to postpone the visit so that I could focus on the ongoing rescue & relief activities,” tweeted the PM.

    “We will forever be indebted to our brothers & sisters who have stood by us in this challenge,” wrote the premier thanking the Arab country for sending the first disbursement of relief goods worth $50 million for flood victims.

    Earlier, Foreign Minister and Pakistan People’s Party (PPP) Chairperson Bilawal Bhutto-Zardari postponed his official visit to four European countries in August to focus on relief and rescue operations in disaster-hit zones.

    The Pakistan Army has also postponed Defense Day ceremony to express solidarity with flood victims.

    As a result of the devastating floods, the death toll stands at 1,191, with an estimation that nearly one-third of the country is swamped with flood waters leaving more than 30 million people displaced from their homes. Approximately 116 districts across the country have been affected.

    The unprecedented floods have wreaked havoc on the country’s infrastructure as well, with bridges, roads, dams, power lines, schools and houses damaged by raging waters.

    World Health Organisation (WHO) has estimated that 6.4 million people are in need of urgent help while 888 health facilities have been damaged by the floods.

  • Army postpones Defence Day ceremony in solidarity with flood victims

    Army postpones Defence Day ceremony in solidarity with flood victims

    The Pakistan Army on Wednesday (August 31) postponed the Defence Day ceremony — to demonstrate solidarity with flood-affected Pakistanis. The ceremony is held every year on September 6 at GHQ in Rawalpindi.

    The announcement was made by Inter-Services Public Relations (ISPR) Director General, Major General Babar Iftikhar, in a tweet from his twitter account.
    “In solidarity with the flood-affected people of Pakistan, central ceremony at GHQ to commemorate Defence & Martyrs Day on 6 September has been postponed,” he wrote.

    “Pakistan Armed Forces shall continue serving our brothers and sisters struck by unprecedented floods,” he added.

    Devastating floods have left Pakistan reeling, with the death toll now standing at 1,191. According to the data issued by the National Disaster Management Authority (NDMA), 422 people have lost their lives in Sindh, 253 in Balochistan and 264 in Khyber Pakhtunkhwa (KP).

    It has been estimated that nearly one-third of the country is submerged in flood waters with more than 30 million people displaced from their homes. The raging waters have also wrecked havoc on the country’s infrastructure, with a number of roads, houses, schools and bridges damaged by the floods.

    The armed forces are engaged in rescue and relief operations along with provincial and federal administrations.

  • ‘Shame on her, stupid, tiny mind’: Mathira blasts Kiran Butt for age-shaming Mehwish Hayat

    ‘Shame on her, stupid, tiny mind’: Mathira blasts Kiran Butt for age-shaming Mehwish Hayat

    Actor Mathira has lashed out at model and host Kiran Butt for age-shaming superstar Mehwish Hayat. Kiran recently asked Khalil-ur-Rehman on Ahmad Ali Butt’s show that people speculate by Mehwish’s age a lot these days so is this the reason Qamar wouldn’t work with her?

    Mathira commented under a blog’s post who shared this video clip. The Raasta diva slammed Butt for her remarks. Mathira also wrote, “I bet Kiran is one of those girls who are stuck on 25 (years of age) for the next 25 years.”

    Earlier this month, Mathira took to her Instagram stories to hit out at fellow actress Kiran Tabier for her recent comment about the Blind Love diva. A fan recently told Kiran that she looks like Mathira’s twin sister.

    The Parizaad star expressed her disappointment on the same and sarcastically told the netizen that if she’s a woman, her thinking needs a salute.

    Mathira to Kiran

    Mathira responded to it by saying, “Being compared to me is not swearing or a bad word. But if u think then that’s your head Anyways. Apki Soch ko salam Karna Chahie. Why do people think I am that bad?”

    In March 2022, Mathira schooled senior actress Naima Khan for her remarks about a women’s body on Nida Yasir’s morning show. Naima Khan said on the show, “I get uncomfortable whenever I see someone fat. Though young girls are against me, I replied to them that I thought you are Aunty standing here. You should look like a girl.”

    She also discussed in the morning show that young girls should maintain their bodies so that they could prevent diseases such as blood pressure and diabetes.

    Netizens have expressed serious concerns over these statements on social media.

    Mathira referred to Naima an ‘aunty’ and told her to focus on herself. She thinks that Naima has an uneducated and toxic thought process, the Blind Love diva couldn’t comprehend how Naima could utter something so unethical during a morning show.