Tag: government

  • Govt warns IPPs to end Power Purchase Agreement or face forensic audit

    Govt warns IPPs to end Power Purchase Agreement or face forensic audit

    Owners of four Independent Power Producers (IPPs) set up under both 1994 policy 2002 policy have been directed to voluntarily discontinue the Power Purchase Agreement (PPA) and go into ‘pay-and-take mode’, an official privy to the dealings told The News.

    Official privy further said, “The government will not pay capacity payments anymore in the range of Rs139-150 billion per annum to the said IPPs for the next 3-5 years; this has been told to the proprietors of the said five IPPs. They have also been categorically told that the government has already made excess payments to the said IPPs in the form of capacity payments and returns on equity and has also paid the loans for the IPPs.”

    Meanwhile, the owner of IPP, the official said, responded that if the government pays RS 55 billion to his company, he will not only be ready to terminate the contract but also hand over the plant to the government.

    The main member of the task force has told IPP owners that there is no other option for them; if they don’t act, a forensic audit will initiate and recover extra profits they made in the past through wrongdoings.

    The 1994 governmental agreement with IPPs states that whether these power producers work at a hundred per cent efficiency or fifty per cent efficiency, they will be paid for their installed capacity.

    The agreement was based on a ‘take or pay’ policy (the government was bound to pay to IPPs even if no electricity was produced or supplied), not a “take and pay” policy.

  • Government to introduce 5-year economic plan under supervision of British economist Stefan Dercon

    Government to introduce 5-year economic plan under supervision of British economist Stefan Dercon

    A five-year economic plan for the development of Pakistan’s struggling economy has been prepared under the supervision of Belgian-British economist Stefan Dercon. Prime Minister Shehbaz Sharif is likely to launch it on August 14.

    Geo News reported that the proposed economic plan has been named the Stefan Dercon plan. It contains target of 6 percent annual economic growth target by 2028.

    The ambitious plan also emphasises on structural reforms to take the export target to $60 billion by 2028.

    The proposed plan prioritises the promotion of private investment and the increase in exports. The successful implementation of reforms is estimated to create one million employment opportunities annually.

    According to the Dercon Plan, the proposed plan’s results would be fairly visible by 2028, one year after the IMF programme ends.

    “The failure of structural reforms for growth in Pakistan is not due to a lack of ideas, but a lack of political will to implement these reforms,” warns the draft report.

    It also warns that Pakistan won’t get chances like this; therefore, the opportunity must not be wasted.

  • The government has only two months, Imran Khan predicts

    The government has only two months, Imran Khan predicts

    Founder of Pakistan Tehreek-e-Insaf (PTI) Imran Khan has predicted that the incumbent government, led by the Pakistan Muslim League-Nawaz (PML-N), will last only two more months.

    Inside Rawalpindi Adiala’s jail, the former Prime Minister told journalists, ‘’The government is plunging into a quagmire; however, the rulers are fools and unable to understand this.’’

    ’I am predicting this from prison that this government has only two more months.’’
    He also said he has enough time, but the incumbent rulers are running out of time.

    Earlier, Imran offered to negotiate with the stakeholders in power by selecting Chief Milli Awami Party (MAP) Mahmood Khan Achakzai from his side.

  • Sindh government will start testing for drugs in schools

    Sindh government will start testing for drugs in schools

    Sindh Information Minister Sharjeel Memon has announced that children in educational institutions will undergo drug tests, with positive results reported only to their parents.

    Memon highlighted that President Asif Ali Zardari, upon taking office, had directed officials to combat drug abuse, reflecting his concern over the rising trend of drug abuse.

    At the inaugural meeting of the high-powered anti-narcotics committee, Memon stated that if a child tests positive, only the parents will be informed, and the child will then be questioned about the source of the drugs, including suppliers, dealers, and their accomplices.

    The primary focus will be on making arrests.

  • Dengue cases rise amid monsoon rains in Lahore

    Dengue cases rise amid monsoon rains in Lahore

    Authorities have destroyed dengue larvae found in 1,555 locations in Lahore during the past 24 hours.

    According to reports, monsoon rains and changing weather have accelerated the spread of dengue. During this period, dengue larvae were discovered at over 1,500 sites, leading to 1,460 notices being issued.

    Samaa News reports that according to the Deputy Commissioner of Lahore, Rafia Haider, 95 cases have been filed for violations of SOPs.

    Authorities have issued notices to 47,539 individuals and registered 2,360 cases for serious SOP violations so far this year.

  • ‘Beep Pakistan’ should not be compared to WhatsApp, says government

    ‘Beep Pakistan’ should not be compared to WhatsApp, says government

    Minister of State for Information Technology (IT) Shaza Fatima Khawaja has clarified that the soon-to-be-introduced instant messaging application ‘Beep Pakistan’ should not be compared with WhatsApp.

    The National Information Technology Board (NITB) developed ‘Beep Pakistan’ and began its trial in August 2023 under the then-Information Technology Minister Aminul Haq.

    Government officers and Ministry of Information Technology experts have been using the application for the past year, and it is still being tested.

    Recently, complaints about slow internet speeds and difficulties running WhatsApp led to rumours on social media that the government plans to introduce ‘Beep Pakistan’ as an alternative to WhatsApp.

    However, Minister of State Shaza Fatima Khawaja has clarified that ‘Beep Pakistan’ is not intended as a public alternative to WhatsApp but will serve as an alternative at the government level.

    In an interview with the Arab broadcaster Al Jazeera, Shaza Fatima emphasised that it is incorrect to consider ‘Beep Pakistan’ as an alternative to WhatsApp or to compare the two.

    She stated that the government does not intend to present ‘Beep Pakistan’ as an alternative to third-party applications.

    According to the Minister of State, the app is still being tested within the Ministry of Information Technology, and in the second phase, testing will extend to more federal ministries.

    Shaza explained that ‘Beep Pakistan’ will be introduced as an official instant messaging application. The government will ensure its privacy and will use the app exclusively for government affairs.

    The app will function similarly to WhatsApp, but all services and data will remain under the control of the Government of Pakistan.

    The Government of Pakistan has also recently issued orders to implement electronic and e-systems in ministries and institutions to reduce time and costs associated with paper-based processes.

  • Students panic as HEC’s degree verification system malfunctions

    Students panic as HEC’s degree verification system malfunctions

    The Higher Education Commission’s (HEC) degree verification system in Lahore has been faulty since the past 10 days.

    According to HEC sources, the malfunction has resulted in the suspension of degree verification for hundreds of students, causing serious issues for those intending to pursue higher education abroad.

    Students have expressed frustration over their futile visits to the HEC office and lack of response. Despite submitting online applications, they have yet to receive the issued challans.

    In response, the HEC administration has indicated that the system’s malfunction originated in Islamabad. They have stated that once the system is repaired, students will receive their challans and appointment dates.

  • Petrol pumps going on nationwide strike from July 5

    Petrol pumps going on nationwide strike from July 5

    The Pakistan Petroleum Dealers Association has decided to close petrol pumps across the country starting from 6 am on Friday, July 5.

    The strike was announced after negotiations between the Association and the government fell apart.

    A delegation from the Pakistan Petroleum Dealers Association held meetings with the Finance Minister, Chairman of FBR, and Chairman of OGRA.

    Abdul Sami Khan, President of the Petroleum Dealers Association, stated that the strike may last for more than one day, according to an Aaj News report.

    People have been advised to keep petrol tanks filled until July 4, as pumps across the country will begin to run dry tomorrow night.

    He also mentioned that negotiations will not resume until the government reverses its decision. Fourteen thousand dealers across the country will shut down their pumps starting July 5.

    On the other hand, the Pakistan Oil Tankers Association has declared that it will not be part of the strike.

    Shams Shahwani, Chairman of the Oil Tankers Association, stated that petrol and diesel supplies will continue uninterrupted throughout the country. He believes that given the current circumstances, stopping the supply is not an option, and he wants to prevent inconvenience to customers.

  • Ali Abbas wants 18+ age limit, ID verification for social media

    Ali Abbas wants 18+ age limit, ID verification for social media

    Pakistan is going through huge regulations, with Twitter/X banned by the government and talks of a firewall underway in the country. 
    Recently, actor Ali Abbas appeared as a guest on the ‘FHM Podcast’ where he talked about the urgent need for regulations on social media.
    Ali Abbas said, “There should be an age limit of 18 years enforced and monitored, with users required to verify their identity using an ID card or passport before opening an account. The younger generation is losing their way, influenced by inappropriate content they encounter online.”

  • At least 30 killed in Kenya anti-government protests: HRW

    At least 30 killed in Kenya anti-government protests: HRW

    At least 30 people died in protests in Kenya this week sparked by a government drive to substantially raise taxes in the East African country, Human Rights Watch said Saturday.

    “Kenyan security forces shot directly into crowds of protesters on (Tuesday) June 25, 2024, including protesters who were fleeing,” the NGO said in a statement.

    “Although there is no confirmation on the exact number of people killed in Nairobi and other towns, Human Rights Watch found that at least 30 people had been killed on that day based on witness accounts, publicly available information, hospital and mortuary records in Nairobi as well as witness accounts,” the statement said.

    “Shooting directly into crowds without justification, including as protesters try to flee, is completely unacceptable under Kenyan and international law,” said Otsieno Namwaya, associate Africa director at Human Rights Watch.

    “The Kenyan authorities need to make clear to their forces that they should be protecting peaceful protesters and that impunity for police violence can no longer be tolerated,” Namwaya added.

    The largely peaceful rallies turned violent on Tuesday when lawmakers passed the deeply unpopular tax increases following pressure from the International Monetary Fund (IMF).

    After the announcement of the vote, crowds stormed the parliament complex and a fire broke out in clashes unprecedented in the history of the country since its independence from Britain in 1963.

    President William Ruto’s administration ultimately withdrew the bill.

    – IMF pressure –

    The state-funded Kenya National Commission on Human Rights said it had recorded 22 deaths and 300 injured victims, adding it would open an investigation.

    “Eight military officers came out and just opened fire on people. They killed several people, including those who were not part of the protests,” HRW quoted a rights activist in Nairobi as saying.

    “Kenya’s international partners should continue to actively monitor the situation… and further urge Kenyan authorities to speedily but credibly and transparently investigate abuses by the security forces,” the rights watchdog said.

    Ruto had already rolled back some tax measures after the protests began, prompting the treasury to warn of a gaping budget shortfall of 200 billion shillings ($1.6 billion).

    The cash-strapped government had said previously that the increases were necessary to service Kenya’s massive debt of some 10 trillion shillings ($78 billion), equal to roughly 70 percent of GDP.

    The Washington-based IMF has urged the country to implement fiscal reforms in order to access crucial funding from the international lender.

    “The bill was  expected to raise an additional $2.3 billion in the next fiscal year, in part to meet IMF requirements to increase revenues,” HRW said.

    “Widespread outrage should be a wake-up call to the Kenyan government and the IMF that they cannot sacrifice rights in the name of economic recovery,” Namwaya said.

    “Economic sustainability can only be achieved by building a new social contract that raises revenues fairly, manages them responsibly, and funds services and programs that protect everyone’s rights.”

    sva/ach/smw

    © Agence France-Presse