Tag: government

  • Petrol price unchanged, diesel price slashed by Rs5 per litre

    Petrol price unchanged, diesel price slashed by Rs5 per litre

    The federal government has announced a reduction in the price of diesel by Rs5 per litre, effective immediately, while maintaining the price of petrol for the next two weeks.

    Finance Minister Ishaq Dar said that the prices are revised to provide “maximum relief” to the public, following the directives of Prime Minister Shehbaz Sharif. In addition to the decrease in diesel prices, there will be a reduction of Rs10 per litre in the prices of Kerosene oil and Light Diesel Oil (LDO).

    The new prices have been set at Rs282 per litre for petrol, Rs288 per litre for high-speed diesel, Rs176.07 per litre for kerosene oil, and Rs164.68 per litre for light diesel oil. Diesel is widely used in the transport and agriculture sectors, so the price reduction could have a positive impact on inflation and provide some relief to farmers, particularly as the crop-harvesting season is underway.

    However, consumers are already facing high prices, which are especially burdensome for the low-income group who use motorbikes and small cars.

    In its previous fortnightly announcement, the federal government increased the price of petrol by Rs10 and the price of kerosene oil by Rs5.78, citing the increase in petroleum prices in the international market and exchange rate variations as the reason for the increase.

  • Dar tells PTI that govt has nothing to do with raid at Elahi’s residence

    Dar tells PTI that govt has nothing to do with raid at Elahi’s residence

    Finance Minister Ishaq Dar has talked to Pakistan Tehreek-e-Insaf (PTI) Senior Vice President Shah Mahmood Qureshi via telephone, discussing last night’s raid at former Chief Minister (CM) Pervaiz Elahi’s residence in Lahore.

    Dar distanced the federal government from the incident and blamed the Punjab government for it, while expressing grief over the raid that has been criticised for using excessive force.

    The minister said that he would forward PTI’s reservations to the ruling alliance and would get back to them.

    Meanwhile, Dar’s party fellow and Planning Minister Ahsan Iqbal criticised the PTI leaders for “using women and children” as a shield to evade arrest.

    Apparently justifying the raid, the minister said both PTI Chairman Imran Khan and Elahi were not arrested when police conducted a raid at their residence.

    The raid has put talks between PTI and the government, to reach a consensus on a date for election, in jeopardy. The final and third round of negotiations will be held on May 2 (Tuesday).

  • CJ Bandial admits Supreme Court can’t force govt into negotiations on election delay

    Chief Justice of Pakistan, Umar Ata Bandial has admitted on Thursday that the Supreme Court cannot force the government to hold negotiations with Pakistan Tehreek-e-Insaf (PTI) on the matter of delay in polls in Khyber-Pakhtunkhwa (KP) and Punjab.

    The three member bench, comprising of Justices Bandial, Ijazul Ahsan and Munib Akhtar, barely heard the case for an hour, calling for a sudden adjournment with the Chief Justice stating that a detailed order will be issued later.

    During last week’s hearing, the apex court had told political parties to hold dialogue on April 26 and report to the court. The coalition-led federal government, however, has held no dialogue and refused to accept the April 4 verdict, calling into question the legality of the bench.

  • Pakistan fails to meet Hajj quota due to rising inflation and dollar shortage

    Pakistan fails to meet Hajj quota due to rising inflation and dollar shortage

    On Wednesday, sources within the Ministry of Religious Affairs reported that the government has decided to return Pakistan’s quota of Hajj pilgrimage to Saudi Arabia due to a shortfall of applications caused by rising inflation.

    This year marked the first time a quota for Hajj pilgrimage was available in the country, but the shortage of dollars and rising inflation prevented Pakistanis from applying for Hajj.

    The final decision to return the Hajj quota will be made by the federal cabinet. The authorities considered giving the official Hajj quota to private operators after a few applications turned out for the government scheme. However, this option would lead to private operators collecting dollars from the open market, causing unnecessary demand for foreign currency.

    Pakistan had been demanding an increase in the Hajj quota, allowing 179,210 pilgrims to 202,000 or 201,000 pilgrims. This year, the country received its complete quota of 179,000 pilgrims after many years but couldn’t utilize it entirely. It’s worth noting that the cost of government-sponsored Hajj is around Rs1.2 million.

    Due to an acute shortage of the greenback amid the collapsing economy, the Ministry of Religious Affairs and Interfaith Harmony decided to allocate a 50% special quota in the Government Hajj Scheme-2023 for pilgrims who will pay in US dollars. However, a quota of 89,605 Hajj pilgrims was set under the government scheme, falling short of 9,000 applicants.

    The government received 72,869 applicants under the regular scheme and only 8,000 under the sponsorship scheme. Moreover, 28,679 additional applications were received under the official regular scheme against the quota of 44,190. Additional applicants are being sent for Hajj pilgrimage without a lucky draw.

    The sources indicated that a total of $235 million is required for the government scheme, some of which will be provided by the sponsorship scheme and the rest by the government.

  • Khan buys bulletproof gate for Zaman Park house worth Rs15 lakh

    Khan buys bulletproof gate for Zaman Park house worth Rs15 lakh

    Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan has bought a new bulletproof gate for his Lahore residence in Zaman Park amid fear of a possible operation by the government.

    The gate, which has now been delivered, has reportedly cost between Rs12 lakh and Rs15 lakh.

    On Monday, Khan apprised the Lahore High Court (LHC) that he had “concrete information” of another “attack” at his Zaman Park residence during the Eid holidays.

    In March, Punjab police launched an operation in Zaman Park when Khan was on his way to Islamabad to appear before the court in the Toshkahana case.

    The police crashed into the gate before entering the premises.

  • Stampede for ration kills 11 in Karachi including three children

    Stampede for ration kills 11 in Karachi including three children

    A stampede at a private charity food ration distribution site in Karachi’s SITE industrial area on Friday left at least 11 people dead, including three children.

    Eyewitnesses and rescue workers reported that several people fell into a nullah at the location during the stampede. Reports suggest that some of the victims were electrocuted as an electricity power-line had fallen into the nullah.

    Several people, including women and children, also fell unconscious during the incident.

    The Abbasi Shaheed Hospital received nine bodies and six injured victims, while the Civil Hospital received two dead bodies, bringing the death toll to 11.

    The incident is one of several recent deadly stampedes at free food and flour distribution sites across the country as the population struggles with rising inflation.

    The government launched the flour distribution programme to reach millions of families in need during the holy month of Ramzan that began last week.

    Sindh Chief Minister Murad Ali Shah has ordered an inquiry into the incident and expressed sorrow over the loss of lives.

    Leader of the Opposition in the Sindh Assembly Khurram Sher Zaman demanded a transparent inquiry and action against those responsible for the incident, blaming the government for the people’s carelessness.

  • Punjab govt imposes ‘complete ban’ on departmental iftar parties due to economic situation

    Punjab govt imposes ‘complete ban’ on departmental iftar parties due to economic situation

    The Services and General Administration Department (S&GAD) of Punjab has recently released a notification that prohibits government departments from organising Iftar parties.

    According to The News, the reason behind this move is the economic crisis faced by the country, and therefore, the government has advised against giving expensive gifts to departmental delegations during Ramzan. The notification, however, exempts diplomats and foreign guests from these bans.

    The notification highlights the significance of simplicity during the holy month and emphasizes the government’s commitment to celebrate it simply. It is essential to recognise Pakistan’s current economic circumstances and avoid hosting costly Iftar celebrations that might put a strain on the country’s financial resources.

    As a result, all government offices have been advised to follow these guidelines and avoid preparing lavish presents for local delegates. The administration acknowledges the importance of observing Ramzan in a more simple and conscientious manner that is consistent with the country’s economic position.

    This move by the Punjab government demonstrates a responsible and prudent approach towards managing the country’s resources during these challenging times. By promoting modest celebrations during Ramzan, the government aims to set an example for citizens and encourage them to prioritise their spending wisely.

    Furthermore, exempting foreign guests and diplomats from the ban ensures that Pakistan’s image remains positive while still taking necessary measures to address economic challenges.

  • Political arrests show our politicians have learnt nothing

    Pakistan Tehreek-e-Insaf’s (PTI) social media head Azhar Mashwani went missing outside his house on Thursday when he was taking a cab to Zaman Park. His brother has lodged an FIR of his kidnapping. PTI has alleged that Azhar has been illegally abducted by the authorities. It is indeed quite alarming that three days have passed since he went missing from Lahore and yet there is no news about his whereabouts. Imran Khan has condemned the police in Punjab and Islamabad for “breaking all laws with impunity as they target PTI”. The recent targeting of PTI leaders and workers, including Fawad Chaudhry, Hassaan Niazi, and now Mashwani shows that our political parties have not learnt anything and will do the same when they come in power which they condemned when they were at the receiving end of the same treatment during the regime of their political opponents.

    Two wrongs don’t make a right is something we often hear, but we don’t see this being professed in Pakistan. Witnessing the wrongs in the politics of Pakistan, it is safe to say that no one learns from past mistakes. For years, we have seen politics in our country. The people in power change, and their faces change, but their means and tactics to settle scores remain the same, and this vicious cycle continues. In the last few months, we have seen how the PTI leaders and workers have been arrested on frivolous charges just like workers and leaders of the Pakistan Muslim League-Nawaz (PML-N), Pakistan People’s Party (PPP) or others when the PTI was in power. For years now, we have seen some very powerful sectors influencing decision-making both in politics and otherwise. The political arena is overshadowed by these mighty decision-makers and their idea of politics. Every time a politician is arrested to silence him or her, it just shows a flagrant disregard for the law of the land.

    An arrest should only be made if, and only a crime has been committed or one is found guilty of any wrongdoing. Arrests on frivolous charges are not the answer to silence opinion. Democratic countries allow dissent. We have seen journalists and activists being arrested or picked up because of their views and opinions. The PDM government, which was a victim of such brutal policies in the past, has now made it abundantly clear that it will go to the same lengths to arrest Khan and his supporters. However, this vicious cycle must end. It is the responsibility of the political class to decide if they want to continue with settling scores and political victimisation or they want to put a stop to it. All politicians, be they in the government or the Opposition, need to unite on this point. Otherwise, such arrests and disappearances will continue. This culture must stop and change because political arrests will get us nowhere. A country facing multiple crises – from economic to political – needs stability. Not more chaos.

  • Govt announces Rs50 per litre petrol subsidy for low-income individuals

    Govt announces Rs50 per litre petrol subsidy for low-income individuals

    The government has announced a relief package for low-income individuals in the form of a petroleum subsidy worth Rs50 per litre. This announcement was made during a meeting chaired by Prime Minister (PM) Muhammad Shehbaz Sharif on Sunday.

    The Prime Minister directed that consumers using small vehicles such as motorcycles, rickshaws, and 800-CC vehicles will be included in the subsidy scheme. He also instructed relevant authorities to finalise the scheme as soon as possible to ensure its effective implementation.

    The Prime Minister emphasized that this subsidy will provide much-needed relief to low-income individuals, as they are the primary users of small vehicles. Despite the severe economic difficulties faced by the country, the government is committed to assisting the poor in every way possible.

    During the meeting, Minister of State for Petroleum Musadik Malik briefed participants on the strategy for implementing the subsidy to low-income individuals.

  • Govt hikes petrol price by Rs5 to Rs272 per litre to match global market changes

    Govt hikes petrol price by Rs5 to Rs272 per litre to match global market changes

    As per a press release from the Finance Division, the government has decided to raise the price of petrol by Rs5 per litre to Rs272 per litre for the next two weeks, effective from March 16 (Thursday).

    The statement noted that the increase was due to the rise in Platts Singapore prices over the past two weeks and the depreciation of the Pak Rupee, resulting in a hike in petroleum, oil, and lubricant (POL) products in Pakistan.

    The notification further disclosed that the price of high-speed diesel has been increased by Rs13 per litre to Rs293 per litre, and kerosene has been raised by Rs2.56 per litre to Rs190.29 per litre by reducing government dues on them. However, the price of light diesel oil has been kept constant at Rs184.68 per litre by adjusting government dues.

    It’s worth mentioning that Finance Minister Ishaq Dar had previously announced a reduction in petrol prices by Rs5 per litre on February 28.