Tag: Pakistan

  • ‘Whatever is happening is the result of your actions’; IHC slams Imran’s lawyers

    ‘Whatever is happening is the result of your actions’; IHC slams Imran’s lawyers

    The Islamabad High Court (IHC) on Wednesday morning slammed former Prime Minister Imran Khan’s legal team as a hearing began on a petition filed by Pakistan Tehreek-e-Insaf (PTI) challenging arrest warrants for the Chairman on security grounds.

    PTI had filed the plea on Tuesday and requested a hearing on the same day. However, the Registrar raised objections because there was no biometric verification on the application.

    IHC Chief Justice Amir Farooq began hearings by asking Imran Khan’s counsel if they had removed the Registrar’s objections. PTI lawyer Khawaja Haris replied that what is happening in Lahore is known.

    “Whatever is happening is a result of your actions,” replied the Chief Justice.

    He also said that the plea is yet to be fixed, and he will hear it once it is fixed for hearing. Khawaja Haris asked the court to fix 12PM for the hearing.

    Meanwhile, Imran Khan tweeted on Wednesday morning that the real intent of arrest was to “abduct and assassinate” him.

  • Donald Blome assures Pakistan of US cooperation on IMF deal

    The US Ambassador to Pakistan, Donald Blome, expressed hope for a deal between Pakistan and the International Monetary Fund (IMF), stating that Washington was prepared to support the country’s efforts to resume its stalled $6.5 billion bailout program.

    Speaking at an event on Tuesday, Blome assured journalists that the IMF bailout package for Islamabad would take its final shape in a couple of days. He added that the United States was ready to cooperate with Pakistan to help address the issue and expressed a willingness to help Islamabad with its ongoing terrorism challenges.

    Blome recently visited important cities in Pakistan to meet with groups from different walks of life and noted that there had been significant progress in diplomatic relations between the two countries.

    Pakistan and the IMF have been in discussions regarding a stalled bailout package since late last year, with the country seeking a $1.1bn tranche to address its worsening balance of payments crisis and to enable friendly affluent capitals to provide assistance to overcome ongoing financial complexities.

    Both sides are engaged in negotiations to reach a mutually agreeable package that would help the cash-strapped nation come out of its ongoing economic turmoil.

    Interestingly, Finance Minister Ishaq Dar had previously stated that Pakistan would strike a staff-level agreement (SLA) with the IMF in a few days, as the government remained committed to completing the loan program signed in 2019.

    However, after failing to convince the lender, Dar had reportedly contacted the US envoy earlier this week to get “lenient treatment” from the Fund, which has been persistent with its demands.

  • After much drama, IK’s arrest warrant suspended

    After much drama, IK’s arrest warrant suspended

    Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan’s arrest warrant has been suspended till March 16 in a case registered against him for hurling threats at a female judge, Zeba Chaudhry.

    At the outset of the hearing today (Tuesday), Khan’s legal team challenged the arrest warrants.

    A day earlier, non-bailable arrest warrants were issued by a district and sessions court in Islamabad.

    According to Geo News, Islamabad Police reached Lahore via helicopter to arrest him, however, he was not incarcerated.

    In August 2022, Imran Khan threatened police officials as well as the judiciary over the alleged custodial torture of Shahbaz Gill and announced that his party would file cases against Inspector General of Police (IGP) Dr Akbar Nasir Khan, the DIG and Additional District and Sessions Judge Zeba Chaudhry.

    Court issues non-bailable arrest warrants for Khan in Judge Zeba Chaudhry case

    On Monday, a district and sessions court in Islamabad issued a non-bailable arrest warrant for Khan for failing to attend hearings of a case registered against him for hurling threats at a female judge.

    The PTI filed a plea requesting an exemption for personal appearance for Khan.

    However, Judge Rahim issued a warning that non-bailable arrest warrants could be issued for the former prime minister if he failed to appear before the court on Monday.

  • Pakistan reaches out to US for assistance in obtaining IMF deal

    Pakistan reaches out to US for assistance in obtaining IMF deal

    Pakistan has requested assistance from the United States to obtain “lenient treatment” from the International Monetary Fund (IMF) due to a delay in signing the staff-level agreement (SLA).

    The international lender has asked Pakistan to confirm external financing needs of $6 to $7 billion from Saudi Arabia, the United Arab Emirates, Qatar, and multilateral creditors until the end of June 2023.

    However, Pakistan has been unable to persuade the lender to sign the agreement and has requested assistance from Washington and its western allies.

    According to The News, Minister for Finance Ishaq Dar has contacted the US diplomatic corps based in Islamabad for help in ending the stalemate.

    The IMF considers that the loan facility’s “sustainability” could not be guaranteed without full assurance of external financing.

    Furthermore, the IMF has demanded a permanent abolition of power sector subsidies, which the government had only committed to until the end of the next financial year 2023-24.

    The IMF demanded changes in the wording of the Memorandum of Economic and Financial Policies (MEFP) during the last meeting held in the previous week.

    The IMF and Pakistani sides are yet to decide on further proceedings, with each side holding the other responsible for the delay in signing the SLA.

  • Hania Aamir reveals reason for dropping out of college

    Hania Aamir reveals reason for dropping out of college

    Hania Aamir is currently a hot favourite because of her stellar performance as Maheer in ‘Mujhe Pyaar Hua Tha’. It hasn’t always been smooth sailing for the actress, who has spoken up about her personal struggles on screen.

    As a guest on the show ‘The Fourth Umpire’, Aamir was asked about education. The actress revealed that she was a college drop out:

    “I was a good student..I left because I started acting.”

    The actor explained that she had started making money from her career, and had to support her family:

    “I need money and I needed to manage my house since I was the breadwinner of my family. Luckily, acting came along and I was good at it.”

    Listen to the complete interview below:

  • Monitoring committee takes action against use of luxury cars by officials to cut expenses

    Monitoring committee takes action against use of luxury cars by officials to cut expenses

    State-run Radio Pakistan has reported that the monitoring committee responsible for overseeing the implementation of austerity measures has expressed serious concerns about some officers using vehicles above 1,800cc.

    The committee, chaired by Finance Minister Ishaq Dar, met in Islamabad on Monday to review the implementation of the decisions made at its first meeting regarding austerity measures. As part of an austerity drive to save the government Rs200 billion ($766 million) a year, Prime Minister Shehbaz Sharif had asked ministers and advisers to fly economy class and forgo luxury cars and their salaries.

    These cuts were made as Pakistan, facing a balance of payment crisis, negotiates with the International Monetary Fund (IMF) to secure $1 billion in funds that have been pending since late last year over policy issues.

    The meeting today was updated on the status of the use of luxury vehicles and was informed that a majority of the allocated vehicles have been returned by cabinet members. However, the committee expressed concerns over the non-return of the remaining luxury vehicles and directed the Cabinet Division to strictly implement the decision and retrieve the luxury vehicles within three days. The committee also discussed the withdrawal of the use of security vehicles and decided to implement the decision.

    Furthermore, the Ministry of Law and Justice was tasked with suggesting the implementation of austerity measures in the judiciary to the superior judiciary and approaching the Senate chairman and National Assembly speaker to suggest the use of teleconferences for all meetings to save time and expenditure. The Ministry of Inter-Provincial Coordination has also approached provincial governments to suggest the implementation of similar austerity measures.

    The committee also deliberated on working timings and decided that the new timing for office work will be 7:30 am to 2:30 pm, and up to 12:30 pm on Fridays, starting from the first of Ramzan and will be followed in the summer season, as per the cabinet’s decision. A notification will be issued accordingly. The finance minister, speaking at the occasion, directed all to expedite the implementation of austerity measures with sincerity and true spirit without any exception. These cuts are part of an effort to prevent an economic meltdown as Pakistan’s foreign exchange reserves have fallen below a month’s import cover.

  • Maryam Nawaz and Fawad Chaudhry clash on Twitter after he accuses her of getting watch from Toshakhana

    Maryam Nawaz and Fawad Chaudhry clash on Twitter after he accuses her of getting watch from Toshakhana

    Pakistan Tehreek-e-Insaf (PTI) senior leader Fawad Chaudhry on Sunday accused Pakistan Muslim League-Nawaz (PML-N) Senior Vice President Maryam Nawaz of retaining a watch from Toshakhana and said that she should be summoned by National Accountability Bureau (NAB).

    He also claimed that this matter should be investigated because “a private citizen got a 2 crore worth watch for 10 lac.”

    Reacting to this, Maryam tagged her Political Secretary Zeeshan Malik to report Fawad for “propagating lies”.

    On Monday, Fawad took to Twitter to share that Federal Investigation Agency (FIA) has taken notice of his accusation within a few hours of Maryam’s tweet and pointed out that Supreme Court is quiet when the rights of citizens are suspended in the country.

    In the notice attached with the tweet, the FIA purportedly had asked Fawad to appear in person on Friday (March 17). The tweet was later deleted.

    The Cabinet Division made records of the Toshakhana available to the public on Sunday night.

    Aaj News also aired the false claim related to Maryam, but later apologised to the PML-N leader. However, Maryam Nawaz said that she will take legal action against the channel.

    In a tweet, Maryam said she will lodge a complaint with Pakistan Electronic Media Regulatory Authority (PEMRA) against journalist Amir Mateen for also airing the false claim.

  • Pakistani rupee reverses marginal gains, closes at Rs281.61 against US dollar

    Pakistani rupee reverses marginal gains, closes at Rs281.61 against US dollar

    On Monday, the Pakistani rupee faced renewed pressure against the US dollar, declining by 0.30 per cent in the inter-bank market after posting marginal gains on Friday. According to the State Bank of Pakistan (SBP), the rupee settled at Rs281.61, representing a decrease of Re0.84.

    Despite the rupee having found some relief on Friday with a 0.54 per cent appreciation in the inter-bank market, the currency had depreciated by 0.82 per cent against the US dollar during the previous week.

    The SBP has received inflows from China, which have provided support to critical levels of foreign exchange, but concerns over the delay in the International Monetary Fund (IMF) programme have continued to impact sentiment.

    Miftah Ismail, former Federal Finance Minister, suggested on Sunday that Pakistan should ensure 15 per cent tax on Gross Domestic Product (GDP) and 15 per cent exports to GDP in order to avoid the need for IMF programs.

    Internationally, the US dollar experienced a sharp decline on Monday due to the sudden collapse of Silicon Valley Bank (SIVB). The US government announced various measures on Monday to mitigate the impact of the bank’s collapse, including ensuring access to deposits for SVB customers and depositors of New York’s Signature Bank.

  • Real estate in Pakistan is ‘parking lot’ for untaxed money with support of DHAs and Army, says former FBR chairman

    Real estate in Pakistan is ‘parking lot’ for untaxed money with support of DHAs and Army, says former FBR chairman

    Shabbar Zaidi, the former Chairman of the Federal Board of Revenue in Pakistan, stated that only 300 companies out of the entire business sector in the country pay 70 per cent of the total taxes collected.

    According to Dawn, Zaidi dismissed the claims of some businesses that there were too many taxes in Pakistan and no dividends. He pointed out that the real estate was the “parking lot” of untaxed money, and that with the support of the DHAs and army, a system had been developed to officially launder money through real estate, which had perpetual amnesty in the country.

    He called for removing DHAs from the real estate business as there could not be fair competition between a state institution and private businesses in real estate, and also suggested that plots of land should be confiscated if construction was not done on them.

    Kashif Anwar, the president of the Lahore Chamber of Commerce and Industry, argued in favor of amnesty on undeclared foreign reserves to bring money back to the country.

    In another session, Tassaduq Hussain Jillani, the former Chief Justice of Pakistan, acknowledged that criticism of the Supreme Court for messing up big corporate cases was justified as the judges were not expert at finance and economics.

    Jillani suggested the formation of commercial benches in the SC and high court for such cases. In a session on local governments, Ammar Ali Jan, the general secretary of Haqooq-i-Khalq Party, criticized the absence of local government in the country, citing examples of polluted water and waste management issues.

  • Is Shae Gill planning on acting in Pakistani dramas?

    Is Shae Gill planning on acting in Pakistani dramas?

    Shae Gill became the breakout star of 2022 after Pasoori, her debut duo with Ali Sethi on Coke Studio, dazzled listeners across the globe. She is now singing at international concerts and has become an Equal Ambassador for Spotify.

    So what’s next for the singing sensation? We have seen Pakistani singers making their way to the big screen or television, like Atif Aslam, who had starred in the film ‘Bol’ and then ‘Sang-e-Mah’. Will Gill be following in on their footsteps?

    In an interview with Aamna Haider Isani, Gill revealed that she did receive offers to act in dramas and play the role of asinger, but she rejected it.

    “If the script would have been nice then I would have been ok..” she admitted.

    Later on in the interview, Gill agreed that a lot of Pakistani singers have decided to perform as actors, but she will only do so if she finds a good script:

    “My generation doesn’t really watch dramas all that much. We do, but very few. I’ve seen Udaari, I’ve seen Humsafar, a little bit of Bhaagi…they were outstanding..But if a good script comes along, then I could try.”

    Listen to the full interview below: