Tag: PMLN

  • PM Shehbaz rejects OGRA’s proposal, petrol price to remain unchanged till April 30

    PM Shehbaz rejects OGRA’s proposal, petrol price to remain unchanged till April 30

    Pakistan’s new Prime Minister (PM) Shehbaz Sharif on Friday dismissed the proposal from the Oil and Gas Regulatory Authority (OGRA) to raise the price of petroleum products for the fortnight. The recent decision is aimed at providing relief to the public affected by inflation.

    It is worth noting that the present government’s choice to maintain the same prices will oblige it to provide another substantial subsidy till the end of April 2022.

    Earlier, OGRA suggested to the Finance Division that the price of petrol be increased by Rs21.50 and that of diesel be hiked by Rs51.30 in view of the current petroleum levy and general sales tax (GST).

    Read more: Massive hike of Rs83.5 for petrol, Rs119 for diesel proposed by OGRA

    The authority also proposed a hike of Rs83.50 per liter of petrol and Rs119.88 per liter of diesel considering the federal government’s recommended petroleum levy of Rs30 and 17 per cent GST, as per the official statement.

  • PML-N protests outside my home remind me of being ‘back in 90s Lahore’: Jemima

    PML-N protests outside my home remind me of being ‘back in 90s Lahore’: Jemima

    Former Prime Minister (PM) Imran Khan’s ex-wife Jemima Goldsmith shared a poster by Pakistan Muslim League-Nawaz (PML-N) leader Abid Sher Ali, for calling a protest outside her home in London on Sunday, April 17.

    “Protests outside my house, targeting my children, antisemitic abuse on social media. It’s almost like I’m back in 90s Lahore,” tweeted Jemima.

    Reacting to the protest, Journalist Hamid Mir said, “PTI must stop protesting outside the house of Nawaz Sharif in London and PML-N should not do the same outside the house of Jemima Khan those who live in glass houses should not throw stones at others.”

    Jemima replied: “The difference is that I have got nothing to do with Pakistani politics and neither have my children. They are low-key private individuals who are not even on social media.”

    As per reports, PML-N has decided to protest outside the home of the Goldsmiths in London on Sunday. Party representatives in the United Kingdom (UK) say that since Pakistan Tehreek-e-Insaf (PTI) supporters protest outside the home of Nawaz Sharif, they will also protest outside the home of Jemima where Khan’s sons and daughter live.

    Abid Sher Ali dropped an unwarranted tweet: “There will be a protest outside the house of Imran Niazi’s ex-wife in London on Sunday. So that his children also know how mean their father is.”

    He also replied to Goldsmith’s reaction, saying: “There is only one person responsible for this: Imran Khan. He has ordered attacks and protests outside homes of his political opponents, he incites hate, homophobia and terrorism on daily basis. Our protest will be peaceful and non-violent. Condemn Imran Khan.”

    Goldsmith and Khan parted ways in 2004.

  • 57% people happy with Imran Khan’s removal: Survey

    57% people happy with Imran Khan’s removal: Survey

    According to Gallup Pakistan survey, 57 per cent of people are happy with the removal of Imran Khan through the no-confidence motion while 43 per cent are angry with the outcome.

    71 per cent of happy individuals cite rising inflation and poverty as the main reasons for their happiness while 11 per cent didn’t specify any reason.

    For those who were unhappy, the highest reason stated was that Khan was an honest person and a great leader while 15 per cent of people say that they simply like Khan.

    Moreover, the survey states that 53 per cent of males are happy with Khan being gone and 62 per cent of females are happy with the no-confidence motion’s result.

    The high number of happy people is in Sindh with 60 per cent, Punjab stands at second place with 57 per cent and Khyber Pakhtunkhwa stands at third place with 53 per cent.

    As per the Gallup survey, a great majority of 90 per cent have the intention to vote for Pakistan Muslim League-Nawaz (PML-N) while only seven per cent say that they will vote for Pakistan Tehreek-e-Insaf (PTI).

    It is pertinent to mention that Khan was removed as a Prime Minister on April 9 by the National Assembly (NA).

  • Shehbaz Sharif – the 23rd Prime Minister of Pakistan

    Shehbaz Sharif – the 23rd Prime Minister of Pakistan

    The Joint Opposition’s candidate Shehbaz Sharif was elected as the 23rd Prime Minister of Pakistan, after the former Prime Minister Imran Khan was voted out of office through a no-confidence motion on Saturday, April 9.

    Shehbaz bagged a total of 174 votes as opposed to PTI’s candidate Shah Mahmood Qureshi. Qureshi received no votes after his party decided to boycott the polling process.

    Pakistan Muslim League-Nawaz’s (PML-N) Ayaz Sadiq presided over the session after Deputy Speaker Qasim Suri said his conscience did not allow him to conduct the session.

    Born in Lahore in 1950, Shehbaz is the younger brother of PML-N supremo Nawaz Sharif. Shehbaz has served three times as Punjab’s chief minister.

    Taking the floor, the newly-elected prime minister Shehbaz Sharif said that it was for the first time in the history of Pakistan that a prime minister was ousted through the no-confidence motion.

    April 11 historic day

    Terming April 11 a “historic day”, he mentioned that the happiness of the people can be seen through the economic indicators. Shehbaz mentioned that the rupee regained its value — which was trading at Rs190 per dollar and closed at Rs182 per dollar today.

    ‘Will probe threat letter’

    The newly-elected prime minister said the Opposition was discussing the no-confidence motion days before Imran Khan’s “concocted threat letter controversy”.

    “They say that this letter came to them on March 7, but our decisions were made way before that, so, if [what the previous government claimed] is a lie, then the matter should be disclosed transparently before the public,” he said.

    PM Shehbaz Sharif announced that the parliament’s security committee would be given a briefing on the “threat letter” to the members of the committee in presence of the armed forces personnel and bureaucrats — the director-general Inter-Services Intelligence, foreign secretary, and the ambassador who wrote it, who has now been transferred to Brussels.

    “If there’s an iota of evidence that we were backed by foreign conspirators […] then with you Mr speaker and God as my witness, I will not think for another second and resign from the office of the prime minister,” PM Shehbaz Sharif said, vowing to hold an in-camera session of the security committee at the earliest.

    Economy

     Shehbaz Sharif said that hard work was required for Pakistan’s progress as if only statements could move the country forward, then during PTI’s tenure, we would have been among the leading nations.

    “We will need to wash out the effects of the previous government by working together, otherwise, we will fail […] our economy is in a bad situation right now,” the prime minister said.

    “We will need to wash out the effects of the previous government by working together, otherwise, we will fail […] our economy is in a bad situation right now,” said PM Shehbaz.

    “The minimum wage will be jacked up to Rs25,000 (from April 1). 10 per cent increase in pensions of retired civil, and military officials (from April 1). Cheap wheat to be introduced at utility stores.”

    “Laptop and technical education for youth. Reintroduction of Benazir Card. Appeal to industrialists to increase salaries of employees who earn up to Rs100,000 by 10 per cent.”

    Shehbaz’s take on foreign policy

    Shehbaz said China has been Pakistan’s partner through thick and thin. “No one can snatch Pakistan and China’s friendship from us,” he said, calling it a “long-lasting relation.”

    “But this friendship is for forever and … I assure that we will make progress on the CPEC,” he added, thanking Chinese President Xi Jinping.

    Speaking about India, the newly-elected prime minister lamented that despite them wanting peaceful ties with India, they know that until the Kashmir issue is resolved, relations between the two cannot be strengthened.

    Urging Indian premier Narendra Modi to understand the issues of the people living on both sides, he questioned there is poverty, unemployment, medical issues, etc. then “why are we harming ourselves and the generations to come?”

    “Why do we want our coming generations to suffer. Come, let’s resolve the Kashmir issue in line with United Nation resolutions and Kashmiris’ expectations, so that we are able to end poverty on both sides of the border.”

    Underlining the significance of having good ties with Saudi Arabia, Turkey, European Union nations, the United Arab Emirates, Britain, and Iran, he said that ties needed to be strengthened with the US on the basis of equality and “we need to raise our voice for Afghanistan” where the situation was dire.

    “We want peace in Afghanistan.”

    The session was subsequently adjourned till 4pm on April 16.

    Sanjrani administers the oath to Shehbaz in President Alvi’s absence

    Prior to the ceremony, President Dr Arif Alvi had complained of discomfort and was advised to rest for a few days, according to an update posted on his Twitter account.

    In the president’s absence, Senate Chairman Sadiq Sanjrani administered the oath to PM Shehbaz.

    Modi, Turkey’s Erdogan congratulate Shehbaz on becoming PM

    Indian Prime Minister Narendra Modi and Turkish President Recep Tayyip Erdogan Monday congratulated Prime Minister Shehbaz Sharif on becoming the 23rd premier of Pakistan.

    Meanwhile, in a telephonic conversation with Shehbaz, Turkish President Erdogan told the newly-elected prime minister that he was “extremely happy” about him being elected as the premier.

    Guard of honour

    Earlier this morning, the premier was given a Guard of Honour at Prime Minister’s House.

  • Who is going to be in new PMLN, PPP cabinet?

    Who is going to be in new PMLN, PPP cabinet?

    Pakistan Muslim League-Nawaz (PML-N) President Shehbaz Sharif is likely to be get elected as the new Prime Minister of Pakistan today (Monday).

    According to Geo News’ sources, PML-N will have 12 cabinet ministers. The PPP will have seven, and the Jamiat Ulema-i-Islam (JUI-F) will be given four ministries. Meanwhile, Muttahida Qaumi Movement-Pakistan (MQM-P) will have two, and Awami National Party (ANP), Jamhoori Watan Party and Balochistan Awami Party will have one each.

    It has been reported that the Governor of Punjab will be from PPP and the Governor of Sindh from MQM-P. Similarly, JUI-F has demanded the seat of Governor of Balochistan or Khyber Pakhtunkhwa (KP) from their allies.

    PPP Chairperson Bilawal Bhutto-Zardari could be the next foreign minister.

    PML-N’s Khawaja Asif, Saad Rafique, Khurram Dastgir, Ahsan Iqbal, Marriyum Aurangzeb, Shaista Pervaiz Malik, Rana Sanaullah and Murtaza Javed are likely to join the cabinet. 

  • SBP determined to curb inflation, improve foreign exchange reserves

    SBP determined to curb inflation, improve foreign exchange reserves

    In a recent interview, the Governor of the State Bank of Pakistan (SBP), Dr. Reza Baqir expressed concern over the continuous deterioration in foreign exchange reserves but remained optimistic that a renewal of loans will be witnessed in the near future, which, coupled with SBP’s initiatives, will enhance market confidence.

    He claimed that the decline in reserves is “clearly alarming, but we are convinced that the central bank’s initiatives will prevent further deterioration”.

    According to data issued by the central bank on April 7, the reserves massively declined by $728 million to $11.32 billion as of April 1.

    The decline, according to SBP, is primarily attributable to debt repayment and government payments linked to the settling of an arbitration judgment.

    In addition to this, the currency even hit new lows in the week, forcing the SBP to intervene by boosting the policy rate, declaring a 100 per cent cash margin on 177 commodities with instant effect, and hiking the markup percentage by 2.5 per cent for borrowing under the Export Finance Scheme (EFS).

    In response to the Monetary Policy Committee’s (MPC) recent rate hike, Baqir stated that the move was made to tackle growing inflation and lessen external pressures. “The foreign exchange market has been under a lot of pressure for more than a month. A number of factors contributed to it: first, there was political uncertainty; second, our reserves were drained due to debt payments”.

    Consequently, the Pakistani rupee ended its devaluation run on April 8, and the KSE-100 Index witnessed positive sentiment, ending the day with an impressive gain of 658 points.

    The SBP Governor also discussed the skyrocketing petrol prices, which remain elevated because of the Russia-Ukraine conflict, adding more pressure on the local currency.

    The central bank made a determined decision after analyzing the statistics to lower inflation, improve foreign exchange reserves, and boost business confidence.

  • Pakistan to choose its new Prime Minister today

    Pakistan to choose its new Prime Minister today

    The National Assembly is set to choose a new Prime Minister (PM) of Pakistan today (Monday) at 2pm after the removal of Imran Khan from the premiership in a no-confidence vote.

    On Sunday, the Joint Opposition’s candidate and Pakistan Muslim-League (PML-N) President Shehbaz Sharif and PTI’s Shah Mahmood Qureshi’s nomination papers were accepted.

    The former minister for information and broadcasting Fawad Chaudhry also announced that PTI’s MNA will resign from their posts on Monday.

    In the early hours of Sunday, Imran Khan was ousted as the PM of Pakistan from office through a no-confidence motion after a 12-hour heated NA session.

    The session was chaired by Ayaz Sadiq after the resignation of NA speaker Asad Qasier.

    “174 members have recorded their votes in favour of the resolution, consequently the resolution for the vote on no-confidence against Mr Imran Khan, the prime minister of Pakistan, has been passed by a majority,” Ayaz Sadiq announced after the process of voting was completed.

  • PML-N’s Miftah Ismail fact-checked by PTI’s Hammad Azhar on load-shedding, Miftah acknowledges

    PML-N’s Miftah Ismail fact-checked by PTI’s Hammad Azhar on load-shedding, Miftah acknowledges

    Miftah Ismail, General Secretary of the Pakistan Muslim League-Nawaz (PML-N) in Sindh, recently took to Twitter, saying that Pakistan State Oil (PSO) has restricted fuel supplies to Independent Power Projects (IPPs), potentially resulting in significant load shedding in the coming week.

    He directly accused Prime Minister (PM) Imran Khan of the impending power outage, writing that it is the result of his incompetence, corruption, falsehoods, and “lust for power: that has gotten the country into such a mess.

    After an hour, Former Energy Minister, Hammad Azhar responded to Ismail’s tweet, calling it “Fake news” and claiming that he had checked with PSO and there had been no such supply cuts notified for IPPs.

    “My statement regarding IK’s corruption (Farah), incompetence (Buzdar), lying (Sh Rasheed) & hunger for power (Suri) is valid,” Ismail responded with a strange tweet to cover up his incorrect finding about PSO.

    It is worth noting that PSO serves a diverse range of customers, including Pakistan’s industrial sector, several power projects, aviation, and maritime sectors. On a daily basis, the company meets the POL needs of millions of clients.

    Apart from selling oil to Pakistan’s power utilities, such as K-Electric and Wapda, PSO is the primary supplier of furnace oil to all IPPs in the country, with a local market share of more than 80 per cent.

  • Name your candidate: President asks Khan, Shehbaz to give names for caretaker Prime Minister

    Name your candidate: President asks Khan, Shehbaz to give names for caretaker Prime Minister

    President Dr Arif Alvi has sent letters to Prime Minister (PM) Imran Khan and Leader of the Opposition in the outgoing National Assembly and Pakistan Muslim League-Nawaz (PML-N) President Shehbaz Sharif to seek suggestions for the appointment of a caretaker PM.

    The letter states that the caretaker PM will be appointed after the mutual consultation of the President, current PM, and Leader of the Opposition.

    The letter also mentions that if consultations fail, both government and the Opposition will nominate one person for the seat to a committee comprising both Govt and the Opposition.

    However, responding to the letter, Pakistan People’s Party (PPP) chairperson Bilawal Bhutto-Zardari questioned the President, saying that if there is no Assembly, then how can the Prime Minister and Leader of the Opposition exist name any caretaker prime minister? What would be the status of consultation between them?

    Bilawal also asked the Supreme Court (SC) to stop this ‘coup’.

    A day earlier, Deputy Speaker National Assembly (NA) Qasim Suri dismissed the no-confidence motion against Khan, terming it “unconstitutional”, saying that it was backed by “foreign powers” under Article 5.

    Following this development, Executives [Khan and Alvi] announced the dismissal of the National Assembly under Article 58. However, Imran Khan will remain seated as PM till the appointment of a caretaker PM.

  • EXCLUSIVE: Decision on when to kick out PM Khan to be announced in one hour

    EXCLUSIVE: Decision on when to kick out PM Khan to be announced in one hour

    The three notable Opposition leaders — Pakistan People’s Party (PPP) Co-Chairman Asif Ali Zardari, Pakistan Muslim League -Nawaz (PML-N) President Shehbaz Sharif, and Jamat-e-Ulema Islami-Fazl (JUI-F) chief Maulana Fazlur Rehman — have decided the date for moving a no-confidence motion, confirms senior journalist Hamid Mir to The Current.

    Mir without revealing names took to Twitter and hinted upon ‘big news’ coming from the Opposition.

    Mir while talking to The Current said, “Wait for an hour and big news shall be revealed to all. The date on when to present a no-confidence motion against Prime Minister (PM) Imran Khan will be announced.”

    It is also being reported that the Opposition troika, Shehbaz, Zardari, and Maulana are scheduled to do a combined presser at around 4:30pm.

    The no-confidence motion is being moved to remove PM Khan and his party from the government.