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Opposition to bring no-trust motion against CM Usman Buzdar: sources

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3 years ago

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  • Opposition contacts Punjab Assembly secretariat to know procedures regarding move, per sources. 
  • “We should be assured of the tickets for the next upcoming elections,” says Tareen group. 
  • Tareen group had told Hamza Shahbaz they would support Opposition in its no-trust motion against Usman Buzdar, say sources. 

After the government’s no-confidence motion against Prime Minister Imran Khan, the Opposition has unified to oust the Punjab Chief Minister Usman Buzdar by bringing a no-trust move against him, said the sources.

According to the sources, the Opposition has contacted the Punjab Assembly secretariat to know the procedures regarding the move.

Earlier, PML-N leader Hamza Shahbaz had visited PTI disgruntled leader Jahangir Tareen’s residence where he discussed the political future with the members of the Tareen group.

The sources said the members of the Tareen faction said they are mentally ready to separate themselves from the PTI government. 

Sources had also said that the Tareen group members had sought assurance from the PML-N leader that they will be given a ticket from their party in the next general elections. They had also assured the Opposition that they would stand with them if they decide to oust Buzdar.

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Business

Irfan Siddiqui meets with the PM and informs him about the Senate performance of the parliamentary party.

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The head of the Senate’s Foreign Affairs Standing Committee and the PML-N’s parliamentary leader paid Prime Minister Muhammad Shehbaz Sharif a visit in Islamabad.

Senator Irfan Siddiqui gave the Prime Minister an update on the Parliamentary Party’s Senate performance.

Additionally, Senator Irfan Siddiqui gave the Prime Minister an update on the Senate Standing Committee on Foreign Affairs’ performance.

He complimented the Prime Minister on his outstanding efforts to bring Pakistan’s economy back on track and meet its economic objectives.

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Business

SIFC Increases Direct Foreign Investment: Investment in the Energy Sector Rises by 120%

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The Special Investment Facilitation Council is intended to help Pakistan’s energy sector attract $585.6 million in direct foreign investment in 2024–2025. The amount invested at the same time previous year was $266.3 million.

This is a notable 120% rise, mostly due to investments in gas exploration, oil, and power. Such expansion indicates heightened investor confidence and emphasizes the development potential in important areas.

The State Bank reports that foreign investment in other vital industries has increased by 48% to $771 million.

This advancement is a blatant testament to SIFC’s efficient investment procedure and quick project execution.

The purpose of the Special Investment Facilitation Council is to establish Pakistan as an investment hub by aggressively promoting regional trade and investment in the energy sector and other critical industries.

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Speaking to a press conference, Marriyum Aurangzeb says the PML-N government has restored the trust of investors.

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According to Marriyum Aurangzeb, senior Punjab minister, the PML-N government has won back the trust of investors by making strides in a number of areas, including agriculture.

Marriyum Aurangzeb, speaking at a press conference in Lahore, emphasized the Punjab government’s initiatives to bring about major changes in the province, particularly in Lahore.

Marriyum Aurangzeb stated that in order to guarantee sustainable growth, the master plan for Lahore has been completed, and plans of a similar nature are being worked on for other districts.

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