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Farmers bodies announce nationwide demonstrations starting on May 10.

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8 months ago

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At a news conference, Kissan Ittehad Chairman Khalid Khokhar declared that farmers would protest the government’s choice to import the product rather than buying it from nearby farmers on May 10.

Khokar suggested that people involved in wheat import corruption ought to be hung, notwithstanding his accusations of corruption in the process.
The farmer leader claimed that an attempt was made to rein in the “wheat mafia” by raising the reserve rate of wheat.

The farmers produced enormous amounts of wheat, but they lost out on their earnings because the government imported the crop, he claimed.

The head of Kissan Ittehad insisted that thousands of farmers would take to the streets in protest since they had no other option because of the government.

According to Khalid Khokhar, despite the farmers’ reaching out to the prime minister, army chief, director general of ISI, and minister of food security, their concerns went unanswered.

He invited the business community, attorneys, journalists, and civil society to join the farmers’ protest.

Khokar, meantime, declared that the demonstration would remain nonviolent until the government made the decision to buy the product from the nearby farmers.

In addition, he protested against the country’s increased urea and fuel prices as well as the eight-hour load shedding, pointing out that Indian farmers receive free electricity.

Previous reports claimed that the import of wheat had cost the country $1 billion, with the private sector benefiting from cheaper imports into Pakistan.

Apparently, even with the surplus of wheat, the ECC had officially approved wheat imports from the private sector, and the National Food Security had asked for authorization to import 3,587,000 tonnes of wheat.

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Maintaining Fertiliser Price Stability: The Need for a Continuous Gas Supply to the Fertiliser Sector

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6 days ago

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To guarantee fertiliser price stability, a cabinet committee meeting was presided over by Senator Muhammad Ishaq Dar, the deputy prime minister.

Senior government officials, including Industries Minister Rana Tanveer Hussain, attended the meeting.

The attendees received an update on the government’s, gas suppliers’, and fertiliser industry’s conversations. Additionally, the gas supply for the fertiliser sector was evaluated and determined to be adequate.

Throughout the Rabi cropping season, the Deputy Prime Minister ordered the fertiliser industry to maintain a continuous gas supply in order to guarantee steady production and stock levels.

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Fifth Straight Cut: PM Applauds SBP’s Policy Rate Reduction

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6 days ago

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Prime Minister Muhammad Shehbaz Sharif has praised the State Bank of Pakistan’s decision to lower its policy rate by an additional 2 percent, stating that the bank’s current 13 percent rate is encouraging for the nation’s economy.

He expressed optimism in a statement that the policy rate cut would encourage investment and further boost investor confidence in the country’s economy.

The prime minister said that decreasing the inflation rate also lowered the policy rate and that future inflation rate reductions will be even more pronounced.

Additionally, he expressed gratitude to the Federal Finance Minister and other officials for their work in this area.

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GHQ Attack Case: Prosecution Seeks Bail Cancellation of CM KP & Other Accused, Indicts 9 More

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6 days ago

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25 defendants, including PTI officials, have non-bailable arrest warrants issued by the Anti Terrorism Court of Rawalpindi for their failure to show up for court proceedings related to the GHQ attack case.

Judge Amjad Ali Shah added nine more suspects to the GHQ attack indictment list during today’s ATC Court sessions, bringing the total to 98.

Among the 61 defendants who appeared in court were Shah Mehmud Qureshi and the founder of the PTI.

Among those charged are Khadim Hussain Khokhar, Mehr Mohammad Javed, Chaudhary Asif, Zakir Ullah, Azeem Ullah, Shireen Mazatri, Major Retired Tahir Sadiq, and former MPA Rashid Hafeez.

A plea to cancel the bail of 23 suspects, including Chief Minister Khyber Pakhtunkhwa, has also been filed by the prosecution side.

In the GHQ attack, there were 119 accused in total.

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