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Justice International (JI) is requesting the Prime Minister provide a guarantee on negotiations due to the government’s perceived delay in responding.

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4 months ago

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Early on Saturday night, the JI leadership was visited at the location of the sit-in on Murree Road, Liaquat Bagh, by a three-person government team consisting of Minister for Information and Broadcasting Attaullah Tarar, Minister for Energy Awais Leghari, and MNA Tariq Fazal Chaudhry. A conversation invitation was sent by the delegation.

Although the monsoon rains are still continuing, participants in Jamaat-e-Islami’s sit-in are in their fifth day of holding firm to their demands.

Government officials have received ten demands from Jamaat-e-Islami.

They are steadfast in their requests, party insiders said, and a government delegation had offered them consultation time. Nevertheless, the administration had not responded, even after being given time in the evening and later at night.

The premier’s assurance is now required for any talks, according to Jamaat-e-Islami, which also demands that PM Sharif sign any agreement that is achieved.

Read more: JI says it will not back down from its demands and accepts the government’s offer to hold discussions.

JI promises not to back down from its demands and welcomes the government’s invitation to negotiate.
Requirements: • All petroleum products should be exempt from the Petroleum Development Levy, and price rises should be stopped.

  • A 20% decrease in gas, electricity, and food commodity costs.

Reinforce agreements with IPPs, especially the portion about paying in US dollars at the conclusion of the transaction.

  • Tax cuts, for example, for the industrial and agricultural sectors.
  • Promote commerce, investment, and the industrial sector via incentives.

The privileged class is subject to taxes and the salaried class is not subject to an increase in taxes.

  • 35% less spent on non-development costs.

The elimination of all taxes on stationery and other supplies used in children’s education and training.

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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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14 hours ago

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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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15 hours ago

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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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15 hours ago

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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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