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MQM-P will discuss the NAB revisions with PM Shehbaz.

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7 months ago

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The group, which also includes senior leaders Syed Mustafa Kamal and Dr. Farooq Sattar, will be led by MQM-P Chairman and Federal Minister for Science and Technology, Dr. Khalid Maqbool Siddiqui, according to the sources.

The MQM-P would inform the prime minister of the party’s disapproval of the NAB law modifications, according to people with knowledge of the issue.

“The MQM-P will also talk about the country’s political situation, trader problems, and development projects in Karachi,” the sources continued.

Along with these issues, the party led by Dr. Khalid Maqbool Siddiqui will address growing electricity load shedding, overbilling, law and order, and journalist murder.

Earlier on Tuesday, the federal government’s coalition partner, the MQM-P, referred to the recent changes made to the National Accountability Bureau (NAB) statute as “inappropriate.”

An accused person’s remand by the NAB from 14 to 40 days “will not be beneficial either,” a MQM-P spokeswoman stated.

The minimum sentence reduction for NAB personnel found guilty of misbehavior was also challenged by the MQM-P.

“It is also incomprehensible to lower the penalty period for a NAB official who fabricates the case from five to two years,” the MQM-P asserted.

The country’s politics and economy have already incurred “irreparable damage,” according to the party, as a result of NAB legislation and their improper implementation.

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

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5 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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5 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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5 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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