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PM Shehbaz meets world leaders amid Egypt’s Climate Implementation Summit

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  • PM Shehbaz meets world leaders and dignitaries during Egypt visit.
  • PM thanked EU Commissioner for its nations’ support for Pakistan in FATF grey list removal.
  • Premier thanks international community for helping Pakistan’s flood victims.

SHARM EL-SHEIKH: Prime Minister Shehbaz Sharif, during his maiden official visit to Egypt to attend the Climate Implementation Summit, has been meeting with world leaders and dignitaries on the sidelines of the summit in Sharm El-Sheikh.

In his meeting with the European Union Commissioner Ursula von der Leyen, PM Shehbaz appreciated the spirit of EU nations for their support extended to the flood-hit population of Pakistan.

The premier stressed the significance of achieving shared goals that the EU and Pakistan have worked on together, particularly the cooperation extended by EU nations toward the removal of Pakistan’s name from the Financial Action Task Force’s grey list.

“Unity is essential to combat the effects of climate change,” he said, adding that the impact of climate change faced by developing countries at present will eventually spread across the world.

The premier also spoke about increasing bilateral trade between Pakistan and the EU.

PM Shehbaz, during his ongoing visit, also met with the Secretary General of the Arab League on the sidelines of COP27’s High-Level Segments. The two leaders discussed issues of bilateral and mutual interest, agreeing on strong cooperation to prevent the devastating impacts of climate change.

The prime minister has also separately met with the Presidents of Iraq, Tajikistan and Indonesia Abdul Latif Rashid, Emomali Rahmon, and Joko Widodo, respectively. He also conducted a meeting with Lebanese PM Najib Makati.

PM Shehbaz thanked the international community for helping Pakistan’s flood victims and discussed bilateral, regional and global issues with them.

In his meeting with the President of the United Arab Emirates Sheikh Mohammed bin Zayed al-Nahyan, the premier thanked him for the assistance sent for aid and assistance of flood victims.

“The international community must come together to create a common charter for the survival of the planet,” PM Shehbaz iterated during his engagements in Egypt.

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Pilgrims, good news! Applications for the Hajj are reopening.

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On Thursday, the Ministry of Religious Affairs declared that applications for the government Hajj program’s remaining quota will once again be accepted.

The ministry made this choice in an effort to guarantee that the entire quota is used and to prevent sending any seats back to Saudi Arabia that are not used.

On a first-come, first-served basis, an extra 5,000 pilgrims will be allowed to apply starting next week.

These applications will be accepted during a designated timeframe; the ministry is now considering a proposal to restrict the submission period to five days.

Under the Hajj program, the government had previously received 81,500 applications; the decision to accept additional pilgrims is intended to provide those who were unable to reserve a seat in the first round of applications a chance.

To further streamline the procedure and guarantee efficiency and justice, no lottery will be held for the new applications, in contrast to the previous one.

Officials stressed that this action is meant to guarantee that no chance to bring pilgrims to the Holy Land is missed, in addition to optimizing the quota distribution.

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Business

FBR begins working on the fiscal year 2025–2026 budget.

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The budget for the next fiscal year 2025–2026 is being prepared by the Federal Board of Revenue (FBR), and stakeholders are being requested to submit their ideas by January 31.

All pertinent parties have received a formal letter from the FBR asking for their comments on the budget for the upcoming fiscal year.

Income tax, sales tax, federal excise duty, and revenue-raising ideas are among the particular proposals that stakeholders are asked to submit. The board is also seeking suggestions for expanding the scope of current taxes and widening the tax base.

Along with proposals pertaining to taxes, the FBR has requested feedback on general sales tax for all companies as well as ideas for phasing away tax exemptions gradually. The FBR has underlined how important it is to simplify tax processes and make rules more understandable for taxpayers.

The American Business Council of Pakistan, DHA Karachi, the Pakistan Small Chambers of Commerce and Cottage Industry, the Pakistan Business Council, the Pakistan Stock Exchange, and the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) are among the business and trade associations that have been contacted for their suggestions.

In addition, the FBR has requested ideas from a wide range of organizations, such as the Pakistan Vanaspati Manufacturers Association, the All Pakistan United Retailers Association Karachi, the All Pakistan Bar Association, ICAP, the Pakistan Tax Bar Association, and tax advisory businesses.

Based on these stakeholders’ comments and ideas, the FBR will finalize its recommendations for the next finance bill.

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Pakistanis travel to India to attend Hazrat Khawaja Moinuddin Chishti Urs.

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In Ajmer Sharif, a group of pilgrims from Pakistan laid a traditional chaddar before the shrine of Hazrat Khawaja Syed Moinuddin Hasan Chishti.

Today, the traditional Chaddar was deposited at the Shrine of Hazrat Khwaja Syed Moinuddin Hasan Chishti (RA) in Ajmer Sharif by Pakistani Zaireen, accompanied by Mr. Tariq Masroof, Second Secretary, Pakistan High Commission, New Delhi.

A group of 89 Pakistani Zaireen are in Ajmeer Sharif from January 7–9, 2025, to help celebrate Hazrat Khwaja Syed Moinuddin Hasan Chishti’s (RA) 813th annual Urs Mubarak.

Following the traditional chaddar’s placement on behalf of the Pakistani people and government, the delegation prayed for Pakistan’s development and well-being.

The delegation was greeted by notable members of the Anjuman Moinia Fakhria Chishtia Khuddam Khwaja Sahib upon their arrival at the Dargah.

The annual Urs Mubarak of Hazrat Khwaja Syed Moinuddin Hasan Chishti (RA) is attended by Pakistani Zaireen in accordance with the 1974 India-Pakistan protocol for religious shrine visits.

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