Rs 50.85b loans written off in two years, Hina tells NA
State Minister for Finance and Economic Affairs Hina Rabbani Khar on Thursday told the National Assembly that 212,114 defaulters including some companies have got Rs50.85billion loans waived off in two years.
In a written reply to the NA, Hina stated that World Bank, Asian Development Bank and IMF have given loans amounting to $31,162milion to Pakistan till June 30, 2010.
She said that the interest rate on the said loans is around $3,637 million. She said that so far, Rs50.85billion loans have been written off.
The influential broke dykes deliberately: Gabol
September 5, 2010 by Trend PK
Filed under World News
Staff Report
KARACHI: The State Minister for Ports and Shipping Nabeel Gabol has alleged on Sunday that influential men breached dykes deliberately to save their fertile lands on the cost of the poor’s lives.
Gabol, talking to the media persons in Karachi, appealed the Chief Justice of Supreme Court to take notice of this issue.
He was of the view that some people are talking about martial law who had always did their politics on dead. SAMAA
Question mark on degrees of Talpur, Gabol, Abidi
KARACHI: Universities of Sindh including Karachi have sent their scrutiny reports on suspected degrees of parliamentarians to Higher Education Commission (HEC).
It has been learnt that these reports have put a question mark on degrees of Faryal Talpur and many other important government dignitaries.
Separately, Chairman HEC Dr. Javed Leghari has assured that he would neither resign nor will he proceed on long leave.
Sources told Geo News that HEC found suspected the degrees of MNA Faryal Talpur, State Minister Nabil Gabol, Senator Faisal Raza Abidi, Provincial Minister Mukesh Chawla, MPA Shamshad Bachani among other parliamentarians. The HEC also said that the procedure of sending some of the reports was also not according to the rules and regulations.
HEC noted that some of the degrees did not even have stamp of the Vice Chancellor and returned the reports to the universities of Karachi and Sindh with instructions that the process of verification be carried out in accordance with the specified formula.
Meanwhile, HEC has sent additional 107 degrees of parliamentarians for scrutiny to various universities.
So far 33 out of 36 universities have forwarded reports to HEC.
Punjab University has compiled and sent reports of 217 degrees of the parliamentarians to HEC and sought more time for verification of 93 degrees.
Naeemi seminar demands sacking of Rana Sanaullah
LAHORE: The seminar held in commemoration of Dr Sarfaraz Naeemi Shaheed, head of Jamia Naeemia, demanded the sacking of Punjab Law Minister Rana Sanaullah for patronizing the banned outfits, Geo News reported Saturday.
The participants of the seminar convened to honor the memory of Dr Sarfaraz Naeemi, martyred in a terror attack, voiced reservations over the fact that assassins of Dr Sarfaraz Naeemi are still at large even after the lapse of an entire year.
Addressing the seminar, State Minister for Information Samsam Bukhari said the issue relating the arrest of Dr Naeemi’s killers pertained to the provincial government; hence, the Punjab government should mull over it.
SC should also summon NRO creator: Gilani
Prime Minister Yousuf Raza Gilani has said that the judiciary should also summon the creator of NRO, and added that the Law Minister would present governments stance on the issue in court.
During a meeting with Press Club officials in Lahore, the PM said that the government is charting out rules and regulations of promotions and appointments in light of the Supreme Courts rulings.
He asserted that both civilian government is working in unison on all the important issues. He said that politics of reconciliation being pursued in the country to keep the dictators at bay.
He said he would urge state minister Abdul Qayyum Jatoi to take his resignation back.
President Zardari Summons Allies’ Meeting Today
Pakistan News: President Zardari would hold consultations with his political allies on NRO at Islamabad today.
The President has invited all the political allies: MQM and ANP at luncheon at the President House. According to sources, the President and other political leaders would deliberate upon the situation ensuing the Supreme Court ruling on NRO.
President Zardari Summons Allies’ Meeting Today was first posted on January 22, 2010 at 11:45 am.
Agencies Warn Gabol of life Threat
Karachi, Pakistan News: The intelligence agencies have warned Minister of State for Port and Shipping Nabeel Gabol against a likely life attempt urging him to beware and restrict his movement.
According to sources, the agencies have advised Gabol to avoid going to public places in Karachi. Gabol confirmed the reports, saying that around four snipers belonging to South African underworld have been assigned the duty to kill him. The state minister said that he would make the details public during a press conference anytime today.
Agencies Warn Gabol of life Threat was first posted on January 22, 2010 at 11:49 am.
SC to Start Hearing NRO Petitions from Tomorrow
ISLAMABAD, Pakistan News: The federal government will not defend the National Reconciliation Ordinance (NRO) in the Supreme Court when a 17-member bench starts hearing the clubbed petitions of Dr Mubashir Hassan and Roedad Khan on Monday.
Deputy Attorney General of Pakistan Agha Tariq confirmed to Geo News on Saturday that the government had decided not to defend the NRO in the Supreme Court.
Agha Tariq, who will be a member of the attorney general’s team in the Supreme Court, said: “We will not defend the NRO in the Supreme Court. However, if any individual in the government, who is affected by it, wants to defend it then we will not stop him.” He described “We” as the Government of Pakistan.
State Minister for Law Afzal Sindhu, however, said Prime Minister Yousuf Raza Gilaniís speeches on the floor of the National Assembly would be the basis of the government decision to take a position on the NRO.
The prime minister has been criticizing the notorious legislation in parliament. But Sindhu said: “We will take a final decision on Sunday (today) as to whether the government will defend or oppose the NRO or any other option is to be exercised.”
He said the lawyers’ arguments may take two to three days, giving the government enough time to make a formal decision on defending or opposing the NRO.
The minister said he had given enough hint about the government’s strategy to be adopted on the NRO petitions. He again emphasised that the prime minister’s words in parliament would be the guiding line. “You, yourself, can be the best judge what the prime minister has been saying in the National Assembly,” he said.
Sources said the NRO’s forced withdrawal from parliament had, in fact, left no argument for the government to defend it in the apex court which had also issued notices to the Federation, the NAB, the attorney general and many others to appear before it during the hearings to be carried out on daily basis.
Acting Attorney General of Pakistan Shah Khawar has still not been informed by the Government of Pakistan about its strategy. Shah Khawar on Saturday night told The News that he would appear in the court as the acting attorney general but would have to follow the policy of the government which was not conveyed to him till Saturday night. “I hope I will be conveyed the government’s stance on Sunday,’ he said.
SC to Start Hearing NRO Petitions from Tomorrow was first posted on December 6, 2009 at 8:04 pm.
Pakistan to receive $500 million from FoP: Hina Khar
November 8, 2009 by Trend PK
Filed under World News
ISLAMABAD: State Minister for finance Hina Rabbani Khar has said the Friends of c Pakistan (FoP) would provide 500 million dollars to Pakistan by December end, adding, dialogue is in progress for provision of 500 million dollars under the Allied Support Fund for expenditures in war on terror and hoped Pakistan will receive it soon.
ISLAMABAD: State Minister for finance Hina Rabbani Khar has said the Friends of c Pakistan (FoP) would provide 500 million dollars to Pakistan by December end, adding, dialogue is in progress for provision of 500 million dollars under the Allied Support Fund for expenditures in war on terror and hoped Pakistan will receive it soon.
She was talking to media here. Khar said the government is facing difficulties in purchasing rice as it had to be processed immediately after purchase, which is the responsibility of the provinces and the government has assigned the responsibility to PASCO to purchase rice along with provinces and process it in their selected mills.
She said that keeping continuation in agricultural policy is difficult task but the government is trying to provide all available facilities and incentives to the sector, adding, the government would construct new storage houses at a cost of 37 billion rupees for increasing the facilities of storage of agricultural products.
