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Privatization of loss making SOEs have to be accelerated, directs Kakar

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ISLAMABAD: Caretaker Prime Minister (PM) Anwaarul Haq Kakar has directed to speed up the process of privatization of the State-Owned Enterprises (SOEs) going through monetary losses

The directives had been issued by the prime minister throughout a gathering with the Caretaker Minister for Privatization Fawad Hassan Fawad on Monday.

Anwaar-ul-Haq Kakar emphasised that the privatization of such SOEs was very important to save lots of the nationwide exchequer from additional monetary loss.

The prime minister on this regard lauded the position performed by the Privatization Facilitation Council.

Final month, the caretaker premier had directed authorities to expedite the privatization technique of loss-making Pakistan Worldwide Airways (PIA).

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National

Data Minister’s assertion: PTI questions caretaker regime’s ‘neutrality’

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ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) spokesperson on Monday lambasted the caretaker Federal Minister for Data Murtaza Solangi for his “nonsensical and absurd” remarks about PTI’s intra-party polls, saying that his assertion put a stamp on his prejudiced and biased character.

In a strong-worded response, PTI spokesperson mentioned that the caretaker authorities’s solely constitutional accountability was to conduct free, truthful and clear elections inside the constitutionally outlined deadline.

The spokesperson mentioned that Data Minister’s slanderous assertion had uncovered “neutrality of the caretaker regime”, including that the PTI was the one political celebration that buried the normal hereditary and dynastic politics by introducing new and succesful faces into the political panorama of the nation.

Nonetheless, he contended that it was surprising to notice that the present interim regime had fully failed in performing its due constitutional obligations, thus it grew to become an “unconstitutional” and “unlawful”.

PTI spokesperson famous that Solangi didn’t have any constitutional and ethical justification to provide assertion towards inside affairs of any political celebration, including that his assertion questioning PTI intra-party election testified his bias.

He underlined that PTI was the one political events championing the structure and democracy within the nation that fully rejected the idea of heredity and dynastic politics and launched succesful and new faces into the political area of the nation.

PTI spokesperson identified that the caretaker authorities after offering all-out assist to the Election Fee of Pakistan (ECP) at each step to maintain PTI out of the election course of, the caretaker authorities was now resorting to such a shameful recreation to sabotage the PTI’s intra-party elections.

He went on to say that the weather, who have been enjoying key position to deprive PTI of stage enjoying, needs to be ashamed for giving statements based mostly on lies and accusations.

PTI spokesperson suggested that the unconstitutional Data Minister mere centered on nonsense rhetoric, accusations and distortion of info since assuming the workplace as a substitute of performing his constitutional position.

He recalled that the caretaker authorities failed miserably at each stage starting from holding normal elections on constitutionally mandated timeframe to offering stage enjoying fields to political events for the forthcoming normal elections.

PTI spokesperson requested Solangi that he ought to have a look at his duties assigned to the caretaker authorities within the structure and attempt to implement them as a substitute of educating PTI the lesson of democracy.

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National

SCCI voices concern over enhance in gasoline costs for industries

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PESHAWAR: Sarhad Chamber of Commerce and Trade president Fuad Ishaq expressed concern over enhance in gasoline costs for the industries of Khyber Pakhtunkhwa province, together with textiles to Rs3176 per mmbtu below the blended gasoline coverage.

By imposing 80 per cent pure gasoline and 20 per p.c RLNG fee on KP, he demanded to withdraw 18 per cent gross sales tax on industrial sector because the province is surplus gasoline manufacturing, 

Talking at a joint press convention right here president of Sarhad Chamber of Commerce and Trade Fuad Ishaq and Chairman, Khyber Pakhtunkhwa Textile Mills Affiliation Kamran Shah right here on the chamber home on Monday stated it’s fully simply to impose extreme gasoline costs on Ok-P whereby gasoline manufacturing is surplus which was additionally sheer violation of the article 158 of the structure of the nation. 

Members of the enterprise group stated 50 p.c industries in KP have shut after imposition of the blended gasoline coverage in KP and RLNG fee, making not solely operating companies and industries troublesome however inconceivable within the province.  

In response to varied queries of the reporters, Fuad Ishaq stated that the overall gasoline manufacturing of KP is 550mmcfds in opposition to its consumption 200mmcfds, and imposition of the blended gasoline coverage on this province is very alarming.  

Not a single industrial gasoline connection was given to Khyber Pakhtunkhwa over the previous 13 years, opposite to that industrial gasoline connections have been offered in Punjab, which was tantamount of discriminatory angle, Fuad Ishaq added. 

In the course of the presser, Senior chief of the businessman discussion board, former senator Ilyas Ahmad Bilour, the SCCI senior vice chairman Sanaullah Khan, vice chairman Ijaz Khan Afridi, former presidents Riaz Arshad, Malik Niaz Ahmad, Faiz Muhammad Faizi, govt member Affaf Ali Khan, former chairman KPTMA Afan Aziz, KPTMA vice chairman Sikandar Kuli Khan Khattak, businessmen connected with textile sector embrace Irfan Moten, Ashaf Ahmad, Engr Ihsanulllah, Muhammad Shoaib, Engr Matiullah, Muhammad Ayub, Arifullah, Muhammad Safdar Khan, former vice chairman Abidullah Yousafzai, and Saddar Gul, Faiz Rasool, Fazl e Wahid, Ishtiaq Muhammad and others current. 

The businessmen stated imposition of the blended gasoline coverage with a ratio of 80/20 was fully unjust and in opposition to the structure of the nation.   

The KPTMA chairman stated the textile trade is the spine for the nation’s financial system. He knowledgeable that out of 15 textile models, seven have nearly shut in Khyber Pakhtunkhwa below the prevailing situation whereas remainder of industrial models have been run with capability of fifty per cent.

Moreover, he knowledgeable textile industries consumed solely 10mmfcds gasoline whereby the gasoline is surplus amount and consumption much less regardless of that discriminatory angle is being carried out by KP industries, which is very deplorable. 

Former president of the KPTMA, Afan Aziz, stated that after growing the costs and supplying gasoline at RLNG charges, the costs have now been doubled below the blended gasoline coverage, which is a whole injustice with Khyber Pakhtunkhwa. 

He stated that efforts are being made to deprive the province affected by terrorism of constitutional rights which may be very worrying and this discrimination needs to be stopped instantly.

Ilyas Bilour in response to a query of reporters stated it isn’t the responsibility of the enterprise group to battle with the federal government however we’d attempt to elevate problems with the group earlier than it and resolve them with mutual consensus and desk talks. 

He demanded of the federal government to make sure due constitutional rights to KP. He added Punjab can be our brother however there needs to be maintain the rights of smaller provinces. 

Fuad Ishaq to a query relating to any future line of motion or protest, replied that the enterprise group believes in unity, tolerance and concord and would at all times attempt to resolve points by negotiation with authorities and related authorities. 

He, nonetheless, urged the federal government to overview the huge gasoline worth hike and revise its determination in the very best curiosity of industries and the financial system of the nation.

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National

No disaster on assembly ECP’s monetary necessities: Solangi

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ISLAMABAD: Caretaker Minister for Data and Broadcasting and Parliamentary Affairs Murtaza Solangi on Monday acknowledged that there was no disaster in assembly the monetary wants of the Election Fee of Pakistan (ECP) for holding the upcoming common elections after stories that the Ministry of Finance had did not launch funds to the election physique regardless of repeated reminders.

Media earlier reported that the scenario resulted within the summoning of the finance secretary by the ECP in addition to prompting the ballot physique to contemplate writing to Caretaker Prime Minister Anwaarul Haq Kakar.

Sources in ECP revealed {that a} whole of Rs42 billion was allotted for holding common elections on this yr’s price range however the finance ministry solely launched Rs10 billion to date. They additional added that the remaining quantity has been delayed with none rationalization.

The ECP officers maintained that the ballot physique instantly wants Rs17 billion to carry common elections on February 8, 2024. Repeatedly, they stated, the finance ministry was approached for releasing the funds however to no avail.

“There isn’t any disaster on assembly the monetary wants of the ECP. The cupboard had accepted Rs42 billion for the budgetary wants of the ECP. An quantity of Rs10 billion was already launched,” Solangi wrote on his official X deal with.

He stated that the ECP has approached to launch Rs17.4 billion out of the budgeted quantity.

“No matter budgeted quantity is required by the ECP might be launched as per its wants accordingly. We firmly stand behind the ECP in holding free and truthful elections as mandated by article 218(3) of the Structure,” he additional asserted.

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