Friday, February 3

Day: October 15, 2022

Sheikh Rashid says PDM’s politics is finished

RAWALPINDI: Awami Muslim League Pakistan (AMLP) leader Sheikh Rashid on Saturday said that the politics of Pakistan Democratic Movement (PDM) has finished and whoever will support it will get themselves dirty. Taking to Twitter, former Interior Minister Rashid said that PDM cannot stop people from coming out. He added that the masses are already crushed by the burden of prices of electricity, flour and petrol and questioned "who are they going to crush now?" Rashid also said after the arrival of Finance Minister Ishaq Dar, the foreign exchange reserves have decreased by one billion dollars, the money of the IMF is running out and there is no help from anywhere, the situation is becoming more serious. He went on to say that the Finance Minister is missing from his own country, no one hi...

Inclusion of rural women is essential in matters of legislation: Elahi

LAHORE: Punjab Chief Minister Chaudhry Parvez Elahi has said that the role of rural women in the agricultural progress is of great importance adding that progress in the agricultural sector without the participation of rural women is impossible. In his message on the International Day of Rural Women, the CM said that the rural women play the vital role to increase agricultural production, besides ensuring food security. He said that the important role of women cannot be overlooked in strengthening the rural economy. He lauded that the rural women by working shoulder-to-shoulder with the men in the fields contribute their significant part in strengthening the rural economy adding that time has come that the rural women should be granted their due rights. He highlighted that his gov...

External payments, debts halt rupee’s recovery against dollar

General, Karachi
KARACHI: The Pakistani Rupee continued upward trend against US dollar during the week ending on October 14 as it gained Rs 1.96 or 0.89% to close at Rs 217.96 on Friday compared to the close of Rs 219.92 on the last working day of previous week. However, the last three days of the business week saw pressure on the rupee due to repayment of external debt and other payables. In the open market, the dollar became expensive by four rupees in a week and reached Rs226. After hitting the all-time high of Rs239.71 against the greenback on September 22, 2022, the Pak rupee has showed strong recovery of around 9% and has so far gained Rs 21.75. Experts say that there was pressure on the rupee in the last days of the week due to external debt and other payments. According to the report, $303m wer...

Pakistan so far received 137 flood relief flights from across world: FO

ISLAMABAD: Assistance from foreign countries continues pouring in for the flood-affected people of Pakistan with a total of 137 flights carrying relief goods, tents, food items, and medicines have landed at different airports so far. According to the data shared by the Foreign Office on Friday, the United Arab Emirates sent 41 assistance flights to Pakistan carrying relief items for the flood affectees. This is the highest number of assistance flights from any country landed in Pakistan. The United States of America (USA) sent the second-highest number of flights, including 20 assistance and one support, to help carry out the relief and rehabilitation activities in the flood-hit areas of the country. Similarly, Turkiye sent 15 assistance flights, which made it the third largest con...

Govt reduces electricity price by Rs 4.25: Marriyum Aurangzeb

ISLAMABAD: Minister for Information and Broadcasting Marriyum Aurangzeb on Saturday said electricity price had been reduced by Rs 4.25 in October on the directives of Prime Minister Shehbaz Sharif. “The prices have been reduced in terms of fuel charges adjustment,” she said in a news statement. The minister said it was a “big relief” for the public from PM Shehbaz Sharif. She said it had been decided to continue the same quarterly adjustment which was charged in the electricity bills for September. The initiative was taken keeping in view the burden of rising prices of electricity on public, she added. The National Electric Power Regulatory Authority announced the decision regarding fourth quarterly adjustment for the fiscal year 2021-22 on October 14, 2022.

Pakistan summons US envoy, hands over demarche over Biden’s ‘misleading’ remarks

ISLAMABAD: The Ministry of Foreign Affairs (MOFA) Saturday handed a demarche to US Ambassador to Pakistan Donald Blome following President Joe Biden's "misleading" remarks over Islamabad's nuclear programme. The Ministry of Foreign Affairs in a statement said Acting Foreign Secretary Jauhar Saleem called in US Ambassador Donald Blome to deliver a demarche on the recent remarks made by US President Joe Biden on 14th October during a Congressional Campaign Committee reception. Pakistan’s disappointment and concern was conveyed to the US envoy on the unwarranted remarks, which were not based on ground reality or facts. It was made clear that Pakistan was a responsible nuclear state and its impeccable stewardship of the nuclear program and adherence to global standards and internationa...