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“Pakistan to face difficult times ahead,” says PM amidst economic crisis 

“More challenging time ahead,” he warned as Pakistan struggles to steer out of the ongoing economic crisis.

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“Pakistan to face difficult times ahead,” says PM amidst economic crisis 
GNN Media: Representational Photo

Islamabad: Prime Minister Shehbaz Sharif Thursday stated that Pakistan could still face difficult times ahead due to the inherited inefficiency of the previous government—amidst efforts to steer out of the ongoing economic crisis.

While addressing senators of Pakistan Muslim League-Nawaz (PML-N), the Premier said that prices of oil and gas in the country will be as per international market. 

He said that the coalition government had finalized the deal with the International Monetary Fund (IMF)—reiterating that Pakistan will honor its commitments with the global lender.  

Criticizing the Pakistan Tehreek-e-Insaf (PTI) government, Shehbaz Sharif said that Imran Khan did not honor its commitments to international lender, owing to which now nation is suffering. 

“The previous government had struck the deal with IMF to pass on the international prices of oil and gas; and imposition of the petroleum development levy (PDL),” he stressed, adding that IMF was pressurizing them to implement the pact. 

Imran Khan, knowing he would lose the no-confidence move, slashed the fuel prices despite the oil prices being record high in the global market at that time, said Prime Minister. 

This abnormal imbalance left the country in a difficult economic situation, he said.

Shehbaz added that the government would increase or decrease the fuel prices according to oil rates in the global market.

Former Punjab Chief Minister, then, said that the conditions with the International Monetary Fund have been finalized which will close soon.

He added, “Some coalition partners initially wanted to go for the elections, however there was no consensus on it”. 

“Now, there is consensus on completing the tenure despite the challenging circumstances,” he added. 

The prime minister said the PTI government had no empathy for the common man as it ended several projects of Pakistan Muslim League-Nawaz (PML-N) tenure that were aimed at public welfare.  

He said the forefathers of the sub-continent had rendered immense sacrifices to establish a separate homeland to lead a comfortable life.

“During 73 years, all governments including civil and military, could not help this dream get materialized,” he stated.

PM Sharif said China, Saudi Arabia, UAE, and Qatar always supported Pakistan in difficult times besides siding at the diplomatic level.

He mentioned that the recent $2.3 billion loan from China was a respite in the current trying times.

For the first time in history, he said a genuine tax was imposed on the net income of affluent persons to provide relief to the poor who were the real builders of Pakistan.

Also, to reduce the burden on the poor segments of society, Rs 2,000 stipend was announced to provide them relief, he added.

He termed it a political and religious obligation of the rich to accommodate the deserving people and contribute to the prosperity of the nation.

He said in the next few days, he would address the nation to take them on board regarding the steps taken by the government to improve the economic situation.

 

Entertainment

Veteran actor Denzel Washington to receive America's highest civilian honour

Basketball legend Kareem Abdul-Jabbar, Motown singer Diana Ross and the actor Robert De Niro were the previous winners of the presidential medal

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Veteran actor Denzel Washington to receive America's highest civilian honour

Hollwyood star Denzel Washington, gymnastics star Simone Biles, and the late tech visionary Steve Jobs have been named as recipients of America's highest civilian honor, the White House said Friday.

President Joe Biden designated 17 Americans to receive the Presidential Medal of Freedom, three of them posthumous.

According to the White House said the medal recognizes "exemplary contributions to the prosperity, values, or security of the United States, world peace, or other significant societal, public or private endeavors."

Among the recipients is Megan Rapinoe, the Olympic gold medalist soccer star, two-time Women's World Cup champion and outspoken advocate on equality, race and LGBTQ issues.

Ahead of a ceremony on July 7, the White House said those honored had "overcome significant obstacles... and acted with bravery to drive change in their communities -- and across the world -- while blazing trails for generations to come."

One posthumous recipient this year is John McCain, a one-time Republican presidential nominee, long-time senator from Arizona, and Vietnam War veteran who won a Purple Heart.

Basketball legend Kareem Abdul-Jabbar, Motown singer Diana Ross and the actor Robert De Niro were the previous winners of the presidential medal.

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Regional

LG polls: Re-polling in 8 districts of Balochistan underway

Local government elections were postponed in the aforementioned districts on May 29.

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LG polls: Re-polling in 8 districts of Balochistan underway

Quetta: Re-polling of local government elections in thirteen wards of eight districts of Balochistan is underway.

According to a notification of Provincial Election Commissioner Office Balochistan, polling will continue till 5:00 pm without any break.

Election Commission of Pakistan has established a Central Control Room in Islamabad and Provincial Election Commissioner’s office in Quetta for monitoring and registering complaints related to re-polling of local government elections.  

Re-polling will be held in eight districts including Dakki, Qila Abdullah, Ziarat, Loralai, Panjgor, Sibbi, Noshki and Kech.

Local government elections were postponed in the aforementioned districts on May 29, 2022, due to law and order and other incidents.   

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World

India bans single-use plastic to combat pollution

Plastic waste has become a significant source of pollution in India.

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India bans single-use plastic to combat pollution

New Delhi: India has imposed a ban on single-use plastics on items ranging from straws to cigarette packets to combat worsening pollution in country whose streets are strewn with waste.

Announcing the ban, the Indian government dismissed the demands of food, beverage and consumer goods companies to hold off the restriction to avoid disruptions.

Plastic waste has become a significant source of pollution in India, the world's second most populous country.

Rapid economic growth has fuelled demand for goods that come with single-use plastic products, such as straws and disposable cutlery.

But India, which uses about 14 million tonnes of plastic annually, lacks an organised system for managing plastic waste, leading to widespread littering.

Streets across towns are littered with used plastic goods that eventually choke drains, rivers and oceans and also kill animals.

India's ban on single-use plastic items includes straws, cutlery, ear buds, packaging films, plastic sticks for balloons, candy and ice-cream, and cigarette packets, among other products, Prime Minister Narendra Modi's government said in a statement.

PepsiCo (PEP.O), Coca-Cola Co (KO.N), India's Parle Agro, Dabur (DABU.NS) and Amul had lobbied for straws to be exempted from the ban. 

In a relief to consumers, the government has for now exempted plastic bags but it has asked manufacturers and importers to raise the thickness to promote reuse.

Other than the food and beverage and consumer goods companies, plastic manufacturers have also complained about the ban that they say did not give them adequate time to prepare for the restriction.

Some experts believe that enforcing the ban might be difficult. The government has decided to set up control rooms to check any illegal use, sale and distribution of single-use plastic products.

According to the United Nations, plastic waste is at epidemic proportions in the world's oceans, with an estimated 100 million tonnes dumped there. 

Scientists have found large amounts of micro plastic in the intestines of deep-dwelling ocean mammals like whales.

SOURCE: REUTERS

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