I am saying it a "criminal act" again and again because it was a routine decision that should have been made in broad daylight, but at 2am in the morning the news broke and the people woke up in the morning to find that a petrol bomb had dropped on them. Now the rise in prices and the pace of inflation is so fast that even the column written on inflation last week before November 5 seems old and this repeated cry is causing boredom.
Apart from petrol prices, electricity rates have also been increased. Basic electricity prices have been increased by Rs1.68 per unit. For commercial and industrial consumers, the price has been increased by Rs 1.39 per unit. For consumers using 300 units, the price of electricity has gone up to Rs13.83 per unit. The government believes that a household using 300 units of electricity is prosperous. And he can afford to raise rates, and if that is true, it would be pointless to talk about it.
Like the people under the news of inflation, the most important news of Friday was also suppressed and this was the news, the report of the Election Commission of Pakistan on the rigging in the by-election of Daska, this report is eye-opener and biggest charge sheet against the PTI government.
The Election Commission of Pakistan (ECP) has detected systematic rigging in the NA-75 by-election investigation report. What do they think and do when they come to power, this report has put all the truth in front of them. This report is not limited to the disclosure of fraud but it is a criminal case. Several names have been written in this report but this systematic fraud must be thoroughly investigated. According to the report, the education department, police and district administration, ie the entire government machinery were used in the scam. The mastermind behind the rigging and its full implementation cannot be held responsible alone. Criminal proceedings should be initiated on the basis of this report and the culprits should be identified.
Reading this report, the question arises as to whether those who came with the mission of eradicating corruption have corrupted the entire government machinery. The Deputy Director of Colleges, the Presiding Officer, several officers of the Department of Education and then an army of police officers, all of which could not be managed by a single person. How SHOs remained election managers, police personnel stationed at polling stations continued to kidnap presiding officers instead of security, ignorance of returning officer and deputy returning officer, how many factors and roles are involved in this rigging. The story unfolds in layers.
Playing the role of opposition, the same PTI used to call others as ballot box thieves. Here, the entire election was rigged under the scheme. It will happen and the government will come down with a bang but now their own organized fraud has been proved. Those who call others "box thieves" are now ready for self-accountability.
The opposition's reservations about EVMs, ie electronic voting machines, seem to have come true after this report and the plan to snatch the powers of the Election Commission of Pakistan, this report has exposed the government's intentions. Who will now trust those who bulldoze the opposition and institutions and insist on bringing electronic voting machines? ۔
The political and administrative turmoil in the country over the last four or five weeks has made me think that the PTI government is on a "suicidal mission". Inflation bombs are being set off one after another and when there is a backlash against them, the captain addresses his Wasim Akram Plus (Usman Buzdar): "Whenever they ask you about performance tell them ask us after completion of five-year mandate."
Someone reminded the captain that if he had any mandate, it was economic justice, justice system, social justice, poverty alleviation, job creation, breaking status, eradicating corruption. The captain has a long list of promises that he may not even remember.
When the captain was saying this to the Chief Minister of Punjab Usman Bazdar, surely Bazdar must have been very encouraged that whoever had to ask me gave both a deal and a relaxation but is there any politician who is surrounded by political and economic challenges? Valuable can boldly reject all these questions under the pretext of a five year mandate ?? These are the evidences on which I believe that the captain and his team are on a mission of political suicide and the captain's advice to Bazdar was apparently a message to someone else.
The role of the opposition in this situation is also deplorable. The people are dying of poverty and inflation but the opposition is not making any effort to change the public mood into a movement. It seems that the opposition is thinking that the government may fall from its own stupidity or carry out the mission of political suicide itself. Perhaps that is why the Leader of the Opposition in the Punjab Assembly and PML-N leader Hamza Shahbaz talking to the media had said that it is the national responsibility of all political parties to find a constitutional way to handle the sinking economy of Pakistan and to get rid of the incumbant government. "
According to political analysts, if the opposition awaits like this, it should know that it will not be possible to get the people out to vote without representing the people. If politicians remain indifferent to the people today, then tomorrow the people will also be indifferent to them and then no one should complain that those who raised the slogan of step up didn't come along.
Federal Minister Ishaq Dar vows to revive economy
"The mess left behind by the PTI government could not be cleared in six months"
Islamabad: Federal Minister Ishaq Dar has vowed to revive the economy, saying that the speculators will not be allowed to play with the local currency.
Talking to the media persons in Islamabad on Wednesday, he said stabilizing the local currency and reducing inflation and interest rates are priorities of the government. He said we do not believe in mere verbal claims rather history is the testimony of our economic performance.
Ishaq Dar expressed satisfaction over the appreciation of the rupee over the last two days saying this has reduced our loans.
The Federal Minister said the country is currently faced with the worst economic crisis because of the mismanagement of the previous government of PTI. He said it was because of the efforts of former Finance Minister Miftah Ismail that the country averted default. He however said that the mess left behind by the PTI government could not be cleared in six months.
Ishaq Dar regretted that the PTI government during its last days in office violated the international agreements to take political mileage.
As regards the case against him, Ishaq Dar said it is a fake. He said he has been a consistent taxpayer over the last thirty-four years and that he never delayed his tax returns. He said the previous government also canceled his passport and it was the current coalition government that issued him a passport.
Speaking to the media on arrival at the Finance Ministry, Federal Minister Ishaq Dar said the speculators will not be allowed to play with the local currency. He rejected the impression that the PML(N) government in its tenure between 2013 and 2018 injected dollars into the market to keep the rupee overvalued.
He said we rather took the foreign exchange reserves to a record level of twenty-three billion dollars. He said we believe in the market economy, recalling it was the PML-N government that introduced market-based exchange rate. Ishaq Dar said the country is facing difficult challenges but these will be tackled as was done in the past.
Modi govt appoints retired General Anil Chauhan as defence chief
He will also function as secretary to the department of military affairs once he takes charge
The Indian government said on Wednesday that it had appointed Anil Chauhan as its defence chief, to succeed Bipin Rawat, who died in a helicopter crash along with 13 others last December.
Chauhan, 61, served as a lieutenant general before retiring in May 2021, after commanding the Indian army’s eastern division.
He will also function as secretary to the department of military affairs once he takes charge, the government said in a statement.
His appointment comes after months of speculation over who would be India’s defence chief, while the situation at the country’s borders with China and Pakistan remains tense.
Rawat was appointed as India’s first Chief of Defence Staff by Prime Minister Narendra Modi’s government in late 2019.
Rawat, his wife and 12 defence personnel were en route to a military staff college in southern India when the air force helicopter they were travelling in went down.
Dollar continues losing momentum, falls Rs1.79 against PKR
The greenback has been losing value against the local unit for the fourth consecutive session
Karachi: Pakistani rupee on Wednesday gained Rs1.79 against the US dollar in the interbank market and closed at Rs232.12 against the previous day’s closing of Rs233.90.
According to the Forex Association of Pakistan (FAP), the buying and selling rates of dollars in the open market were recorded at Rs230 and Rs233 respectively.
According to market experts, the currency market was reacting positively to Ishaq Dar’s upcoming appointment as the new finance minister and expectation of strict action against hundi/hawala networks.
Meanhile, the price of Euro decreased by Rs 3.96 and closed at Rs 221.69 against the last day’s closing of Rs 225.65.
The Japanese Yen lost 02 paisas to close at Rs 1.60, whereas a decrease of Rs 4.90 was witnessed in the exchange rate of the British Pound, which was traded at Rs 247.90 as compared to its last closing of Rs 252.80.
The exchange rates of Emirates Dirham and Saudi Riyal decreased by 49 and 52 paisas to close at Rs 63.19 and Rs 61.67 respectively.
-- ADDITIONAL INPUT FROM APP
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