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Pakistan heading in right direction and will not default: Ishaq Dar

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ECP Ishaq Dar disqualification
  • Finance Minister Ishaq Dar said that Pakistan has a beautiful future.
  • He said the government heard every day that Pakistan will default.
  • The smuggling to neighbouring country main reasons behind poor economy.

ISLAMABAD: Federal Finance Minister Ishaq Dar said Pakistan is heading in the right direction and will not default.

While assuring investors at the Pakistan Stock Exchange (PSX), Finance Minister Ishaq Dar said that Pakistan has a beautiful future and a resilient economy and there is no chance of default. He said the government heard every day that Pakistan will default but there is no chance.

“Pakistan is in a tight [fiscal] position and we do not have $24 billion in reserves which the PML-N government left in 2016 and it’s not my fault. The fault is in the system and we must ensure Pakistan goes forward,” said the finance minister.

Finance Minister urged political parties to show some serious attitude and stop playing with the country’s economy for petty political gains. He further said that the Securities and Exchange Commission of Pakistan (SECP) is of great significance in improving the country’s economy and the government was focusing to improve its functioning.

“We have not banned imports but prioritized import items under different categories so the essential items can be imported on a priority basis,” Ishaq Dar said, adding that essential items including medicine and edible oil have been put in category one, energy imports in category two, imports for the export-oriented industry in category three while imports for the agricultural industry in category four.

He said nations and politicians should learn from the mistakes of the past and work together for the development of the country.

The Finance minister said the smuggling of the greenback to a neighbouring country, import of wheat, and its partial subsidization and smuggling of wheat and fertilizers are the three main reasons behind the deteriorating economy.

 

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PML-N MNA Chaudhry Ashraf arrested in land grabbing case

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Chaudhry Ashraf

ACE Punjab arrested PML-N MNA Chaudhry Ashraf He is accused of illegally occupying state land Ashraf allegedly bribed the revenue officer to obtain fake allotment   LAHORE: Punjab Anti-Corruption Establishment (ACE) has arrested Pakistan Muslim League-Nawaz (PML-N) MNA Chaudhry Muhammad Ashraf for illegally occupying state land. In a statement, the ACE said that Ashraf, who … Read more

Hamza Shehbaz to return on Jan 5 amid political crisis

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Hamza Shehbaz will return to Pakistan on Jan 5 He is currently in the United States He will hold a PML-N parliamentary meeting on Jan 7 LAHORE: PML-N leader Hamza Shehbaz has decided to return to the country amid an ongoing political crisis in Punjab, BOL News reported. According to reports, Hamza Shehbaz will arrive … Read more

LHC hears petition against denotification of CM Punjab

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LHC petition CM Punjab

LHC heard the case of CM Punjab denotification LHC sought assurance that assemblies will not be dissolved CM’s lawyer completed his arguments before court LAHORE: The Lahore High Court (LHC) heard the case of denotification of CM Punjab announced by Governor Baligh ur Rehman and sought assurance that assemblies will not be dissolved, only then … Read more

PML-N withdraws no confidence motion against CM Punjab

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CM Punjab Pervaiz

PML-N takes back no-confidence against CM Punjab the development came after the denotification ‘Only’ the motion against chief minister was withdrawn LAHORE: Pakistan Muslim League-Nawaz (PML-N) takes back the no-confidence move against CM Punjab Pervaiz Elahi. The development came after the denotification of the CM by Governor Punjab. PML-N leader Khalil Tahir Sandhu said, “The … Read more

CM Punjab denotified: LHC to hear PML-Q plea shortly

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LHC

LHC to hear PML-Q plea today Petition requests court to nullify denotification of CM Punjab A five-member bench will hear the case LAHORE: The Lahore High Court (LHC) has scheduled the hearing for today on the petition filed by PML-Q against the denotification of CM Punjab Pervaiz Elahi by Governor Punjab. A five-member bench headed … Read more

Prime Minister Shehbaz Sharif contacts Nawaz Sharif: Sources

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Prime Minister Nawaz Sharif

Prime Minister Shehbaz Sharif contacted Nawaz Sharif Both discussed the political situation in Punjab PML-N supremo issued instructions regarding political heat ISLAMABAD: Following the political situation in Punjab, Prime Minister Shehbaz Sharif contacted Pakistan Muslim League-Nawaz (PML-N) Supremo Nawaz Sharif over the phone. Sources in the know informed that Nawaz Sharif and Shehbaz Sharif discussed … Read more

Ayaz Sadiq excuses from being appointed PML-N Lahore President

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Ayaz Sadiq

Shehbaz Sharif has decided to reconstitute the PML-N He had instructed to appoint PML-N President in Lahore He directed to complete reorganization before next elections LAHORE: Prime Minister Shehbaz Sharif has decided to reconstitute the Pakistan Muslim League-Nawaz (PML-N) before the next general elections. The PML-N President has decided to mobilize all party organizations ahead … Read more

PML-N, PPP convene meetings after Imran’s announcement

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PML-N, PPP

PML-N, PPP have convene meetings to discuss the situation PDM is expected to hold a summit next week Imran Khan announced to dissolve assemblies on Dec 23   ISLAMABAD: The ruling coalition government has summoned party meetings after PTI Chairman Imran Khan announced to dissolve the provincial assemblies of Punjab and Khyber Pakhtunkhwa. Prime Minister … Read more

PML-N to move no-confidence motion against CM Punjab

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Lawyers' colonies to be

PML-N to move no confidence against CM Punjab No confidence will also be moved against Speaker Punjab Assembly The development came as PTI is about to announce the decision regarding the dissolution of assemblies LAHORE: Pakistan Muslim League-Nawaz (PML-N) has decided to bring a no-confidence motion against the Punjab Chief Minister and the Speaker of … Read more

Shehbaz Sharif calls an important meeting of PML-N in Model Town

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Shehbaz Sharif
  • Sources said senior PML-N leaders will attend the meeting to discuses current political situation.
  • In the meeting, PML-N will finalize the strategy keeping in view the possibility of dissolution of the assembly.
  • “There will be final consultation on the constitutional and legal options to prevent the dissolution of assembly.

LAHORE: Prime Minister and President Pakistan Muslim League-Nawaz (PML-N) Shehbaz Sharif called an important meeting of party leaders in Model Town to discuss the current political situation and possible dissolution of the Punjab Assembly.

Sources said senior PML-N leaders will attend the meeting and the matter of Imran Khan’s expected announcement of the dissolution of the assemblies will be discussed.

In the meeting, PML-N will finalize the strategy keeping in view the possibility of dissolution of the assembly.

During the meeting, there will be a final consultation on the constitutional and legal options to prevent the dissolution of the assembly.

Sources said the procedure for the motion of no-confidence and the vote of confidence will be decided.

PML-N sources said “If the Assembly is dissolved by Imran Khan, the party will bring forward its future strategy. The leadership will be informed about the backdoor contacts with Chief Minister Punjab Parvez Elahi to prevent assembly dissolution.”

Sources said, “If Parvez Elahi is against the dissolution of the assembly, then the PML-N will support Parvez Elahi as CM.”

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PML-N workers conventions in Kasur, Sheikhupura, Swat today: Marriyum

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Marriyum Aurangzeb
  • She said Federal Minister Mian Javed Latif would address the workers at Chitti Kothi, Sheikhupura at 4 pm.
  • Marriyum Aurangzeb said PM’s Adviser Amir Muqam will address the workers’ convention in Swat at 320 pm.
  • Malik Ahmad Khan would address at  Children’s Park, Khadian Khas at Kasur at 3 pm.

ISLAMABAD: Minister for Information and Broadcasting Marriyum Aurangzeb said on Friday that Pakistan Muslim League (N) workers’ conventions will be held today in Kasur, Sheikhupura and Swat.

In a tweet,  she said that Minister for Planning and Development  Ahsan Iqbal, Minister for Railways Khawaja Saad Rafiq and Malik Ahmad Khan would address at  Children’s Park, Khadian Khas at Kasur at 3 pm.

She said Federal Minister Mian Javed Latif would address the workers at Chitti Kothi, Sheikhupura at 4 pm.

Marriyum Aurangzeb said Prime Minister’s Adviser Amir Muqam will address the workers’ convention in Swat at 320 pm.

 

Earlier, Marriyum Aurangzeb, Federal Minister for Information and Broadcasting, said the government has chalked out a national emergency plan for energy conservation aimed at reducing import bill of the country.

The plan was devised at a meeting chaired by Prime Minister Muhammad Shehbaz Sharif in Islamabad on Thursday.

 

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PML-N to use all options to ensure Punjab Assembly is not dissolved: Tarar

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PML-N

LAHORE: The Pakistan Muslim League-Nawaz (PML-N) failed to decide on filing a vote of no confidence in the Punjab Assembly and instead decided to use all constitutional options to ensure the provincial assembly is not dissolved. PTI Chairman had announced to quit the provincial assemblies in a bid to force the government to hold early … Read more

PML-N unlikely to file no-confidence motion against CM Punjab: sources

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LAHORE: The Pakistan Muslim League-Nawaz (PML-N) is unlikely to bring a vote of no-confidence against Chief Minister Punjab, sources revealed to BOL News. Well-informed sources within the PML-N revealed that if the no-confidence motion is brought, it will be difficult to for the allied parties to fulfill the requisite 186 members required for the motion. … Read more

Tasneem Haider goes missing, life under threat: sources

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Tasneem Haider

Tasneem Haider Shah, who made startling revelations against the PML-N leadership regarding the attack on PTI Chairman Imran Khan and murder of journalist Arshad Sharif, has reportedly gone missing. According to reports, Tasneem Haider has not been in contact with his family or friends ever since he leveled the accusations against the PML-N leaders in … Read more

PML-N to conduct intra-party polls on Dec 30: ECP told

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PML-n intra-party polls

ISLAMABAD: The Pakistan Muslim League-Nawaz (PML-N) has told the Election Commission of Pakistan (ECP) that the party will hold intra-party elections on December 30. A four-member bench headed by ECP Sindh member Nisar Ahmed Durrani heard the case on the issue of PML-N intra-party elections. The PML-N counsel appeared before the commission and was questioned … Read more

ACE Punjab arrests PML-N Senator’s son

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PML-N Senator

LAHORE: Punjab Anti-corruption Establishment (ACE) team arrested the son of Pakistan Muslim League-Nawaz (PML-N) Senator  Hafiz Abdul Kareem over land grabbing charges. A team of the anti-graft watchdog took Osama Abdul Karim in custody from Dera Ghazi Khan. The PML-N senator’s son is accused of building a shopping plaza by occupying the land of a … Read more

Nawaz Sharif requested relief on NAB Amendment Act 2022

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Nawaz Sharif requested relief
  • Nawaz Sharif requested the Accountability court to give him relief on the National Accountability Bureau (NAB) Amendment Act 2022
  • Nawaz Sharif submitted an application through lawyer Qazi Misbah, Advocate in the Accountability Court
  • Under the NAB Amendment Act 2022, the accountability bureau does not have the authority to take action in cases worth less than 50 crores.

ISLAMABAD: Former Prime Minister Mian Nawaz Sharif on Friday requested the Accountability court to give him relief on the National Accountability Bureau (NAB) Amendment Act 2022, BOL News reported.

According to the details, the Founder of Pakistan Muslim League Nawaz (PML-N) Nawaz Sharif submitted an application through lawyer Qazi Misbah, Advocate in the Accountability Court, where it was mentioned that the frozen assets should be restored and the accused should be released from the plot allotment reference.

Under the NAB Amendment Act 2022, the accountability bureau does not have the authority to take action in cases worth less than 50 crores.

As per the details, in the reference filed against Nawaz Sharif, an allegation of corruption of 13 million was made.

It was mentioned in the application filed by Nawaz Sharif’s lawyer that the accountability court has already ordered the acquittal of the three accused in this reference.

According to the details, the court had declared former Prime Minister Nawaz Sharif an absconder and ordered the confiscation of his property.

The Accountability court should end the proceedings against Nawaz Sharif under the NAB Amendment Ordinance, Nawaz Sharif’s Lawyer requested in the application.

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Rana Sanaullah to convey message of PM Shehbaz to MQM-P leadership

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message of PM Shehbaz to MQM
  • Rana Sanaullah will meet with MQM-P leadership on Tuesday to deliver Prime Minister Shehbaz Sharif’s special message
  • Rana Sanaullah, Ayaz Sadiq, and the party’s local leadership will be among the PML-N group
  • the interior minister will also meet with the families of the missing people to discuss what steps the federal government has taken to investigate the killings
  • Last week, Dr. Khalid Maqbool Siddiqui threatened to leave the government coalition in the center over the problem of missing party workers

KARACHI: Interior Minister Rana Sanaullah will meet with Mutahidda Qoumi Movement Pakistan (MQM-P) leadership on Tuesday to deliver Prime Minister Shehbaz Sharif’s special message at the MQM Bahadurabad office.

Following the MQM-P about missing party workers, a PML-N delegation will visit the MQM-P office in Bahadurabad to appease the ally in the center. Rana Sanaullah, Ayaz Sadiq, and the party’s local leadership will be among the PML-N group.

According to sources, the interior minister will also meet with the families of the missing people to discuss what steps the federal government has taken to investigate the killings.

The MQM-P leaders want to ask the interior minister about the federal government’s progress in discovering the killers of the missing workers during the meeting. The MQM-P would also examine other issues, including the city’s law and order condition.

Last week, Dr. Khalid Maqbool Siddiqui threatened to leave the government coalition in the center over the problem of missing party workers.

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PML-N submits resolution for removal of Ramiz Raja from chairmanship of PCB

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Ramiz Raja Shaheen Shah Afridi

PML-N submits resolution for removal of Ramiz Raja from chairmanship of PCB. Sadia Taimoor introduced the resolution in the House. Ramiz is currently unable to lead a national organization like PCB. Ramiz Raja should be removed as chairman of the Pakistan Cricket Board (PCB), the Pakistan Muslim League Nawaz (PML-N) tabled to the Punjab Assembly … Read more

ECP reserves verdict on Ishaq Dar’s disqualification

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ishaq dar

ISLAMABAD: Election Commission of Pakistan (ECP) has reserved verdict on a petition seeking the disqualification of former finance minister and PML-N leader Ishaq Dar as Senator. A four-member bench headed by ECP member Nisar Durrani heard the case. The petitioner Azhar Siddique’s assistant counsel Mahfouz Bukhari appeared before the election commission. The petitioner’s lawyer said … Read more

Court summons witnesses in NSC reference against Ahsan Iqbal

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CPEC

ISLAMABAD: An accountability court heard the Narowal Sports Complex reference case against PML-N leader and Minister for Planning and Development Ahsan Iqbal. Accountability Court judge Syed Asghar Ali heard the case as Ahsan Iqbal’s lawyer and NAB prosecutor appeared in the court. The PML-N leader’s lawyer said the petition for pre-trial acquittal is under hearing … Read more

12 PML-N leaders approach court seeking protective bail

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PML-N leaders

ISLAMABAD: Pakistan Muslim League-Nawaz (PML-N) leaders have approached the Islamabad High Court (IHC) seeking protective bail in a case related to rioting in the Punjab Assembly. A judicial magistrate had issued non-bailable arrest warrants for a dozen PML-N leaders, including prime minister’s special assistant Attaullah Tarar. The 12 PML-N leaders have filed a petition in … Read more

Govt not responsible for fixing petrol prices: PML-N’s Abbasi

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Abbasi

KARACHI: An accountability court on Wednesday heard a reference against PML-N stalwart and former prime minister Shahid Khaqan Abbasi for illegal appointments in the Pakistan State Oil (PSO). Ex-PM Abbasi and other accused appeared in court. The lawyer of the co-accused Sheikh Imran-ul-Haq sought time to give arguments. He said the accountability court can hear … Read more

Hamza Shehbaz to become opposition leader in Punjab Assembly

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Hamza Shahbaz political activities

Hamza Shehbaz will be Leader of Opposition in Punjab Assembly PML-N had made the decision after consulting allied parties Hamza is expected to return from London this week LAHORE: PML-N had decided to appoint Hamza Shehbaz as Leader of Opposition in Punjab Assembly, Bol News reports citing well-placed sources with the party. According to reports, … Read more

LHC urged to re-conduct Punjab Assembly Speaker’s election

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Punjab Assembly speaker

PML-N’s Saif-ul-Malook Khokhar challenged the election result He said the printing of serial numbers on ballot papers was illegal PTI’s Sibtain Khan had won the election of Speaker Punjab Assembly LAHORE: The Lahore High Court on Tuesday heard a petition filed by the PML-N seeking the re-election of the Speaker Punjab Assembly. A bench comprising … Read more

PML-N indecisive over Opposition Leader in Punjab Assembly

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opposition leader

LAHORE: The PML-N has still not decided on the new Leader of Opposition in the Punjab Assembly, Bol News reported citing well-paced sources within the party. A session of the Punjab Assembly has been summoned on Monday (today). However, PML-N is still undecided on who will represent the party in parliament. Several PML-N leaders are … Read more

Police raid Atta Tarar’s residence in Lahore

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Tarar raid

LAHORE: Police raided the residence of Special Assistant to Prime Minister (SAPM) Attaullah Tarar in the wee hours on Saturday after he failed to appear before a probe team investigating the May 25 incidents The raid was carried out at the residence of Attaullah Tarar in G-3 Johar Town. Lahore. However, Tarar was not present … Read more

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