I am sure they already have them in the bag.Why is the esteemed Interior Minister broadcasting the information before apprehending the culprits. Massive idiots.
I am sure they already have them in the bag.Why is the esteemed Interior Minister broadcasting the information before apprehending the culprits. Massive idiots.
1 facilitator was apprehended while 3 were killed by CTD/Intelligence AgenciesI am sure they already have them in the bag.
I am sure they already have them in the bag.
As long as half hearted attempts are made, and root cause NOT addressed, innocent people will keep getting killed.1 facilitator was apprehended while 3 were killed by CTD/Intelligence Agencies
Kamiyab (successful) foreign policy of Imran Khan and SMQ.Bill tabled in US house to declare Pakistan 'state sponsor of terrorism’
Bill introduced by Rep Perry seeks to impose restrictions on US foreign assistance, a ban on defence exports and sales
News Desk
March 11, 2022
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Representative Scott Perry speaks during a House Foreign Affairs Committee hearing in Washington, DC, US, March 10, 2021.
PHOTO: REUTERS
A US lawmaker has introduced a bill titled “Stopping Pakistani Terror Act” in the Congress that seeks to designate Pakistan as a state sponsor of terrorism.
The bill tabled by US Congressman Scott Perry on March 8 read, “To provide for the designation of the Islamic Republic of Pakistan as a State Sponsor of Terrorism, and for other purposes.”
The bill introduced in the House of Representatives has been referred to the Committee on Foreign Affairs.
“Effective on the date that is 30 days after the date of the enactment of this Act, the Islamic Republic of Pakistan shall be deemed to be a country the government of which the [US] Secretary of State determines has repeatedly provided support for international terrorism..,” read the bill.
The main categories of sanctions include restrictions on US foreign assistance, a ban on defence exports and sales, financial transactions and others.
The US government will be prohibited to export or “otherwise providing (by sale, lease or loan, grant, or other means), directly or indirectly, any munitions item” to a country subjected to the sanctions mentioned in the bill.
Also read: Bill moved in US Senate to sanction Taliban, supporters
“[US] shall suspend delivery to such country of any such item pursuant to any such transaction which has not been completed at the time the Secretary of State makes the determination..”
The development comes at a time when Pakistan has been facing immense pressure from the West to condemn Russia’s attack on Ukraine.
However, Pakistan has refused to criticise Moscow's actions but it has called for resolving the dispute through dialogue and diplomacy.
Last year, a group of high-profile US senators – including a former presidential nominee – has moved a bill in the US Senate seeking imposition of sanctions on the Afghan Taliban that could also potentially extend to Pakistan.
The bill, titled ‘Afghanistan Counterterrorism, Oversight, and Accountability Act’, triggered an angry rebuke from a senior member of Pakistan’s cabinet.
The 22 lawmakers, all from the Republican Party, introduced the bill that requires “the imposition of sanctions with respect to the Taliban and persons assisting the Taliban in Afghanistan, and for other purposes.”
Pertaining to Pakistan, the bill elaborated that “the first report… shall include – (1) an assessment of support by state and non-state actors, including the Government of Pakistan, for the Taliban between 2001 and 2020, including the provision of sanctuary space, financial support, intelligence support, logistics and medical support, training, equipping, and tactical, operational, or strategic direction; (2) an assessment of support by state and non-state actors, including the Government of Pakistan, for the 2021 offensive of the Taliban that toppled the Government of the Islamic Republic of Afghanistan… (3) an assessment of support by state and non-state actors, including the Government of Pakistan, for the September 2021 offensive of the Taliban against the Panjshir Valley and the Afghan resistance.”
Govt decides to cut PSDP by Rs300 billion
Reduction might increase completion period of existing projects to more than 11 years
Shahbaz Rana
March 17, 2022
ISLAMABAD:
The federal government has proposed Rs100 billion further cut in the development budget, bringing the total reduction to Rs300 billion this year, which has jeopardised financing plans of some strategically critical projects, including the nuclear-power schemes.
The government has decided to cut the development budget by a total Rs300 billion or one-third at a time, when there is an additional demand of Rs254 billion for financing the ongoing projects by the ministries, sources told The Express Tribune.
The remaining Rs600 billion development budget will result into a situation, where the average completion period of the existing development projects portfolio will jump to nearly 11 and half years, they added.
The Finance Ministry has informed the Planning Ministry that it wanted to reduce the Public Sector Development Programme (PSDP) budget from Rs900 billion to Rs600 billion for the current fiscal year, senior officials in both the ministries confirmed to The Express Tribune.
After the intimation by the Finance Ministry, Planning Minister Asad Umar held a meeting with Finance Minister Shaukat Tarin on Tuesday, urging him to review the decision. The sources said that Umar informed Tarin that the Rs600 billion total allocation might result into a situation where the spending orders already issued to the ministries would have to be withdrawn.
READ Political interference blamed for stymieing G-B’s development project
The Finance Ministry slashes the PSDP amid the government’s plan for big public sector spending initiatives, including on projects in the South Punjab. The Ministry of Finance did not officially commit for this article but its senior official confirmed that it had been proposed to slash the development budget by further Rs100 billion to make room for the spending under the prime minister’s relief package.
In the budget, the National Assembly had approved Rs900 billion for the PSDP, which the government first cut to Rs700 billion last month under an understanding with the International Monetary Fund (IMF).
The prime minister had announced Rs246 billion relief package without having fiscal space and despite some initial resistance from the Finance Ministry. The package has also put the IMF programme at stake.
The government is diverting the capital expenditures to non-productive purposes, which the analysts said, was against the fiscal prudency and would push the country deeper into the debt trap. The current development portfolio comprises of 1,165 projects, having an estimated cost of Rs9.7 trillion.
After adjusting the expenditures that are already incurred on these schemes, the remaining financing requirements are estimated at Rs6.8 trillion. But with the leftover Rs600 billion budget, these projects, on an average, cannot be completed before 11 and half years at this pace of funding.
The government had so far authorised spending of Rs509 billion but the actual development spending remained at Rs338 billion, according to the Planning Ministry officials. The Planning Ministry had held project review meetings with the relevant ministries a few weeks ago. The ministries have put forward additional demand of Rs254 billion for completion of the projects.
The sources said that the PAEC’s additional requirements were genuine but with a cut in the PSDP, it was not feasible to provide more money. Out of Rs27 billion current allocation, the government has given Rs17 billion to the PAEC, so far.
The sources said that the maximum demand of Rs164 billion was placed by the Pakistan Atomic Energy Commission for carrying out work on its ongoing schemes. The government had allocated only Rs27 billion to the PAEC for the current fiscal year. The commission has total outstanding requirements of Rs763 billion for 18 projects but it does not need the whole financing in this fiscal year.
The Ministry of Finance was also executing 69 projects worth Rs318 billion. Its current year’s allocation was Rs123 billion and the spending so far remained around Rs70 billion. The sources said that the Finance Ministry also demanded additional Rs10.5 billion for the projects.
READ Budget deficit to touch record Rs4.3tr
The Planning Ministry, the sources continued, was also facing pressure to give funding to the schemes being pushed by the parliamentarians, belonging to the allies of the ruling party. The disbursement process was expedited last week for some of the projects that were being executed in the Gujrat city, they added.
The sources said that the Water Resources Division that is executing 103 projects, costing Rs3.1 trillion, had also demanded additional funds. The Water Division had asked for Rs22 billion, as it termed the existing allocation of Rs103 billion insufficient, said the sources. There were 37 projects of the Water Resources Division that did not get any money during almost eight months of the current fiscal year.
The Water Resources Division has so far spent Rs35 billion on development activities. The National Highway Authority has also demanded an additional Rs28 billion financing to carry out work on the ongoing schemes. The government had given it Rs118 billion to manage Rs2 trillion portfolio. It has so far spent Rs30 billion.
The National Transmission and Dispatch Company has also sought Rs22 billion more, as it too said that the existing allocation of nearly Rs70 billion was not sufficient. The NTDC is managing 98 projects, having cumulative cost of Rs897 billion. Its remaining financing needs over the gestation period is Rs690 billion.
Pakistan's atomic program is fed from development budget!?
On the other side of border, US is supporting to Iran to further their nuclear program, but in Pakistan we have budget cuts by smart & handsome.
If Imran Khan is allowed to rule few more years, he would issue ordinance, declaring pictures of Iranian supreme leader be displayed alongside Jinnah.
US court denies relief to Pakistan in Reko Diq case
District court tells Pakistan to comply with the $6bn award
Hasnaat Malik
March 17, 2022
ISLAMABAD:
Washington DC’s District Court has dismissed Pakistan’s motions for stay enforcement of $6 billion award against the country in Reko Diq case by the International Centre for Settlement of Investment Disputes (ICSID) in July 2019.
The ICSID imposed a $6 billion fine on Pakistan on July 12, 2019 for revoking a contract for mining at Reko Diq in Balochistan. A British Virgin Islands (BVI) court also ruled on the matter, attaching Pakistan International Airlines’ (PIA) assets in New York and Central Paris to enforce the award.
Investment Arbitration Reporter (IA Reporter) has reported that Pakistan argued that it had not waived its sovereign immunity under the Foreign Sovereign Immunities Act (FSIA) since no valid arbitration agreement existed.
The court, however, emphasised that it was not entitled to review such an arbitrability argument with respect to an ICSID award under the FSIA. It added that even if it were allowed to do so, it would owe deference to the arbitration tribunal’s decision on this issue.
Also read: Won’t budge an inch on Reko Diq: Bizenjo
The court next noted that the US statute implementing the ICSID Convention required courts to give awards “the same full faith and credit as if the award were a final judgment” of a state court.
While Pakistan contended that no such full faith and credit should be granted since the arbitration tribunal lacked jurisdiction ratione materiae, the court swiftly disposed of this argument, stressing that “longstanding precedent bars this attempt to recycle a losing jurisdictional argument”.
Consequently, Pakistan’s motion to dismiss was rejected.
IA Reporter further reported that the court closed its order by emphasising that the award was final and that in application of Articles 53(1) and 54(1) of the ICSID Convention, Pakistan was obliged to abide by and comply with the award, as well as to enforce the pecuniary obligations arising under the award.
The court next directed the parties to agree on a joint proposed final judgment consistent with its Memorandum Opinion, including the current amounts for pre- and post-award interest.
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Not only Iran... you shall add India and UK too, and you don't need to ask me, rather a simple internet search would help you expose axis of evil.how did you reach to this conclusion ?? I have noticed that you some how link everything bad on planet earth to IK + Iran .. Also if not IK then who else in your view should lead Pakistan ??