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No-trust motion: Efforts to strengthen democracy will go in vain if matters escalate, says Sheikh Rasheed

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  • “Opposition will lose against the government in political fight,” says Rasheed. 
  • “Shahbaz will also talk about forming a technocrat government,” he adds. 
  • Says the MNAs will not face any obstacles at National Assembly.

ISLAMABAD: Federal Interior Minister Sheikh Rasheed on Thursday suggested that “matters [related to the political confrontation between the government and the Opposition] shouldn’t be escalated further, otherwise, all the efforts made [to strengthen democracy] will go to waste.”

Rasheed’s comment came as the political temperature in the country rises ahead of the vote on the no-confidence motion, which has been tabled by the Opposition to oust Prime Minister Imran Khan. 

Talking to journalists, Rasheed said there will be a holiday in Rawalpindi on March 21, adding that the Opposition will “lose against the government in the ongoing political fight.”

He went on to criticise PML-N President Shahbaz Sharif, saying that “he has revealed his true face by talking about forming a national government” adding that he will also talk about “forming a technocrat government.”

Rasheed also said that he has been “enjoying” his ministry for the last three years, adding that if he hesitates taking decisions during tough times, his political career would be useless, adding that he will make an announcement on March 25. 

Rasheed further said that the MNAs have the right to vote for or against the government and “no one will face any obstacles in the National Assembly.”

Claiming that around 12 MNAs have been staying at the Sindh House, Rasheed said that “people who sell themselves for the sake of their benefit will never succeed.”

The minister also said that he is standing beside Imran Khan “like a rock,” adding that he hopes to see all the allies supporting the government on the day of the no-confidence motion. 

Around 24 PTI MNAs staying in Sindh House: Raja Riaz

On the other hand, PTI’s disgruntled member of the National Assembly Raja Riaz claimed that around 24 PTI members have been staying in the Sindh House right now. He further said that many other ministers are ready to come here.

Riaz said that if PM Imran Khan assures all MNAs that no action will be taken against those who decided to vote against him on the day of the no-confidence motion, they are ready to go back to the Parliament Lodges.

Riaz, who is a member of the Jahangir Tareen Group, told journalist Hamid Mir that the disgruntled members would vote for the no-confidence motion against PM Imran Khan in “accordance with their conscience.”

While Riaz claimed that 24 members are staying in the Sindh House, Hamid Mir said that according to his counting, “20 PTI MNAs are present in Sindh House.”

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Business

Pakistan’s gold prices continue to decline.

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The price of ten grams of 24 carat gold dropped by Rs 1,201 to Rs 205,418 from Rs 206,619, while the price of ten grams of 22 carat gold dropped to Rs 188,300 from Rs 189,400, according to the All Sindh Sarafa Jewellers Association.

Silver, priced at Rs. 2,620 per tola and Rs. 2,254.80 per ten grams, stayed at that level. As reported by the organization, the price of gold dropped by $11 on the global market, to $2,297 from $2,308.

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Price of LPG “slashed” by Rs. 20 per kilogram

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Sources claim that LPG rates have been lowered by Rs 20, making the cost per kilogram drop from Rs 280 to Rs 260.

It is noteworthy to remark that the costs of LPG were reduced by Rs 20 per kilogram earlier, resulting in a total reduction of Rs 40 per kilogram within a few weeks.

The price of liquefied petroleum gas for the month of May 2024 was lowered by the Oil and Gas Regulatory Authority (OGRA) on April 30.

The LPG tariffs were lowered by Rs 11.88 to Rs 238.46 per kilogram in accordance with the OGRA’s notice. On Wednesday, May 1, 2024, the new rates will go into effect.

In April of last year, the price per kilogram of LPG was Rs 250.34. pricing reduction of Rs 140.18 has resulted in a new pricing for home LPG cylinders set for May 2024 of Rs 2813.85.

The OGRA reported a drop in liquefied petroleum gas pricing in April. The price of LPG is now Rs 250.34 per kg instead of Rs 256.78 due to a reduction of Rs 6.44 per kg.

The price of the household cylinder was fixed at Rs 2954.03 for the month of April, down from Rs 3030.12, a decrease of Rs 76.9.

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ADB delegation stops by FBR headquarters

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Senior Director ADB Tariq Niazi oversaw the expedition, which also involved Sana Masood, Farzana Noshab, and Senior Public Sector Management Specialist Laisiasa Tora. The meeting included presentations from economists as well, according to an FBR press release.

The officers focused on structural and policy adjustments as they discussed the Domestic Resource Mobilization Program’s implementation at the meeting.

$300 million was given to the Pakistani government by ADB in December 2023 as a result of the hard work and dedication of FBR. Better laws, regulations, and institutional capability for the FBR were established by Sub-Program I.

With the $300 million in funding provided by the Asian Development Bank (ADB) to the Government of Pakistan in December 2023, the delegation conveyed satisfaction with the program’s effective launch.

The FBR also underlined how crucial digitization is to recording the economy and boosting productivity in a sustainable way.

In order to promote the Government of Pakistan’s Digital Tax Administration Project, both parties decided to look into measures to improve their cooperation.

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