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PM Shehbaz meets world leaders amid Egypt’s Climate Implementation Summit

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  • PM Shehbaz meets world leaders and dignitaries during Egypt visit.
  • PM thanked EU Commissioner for its nations’ support for Pakistan in FATF grey list removal.
  • Premier thanks international community for helping Pakistan’s flood victims.

SHARM EL-SHEIKH: Prime Minister Shehbaz Sharif, during his maiden official visit to Egypt to attend the Climate Implementation Summit, has been meeting with world leaders and dignitaries on the sidelines of the summit in Sharm El-Sheikh.

In his meeting with the European Union Commissioner Ursula von der Leyen, PM Shehbaz appreciated the spirit of EU nations for their support extended to the flood-hit population of Pakistan.

The premier stressed the significance of achieving shared goals that the EU and Pakistan have worked on together, particularly the cooperation extended by EU nations toward the removal of Pakistan’s name from the Financial Action Task Force’s grey list.

“Unity is essential to combat the effects of climate change,” he said, adding that the impact of climate change faced by developing countries at present will eventually spread across the world.

The premier also spoke about increasing bilateral trade between Pakistan and the EU.

PM Shehbaz, during his ongoing visit, also met with the Secretary General of the Arab League on the sidelines of COP27’s High-Level Segments. The two leaders discussed issues of bilateral and mutual interest, agreeing on strong cooperation to prevent the devastating impacts of climate change.

The prime minister has also separately met with the Presidents of Iraq, Tajikistan and Indonesia Abdul Latif Rashid, Emomali Rahmon, and Joko Widodo, respectively. He also conducted a meeting with Lebanese PM Najib Makati.

PM Shehbaz thanked the international community for helping Pakistan’s flood victims and discussed bilateral, regional and global issues with them.

In his meeting with the President of the United Arab Emirates Sheikh Mohammed bin Zayed al-Nahyan, the premier thanked him for the assistance sent for aid and assistance of flood victims.

“The international community must come together to create a common charter for the survival of the planet,” PM Shehbaz iterated during his engagements in Egypt.

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Business

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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Business

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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Latest News

Off-duty police in Islamabad are prohibited from donning uniforms.

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The new directives, according to specifics, were sent via wireless by the federal capital police and state that no officer may wear a uniform when reporting for duty or leaving it.

According to the police official, uniforms will only be worn when on duty; otherwise, two policemen will accompany each other during duty hours and will always be required to carry guns.

A different development was the earlier release of an app by the Islamabad Police with the goal of improving crime prevention and public safety.

Launched on the orders of former Interior Minister Sarfraz Akbar Bugti, the recently released ICT-15 app aims to empower the people of the capital city by giving them the ability to actively engage in the battle against crime and protect their areas.

Residents of Islamabad can now easily download and utilize the ICT-15 app because it is easily accessible on the Google Play Store.

Citizens can report a variety of issues with this easy-to-use application, such as incidents, unlawful behavior, complaints against law enforcement, the presence of undocumented people, or any suspicious criminal activity.

The police promise quick reaction times as soon as information is reported using the app, so assistance will be provided as quickly as feasible.

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