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Pakistan’s desire for peace should not be considered its weakness: PM Shehbaz

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  • PM Shehbaz Sharif arrives in Karachi on a day-long visit.
  • Holds meetings with MQM-P and PML-N delegations.
  • Visits Nawabshah to condole with Asif Zardari over his mother’s death.

KARACHI: Prime Minister Shehbaz Sharif said Saturday that Pakistan wants to have good relations with its neighbouring countries, but its desire for peace should not be considered a weakness.

In his address at the passing out ceremony at the naval academy, the prime minister — who is on a day’s visit to Karachi — said the navy plays an important role in guarding the country’s maritime borders.

“…I am also proud of the Pakistan Army for making the defence impregnable,” he added.

The prime minister expressed happiness over witnessing women cadets in the passing out parade.

“You are a guiding light for all Pakistani women,” he said.

On his arrival in the city, Chief Minister Sindh Murad Ali Shah received PM Shehbaz and later the premier inspected a guard of honour during the passing out parade at the naval academy.

Political meetings

The prime minister held a detailed meeting with CM Sindh to discuss the overall political and development situation in the province, sources said.

Apart from this, he also met with delegations from the PML-N and MQM-P.

The MQM-P delegation stressed the appointment of a governor and the implementation of the agreement that was made with the PPP when the then-opposition sought MQM-P’s support to oust the PTI government.

MQM-P Convener Khalid Maqbool Siddiqui led the delegation, while Federal Minister for Information and Technology Aminul Haque, and senior party leaders Wasim Akhtar and Kanwar Naveed Jameel were also part of it.

MQM-P complains to PM over non-implementation of agreement

After the meeting concluded, sources told Geo News that MQM-P complained to PM Shehbaz over non-implementation of the agreement the latter had signed with the PDM parties to topple the Imran Khan-led government.

Sources said that the MQM-P complained to the premier over PPP’s “slowness” in implementing of the agreement that had made with the PDM parties. It also expressed regret over the delay in the legislation that the MQM had demanded to be made on the Sindh local government law in light of the Supreme court decision.

On the other hand, PM Shehbaz assured the MQM-P that he will form a committee for the implementation of the agreement made with the Karachi-based party. He also assured the MQM-P that he will speak to the PPP, which is ruling in Sindh, over the implementation of the agreement.

The sources also told Geo News that the premier took the MQM-P into confidence over the decisions taken by the federal government on the economy.

PM condoles with Asif Ali Zardari

Prime Minister Shehbaz Sharif (centre right) offers prayers for PPP Co-chairman Asif Ali Zardaris (centre left) mother who passed away earlier this week in Nawabshah, on June 25, 2022. — Prime Ministers Office
Prime Minister Shehbaz Sharif (centre right) offers prayers for PPP Co-chairman Asif Ali Zardari’s (centre left) mother who passed away earlier this week in Nawabshah, on June 25, 2022. — Prime Minister’s Office

Later, the prime minister travelled to Nawabshah to offer condolences to PPP Co-chairman and former president Asif Ali Zardari on the demise of the latter’s mother.

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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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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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