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PPP, MQM-P sign agreement to develop ‘long-term partnership’ in various domains

Published

2 years ago

Farwa

Agreement based on partnership to ensure harmony, promotion of social justice, and economic well-being of Sindh citizens.
Agreement signed to ensure implementation of 60:40 urban and rural Sindh quota for jobs.
In separate news, Karachi Administrator Murtaza Wahab has decided to step down from his post.

ISLAMABAD: The PPP and MQM-P on Wednesday signed the “Charter of Rights for the people of Sindh” to develop a “long-term partnership” in various domains.

The agreement was signed after the MQM-P — which was one of the major allies of the PTI government — announced that it had formally decided to side with the joint Opposition ahead of the no-confidence motion against Prime Minister Imran Khan.

The two parties have signed the agreement to develop a “long-term partnership to ensure harmony amongst people; to promote social justice, and to secure the economic well-being of the people of Sindh, especially of those who are left behind for various reasons”.

According to the text of the signed document, the Supreme Court’s decision regarding the local government shall be implemented in letter and spirit within one month with the mutual agreement of PPP and MQM-P.https://www.scribd.com/embeds/567281507/content?start_page=1&view_mode=scroll&access_key=key-KR0XeLKpNPee98MH27eK

The agreement further mentioned ensuring the implementation of the 60:40 urban and rural Sindh quota for jobs, addressing the issue of fake domiciles, local policing, development of Sindh and Karachi in terms of infrastructure and transport, and investment in the health and education sectors of the province.

The deal also added that the two parties would collaboratively take all major political, administrative, and economic decisions in Sindh.

PPP’s Murtaza Wahab to step down as Karachi Administrator

Following the agreement signed between PPP and MQM-P, Karachi Administrator Murtaza Wahab has decided to step down from his post.

According to sources, Wahab has taken the decision in line with the orders of the party’s leadership.

The sources added that Wahab would be leaving his post within a day or two.

Business

Pakistan’s gold prices continue to decline.

Published

4 hours ago

Farwa

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.

Business

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

Published

4 hours ago

Farwa

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.

Business

ADB delegation stops by FBR headquarters

Published

4 hours ago

Farwa

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.