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SBP governor to be nominated next week: Finance Minister Miftah Ismail



  • Finance Minister Miftah Ismail says Acting SBP Governor Murtaza Syed has no hand in depreciation of rupee.
  • Defence Minister Khawaja Asif says govt will take all necessary steps needed to revive the economy.
  • If we had gone home, country could have gone bankrupt. We made a political sacrifice for the sake of country, says Asif.

ISLAMABAD: Finance Minister Miftah Ismail announced on Thursday that the government will nominate a new governor of the State Bank of Pakistan — a post that has remained vacant for more than two months — in the next week.

Addressing a press conference along with Defence Minister Khawaja Asif, the finance czar of the country said that the new governor will be nominated next week.

While talking about the depreciating rupee, Miftah also assured the reporters that Acting SBP Governor Murtaza Syed had no hand in the depreciation of the rupee.

He added that the local currency would stabilise against the greenback next month. 

“Due to import payments of $7.5 billion, pressure is coming on the rupee,” said the finance minister, adding that the rupee had also come under pressure due to the political crisis that resulted following PML-N’s thrashing in the July 17 by-polls.

“The demand for dollars in banks will decrease. Last month, there were imports of $7.5 billion and this month’s imports are less than last year,” said Miftah.

He further stated that the government was focusing on minimising imports and increasing exports.

The finance minister also stated that there has been a significant decrease in the import of diesel and furnace oil, adding that the country has a couple of months of furnace oil in its reserve.

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“The economy is moving in the right direction,” said the finance minister, repeating what his colleague Khawaja Asif had said in the press conference that the coalition government would sacrifice its political capital for the sake of the country.

Talking about the pressure on him, Miftah dismissed those rumours by saying that no one in the federal cabinet has accused him of the loss the PML-N took in the July 17 by-polls.

Reviving Pakistan’s economy main priority: Khawaja Asif

On the other hand, Asif assured the reporters that the coalition government’s main priority was to revive the economy.

“Will take all necessary steps needed to revive the economy,” the defence minister said while noting that his party may face the voters’ wrath in the elections.

“How many finance ministers did the previous government change? Whatever we did in three months, we did it sincerely,” said Asif.

The ministers also spoke about the PML-N’s thumping in Sunday’s by-polls, saying that compared to 2018, the PML-N’s vote bank had increased.

“In the constituencies where we took 6,000 votes last time, we grabbed 45,000 votes. Compared to 2018, we took 200,000 more votes in the recent by-elections,” said Asif.

The PML-N stalwart noted that there were some districts where his party had no vote banks in the past but received a large number of votes from those areas on Sunday. He also noted that the party had given tickets to PTI defectors instead of its workers in some places which had made them heartbroken.

“Ever since we took an oath, we have tried to bring stability rather than doing politics. We will learn from the experience of July 17,” said Asif.

The minister also reminded the media persons that the coalition government had taken over the charge themselves. 

“If we had gone home, the country could have gone bankrupt. We made a political sacrifice for the sake of the country,” said Asif.


Haj 2024: Pakistanis to get ‘free SIMs with internet’




Caretaker Minister for Religious Affairs and Inter-faith Harmony Aneeq Ahmed said Tuesday that the government would provide free-of-cost mobile SIMs with roaming internet packages to Pakistanis performing Haj in 2024.

In conversation with a private news channel, the caretaker minister said abayas would also be given to female pilgrims, having a Pakistani flag on the backside, and 13kg suitcases would be given to all.

The minister called the reduction of around Rs100,000 in the Haj cost a “historic step” taken by the caretaker government, noting that a further Rs50,000 would be slashed and the amount would be refunded to the people in their accounts.

He said a new mobile application has been designed to assist pilgrims, which will provide navigation support and enable constant communication between pilgrims and relevant officials.

Initially available in English and Urdu, the application will later incorporate various regional languages, he said, adding, that the app would also provide digital training programmes to every pilgrim.

The minister also disclosed a project that Haj ministry, with the collaboration of the education ministry, has planned to convert city mosques into schools to enroll out-of-school children where the mosques’ imams would play a leading role.

The minister said that mosques will play their role as community centers in every city areas, adding that imams will resolve community issues as well after offering prayers.

He said that haj ministry is taking all four provinces on board and enhancing the connectivity of mosques.

While describing another project, the minister said that his ministry with the collaboration of the health ministry has another project in the works, in which medical clinics will also be part of mosques.

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Three education board chairmen, several officers sacked in Sindh




KARACHI: Sindh caretaker Chief Minister Justice (retd) Maqbool Baqir Thursday approved the removal of three chairmen of education boards and ordered the sacking of several officers, Geo News reported, citing notifications from the CM House.

The interim chief executive removed the chairpersons of the Board of Intermediate Karachi, Sindh Technical Board, and Larkana boards. He also ordered the sacking of secretaries and controller examinations of BIEK, Nawabshah, Mirpurkhas, Sukkur, and Larkana boards.

Moreover, Larkana, Sukkur, Nawabshah, and Board of Secondary Education Karachi’s audit officers were also removed from their posts.

The Sindh government has also sought permission from the Election Commission of Pakistan (ECP) to appoint new personnel to the now-vacant positions — as interim rulers need the body’s approval for hiring people.

In the letter addressed to the commission, the government has also said that in several education boards across the province, top posts are being operated on “stop-gap” arrangements and in order for these departments to function better, permanent appointments need to be made.

According to the notifications available with Geo News, Justice (retd) Baqir has removed BIEK Chairman Dr Prof Naseem Memon and appointed him as the Board of Intermediate & Secondary Education Larkana’s (BISEL) chairman — where he will serve till June 30, 2024.

Zaheeruddin Bhutto, interim controller of examination of BIEK, was removed from his post effective immediately, while BIEK Secretary Kashif Siddiqui was also sacked — and he will return to his previous position.

Zahid Lakho, the audit officer of BIEK, was also stripped of his additional charge of the board’s secretary.

BISEL Chairman Sikandar Ali Miraj has also been removed with immediate effect, and he will be returning to his original post of Inspector of Instruction.

BISEL Controller Examination Nadeem Soomro has been removed from his position and directed to report to the Human Settlement and Social Housing Department.

On the instructions of the caretaker CM, Syed Aqash Shah was relieved of the charge of BISEL’s acting secretary.

Hyderabad board’s secretary Shaukat Khanzada was also removed from his post and directed to report to the college education department. Zahiruddin Sheikh, the audit officer of the Hyderabad board, has been sacked and asked to report to the board’s head office.

Ghulam Mustafa was removed from the post of BISEL’s audit officer and directed to report to the post of deputy controller.

Board of Intermediate and Secondary Education Sukkur (BISES) Secretary Mohammad Salman has been removed and asked to report to the deputy secretary’s office. BISES Controller Examination Dr Abdul Fateh Mehr has been removed and asked to report to the secretary’s office.

The caretaker chief minister has also removed Ghulam Qadir Dharijo, the audit officer of BISES, and directed him to report to the chairman’s office.

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Punjab to shut down school, colleges in Punjab’s smog-hit areas on Friday, Saturday




  • Lahore, Gujranwala among cities hit by smog.
  • Markets and restaurants to open for work at 3pm on Fri and Sat.
  • Govt offices to remain open on Fri; will start work at 3pm on Sat.

LAHORE: All schools, colleges and universities will remain closed on Friday and Saturday, as Punjab on Thursday notified measures to curb smog across the province as it impacts the daily life of citizens.

Punjab Caretaker Chief Minister Syed Mohsin Naqvi, who chaired a high-level meeting of the Punjab Cabinet Anti-Smog Committee today, announced the provincial government’s decision during a presser in Lahore.

The smog-hit cities include Lahore, Gujranwala, Faisalabad, Multan, Sahiwal, Sargodha, Kasur, Sheikupura, Hafizabad, Narowal, Nankana Sahib and Sialkot.

Markets and restaurants, he added, will open for work at 3pm on Friday and Saturday, while all kinds of businesses will have to be closed on Sunday. 

“Markets can remain open till night. We don’t want anyone to suffer loss, but they will have to adjust according to the situation.”

CM Punjab said offices will remain operational on Friday but will open for work at 3pm on Saturday. These measures, the chief minister added, are being taken as Air Quality Index (AQI) levels are higher in the morning and decrease with time.

The government will also install towers to clear smog in Lahore for which, CM Punjab said, a memorandum of understanding (MoU) has been signed.

He added that the government will also provide electric bikes to 10,000 students on subsidy to curb the use of regular motorcycles which cause air pollution for which a committee has been formed to finalise suggestions. Meanwhile, government employees will also be provided e-bikes on lease.

CM Punjab said the government is considering measures for artificial rain if clouds approach Lahore on November 29. 

However, that will only happen if a “specific kind of cloud” moves towards the city. The government has also decided to double the amount of water being sprinkled on the streets.

The chief minister said the main Mall Road on Sunday will only be open for bicycle users from morning till 5pm. Some of the measures, CM Naqvi said, have been taken symbolically, some are long-term, while others have been taken to break the peak of pollution in the city and province.

He also urged people to wear masks to protect their health.

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