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Shehbaz Sharif raises minimum wage of govt employees to Rs25,000

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  • The decision is applicable from April 1, 2022.
  • Shehbaz announces 10% increase in civil, military pensions.
  • Newly elected PM says the parliament’s security committee would be given a briefing on the “threat letter”.

ISLAMABAD: In his first speech in the National Assembly as the prime minister of Pakistan, Shehbaz Sharif Monday raised the minimum wage of government employees to Rs25,000 which is applicable from April 1.

He further announced that 10% salaries will be increased of all people earning less than Rs 100,0000 per month, with effect from April 1. Shehbaz also announced a 10% increase in civil and military pensions of retired employees.

Following the ouster of PTI chairman Imran Khan from the office of the prime minister, the Opposition’s joint candidate Shehbaz Sharif was elected as the 23rd premier of Pakistan today.

Shehbaz secured 174 votes as opposed to PTI’s candidate Shah Mahmood Qureshi, who received no votes after his party decided to boycott the polling process.

The premier mentioned that it was for the first time in the history of Pakistan that a prime minister was ousted through the no-confidence motion.

Among other relief measures, PM Shehbaz said that cheap wheat will be introduced at utility stores, laptops will be provided to the youth, and Benazir Card will be introduced.

‘We need to wash out the effects of previous govt’

Regarding the economy of Pakistan, Shahbaz said if Pakistan were to progress, then it needs to be self-sufficient on the financial front.

“…we will need to protect and respect the nation as neither was anyone a traitor nor are they traitors now,” the prime minister said, noting if Pakistan’s economy were to move forward, then, the government will have to use “dialogue” and not move towards a deadlock.

PM Shehbaz Sharif said hard work was required for Pakistan’s progress as if only statements could move the country forward, then during PTI’s tenure, “we would have been among the leading nations.”

“We will need to wash out the effects of the previous government by working together, otherwise, we will fail […] our economy is in a bad situation right now,” the prime minister said.

Shehbaz said the new government would take steps to make Pakistan an “investment heaven” for investors as he noted their capital would help the country move forward.

He announced that despite Punjab “being the elder brother” if all the other provinces remain behind in terms of development, then it is not Pakistan’s development, it was just a single province’s development.

“…this servant of Pakistan vows to make sure that Pakistan will develop and not just Punjab,” Shehbaz said.

He said the government would reintroduce the Benazir Card and interlink it with the education sector in a bid to facilitate people whose children go to school.

“Our children should be equipped with great knowledge […] we will reintroduce this programme with consultation,” he said and lashed out at the PTI government for discontinuing it.

In-camera briefing on ‘threat letter’ 

The newly-elected prime minister said the Opposition was discussing the no-confidence motion days before Imran Khan’s “concocted threat letter controversy”.

“They say that this letter came to them on March 7, but our decisions were made way before that, so, if [what the previous government claimed] is a lie, then the matter should be disclosed transparently before the public,” he said.

Therefore, PM Shehbaz Sharif announced that the parliament’s security committee would be given a briefing on the “threat letter” to the members of the committee in presence of the armed forces personnel and bureaucrats — the director-general Inter-Services Intelligence, foreign secretary, and the ambassador who wrote it, who has now been transferred to Brussels.

“If there’s an iota of evidence that we were backed by foreign conspirators […] then with you Mr speaker and God as my witness, I will not think for another second and resign from the office of the prime minister,” PM Shehbaz Sharif said, vowing to hold an in-camera session of the security committee at the earliest.

The prime minister thanked his brother and ex-premier Nawaz Sharif for his support, while also lauding social media activists, press clubs, media houses, and lawyers for backing the Opposition’s struggle for democracy.

Take on foreign policy

Speaking about foreign policy, Shehbaz said China has been Pakistan’s partner through thick and thin. “No one can snatch Pakistan and China’s friendship from us,” he said, calling it a “long-lasting relation.”

He also reiterated that China-Pakistan Economic Corridor (CPEC) will be carried forward and the projects will move forward at a faster pace.

On relations with the United Kingdom, Shehbaz said that bilateral relations need to move forward as millions of Pakistanis live there, adding that the UK provided funding for education in all four provinces. Meanwhile, Shehbaz also maintained that relations with the US must also be established on equal grounds.

Speaking about India, the newly-elected prime minister lamented that despite them wanting peaceful ties with India, they know that until the Kashmir issue is resolved, relations between the two cannot be strengthened.

“Urging Indian premier Narendra Modi to understand the issues of the people living on both the sides; there is poverty, unemployment, medical issues, etc,” he said, questioning “why harming ourselves and the generations to come?”

He said Modi should come forward and resolve the Kashmir issue according to the will of the Kashmiris and reiterated that his government will continue to raise its voice for the people of Kashmir.

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Minutes after taking off from Lahore airport, a private airline plane was “hit by a bird.”

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Details show that an aircraft from Lahore to Karachi took off from the airport in Lahore, but it made a problematic landing a few seconds later.

The aircraft carrying 180 passengers was successfully landed at the Lahore airport by the pilot. They have moved the passengers of the impacted flight to the airport lounge.

Bird strikes on aircraft have been documented occasionally at the nation’s airports, yet the problem persists in spite of the CAA’s assertions.

In the first 11 months of 2022, birds struck at least 57 Pakistan International Airlines (PIA) aircraft.

Details indicate that PIA published a report on aircraft struck by birds in 2022.

53 bird-hit instances were documented between January and October, and four incidents were logged in November, the study states. The airport in Lahore International was the site of most of the incidents.

According to the research, five of the 57 PIA aircraft were damaged in 2022 due to bird collisions, but the aircraft were spared significant damage in 59 instances.

In addition, the birds struck twelve PIA planes during approach, eight during takeoff, and 21 after landing.

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Deputy Prime Minister to Represent Pakistan at CHOGM in Samoa in 2024

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Senator Muhammad Ishaq Dar, the deputy prime minister and foreign minister, will lead Pakistan’s delegation to the Commonwealth Heads of Government meeting in Samoa.

Pakistan’s views on major global issues and concerns will be discussed at the conference by the Deputy Prime Minister, who will concentrate on climate change, economic growth, and enhancing international collaboration within the Commonwealth.

His keynote speech at the Commonwealth Business Forum on “Transforming Our Workforce” will focus on Pakistan’s focus on digital transformation, skill development, and youth empowerment.

He will converse with the heads of delegation from other Commonwealth nations as well.

Mumtaz Zahra Baloch, the spokesperson for the Foreign Office, said in a statement that Pakistan’s attendance at CHOGM 2024 is a reflection of its ongoing dedication to the Commonwealth and its ties with tiny island pacific nations.

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China Contributes 43 New Foreign Firms to the 6% Growth in SECP Registrations

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The Securities and Exchange Commission of Pakistan has registered 2,617 new firms this year, a 6% increase from 2023, with assistance from the Special Investment Facilitation Council. This increases the overall number of businesses that are registered to 231,111.

Non-profits, trade associations, and public unlisted firms make up 4% of these, while private limited corporations make up 55% and single-member companies 41%. It is noteworthy that 99.8% of the registrations were done online, demonstrating SECP’s attempts to digitise.

Real estate has 237 new businesses, services has 306, and trade has 377 new businesses. These are the main sectors exhibiting growth. While the healthcare and textile industries each had 49 new businesses, the education sector saw 101.

China contributed the most, adding 43 new companies, out of the 61 new companies that were registered as a result of foreign investment.

These recently registered businesses are anticipated to decrease imports, increase domestic production, and contribute to closing the trade deficit.

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