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Shehbaz Sharif takes oath as prime minister of Pakistan

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  • Senate Chairman Sadiq Sanjarani administers the oath to Shehbaz Sharif.
  • Shehbaz was elected as the premier after the ouster of PTI Chairman Imran Khan.
  •  President Alvi missed the ceremony after he complained of “discomfort”.

ISLAMABAD: Shehbaz Sharif took oath on Monday as the 23rd prime minister of Pakistan.

He was administered the oath by Senate Chairman Sadiq Sanjarani as President Arif Alvi complained of “discomfort”, according to the president’s Twitter account, hours before the oath-taking ceremony.

Shehbaz was elected as the premier after the ouster of PTI Chairman Imran Khan through a no-confidence motion. 

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

The poll took place under the chairmanship of MNA Ayaz Sadiq, two days after the lower house of Parliament voted in favour of removing Imran Khan from office, following a nearly 14-hour standoff between the Opposition and Khan’s ruling party that started on Saturday morning.

Shehbaz’s profile

Shehbaz is the longest-serving chief minister of the Punjab province, having served on the post three times since he began his political career nearly four decades ago.

Sharif is the son of Mian Muhammad Sharif, a well-known businessman, and the younger brother of Nawaz Sharif, the former prime minister of Pakistan.

Shehbaz is a graduate of the Government College in Lahore. He first came into the spotlight in 1985, when he was appointed the president of the Lahore Chamber of Commerce and Industry.

But his foray into politics began in 1988 when Sharif was elected as a member of the Punjab assembly (MPA). He served for a short stint, till 1990 when the assembly was dissolved.

The same year, he contested and won a national assembly constituency and became a member of the lower house of Pakistan’s parliament. In 1993, he again returned to the Punjab assembly and was appointed leader of the opposition till 1996.

Then in 1997, Sharif won a Punjab constituency for the third time and went on to become the chief minister of Punjab, Pakistan’s most politically important province. However, after the military overthrew the PML-N government, Sharif was imprisoned and later sent into exile for eight years.

Returning in 2008, Sharif was again elected as a member of the Punjab assembly and then became chief minister for a second term. This time he served his full term as chief minister.

After the general polls in 2013, Sharif returned as chief minister of his home province. While in the 2018 polls, he decided to retain his national assembly seat and was nominated as the leader of the Opposition.

In 2019, Shehbaz Sharif declared his net wealth to be Rs100,725,909 to the Election Commission of Pakistan (ECP), including investments in Hudabiya Engineering, Hamza Spinning Mills and Hudabiya Paper Mills as well as agricultural properties in Sheikhupura and Lahore.  

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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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