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The 26th Amendment to the Constitution: The Amendment That Completes the Charter of Democracy: Bilawal

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1 month ago

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In his presentation to the national legislature, the Chairman of the Pakistan People’s Party, Bilawal Bhutto Zardari, described the 26th constitutional amendment as a democratic and political success for parliament. He stated that it completes the unfinished job of the charter of democracy.

For his significant contribution to the successful approval of the 26th constitutional amendment, Bilawal Bhutto Zardari expressed his thanks to the chief maulana of the JUI-F, Fazlur Rehman.

Additionally, he expressed gratitude to the PML-N, MQM-P, IPP, and ANP, along with other parties, for their contributions to the amendment.

Adding that they must make a concerted effort to remove political polarization, he stated that they will always make sure that parliament is supreme.

The Minister of Defense, Khawaja Asif, took part in the discussion and stated that the reason Pakistan went through the dark ages was because of dictators. He also stated that those who justify dictators should not discuss democracy.

In addition to this, he stated that the 26th amendment is intended to restore the constitutional authority of parliament.

Maulana Fazal Ur Rehman, the Chief of the JUI-F, stated in the house that the 26th constitutional amendment will give the parliament more power because it will not benefit people.

While this constitutional reform will give the parliament more power, he stated that they do not believe in criticism for the sake of criticism.

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Business

Irfan Siddiqui meets with the PM and informs him about the Senate performance of the parliamentary party.

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11 hours ago

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The head of the Senate’s Foreign Affairs Standing Committee and the PML-N’s parliamentary leader paid Prime Minister Muhammad Shehbaz Sharif a visit in Islamabad.

Senator Irfan Siddiqui gave the Prime Minister an update on the Parliamentary Party’s Senate performance.

Additionally, Senator Irfan Siddiqui gave the Prime Minister an update on the Senate Standing Committee on Foreign Affairs’ performance.

He complimented the Prime Minister on his outstanding efforts to bring Pakistan’s economy back on track and meet its economic objectives.

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Business

SIFC Increases Direct Foreign Investment: Investment in the Energy Sector Rises by 120%

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The Special Investment Facilitation Council is intended to help Pakistan’s energy sector attract $585.6 million in direct foreign investment in 2024–2025. The amount invested at the same time previous year was $266.3 million.

This is a notable 120% rise, mostly due to investments in gas exploration, oil, and power. Such expansion indicates heightened investor confidence and emphasizes the development potential in important areas.

The State Bank reports that foreign investment in other vital industries has increased by 48% to $771 million.

This advancement is a blatant testament to SIFC’s efficient investment procedure and quick project execution.

The purpose of the Special Investment Facilitation Council is to establish Pakistan as an investment hub by aggressively promoting regional trade and investment in the energy sector and other critical industries.

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Speaking to a press conference, Marriyum Aurangzeb says the PML-N government has restored the trust of investors.

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According to Marriyum Aurangzeb, senior Punjab minister, the PML-N government has won back the trust of investors by making strides in a number of areas, including agriculture.

Marriyum Aurangzeb, speaking at a press conference in Lahore, emphasized the Punjab government’s initiatives to bring about major changes in the province, particularly in Lahore.

Marriyum Aurangzeb stated that in order to guarantee sustainable growth, the master plan for Lahore has been completed, and plans of a similar nature are being worked on for other districts.

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