Connect with us

Pakistan

Ishaq Dar takes oath as senator after five years of self-exile

Published

on

  • Dar will take oath as finance minister tomorrow (Wednesday).
  • President Arif Alvi to administer oath to Dar at Aiwan-e-Sadar.
  • Preparations for oath-taking ceremony are underway.

PML-N leader Ishaq Dar on Tuesday took oath as a senator during a swearing-in ceremony at the Senate after living five years in self-imposed exile in the United Kingdom.

Dar had been successfully elected to the Senate from Punjab but had been out of the country since October 2017.

Senate Chairman Sadiq Sanjarani administered the oath amid the ruckus created by the Opposition. PTI members tore the copies of the agenda of the meeting to register their protest and also surrounded the dais.

The Senate chairman directed all members to maintain the decorum of the Upper House as Dar continued to receive felicitations from members of the coalition parties.

The politician, who touched down in Pakistan with Prime Minister Shehbaz Sharif Monday night, will swear in as the federal finance minister tomorrow (September 28) at 10am.

President Arif Alvi will administer the oath to Dar at Aiwan-e-Sadar. All arrangements for the oath-taking ceremony will be completed by tomorrow morning.

‘Rupee’s value kept artificially low’

Blaming the hundi and hawala businesses, Dar said that the rupee’s value has been kept low artificially, adding that such practices cannot hold the local currency hostage.

In a question-and-answer break during the Senate session, Dar said that the US dollar depreciated by around Rs10 against the rupee since he landed in the country, stating that one of the problems faced by the country is the artificial depreciation of the rupee.

“Inflation is also high,” he said listing the issues that the coalition government has to fix.

Referring to the winning streak of the rupee in the market, the PML-N leader said that the country’s debt reduced by Rs1,350 billion in less than 24 hours. He also stressed the need for amendments to the previous finance bill.

‘I will try my best to pull Pakistan out of maelstrom’

“I have returned to my country by the grace of God. I will try my best to pull Pakistan out of the [economic] maelstrom it is surrounded with,” Dar had said earlier.

He shared that PML-N President Nawaz Sharif and the PM have handed over the responsibility of the finance ministry to him.

“[We] pulled Pakistan out of an economic maelstrom back in 1998 and 2013,” the incoming finance minister said.

Dar has returned to “facilitate” the government in its efforts to resurrect the cash-strapped economy by taking over the key portfolio of the finance ministry.

Miftah Ismail stepped down as the finance minister in line with the party’s decision ahead of Dar’s arrival

The decision was made during a meeting of PML-N leaders in London, including Nawaz Sharif, PM Shehbaz, and others. During the session, several issues related to the country were discussed in detail.

According to a PML-N spokesperson, during the meeting, Miftah handed over his resignation to Nawaz and thanked him for giving him a chance to lead the ministry.

Miftah also said that over the last four months, he performed to the best of his abilities and remained loyal to his party as well as the country.

However, he will continue to remain part of the government. 

Latest News

FO admits that a boat capsized in Greece, killing four Pakistanis.

Published

on

By

The deaths of four Pakistanis in a boat capsizing event close to the southern Greek island of Goudos have been verified by the Foreign Office.

The incident happened on Sunday and at least five illegal immigrants drowned as a result. According to Greek Coast Guards, 39 people were rescued after the wooden boat overturned, but 40 more are still unaccounted for.

According to a Foreign Office spokeswoman, the four Pakistani nationals were among those killed in the catastrophe. In order to help the remaining Pakistanis and repatriate the corpses of the deceased, the Pakistani Embassy in Athens has been in close communication with Greek authorities, she said.

Additional information was given by Aamir Aftab Qureshi, Pakistan’s ambassador to Greece, during a press conference. According to him, there were 80 Pakistanis on board the doomed boat, and efforts are still being made to find the people who are still missing.

He added that the overcrowding on the boat was a factor in the capsizing. There are worries over the safety of the missing people because a sizable portion of them are children. He stated that five boats carrying Pakistani nationals were traveling illegally from Libya.

The public was also informed by Ambassador Qureshi that the government will pay for the return flight of the accident victims’ bodies.

Continue Reading

Latest News

Every office will have a biometric system installed by Lesco.

Published

on

By

system in each office.

Details show that the LESCO had ordered the installation of biometric systems in all offices, including the divisions and the circle.

The installation of the biometric system at the headquarters resulted in an increase in attendance, as the LESCO CEO had stated.

The CEO of LESCO claimed that the biometric system has resolved the issues related to the fictitious overtime and off-days.

Continue Reading

Latest News

Around 450 Pakistanis have successfully crossed into Lebanon from Syria, according to a briefing from the Foreign Office.

Published

on

By

Approximately 450 Pakistanis, including 250 Zaireen, have successfully crossed into Lebanon from Syria, according to the spokesperson for the Foreign Office, Mumtaz Zahra Baloch.

During her weekly briefing at the foreign office in Islamabad, she stated that Pakistan is pleased with the resolution passed by the United Nations General Assembly on the Gaza Strip, which calls for an immediate ceasefire.

In addition, she expressed her satisfaction with the elimination of limits placed on UNRWA’s ability to carry out relief activities in the Gaza Strip and the West Bank.

It was stated by her that Pakistan is demanding an immediate cessation of hostilities in Palestine, an end to the genocide that is taking place in Gaza, the protection of civilians and civilian infrastructure, unrestricted access to humanitarian aid for those who are in urgent need, full support for the United Nations Relief and Works Agency (UNRWA) and its mandated humanitarian activities, and medical assistance for those who are in urgent need.

Moreover, she stated that Pakistan emphasises the need for the international community to hold Israel accountable for the war crimes and crimes against humanity that it has committed in occupied lands.

The Israeli aggression against Syria, the illegitimate acquisition of Syrian territory, and the massive devastation of Syrian infrastructure as well as civilian and military sites are all topics that Pakistan is extremely worried about, according to the spokesperson for Pakistan.

According to her, this attack on Syria’s sovereignty and territorial integrity is a serious violation of international law to the highest degree. By expressing our support for Syria’s sovereignty and territorial integrity, we are also expressing our opposition to the Israeli government’s attempt to acquire territory through coercion.

The resolution 497 of the United Nations Security Council, which declares the annexation of the Golan Heights by Israel to be null and illegal and to have no international legal impact, was reaffirmed by her organisation.

Continue Reading

Trending