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Miftah Ismail explains the rationale behind his dismissal from the Finance Ministry.

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6 months ago

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Even though Miftah Ismail stated in an exclusive interview that Nawaz Sharif is his favourite person, they are no longer able to work together politically.

Ismail accused the administration of being insensitive to the suffering of the people when he criticised the most recent budget. He emphasised the disparities between the government’s assertion that the country is going through hard circumstances and its unrestrained increase in spending.

Ismail was critical of the actions of the current administration once more, pointing out that the wellbeing of the populace is not given priority. He made it apparent that his disagreement with the party was motivated by ideals rather than self-interest and insisted that real change required the public good to take precedence over political gamesmanship.

Read more: Miftah Ismail demands that the NFC award be changed.

In response, the previous finance minister predicted that millions more people will become impoverished and voiced concerns about the budget’s potential to worsen inflation and poverty.

For taxing shops among other things, Ismail said he was ousted from his position as finance minister.

When speaking about political resentment, Mifah Ismail cited cases in which opposition leaders like as Shahid Khaqan Abbasi, Ahsan Iqbal, and Rana Sanaullah were imprisoned. Concerning the mishandling of drug accusations against Rana Sanaullah, he demanded an end to these kinds of actions in the political arena.

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Maintaining Fertiliser Price Stability: The Need for a Continuous Gas Supply to the Fertiliser Sector

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5 days ago

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To guarantee fertiliser price stability, a cabinet committee meeting was presided over by Senator Muhammad Ishaq Dar, the deputy prime minister.

Senior government officials, including Industries Minister Rana Tanveer Hussain, attended the meeting.

The attendees received an update on the government’s, gas suppliers’, and fertiliser industry’s conversations. Additionally, the gas supply for the fertiliser sector was evaluated and determined to be adequate.

Throughout the Rabi cropping season, the Deputy Prime Minister ordered the fertiliser industry to maintain a continuous gas supply in order to guarantee steady production and stock levels.

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Fifth Straight Cut: PM Applauds SBP’s Policy Rate Reduction

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5 days ago

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Prime Minister Muhammad Shehbaz Sharif has praised the State Bank of Pakistan’s decision to lower its policy rate by an additional 2 percent, stating that the bank’s current 13 percent rate is encouraging for the nation’s economy.

He expressed optimism in a statement that the policy rate cut would encourage investment and further boost investor confidence in the country’s economy.

The prime minister said that decreasing the inflation rate also lowered the policy rate and that future inflation rate reductions will be even more pronounced.

Additionally, he expressed gratitude to the Federal Finance Minister and other officials for their work in this area.

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GHQ Attack Case: Prosecution Seeks Bail Cancellation of CM KP & Other Accused, Indicts 9 More

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5 days ago

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25 defendants, including PTI officials, have non-bailable arrest warrants issued by the Anti Terrorism Court of Rawalpindi for their failure to show up for court proceedings related to the GHQ attack case.

Judge Amjad Ali Shah added nine more suspects to the GHQ attack indictment list during today’s ATC Court sessions, bringing the total to 98.

Among the 61 defendants who appeared in court were Shah Mehmud Qureshi and the founder of the PTI.

Among those charged are Khadim Hussain Khokhar, Mehr Mohammad Javed, Chaudhary Asif, Zakir Ullah, Azeem Ullah, Shireen Mazatri, Major Retired Tahir Sadiq, and former MPA Rashid Hafeez.

A plea to cancel the bail of 23 suspects, including Chief Minister Khyber Pakhtunkhwa, has also been filed by the prosecution side.

In the GHQ attack, there were 119 accused in total.

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