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Statement by Prime Minister Muhammad Shehbaz Sharif on World Standards Day

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Pakistan participates with the global community to observe World Standards Day. The Pakistan Standards and Quality Control Authority (PSQCA), a National Standards Body, is actively collaborating with the global community and encouraging domestic manufacturers to embrace standardization and quality-centric practices, thus promoting a culture of excellence nationwide.
This year’s theme established by the International Organization for Standardization (ISO), “Shared Vision for a Better World,” emphasizes the critical importance of reliability and trust in fostering success within the industrial and service industries. Standards are fundamentally the basis that ensures the seamless operation of daily life. This theme encourages us to evaluate the competitiveness of our products in the global market.
In accordance with our dedication to public safety, health, and the environment, I am pleased to emphasize that the PSQCA has established stringent safety standards for motor vehicles to safeguard the lives of our citizens. A significant accomplishment is the establishment of a 2% cap on industrially generated Trans Fatty Acids (iTFA) in food goods, a crucial measure for mitigating cardiovascular illnesses in Pakistan. These initiatives demonstrate our commitment to prioritizing the welfare of our populace through thorough and efficient standards.
The expansion of Pakistan’s exports is strongly correlated with the adherence of our goods and services to international standards. This alignment fosters global consumer confidence in Pakistani products, expands prospects for our enterprises internationally, and stimulates sustainable economic progress. Adherence to these standards provides a competitive edge, allowing organizations to fulfill consumer requirements via enhanced organizational and manufacturing processes. I am assured that this year’s World Standards Day festivities will substantially enhance awareness regarding the significance of standards. In a time characterized by competitive pressures, such understanding is essential for the government, industry, and business sectors to guarantee global customer pleasure. I reaffirm the Government of Pakistan’s dedication to assisting pertinent organizations in attaining the highest global standards and expediting Pakistan’s progress toward sustainable economic development.
Long live Pakistan!

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

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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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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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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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