Pakistan round-up: Govt eyes individuals’s gold to spice up foreign exchange reserves – Occasions of India


NEW DELHI: Letting Nawaz Sharif depart nation was a ‘huge mistake,’ Imran Khan says, senior journalist shot useless in Karachi, and different information from the neighbouring nation in our weekly Pakistan round-up:
Letting Nawaz Sharif depart a mistake: Imran Khan
Pakistan Prime Minister Imran Khan mentioned that letting former PM and PML-N supremo Nawaz Sharif depart the nation was a “main mistake” by his authorities.
Sharif, who has been convicted for corruption, had left for the UK in November 2019 for medical remedy.
At a public assembly, Khan lashed out at PML-N, PPP, and different opposition events for “looting the nation’s wealth and stashing their cash overseas.”
Read full story
Govt eyes individuals’s gold to extend foreign exchange reserves
The federal government is contemplating a proposal to borrow gold biscuits and bars from the individuals to extend overseas trade reserves. Pakistan’s foreign exchange reserves proceed to deplete regardless of over $5bn loans previously three months from bilateral and multilateral collectors.
In keeping with the proposal, industrial banks will difficulty a negotiable discounted instrument to the gold proprietor and pay an rate of interest. They’ll deposit the gold with the State Financial institution of Pakistan that may monetise it to extend the forx reserves.
Senior journalist shot useless in Karachi
A senior journalist working with personal channel, Samaa TV, was shot useless throughout a theft bid within the North Nazimabad space of Karachi on Friday.
The police mentioned Athar Mateen, who was driving a automobile, tried to foil a theft bid when he noticed armed motorcyclists robbing one other citizen by shoving his automobile into their motorbike.
At this, one of many motorcyclists, who fell on the bottom, opened fireplace at Mateen’s automobile. He died on the spot of a bullet damage.
Invoice Gates discusses well being points with PM Khan on first Pak go to
Billionaire philanthropist Invoice Gates on his first-ever go to to Pakistan referred to as on PM Imran Khan and was briefed about efforts to sort out the coronavirus pandemic and eradicate poliovirus from the nation.
Pakistan is among the two remaining international locations on the earth the place polio remains to be categorised as an endemic viral an infection.
Gates attended a session of the nation’s prime anti-coronavirus physique and likewise met planning minister Asad Umar.
Read full story
Ruling TTP, opposition JUI-F unite towards ‘Aurat March’
Pakistan Tehreek-e-Insaf and opposition Jamiat Ulema-i-Islam-Fazl have come collectively to oppose a girls’s march in a uncommon show of unity that reeks of deep-seated misogyny and patriarchy within the nation.
Forward of ‘Aurat March’ that coincides with Worldwide Ladies’s Day, federal non secular affairs minister and JUI-F have each termed it ‘un-Islamic’, reported Daybreak.
“If any makes an attempt are made for obscenity on March eight in Islamabad, we are going to condemn it,” the chief of JUI-F Islamabad wing warned.
Read full story
Israeli navy joins US-led train with Pakistan, Saudi
The Israeli navy confirmed on Thursday that it has participated in a US-led train with Pakistan, Saudi Arabia and another international locations that do not need diplomatic ties with the Jewish state.
The contributors included Pakistan, Saudi Arabia, Oman, Comoros, Djibouti, Somalia and Yemen who do not need diplomatic ties with Israel.
The biennial drill was launched in 2012 and has change into “the biggest multinational naval train within the Center East,” the US Navy mentioned.

Source link

HostGator Web Hosting


Please enter your comment!
Please enter your name here