Politics

PM Shehbaz Sharif fears ‘all hell to break loose’ sans debt relief

Published

2 years ago

Farwa

PM Shehbaz makes urgent appeal for debt relief for flood-ravaged Pakistan.
Reminds rich nations Pakistan paying price for their greed.
Asks how Pakistan can stand on its own feet unless given “substantial relief.”

With debt obligations drawing to a close, Prime Minister Shehbaz Sharif has made an urgent appeal for relief in the repayment of debts from rich nations, reminding them that Pakistan is bearing the brunt of environmental damage caused by them to cater to their greed.

In a conversation with Bloomberg TV, PM Shehbaz Sharif said that Pakistan recently signed a deal with the International Monetary Fund (IMF) under “very tough” conditions, including taxes on petroleum and electricity.

Seeking support for Pakistan, hit by catastrophic floods this monsoon while already reeling from a stressed economy, PM Shehbaz Sharif said:

“Unless we get substantial relief how can the world expect from us to stand on our own feet? It is simply impossible,” he said.”The world has to stand by us.”

Responding to a question about debt obligations, the premier said they have spoken to European leaders and other leaders “to help us, in the Paris Club, get a moratorium”.

As per PM Shehbaz Sharif, there is a “yawning gap” between what Pakistan is asking for and what is available, warning that the nation is facing the imminent threat of epidemics and other dangers.

“God forbid this happens, all hell will [break loose],” he said.

The Pakistani leader shared that he’d spoken to the World Bank about immediate debt relief and would begin talks with China after the Paris Club.

Pakistan owes $30 billion to China, or about a third of its total external debt.

He said the floods were the result of an unprecedented cloudburst induced by climate change due to the environmental damage caused by fossil fuels.

“Therefore it’s none of our doing, our making. Our carbon emission is less than 1% and to be very exact it’s 0.08%, which is the lowest in the world. But we are rated as one of the most vulnerable countries.”

“Essentially I should have been in my country with my people in flood-affected areas with children, boys, girls and those who have been badly affected, to console them and provide them with some relief. But I’m here to tell the world what happened with us and with our people.”

“Has the word done enough and what can be done?” he was asked.

To this, he said that the US, Turkish and French presidents have touched upon this subject and commended their concern.

“What they have done is commendable, but it is far from meeting our needs. We cannot do it alone. We cannot, you know, cough up resources from our own pocket, which are already insufficient to meet our pressing needs. We need additional funds.”

“So I think, unless the world comes out with billions of dollars in support for relief, for building of resilient infrastructure, and [for] infrastructure adaptation in agriculture and housing, things will not come back to normal,” he said.

About his talks with Russian President Vladimir Putin, the prime minister said he spoke to the Russian president about the availability of gas and oil and Putin has promised him that he will most definitely look into this.

Latest News

188 cases nationwide have been filed against the PTI founder.

Published

3 days ago

Farwa

This increase, according to details, followed the submission of a report to the Islamabad High Court in response to a petition brought by Norin, the sister of the PTI founder.

Punjab has the most cases against Imran Khan (99), according to the Ministry of Interior’s report that breaks down the cases by area.

There are 76 cases in Islamabad, according to the Islamabad Police data, compared to two in Khyber Pakhtunkhwa.

In addition, the National Accountability Bureau (NAB) is investigating three instances, while the Federal Investigation Agency (FIA) is still investigating seven cases.

Cases against Imran Khan also concern the protests in October, November, and December. In addition, there is an ongoing appeal in the Toshakhana criminal case against his sentencing.

Yesterday, Pakistan Tehreek-e-Insaf (PTI) founder along with 60 other PTI leaders were indicted in the GHQ attack case.

Imran Khan and sixty other party leaders were charged in the GHQ attack case by Judge Amjad Ali Shah of the anti-terrorism court.

Imran Khan, who is presently detained at Adiala Jail, was released on bail in the Toshakhana case but was arrested again by the police in the New Town PS case.

Latest News

There are now 76 cases against PTI founder Imran in Islamabad.

Published

4 days ago

Farwa

76 complaints have been filed against the founder of the Pakistan Tehreek-e-Insaf (PTI) in the federal capital, according to a report provided to the court by the Islamabad Capital Territory (ICT) police.

The article claims that after the D-Chowk demonstration, 14 more complaints were filed against him, increasing the total number of cases that had been brought against him before.

A plea submitted by his sister, Noreen Niazi, asking for information on cases filed against the PTI founder was dismissed by the Islamabad High Court.

In court, the Federal Investigation Agency (FIA) and the National Accountability Bureau (NAB) provided case data, while the Interior Secretary provided reports on cases from Sindh, Balochistan, and Khyber Pakhtunkhwa.

Once all pertinent information was submitted, the court adjourned and dismissed Noreen Niazi’s

Latest News

Exposing PTI’s misleading narrative about Tahir Abbas

Published

1 week ago

Farwa

During a recent PTI demonstration in Islamabad, a guy is seen falling from a container in a video that has gone viral on social media. In order to support what security officials have referred to as “fake propaganda,” PTI used this clip to assert that the person had passed away. Investigations have shown that the individual in question, Tahir Abbas, 38, is still alive and making a full recovery.

Tahir Abbas, who lives in Tehsil Phalia in the Mandi Bahauddin District and is the son of Faiz Ahmed, was hurt in the fall and is now at his brother-in-law’s house in Rawalpindi after undergoing basic medical care at a hospital.

Technical investigations revealed that Tahir Abbas had turned off his phone and was using a different number, which made it difficult to track him at first. making use of his device’s IMEI.

On November 21, 2024, Tahir Abbas, a farmer and visa agent, reportedly visited Islamabad for visa-related reasons. Later, when the tragedy happened, he joined the PTI protest.

Subsequent investigations showed that Tahir Abbas works for the PTI and is connected to PP-41 PTI MPA Bisma Riaz Chaudhry. It’s interesting to note that reports revealed Abbas had previously belonged to the Pakistan Peoples Party (PPP) before deciding to join the PTI.

Security personnel have made it clear that any allegations about his death are completely untrue. Additionally, Abbas’s family has verified his present whereabouts and state of health. Authorities are still looking into his actions and how he was involved in the PTI demonstration.