Connect with us

Latest News

Raja Pervez Ashraf elected NA speaker unopposed

Published

on

  • PM Shehbaz congratulates Ashraf for being elected as speaker.
  • Suri resigns as deputy speaker of the National Assembly.
  • Ashraf takes oath as the NA speaker shortly after being elected.

ISLAMABAD: PPP’s Raja Pervez Ashraf was elected unopposed as the speaker of the National Assembly Saturday, with PTI leader Qasim Suri resigning from the office of the deputy speaker, hours before a no-confidence motion was scheduled to be tabled against him.

The NA speaker’s office fell vacant on April 9 when PTI’s Asad Qaiser resigned, stating that he can not hold voting on the no-confidence against the then-prime minister Imran Khan, which he said, was a part of a “foreign conspiracy” against the PTI government.

PPP’s Ashraf took oath as the 22nd NA speaker shortly after being elected unopposed as no other member submitted nomination papers.

In response to Suri’s resignation, PML-N leader Ayaz Sadiq — who chaired today’s session — said there’s no need for voting on the motion now. 

He stated that the courts have specified the resignation process according to which it is to be presented to the speaker in presence of witnesses.

I hope you bury what took place earlier: Shehbaz

Congratulating the newly-elected speaker, Prime Minister Shehbaz Sharif, while speaking on the floor of the NA, hoped that Ashraf would bury what took place in the assembly in the last four years.

“You are an experienced politician. I congratulate you from the depth of my heart. You have also served the country as the prime minister,” the prime minister said.

‘Intuitions returning towards their constitutional role’

PPP Chairman Bilawal Bhutto-Zardari extended his congratulation to Raja Pervez Ashraf on becoming the 22nd speaker of the lower house.

Referring to the recent political turmoil in the country, Bilawal, while speaking on the floor of the house, said that a mockery was made of the constitution and the house during the last few days. Pakistan’s image was maligned, he added.

“The selected prime minister, who was imposed on the house, has been removed. We are a coalition government now,” he said, adding that the change brought a ray of hope for the people. Addressing Shehbaz Sharif, the PPP leader said: “Mr prime minister all the institutions and the nation are looking towards you.”

PPP Chairman Bilawal Bhutto-Zardari addressing a session of the National Assembly in Islamabad, on April 16, 2022. — Twitter/NAofPakistan
PPP Chairman Bilawal Bhutto-Zardari addressing a session of the National Assembly in Islamabad, on April 16, 2022. — Twitter/NAofPakistan

“Those institutions who had been controversial, are now returning towards their constitutional role,” said Bilawal.

The PPP leader claimed that no power could stop Pakistan from progressing and developing.

Speaking on the occasion, he, on the behalf of the house, expresses deep grief and condoled on the sad demise of Bilquis Bano Edhi, the wife of renowned humanitarian and philanthropist Abdul Sattar Edhi. Meanwhile, he tabled a motion to pay tribute to Bilquis Bano Edhi, which was approved unanimously by the house.

PTI lawmakers asked to submit resignation again

In his opening note soon after taking the oath, newly elected NA Speaker Raja Pervez Ashraf thanked Bilawal and former president Asif Ali Zardari for nominating him for the slot. He also thanked PM Shehbaz Sharif and the allied parties for reposing their confidence in him.

He maintained that earning more respect and honour for the House will be his top priority. The speaker vowed that he will act in an impartial manner and added that the voice of the opposition will not be suppressed but respected. He maintained that they should not divide the nation.

Newly elected National Assembly Speaker Raja Pervez Ashraf addressing a session of the National Assembly in Islamabad, on April 16, 2022. — Twitter/NAofPakistan
Newly elected National Assembly Speaker Raja Pervez Ashraf addressing a session of the National Assembly in Islamabad, on April 16, 2022. — Twitter/NAofPakistan

The NA speaker said that all the institutions should co-operate with each other while keeping themselves within their constitutional ambit.

Raja Pervez Ashraf said that he will look into the matters of the former NA deputy speaker’s ruling and the resignations of the PTI members as per the rules.

The NA speaker directed to present the resignation of PTI’s lawmakers before him.

Loadshedding in Pakistan

Talking before the election of the speaker, PM Shehbaz brought it to the house’s notice that he held several meetings with energy and petroleum officials in light of the load-shedding across the country.

He said that the current capacity to produce electricity was enough for the country, but unfortunately, the PTI-led government did not follow up on the projects that had started during Nawaz Sharif’s tenure.

Prime Minister Shehbaz Sharif speaks during a session of the National Assembly in Islamabad, on April 16, 2022. — PID
Prime Minister Shehbaz Sharif speaks during a session of the National Assembly in Islamabad, on April 16, 2022. — PID

The prime minister said it was due to the PTI government’s “gross management and incompetence” that is causing load-shedding in the country — and nothing else.

“This was the most incompetent and corrupt government,” he said lashing out at the Imran Khan-led government. Shehbaz said had Nawaz and Abbasi not struck energy deals with Qatar, then the power crisis would have deepened today as the PTI meet the energy needs.

Talking about the flyover being constructed near the Rawal Chowk in Islamabad, he said it was written on its contract that the project was expected to be completed within 24 months, but due to PTI’s government, it was still not complete.

“…we made such projects within 72 hours,” he said. Shehbaz hoped that the government could resolve the issues of the country.

Business

Moody’s says the IMF programme will increase Pakistan’s foreign financing.

Published

on

By

Moody’s, a reputable international rating agency, has stated that Pakistan’s chances of acquiring funding will increase as a result of the recent agreement with the International Monetary Fund (IMF), which offers dependable sources for that purpose from both friendly countries and international financial institutions.

According to a recent Moody’s analysis on Pakistan’s economy, social unrest and tensions could result from Pakistan’s ongoing inflation. The country’s economic reforms may be hampered by increased taxes and potential changes to the energy tariff, it continued.

Moody’s, on the other hand, agrees that the coalition government headed by Shehbaz Sharif of the PML-N is in danger of failing to secure an election mandate, which may potentially undermine the successful and long-lasting execution of economic reforms.

The government’s capacity to proceed with economic changes may be hampered by societal unrest and poor governance, according to Moody’s.

In order to appease the IMF by fulfilling a prerequisite for authorising a rescue package, the government raised the basic tariff on electricity, which coincided with the most recent increase in fuel prices announced on Monday. This report was released by Moody’s.

Food costs have increased in the nation, where the vast majority is experiencing an unprecedented crisis due to the high cost of living, following the government’s earlier presentation of a budget that included a large increase in income tax for the salaried classes and the implementation of GST on commodities like milk.

The most recent comments were made following Islamabad’s achievement of a staff-level agreement for a $7 billion contract that spans 37 months and is contingent upon final approval by the IMF Executive Board.

It states that Pakistan will need foreign financing totaling about $21 billion in 2024–2025 and $23 billion in 2025–2026, meaning that the country’s present $9.4 billion in reserves won’t be sufficient to cover its needs.

Therefore, according to Moody’s, Pakistan is in an alarming position with regard to its external debt, and the next three to five years will be extremely difficult for the formulation and implementation of policies.

Continue Reading

Latest News

Accepting provisional respite: Sanam Javed and family relocated to KP House

Published

on

By

Sanam Javed, the leader of the Pakistan Tehreek-e-Insaf (PTI), and her family have moved into KP Home, an Islamabad guest home.

As a result of the Islamabad High Court’s order to postpone her arrest until Thursday, Sanam Javeed is currently free.

Records of cases filed against her have also been sought by the court.

As instructed by Chief Minister Ali Amin Gandapur of KPK, the PTI leader and her family were received at the KP House. The CM communicated with Ms. Javeed’s father and husband.

Continue Reading

Latest News

Adiala Jail is visited by a NAB team to question Khan and Bushra Bibi.

Published

on

By

As per a recent Toshakhana reference, a team from the National Accountability Bureau (NAB) has reached Adiala Jail with the intention of probing PTI founder Imran Khan and his spouse PTI Bibi.

The NAB team questioning Khan and Bushra Bibi is led by deputy director Mohsin Haroon, according to jail sources.

Regarding the latest corruption reference, the pair is behind bars. Today is the third day that the NAB team has been looking into them.

They answered questions from the NAB team for more than three hours on Monday.

After the fresh reference, Khan and Bushra Bibi were placed under physical remand for eight days by Judge Muhammad Ali Warraich of the Accountability Court.

See Also: Imran Khan and Bushra Bibi are detained in NAB prison for eight days in connection with the Toshakhana case

The release of Khan and Bushra Bibi in the Iddat case was earlier ordered by District and Sessions Judge Afzal Majoka, who also postponed their sentences.

Continue Reading

Trending