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Shahid Khaqan Abbasi urges political stability in order to accelerate economic expansion.

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Shahid Khaqan Abbasi, the former prime minister, emphasized on Thursday how important political stability is to Pakistan’s economic development and how the nation cannot prosper without it.

His concern was that export growth had not progressed, and he emphasized that stability in the current climate is vital to draw investments and carry out the necessary reforms.

In his criticism of the tax system, Abbasi brought up the erratic nature of tax laws and the transient nature of the most recent tax slab implementation. Insisting that difficult choices are unavoidable for economic recovery, he emphasized the necessity of designing a tax system that is equitable and does not burden the people.

Furthermore, arguing that the effectiveness of organizations like the Federal Board of Revenue (FBR) and National Accountability Bureau (NAB) is essential for economic governance and transparency, Abbasi urged for changes within these and other organizations.

Abbasi, in his discussion of more comprehensive fiscal plans, suggested that the National Finance Commission (NFC) award be reviewed again and that power distribution companies (DISCOs) be decentralized to the provinces.

In order to reduce inefficiencies and corruption at the provincial level, he recommended looking into ways to share the cost of defense spending and decentralize the management of energy resources.

In closing, Abbasi emphasized that Pakistan’s economic trajectory will stay stagnant unless comprehensive changes are implemented immediately. To move the nation towards sustainable progress, he urged policymakers to give stability and structural reforms first priority.

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11 are killed and other coal workers are injured in the Harnai blast.

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An explosion in the Shahrag neighborhood of the Harnai region of Balochistan on Friday claimed the lives of at least 11 persons and injured a number more.

Police say the explosion happened close to a car that was transporting coal mine personnel. They said that numerous injured people are in critical condition.

After arriving at the scene, law enforcement officers began gathering evidence.

Eleven laborers were confirmed dead in the explosion by the deputy commissioner of Harnai. Swat and Shangla were responsible for the majority of the fatalities and injuries.

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Ties Between Pakistan and Turkey: Pakistan Is Our Second Home Erdoğan Emine

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Emine Erdoğan, the First Lady of Turkey, has underlined the pressing need for international environmental action.
Speaking at the Environmental Sustainability event in Islamabad, Emine Erdoğan emphasized the two nations’ long-standing friendship.
Chief Minister Punjab Maryam Nawaz also addressed the event.

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Terrorism Out of the Nation: Security Forces Kill 13 Khwarij in Five KP Engagements

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In five separate encounters in the region of Khyber Pakhtunkhwa, security forces have killed thirteen Khwarij.
ISPR reports that security personnel carried out an intelligence-based operation in the general vicinity of Khulachi, Dera Ismail Khan District, in response to the reported presence of Khwarij.
During the conduct of operation, own troops effectively engaged the Khwarij Location, resultantly, Five Khwarij including Kharji Shah Gul Alias Rohani were sent to hell.
In two separate encounters in north Waziristan District, fire exchange took place between the security forces and Khwarij in general areas Dosali and Tappi. Resultantly, five Khwarij were effectively neutralized by own troops.

In another encounter that took place in Lakki Marwat District, Two Khwarij were sent to hell.

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