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Pakistan may get $4.2bn bailout during Saudi crown prince visit this month: sources

ISLAMABAD: Mohammed bin Salman Al Saud, Saudi Arabia’s crown prince and prime minister, is slated to visit Pakistan this month (November) during which Islamabad hopes to get a $4.2 billion bailout package from Riyadh, diplomatic sources said Monday.

The Saudi leader’s rare visit is tentatively scheduled for November 21.

Prince Salman’s special security detail is likely to arrive in Islamabad by the end of this week to review the security arrangements for final approval.

Moreover, Saudi Arabia is also expected to make solid investments in Pakistan. Sources also informed that a number of Pakistan-Saudi petroleum agreements are being finalised for signing during the visit of his excellency.

The government is also counting on a likely agreement that will help round up financial support from Saudi Arabia for the establishment of a state-of-the-art refinery in Gwadar.

The refinery, to be built at a cost of $10 billion, will be co-financed by Saudi and China.

According to sources, initially, Chinese companies will run the operations of the refinery after the completion of the project.

The sources, however, added that so far things looked fine but a spike in political noise could affect the Saudi crown prince’s itinerary.

Afghanistan, Kyrgyzstan to strengthen political, economic relations

KABUL, NOV 07 (DNA) — The Deputy Prime Minister for Economic Affairs, Hajji Mullah Abdul Ghani Baradar Akhund, met with the Special Representative of the Kyrgyz President, Talat Beg Mossadaqaf, accompanied by a delegation, official Bakhtar news agency reported on Monday.

During the meeting, the two sides discussed collaboration between Afghanistan and Kyrgyzstan in political, economic and healthcare sectors.

Mr. Baradar Akhund discussed the political, economic and ancient cultural ties between the two countries and emphasized the significance of further developing bilateral relations.

He assured the delegation of greater cooperation in strengthening bilateral political and economic relations with Kyrgyzstan and added that the Islamic Emirate of Afghanistan would not allow any groups to use Afghan soil against any other countries.

Mr. Talat Beg expressed his happiness over Afghanistan’s complete security and emphasized the need for required collaboration in order to improve bilateral ties. In the end, he promised necessary cooperation with the healthcare sector of Afghanistan. =DNA

PM Shehbaz meets UN Secretary-General on sidelines of the COP-27

Sharm El-Sheikh, NOV 7 /DNA/ – Prime Minister Muhammad Shehbaz Sharif met with the UN Secretary-General on the sidelines of the COP-27 Summit being held in Sharm El-Sheikh, today.

Appreciating the Secretary-General for his solidarity with, and call for massive support to Pakistan in the wake of the devastating floods in the country, the Prime Minister reiterated that the unprecedented flood disaster in Pakistan was a clear manifestation of the challenge posed by  climate change. The Prime Minister also endorsed the Secretary-General’s call for climate justice and climate solidarity.

​​The Prime Minister highlighted that according to the Post Disaster Needs Assessment (PDNA), the total estimated damage caused by the floods was over $32 billion i.e. around 10% of Pakistan’s GDP. The enormous task of rehabilitation and reconstruction would require substantial international support for Pakistan to build back greener, based on the model of sustainable development. 

​​Referring to the adoption of UN General Assembly resolution, last month, expressing solidarity with Pakistan, the Prime Minister said that Pakistan was looking forward to convening an international

‘pledging conference’ bringing together all development partners. The Prime Minister also expressed appreciation for creation of a UN inter agency team, led by the Deputy Secretary General, to help Pakistan prepare a comprehensive rehabilitation and reconstruction Plan to be presented to the Conference.

​​With reference to COP-27, the Prime Minister stated that Climate Conference was a timely opportunity for the international community to catalyse concerted international action to mitigate the impact of climate change, and promote climate justice, based on the principles of equity and common but differentiated responsibilities and respective capabilities. The Prime Minister emphasized that addressing “loss and damage” would be a key “deliverable” at COP-27. At the request of Pakistan — in its capacity as the Chair of the G77 and China — the COP-27 has agreed, by consensus, to proposed inclusion of an agenda item on loss and damage finance.

​​The bilateral meeting between the Prime Minister and the Secretary-General was followed by a joint press stake-out at the “Pakistan Pavilion”.

Business community sends SOS call to current uncertainty, political polarization

DNA

Rawalpindi: The current political and economic uncertainty of the country is very disturbing, the situation has reached such a level that urgent steps should be taken, the authorities should consider this as an SOS call from the business community.

In a joint statement, the business representatives and chamber officials at the Rawalpindi Chamber of Commerce and Industry (RCCI), in an emergent meeting here on Monday, demanded that the current uncertainty requires that all parties sit at the table and find a solution to pull country out of crises and bring normalcy so that trade activities can be restored.

The meeting was chaired by President RCCI Saqib Rafiq and Group Leader Sohail Altaf, and Senior Vice President Muhammad Hamza Sarosh, Vice President Faisal Shehzad, Anjuman Tajran representatives Shahid Ghafoor Paracha, President Small Chamber Tariq Jadoon, Sharjeel Mir, Nadeem Sheikh, Sheikh Hafeez, Taj Abbasi, Zahid Bakhtavari and others were present.

President Saqib Rafiq said that uncertainty has brought business and the entire economic system into a state of stagnation, with protests, sit-ins and long marches affecting the twin cities the most.

RCCI former president and group leader Sohail Altaf said that political mistrust and polarization have led the country to such a point that if timely measures are not taken, it is impossible to return, we have to think for the country beyond political affiliation.

Shahid Ghafoor Paracha said that business activities are in decline, Taj Abbasi said that the country has to be taken out of confrontation.

Nadeem Sheikh, Zahid Bakhtavari and Sheikh Hafeez while showing grave concern added that all the stakeholders should realize their responsibility.

Tariq Jadoon said that we all have to come together to get out of the crisis, Sharjeel Mir said that political tolerance has to be demonstrated.

Pakistan, EU agree to make joint efforts for combating effects of climate change

SHARM EL-SHEIKH (Egypt), NOV 07 (DNA) — Pakistan and European Union have agreed to make joint efforts for combating the effects of climate change.                        

The understanding was reached during meeting of Prime Minister Shehbaz Sharif with President of European Union Commission Ursula von der Leyen on the sidelines of COP 27 summit in Egypt. 

Underscoring the need for international cooperation to address challenges of climate change, the Prime Minister said the whole world will have to suffer the effects of climate change in future which developing countries are facing today.                                   

Unity was essential to combat the effects of climate change, he stressed. The prime minister appreciated the spirit of the European Union countries to help the flood victims in Pakistan.

He also appreciated the cooperation of European countries in removing Pakistan from FATF’s grey list and their spirit of helping the flood affected people in Pakistan.

Shehbaz Sharif said Pakistan and the European Union are important partners in achieving common goals.      He said there exists huge trade potential between Pakistan and European Union which needs to be taken to the optimum level. DNA

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Not today, not tomorrow: PTI decides to hit streets on Thursday from Wazirabad 

LAHORE, NOV 7: This is third time that PTI has announced date for long march’s resumption; before this, march was scheduled for Tuesday and then Wednesday.

Long march to achieve target ‘no matter what the circumstances’: Imran Khan

LAHORE: PTI Chairman Imran Khan said Monday that the party’s long march would achieve its target “no matter what the circumstances” as the former prime minister pressurises the government in his quest for snap polls.

Khan is currently recovering in Lahore from the bullet injuries that he sustained in the Wazirabad attempted assassination attack. He was discharged from the Shaukat Khanum Hospital a day earlier.

The ex-prime minister, during a meeting with representatives of media bodies, said that the party would back down only after getting the date for general elections.

Khan said that no compromise can be made with coalition rulers, including PPP Co-chairman Asif Ali Zardari and PML-N supremo Nawaz Sharif.

The long march plans

In a change of plans, Khan said the march would resume on Wednesday (November 9) instead of Tuesday. The PTI chief did not give a reason for the delay.

He said the march would be led by PTI Secretary-General Asad Umar and the party’s vice chairman Shah Mehmood Qureshi.

The long march had come to a halt last week after the attack on Khan.

On army

The PTI chief — who has been critical of the armed forces since his ouster in April — said that the personnel of the army standing guard on the borders were like his “children”.

Khan said that going against the institution was not an option for the party.

The former prime minister has blamed three people, including a senior military official, for the Wazirabad attack and also called for his dismissal. However, the army has rejected the allegation and termed it “baseless”.

Letter to president

Earlier in the day, the PTI chairman wrote a letter to President Arif Alvi saying that the entire nation has been supporting his call for “Haqeeqi Azadi” ever since the PTI government was toppled.

PTI has been facing false allegations, harassment, baseless arrests and tactics like torture in detention, he wrote, adding that Interior Minister Rana Sanaullah repeatedly “threatens to kill me”.

He urged the president to arrange an investigation to determine who is responsible and to hold the culprits accountable.

IHC CJ advises political leadership to resolve conflicts in Parliament, not courts

ISLAMABAD: Chief Justice Islamabad High Court (IHC) Athar Minallah Monday advised the country’s political leadership against bringing their conflicts to courts and rather strengthening the Parliament by resolving those issues in democratic ways.

“Our tragedy is the state has failed to shoulder its responsibilities. Half of our life was spent in dictatorships, while the courts in their rulings have time and again reiterated there is no supremacy of law and that law is only for the elite,” the CJ of IHC said while addressing a full court reference organised in his honour.

He said the IHC was not like any other high court as it represented the federation.

“The implementation of the law is linked to a change of mindset. Political leadership can strengthen the execution of the Constitution.”

It was the responsibility of the political leadership to resolve their issues in the legislature instead of dragging them to courts of law, he added.

He further said their (judiciary’s) performance could be gauged by how much trust the public had in the legal system.

“The answer to the question ‘if there is any civilian and constitutional supremacy’ is a no. There’s no rule of law hear, but the rule of the elite,” said he.

Imran Khan needs to rise to the occasion

Comment

Ansar M Bhatti

PTI Chairman Imran Khan’s press talk on November 6, 2022 can be regarded as a classic example of politicians’ helplessness they have been faced with perhaps ever since the creation of this country. Despite being the head of the leading political party and a former prime minister he has not been able to get his First Information Report registered (FIR).

The irony of the fact is that he had to face this unseemly situation in the province where his own party happens to be at the helm of the affairs. The Supreme Court of Pakistan then had to intervene to get the FIR registered.

However, after this episode it became quite evident for Imran Khan and his party that Ch. Pervez Elahi appeared to be the Chief Minister sans authority. Or, he was playing on both sides of the wicket. This also remains a  fact the situation was still the same when Imran Khan was the prime minister but since at that time he and his government were enjoying the benevolence of ‘powers-that-be’ therefore all was considered well.

The PTI used to take pride in the fact that it was on the same page with the Establishment, a nexus which, according to it, had brought ‘peace and stability’ in the country. Now they are at daggers drawn simply because the same page arrangement is not available anymore.

Imran Khan, ever since his ouster, has been selling the idea that he won’t accept a weak government and would prefer to sit in the opposition if he does not get a two-thirds majority in the coming elections.  Probably, he wants to make a point here that there is no reason in accepting the government if the chief executive has no powers. Here lies a contradiction between what he says and what he actually practices. He had pointed out in his press conference that the actual authority in Punjab lied somewhere else.

If it would be a matter of weak control or no authority at all, then the non registration of his FIR was a good excuse for him to call it a day in Punjab. He would have got rid of the Punjab government soon after his own police refused to register his FIR. Ostensibly, his action would have earned him more respect and credibility.

But he has not risen to the occasion simply because he knows the success of his long march largely depends upon the Punjab government. If he loses Punjab, it means he loses the trump card, making things difficult for him in terms of holding of early or even on time the general elections.

All said and done, there are some encouraging aspects of Imran Khan’s resistance as well. For sure, he will be remembered for putting up stiff resistance to the forces of the status quo. He needs full marks for becoming the voice to those who could never dare to challenge these forces. Many people genuinely believe that something good will come out of what is happening these days.

 But there is no dearth of people who are of the view that once the ‘same page’ arrangement stands revived, the forces of status quo shall again prevail and life would then go on as usual. At one point, nobody could even imagine that Nawaz Sharif and his party could come to power again. Same goes for the PPP as well. Both these parties are not just in power but they are sharing power, which is not less than a miracle keeping in view past animosity between these parties. So who knows that in the coming days PTI shall again be calling the shots and PML N and PPP would be on roads demanding justice for them!! Unfortunately this very vicious circle has been impeding Pakistan’s march towards self-reliance and progress.

As regards the crisis in question, the feasible way to get out of the quagmire turns out to be the elections. The outcome of the elections may not suit some forces but any unwarranted move to stop people from exercising their will, might further push things towards the precipice. If things go beyond control then possibility of intervention of the third force cannot be ruled out.

 All stakeholders need to rise above their petty interests and join hands for the ultimate good of this country.

 Imran Khan has conditionally agreed to the Prime Minister proposal to constitute a full court commission to probe the Wazirabad firing incident. He is of the view that a fair inquiry cannot take place if three persons he had nominated including the PM, Interior Minister and spy agency official were not removed from their posts.

This demand, for sure, will not be acceptable for the government therefore the idea of formation of the full court commission may never see the light of the day. Even if such a commission is formed, there is a strong possibility that the probe will never be completed. The assassination of Benazir Bhutto on December 27, 2007, still remains a mystery despite the fact that her own party remained in power for five years after her murder.

As per the revised schedule, PTI long march will now reach Rawalpindi somewhere around November 20 or 21 when the Saudi Crown Prince and Prime Minister Muhammed bin Salman is due to visit Islamabad. If the MBS visit and the long march take place at the same time then a govt-PTI face-off will become imminent.

Probably that is the reason the government has so far not approved any PTI sit-in or rally in Islamabad. Despite all ifs and buts, Saudi Arabia has always proved a friend indeed for Pakistan. It had extended maximum possible support to the PTI government as well despite that fact that PTI government and Saudi Arabia relations always remained tense. However it does mean that the former ruling party should play any role to sabotage the visit simply because Saudis had estranged relations with the PTI government.

The government on its part ought to engage with the PTI seriously and must not try to put out fire with petrol. This approach would only multiply our woes. A better sense needs to prevail for the country cannot afford any further escalation.

PM Shehbaz Sharif greets President Ilham Aliyev on ‘Victory Day’

ISLAMABAD, NOV 7 /DNA/ – Prime Minister of Pakistan Shehbaz Sharif has congratulated President of the Republic of Azerbaijan Ilham Aliyev on ‘Victory Day’ which signifies resilience, courage and national cohesion.

May the commemoration of this day usher in an era of lasting pease and prosperity in the Causasus region, PM Shehbaz said. DNA

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