Cheers
Terroristan - October 8, 2018
Re: Terroristan - October 8, 2018
Whoever signed her on to talk at the Summit and then cancelled her talk is a total genius.....intlegience dekhi unkiBart S wrote:This is absolutely hillarious. Pakis have been paying off white 'influencers' (actually a bunch of nobodies with no real credibility who suddenly appeared on the scene after they got a lifafa from ISPR) to promote a make-believe positive image of the country, but some of them couldn't take the level of bullshit and turned rogue.
. They invite a *social media* influencer, and then try to shut her down. Duh. Well.... now what would a social media influencer do in this situation...? Go to social media to influence people with her message, of course. The video has 54K views, God knows how many more views/hits on kitaab-e-chehra. More publicity that she could have hoped for if she had spoke at the stupid summit. THe funny part is a lot comments agreeing with her seem to be Pakistanis. I had no idea travel in Pakistan needs so many permits and police escorts. Weird, but not surprising. They dont seems to know the difference between tourists and terrorists.
Last edited by SriKumar on 17 Apr 2019 04:36, edited 1 time in total.
Re: Terroristan - October 8, 2018
^^It is yet another dimension of tactical brilliance that you yindoos will not understand!
Re: Terroristan - October 8, 2018
They are such lying jihadi dipsh*ts that they have so much to hide and are paranoid about anything that contradicts their made-up narrative leaking out. So every tourist is closely supervised and allowed to have only 'curated' experiences. And much of the country is completely out of bounds for them.SriKumar wrote:I had no idea travel in Pakistan needs so many permits and police escorts. Weird, but not surprising. They dont seems to know the difference between tourists and terrorists.
In fact I doubt that we are as restrictive in India of Paki visitors, as they are with any visitors in general.
Re: Terroristan - October 8, 2018
I like how Indian media and other institutions both in India and abroad are properly using the Good Haqqani to further Indian narrative. GHQ is completely pissed off but can't do anything about it (even tried approaching Interpol)
Re: Terroristan - October 8, 2018
Some more Baki 
, this time in Khanland
[url=AoA72https://www.dawn.com/news/1476273/we-teach-urdu ... -textbooks]We teach Urdu in America. We learned we can’t use Pakistani textbooks [/url]
, this time in Khanland[url=AoA72https://www.dawn.com/news/1476273/we-teach-urdu ... -textbooks]We teach Urdu in America. We learned we can’t use Pakistani textbooks [/url]
Hardly surprising.With outdated techniques and racist content, Pakistani textbooks are unfit for a multi-religious but secular classroom.
The [..] kind of content these Pakistani textbooks have. The majority of the content is overly religious and ideological and it is extremely difficult, if not downright impossible, to appropriate it to suit a multi-religious but secular classroom in an American university.
The third, and probably the most important, issue is that these textbooks contain content that is blatantly racist. For example, in a textbook for second grade, students are asked to practise reading and writing kala chor (black thief).
Neither of us noticed this until our son asked us, “Don’t you think it’s racist?”
Urdu is considered one of the “critical languages” included in the Critical Language Scholarship (CLS) programme funded by the Department of State.
The CLS programme sends American students desirous of learning Urdu to Lucknow, India. Unfortunately, American students are not sent to Pakistan
Most Urdu language programmes in American universities are run and staffed by scholars who are either Indian or of Indian origin.
Terroristan - October 8, 2018
The costly IMF dollars – Editorial
The eagerly-anticipated IMF dollars are all set to come. An agreement for an economic bailout package has been agreed upon in principle between the Fund and the Government of Pakistan, and an official announcement is just what’s awaited. If described in Asad Umar’s words, the gap in the positions held by the Fund and the government’s economic team has been bridged after ‘constructive’ discussions, and 6 to 8 billion ‘hard-negotiated’ dollars would soon ‘bolster’ the exchequer. For the sake of the much-needed IMF dollars, the government has had to ‘discipline’ the economy marred by the ‘problematic’ policies of previous rulers — by ‘rationalising’ electricity and gas tariffs; ‘adjusting’ the domestic oil prices in line with the international market; easing ‘artificial’ control on the value of the rupee against the greenback; giving the ‘necessary’ nod to take steps for avoiding the losses incurred by sick industrial units, understandably by adopting the policy of privatisation; and bridging the hole in the annual expenditure and revenue by ‘swallowing’ the ‘bitter pill’ of agreeing to raise taxes; among other measures.
Strangely though, the finance minister insists that the IMF bailout programme will not burden the common man — as if it is not the common man who consumes electricity and gas; none of the vehicles that run on petrol belongs to the common man, and the rise in transportation costs due to costlier petrol will not affect articles of daily use; the impact of a more expensive dollar will only magically target the classes, exempting the masses automatically; and some ‘uncommon’ men will be chosen to impose the taxes aimed at bridging the ‘unprecedented’ budgetary deficit that the incumbents inherited from their ‘corrupt’ and ‘incompetent’ predecessors.
However, after all the ‘difficult’ and ‘unpopular’ decisions, the ailing economy is only out of the intensive care unit, and needs more time for stabilisation— a process which, according to the finance minister, would continue for some time and could not be expedited otherwise the country would again descend into the balance of payment crisis. The warning is pretty clear: hard days are hard to go.
Cheers
The eagerly-anticipated IMF dollars are all set to come. An agreement for an economic bailout package has been agreed upon in principle between the Fund and the Government of Pakistan, and an official announcement is just what’s awaited. If described in Asad Umar’s words, the gap in the positions held by the Fund and the government’s economic team has been bridged after ‘constructive’ discussions, and 6 to 8 billion ‘hard-negotiated’ dollars would soon ‘bolster’ the exchequer. For the sake of the much-needed IMF dollars, the government has had to ‘discipline’ the economy marred by the ‘problematic’ policies of previous rulers — by ‘rationalising’ electricity and gas tariffs; ‘adjusting’ the domestic oil prices in line with the international market; easing ‘artificial’ control on the value of the rupee against the greenback; giving the ‘necessary’ nod to take steps for avoiding the losses incurred by sick industrial units, understandably by adopting the policy of privatisation; and bridging the hole in the annual expenditure and revenue by ‘swallowing’ the ‘bitter pill’ of agreeing to raise taxes; among other measures.
Strangely though, the finance minister insists that the IMF bailout programme will not burden the common man — as if it is not the common man who consumes electricity and gas; none of the vehicles that run on petrol belongs to the common man, and the rise in transportation costs due to costlier petrol will not affect articles of daily use; the impact of a more expensive dollar will only magically target the classes, exempting the masses automatically; and some ‘uncommon’ men will be chosen to impose the taxes aimed at bridging the ‘unprecedented’ budgetary deficit that the incumbents inherited from their ‘corrupt’ and ‘incompetent’ predecessors.
However, after all the ‘difficult’ and ‘unpopular’ decisions, the ailing economy is only out of the intensive care unit, and needs more time for stabilisation— a process which, according to the finance minister, would continue for some time and could not be expedited otherwise the country would again descend into the balance of payment crisis. The warning is pretty clear: hard days are hard to go.
Cheers
Re: Terroristan - October 8, 2018
https://www.app.com.pk/romania-keen-to- ... 020-envoy/
the new kanedas“Romania is ready to import over 0.5 million of Pakistani workers by 2020 due to shortage of human resource at home,” the envoy informed the Special Assistant.
The Ambassador said the labour market of his country was offering a large number of job opportunities for Pakistanis in various sectors including Information Technology, construction, Doctors, Engineers and others.
Zulfikar Bukhari said Pakistan was in contact with Germany to provide them highly skilled workforce under its 2020 vision of enabling employability in Germany.
Re: Terroristan - October 8, 2018
^^^^
Smart people these Germans are. That way they hire no one from Pakistan but keep the Pakistan ambassador happy. Had they mentioned Djinn technologies they would be forced to hire from Pakistan.Earlier this year, Germany had indicated to hire experts in robotics and quantum mechanics and other skilled workers from Pakistan, he added.
Re: Terroristan - October 8, 2018
Aren't Romania, Hungary and Poland against muslim immigrants, how come the worst of the lot, Paki workers are okay?
Re: Terroristan - October 8, 2018
Firstly, that 'news item' is from a Paki source (ISPR's first cousin the Associated Press of Pakistan) and probably embellished by the Pakis to say something completely different from what was actually said. Secondly, a lot of Romanians themselves are living in other EU countries due to lack of opportunities. Thirdly, if the Romanians wanted cheap labour, they could look to neighboring Moldova and Ukraine, both of which have developing nation grade per-capita incomes, and are any day 400% more educated and civilized than the average Paki.
Re: Terroristan - October 8, 2018
^^ that is BS news. these eastern european countries lack jobs and hence they migrate to uk, france, germany even for low level labor jobs.
Re: Terroristan - October 8, 2018
Hmmm. Romania. And note that he mentions shortage of "human resources".ricky_v wrote:https://www.app.com.pk/romania-keen-to- ... 020-envoy/“Romania is ready to import over 0.5 million of Pakistani workers by 2020 due to shortage of human resource at home,” the envoy informed the Special Assistant.
.
What type of human resources? A, B, AB, or O?
Having delivered his message the Envoy swept his cape into the air, transformed into a bat and departed through the window.
Re: Terroristan - October 8, 2018
Gogoji, Aapka ghagra...Rudradev wrote:
Hmmm. Romania. And note that he mentions shortage of "human resources".
What type of human resources? A, B, AB, or O?
Having delivered his message the Envoy swept his cape into the air, transformed into a bat and departed through the window.
Re: Terroristan - October 8, 2018
https://www.dawn.com/news/1476678/canad ... assing-her
https://images.dawn.com/news/1182419/th ... im-blaming
She should have joined the ISPR program where that she would be escorted by lathi wielding TFTA ISI personnel to keep the hoi polloi away, so that she can promote a 'positive image' of Pakistan.
Now that she filed a case, does she have 4 male witnesses to back her up?
https://images.dawn.com/news/1182419/th ... im-blaming
Canadian model and humanitarian worker Assma Gulata registered a case on Tuesday against two suspects for alleged sexual harassment and infringement of her rights.
She shared that she was in Bahria Town Phase 7 when two men in a car began "harassing me, telling me to get into the car".
"When I told them to leave me alone, they started laughing. They blocked me from getting into my Uber and then followed my Uber from Bahria Town to Islamabad, trying to block the driver and even asking the driver for my drop-off location," she stated.
Because they were following her, she said, she had to change her drop-off location and hide in a nearby mall until she thought they had gone.
She should have joined the ISPR program where that she would be escorted by lathi wielding TFTA ISI personnel to keep the hoi polloi away, so that she can promote a 'positive image' of Pakistan.
Now that she filed a case, does she have 4 male witnesses to back her up?
Re: Terroristan - October 8, 2018
Romania has a labor shortage. So they are admitting a **huge** number of non-EU workers.abhijitm wrote:^^ that is BS news. these eastern european countries lack jobs and hence they migrate to uk, france, germany even for low level labor jobs.
http://business-review.eu/business/fore ... sis-199447
I'll bet the Romanian ambassador said "500 labor visas" and Pakiness multiplied it by a thousand.At the beginning of this year, Romania’s government adopted a decree that increased quotas for non-EU foreign workers in 2019 up to 20,000 work permits, an all-time high number, as there is higher demand from local companies claiming they are affected by the workforce crisis.
“For the year 2019 a quota of 20,000 newly admitted workers on the Romanian labor market is established,” the decree says.
In December 2018, the government had planned to issue 13,500 work permits for non-EU workers in 2019 but has decided this year to raise the number up to 20,000.
Last year, the government issued 7,000 work permits for foreign workers, of which 5,200 for permanent and posted workers, but it increased the total number up to 13,200 – including the posted workers, seasonal and other types of foreign employees.
The authorities said that the General Inspectorate for Immigration, a branch of the Ministry of Internal Affairs, issued between January 1 and November 30, 2018, close to 9,400 new work permits for foreign employees who came mainly from Vietnam, Turkey, Nepal, Serbia and Sri Lanka, according to Labor Ministry data sent to Business Review.
Re: Terroristan - October 8, 2018
Indeed.Kashi wrote:Some more Baki
[url=AoA72https://www.dawn.com/news/1476273/we-teach-urdu ... -textbooks]We teach Urdu in America. We learned we can’t use Pakistani textbooks [/url]
Hardly surprising.With outdated techniques and racist content, Pakistani textbooks are unfit for a multi-religious but secular classroom.
The [..] kind of content these Pakistani textbooks have. The majority of the content is overly religious and ideological and it is extremely difficult, if not downright impossible, to appropriate it to suit a multi-religious but secular classroom in an American university.The third, and probably the most important, issue is that these textbooks contain content that is blatantly racist. For example, in a textbook for second grade, students are asked to practise reading and writing kala chor (black thief).
Pakistani state mandated school curriculum plays atleast as much role as the unorganised religious schools in promoting a blinkered and bigoted world view.
I did a three part blog series on this same issue some months ago.
Replugging the blog here
State Sponsored Radicalization in Pakistan’s School Curriculum: Part 1 of 3
Part 2 of 3
Part 3 of 3
Re: Terroristan - October 8, 2018
Coffee spill alertRudradev wrote:
Hmmm. Romania. And note that he mentions shortage of "human resources".
What type of human resources? A, B, AB, or O?
Having delivered his message the Envoy swept his cape into the air, transformed into a bat and departed through the window.
BRF can be dangerous to read at work.Re: Terroristan - October 8, 2018
Oh man, my sides, my sidesRudradev wrote:Hmmm. Romania. And note that he mentions shortage of "human resources".ricky_v wrote:https://www.app.com.pk/romania-keen-to- ... 020-envoy/
What type of human resources? A, B, AB, or O?
Having delivered his message the Envoy swept his cape into the air, transformed into a bat and departed through the window.
Terroristan - October 8, 2018
X Posted on the PESW Thread
A sad Umar removed as finance minister
Pakistan Tehreek-e-Insaf (PTI) government on Thursday removed Asad Umar as finance minister.
In a tweet the finance minister confirmed that as part of a cabinet reshuffle the PM had desired that Umar take the energy minister portfolio instead of finance which he refused. Rats being made to Leave the Sinking Ship!
Cheers
A sad Umar removed as finance minister
Pakistan Tehreek-e-Insaf (PTI) government on Thursday removed Asad Umar as finance minister.
In a tweet the finance minister confirmed that as part of a cabinet reshuffle the PM had desired that Umar take the energy minister portfolio instead of finance which he refused. Rats being made to Leave the Sinking Ship!
Cheers
Re: Terroristan - October 8, 2018
Najem Sethi did mention Asad Umar’s days are numbered and he will be replaced during cabinet reshuffle or another time:
https://youtu.be/ADaIb4-KqPg
https://youtu.be/ADaIb4-KqPg
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Vikas
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Re: Terroristan - October 8, 2018
When Rats start jumping, It is a good sign of Ship sinking.Peregrine wrote:X Posted on the PESW Thread
A sad Umar removed as finance minister
Pakistan Tehreek-e-Insaf (PTI) government on Thursday removed Asad Umar as finance minister.
In a tweet the finance minister confirmed that as part of a cabinet reshuffle the PM had desired that Umar take the energy minister portfolio instead of finance which he refused. Rats being made to Leave the Sinking Ship!
Cheers
Pakistanis must be clamoring for Dar to return from London hosipital and take up Finance Ministry once again.
Re: Terroristan - October 8, 2018
Asad Umar was probably removed,, because of pressure from sugar lobby.
Re: Terroristan - October 8, 2018
https://edition.cnn.com/2019/04/18/asia ... index.html
Islamabad, Pakistan (CNN)Militants wearing security force uniforms stopped two buses in southwest Pakistan on Thursday and killed 14 passengers after ordering them out of the vehicles, police said.
Balochistan provincial police chief Mohsin Ali Butt told CNN that 15 to 20 attackers stopped the buses near the town of Ormara, in the south of the province.
The militants ordered 14 out of the total passengers to disembark and shot them at close range before escaping. "This was an act of targeted killing," he said.
An alliance of Baloch separatists, Baloch Raaji Aajoi Sangar (BRAS), claimed responsibility for the killings, saying in a statement sent to journalists that they had targeted passengers who were part of the country's military.
In the statement a BRAS spokesman said: "Those who were killed carried identity cards of the Pakistan Navy and Coast Guard, and were killed after being identified."
The buses were en route from Pakistan's largest city Karachi to the port city of Gwadar. Police and other government agencies have launched an investigation into the killings, Butt said.
Prime Minister Imran Khan expressed sympathy to families of the victims and vowed maximum efforts "to bring the perpetrators of the barbaric act to justice."
Islamabad, Pakistan (CNN)Militants wearing security force uniforms stopped two buses in southwest Pakistan on Thursday and killed 14 passengers after ordering them out of the vehicles, police said.
Balochistan provincial police chief Mohsin Ali Butt told CNN that 15 to 20 attackers stopped the buses near the town of Ormara, in the south of the province.
The militants ordered 14 out of the total passengers to disembark and shot them at close range before escaping. "This was an act of targeted killing," he said.
An alliance of Baloch separatists, Baloch Raaji Aajoi Sangar (BRAS), claimed responsibility for the killings, saying in a statement sent to journalists that they had targeted passengers who were part of the country's military.
In the statement a BRAS spokesman said: "Those who were killed carried identity cards of the Pakistan Navy and Coast Guard, and were killed after being identified."
The buses were en route from Pakistan's largest city Karachi to the port city of Gwadar. Police and other government agencies have launched an investigation into the killings, Butt said.
Prime Minister Imran Khan expressed sympathy to families of the victims and vowed maximum efforts "to bring the perpetrators of the barbaric act to justice."
Re: Terroristan - October 8, 2018
@ANI
MHA: Issued orders to suspend LoC trade in Jammu & Kashmir with effect from 19 April. The action has been taken as the Govt has been receiving reports of cross LoC trade routes being misused by Pakistan based elements for funneling illegal weapons, narcotics & fake currency etc.
Ministry of Home Affairs: During ongoing probe of certain cases by NIA, it has been brought out that significant number of trading concerns engaged in LoC trade are operated by persons closely associated with banned terror organisations involved in fueling terrorism/separatism
MHA: So it's decided to suspend LoC trade at Salamabad & Chakkan-da-Bagh in J&K. Meanwhile, stricter regulatory&enforcement mechanism is being worked out & will be put in place in consultation with various agencies. The issue of reopening of LoC trade will be revisited thereafter
MHA: Issued orders to suspend LoC trade in Jammu & Kashmir with effect from 19 April. The action has been taken as the Govt has been receiving reports of cross LoC trade routes being misused by Pakistan based elements for funneling illegal weapons, narcotics & fake currency etc.
Ministry of Home Affairs: During ongoing probe of certain cases by NIA, it has been brought out that significant number of trading concerns engaged in LoC trade are operated by persons closely associated with banned terror organisations involved in fueling terrorism/separatism
MHA: So it's decided to suspend LoC trade at Salamabad & Chakkan-da-Bagh in J&K. Meanwhile, stricter regulatory&enforcement mechanism is being worked out & will be put in place in consultation with various agencies. The issue of reopening of LoC trade will be revisited thereafter
Re: Terroristan - October 8, 2018
A very good news, this. The proverbial noose is tightening around terror funding and logistics. Much required.kancha wrote:@ANI
MHA: Issued orders to suspend LoC trade in Jammu & Kashmir with effect from 19 April. The action has been taken as the Govt has been receiving reports of cross LoC trade routes being misused by Pakistan based elements for funneling illegal weapons, narcotics & fake currency etc.
Ministry of Home Affairs: During ongoing probe of certain cases by NIA, it has been brought out that significant number of trading concerns engaged in LoC trade are operated by persons closely associated with banned terror organisations involved in fueling terrorism/separatism
MHA: So it's decided to suspend LoC trade at Salamabad & Chakkan-da-Bagh in J&K. Meanwhile, stricter regulatory&enforcement mechanism is being worked out & will be put in place in consultation with various agencies. The issue of reopening of LoC trade will be revisited thereafter
Re: Terroristan - October 8, 2018
Just curious, what does the sugar lobby do with the molasses that is byproduct of sugar production?menon s wrote:Asad Umar was probably removed,, because of pressure from sugar lobby.
Over here, we make rum out of it.Re: Terroristan - October 8, 2018
stopping a bus in the vicinity of a port town between gwader and karachi and killing 14 military people going home on leave is not a small thing.
this particular baloch formation must be quite well armed and prepared to escalate.
china will have to build a djibouti type fortified town / american bagram town to do anything in gwader.
this particular baloch formation must be quite well armed and prepared to escalate.
china will have to build a djibouti type fortified town / american bagram town to do anything in gwader.
Re: Terroristan - October 8, 2018
They apparently checked the ID cards, matched it with CNIC (national database) and then killed them so the freedom fighters have access to PN employee database including their CNIC detailsSingha wrote:stopping a bus in the vicinity of a port town between gwader and karachi and killing 14 military people going home on leave is not a small thing.
this particular baloch formation must be quite well armed and prepared to escalate.
Re: Terroristan - October 8, 2018
Dispatching of pak mil personnels in this manner is a big message to china who was earlier informed by pak establishment that balochistan is free of militancy.
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sanjaykumar
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Re: Terroristan - October 8, 2018
Yes they have access to the raw data
Re: Terroristan - October 8, 2018
Brilliantly putsanjaykumar wrote:Yes they have access to the raw data
Re: Terroristan - October 8, 2018
menon s wrote:Asad Umar was probably removed,, because of pressure from sugar lobby.
yensoy Ji :yensoy wrote:Just curious, what does the sugar lobby do with the molasses that is byproduct of sugar production?
Molasses
Molasses, also called treacle, syrup remaining after sugar is crystallized out of cane or beet juice. Molasses syrup is separated from sugar crystals by means of centrifuging. Molasses is separated from the sugar crystals repeatedly during the manufacturing process, resulting in several different grades of molasses; that obtained from the first extraction contains more sugar, tastes sweeter, and is lighter in colour than molasses obtained at the second or third extractions. The third and final extraction yields blackstrap molasses, a heavy, viscous, dark-coloured product that has had all the sugar removed from it that can be separated practically by ordinary crystallization.
The lighter grades of molasses made from sugarcane are edible and are used in baking and candy-making and to make rum. Blackstrap and other low grades of cane molasses are used in mixed animal feed and in the industrial production of vinegar, citric acid, and other products. The molasses obtained from sugar beets has a very low sugar content and is generally inedible. Before 1948 molasses was fermented to make industrial ethyl alcohol, which is now made principally from ethylene, thus decreasing the demand for molasses.
Blackstrap molasses from cane is composed of roughly 55 percent sucrose and other sugars, 20 percent water, 15 percent organic nonsugars, and 10 percent ash.
Note : India also Exports a substantial quantity of Molasses and its Products.
Cheers
Terroristan - October 8, 2018
X Posted on the P E S W Thread
Foreign exchange: SBP reserves dive $1b to stand at $9.2b
KARACHI: The foreign exchange reserves held by the central bank declined 10% on a weekly basis, according to data released by the State Bank of Pakistan (SBP) on Thursday.
The reserves slipped below the $9.5-billion mark as the country made payments against the Pakistan Sovereign Bond.
Earlier, the reserves had spiralled downwards, falling below the $7-billion mark, which raised concern over Pakistan’s ability to meet its financing requirements. However, financial assistance from the United Arab Emirates (UAE) and Saudi Arabia helped shore up the foreign exchange reserves.
On April 12, the foreign currency reserves held by the SBP were recorded at $9,243.7 million, down $1,028.2 million compared with $10,271.9 million in the previous week.
Foreign exchange: SBP reserves fall $220m to stand at $10.3b
The decline was attributed to payments on account of external debt servicing, including principal repayment of $1 billion against Pakistan Sovereign Bond, the statement added.
Overall, liquid foreign currency reserves, held by the country, including net reserves held by banks other than the SBP, stood at $16,195.9 million. Net reserves held by banks amounted to $6,952.2 million.
Two weeks ago, the reserves had jumped on account of $2.5 billion in inflows from China.
Earlier, the reserves dipped to $9.06 billion, forcing the central bank to let the rupee depreciate massively and sparking concern about the country’s ability to finance a hefty import bill as well as meet debt obligations in coming months.
In April last year, the SBP’s reserves increased $593 million due to official inflows. A few months ago, the reserves surged due to official inflows including $622 million from the Asian Development Bank (ADB) and $106 million from the World Bank.
The SBP also received $350 million under the Coalition Support Fund (CSF) earlier.
In January last year, the SBP made a $500-million loan repayment to the State Administration of Foreign Exchange (SAFE), China.
Cheers
Foreign exchange: SBP reserves dive $1b to stand at $9.2b
KARACHI: The foreign exchange reserves held by the central bank declined 10% on a weekly basis, according to data released by the State Bank of Pakistan (SBP) on Thursday.
The reserves slipped below the $9.5-billion mark as the country made payments against the Pakistan Sovereign Bond.
Earlier, the reserves had spiralled downwards, falling below the $7-billion mark, which raised concern over Pakistan’s ability to meet its financing requirements. However, financial assistance from the United Arab Emirates (UAE) and Saudi Arabia helped shore up the foreign exchange reserves.
On April 12, the foreign currency reserves held by the SBP were recorded at $9,243.7 million, down $1,028.2 million compared with $10,271.9 million in the previous week.
Foreign exchange: SBP reserves fall $220m to stand at $10.3b
The decline was attributed to payments on account of external debt servicing, including principal repayment of $1 billion against Pakistan Sovereign Bond, the statement added.
Overall, liquid foreign currency reserves, held by the country, including net reserves held by banks other than the SBP, stood at $16,195.9 million. Net reserves held by banks amounted to $6,952.2 million.
Two weeks ago, the reserves had jumped on account of $2.5 billion in inflows from China.
Earlier, the reserves dipped to $9.06 billion, forcing the central bank to let the rupee depreciate massively and sparking concern about the country’s ability to finance a hefty import bill as well as meet debt obligations in coming months.
In April last year, the SBP’s reserves increased $593 million due to official inflows. A few months ago, the reserves surged due to official inflows including $622 million from the Asian Development Bank (ADB) and $106 million from the World Bank.
The SBP also received $350 million under the Coalition Support Fund (CSF) earlier.
In January last year, the SBP made a $500-million loan repayment to the State Administration of Foreign Exchange (SAFE), China.
Cheers
Terroristan - October 8, 2018
Hafeez Sheikh brought in to replace Asad Umar in major cabinet reshuffle
The Prime Minister’s Office announced a major reshuffle of the federal cabinet on Thursday, with key portfolios of finance, information, health and petroleum division seeing new faces.
Hafeez Shaikh, adviser on finance
Born in 1955, Dr Hafeez Shaikh holds a PhD in economics from Boston University. Having worked at Harvard Institute of Development and assumed key offices at the World Bank, Shaikh has over 30 years of experience under his belt in economic policymaking, management and implementation.
During General Pervez Musharraf’s era, Shaikh assumed offices in both the Sindh and federal governments.
After General Musharraf declared himself President, Shaikh was appointed minister for finance, planning and development for Sindh. He is esteemed to be the architect of Sindh’s financial recovery during his successful 2000-2002 tenure.
He has been elected senator thrice. Shaikh’s three years as the federal minister for privatisation and investment were considered most successful in Pakistan’s history.
His last assignment was as the federal minister for finance in the last Pakistan Peoples Party government.
Though Shaikh remained finance minister between 2010 and 2013, he was unsuccessful in steering the economy out of crisis. Due to this, he was bitterly criticised by the opposition.
Firdous Ashiq Awan, special assistant to PM on information
Firdous Ashiq Awan started her political career in the mid-90s while completing her house-job at Ganga Ram Hospital, Lahore after successfully getting her MBBS degree from Fatima Jinnah Medical College.
Back then, she laid the foundation of the Society for Health and Development Exchange (SHADE) to ensure public relief work in the department of health.
Later, during the tenure of former president General Musharraf, Awan was elected a district council member in Sialkot on a PML-Q ticket, after the former increased the number of special seats for women in local bodies.
In the general elections of 2002, she was elected an MNA on the same party’s ticket and was also appointed a parliamentary secretary. Unlike several other women who made their foray into politics, Awan continued to progress and initiated development work in a village of Sialkot near the Indian border.
There Awan faced a difficult task as then National Assembly Speaker Chaudhry Amir Hussain belonged to the same constituency and maintained public gatherings. Awan refused to be influenced or take pressure and continued her political journey.
Hafeez Sheikh brought in to replace Asad Umar in major cabinet reshuffle
As a self-made politician and woman, Awan did not flee and stood her ground firmly against Hussain. While it was quite impossible for her to bypass the politician, Awan called on former prime minister Benazir Bhutto in London and subsequently announced joining the PPP before the general elections.
In 2008, she defeated Hussain with a huge margin, creating an upset for the rival party. Under the PPP government, Awan first became a minister for population welfare and then an information minister.
Awan said goodbye to the PPP in June 2017 to join the Pakistan Tehreek-e-Insaf.
Zafarullah Mirza, special assistant to PM on health
Dr Zafarullah Mirza has formerly worked at World Health Organisation in different capacities.
He holds a Bachelor of Medicine and Surgery from Rawalpindi Medical College, as well as a Master’s of Science degree in Public Health in Developing Countries from London School of Hygiene and Tropical Medicine.
Nadeem Babar, special assistant to PM on Petroleum Division
Nadeem Babar has served in various honorary capacities in the government. Most recently, he was appointed as a member of the Prime Minister’s Advisory Committee on Power Sector Reforms.
Cheers
The Prime Minister’s Office announced a major reshuffle of the federal cabinet on Thursday, with key portfolios of finance, information, health and petroleum division seeing new faces.
Hafeez Shaikh, adviser on finance
Born in 1955, Dr Hafeez Shaikh holds a PhD in economics from Boston University. Having worked at Harvard Institute of Development and assumed key offices at the World Bank, Shaikh has over 30 years of experience under his belt in economic policymaking, management and implementation.
During General Pervez Musharraf’s era, Shaikh assumed offices in both the Sindh and federal governments.
After General Musharraf declared himself President, Shaikh was appointed minister for finance, planning and development for Sindh. He is esteemed to be the architect of Sindh’s financial recovery during his successful 2000-2002 tenure.
He has been elected senator thrice. Shaikh’s three years as the federal minister for privatisation and investment were considered most successful in Pakistan’s history.
His last assignment was as the federal minister for finance in the last Pakistan Peoples Party government.
Though Shaikh remained finance minister between 2010 and 2013, he was unsuccessful in steering the economy out of crisis. Due to this, he was bitterly criticised by the opposition.
Firdous Ashiq Awan, special assistant to PM on information
Firdous Ashiq Awan started her political career in the mid-90s while completing her house-job at Ganga Ram Hospital, Lahore after successfully getting her MBBS degree from Fatima Jinnah Medical College.
Back then, she laid the foundation of the Society for Health and Development Exchange (SHADE) to ensure public relief work in the department of health.
Later, during the tenure of former president General Musharraf, Awan was elected a district council member in Sialkot on a PML-Q ticket, after the former increased the number of special seats for women in local bodies.
In the general elections of 2002, she was elected an MNA on the same party’s ticket and was also appointed a parliamentary secretary. Unlike several other women who made their foray into politics, Awan continued to progress and initiated development work in a village of Sialkot near the Indian border.
There Awan faced a difficult task as then National Assembly Speaker Chaudhry Amir Hussain belonged to the same constituency and maintained public gatherings. Awan refused to be influenced or take pressure and continued her political journey.
Hafeez Sheikh brought in to replace Asad Umar in major cabinet reshuffle
As a self-made politician and woman, Awan did not flee and stood her ground firmly against Hussain. While it was quite impossible for her to bypass the politician, Awan called on former prime minister Benazir Bhutto in London and subsequently announced joining the PPP before the general elections.
In 2008, she defeated Hussain with a huge margin, creating an upset for the rival party. Under the PPP government, Awan first became a minister for population welfare and then an information minister.
Awan said goodbye to the PPP in June 2017 to join the Pakistan Tehreek-e-Insaf.
Zafarullah Mirza, special assistant to PM on health
Dr Zafarullah Mirza has formerly worked at World Health Organisation in different capacities.
He holds a Bachelor of Medicine and Surgery from Rawalpindi Medical College, as well as a Master’s of Science degree in Public Health in Developing Countries from London School of Hygiene and Tropical Medicine.
Nadeem Babar, special assistant to PM on Petroleum Division
Nadeem Babar has served in various honorary capacities in the government. Most recently, he was appointed as a member of the Prime Minister’s Advisory Committee on Power Sector Reforms.
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Terroristan - October 8, 2018
I was sacked by PM Imran owing to my performance: Asad Umar
Hours after the finance minister was shown the door, Asad Umar said that he was removed by Prime Minister Imran Khan because of his “performance” at the post in the last eight months.
The outgoing federal finance minister who is a close aide of Premier Imran remarked during an interview with a private news channel where he shared the reason being his dismissal.
CheersUmar said he “is neither angry nor disappointed” at the prime minister over his decision.
Re: Terroristan - October 8, 2018
Gems from Terroristan reshuffle of cabinet portfolios:
The key ministry of interior was assigned to former ISI officer, Brig (retd) Ijaz Shah who was recently appointed as minister for parliamentary affairs.
He was a confidant of former military dictator General Pervez Musharraf.
Former prime minister Benazir Bhutto reportedly named him among three people who were a threat to her life.
Azam Swati, who stepped down last year as minister of science and technology for allegedly using his influence over police to register a case against a poor family, made a comeback and appointed as minister for parliamentary affairs.
Dr Firdous Ashiq Awan was appointed as Special Assistant to Prime Minister on Information. She is an expert in jumping ships having moved from PPP to PML-N and now PTI. She had openly called a good looking female politician from PML-Q as coming from Heera Mandi (lahore's Red Light District) during a television debate
The key ministry of interior was assigned to former ISI officer, Brig (retd) Ijaz Shah who was recently appointed as minister for parliamentary affairs.
He was a confidant of former military dictator General Pervez Musharraf.
Former prime minister Benazir Bhutto reportedly named him among three people who were a threat to her life.
Azam Swati, who stepped down last year as minister of science and technology for allegedly using his influence over police to register a case against a poor family, made a comeback and appointed as minister for parliamentary affairs.
Dr Firdous Ashiq Awan was appointed as Special Assistant to Prime Minister on Information. She is an expert in jumping ships having moved from PPP to PML-N and now PTI. She had openly called a good looking female politician from PML-Q as coming from Heera Mandi (lahore's Red Light District) during a television debate
Re: Terroristan - October 8, 2018
So the musings from members talking about a coup were not so off the mark after all. Except that it's a soft coup, instead of fauj taking over formally, they have ensured that more and more of their people get a grip on the key nodes of the administration.
I'll hazard a guess that phartilijer chor gave some tentative commitments to the IMF top brass and some in the DC on some sort of a cap on the defence funding and this happened.
Dimmy will remain as long as he proves useful in taking the flak.
I'll hazard a guess that phartilijer chor gave some tentative commitments to the IMF top brass and some in the DC on some sort of a cap on the defence funding and this happened.
Dimmy will remain as long as he proves useful in taking the flak.