PM Sharif constitutes Economic Advisory Council as Pakistan aims to put economy on track | Arab News

PM Sharif constitutes Economic Advisory Council as Pakistan aims to put economy on track

PM Sharif constitutes Economic Advisory Council as Pakistan aims to put economy on track
Prime Minister Shehbaz Sharif chairs a meeting on the matters related to facilitation of Pakistan’s industrial sector at the Prime Minister House in Islamabad on May 17, 2024. (APP)
Short Url
Updated 18 May 2024
Follow

PM Sharif constitutes Economic Advisory Council as Pakistan aims to put economy on track

PM Sharif constitutes Economic Advisory Council as Pakistan aims to put economy on track
  • The EAC is non-constitutional, independent body that advises the government on important economic issues
  • Pakistan is currently navigating a tricky path to economic recovery after it narrowly escaped default last year

ISLAMABAD: Prime Minister Shehbaz Sharif has constituted an eight-member Economic Advisory Council (EAC), the Finance Division said on Saturday, as the South Asian country aims to revive its struggling $350 billion economy.
The Economic Advisory Council (EAC) is a non-constitutional, independent body in Pakistan formed to advise the government, more specifically the prime minister, on economic issues of national significance.
Pakistan, which has been facing low foreign exchange reserves, currency devaluation and high inflation, last month completed a short-term $3 billion International Monetary Fund (IMF) program that helped stave off a sovereign default.
However, the South Asian country is still dealing with a high fiscal shortfall and while it has controlled its external account deficit through import control mechanisms, it has come at the expense of stagnating growth, which is expected to be around 2 percent this year, compared to negative growth last year.
“The EAC will be chaired by the prime minister, who will convene its meeting with any required frequency,” the Finance Division said in a notification.
The council members include Jahangir Tareen, Saquib Sherazi, Shahzad Saleem, Musadaq Zulqarnain, Ijaz Nabi, Asif Peer, Ziad Bashir and Salman Ahmed.
The development comes amid Pakistan’s talks with the IMF for a fresh bailout after its $350 billion economy slightly stabilized following the completion of the last IMF program, with inflation coming down to around 17 percent in April from a record high of 38 percent in May last year.
While Islamabad has said it expects a staff-level agreement by July, both Pakistani and IMF officials have refrained from commenting on the size of the program. The South Asian country is expected to seek around $7-8 billion bailout from the global lender.
Pakistan has to meet a primary budget deficit target of Rs401 billion ($1.44 billion), or 0.4 percent of its gross domestic product, for the current fiscal year before the government presents its budget in June.


Pakistan condemns storming of Al-Aqsa Mosque by Israeli ‘extremists’ amid police protection

Pakistan condemns storming of Al-Aqsa Mosque by Israeli ‘extremists’ amid police protection
Updated 07 June 2024
Follow

Pakistan condemns storming of Al-Aqsa Mosque by Israeli ‘extremists’ amid police protection

Pakistan condemns storming of Al-Aqsa Mosque by Israeli ‘extremists’ amid police protection
  • The foreign office calls the incident a violation of international norms related to respect for religious sites
  • Pakistan’s deputy PM will undertake a daylong visit to Istanbul to discuss Gaza with the D-8 foreign ministers

ISLAMABAD: Pakistan on Friday condemned the storming of Al-Aqsa Mosque by hundreds of Israeli “extremists” amid police protection, calling the incident a violation of decades-long international norms regarding respect for religious sites.

Hundreds of Israeli settlers stormed the courtyards of Al-Aqsa Mosque in East Jerusalem on Wednesday, waving flags and many chanting anti-Arab slogans.

The main streets in the neighborhood were empty of Palestinians who feared attacks from the Israeli “extremists” moving toward the mosque.

The so-called Jerusalem Day flag march was to commemorate the Israeli army’s capture of the city’s eastern sector in the 1967 Arab-Israeli war, home to Al-Aqsa Mosque compound, Islam’s third holiest site, which Jews call the Temple Mount.

The incident occurred after Israeli National Security Minister Itamar Ben Gvir threatened to storm the mosque in a recent interview.

“Pakistan strongly condemns the storming of the Al-Aqsa Mosque compound by hundreds of Israeli extremists under the protection of Israeli police forces,” foreign office spokesperson Mumtaz Zahra Baloch said during a weekly media briefing.

“The reprehensible act violates decades-long international agreements and international norms on respect for religious sites,” she added.

Baloch made it clear it was the responsibility of the “occupation authorities” to respect religious sites under international law, urging Israeli forces to ensure Al-Quds’ security. She also called for an “urgent and unconditional” ceasefire in Gaza to put an end to the killings of civilians apart from holding Israel accountable for its crimes.

Israel launched an air and ground offensive in Gaza last October following a surprise attack by Hamas in which around 1,200 Israelis were killed and more than 250 people were taken hostages. The Palestinian group said its attack was in response to the deteriorating condition of Palestinian people under Israeli occupation.

Prime Minister Benjamin Netanyahu’s administration’s response was widely viewed as disproportionate by the international community in which so far more than 36,500 people, mostly women and children, have been killed.

Israel is facing the charges of committing Palestinian genocide in the International Criminal Court that ordered an end to its ongoing offensive in Rafah.

“Pakistan also strongly condemns the horrific bombing of Israeli forces on the UNRWA-run Al-Sardi School in Nuseirat refugee camp in Gaza that led to multiple deaths of mostly women and children,” Baloch said while mentioning the United Nations agency for Palestinian refugees and calling the attack as another crime in the series of attacks against civilians.

Baloch said the “deliberate targeting of civilians” and public facilities was a grave violation of international law.

She further informed that Deputy Prime Minister Ishaq Dar would undertake a daylong visit to Istanbul to attend the D-8 Council of Foreign Ministers’ meeting that will discuss the prevailing Gaza situation.

She said the meeting was called by the foreign minister of Türkiye, Hakan Fidan.

“The D-8 Foreign Ministers will deliberate upon the shared responsibility of the international community to bring an urgent and unconditional ceasefire and an end to the inhumane and unjustified war on the people of Gaza,” Baloch added.


Imran Khan’s legal team urges court for early decision in unlawful marriage case

Imran Khan’s legal team urges court for early decision in unlawful marriage case
Updated 07 June 2024
Follow

Imran Khan’s legal team urges court for early decision in unlawful marriage case

Imran Khan’s legal team urges court for early decision in unlawful marriage case
  • Khan and his wife were sentenced to seven years in prison in February on charges of violating Pakistan’s marriage laws
  • Their lawyer says the case against the couple is ‘bogus,’ hoping the court will conclude it in two to three hearings

ISLAMABAD: Jailed former prime minister Imran Khan and his wife Bushra Bibi’s legal team on Friday urged a local court in the federal capital for an early hearing and judgment in a case in which they have been convicted of contracting unlawful marriage, one of their lawyers said.

The couple were sentenced to seven years in prison in February ahead of Pakistan’s national elections by a court that ruled that their 2018 marriage went against the law. Khan’s wife was accused of not completing the waiting period mandated by Islam, called “Iddat,” after divorcing her previous husband and marrying Khan.

The couple signed their marriage contract, or “Nikkah,” in January 2018 in a secret ceremony seven months before the former cricket superstar became prime minister for the first time. Bibi’s ex-husband, Khawar Maneka, to whom she was married for about 30 years, brought a criminal complaint against the couple, accusing them of undermining the country’s marriage laws.

Last week, an Islamabad district court judge failed to announce the judgment on the couple’s appeals after Maneka expressed no-confidence over proceedings of the case, and the judge requested the Islamabad High Court to transfer the matter to another court for fresh hearings.

“This is one of the bogus cases against Imran Khan and his wife, and we have appealed the court for an early hearing and judgment as the case has already been lingering for months now,” advocate Niazullah Niazi, one of Khan’s legal team members who appeared in the court, said.

Prior to that, a district court judge, Muhammad Afzal Majoka, took up the petition on Friday, but prosecutors failed to appear in the court, prompting the judge to point out that a notice had been issued to the complainant and the court would hear the case even in his absence.

Niazi told Arab News it was unprecedented for a district court judge to complete all the hearings and then request the high court for transfer the case on the last day, instead of announcing the verdict.

“This is a criminal appeal against the convictions, and the courts usually conclude them in two to three hearings,” be continued, adding the prosecution in the case was using different “tactics and excuses” to delay the judgment.

The court has adjourned the case until June 11 with fresh notices to the complainant to present their arguments on the next hearing.

Khan has been in prison since August last year and is facing multiple charges. His wife was also shifted to Rawalpindi’s Adiala Jail with him last month from their Bani Gala residence in Islamabad where she was kept for around three months after her conviction.


Pakistani communication satellite successfully enters earth’s orbit — national space agency

Pakistani communication satellite successfully enters earth’s orbit — national space agency
Updated 07 June 2024
Follow

Pakistani communication satellite successfully enters earth’s orbit — national space agency

Pakistani communication satellite successfully enters earth’s orbit — national space agency
  • PAKSAT MM1 is equipped with latest communication equipment to help provide high-speed Internet across Pakistan
  • On May 3, Pakistan also launched its first satellite, ICUBE-Q, into space aboard China’s Chang’e-6 lunar mission

ISLAMABAD: Pakistan’s latest modern communication satellite, PAKSAT MM1, has successfully entered the earth’s orbit, the country’s national space agency confirmed on Friday, more than a week after its launch with China’s assistance.
The launch of PAKSAT MM1 from China’s Xichang Satellite Launch Center was broadcast live by Islamabad and Karachi offices of the Pakistan Space and Upper Atmosphere Research Commission (Suparco) on May 30.
Suparco spokesperson Maria Tariq said the satellite successfully entered its intended orbit on June 5.
“PAKSAT MM1 was positioned at an altitude of 38,786 kilometers with its location 38.2 degrees east of the earth’s orbit,” Tariq said in a statement.
“Following its arrival in the orbit, the satellite’s solar panels have been activated.”
Tariq noted that the five-ton PAKSAT MM1 satellite was equipped with latest communication equipment, which would help provide high-speed Internet across Pakistan.
Various tests would be conducted on the satellite to ensure its functionality and health in the orbit, she added.
The launch of PAKSAT MM1 came weeks after Pakistan launched its first satellite, ICUBE-Qamar or ICUBE-Q, into the space aboard China’s Chang’e-6 lunar mission from Hainan, China on May 3.
A major milestone in Pakistan’s space exploration efforts, the satellite successfully entered the moon’s orbit on May 8, and began transmitting the first images shortly afterwards.


Babar Azam says Pakistan not up to the mark after shock defeat to US in T20 World Cup

Babar Azam says Pakistan not up to the mark after shock defeat to US in T20 World Cup
Updated 07 June 2024
Follow

Babar Azam says Pakistan not up to the mark after shock defeat to US in T20 World Cup

Babar Azam says Pakistan not up to the mark after shock defeat to US in T20 World Cup
  • US beat Pakistan in a Super Over in one of biggest upsets in the World Cup history
  • Pakistan next face arch rivals India in a blockbuster game in New York on Sunday

BENGALURU: Pakistan have a tendency to underestimate less established teams at major tournaments, captain Babar Azam said, adding that his side played well below their standard in a shocking defeat to the United States at the Twenty20 World Cup on Thursday.
The US beat Pakistan in a Super Over in Dallas to achieve one of the biggest upsets in Twenty20 World Cup history and secure their second win of the tournament.
This is not the first time that Pakistan have suffered a defeat to lower-ranked opposition in major tournaments, with the 2009 champions losing to Zimbabwe in the 2022 T20 World Cup and Afghanistan at last year’s 50-overs World Cup.
“Whenever you come into any tournament, you always do the best preparation,” Babar told reporters after the defeat.
“But you can say it’s a kind of mindset, when you come up against a team like this, you relax a little. You take things a little lightly.
“If you don’t execute your plan against any team, then whatever team it is, they will beat you. I believe that we are not up to the mark in executing. We are doing well in preparation, but in the match, we are not executing our plans as a team.”
Babar also lamented his side’s failure to take wickets in the first half of the US innings, with an early 68-run partnership between Mohank Patel and Andries Gous proving vital in the host nation’s chase.
“We are not playing good in all three departments,” Babar said.
“We are better than that in the bowling, we aren’t taking wickets in the first six overs. In the middle overs, if your spinner is not taking wickets then pressure is on us.
“But I think the way they finished the game in the super overs, credit to the US team.”
Pakistan next face arch rivals India in a blockbuster game in New York on Sunday.


In Pakistan’s capital, rotavirus vaccine helps children escape diarrheal infections

In Pakistan’s capital, rotavirus vaccine helps children escape diarrheal infections
Updated 07 June 2024
Follow

In Pakistan’s capital, rotavirus vaccine helps children escape diarrheal infections

In Pakistan’s capital, rotavirus vaccine helps children escape diarrheal infections
  • Rotavirus can cause severe watery diarrhea, vomiting, abdominal pain among newborns, infants
  • Diarrhea accounts for around 60 percent of infant deaths in Pakistan annually, a research study says

ISLAMABAD: Tariq Javed and his wife waited anxiously for their turn as they cuddling their newborn baby daughter Mahnoor in a corridor of Islamabad's Polyclinic Hospital. The couple were among a handful of other parents patiently sitting on steel benches in the hospital's hallway, eager to get their children immunized against rotavirus.
The virus can cause severe watery diarrhea, vomiting, fever and abdominal pain, according to the Centers for Disease Control and Prevention (CDC). It spreads easily among infants and young children, who can become dehydrated and may need to be hospitalized after contracting the virus.
According to a research study titled, “The rise of diarrheal illnesses in the children of Pakistan amidst COVID‐19: A narrative review,” rotavirus accounts for 60 percent of infant and child deaths in Pakistan annually. The study states that Pakistan has the highest ratio for infant mortality from diarrhea in Asia.
Realizing the dangers that rotavirus poses to millions of children across the country, Pakistan’s government introduced the rotavirus vaccine in the national immunization program in 2017. In a study to gauge the vaccine’s effectiveness in the first seven years, researchers found in October 2023 that the vaccine was around 30 percent effective among Pakistani children. It is known to be more effective in higher income countries where there are better sanitary conditions and environmental hygiene factors.
“Parents should bring their children to hospital to get their vaccination course completed so that children could fight back [against] the diseases,” Javed told Arab News, going through his daughter’s immunization.
He said he got to know about the vaccine’s importance through doctors.
“You see a lot of children contracting a lot of diseases because they don’t get immunized timely and that’s why they face issues,” he said.
The World Health Organization (WHO) has ranked Pakistan at number 23 worldwide in terms of childhood mortality caused by diarrheal illness, with almost 6.4 million cases of pediatric diarrhea being reported in the country annually.
Doctors and experts say dehydration, substandard hygiene conditions and lack of breastfeeding are major causes of rotavirus infections among infants and children. Babies between eight to fourteen weeks old are given two doses of the vaccine with a gap of four weeks to boost their immunity against diarrhea.
Dr. Syed Awais Abid, an associate physician at the hospital’s Pediatric Medicine Department, said the oral medicine does not have any side effects and is easy to administer.
“Since the vaccine was introduced, this [occurrence of diarrhea in babies] has reduced to an extent,” Dr. Abid told Arab News.
He said diarrhea and pneumonia were among diseases that led to fatalities in Pakistan and other developing countries.
“It [diarrhea] is indeed a dangerous disease, but the treatment is vital,” Dr. Abid explained. “The main cause of it is dehydration and timely treatments are available for dehydration like [intravenous] drip and Oral Rehydration Solution that leads to improvement.”
Another couple, who awaited their turn at the immunization center carrying their twins in their arms, urged parents to get their children immunized against rotavirus.
“There are numerous new diseases like polio, vomiting, indigestion, and this [rotavirus vaccine] prevents all,” Shah Hussain, father of twins Habiba Noor and Khadija Noor, told Arab News. “I am getting them immunization, vaccination and polio drops. This is a good thing as it has no side effect on children.”
Dr. Abdul Ghafoor Shoro, a public health specialist and secretary-general of the Pakistan Medical Association, said clean drinking water and environmental hygiene were key to bringing down childhood mortality caused by diarrhea.
“The rotavirus vaccine is effective and helped reduce our disease burden significantly in the last couple of years” he said. “But we can further reduce it using chlorinated and boiling water.”