Discussion in 'The Pavilion' started by Munna, Aug 18, 2018.
Has India replaced women with a wife beater as rep to the UN?
Wasn't PMIK begging the same POTUS to mediate?
So what is PMIK's way forward? big talk and no action?
what's the Indian population's way forward? rape white women and throw their own women on funeral pyres?
You don't get to bitch and moan about women's rights moron.... That's the whole point.... And you complain to to mods about being called a village idiot.
Lol I don't think he's mentally all there
nope. I mocked hypocrisy of mohammad bilal who seems to think my posts are abusive. He PMed me uninvited. That bilal bloke is bit of a nutjob if you ask me.
the question you should be asking is what is PMIK's way forward. He has talked himself into a corner.
Unless of course you are a brit.
The question you should be asking yourself is why you are avoiding the massive deeply serious severe crimes of the indian state and it’s criminal legislators and choosing to prioritise minutiae about a no name, unimportant diplomat.
I've told you I'm a brit you mentally ill moron. What do you mean 'unless
Ohh and what corner dumbass? The whole aim was to bring it to international attention and he did. He can continue to do so. Its only a corner in your head ... Poor village idiot.
talking to godzilla. thought that was obvious. you guys are special.
Dengue was nearly eliminated by Shehbaz Sharif in Punjab, he went an extra mile to suppress this deadly disease, but now it has come back with a vengeance and killing people on a daily basis. The response from Buzdar in Punjab and Mehmood Khan in KPK has been extremely hopeless and disappointing.
You love Shehbaz Sharif or hate him, but there is no denying his one-man-army gangster type manner of governance actually worked in an otherwise lawless province like Punjab. Literally guys, hatred aside, Punjab has gone to dogs.
Failure to meet collection target, reduce stock of refund arrears: Pakistan to seek IMF’s waivers
ISLAMABAD: Pakistan will have to seek waivers from the IMF’s Executive Board on missing out two performance and indicative targets related to the FBR’s collection target and reducing stock of refund arrears for end September 2019.
In order to build up foreign currency reserves and materialize Net International Reserves (NIR) up to the desired target under the IMF program through “hot money” from abroad, the government has lured $328 million through foreign investors for investing into government bonds and treasury bills.
This hot money at higher interest rates in the range of over 14 percent is a highly “controversial move” that was criticized by many independent economists.
However, the government is also finding it hard to meet the third indicative target to curtail the monster of circular debt to Rs23 billion by end September 2019, as the latest estimates suggest that the flow of circular debt had gone up by Rs60 billion in the last three months (July-Sept), as it increased from Rs800 billion in June 30, 2019 to Rs861 billion on September 30, 2019.
On curtailing the power sector arrears to Rs23 billion under the IMF’s indicative target for end September 2019, the government is making efforts to restrict this figure to the desired limit. However, top guns of the ministries of finance and power were reluctant to talk on this subject despite several efforts.
The monster of circular debt as defined by the IMF stood at Rs800 billion on June 30, 2019 and it was agreed under the Fund program that the arrears accumulation would be restricted to Rs23 billion in the first quarter of the current fiscal year. Now the rough estimates suggest that the arrears accumulation has gone up by Rs60 billion.
Now the government is making efforts to adjust it by providing increased amount of subsidies in order to avoid another breach of indicative target under the Fund program.
On FBR’s quarterly target of Rs1071 billion, the FBR has collected Rs1070 billion showing impressive growth on front of domestic taxes.
The FBR high-ups claimed that the IMF team sent them message of “congratulation” on 30 percent growth of domestic taxes but the import compression of $3 billion caused loss to the revenue efforts. On reduction in stocks of refunds arrears, the FBR high-ups claimed that the IMF inserted figure of Rs75 billion reduction without undertaking proper homework and it was now agreed that when the upcoming review mission would visit Islamabad by end October or early November then the reduction in stock arrears of refunds would be reassessed again and new figures would be made part of the IMF program.
On face of it, the IMF indicative target requires reduction of Rs75 billion; however, the FBR released refunds to the tune of Rs30.1 billion in first three months of the current fiscal year. Now the key target of restricting the primary deficit will be crucial one as under the original plan the government had to keep it at Rs102 billion for end September 2019. There are certain caveats as inability of reducing the refund stocks will also result into making the primary deficit more difficult so it is yet to see how much the primary deficit is brought down on lower side at time of upcoming review of IMF that will take place by end of the ongoing month.
Maybe you should focus on Your own back yard village idiot.
From Underwear to Cars, India’s Economy Is Fraying
The country once had the world’s fastest-growing economy, but it has been battered by global and domestic forces. India’s troubles are a warning sign for other developing countries.
By Vindu Goel
Published Sept. 21, 2019Updated Sept. 22, 2019
TIRUPUR, India — When Alan Greenspan ran a consulting firm and wanted to know where the economy was headed, he would often look at sales of men’s underwear as a guide.
Mr. Greenspan, who later served as chairman of the Federal Reserve, believed that when times were tough, men would stop replacing worn-out underwear, which no one could see, before cutting other purchases.
By that measure, India is in a serious slump.
“Sales are down 50 percent,” said Jeffrin Moses, gesturing toward the boxes of cotton briefs and tank tops bulging from the shelves of the Tantex undergarment emporium in Tirupur, the southern city where most of the country’s knitwear is made.
Thanks. I live in Lahore and I can attest to this. Punjab has gone to dogs and IK is responsible.
Tycoons’ dinner reception with COAS: Top businessmen explode before Gen Bajwa
ISLAMABAD: Heads of Pakistan’s leading business houses have called on Chief of Army Staff (COAS) General Qamar Javed Bajwa Wednesday night to convey their serious concerns about Pakistan’s stagnating economy and the government’s tepid response to the debilitating situation facing the drivers of the country’s economy.
Their main gripe was that the government does not go beyond verbal assurances and that its words do not match its action.
Opinion: Evolving recession
Sources with the knowledge of what was discussed in the meeting claimed that the army chief heard the grievances expressed by 16 to 20-strong delegation and assured them of his help, adding that he will try to do something for the resolution of their problems at the earliest. The COAS also floated an idea that an internal committee be formed comprising military officers to work on the delegates’ complaints so that they could be resolved as soon as possible, the sources claimed.
More: Pakistan to seek IMF’s waivers after failure to meet collection target
The businessmen met the COAS at a dinner reception that continued late at night on Wednesday.
General Bajwa advised the business tycoons that they should cooperate with the government and do not side with anti-government forces.
Addressing the leading businessmen of the country, the army chief said that we all love Pakistan, and the country needs them the most. He hailed the services rendered by the business community for Pakistan, adding that with their (business community) efforts the country will move forward in the comity of the nations. He also consoled them, saying that he feels their pain.
Related: ADB sees Pakistan’s growth lowest at 2.8pc in South Asia
The delegates did not keep their anger and frustration at the government’s attitude towards economy from General Bajwa and conveyed to him that their business units are getting closed one by one, and if remedial measures were not taken then all their business would be shut, leaving countless labourers unemployed. They said that labourers’ bread and butter is also linked with their businesses. They said that it their businesses were a result of years of hard work after creation of Pakistan and they have been managing through thick and thin in different eras.
The business tycoons requested the Army Chief to do something for God sake, adding that it was a matter of pain that they are not seeing light at the end of the tunnel. They said that if nothing was done on emergency basis the situation will deteriorate further multiplying the problems.
It is to be mentioned here that in the last meeting with traders in Karachi few months ago, the Army Chief had assured the trader leaders that he would talk with the government for resolution of their problems. The COAS had asked them to contact him if they face any problem(s) in future.
Mehtab Haider adds: The business community expressed its concerns about stagflation where the GDP growth is touching the lowest ebb while inflation is persistently rising and its resulting into halting economic activities.
At this point of time the FBR is squeezing the businesses to maximise its revenues. They also complained about increasing cost of doing business was making hard for them to make their business venture economically viable.
Among those who were present in the meeting included former president FPCCI Zubair Tufail, Arif Habib, Mian Mansha, Hussain Dawood, Ali Mohammad Tabba, Ali Jameel, Javed Chinoy, Zubair Motiwala, Ijaz Gohar, Aqeel Karim Dhedi, Zubair Tufail, Siraj Qasim Teli, Saqib Shirazi and some other textile tycoons. The sources said that the business tycoons might also meet with Prime Minister Imran Khan. The businessmen criticised NAB activities against them and further stated that the element of fear among the public sector increased manifold so no public sector employee was ready to resolve their genuine problems.
No official word was available but sources who held discussions with top business tycoons prior to this meeting told this scribe that the business activities were standing at standstill situation causing serious concerns for the business community. The business tycoons were perturbed mainly because of increasing policy rate and exchange rate that resulting into creating uncertainties and barring them to take decision on making investments related decisions.
The foreign direct investment (FDI) is showing stagnant results. There are many sectors of large scale manufacturing where the growth is on decline from last several months. The textile sector is not performing up to the desired because of increased tax burden after withdrawal of zero rating. Mansoor Ahmad adds from Lahore: The businessmen apprised the COAS that the GDP growth is going down but the revenues are increasing which is never heard of in any economy. They said 90 percent increase in revenues came from the existing taxpayers that has increased the cost of doing business.
The corruption rate has increased instead of declining. They feared that after losing the export market they are likely to lose the domestic market to imports if the energy and power rates are not brought down.
They said instead of eradicating corruption and losses in power and energy sectors the burden has been passed on to businesses. Now they await a response from the concerned quarters.
It was also learnt the businessmen registered their concern over unusual activity of the FBR officials -- making calls and paying unplanned visits. Many businessmen also narrated the fact that is was becoming difficult for them to get money from the concerned financial institution for either running their existing business or expanding their respective facilities. They stated the institution was refusing to facilitate them on the pretext of low dollar reserves in the country.
The half cooked documentation drive is creating more uncertainty as the CNIC condition is being deferred by the FBR realising broken value chain in many sectors. Textile sector particularly the spinners are sitting on huge unsold stocks as small weavers are not lifting yarn because of CNIC condition.
Erum Zaidi adds from Karachi: One of the leading businessmen who attended the meeting with COAS Gen Bajwa told The News that Hammad Azhar told the meeting that the IMF never asked Pakistan to increase the interest rate, a decision which was taken in the light of the dismal economic situation. However, the government is prepared to revise the interest rates downwards as and when the economic situation improves, Hammad was quoted as saying.
Once again, Army Chief meeting businessmen and solving their issues? LOL...this is practically unheard of. Imran should just tell us he has been hired for doing speeches. Khateeb e Pakistan is a better position for IK.
PS. Asif Uncle is also sitting in the business meeting. Can be seen at the far left.
Heres a funny clip..
Now a bit of a Saaf Chali Shafaaf Chali Of Tahreek e Badmash...Ooops. Tehreek e Insaf.
ECP reserves verdict on PTI's applications for secrecy in scrutiny of foreign funding case
The Election Commission of Pakistan on Tuesday reserved its verdict on four applications by Pakistan Tehreek-i-Insaf (PTI) seeking secrecy in the scrutiny of its foreign funding case.
Former PTI member and petitioner Akbar S. Babar had filed the foreign funding case before the ECP in 2014, alleging that nearly $3 million in illegal foreign funds were collected through two offshore companies, and that money was sent through illegal 'hundi' channels from the Middle East to accounts of PTI employees.
He has also alleged that the foreign accounts used to collect funds were concealed from the annual audit reports submitted to the ECP.
In today's proceedings, Chief Election Commissioner retired Justice Sardar Mohammad Raza said that the PTI had submitted four new miscellaneous applications to the committee, adding that they "just wanted to increase the burden of work". He said that the investigative committee had forwarded the applications to him so that he could make a decision.
According to PTI's counsel, in all four applications, they had demanded that the leakage of information should be stopped, in response to which the chief election commissioner inquired what the committee had to do with information being shared on media.
Saqlain Haider, PTI Finance Secretary Sardar Azhar Tariq Khan's counsel, said that PTI's information was being leaked and their secrecy was not being maintained. He said that incorrect news regarding the committee was being run with the purpose of maligning the political party, putting the blame on the petitioner.
The chief election commissioner inquired as to what had happened in five and a half years that PTI’s founding member Babar was now being accused of malice.
Babar's lawyer Ahmed Hassan said that the State Bank of Pakistan had told the scrutiny committee about 23 accounts which received party funding.
According to Hassan, people within the party had leaked information to the television reports they were mentioning. He alleged that the party was using information being leaked as an excuse and running away [from the case].
The bench reserved the verdict, which will be announced on October 10.
Foreign Funding Case
Dissident founding member of the PTI and petitioner Babar, had filed the foreign funding case before the ECP in 2014 after he developed differences with PTI Chairman Imran Khan over internal corruption and abuse of laws governing political funding.
The petitioner had alleged that nearly $3 million in illegal foreign funds were collected through two offshore companies, registered under Imran’s signature, and that money was sent through illegal 'hundi' channels from the Middle East to accounts of PTI employees. He also alleged that the foreign accounts used to collect funds were concealed from the annual audit reports submitted to the ECP.
For over a year, the proceedings of the case were delayed in the ECP as the PTI had filed a writ petition in October 2015 in the Islamabad High Court seeking to restrain the ECP scrutiny of its accounts.
In February 2017, the IHC remanded the case back to the ECP for a fresh review of its jurisdiction. On May 8 of the same year, a full bench of the ECP once again expressed its complete jurisdiction over the case and stated that the PTI had failed to produce any evidence that the petitioner had been expelled from the party and hence lost the right to question PTI accounts.
In March 2018, a scrutiny committee was formed to look into PTI foreign funding accounts.
پی ٹی آئی فارن فنڈنگ کیس"
مشہورِ زمانہ اور پانچ سال سے رینگتا ہوا پی ٹی آئی فارن فنڈنگ کیس بالآخر اپنی منزلَ مقصود پر پہنچ گیا ۔ الیکشن کمیشن میں اس بابت دورانِ سماعت بتایا گیا کہ اسٹیٹ بینک آف پاکستان کو تحریک انصاف کے خفیہ 23 اکاؤنٹس کے بارے میں تفصیلات مل گئیں ہیں ۔
اب جب صادق اور امینوں کی دم پر پورا پاوں پڑا ہے تو وہ چیخ رہے ہیں کہ اسکروٹنی کمیٹی سے متعلق غلط خبریں چلوائی جا رہی ہیں اور اس حوالے سے خبریں چلوانے کا مقصد پی ٹی آئی کو بدنام کرنا ہے، لہذا کمیٹی کی کارروائی کی باہر نہ جانے دی جائے،جس پر چیف الیکشن کمشنر نے ریمارکس دیئے کہ’’ ساڑھے پانچ سال میں آپ کے ساتھ ہوا ہی کیا ہے جو بدنیتی کا الزام لگا رہے ہیں ،ٹی وی پراگرکچھ آتا ہے توآپ نظرانداز کریں ۔ جن 23 اکاؤنٹس کا ذکر کیا جا رہا ہے کیا یہ اسٹیٹ بینک نے لکھا ہے؟ ‘‘
حقائق یہ ہیں کہ اسٹیٹ بینک نے جس’’ اسکروٹنی کمیٹی‘‘ کو تحریک انصاف کے خفیہ 23 اکاؤنٹس کے بارے میں بتایا ہے، اس کمیٹی کی ہر میٹنگ میں تحریک انصاف کی نمائندگی موجود ہوتی تھی، جبکہ پی ٹی آئی کے نمائندہ کی عدم حاضری کے باعث کمیٹی میٹنگ بھی نہیں ہوا کرتی تھی ۔ اب چونکہ پی ٹی آئی کے اربوں روپے کے فراڈ کا کٹّا کھلنے والا ہے بلکہ سمجھئے کہ کھل چکا ہے اس لیئے صادق امین اب منہ چھپانے کے لیئے معلومات لیک کرنے کا بہانہ بنا کر راہِ فرار اختیار کر رہے ہیں ۔ اس کیس کے مدعی اکبر ایس بابر پی ٹی آئی کے بانیوں میں سے ایک ہیں اور ایک عرصہ تک عمران خان کی صداقت اور دیانت کے بارے میں کالم لکھتے رہے ہیں ۔
نومبر دو ہزار چودہ سے اس کیس کی پیروی کرتے کرتے حقیقی معنوں میں بابر صاحب کی جوتیاں گھس گئی ہیں ، ان کی ہمت قابلِ داد ہے اور ان کی ہمت کے طفیل ہی اٹھارہ ماہ کے طویل وقفہ کے بعد آج سے الیکشن کمیشن آف پاکستان کا تین رکنی بینچ اس کیس کی باضابطہ سماعت کر رہا ہے،واضع رہے فارن فنڈنگ کے اس کیس میں پی ٹی آئی فنڈ کے نام پر بیرونِ ممالک میں دو آف شور کمپنیاں جو عمران خان کے نام سے رجسٹرڈ ہیں ان کے زریعے پاکستان میں تین ملین ڈالرز کی خطیر رقم پارٹی کے مختلف عہدیداروں اوران کے ملازمین کے نام پر منتقل کی گئی اور یہ تمام پیسہ غیر قانونی طریقے سے پاکستان میں یعنی ہنڈی کے زریعے منتقل ہوا ۔ اب دیکھنا ہے نیو ریاستِ مدینہ کے خلیفہ کہلوانے والے عمران خان سے "صادق" اور "امین" ہونے کا اعزاز کب واپس لیا جاتا ہے ؟
Surprise Surprise! IK has his own Off Shore companies!
Has he gained them via illicit means? Has he previously disclosed them?
At least his education isn't imaginary
Indians burning loool
These people are a bunch of deranged idiots... Now I see we're that deluded idiot pat gets it from.
UAE to invest $5 billion in Pakistan refinery project soon: report
ISLAMABAD: Talks between Pakistan and the United Arab Emirates on an $5 billion oil refinery project have almost completed and the project would be launched by the end of this year, it emerged Friday.
UAE Ambassador Hamad Obaid Ibrahim Salem Al-Zaabi told Aran News that “we are going to launch one of the biggest investments in a refinery project in Hub very soon”.
“It is going to be a $5 billion investment between Mubadala Petroleum Company of Abu Dhabi, Pak Arab Refinery Limited (PARCO) and OMV [OMV Pakistan Exploration Gesellschaft],” the envoy quoted as saying.
Al-Zaabi said the project was the result of extensive discussions between Mubadala Petroleum and Pakistan’s petroleum ministry along with PARCO and OMV.
The project was finalised during Crown Prince Sheikh Mohamed bin Zayed Al Nahyan’s Pakistan visit earlier this year.
The discussion are ongoing on the minute details of the refinery project, the enjoy said adding that a delegation headed by Mubadala Petroleum chief, Musabbeh Al Kaabi, visited Pakistan and met with the chairman of board of investment chairman and petroleum minister.
Up til now we've only heard of things happening.. It's all in words.. No action..
At least complete the brt project fgs.
Why your so called "leaders" had never done something like this ever?
and that's when they didn't have a bankrupt economy to utilise.
The foreign exchange reserves held by the central bank plunged 8.54% on a weekly basis, slipping below the $8-billion mark, according to data released by the State Bank of Pakistan (SBP) on Thursday.
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), Saudi Arabia and other friendly nations helped shore up the foreign exchange reserves.
On September 27, the foreign currency reserves held by the SBP were recorded at $7,741.6 million, down $723.7 million compared with $8,465.3 million in the previous week. The decline in reserves was on account of debt repayments by the government, the SBP added.
Overall, liquid foreign currency reserves, held by the country, including net reserves held by banks other than the SBP, stood at $15,003.7 million. Net reserves held by banks amounted to $7,262.1 million.
Pakistan received the first loan tranche of $991.4 million from the International Monetary Fund (IMF) on July 9, which helped bolster the reserves. Previously, the reserves had jumped on account of $2.5 billion in inflows from China.
Over time, the declining reserves have forced the central bank to let the rupee depreciate massively, 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.
Can someone please explain to me why on earth the folks from business and industry are begging and pleading with the COAS to improve the economic situation and give some breathing space to the business community? why are they not seeing the trade minister, or the treasury minister, or even the PM himself? I mean who is in-charge here? which other country has its businessmen begging and pleading the Army chief for change instead of the govt? Is this even COAS's job? this is now getting beyond ridiculous!
Brace for the coup.
Bajwa is going to get Imran assassinated. Unlike Nawaz, the army cannot get rid of Imran through some corruption charge.
One attempt has already been made through the Saudi airline plane snag.
milion dollar question.
omg who could it be. rumours of a bee farting in Karachi presumed to be assassination attempt organised by establishment. bee food to be wearing green and white stripes rather than customary yellow.
Maryam Nawaz tweets that establishment cannot hide and she has a video of farting bee she will release soon.
brace for the coup. million dollar question. omg.
modi claims all muslim bees will be imprisoned as a precaution.
This is not on PMIK, but, no bueno!
Pakistan faces high risks of money laundering and terror financing and it needs to improve the understanding of these risks that are also emanating from various terrorist groups operating in the country, the final Mutual Evaluation Report of the Asia Pacific Group says.
The APG on Money Laundering released its Mutual Evaluation report 10 days before the Financial Action Task Force’s plenary meeting, which is going to give its decision on Pakistan’s status on its grey list.
After the APG report, chances are high that Pakistan would be retained on the grey list during the FATF plenary meetings from October 13 to 18 in Paris.
And then they bark at Imran Khan for exposing their repulsive actions.
Hasan Nisar bashing PTI...
LOL, copy and paste from PML-N Lahore official page.
I dont believe how people still support and following these Noora's.
Lol clinging onto anything from anywhere lol.
Doesnt matter what anyone says. Imran Khan is the Pm and that is all matters and as long as he is pm, none of their leaders will be spared.
Besides im really amazed at the analysis of these Pakistanis, sometimes it feels as if we were a developed nation and IK turned us into some third world country.
Pakistan would have been in much better position if these guys were this active and critical in previous regimes as well.. but then again i care about myself.. who care for the country
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