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Date:17.05.2017

Prime Minister says Pakistan is making sustainable economic growth and has emerged as a secure and attractive country for investment.

 

Finance Minister has said well-being of the general public in the upcoming budget is top priority of the government.

 

The country's electricity generation reached new record high of 17,720 MW today.

 

A strong protest has been lodged with Afghanistan over detention of two Pakistani diplomatic officials by Afghan security agencies in Kabul.

 

Pakistan today registered a protest with UN Military Observers over Indian forces unprovoked ceasefire violations and targeting of civilian population at LoC.

 

In Occupied Kashmir, over one hundred people, including girls, were injured when Indian forces used brute force in Shopian district today.

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NAWAZ:

Prime Minister Muhammad Nawaz Sharif says Pakistan is making sustainable economic growth and emerging as a secure and attractive country for investment.   

 

He was speaking at "One Belt One Road - Pakistan Investment Forum" in Hong Kong today.

 

The Prime Minister invited businessmen of Hong Kong to invest in Pakistan and take advantage of its strategic location, rich human and material resources, political stability and attractive investment policy.

 

He said Pakistan with its sixth largest population in the world, 80 million-strong middle class and attractive investment environment is a destination for investors.

 

 

PM-CARRIE:

Prime Minister Muhammad Nawaz Sharif met with the Chief Executive-elect of Hong Kong Carrie Lam and discussed means to take full advantage of the potential of Pakistan and Hong Kong.

 

The Prime Minister congratulated Carrie Lam on her overwhelming victory in the elections of the Chief Executive of Hong Kong.

 

They discussed matters related to bilateral investment and education sector including increasing number of scholarships for students in Hong Kong universities.

 

DAR-BUDGET:

Finance Minister Ishaq Dar has said well-being of the general public in the upcoming budget is top priority of the government.

     

Chairing a meeting in Islamabad today regarding budget preparations, he said next year's financial measures will be focused on employment generation and achieving higher, sustainable and inclusive economic growth.

   

The Minister said budget is being prepared after extensive consultations with all stakeholders including business community, traders and chambers of commerce and industries.       

 

AHSAN:

Planning Minister Ahsan Iqbal says Pakistan has bright prospects of economic growth in years to come.

 

He was chairing "Annual Plan Coordination Committee" meeting in Islamabad today.

 

He said the government is focusing on generating more revenue by broadening tax base, simplifying the tax procedure and strengthening tax administration.

 

Ahsan Iqbal said over five percent GDP growth rate is expected during the current financial year.

 

 

POWER:

The country's electricity generation touched new record high at 17720MW today at 3:00 pm. 

 

According to spokesperson of Ministry of Water and Power, the highest generation recorded last year was 17430 megawatt.

 

He said, the hydel component contributed 5240 megawatt, GENCOs 2901 megawatt while IPPs produced 9579 megawatt.

 

Minister for Water and Power Khawaja Muhammad Asif  has congratulated the nation over this achievement and reiterated the government's resolve to take every step to enhance production of  electricity.

 

He said that addition of more power will further help in bridging the gap between demand and supply.

 

ECONOMY:

The government has increased spending on public sector development from 348 billion rupees in 2013 to 800 billion rupees in 2017, which has cast positive impact on national economy.

 

Sources in Finance Division said, a number of massive infrastructure, power and other projects have been initiated which are instrumental in attracting private sector investment.

     

The sources said the inflation rate has been kept under control due to effective monetary and fiscal policies.

 

 

 

ANF:

Anti Narcotics Force has recovered over five hundred Kg narcotics worth over 698 million rupees in international market, during thirty-four countrywide operations.

 

It also apprehended 42 persons involved in narcotics smuggling and seized 13 vehicles.

 

 

RABBANI:

Senate Chairman Mian Raza Rabbani has underscored the need for evolving a comprehensive narrative to effectively combat the menace of terrorism.

 

Talking to newsmen at National Institute of Management in Peshawar, he said the people will have to rise above political affiliations and wage a united struggle for eliminating terrorism from the country.

 

Mian Raza Rabbani said terrorism is a global issue and close coordination among regional countries is imperative to get rid of the scourge.

               

The Senate chairman called for increasing powers of the upper house of the parliament as it provides equal representation to all the provinces.

 

He said FATA reforms package should be implemented as per the aspirations of tribal people.

 

 

 

PAK-US:

US Congressman and Member of the House Foreign Relations and Arms Services Committees Thomas Suozzi met Pakistan's Ambassador to the United States Aizaz Chaudhry in Washington today.

 

The Ambassador briefed him on Pakistan's success in the security arena and the economic turnaround.

 

Congressman agreed that Pakistan's achievements in security domain should be acknowledged.

 

Reflecting on the regional situation, Thomas Suozzi said the US can play a role in the resolution of the Kashmir issue.

 

 

 

FO:

The Foreign Office today summoned Afghan Deputy Head of Mission and lodged a strong protest over the incident in which two Pakistanis diplomatic officials in Kabul were detained by Afghan security agencies.

   

The Afghan  Afghan Deputy Head was conveyed that the incident was a clear violation of the Vienna Convention of Diplomatic Relations and against the spirit of the brotherly relations between the two countries.

 

It was emphasized that such incidents undermined the constructive engagement which the two countries envisaged for strengthening of bilateral ties.

   

The Foreign Office urged the Afghan government to take immediate steps to ensure the security and safety of Pakistani diplomatic personnel.  

 

ISPR:

United Nations Military Observers were invited to the Army Headquarters in Rawalpindi today to register a protest over unprovoked ceasefire violations and targeting of civilian population by Indian forces. 

  

According to ISPR, Indian Army used small arms, automatic and heavy caliber weapons, heavy mortar and feld artillery in Sabzkot, Baroh, Tandar, Khuiratta, Kot Koterra and Karela Sectors to target Pakistani villages resulting in martyrdom of a civilian and injured fifteen thers including women and children.

  

UN Military Observers were also apprised with latest situation along the Line of Control.

 

 

 

ICJ:

The International Court of Justice will announce its verdict in Indian spy Kalbhushan Yadav case tomorrow.

 

 

KASHMIR:

In occupied Kashmir, over one hundred people including girls were injured when Indian forces used brute force during a massive siege and search operation in Shopian district today.

 

According to Kashmir Media Service, Indian troops cordoned off the Heff Shirmal area, barged into the houses, and thrashed residents.

 

People took to the streets in the area and staged forceful demonstrations.

 

Indian troops fired bullets and pellets to disperse the protesters injuring dozens of  people.

 

                               

 

PCB:

Pakistan Cricket Board today suspended cricketer, Muhammad Nawaz for two months after he was found guilty for not informing the PCB vigilance and security department  after he was approached by the bookies.

 

A spokesman of Pakistan Cricket Board said a fine of two hundred thousand rupees has also been imposed on him.

 

 

WEATHER:

 

Mainly hot and dry weather is expected in most parts of the country during the next twelve hours.

 

However, rain-thunderstorm with gusty winds is expected at isolated places in Malakand, Hazara, Rawalpindi, Gujranwala, Lahore divisions, Islamabad, Kashmir and Gilgit-Baltistan.

 

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