Impact of foreign direct investment on economic growth in Pakistan
[PM addresses two-day concluding ceremony of Annual Technical Conference on Oil and Gas in Islamabad]Prime Minister Shahid Khaqan Abbasi has urged the foreign companies to exploit the vast exploration opportunities in Pakistan as the security situation of the country has changed altogether. The Prime Minister said the presence of 35 exhibitors and around one thousand and five hundred participants in the conference is a heartening opportunity for the experts as well as the industry to share their expertise with one another. After improvement of the law and order, various areas are now open for exploration, which were unsafe in the past. The Prime Minister observed that last four and half years proved to be historic for the energy sector of Pakistan as the country has replenished its reserves by successfully making around 100 discoveries. Shahid Khaqan Abbasi said Pakistan is fast moving towards energy mix exploiting its potential in coal, wind and hydro sectors. The government had been making extensive efforts to address the issue of country's energy shortage. Pakistan has become a growing energy market, consequent to the government's attractive policies which have also been recognized by the world. The Prime Minister hoped foreign firms participating in the conference would avail the opportunities of partnership.
Protest Sit-in at Faizabad Interchange and government's efforts to resolve issue amicablyInterior Minister Ahsan Iqbal has said that "Finality of Prophethood Law" has not only been restored to its original position rather it has been further strengthened. Talking to media in Islamabad on Thursday afternoon, he said that the law was finalized by members of all the political parties. He clarified that it was not prepared by the law ministry and the Law Minister has not the authority to change it on his own. Demand of the protesters about the resignation of the Law Minister is unfair. The government will not surrender before those taking law into their hands. The protestors are damaging the image of the country and supporting the enemies of Pakistan. Those demonstrating sit-in at Faizabad have political motives as they want to exploit the common man on the name of the Prophethood in next general elections. The act of the protesters is tantamount to harm the issue of finality of Prophethood. The protesters want to replicate the Lal Mosque and Model Town-like incidents, but the government is showing restraint to resolve the issue amicably. The government is trying to hold dialogue with the protesters at all levels. The government is also taking measures to ease the movement of the residents of the twin cities. The government can avail the option of operation and clear the space just in three hours, but it does not want bloodshed. To a question, the interior minister said all the state institutions are on the same page on the issue of sit-in.
Counter-terrorism achievements of Pakistan – Major Ishaq Shaheed laid to rest with full military honourFuneral prayers of Major Ishaq Shaheed were offered at the Ayub Stadium in Lahore today. Punjab Chief Minister Muhammad Shahbaz Sharif, Corps Commander Lahore, Lieutenant General Amir Riaz, Railways Minister Khawaja Saad Rafique, senior military and civil officials and other personalities attended the funeral prayers. A large number of people belonging to different segments of society also participated in the funeral prayers. Major Ishaq, 27, a resident of Khushab district, lost his life during an exchange of fire with terrorists in Dera Ismail Khan District of Khyber Pakhtunkhwa. According to ISPR, 28-years old Major Ishaq, a resident of Khushab district of Punjab, has left behind a widow and a year old son. On Wednesday his funeral was attended by Chief of the Army Staff and other officials, according to the military. Commenting on the martyrdom of the officer, military spokesman Major General Asif Ghafoor had tweeted "the price we are paying in love for our motherland. Your sacrifices shall neither go in vain nor shall these be compromised."
Army Chief Launches 'Khushhal Balochistan' Project in QuettaChief of Army Staff General Qamar Javed Bajwa visited Southern Command Headquarters in Quetta today in connection with execution of 'Khush Hal Balochistan' initiative. The army chief and Chief Minister Balochistan were briefed about socio-economic and security environment and plan for execution of 'Khush Hal Balochistan'. Provincial administration and military commanders were also present. Plan was discussed in details. Few aspects required further deliberation at staff level which will be finalized accordingly in next few days. All aspects in security domain were approved by the army chief. General Bajwa said that Army shall provide full support to Federal and Provincial governments for success of KHB program. He said that the program in fact is 'Khush Hal Balochistan- Khush Hal Pakistan'. Chief Minister Balochistan appropriated contributions of Security apparatus for improving stability in the Province and support for execution of KHB plan. Earlier, upon arrival, the army chief was received by Commander Southern Command Lieutenant General Asim Saleem Bajwa.
Federal Cabinet approves MoUs submitted by different MinistriesThe Federal Cabinet has accorded approval number of Memorandum of Understandings submitted by different Ministries. These decisions were taken during its meeting held in Islamabad today with Prime Minister Shahid Khaqan Abbasi in the chair. According to detail, the meeting approved MoUs on Bilateral Political Consultations with Denmark and Slovak Republic submitted by Ministry of Foreign Affairs. Memorandum of Understanding of National School of Public Policy Sri Lanka Institute of Development Administration and the United Nations Economic and Social Commission for Asia. The Cabinet approved the appointments of Murtaza Khan as Financial Advisor in Pakistan Ordnance Factories Board and Rehmatullah as Member NEPRA from Balochistan. Appointments of Nasim A. Virk as Judge Special Court (Central), Faisalabad, appointment of Nasir Hussain, District and Sessions Judge as Judge Banking Court, Bahawalpur and Naveed Ahmad, District and Sessions Judge as Judge Banking Court-II, Gujranwala were also approved by the Federal Cabinet. Ex-Post Facto approval was accorded during the meeting for the Acceptance of Awards "King Abdul Aziz Medal of Excellence" and "Honorary Award of Malaysian Armed Forces Order of Valour-gallant Commander of Malaysian Armed Forces, First Degree" Medal by the Governments of the Kingdom of Saudi Arabia and Malaysia Respectively to Former Chief of the Naval Staff Admiral (Rtd.) Muhammad Zakaullah. Ex-Post Facto approval was accorded for the Acceptance of "Star of Merit" to Mr. Zamir Akram, Former Ambassador of Pakistan by the Government of the State of Palestine, Foreign Affairs Division. The Cabinet approved the proposal moved by National Health Services, Regulation and Coordination Division to implement Inter-Ministerial Committee Recommendations regarding enhancement of pictorial health warning on Cigarette Packets. The Cabinet lauded the services of Mr. Nadeem Hassan Asif, former Secretary Cabinet Division who recently retired after rendering meritorious services at the Cabinet Division and other important assignments in the civil service.
Program Host: Shehryar
Co Host: Hamid