Ministers for Emergency Steps Against Rising Inflation
Total Page：16
File Type：pdf, Size：1020Kb
Sufficient stock of the commodity is present in the country to meet requirements of the people, however public and private sectors are allowed to import wheat, which has arrived in the country and more is coming in The Asian Telegraph Federal Information Minister www.theasiantelegraph.net Wednesday, October 14, 2020| Vol: XI, Issue: 169 ABC CERTIFIED /asian_telegraph Shibli Faraz /asian_telegraph w us /theasiantelegraph /asian_telegraph w us /theasiantelegraph /company/theasiantelegraph ollo /company/theasiantelegraph F /asian_telegraph/asian_telegraph w us /theasianteleg/theasiantelegraphraph /company/theasiantelegraph .theasianteleg.theasiantelegraph.netraph.net Price Rs 8| Pages 4 ollo F w us /theasiantelegraph /company/theasiantelegraph .theasiantelegraph.net ollo /company/theasiantelegraph F .theasiantelegraph.net ollo F British.theasianteleg HC callsraph.net on FM Federal Cabinet Meeting Pharma exports Pak, UK enjoy increase record longstanding ties: Ministers for emergency steps against rising inflation Qureshi 10.27pc Prime Minister Khan okays measures to control rising commodities’ prices ISLAMABAD ISLAMABAD Pharmaceutical products Foreign Minister Shah Mahmood Qureshi exports during first two months has said Pakistan is desirous to further of current fiscal year grew by promote trade partnership with the 10.27 per cent as compared to UK. He was talking to the British High the exports of the corresponding Commissioner Dr Christian Turner in period of last year. During the Islamabad on Tuesday. Shah Mahmood period from July-August, Leather Qureshi said Pakistan and Britain enjoy Manufactures worth US $ 41,197 deep and longstanding bilateral relations. thousand were exported as Alluding to the Indian atrocities in illegally compared to the exports of occupied Jammu and Kashmir, the Foreign US $ 37,360 thousand of same Minister urged the international community period of last year.According the to play its role for the resolution of Kashmir data released by the Pakistan dispute as per the UN Security Council Bureau of Statistics, the exports resolutions.The British High Commissioner of Electric Fans increased by commended Pakistan s conciliatory 12.07 per cent, Electric Fans efforts for peace in Afghanistan. He was valuing US $ 5,663 thousand also appreciative of Pakistan s strategy exported as compared to worth against Covid-19. The two sides also held US $ 5,053 thousand of same discussion for promotion of cooperation in period of last year. Meanwhile, the areas of climate change, education and Engineering goods worth US tourism.A day earlier, Foreign Minister said $ 29,060 thousand were also with Pakistan’s forceful counter-narrative exported in current financial building, the world and international media year as compared to the exports did not blindly believe India’s blatant lies of valuing US $ 27,936 thousand on resumption of normalcy in Jammu and of same period of last year. Kashmir, following its illegal act of revoking During the period under review, the Valley’s special status last August. Transport Equipment exports On recent improvement in relations with of the country also recorded Afghanistan, he said the previous wrong positive growth of 27.82 percent. perception about Pakistan faded away as a Transport equipment worth US $ clear counter-narrative was adopted by the ISLAMABAD 1,098 thousand was exported as over measures taken by the public and pri- demanded emergency measures against the compared to the exports of US $ latter. The Foreign Minister said pursuing Prime Minister Imran Khan on Tuesday ap- vate sector to import wheat in the country. rise in inflation.According to sources, the an independent foreign policy was a dream, proved proposed measures aimed at con- 859 thousand of same period of Speaking during the meeting, the premier Prime Minister assured the ministers of ur- last year.VoM without securing economic stability and trolling rising prices of basic commodities’ said that they would take all-out measures gent measures to reduce inflation and said food security. He mentioned that Pakistan in the country. The meeting headed by the to ensure a reduction in prices of essential that the government would soon start im- followed a security-centric approach on prime minister mulled over measures to re- commodity items. It is pertinent to mention plementing the action plan. All government foreign policy since its establishment seven duces prices of wheat, sugar, and other es- here that Prime Minister (PM) Imran Khan machinery will be mobilized to provide re- decades earlier, however stressed that sential commodity items. The meeting was on Monday said that his government will use lief to the common man. Cabinet members overcoming the economic vulnerability attended by members of the economic team, all the resources at disposal of the state to said provincial governments and district was equally important to avoid shackles of federal ministers, Governor State Bank of bring down skyrocketing prices of essential administrations must ensure the availabil- International Monetary Fund (IMF)VoM Pakistan (SBP), and provincial chief secre- food items in the country.According to the ity of goods.Imran Khan said that now our taries.Imran Khan approved the proposed details, the government has decided to use entire focus will be on controlling inflation. measures for bringing down the prices dur- all resources against inflation in the country. I am monitoring the whole situation myself, ing the meeting besides also directing strict PM Imran Khan has decided to once again let s see what the mafia does now.During the action against hoarders and those jacking up use the services of volunteers of Tiger Force meeting, Sheikh Rashid apprised the cabinet prices unnecessarily.During the first phase for the identification of hoarders and con- of the concern and said that flour could be- of the meeting, the situation pertaining to sultations with Special Assistant to Prime come more expensive in November-Decem- the availability and price of wheat in Paki- Minister on Youth Affairs (SAPM) Usman ber. Expressing his concerns, he said that it stan was mulled over besides also discuss- Dar have been completed. Earlier, in a meet- should be explained why drugs became ex- ing the province-wise need of the basic food ing of the Federal Cabinet chaired by Prime pensive. He said that people complain to us commodity.The prime minister was briefed Minister Imran Khan, the ministers have because medicines are expensive. VoM Every street must be Kashmir forum: AJK China’s foreign trade hits record high President Imports, exports surge as lion yuan, up 0.7 percent year on year, re- firms to mitigate the impact of COVID-19 on ISLAMABAD had played an important role in liberating this territory versing declines reported in the first two foreign trade. The customs clearance time The Azad Jammu and Kashmir President Sardar along with the people of the adjoining district of Poonch. global economy reopens quarters when the country’s foreign trade was reduced for the fifth consecutive month Masood Khan has warned that if the Kashmir libera- He said that we would have to give up holding limited Bureau Report was weighed down by the COVID-19 pan- in September, Li said. The country has also tion movement is not turned into a mass campaign, gatherings, tiny conferences and seminars, and would BEIJING demic.The rebound came despite the rise introduced incentives for cross-border e- Kashmiris would lose their homeland in the next two have to come out of our homes to turn every street and China’s foreign trade has emerged from of protectionism and unilateralism this year commerce and other forms of innovative years. “India is poised to eliminate the state of Kashmir, square into a political platform to raise our voice against the woes of the COVID-19 pandemic and amid the spread of the pandemic, Li said, trade to support sustained trade growth, he and it has brought 1.8 million Indian troops to settle the Indian oppression and the rights of our brethren registered strong growth in the third quar- adding that the country’s trade structure said.As China further implements pro-trade them in occupied Kashmir with the motive to deprive of Indian occupied Kashmir. “This will go a long way ter (Q3), thanks to a string of government also improved during the period. General policies and pushes a new development pat- the Kashmiri people of their identity and culture and to capture the world attention, and the United Nations support policies. The country’s foreign trade, involving longer production chains tern, the country is likely to see upward mo- turn them into a minority in their own homeland,” he as- and compel to implement its resolutions on Kashmir,” trade of goods increased 7.5 percent year- and better reflecting the country’s manufac- mentum in the economy and foreign trade, serted.Addressing right to self-determination conference he stressed, and added that our campaign must not re- on-year to 8.88 trillion yuan (1.32 trillion turing strength, edged up 2.1 percent dur- Li said. The strong trade performance sug- outside the residence of former Amir of Jamaat Islami main restricted to our own cities and town, but it will U.S. dollars) in Q3, hitting a historic quar- ing the nine-month period, taking a larger gests Chinese exporters are making a brisk Azad Kashmir Abdur Rashid Turabi at Chattar in Bagh, have to be expanded to every capital and every city of terly high, with exports jumping 10.2 per- share of the total trade of goods, he said.