VOLUME 14 | N o 337 Regd No. CPI 251 INTERNATIONAL STOCK AND COMMODITIES 6P11 6P09 Macron to hold The meeting on pensions as strike bites An English Daily published simultaneously from Lahore and Iran outlines budget PAGES 12 | R s 20 Buwsww.theibusiness.com.epk sRabis-us-Sani 11 1t4o4 1re sMisotn UdaS ys, aDnecctieomnsber 09, 2019 as oil exports plunge Won't let Govt not to unjust govt remove Maryam’s keep on name from ECL, ruling: Fazl says Faisal By Our Staff Corresspondent ISLAMABAD: Tehreek-e-Insaf (PTI) Senator Faisal Javed Khan has said the PESHAWAR: Jamiat Ulema-e-Islam- government would not remove the name of Fazl (JUI-F) chief Maulana Fazlur Rehman from the Exit Control List said on Sunday that he will not tolerate this (ECL) and would fully implement the court’s 'unjust' government and will not let it keep decision regarding Maryam Nawaz. ruling. The JUI-F chief was speaking at a In fact that the PTI government had always rally when he said that the government's respected the verdicts of the court and also ship was about to sink. struggled for independence of judiciary in the "Inflation has made the lives of Pakista - country, he said talking to a private news nis difficult," he said. "On the one hand the channel. The senator said the incumbent gov - government promised 10 million jobs but ernment had allowed to go two-and-a-half million youngsters had been abroad after grating bail by the court on hu - unemployed." Fazl said that the movement manitarian grounds. that he had started against the government The convict persons had gone to the foreign will achieve its objective. country for medical treatment in the past but "Do not worry, our movement is heading they had not come back to Pakistan, he ob - towards its destination. This government's served. He said Prime Minister ship will sink soon," he said. "Neither do we was determined to wipe out the menace of cor - accept this unjust government nor will we ruption and money laundering by recovering let it rule over us." He lashed out at the gov - the national exchequer from the plunderers ernment over the Peshawar Bus Rapid Tran - and the amount would be utilized for develop - KARACHI: Advisor to the Prime Minister on Commerce, Textile, Industries & Production and Investment, ment of the country. He said the PTI govern - sit (BRT) system and said that it was not Abdul Razak Dawood presides over a meeting regarding ‘Expo 2020’. possible that the people voted for the party ment was effectively working to bring political as they had ruined the city. and economical stability and it would com - "They have turned the entire city upside plete its constitutional tenure. —APP down," he said. "PTI claims it won elections from Peshawar. Why would anyone vote for the party from Peshawar when they've Strategy a foot turned the city upside down," he wondered. Pak believes in strength He said that the incumbent government had sought more loans than any before it in to construct gas one year."They are taking loans from the Asian Development Bank as well," he said. storage facilities The JUI-F chief insisted that money spent on loans by previous governments had been of regional cooperation ISLAMABAD: The government is work - spent on the projects that they had initiated. g ing on a multi-pronged strategy to construct He said that this discovery was made by the PM Imran reiterates Pakistan’s commitment to SAARC process, expresses gas storage facilities, which the country lacks commission formed by the prime minister to for smooth supply of the commodity, espe - probe rival political parties. hope that impediment created in its continuous progression would be removed cially during peak winter and summer sea - —Photo on Back Page sons. Under the strategy, a feasibility study By Our Staff Correspondent to the SAARC process and ex - (PTI) leader Jahangir Tareen has re - party’s bigwigs met in London. had already been started to set up the storage pressed hope that the impediment acted strongly to Opposition’s on - A group of PML-N leaders, who facilities after the experts predicted that the ISLAMABAD: Prime Minister created in its continuous progression going efforts to bring an “in-house landed in London a couple of days gas supply system would expand from exist - Imran Khan, while reiterating com - would be removed. change”, saying the ruling party and ago, held a consultative session ing 5 Billion Cubic Feet to 7 BCF during next Manpower mitment to the Charter of South On the Charter Day, he also felic - Prime Minister Imran Khan are in - presided over by party President two to three years, a senior official privy to Asian Association for Regional Co - itated the other SAARC member separable. to weigh their op - petroleum sector developments told APP. export to operation (SAARC) on Sunday, said states. The prime minister wished “PTI exists because of Imran tions over the legislation for extend - “Currently, we have the system of 5 Billion that Pakistan was a firm believer in the people of South Asia, peace, Khan and the premier cannot be ing the Army Chief’s tenure and Cubic Feet (BCF) gas. The demand will in - Saudia rises by the strength and potential of regional progress and prosperity. eliminated through any minus-one discuss the political situation in the crease to 7 BCF in next two to three years, but cooperation for individual, national He said December 8, marked the formula,” he said while speaking to country. we have no gas storage system, which is a and regional development. day when leaders with vision and the media on Sunday. “Maryam Tareen, during Sunday’s media major problem for us,” he said. 207pc this year “Pakistan further believes that ef - foresight adopted the SAARC Char - Nawaz, on the other hand, is at risk interaction, blamed Pakistan Peoples The official said the gas demand and con - ISLAMABAD: The Ministry of Over - fective and result-oriented regional ter and pledged to work together for of becoming politically redundant,” Party (PPP) co-chairman Asif Ali sumption was increasing with each passing seas and Human Resource De - cooperation can be achieved only by the progress and prosperity of South he added. Zardari and Sharif’s PML-N for the day, which was being met through import of velopment, during first 10 months of the adhering to the cardinal principles of Asia. Tareen said former Prime Minis - country’s financial woes, saying that Liquefied Natural Gas (LNG) and domestic year 2019, has assisted over 258,215 Pak - sovereign equality and mutual re - During the first summit in Dhaka, ter Nawaz Sharif’s sons are in Lon - his party’s government is working production. “So, there is a need of having istanis to proceed for prospec - spect as enshrined in the SAARC on December 8, 1985, the heads of don to take care of their ailing hard to shore up the crippling econ - proper storage facilities that will be estab - tive job opportunities in various sectors. Charter,” the prime minister said in state and government from father, hinting that the government omy. lished in collaboration with China.” According to the data compiled by the a message on 35th SAARC Charter Bangladesh, Pakistan, Sri Lanka, might not allow Maryam to travel The opposition leaders, he main - Accordingly, he said Pakistan had re - Bureau of Emigration and Overseas Em - Day commemorated on Sunday. India, Nepal, Bhutan and Maldives, abroad. tained, are being punished due to quested the Chinese government to incorpo - ployment, the manpower export to Saudi Without referring to India’s atti - had adopted the Charter of SAARC. The statement comes a day after their corrupt practices during their rate this scheme in China Pakistan Economic Arabia had registered a marked increase of tude that has held the group hostage, PTI and PM Imran are PML-N stressed the need for an in- time in power, adding that those fac - Corridor (CPEC) projects. Replying to a ques - over 207 per cent this year as compared to the prime minister inseparable, says Tareen house change of the government be - ing court cases are trying to flee the tion, the official said the overall storage ca - corresponding year of last year when 84,091 reiterated Pakistan’s commitment Senior Pakistan Tehreek-e-Insaf fore holding fresh elections as the country. pacity of Motor Spirit (MS) and High Speed went there. Diesel (HSD) oil had witnessed around 13.07 However, some 176,947 Pakistanis went percent increase during the fiscal year 2018- to the United Arab Emirates (UAE) for dif - 19 as compared to the corresponding year. ferent jobs, exhibiting a nominal growth of The storage capacity for both the MS and only 1.7 percent. The number of Pakistani HSD oil had been increased from 1,712,691 emigrants to Oman had also increased by 5.8 ‘Shehbaz ran money MT to 1,936,550 MT during the period under per cent as 23,998 Pakistanis proceeded to review. The MS oil storage capacity was en - the said country during the 10-month period hanced from 490,408 Metric Ton (MT) to compared to 22,668 in the corresponding pe - 594,299 MT, showing 21.18 percent increase riod of 2018. An official source in the Min - during the period under review. While, the istry told APP that Special Assistant to the laundering network’ g HSD oil storage capacity was expanded from Prime Minister (SAPM) on Overseas Pak - 1,222,283 MT to 1,342,251 MT, projecting istanis and Human Resource Development Shahzad Akbar says Shehbaz inducted his cash boys in a fake company 9.81 percent increase. —Online Sayed Zulfikar Bukhari had held consulta - tions with relevant authorities in multiple Good Nature Trading Company states to augment the number of Pakistani By Our Staff Correspondent of over Rs 7 billion through 200 According to sources, the same panied Salman Shahbaz for the vis - workforce abroad. fake Telegraphic Transfer (TTs). cash boys deposited Rs 25 million to its to London, Dubai and Qatar. Omar clarifies He said Zulfi Bukhari had formally re - ISLAMABAD: Special Assistant A new business empire was es - Salman Shahbaz’s account after According to available docu - quested Saudi authorities to enhance the to the Prime Minister (SAPM) on tablished by utilizing the corruption withdrawing from Good Nature ments, Nisar Gill was however later about circular Pakistani manpower in multi-billion dollars’ Accountability Barrister Shahzad amount through a network of fake Company. sacked by the Punjab caretaker gov - project of New Taif City of the Kingdom. Akbar Sunday while reiterating his TTs, which was totally separate Similarly another amount was ernment along with other officers He said Saudi Arabia had also extended call for Shehbaz Sharif to answer 18 debt an offer for Pakistani manpower’s export from the ’s business of transferred to the bank account of who had been recruited in the CM through ‘Musaned’- a digital platform questions put by the government, . Besides, Nisar Gill, , who transferred Secretariat by relaxing rules by launched by the Kingdom to facilitate labour said the PML-N president had ille - Shahbaz Sharif had also appointed the same to his wife‘s account and Shahbaz Sharif. recruitment process and ensure their rights gally appointed his blue-eyed indi - Ali Ahmed as his front man as Di - utilized the same amount for pur - The cash boys Masroor Anwar protection. The process would take some viduals in the Chief Minister rector Policy CM Punjab for the chasing properties in Johar Town, and Shoaib Qamar had transferred months and after that the Pakistani work - Secretariat for money laundering. similar purpose of money launder - Lahore. The remaining amount was million of rupees into your account force would be sent to Saudi Arabia through In a tweet, the SAPM said She - ing on behalf of Shahbaz family. stashed away through TTs. The after withdrawing the same from the that platform, he added. hbaz Sharif had appointed Nisar Gill Another two characters including whole process was done in papers. account of GNC, the documents re - The official said the ministry was also in as Director Political Affairs in CM Shoaib Qamar and Mansoor Anwar They said Rs 6.8 billion was with - vealed, adding the same cash boys process of linking up its digital portal with Secretariat and also obliged him were also involved in money laun - drawn from Good Nature Com - had transferred billion of rupees into the UAE to set up direct link between its in - with a promotion from backdate be - dering network as cash boys who pany’s account out of which Rs 4.7 the accounts of Hamza and Saman’s tending emigrants and foreign employers. cause he was the key figure to laun - used to deposit money in different billion was injected to another com - account after withdrawing from the The initiative would eventually minimize der billions of rupees abroad in accounts and withdrew Rs 2.1 bil - pany. The control room of the fake accounts of GNC. the middle-man’s role in recruitment connivance with a sophisticated net - lion cash from the account of Good companies was at Chief Minister Shehbaz Sharif and his family had By Our Staff Correspondent process and help the country to train its work laid by the Sharif family. Nature Company. Secretariat. utilized billion of rupee of GNC ac - workforce as per the international markets’ He said Shehbaz Sharif, who Rs 16 million were deposited in Even, in the bank account open - counts to meet his family’s expenses ISLAMABAD: Minister for Energy Omar demand. claims to have not even committed the account of Shahbaz Sharif, who ing form, Nisar Gill had mentioned in the country and abroad and by ap - Ayub Khan Sunday rejected a news item ap - He said the UAE Ministry of Human Re - corruption of even a penny, had also transferred the money to Ms his designation as Advisor on Polit - pointing the owners of GNC in pearing in a section of media about increase sources and Emiratisation had offered its inducted his cash boys in a fake . The same amount ical Affairs and wrote Chief Minis - Chief Minister’s office, Shehbaz in circular debt. labour market’s database access to Pakistan company Good Nature Trading was used for purchasing property in ter Office as his address. Sharif was in fact directly involved The minister, in a tweet said, the gross cir - which would provide up-dated information of Company that had laundered a sum Whispering Pines Villas. Same Nisar Gill had also accom - in laundering the black money. cular debt buildup for first quarter of the fis - cal year 2019-20 was Rs 77 billion. “This number was before subsidy payment (TDS) in the budget,” he said, out of which, Rs 39 billion had been paid from the budget leaving only Rs 38 billion as net addition to circular debt that translated into about Rs 12 7By O1ur S,t0aff Co0rresp0onden t skistalnisl were wodrking iPn Qatar’s vkari - isHe staida moren thani 23s,000 Papkista -roThec SAPeM alseo disdcussede the pdos - tHoe also Qemphasizedt thae neer d for billion a month. ous sectors, he added. nis proceeded Qatar during current sibility of establishing Qatar Visa digital connectivity between the two He said the news item only quoted the ISLAMABAD: Ministry of Over - The official said around 10,000 year, adding the SAPM, in his recent Centres in Lahore and Peshawar so as ministries, which would make the re - month of August prior to subsidy, adding seas Pakistanis and Human Resource Pakistanis proceeded to Qatar for var - visit to Qatar, had requested Qatari to augment Pakistani manpower cruitment mechanism more efficient. “The TDS is the subsidy to ensure that the Development (MoOPHRD) has for - ious job opportunities in 2016 and government to exhaust the present abroad, in addition to protecting their During a meeting with top execu - same tariffs are applied across all electric mally assisted 71,000 skilled and 2017. However, as many as 20,000 quota of 100,000 and underlined the rights, the official added. tives at Qatar Chamber headquarters, DISCOs and to provide deeply discounted semi-skilled workers to go to Qatar for manpower was sent to Qatar during need for hiring more skilled and qual - Sharing details of the visit, he said he said it was revealed that the vol - electricity to the poorest consumers using 300 various job assignments, especially in the last year. ified Pakistani workforce, especially Zulfi Bukhari, during a meeting with ume of bilateral trade between Pak - units and below as well as Agricultural Tube construction sector. “This year, the figure has increased for FIFA 2020 event. the Minister of Labor and Social Af - istan and Qatar had increased from Well subsidy.” Qatar had announced to hire exponentially due to efforts of the Highlighting the government efforts fairs, Yousaf Mohamed-Al-Othman US$1.59 billion (5.8 billion Qatari He said it had been admitted in the news 100,000 Pakistan’s workforce in 2015, Special Assistant to Prime Minister on on diplomatic front, he said Qatar had Fakhroo, highlighted the potential of Riyals) to US$ 2.61 billion (9.5 bil - items that Asian Development Bank had ac - a senior official in the ministry told Overseas Pakistanis (SAPM) Sayed already set up visa facilitation centres the Pakistani workforce and urged to lion Qatari Riyals) during the year knowledged drastic reduction in the circular mediamen. Zulfikar Bukhari on foreign front,” the in different cities to ensure swift pro - expedite the public sector recruitment 2018 that projected 63 per cent debt, and “we are delighted that ADB has ver - At present, as many as 140,000 Pak - official added. cessing of intending emigrants’ visas. in the health and energy sectors. growth compared to 2017. ified the government claims.”