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20 KP MPs remain absent from the meeting chaired by PM Imran Khan: source | Instant News



Twenty PTI lawmakers from the Khyber Pakhtunkhwa assembly remain absent from the meeting chaired by PM Imran Khan on Monday, according to sources.

The prime minister visited the city today after PTI ran into disruption in the recently held Nowshera by-election, in which the PML-N candidate won from the PTI camp.

Reports emerged that PTI lost the election due to internal party divisions as Defense Minister Pervez Khattak’s brother was reportedly irritated by the party leadership after his son was denied a ticket to take part in the election.

A resolution supporting the party’s Senate candidate was passed by consensus during the meeting, said Special Assistant to the Chief Information Minister, Kamran Bangash.

He said that the prime minister was briefed in detail about the party’s recent defeat in Nowshera’s by-election, claiming that the PML-N had adopted “modern methods” to rig the elections.

“There is a 6,000-7,000 difference in forms 45 and 46,” Bangash said, adding that the PML-N had brought in experts to rig the vote.

He said that the prime minister had been informed that his party intended to move Pakistan’s Election Commission (ECP) over the election results, adding that PTI would disqualify the winning candidate, Ikhtiyar Wali.

“We will never allow the people’s trust to be stolen,” he said.

Sources confirmed that 20 lawmakers – 14 MNA and six MPA – remained absent from the meeting chaired by the prime minister.

MPs did not attend the meeting due to busyness and various other reasons, said the source.

During the meeting, the prime minister emphatically told lawmakers that anyone who wants to sell his vote in the upcoming Senate elections must leave the party.

“Everyone knows about the MPA selling its vote,” he said.

The prime minister spoke about previous Senate elections, saying that some party MPAs later sold their votes for money, adding that he had removed them from the party after learning about it.

“The opposition is afraid that PTI will get a majority in the Senate,” he was quoted as saying by the source.

The prime minister recalled during the meeting that his party had always campaigned for transparent elections, adding that the government, in the same spirit, was supporting the call for an open vote in the Senate elections.

Speaking about the Daska by-election, the prime minister reportedly said that the PTI candidate should request a recall for the polling station at NA-75.

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Karachi’s temperatures are likely to remain low in the coming days, said PMD | Instant News


Quaid-e-Azam Tomb in Karachi. Photo: Files
  • The temperature in a metropolitan city is likely to remain low
  • The maximum temperature may remain below 30 ° C, according to a PMD spokesman
  • The minimum temperature in the port city was recorded at 15.5 ° C today

KARACHI: Due to the influence of the western system in the northern part of the country, temperatures in the metropolitan city are likely to remain low, Pakistan’s Meteorological Department (PMD) said on Monday.

The maximum temperature may remain below 30 ° C, according to a PMD spokesman.

Also, the days may be less warm than usual.

The weather department also informed that the minimum temperature in the port city was recorded at 15.5 ° C today, while a humidity of 34% was recorded in the air and a gentle breeze was blowing from the northeast.

Due to fog, visibility is up to 4 km near the airport in Karachi, the Met office added.

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The rupee is likely to remain range bound | Instant News


KARACHI: The rupee is expected to remain range bound against the dollar next week on the back of weak demand for a hard currency, while increased inflows also provide support to the local unit, dealers said.

“We expect the rupee to trade in a fixed range of 160 to 160.50 per dollar on the interbank market in the coming sessions,” said a currency dealer.

The $ 10 million raised by the Asian Development Bank (ADB) in its second edition of Pakistan’s local currency Karakoram bonds from foreign investors aided positive sentiment on the foreign exchange market, dealers said.

The rupee rose 0.43 percent, or 70 paisas, against the dollar in the following week. It had closed at 160.10 on Friday.

The domestic currency managed to post moderate gains due to strong remittances from Pakistani workers overseas, healthy exports and a current account surplus.

Remittances rose 24.9 percent to $ 14.2 billion in the first six months of the current fiscal year, and in December $ 2.4 billion was received.

ADB has supported a new five-year country partnership strategy to lend an estimated $ 10 billion to Pakistan over five years.

The World Bank also said it supports the country’s priority development goals under a loan program of around $ 12 billion starting from the next fiscal year.

Analysts say the rupee looks likely to hold steady in the near term, but the future direction of the rupee will lean towards a historic depreciation of around 6 percent in the long term.

In the short to medium term, traders will continue to monitor the Real Effective Exchange Rate (REER).

The last three REER values ​​for August, September, and October are 91.79, 94.12, and 97.11, respectively.

With this trend line, sooner or later REER will surpass the magic number 100, which, in turn, can hit the rupee.

Of course, this oversimplifies more complex matters but provides traders with multiple markers to monitor currency direction.

The government intends to issue Sukuk Ijara on the domestic and international markets to raise funds for budget financing and promote the Islamic banking industry.

The State Bank of Pakistan, in its monetary policy announced last week, said the continued improvement in its current account position and improving sentiment led to a mild appreciation of the rupee since its last meeting and further strengthened the external buffer.

SBP’s foreign exchange reserves rose to $ 13 billion, the highest level since December 2017. Based on data available so far, the outlook for the external sector is improving and the current account deficit for FY21 is now projected to remain below one percent of gross domestic product, he said.

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Karachi will not remain silent over the controversial census: Mustafa Kamal – Pakistan | Instant News


Published in 23 January 2021 11:45 a.m.

Mustafa Kamal said Karachi’s population is more than thirty million.

KARACHI (Dunya News) – Pak Sarzameen (PSP) Party chairman Syed Mustafa Kamal said Saturday that Karachi will not remain silent over the controversial census and struggle at every level if the statistics are not improved.

Mustafa Kamal spoke to the media after appearing at the Karachi liability court and said the census could not be declared legal because Karachi’s population is more than thirty million. We are disappointed because the problems of the metropolis have not been resolved, he added.

“The Chief Justice of Pakistan himself said that Karachi’s population is more than 30 million and the National Database and Registration Authority (NADRA) said it had issued 24 million identity cards in the provincial capital.

“Not a single bus has been given to the city in 13 years. We remain tight-lipped as Karachi’s hospitals, universities and industries are demolished and turned into heaps of trash, but history will not forgive us if we don’t voice the issue of the census.

“The federal government is trying to save its allies. The National Accountability Bureau (NAB) did not send a single notification to parties such as the Muttahida Qaumi Movement (MQM). “

On the other hand, the Court of Accountability is conducting a trial in the case of illegal use of Clifton’s land because Mustafa Kamal and other suspects appear before him. The trial was adjourned until January 30 due to the absence of investigating officers and witnesses.

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Many areas of Karachi remained without electricity until Sunday evening | Instant News


After power cuts across the country on Saturday night, parts of Karachi remained without power until Sunday evening as efforts to restore electricity continued.

Electricity cannot be restored to many areas such as Nazimabad, North Nazimabad, North Karachi, Surjani City and parts of the East and South Districts until the night.

The city’s sole electricity supplier, K-Electric (KE), said in a statement that the nationwide power outage due to a national grid blackout was flowing into the KE grid and affected Karachi’s electricity supply as well.

The power company claims that since midnight 12, his team has been working to restore electricity to the city. By evening, according to a KE spokesperson, the electricity supply from the national grid could be continued through the existing connection points with KE.

The power company said its team was ready to handle any customer complaints it received at its 118 call centers.

Meanwhile, Energy Minister Sindh Imtiaz Sheikh said the massive power outage across the country was simply the incapacity of the federal power ministry.

Even after 12 hours, he pointed out in a statement, the federal ministry could not find the right fault. He demanded that the chairman of the National Transmission and Shipping Company (NTDC) be suspended immediately and a questionnaire committee formed to investigate the matter. Sheikh said it was a matter of great concern for state institutions that the whole country fell into darkness just because of one power plant.

He regretted that due to the lack of provincial representation in NTDC, there were no checks and balances. The federal government, he said, was ignoring the need to improve mechanisms for distributing power over two and a half years in office. The only job the federal government is doing is blaming the previous government, said Sindh’s energy minister.

Meanwhile, the Karachi Water and Waste Disposal Agency (KWSB) said that its main water pump station experienced a disruption after the power went out, resulting in the water supply to the city being cut off.

Only small distribution pumping stations, according to a water council spokesman, can run on generators. On Sunday evening, the water board said that with the restoration of electricity, the water supply was resumed to various parts of the city.

KWSB Managing Director Asadullah Khan said that as long as the power goes out, the city cannot receive around 357 million gallons of water. “The water board will take all steps to fill the water supply gap,” he said.

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