Pakistan’s Trade Deficit Decreases by 30% in a Month

The trade deficit narrowed by 30.1 percent on a month-on-month basis from $4.816 billion in December 2021 to $3.362 billion in January 2022, according to the PBS [Pakistan Bureau of Statistics] data.

The country’s exports declined by 7.8 percent on a month-on-month basis and remained $2.546 billion in January 2022 compared to $2.764 billion in December 2021.

According to the data, imports declined by 22 percent on a month-on-month basis and remained $5.908 billion in January 2022 compared to $7.580 billion in December 2021.

As per the PBS monthly summary of the foreign trade statistics for January 2022, the trade deficit widened by 91.9 percent during the first seven months (July-January) of the current fiscal year 2021-22 and reached $28.800 billion compared to $15.002 billion during the same period of 2020-21.

Commenting on the trade numbers, economic analyst, A. A. H. Soomro, told ProPakistani,

[There is a] significant U-turn in the trade deficit. [It is] heading toward normalcy and sustainable growth now. SBP’s actions and PKR depreciation [are] acting as automated stabilizer; [steps are needed] before it could get out of control. Nonetheless, commodity prices are stubborn, and oil does have an upside risk. Don’t unfasten the seat belt yet. It seems to be out of danger zone for now; the PKR should stabilize.

The country’s exports increased by 23.9 percent and remained $17.671 billion in the first seven months of the current fiscal year 2021-22 compared to $14.255 billion during the same period of 2020-21.

The imports increased by 58.8 percent during the first seven months (July-January) of the current fiscal year and stood at $46.47 billion compared to $29.257 billion during the same period of the corresponding year, stated the PBS.

According to PBS, the country’s trade deficit widened by 26.4 percent on a year-on-year basis jumping from $2.658 billion in January 2021 to $3.362 billion in January 2022.

The imports registered an increase of 23 percent on a year-on-year basis and jumped from $4.803 billion in January 2021 to $5.908 billion in January 2022. The exports registered an 18.6 percent growth on a year-on-year basis and increased from $2.145 billion in January 2021 to $2.546 billion in January 2022.

Source: Pro Pakistani

Govt taking steps to check theft of electricity: PM

Prime Minister Imran Khan says government is taking steps to reduce line losses and check theft of electricity in the country.

Chairing a meeting on issues related to Peshawar Electric Supply Company in Islamabad today [Wednesday], he said it is responsibility of government institutions to provide utmost facilitation to the people and redress their complaints on priority basis.

Taking notice of complaints of parliamentarians from Khyber Pakhtunkhwa PESCO, the Prime Minister said the government is taking measures to improve transmission system of electricity in the province, he said government is ensuring meritocracy and transparency in appointments in state organizations.

The Prime Minister was briefed about the power load shedding and monitoring system, steps taken to curb power theft and its prevention, and the shortage of manpower and new appointments in PESCO.

The meeting was informed that in order to reduce line losses in PESCO, the government has prepared a comprehensive plan to improve the power transmission system, after which the supply of electricity required to meet the demand can be ensured.

The Prime Minister directed to complete the ongoing steps in a timely manner and to enhance cooperation between the federal and provincial governments and institutions for resolving issues.

Source: Radio Pakistan

Baluch Separatists Assault Pakistan Army Bases

Pakistan’s military said Wednesday that “terrorists” had assaulted two of its bases in southwestern Baluchistan province, killing at least one soldier and four assailants in the ensuing gun battles.

A separatist militant group, known as Baluch Liberation Army (BLA), took responsibility for staging the coordinated late-evening raids against the paramilitary forces’ camps in remote Panjgur and Nushki districts.

“Both attacks have been successfully repulsed while inflicting heavy casualties to terrorists,” the army’s media wing said, noting the shootout in Nushki injured one military officer and intermittent firing was continuing there. The army shared no further details.

The BLA claimed that its so-called suicide squad stormed the two camps and inflicted heavy casualties on Pakistani military forces. The authenticity of the militant claim could not immediately be verified from independent sources.

Wednesday’s militant attacks came a week after dozens of heavily armed separatists linked to another outlawed separatist group, known as Baluchistan Liberation Front, assaulted a military post in the province’s Kech district.

That attack killed 10 Pakistani soldiers while one attacker was killed in retaliatory fire and the rest managed to escape, according to officials. Two days after the deadly insurgent raid, a bomb attack in another district killed three paramilitary forces and wounded eight others.

Baluchistan, rich with natural gas and minerals, has for years experienced insurgent attacks, but the violence has surged dramatically in recent weeks.

Pakistani officials allege Baluch insurgents receive support and funding from rival India, charges Indian officials deny. Baluch militants are believed to have established bases in neighboring Iran for mounting attacks in Baluchistan.

China has invested billions of dollars in infrastructure projects in the province and elsewhere in Pakistan as part of Beijing’s global Belt and Road Initiative.

Officials in both countries say the uptick in militant violence is aimed at undermining the multibillion-dollar megaproject known as the China Pakistan Economic Corridor or CPEC, which is building roads, power projects and ports in the South Asian nation.

The corridor aims to link the Chinese-operated Pakistani deep-water Arabian Sea Gwadar port to China’s landlocked western Xinjiang border region.

The stepped-up separatist violence comes as the outlawed Pakistani Taliban, known as the Tehrik-i-Taliban Pakistan, or TTP, have also intensified attacks across the country, mainly targeting security forces.

Source: Voice of America

Experts Urge US to Update Its Central Asia Strategy

U.S. experts agree on the need for Washington to rethink its strategy for Central Asia in light of its withdrawal from Afghanistan but are divided on what shape that new strategy should take.

Until 2001, few Americans knew this remote region. But it played a key role in U.S. military operations in Afghanistan, with Uzbekistan and Kyrgyzstan hosting air bases and helping the coalition transport critical goods.

U.S. Deputy Assistant Secretary of State Lesslie Viguerie said Central Asia is still strategically important, despite the U.S. exit from Afghanistan. “Many things have changed over decades, but our overarching goals remain the same: sovereignty, independence and territorial integrity,” Viguerie said.

At a recent U.S. Institute of Peace forum, Viguerie said the nations of Central Asia— which include Kazakhstan, Tajikistan and Turkmenistan — have become more concerned about their own security since the fall of Kabul to the Taliban.

As the State Department’s top official for the region, he said Washington steadfastly supports political, economic and social reforms.

“Pluralism and democratic governance are the foundational bedrock for a free and prosperous society,” he said. “We continue to advance the rule of law, promote respect for human rights and fundamental freedoms, and fight corruption.”

In 2015, Washington created the regionally focused C5+1 forum to discuss common challenges and “to enhance connectivity, economic integration and energy linkages.” That discussion included links with Afghanistan, but whether that continues will largely depend on the actions of the Taliban, officials said.

Viguerie said regional cooperation could help the five nations to deal more effectively with problems as diverse as the pandemic, climate change and disinformation campaigns.

“Recent events in Kazakhstan remind us of the importance of addressing the underlying social and economic factors that can lead to instability,” he said in reference to nationwide protests sparked by a sharp spike in fuel prices.

“We continue to highlight the positive role civil society can play in examining the root causes of economic and social frustrations.”

Mistaken presumption

Richard Hoagland, a former U.S. ambassador to Kazakhstan and Tajikistan, said that while Washington speaks publicly about democracy and economic development, it is more quietly focused on countering Russian and Chinese influence in the region.

In the 1990s, Hoagland recalled, U.S. policy presumed that the nations of Central Asia “would surely become free market democracies if only we could offer enough assistance. But they didn’t. And in retrospect, that’s not the least bit surprising.”

The ways of the West were too foreign to Central Asians who had long lived under repressive rulers, Hoagland said.

Going forward, he said, these five countries will need to resist outside pressure in order to balance their relationships with Moscow, Beijing, Brussels and Washington. “Russia would not be at all displeased to see the West and especially the U.S. pack up its bags and go home.”

Beijing, the largest investor in the region, made further commitments during a virtual meeting last week between Chinese leader Xi Jinping and the five Central Asian presidents. India showcased its own interest in investing in the region during a similar summit a day later.

Hoagland argued that U.S. concerns over governance and human rights problems should not lead Washington to dial back its relations with the region.

“We need patience,” he said, noting the rise of a new generation in Central Asia, including some with Western education and values.

Jennifer Murtazashvili, an analyst with the Carnegie Endowment for International Peace, said U.S. strategy for the region does not take current realities into account.

“The U.S. can play a very constructive role in Central Asia but has to understand their needs, desires and goals,” she said at the USIP forum.

She urged Washington not to look at the region through the lens of Russia or China, saying, “We can’t be reactive to what other countries are doing, but proactive.”

Murtazashvili said U.S. engagement with the region should focus on the intersection between economic development and public administration, including efforts to combat corruption and work with emerging civil society. “Without reforms in these areas, it will be difficult for Central Asians to achieve their goals,” she said.

She considers education the biggest area of demand for cooperation with the U.S. because of youthful populations.

Security cooperation first

But Fred Starr, chairman of the Central Asia-Caucasus Institute, contends that security cooperation should instead be front and center. “A discussion with the countries that honestly includes security, sovereignty, self-government and self-determination is what’s been missing,” he said.

Speaking at the same virtual forum, Starr said Central Asia is the only region in the world that doesn’t have its own intraregional organization without outsiders and urges Washington to support such initiatives.

“The C5+1 is thin. The concept is good, they have meetings, but it’s been very passive by comparison to what China and Russia are doing,” Starr said.

“We have to be more patient and tenacious with those who are underperforming in areas that are important to us,” he added. “Treat them as a region, treat them with respect, foster a regional thinking in our programs.”

Murtazashvili sees Afghanistan as a place with potential to foster positive relationships among Russia, China and the United States. Now that the geopolitical implications of a major foreign presence in Afghanistan no longer overshadow more immediate regional interests, she said, major powers could collaborate on development and investment opportunities in this part of the world.

“Having a Central Asian strategy that was so dependent on what happened in Afghanistan was a huge risk,” she said. “We weren’t seeing the strong mutual interests that many countries in Central Asia had with Afghanistan regardless of who is in power.”

Starr and Murtazashvili recommend the United States make Afghanistan part of a renewed strategy. “Central Asians are more confident in dealing with Afghanistan than we are,” said Murtazashvili, specifically referring to Uzbekistan’s humanitarian efforts in Afghanistan.

Values-based approach

Steve Swerdlow, professor of human rights at the University of Southern California, argues for a values-first strategy toward the region. In an interview with VOA, he said America’s reputation as a defender of human rights and democracy has been damaged in recent years but argued that the Afghan withdrawal frees up the U.S. to reclaim a more values-based approach to Central Asia.

“Washington should speak out more about the harassment of journalists and create greater recognition that support for civil society is a core national interest of the U.S.,” he said.

“Global Magnitsky sanctions against bad guys should be used more in Central Asia in a strategic way,” he added. “Go after corrupt individuals; curtail some of the globalized, offshore asset holdings by” a close circle of former Kazakh President Nursultan Nazarbayev.

Swerdlow said Washington should utilize the Organization for Security and Cooperation in Europe and the United Nations to raise human rights issues in Central Asia and negotiate with Uzbekistan and Kazakhstan as members of the U.N. Human Rights Council about their obligations.

Source: Voice of America

CM Sindh forms committee to implement LG laws agreed with opposition

Sindh Cabinet has reviewed the progress in local government law and decided to implement the points agreed on with political parties in letter and spirit.

Chairing a meeting in Karachi today [Wednesday], Sindh Chief Minister Syed Murad Ali Shah constituted a five member ministerial committee to enforce the points agreed on with talks in political parties.

Speaking on the occasion, Murad Ali Shah said that points agreed by local bodies minister Syed Nasir Shah in talks with political parties will be implemented.

The meeting also accorded approval of third party open bidding for recruitments on 2113 vacant posts from grade-5 to 15 in prison department.

The party will be selected through open bidding that will conduct test of candidates for recruitments.

Source: Radio Pakistan

37 elected LG reps from Bannu join PTI

A total of thirty-seven newly elected representatives from Bannu, who won during the first phase of local bodies elections have joined Pakistan Tehreek e Insaf.

According to report, the elected representatives called on Chief Minister Khyber Pakhtunkhwa Mahmood Khan in Peshawar and announced their joining of the party.

Chief Minister Mahmood Khan welcomed them for joining PTI.

Mahmood Khan termed the joining of a large number of newly elected local body representatives as public confidence in the government.

Source: Radio Pakistan

PCB Suspends Umpire Faisal Afridi for Breaching PSL’s Bio-Bubble

Faisal Khan Afridi of the PCB Elite Panel of Umpires has been suspended for five Pakistan Super League 2022 matches and fined 50 percent of his match fee for breaching the event’s health and safety protocols.

Faisal will now complete his isolation period in the hotel before being allowed to travel to Lahore for the Lahore-leg matches, which will commence on 10 February.

Tournament Director Salman Naseer said, “The PCB had announced it will follow a zero-tolerance approach towards any health and safety breaches. This decision demonstrates our resolve and commitment to deliver a successful event in which all participants remain secure so that they continue to be available to their sides and entertain millions of fans following this event worldwide.”

Faisal Khan Afridi had pleaded guilty to the charge and offered his regrets.

The decision was made by the PCB COVID-19 Committee, which also included Usman Wahla apart from Salman Naseer. While making the decision, the panel took into consideration all facts of the incident.

Source: Pro Pakistani

Peshawar nominated for sustainable transport award 2022: Farrukh

Minister of State for Information and Broadcasting, Farrukh Habib says inclusion of Bus Rapid Transport Peshawar among three major cities in the world as best Transport service is a major achievement.

In a tweet, he said Peshawar has been nominated for the 2022 Sustainable Transport Award for its state-of-the-art rapid bus service.

The awards ceremony will be held on 9th of this month in Washington DC.

Source: Radio Pakistan