Day: March 28, 2022

The signing ceremony of subprogram-II of Capital Market Development Program amounting 300 million dollars between Pakistan and Asian Development Bank was held in Islamabad.

The ceremony was witnessed Minister for Economic Affairs Omar Ayub Khan.

The objective of the program is to strengthen market stability, enhance market facilitation, enhance supply-based measures, and improve demand-based measures for capital market development.

Source: Radio Pakistan

A five member bench of the Supreme Court headed by Chief Justice of Pakistan Justice Umar Ata Bandial has adjourned till tomorrow the hearing of Presidential Reference, seeking interpretation of Article 63-A of the constitution.

Attorney General Khalid Javed Khan today submitted his arguments.

Source: Radio Pakistan

Foreign Minister Shah Mahmood Qureshi says stability in Afghanistan is a critical for prosperity of South Asia and the wider world.

In his remarks at a seminar in Islamabad on Monday, he said Afghanistan must not be seen through a regional prism, but as a shared and collective responsibility.

The Minister said instability in Afghanistan will have negative consequences for the entire world.

He said failure is not an option. If the world community fails Afghanistan yet again, it will result in a fresh influx of refugees, enhanced space for terrorism and a rise in drug trafficking.

The Foreign Minister said if the wheels of the economy remain jammed, the gains can be reversed. We must not allow that to happen again.

He said Pakistan has always advocated consistent engagement with Afghanistan. At this critical juncture, the importance of delinking humanitarian assistance from political considerations cannot be overstated.

Shah Mahmood Qureshi said Pakistan believes that continued engagement between the interim Afghan government and the international community would help ensure a sustainable and prosperous future for Afghanistan.

Source: Radio Pakistan

Minister for Information and Broadcasting Chaudhary Fawad Hussain has said the no confidence motion against Prime Minister Imran Khan is a conspiracy against the people of this country.

Talking to the media persons in Islamabad on Monday, he said a person sitting in London and the international establishment are behind this conspiracy.

He said yesterday’s gathering of PTI in the capital was historic. He said Prime Minister Imran Khan in his address alluded to the international conspiracy and with the passage of time, more details about it will be brought to the fore.

Chaudhary Fawad Hussain said the interpretation of Article 63-A of the constitution is important, hoping the Supreme Court’s verdict in Presidential Reference will put an end to horse trading to strengthen the parliamentary democracy in the country.

In his remarks, Minister for Energy Hammad Azhar said the people gave their verdict against conscience selling yesterday by turning up in large numbers in the PTI’s public gathering.

He said it is the hallmark of the PML (N) to attack the institutions.

Source: Radio Pakistan

Leader of Opposition Shahbaz Sharif tabled a no-confidence resolution against Prime Minister Imran Khan. One hundred and sixty one members of the House voted in favour of the no-confidence resolution.

Just after tabling of the resolution, the Chair announced to hold detailed discussion on the resolution as per rules of business and procedure of the House. He adjourned the House to meet again on Thursday at 4 PM for detailed discussion.

Earlier, Parliamentary Secretary on Finance Makhdoom Zain Hussain Qureshi introduced “The Constitution (26th Amendment) Bill, 2022” in the House.

Source: Radio Pakistan