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PM for enhancing Pak-UK ties 

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UK MP calls on PM Pakistan

ISLAMABAD: Prime Minister Imran Khan on Monday emphasized that Pakistan and the United Kingdom should enhance the existing ties into long-term and multifaceted strategic partnership especially post-Brexit.
The prime minister was talking to Brandon Lewis MP, Chairman of the Conservative Party and Minister who called on him here at the Prime Minister’s Office. He was accompanied by Bestway Group Chairman Sir Anwar Pervez OBE and Chief Executive Officer Zameer Choudrey.
Terming Pakistani diaspora a connecting bridge between the two countries, the prime minister expressed satisfaction that the British Pakistanis were contributing positively to British society. Prime Minister Imran Khan also gave an overview of the regional situation, especially India and Afghanistan. He said Pakistan wanted peaceful relations with all its neighbors and resolve all issues through dialogue.
He also highlighted the grave human rights violations committed by the Indian forces in Indian occupied Kashmir on a daily basis. The prime minister said Pakistan and the UK had a longstanding relationship, based on historical linkages and shared perceptions on a broad range of regional and international issues. Pakistan considered the UK a major trade and investment partner in Europe.
The Chairman of the Conservative Party agreed with the prime minister that irrespective of Brexit, both Pakistan and the UK had great potential to strengthen trade and investment ties. He lauded the leadership of prime minister in handling the post-Pulwama situation.  He reiterated the invitation by British Prime Minister Theresa May to Prime Minister Imran Khan to visit the UK at a mutually convenient date.

 

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Asia

Bears growl at Hong Kong bourse

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Bearish bourse

HONG KONG: Shares fell more than one percent Tuesday, hit by concerns over rising  Iran-US tensions and as investors await this week’s crucial trade talks between  Donald Trump and Xi Jinping.
The Hang Seng Index sank 1.15 percent, or 327.02 points, to 28,185.98. The benchmark Shanghai Composite Index fell 0.87 percent or 26.07 points,
to 2,982.07, while the Shenzhen Composite Index, which tracks stocks on China’s second exchange, lost 0.99 percent, or 15.63 points, to 1,560.46.

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Economy

Asset declaration scheme: No extension to be granted!

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tax amnesty

ISLAMABAD: PM has warned that there would be no extension in the 30th of June deadline, therefore, people should legalize their undeclared assets.

He was speaking on Monday (24th of June) about the asset declaration scheme. He said that the country stood at the crossroad and every citizen would have to play his role in ameliorating the economy of Pakistan. Maintaining that the country could not move forward unless taxes were collected, Imran Khan held that nation and government could work together for the success of the scheme. 

He told that modern technology would be introduced in the tax system and a helpline would also be set up for facilitation of public.  PM pointed out that the first time Baynaami laws had been enacted to bring the undeclared wealth into the tax net.

He said measures were being taken to augment income and reduce loans. He further pointed out that Govt. was implementing austerity drive to reduce expenditure. He lamented that half of the income goes to repay interest on loans. 

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Economy

USAID provides waste mgmt. eqpt. to Jacobabad

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USAID JACOBABAD

JACOBABAD: USAID Director for Sindh & Balochistan Michael Hryshchyshyn handed over waste management equipment to the municipality here at the DC office.

These 80 waste management vehicles and related equipment, provided under USAID’s Sindh Municipal Services Program (MSP), were handed over in the presence of Sindh Minister for Local Govt., Saeed Ghani and Chairperson of the Sindh Planning & Devt. Board, Naheed Durrani.

Michael Hryshchyshyn articulated that the US Govt. was proud to partner with the Govt. of Sindh in the joint initiative of providing a clean & healthy environment for the citizens of Jacobabad. Through MSP USAID is helping the city rehabilitate its water supply, sewerage, and garbage collection systems. 

Construction of the new water system is near completion and over 300,000 citizens of Jacobabad will all have access to clean, potable water and will be living in a much cleaner environment, all which will have a significant impact on their health and well-being.

USAID JACOBABAD

USAID JACOBABAD

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