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Representatives of leading financial institutions meet Privatization Minister

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Fawad

ISLAMABAD, Dec 9 (APP): A group of representatives from leading investment banks, funds and institutional investors here on Saturday called on Caretaker Minister for Privatization Fawad Hasan Fawad and discussed matters related to investment possibilities in the country.

The group was organized by Trans-National Research Corporation and included representatives from Fidelity Investments, Morgan Stanley Investment Management, Barings and William Blair Investment Management, said a press release.

The minister briefed the group on the vision of the present government on investment and privatization of State Owned Enterprises as well as the working of the Privatization Commission and the current agenda of privatization.

The process and expectations for the privatization of PIACL, Roosevelt Hotel, FWBL and HBFC were discussed. The minister responded to all the queries of the representatives regarding the current privatisation agenda and process as well as future investment opportunities.

The representatives were encouraged to explore the opportunities for possible investment in Pakistan. The group appreciated the initiatives taken and expressed that the work being done will result in a conducive environment for investment in Pakistan.

Seminar on World Anti-corruption day held

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DG KHAN, Dec 09 (APP):The district administration has organized a seminar on the eve of World Anti-Corruption Day (December 9) at the Arts Council on Saturday.
Addressing the seminar, Additional Commissioner Karim Baksh said that all the stakeholders have to be mobilized to eradicate the menace of corruption. ‘We have to root out corruption from across the country. He further said that the promotion of honesty, discouragement of wrongdoings, and performing duty excellently should be our priority.
Additional Commissioner Revenue Mian Rizwan Nazir said that we have to take a pledge for self-accountability on Anti-corruption day and students should play their role to eliminate corruption.
Director Anti-Corruption Umar Hayat Laghari said that corruption was hollowing the roots of the country. He stated that lack of education, unsatisfactory performance, unfair distribution of resources, and avoidance of duties were the main reasons for corruption.
The students made speeches in an enthusiastic manner which were highly encouraged by the participants in the seminar.
At the end, cash prizes were also distributed among the students. Meanwhile, an awareness walk was also held on Anti-corruption day.

NAB recovers Rs. 2.3 trillion,saves $10 billion: Chairman

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ISLAMABAD, Dec 09 (APP):National Accountability Bureau (NAB), Chairman Lt. Gen. (R) Nazir Ahmed, stated that the bureau has recovered an impressive amount of Rs. 2.3 trillion and generated over US $10 billion in savings for the national exchequer.
Speaking at an event on Saturday at NAB Headquarters in Islamabad, commemorating “International Anti-Corruption Day” with the theme “Documented Economy Curbs Corruption,” he emphasized that combating corruption requires collective effort. NAB is dedicated to ensuring that every instance of corruption faces consequences.
Lt. Gen. (R) Nazir Ahmed, emphasized that the eradication of corruption requires collective efforts from all stakeholders, as no single institution can accomplish this task alone. He reaffirmed NAB’s commitment to ensuring that every instance of corruption faces consequences.
The Chairman asserted that the documentation of the economy will undoubtedly benefit the country and significantly reduce corruption. He reiterated NAB’s commitment to fulfilling the obligations outlined in the United Nations Convention against Corruption (UNCAC).
Prominent economist and Director General of NUST Institute of Policy Studies (NIPS) Dr Ashfaque Hasan Khan and Country Representative of United Nations Office on Drugs & Crime (UNODC) Pakistan Jermey Milsom, attended the event as guest speakers.
Dr Ashfaque Hassan Khan, in his keynote speech, stated that it is the responsibility of every citizen to get registered in the taxation system so that they can get welfare benefits from the State.
He mentioned that individuals in the informal/unregistered economy often experience poverty due to a lack of access to banking incentives, including loans. He stressed that restructuring the tax system to provide incentives would be more advantageous than relying on punitive measures.
Earlier,Nauman Aslam, Director General of the Awareness & Prevention (A&P) Division at NAB Headquarters, provided an overview of the significance of observing Anti-Corruption Day and highlighted the A&P Division’s role in raising awareness about the detrimental effects of corruption.
The Chairman also recognized and honored NAB officers with Merit and appreciation Certificates for their exceptional performance in their respective domains.

International Anti-Corruption Day spotlights links to peace, development

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ISLAMABAD, Dec 09 (APP):International Anti-Corruption Day (IACD) was celebrated on Saturday to underscore the vital connection between fighting corruption and its impact on peace, security, and development and raise awareness about the consequences of corruption, encouraging ethical choices.
Each year, we observe International Anti-Corruption Day, bringing people together to combat corruption and strive for a society free from corrupt practices.
In 2003, the United Nations adopted the United Nations Convention Against Corruption (UNCAC), marking the initial stride in the battle against corruption. This treaty witnessed the collaboration of UN member states as they united to combat corruption and uphold the principles of law and order. The treaty was signed on December 9 and came into effect on December 14.
Corruption, a widespread issue affecting every nation, exerts adverse effects on various facets of society, particularly impacting the most vulnerable individuals, including women. It erodes democratic institutions, diminishes confidence in governance systems, and poses a threat to advancements in all 17 Sustainable Development Goals (SDGs).
Corruption not only contributes to conflict but hampers peace processes by undermining the rule of law, exacerbating poverty, enabling the illicit exploitation of resources, and offering financial support for armed conflict.
Meanwhile, NAB conducted a seminar titled “Curbing Corruption through a Documented Economy” as part of the Anti-corruption week-2023, observed in conjunction with International Anti-Corruption Day. The seminar was held in collaboration with the Legal Aid and Justice Authority (LAJA) recently.
Participants from educational institutions in Rawalpindi, Chakwal, Murree, Attock, Jhelum, and Islamabad Capital Territory (ICT) were acknowledged in a competition. The accomplished students who excelled in declamation, poster design, painting, skit, and other categories were presented with cash prizes and shields.
NAB also conducted an awareness program against corruption in commemoration of Corruption Day on December 9, 2023, including a walk from NAB headquarters to the National Library.

Caretaker Prime Minister Anwaar-ul-Haq Kakar interacting with the under training officers of the Police Service of Pakistan at 7th AFIGP Conference

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Caretaker Prime Minister Anwaar-ul-Haq Kakar interacting with the under training officers of the Police Service of Pakistan at 7th AFIGP Conference
APP05-091223 ISLAMABAD: December 09 - Caretaker Prime Minister Anwaar-ul-Haq Kakar interacting with the under training officers of the Police Service of Pakistan at 7th AFIGP Conference. APP/ABB
Caretaker Prime Minister Anwaar-ul-Haq Kakar interacting with the under training officers of the Police Service of Pakistan at 7th AFIGP Conference
APP05-091223
ISLAMABAD

Caretaker Prime Minister Anwaar-ul-Haq Kakar interacting with the under training officers of the Police Service of Pakistan at 7th AFIGP Conference

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Caretaker Prime Minister Anwaar-ul-Haq Kakar interacting with the under training officers of the Police Service of Pakistan at 7th AFIGP Conference
APP04-091223 ISLAMABAD: December 09 - Caretaker Prime Minister Anwaar-ul-Haq Kakar interacting with the under training officers of the Police Service of Pakistan at 7th AFIGP Conference. APP/ABB
Caretaker Prime Minister Anwaar-ul-Haq Kakar interacting with the under training officers of the Police Service of Pakistan at 7th AFIGP Conference
APP04-091223
ISLAMABAD

Caretaker Prime Minister Anwaar-ul-Haq Kakar in a group photo with former and serving Inspector Generals of Police at the 7th AFIGP Conference

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Caretaker Prime Minister Anwaar-ul-Haq Kakar in a group photo with former and serving Inspector Generals of Police at the 7th AFIGP Conference
APP03-091223 ISLAMABAD: December 09 - Caretaker Prime Minister Anwaar-ul-Haq Kakar in a group photo with former and serving Inspector Generals of Police at the 7th AFIGP Conference. APP/ABB
Caretaker Prime Minister Anwaar-ul-Haq Kakar in a group photo with former and serving Inspector Generals of Police at the 7th AFIGP Conference
APP03-091223
ISLAMABAD

Caretaker Prime Minister Anwaar-ul-Haq Kakar addressing the 7th Annual Conference of Association of Former Inspector Generals of Police titled “Navigating the Complexities of State Responses in the Criminal Justice System”

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Caretaker Prime Minister Anwaar-ul-Haq Kakar addressing the 7th Annual Conference of Association of Former Inspector Generals of Police titled "Navigating the Complexities of State Responses in the Criminal Justice System"
APP02-091223 ISLAMABAD: December 09 - Caretaker Prime Minister Anwaar-ul-Haq Kakar addressing the 7th Annual Conference of Association of Former Inspector Generals of Police titled "Navigating the Complexities of State Responses in the Criminal Justice System". APP/ABB
Caretaker Prime Minister Anwaar-ul-Haq Kakar addressing the 7th Annual Conference of Association of Former Inspector Generals of Police titled "Navigating the Complexities of State Responses in the Criminal Justice System"
APP02-091223
ISLAMABAD

Caretaker Prime Minister Anwaar-ul-Haq Kakar addressing the 7th Annual Conference of Association of Former Inspector Generals of Police titled “Navigating the Complexities of State Responses in the Criminal Justice System”

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Caretaker Prime Minister Anwaar-ul-Haq Kakar addressing the 7th Annual Conference of Association of Former Inspector Generals of Police titled "Navigating the Complexities of State Responses in the Criminal Justice System"
APP01-091223 ISLAMABAD: December 09 - Caretaker Prime Minister Anwaar-ul-Haq Kakar addressing the 7th Annual Conference of Association of Former Inspector Generals of Police titled "Navigating the Complexities of State Responses in the Criminal Justice System". APP/ABB
Caretaker Prime Minister Anwaar-ul-Haq Kakar addressing the 7th Annual Conference of Association of Former Inspector Generals of Police titled "Navigating the Complexities of State Responses in the Criminal Justice System"
APP01-091223
ISLAMABAD

AIOU encourages budding entrepreneurs with research-based projects exhibition

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AIOU
ISLAMABAD, Dec 9 (APP):In line with the vision of Vice Chancellor, Allama Iqbal Open University (AIOU), Prof Dr Nasir Mahmood, to foster innovative business ideas, the Department of Chemistry recently hosted an exhibition showcasing research-based projects and models/posters developed by BS Chemistry students.
The event, which saw participation from 71 students and 30 projects, aimed to provide academic support and encourage aspiring entrepreneurs,a public relations officer said on Sunday.
Dr Uzma Yunus, Chairperson of the Department of Chemistry, emphasized AIOU’s commitment to empowering the younger generation through entrepreneurship, enabling them to contribute to their families and the nation’s socio-economic development. She further highlighted that the exhibition forms part of the university’s ongoing Golden Jubilee celebrations.
Dr Yunus expressed her gratitude to Prof. Dr Irshad Ahmed Arshad, Dean of Faculty of Sciences, and Prof. Dr Nasir Mahmood, Vice Chancellor of AIOU, for their unwavering support in organizing the exhibition. As AIOU prepares to celebrate its Golden Jubilee in 2024, this event serves as a testament to its dedication to fostering creativity and innovation among its students.