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Craftsmen mesmerize visitors with their artisanship at Lok Mela

ISLAMABAD April 9 (APP) : The on-going Folk Festival of Pakistan ‘Lok Mela’, organized by Lok Virsa, here at Shakarparian is immensely contributing towards documenting and preserving traditional folk crafts and projecting craftsmen.
The glimpses of rural folk and traditional heritage of different provinces and regions including remotest parts have coloured the grounds of the federal capital for ten consecutive days.
Besides several other features for families and children, exhibition of Artisans-at-work is a major attraction for the visitors at Lok Mela.

SBP's Monetary Policy Statement

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File Photo

KARACHI, April 9 (APP): The Monetary Policy Committee of the State Bank of Pakistan has decided to maintain the policy rate at six percent.
This was announced in the monetary policy statement issued by the SPB here on Saturday. It said that after bottoming out in September 2015, both the Year-on-Year (YoY) headline CPI and period average inflation are on a rising trend.
The monetary policy statement issued by the SBP further stated that while the YoY inflation rose from 1.3 percent in September 2015 to 3.9 percent in March 2016, the period average inflation increased from 1.7 percent to 2.6 percent during this period. Similarly, the YoY core inflation measures kept their increasing trends; Non Food-Non Energy increased for the fifth consecutive month and the Trimmed Mean for the third month.

JOCC to launch vigorous action against terrorists, facilitators

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LAHORE, Apr 9 (APP): Joint Operations Coordination Committee (JOCC) has decided to vigorously undertake coordinated action across the board against all terrorist outfits and their facilitators.
The JOCC took the decision during its meeting here on Saturday, following the earlier meeting between Punjab Chief Minister and Commander Lahore Corps, held on April 5.
According to ISPR, the meeting was attended by senior civil
and military officials of Punjab and heads of civil and military intelligence agencies. The forum agreed to revitalize the committee to carry out intelligence assessment, joint development of security mosaic and direct all operations in Punjab.

PM condols Maulana Ubaid's death at Jamia Ashrafia

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LAHORE, Apr 9 (APP): Prime Minister Muhammad Nawaz Sharif on Saturday visited Jamia Ashrafia without any protocol and condoled death of Maulana Muhammad Ubaidullah with Mohtamim (Administrator) of the Jamia, Maulana Hafiz Fazl-ur-Raheem.
Qari Ahmed Ubaid, Qari Arshad Ubaid, Amjad Ubaid, Hafiz Asad Ubaid and a number of Ulema were also present on the occasion.
Expressing profound grief, the Prime Minister said that
Pakistan had been deprived of a great religious scholar with
demise of Maulana Muhammad Ubaidullah. However, people would continue to benefit from his religious educational services, he added.

Pakistan Navy Inducts Zarb Missile

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4th Pakistan, China Navies exercise concludes

KARACHI, April 9 (APP): Pakistan Navy has successfully conducted test launch of shore based anti-ship Zarb Missile on Saturday.
A PN statement said that the trial was conducted in Arabian Sea and weapon launched from coastal site successfully engaged the surface target.
The test further consolidates Pakistan’s capability for defence
of the country. The PN statement said that speaking on the occasion, Vice Admiral Zafar Mahmood Abbasi, Deputy Chief of Naval Staff (Operations), lauded the efforts of those involved.

Meeting reviews progress of withdrawal of concessionary SROs

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ISLAMABAD, Apr 9 (APP): Finance Minister Senator Ishaq
Dar on Saturday held a meeting with senior officials of Federal Board of Revenue (FBR) to review progress of complete withdrawal of concessionary SROs and Tax exemptions.
Chairman FBR briefed the meeting about the third and
final phasing out plan for withdrawal of concessionary regime
under the head of Income Tax.

Earlier last month a meeting, held at FBR, had discussed
the phasing out plan in respect of Sales Tax, Federal Excise
Duty and Customs.

Dar to attend WB, IMF spring meetings in Washington from 15-17 April

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ISLAMABAD, Apr 9 (APP): Finance Minister, Senator
Mohammad Ishaq Dar, along with a delegation, would be
visiting Washington from April 15-17 to attend the World
Bank and International Monetary Fund (IMF) spring meetings.
During the visit, Finance Minister will also represent
Pakistan at the Global Connect Initiative (GCI) event, which
is being co-hosted by President WB and US Secretary of State.
He will also visit the Woodrow Wilson Center for a talk
on the growth strategy of Pakistan.

Chinese investors invited to Punjab's Safe Drinking Water Project

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China, Pakistan gear up vocational education cooperation

BEIJING, Apr 9 (APP): Government of Punjab province will welcome Chinese businessmen, firms and joint ventures to invest in a multi-million dollar project to provide clean drinking water facilities to the people of rural and peri-urban areas of the Punjab province, reports Chinese official media Saturday.
The Punjab provincial Minister for Public Health, Housing and Urban Development Tanveer Aslam Malik offered invitations to Chinese investors during a Seminar held at the Pakistan Embassy in Beijing Friday, reports China official news portal China.org.cn.
The Minister led a delegation from Punjab province to showcase the project in China and to invite prospective investors.

PML(N) Parliamentary Board discuss candidates for AJK elections

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ISLAMABAD, Apr 9 (APP): Parliamentary Board of Pakistan Muslim League (N) Azad Kashmir held a meeting at Punjab House on Saturday and discussed award of tickets to candidates for the next elections of AJK Legislative Assembly.
The meeting, chaired by PML(N) Chairman Raja Zafarul Haq,
was attended by Minister for Information and Broadcasting Senator Pervaiz Rashid, Special Assistant to Prime Minister Dr Asif Kirmani, Chief Minister Gilgit Baltistan Hafeezur Rehman, Federal Minister for Kashmir Affairs Barjis Tahir, Sardar Sikandar Hayat Khan, Raja Farooq Haider, Shah Ghulam Qadir, Chaudhry Tariq Farooq, Dr Najeeb
Khan Naqi, Chaudhry Muhammad Aziz, Sardar Abdul Khaliq Wasi, Sardar Mehtab Ahmad Khan, Naseeb Ullah Gardezi and Siddiqul Farooq.
Talking to media on the occasion, Dr Asif Kirmani said during
the meeting of the Parliamentary Board of PML(N) AJK, the candidates of Legislative Assembly LA-1 to LA-12 of Mirpur Division informed the Board about the election situation in their constituencies.

Siddiqui for promoting Allama Iqbal's ideology

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LAHORE, April 9 (APP): Prime Minister’s Advisor on National History and Literary Heritage, Irfan Siddiqui Saturday underscored the need for formulating short and long-term programmes aimed at promoting ideology of the great thinker and Poet of the East Dr. Allama Muhammad
Iqbal (RA).
Chairing the 44th Governing Body meeting of Iqbal Academy Pakistan (IAP) here at Aiwan-e-Iqbal, he said the IAP must now pay serious attention towards the targets and objectives for which this Academy had been established.
The IAP Governor Body meeting also took various decisions pertaining to re-freezing of the IAP accounts; payment of long-pending dues to the quarters concerned and publishing of books on the life and ideology of Allama Muhammad Iqbal.