
KARACHI


ISLAMABAD, Aug 22 (APP): Pakistan took control of the first Test match against Bangladesh on the second day, declaring their innings at 448 for six at the Pindi Stadium, Rawalpindi.
Mohammad Rizwan and Saud Shakeel provided a 240-run fifth wicket partnership thus putting Pakistan in a commanding position on Thursday.
Rizwan, who resumed second day’s play at 24 in Pakistan’s 158 for four, returned unbeaten on a career-best 171, while Saud, who started the proceedings at 57, was dismissed after scoring 141. When play ended an on extended day, Bangladesh were 27 for no loss in 12 overs.
It was a third century each for Rizwan (31st Test) and Saud (11th Test) as the two batters sent the Bangladesh bowlers on a leather chase on a wicket that continued to assist the fast bowlers. For Rizwan, whose previous best was against South
Africa, it was a second century at this venue, while the third was in Karachi against Australia.
For Saud, it was his first century at the Rawalpindi Cricket Stadium after his previous two were in Karachi (125 not out) and Galle (208 not out).
Rizwan’s 239-ball knock was punctuated with 11 fours and three sixes and Saud struck nine fours in a 261-ball innings. Rizwan was dropped twice during his innings, while Saud survived a close run-out before being stumped off Mehidy Hasan Miraz that gave wicket-keeper Litton Das his third scalp of the innings.
After the 240-run fifth wicket partnership that ended with Saud’s dismissal, Rizwan put on 44 runs for the sixth wicket with Salman Ali Agha (19) and an unbroken 50 runs for the seventh wicket with Shaheen Shah Afridi, whose 24-ball 29 not out included a four and two sixes.
Neither Hasan Mahmud nor Shoriful Islam managed to picked up any wickets on the second day in which Pakistan scored 290 runs in 72 overs and finished with two for 70 and two for 77, respectively.
Speaking after the end of play of Day 2, Pakistan’s Saud Shakeel reflected on his team’s performance in the ongoing Test match, saying, “I focused on playing attacking cricket on the first day, and as our partnership grew, who is doing better on the day continues with the form.”
Shakeel, who achieved the fastest 1000 runs in Test cricket, humbly stated, “I wasn’t aware of the milestone, my priority is Pakistan’s victory.”
He emphasized the importance of partnerships in both batting and bowling, saying, “Partnerships play a vital role in a team game.”
On being named vice-captain, Shakeel expressed honor and hoped for crowd support on the weekend. He acknowledged the need to adapt to situations and improve, saying, “I enjoy performing in difficult situations, but there’s always room for improvement.”
Meanwhile, Bangladesh’s batting coach David Hemp discussed the pitch conditions and said, “Reverse swing comes from the surface, but this pitch has more grass than usual in Pakistan, and the outfield is lush.”
Hemp emphasized the challenges ahead, saying, “Pakistan has four excellent seamers, so our approach will be to stay positive and focus on scoring.”
With plenty of cricket still to be played, Hemp prioritized batting on Friday and assessing the situation on Days 4 and 5.
Scores in brief (day 2 of 5): Pakistan (1st innings) 448-6d (Mohammad Rizwan 171 not out, Saud Shakeel 141, Saim Ayub 56, Shaheen Shah Afridi 29 not out; Hasan Mahmud 2-70, Shoriful Islam 2-77). Bangladesh (1st innings) 27-0.






ISLAMABAD, Aug 22 (APP): The total liquid foreign reserves held by the country stood at US$ 14,667.4 million as of August 16, 2024, State Bank of Pakistan (SBP) reported Thursday.
According to the breakup figures, the foreign reserves held by SBP stood at US$ 9,291.8 million whereas net foreign reserves held by commercial banks were recorded at US$ 5,375.6 million.
During the week ended on August 16, SBP reserves increased by US$ 19 million to US$ 9,291.8 million.
ISLAMABAD, Aug 22 (APP): A delegation of 10 Pakistani students enrolled in the MBA program at Harvard University met with Minister for Planning, Development and Special Initiatives, Professor Ahsan Iqbal on Thursday.
The students, who have experience working with top companies in Pakistan and abroad, were briefed on the ministry’s affairs by Member Social Sector Rafiullah Kakar. He informed the students that the ministry was a key center for all development-related planning and initiatives in the country.
The minister asked the students that they were the future stars of Pakistan, and universities like Harvard were always on the lookout for future leaders. He said that the doors of the public sector in Pakistan were always open to young people like them.
Ahsan Iqbal shared his own political journey, from his time at the University of Pennsylvania’s Business School in 1983 to his election as a member of the National Assembly in 1993.
He highlighted key policies he had been involved in, including the first IT policy in 1998, the Overseas Scholarship Scheme, and the launch of the China Pakistan Economic Corridor (CPEC) project in 2013.
The minister stressed that stability and continuity in policies are crucial for the country’s development, citing the need for a five-year development plan under the 5Es framework.
He acknowledged the current economic challenges facing the country, including a debt crisis, but expressed optimism about Pakistan’s potential, saying: “We have all the knowledge, but it’s limited to reports; now we need to bridge the gap between knowledge and action.”
The minister emphasized that the future of the country was in the hands of young people, and that they must work together to bring Pakistan back into the race for development.
ISLAMABAD, Aug 22 (APP):The Economic Coordination Committee (ECC) of the cabinet here on Thursday gave conditional approval to the export of an additional 0.100 million metric tons of sugar, the summary for which was submitted by the Ministry of Industries and Production.
According to press release issued by finance ministry, the ECC put condition that in view of procedural delays encountered during export of sugar, the period allowed for export of sugar from the date of allocation of quota by respective Cane Commissioner should be extended from forty-five (45) days to sixty (60) days.
In addition, it said, export proceeds should be received in advance in case of Afghanistan only through banking channel however, export proceeds in case of LC may be allowed within a period of 60 days of opening of LC for export of sugar to other destinations.
It said, the benchmark for retail price of sugar may be delinked from the permission to export sugar as retail price is not directly under the control of sugar mills.
The condition of revoking of export quota in case of non-payment of dues of the growers from proceeds of export of sugar should be applicable only to the non-compliant mills rather than PMSA as a whole, it added.
Moreover, the ECC decided to monitor the market situation on a monthly basis and review its decision as per emerging needs, and instructed the Sugar Advisory Board to develop a comprehensive sugar policy within two months to address the sector’s challenges and ensure sustainable growth.
Meanwhile, the ECC also considered and approved the following Technical Supplementary Grants including Rs. 276.250 million in favor of the Ministry of Interior to HQ Frontier Corps KP (N) TSG for Project Implementation Letters (PILs).
It also approved Rs. 1951.995 million on account of payment of security charges – Reko Diq Project to Frontier Corps Balochistan (South) and Rs. 20 billion as a special allocation for Operation Azm-e-Istehkam during CFY 2024-25.
Among others, the meeting was attended by Minister for Industries & Production, Rana Tanveer Hussain; Minister for Commerce, Jam Kamal Khan; Minister for Privatization, Abdul Aleem Khan; Minister for Planning, Development and Special Initiatives, Ahsan Iqbal Chauhdry; Minister for Economic Affairs, Ahad Khan Cheema; Minister for Petroleum, Mussadiq Masood Malik; Minister for Power, Sardar Awais Khan Leghari; Dy Chairman Planning Commission, Federal Secretaries, and other senior officials of the relevant ministries.