DG FIA Ahmed Ishaq Jahangir to Receive Prestigious award “Hilal-e-Imtiaz” for Outstanding Service
CM Sindh honours Olympian Arshad Nadeem
KARACHI, Aug 15 (APP): Sindh Chief Minister Syed Murad Ali Shah hosted Javelin thrower and Olympic Champion Arshad Nadeem at the CM House, honouring his historic achievements and stressing the importance of securing more gold medals to motivate the nation.
Murad Shah highlighted the potential of Pakistan’s 240 million population, suggesting the country should aspire to win at least 24 gold medals on the international stage.
Arshad Nadeem is our national pride, said the CM. “You have made history and act as a role model for the youth of our country,” he said to the gold medalist and added, “his victory on the international stage shows that determination overcomes all shortcomings and obstacles.”
When Arshad Nadeem arrived at the CM house the provincial cabinet session was in progress and the CM temporarily stopped to personally welcome the Gold Medalist.
The CM along with his cabinet members warmly welcomed Arshad Nadeem and applauded his record-breaking throw of 92.97 meters, a remarkable achievement that inspired people all over the world.
CM Shah recalled watching Arshad Nadeem’s historic win with the nation. “It was a night to remember. We couldn’t stop discussing your incredible performance with friends and family,” he told Nadeem.
Arshad Nadeem expressed his gratitude to the CM for his support and encouragement. He mentioned how the congratulatory phone call he received from the Sindh CM at Parishad motivated him to strive for even greater accomplishments.
Arshad Nadeem proudly showcased his Olympic Gold Medal during the meeting, kindling pride and a strong sense of national accomplishment in the room. Cabinet members applauded enthusiastically and congratulated Nadeem.
In recognition of Arshad Nadeem’s remarkable achievements, CM Murad Ali Shah awarded him Rs 50 million and traditional Sindhi gifts such as an Ajrak, cap, khes, and other memorabilia. Minister P&D Nasir Shah gifted a car to Arshad Nadeem’s mother, appreciating her for nurturing such a brave and skilled son. Additionally, Senior Minister Sharjeel Memon committed to providing a premium number plate for the car.
Minister for Local Government Saeed Ghani declared that an important road in Karachi would be named after Arshad Nadeem, commemorating his national contributions. Minister for Sports Sardar Mohammad Bux Maher also handed Nadeem a cheque, both from his department and his personal funds.
Karachi Mayor Murtaza Wahab has already announced the establishment of a sports academy in honour of Arshad Nadeem.
At the end of the reception, CM Murad Ali Shah reassured Arshad Nadeem of his steadfast support. “You are only a phone call away,” he told Nadeem. “Whenever you need anything or have suggestions for promoting sports in the province, I am here to help.”
Arshad Nadeem expressed his gratitude to the chief minister for his ongoing support and his dedication to Nadeem’s accomplishments.
The event concluded with a commitment to boosting sports in Pakistan, inspired by Arshad Nadeem’s remarkable achievements.
FGEHA updates Senate body on progress in F-12 and G-12 sectors
ISLAMABAD, Aug 15 (APP): The Director General of the Federal Government Employees Housing Authority (FGEHA) Thursday provided a progress update on Sectors F-12 and G-12 to the Senate Standing Committee on Housing and Works.
The meeting of the Committee was presided over by Senator Nasir Mehmood.
The Director General informed the Committee that an award of Rs. 7.23 million per kanal for these sectors was announced on April 23, 2023.
He also highlighted complications with the landowners of Sectors F-14 and F-15, noting that weekly hearings are being held and Sector F-12 will be launched as soon as the Supreme Court issues its final judgment. The progress and complications in the development of Sectors G-13 and G-14 were also discussed in detail.
The Committee members further reviewed the details of the auction of commercial plots held on August 7, 2024.
It was reported that during its 31st meeting on January 31, 2024, the Executive Board of the FGEHA approved a proposal to divide a plot from the Federal Government Employees Housing Foundation (EHFPRO) project.
Following the Executive Board’s decision on January 11, 2024, the FGEHA divided this 13-kanal project into three plots to maximize revenue potential while considering current market dynamics.
The Director General pointed out that the slow progress of the project has led to a lack of investor interest, despite efforts such as below-the-line advertising.
He mentioned that heavy taxation might have contributed to the auction’s failure, citing the tax increase from 43% to 63% after July 8 as a possible factor that deterred potential investors.
The officials briefed the committee on the project’s advertising efforts, noting that the first advertisement was released on July 5, 2024, followed by several others.
The Chairman of the Committee expressed concern over the significant financial losses incurred without achieving tangible results. Senator Khalida Ateeb also highlighted the lack of outcomes despite extensive advertising efforts. Chairman Senator Nasir Mehmood urged the formulation of a pragmatic strategy to overcome this stagnation.
The Committee also received an update on the Pak PWD land illegally occupied by the TMA Murree (Punjab Government).
Officials briefed the committee on multiple cases in civil courts regarding the possession of Constantia Lodge in Murree. Of the 36-kanal project, 6.8 kanals are under the control of the Ministry, 18 kanals are occupied by TMA Murree, and 12 kanals are held by Faujdar Khan (Chowkidar) and his children. Legal proceedings have been initiated to address the matter, and the issue has been brought to the Prime Minister’s attention, who has directed that the litigation be resolved expeditiously.
Senator Saifullah Abro inquired about the list of officers on deputation and whether any action had been taken against the miscreants.
The Minister of Housing and Works responded that action is being taken, and the list will be shared with the Committee. The members also discussed a question raised by Senator Raja Nasir regarding the laws and rules for the separate allocation of Imam Bargahs in the sectors developed by FGEHA. Officials assured that religious sanctity is maintained during the allocation process.
The Chairman of the Committee directed that laws and rules be formulated to allocate separate religious places to ensure the sanctity of all religious communities is respected.
ECC okays continuation of PM Relief Package
ISLAMABAD, Aug 15 (APP): The Economic Coordination Committee (ECC) of the Cabinet here on Thursday approved continuation of the Prime Minister’s Relief Package for the fiscal year 2024-25 through Utility Stores Corporation (USC) with revised price and subsidy.
Federal Minister for Finance and Revenue Muhammad Aurangzeb chaired the cabinet committee meeting, according to press release issued by the finance ministry.
The proposal to continue the package was presented by the Industries & Production Division, the press release added.
Furthermore, the ECC approved the request of Ministry of Industries & Production to declare Warehousing and Logistic Sector as an industry, it added
Among others was attended by Minister for Industries & Production, Rana Tanveer Hussain; Minister for Commerce, Jam Kamal Khan; Minister for Privatization, Abdul Aleem Khan, Deputy Chairman Planning Commission, Federal Secretaries, and other senior officials of the relevant ministries.
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Pakistan’s total liquid foreign reserves increase to $ 14.645 billion
KARACHI, Aug 15 (APP): The total liquid foreign reserves of Pakistan increased to US$ 14,645.2 million as of August 9, 2024 while the reserves held by the central bank were recorded as $ 9,272.6 million.
The State Bank of Pakistan (SBP), in a statement issued here on Thursday, informed that liquid foreign reserves held by the central bank increased by $ 119 million to $ 9,272.6 million during the week ended on August 9, 2024.
Meanwhile, net foreign reserves held by commercial banks were recorded as $ 5,372.6 million during the week under review, it added.
Total liquid foreign reserves held by the country, in the previous week ended on August 02, 2024, were $ 14,471.9 million.
Among them foreign reserves held by the central bank were recorded as $ 9,153.3 million while $ 5,318.6 million were held by commercial banks.