RSS Feed     Twitter     Facebook

Posts Tagged ‘government’

Government “has solution for inflation”

The Serbian government has a plan to curb the rising inflation, and selling state-owned Telekom Srbija is part of it, says Diana Dragutinović. The finance minister also said that the double-digit inflation in the country – first in three years – is “the best that could have been achieved”.

JUI-F quits coalition


ISLAMABAD/LAHORE – The PPP-led government suffered another setback as it plunged to another crisis Tuesday when JUI-F chief Maulana Fazlur Rehman announced Tuesday that his party had decided to quit the coalition government.
The latest twist in the countryÂ’s politics came after Prime Minister Yousuf Raza Gilani earlier in the day sacked Minister for Religious Affairs Hamid Saeed Kazmi and Minister for Science and Technology Azam Swati from their offices. It is worth mentioning that Swati was one of the three JUI-FÂ’s ministers who were inducted in the cabinet.
As soon a high-level meeting of JUI-F made the decision, the remaining two ministers also sent their resignations to the prime minister.
They include Federal Minister Housing and Works Minister Rehmat Ullah Kakar and Federal Minister for Tourism Atta-ur-Rehman.
After the announcement, President Zardari and Premier Gilani telephoned Fazlur Rehman but he refused to talk. When asked about the contact by the Presidency, Fazl while talking to media said, “Please avoid such critical questions.”
He said the governmentÂ’s one-sided decision compelled them to quit the coalition government, adding that they were not taken into confidence over issue.
The JUI-F chief said he had responded positively to the reconciliation policy of the PPP Co-Chairman Asif Ali Zardari, adding that he asked the president to implement the agreement reached with the JUI-F which had joined the government on the basis of the deal.
He said the party had written many letters to Prime Minister Gilani to take action against the people involved in the Haj scandal but the government did not take any action. Instead, it dismissed their minister Azam Swati who stood firm against the huge corruption in Haj operations, he added.
When asked about the blasphemy law, he ridiculed Punjab Governor Salmaan TaseerÂ’s statements about amending the law and expressed his anger over the private bill moved by PPP MNA Sherry Rehman for this purpose.
In response to a question, he asked the PPP government to revoke the notification of SwatiÂ’s removal and issue a formal apology.
About the future plan of action and RGST Bill which would soon be tabled in the Lower House of the Parliament, Fazl said the JUI-F would oppose the bill and would not bail out the govt from the possible embarrassment during the voting.
Later, as a reconciliatory move, President ZardariÂ’s spokesman Dr Qayyum Soomro reached FazlÂ’s residence for convincing him to withdraw his decision.
Meanwhile, talking to media after a religious ceremony at Kala Shah Kaku near Lahore, Kazmi said a particular group was conspiring against him after his appointment as the federal minister for Religious Affairs. They wanted to grab the ministry, he added.
Talking about his removal, Kazmi said the decision had been taken although there was no solid proof against him but he had no complaint over the move.
“I am simple man and not involved in any corruption,” he said.
He said fabricated stories were being spread just for targeting him.
When asked why he did not resign despite constant pressure, Kazmi replied he wanted to stand up against the conspirators and there was no reason to do so in the absence of concrete evidence.
He reminded the reporters that no accused could be termed criminal till the charges were proved in the court.
On the reports of freezing his bank accounts, Kazmi he had no wealth; therefore, the decision, if taken, would not affect him.
In an exclusive telephonic conversation with Nawa-i-Waqt from Zurich, Azam Swati described his removal as an honour, saying he was the lone minister in Pakistan who had ever been sacked over pointing out corruption.
He said he was grateful to Maulana Fazlur Rehman and other party elders for deciding to quit the govt after his expulsion from the cabinet. He also thanked the people and media for, what he called naming, him as the ‘honest minister’.
“This day will always be remembered as an important milestone in the country’s history,” he remarked, adding that it had inculcated a new feeling in the nation.
It was a JUI-F minister who exposed corruption prevailing in the government, he said.
Swati said the incumbent govt never paid attention to science and technology, as the budget of Higher Education Commission (HEC) was slashed while that of BISP, which he termed as bogus, was increased from Rs30 billion to Rs90 billion. He had walked out of the cabinet meeting when it was approved, Swati added.
The JUI-F senator said he would stay in Zurich at his daughterÂ’s house and also land in Dubai for some days.
It is pertinent to recall that Swati runs a departmental store chain and oil companies in the US where he had stayed till late 1990s but later opted to return to Pakistan.
Talking to media, Federal Minister for Information Qamar Zaman Kaira said obviously there were some differences between the two allies but the matter would soon be resolved amicably.
Though the PMÂ’s House statement about the sacking of the two ministers did not mention any reasons but they have been fired over the controversy about the corruption in the Haj operations. Kazmi is facing serious allegations of corruption in Haj levelled against him by Swati and others. It resulted in media war as both the ministers did not follow the premierÂ’s advice to avoid issuing statements, thus aggravating the differences between the two cabinet fellows.
Prime Minister Gilani has given the additional charge of Religious Affairs to Syed Khursheed Shah, Minister of Labour and Manpower Minister of Education Sardar Assef Ahmed will look after the Ministry of Science and Technology.
The premier has also appointed Makhdoom Shahbuddin as Minister for Defence Production, who will continue to hold his portfolio of the Health Ministry. The slot was vacant after the resignation by former minister Abdul Qayyum Jatoi.
Meanwhile, Secretary Ministry of Religious Affairs Agha Sarwar Raza
Qazalbash has been directed to report to the Establishment Division, while Secretary Overseas Pakistanis Division Saeed Khan has replaced Qazalbash.

Advani hits back at PM for parliamentary session washout

L.K. AdvaniSenior Bharatiya Janata Party (BJP) leader LK Advani on Tuesday lashed out at the Congress-led UPA Government for the Winter Session of the Parliament ending without conducting any business. Addressing media here on the demand for a Joint Parliamentary Committee (JPC) probe into the 2G scam, Advani said the government had no credible reason to [...]

Manmohan Singh says tapping of phone must be done with utmost care

Manmohan SinghDefending the government”s use of phone taps, Prime Minister Dr. Manmohan Singh on Tuesday said these powers were necessary to deal with issues like tax evasion but it has to be exercised with care. Addressing at the inaugural session of the India Corporate Week here, Dr. Singh said: “We are aware of the nervousness in [...]

Failing to Prosecute Wall Street Fraud Is Extending Our Economic Problems

Bill Gross, Nouriel Roubini, Laurence Kotlikoff, Steve Keen, Michel Chossudovsky and the Wall Street Journal all say that the U.S. economy is a giant Ponzi scheme.Virtually all independent economists and financial experts say that rampant fraud was lar…

Israeli PM rejects idea of sharing Jerusalem

Israeli Prime Minister Benjamin Netanyahu has dismissed the idea of sharing the city of Jerusalem with a new Palestinian state. Mr. Netanyahu said Sunday the division of Jerusalem does not reflect his government’s policy. Palestinians hope that mainly Arab East Jerusalem will serve as their capital, while the Israeli government has claimed all of Jerusalem as its capital.

Rs 1,500b can be raised sans RGST


LAHORE – Reiterating his opposition to the government’s plan to impose Reformed General Sales Tax, former prime minister Nawaz Sharif has said Rs 1,500 billion may be raised through better economic management.
In an interview to Nawa-i-Waqt on Sunday, he said it would be wrong to claim that the RGST would not lead to increase in prices. “This step will be like the proverbial last straw on the camel’s back,” he said. The PML-N chief said the economic situation could be set right by bringing in a team of capable and honest managers.
He said the letter he had recently written to President Asif Zardari had not only diagnosed the problems but also proposed solutions. What is needed is action on the proposals, he added
Reduction in expenditure, search for new income sources and end of corrupt practices, he said, could help raise more resources. Such a strategy, he said, would not only rid the country of dependence on foreign loans but also make it self-sufficient. The PML-N leader said he had held detailed discussions with Finance Minister Dr Hafeez Shaikh and others during their recent visit to Raiwind. He said he had told them that 60 per cent of resources were going to the pockets of the privileged and the remaining 40 per cent were also not being used properly. He said he had not agreed with the governmentÂ’s point of view on the RGST.
According to Nawaz, the government team had indicated that they would meet him again after considering steps about implementing the measures outlined in his letter.
The former prime minister said the rulers would have to change their lifestyle, cut wasteful expenditure and get rid of the corrupt elements. The real problem, he said, was not the shortage of resources, but absence of the right direction and a capable leadership.
Nawaz said the stakeholders were not taken into confidence before taking a decision on imposing the RGST. He said the matter had been bulldozed in the Senate and now bargaining was being made to get the controversial bill passed from the National Assembly.
This, he said, was not the right way to rule the country. He said he would appeal to the rulers to let better sense prevail. All efforts should be made for creating harmony between the Centre and the federating units, and policymaking should be done to serve peopleÂ’s interests and not to meet the requirements of foreign powers.
Nawaz said it was his considered opinion that the prevailing situation was not conducive for the RGST.
He made it clear that now he would not leave the people at the mercy of circumstances. “We’ll not let the government put more burden on the people.”

WikiLeaks, Anonymous Force Change to Federal Government’s Security Approach

Even as WikiLeaks supporters fought back anti-WikiLeaks companies and tried to keep the momentum going, the federal government ordered new rules to prevent future breaches. – As cables continue to trickle out of WikiLeaks in the second week since the
site began posting, it appears that WikiLeaks and the United
States government have learned some hard
lessons.
quot;Previously with security breaches, the focus has been on the outside
threat, quot; said Darren Hayes, …


“Government hasn’t discussed FM’s dismissal”

Serbian Deputy Prime Minister and Interior Minister Ivica Dačić stated on Sunday that the government had not discussed Foreign Minister Vuk Jeremić’s dismissal.

He points out that the Socialist Party of Serbia (SPS) did not have any objections to Jeremić’s work so far and that he does not wish to comment on the position of the Democratic Party (DS) concerning the issue.

Is Serbia really looking for Mladić?

Analysts are wondering whether the government is truly ready to fulfill its obligation and arrest Ratko Mladić. Their reaction comes after claims that the government knew where the former military leader of Bosnia’s Serbs was hiding in 2008, but failed to arrest him.

Pentagon Papers Whistleblowers Call for a New 9/11 Investigation

The main players in releasing the Pentagon Papers were Daniel Ellsberg and Senator Mike Gravel.Ellsberg is, of course, the former military analyst and famed whistleblower who smuggled the Pentagon Papers out of the Rand Corporation. Senator Gravel is t…

Credit Suisse tips Singapore 4Q GDP +10.5% on-quarter

Singapore’s 4Q GDP is likely to rebound 10.5% on-quarter, seasonally-adjusted, annualized vs 18.7% contraction in 3Q; 2010 GDP likely +15.2% on-year, above government expectations, Credit Suisse says in a report.

Adds, “government revenues are likely to come in much higher than expected, thanks in part to the surge in betting revenues from the two new casinos, stamp duties from property transactions, and higher goods and services tax revenues from the rebound in retail sales.”

Read more…

Koon Holdings secures $46m worth of government projects

Koon Holdings, one of Singapore’s largest civil engineering, reclamation and shore protection specialists, says subsidiaries, Koon Construction and Transport Co. (KCTC), Econ Precast Pte Ltd (EPPL) and Construction Technology (“Contech”) have been awarded several new government projects worth $45.7 million.

Read more…

Federal Government Adopting Open Source for Data Center Consolidation

Open-source software is growing in popularity as government IT managers are selecting open-source stacks as part of their data center consolidation strategy. – As federal agencies consolidate data centers,
both government IT managers and service providers are increasingly
looking at open source software stacks to ease the transition,
according to the IDC Government Insights report released on Dec.
6.
Data Center consolidation also involves
quot;mi…


No, The Big Banks Have Not “Paid Back” Government Bailouts and Subsidies

The big banks claim that they have paid back all of the bailout money they received, and that the taxpayers have actually made money on the bailouts.However, as Barry Ritholtz notes:Pro Publica has been maintaining a list of bailout recipients, updatin…

Government allocates RSD 10mn for flood victims

Serbian Prime Minister Mirko Cvetković visited Saturday the flooded areas and said that the government would allocate RSD 10mn aid to flood victims.

He visited the western Serbian town of Loznica and said that the government was doing everything to help, noting that more funds would be approved after commissions assessed the damage.

Feds Move to Prevent Future Leaks of Official Secrets on U.S. Web Services

Federal authorities are acting to prevent future leaks of classified documents and warning government employees not to read the messages already published on WikiLeaks. – With government pressure squeezing the
WikiLeaks site off U.S.-based Web hosting services, federal officials
are turning their attention to preventing future embarrassing
leaks. U.S. Senator Joseph Lieberman issued a statement on Dec. 2 that
he will ask what quot;Web service providers will do…


Government increases milk premium

The Serbian government on Thursday adopted a decree, increasing milk premiums from RSD 1.5 RSD 4 per liter. The move was aimed at stabilizing supplies of milk both to the domestic market and for export, said a statement.

Cooperation is the means to development: Nitish Kumar

Nitish KumarBihar Chief Minister Nitish Kumar has called upon all parties, including the opposition to cooperate in the development of the state. Talking to reporters here on Tuesday, Kumar said: “”All of us together, whether we are in ruling side or opposition, we will work for Bihar and will take Bihar on the speedy path of [...]

Cyber Monday Crackdown: Government Shuts Down 82 Websites

Federal courts order the seizure of 82 Web site domains involved in selling counterfeit goods, the DOJ announced. – Attorney General Eric Holder and Director John Morton of the Department of Homeland Securitys Immigration and Customs Enforcement (ICE) announced seizure orders have been executed against 82 domain names of commercial websites engaged in the illegal sale and distribution of counterfeit goods and cop…