The STI is down 0.6% at 3,241.92 at 3:17 p.m., pulling back sharply in the afternoon, tracking falls in Shanghai and Hong Kong bourses which extend losses after China’s weaker-than-expected December exports, sparking fears over a slowdown in Asia’s economic engine.
Posts Tagged ‘pm’
STI down 0.6% as at 3:17 p.m.; May pull back to 3,220-3,230: AmFraser
PM says ‘yes’ to Nawaz agenda
ISLAMABAD – Accepting the 10-point demands a day ahead of the ‘so-called ultimatumÂ’ given by Pakistan Muslim League (Nawaz), Prime Minister Syed Yousuf Raza Gilani said that in his telephonic contact with Mian Nawaz Sharif he had assured him that government would not lose the opportunity of steering the country out of crises on implementing his agenda.
He was addressing the press conference at Prime MinisterÂ’s House soon after talking to Nawaz Sharif assuring him that government was ready to implement his agenda for bringing improvement in governance.
Before his chat with Nawaz Sharif, Prime Minister Gilani secured approval of the same from President Asif Ali Zardari and also took into confidence the parliamentary leaders including PML-Q President Ch Shujaat Hussain, MQM chief Altaf Hussain, PPP-S President Aftab Ahmad Khan Sherpao, Functional League head Pir Pagara, JUI-F chief Maulana Fazlur Rehman, ANP President Asfandyar Wali Khan and FATA MPs leader Munir Orakazi. All these national leaders have endorsed the decision of Pakistan PeopleÂ’s Party and hence it has acquired the shape of national agenda, Premier added.
To a question Prime Minister said that he did talk about the ultimatum given to his government by Nawaz Sharif but he said that he was quoted out of context and he had not given any ultimatum. Premier further said that after expressing the governmentÂ’s affirmative response on 10-point demands of Nawaz Sharif he once again put the question about the next deadline of 45 days but Main Nanas Shari said that as the government seemed sincere in implementing the 10-point demands put forth by him for sprucing up the governance so there was no more deadline.
Nawaz Sharif further said that as the government wanted to implement his agenda for putting the house in order so there is no question of showing the door to Pakistan PeopleÂ’s Party in Punjab, Prime Minister quoted Nawaz Sharif.
Prime Minister Gilani further informed that on his suggestion Nawaz Sharif had agreed to form a Parliamentary Committee under the head of Senator Ishaq Dar to take up the issues concerning PML-N with government in furthering 10-point agenda given by Mian Nawaz Sharif which he termed ‘national agenda.’
Prime Minister said that PPP would definitely take PML-N on board while appointing new Governor Punjab when asked whether PPP would take into confidence while appointing this important administrative slot in Punjab.
To a question Prime Minister Syed Yousuf Raze Gilani said that his government was already working on the same lines to bring improvement in governance and to control leakage of funds from various corporations and state owned enterprises.
He said that the restructuring of Pakistan Railways, PIA, Pepco and Steel Mills was already on the agenda and in next cabinet meeting they would be going to discuss the ways and means to bring improvement in these state entities running into losses.
Prime Minister Gilani said that his government was pursuing the policy of reconciliation and referred to the unanimous passage of 18th Amendment, 19th Amendment, 7th NFC Award, political status granted to Gilgit-Baltistan and reforms package for Balochistan and termed it a result of the policy of reconciliation adopted by Pakistan PeopleÂ’s Party and expressed his partyÂ’s resolve to pursue the same in future as well.
To a question Premier Gilani said that in achieving these goals would only be possible through the active support of all the stakeholders in the Parliament and it was singular honour of the incumbent Parliament that it had done most of the legislation with consensus and hoped that they would be able to steer the country out of prevailing economic mess in same spirit of politics of reconciliation.
To another question about the following of Supreme Court verdicts Prime Minister said that PPP was having the singular honour of complete adherence to the each and every verdict of the apex court.
When his attention was drawn toward the governmentÂ’s non-implementation of NRO verdict of SC he replied that it was sheer bias when people talk about only one case out of 8,034 cases withdrawn under NRO and added that still the case on NRO is subjudice in the apex court and let the court take decision on the review petition of the government.
To another question about the fresh spate of target killing in Karachi he said that PPP in support of MQM and ANP would definitely bring normalcy to the port city which is the economic hub of the country and disturbance over their would have negative impact on the whole economy.
To a question about the allegations of corruption coming on his family members including his son in Haj scam Premier Gilani termed them as mere allegations and quickly added that the case of Haj scam was in the court and if someone have substantial proof he could submit the same in the court.
To a question about some of his wrong decisions Prime Minister said that out of over 10,000 decisions he had taken if some four or five decisions were wrong and said that it could be taken as error judgment. As the matter relating to some appointments were in the court of law and whatever would be the decision of the court it would be implemented in totality.
Responding to another question Prime Minister Gilani said that actually the persons who are hurling corruption allegations on him were targeting President Asif Ali Zardari and as he was defending him so they had also turned against him.
He further said that as President was the part of Parliament so it was his duty to defend him and this thing annoyed certain quarters, which had launched dirty campaign against him.
To another question he said that incumbent political dispensation was not going anywhere as for the first time in the history of the country the establishment was supportive of the political set-up and it was also for the first time that PPP and establishment were on one-page.
To another question he once again reiterated his governmentÂ’s stance that they would not bring any change in the blasphemy laws and added that during his chat with him Maulana Fazlur Rehman had also asked him about it and his reply was the same that government would not bring any change in the law.
Kosovo daily criticizes Serbian deputy PM
PriÅ¡tina-based daily Koha Ditore criticized Serbian Deputy PM Božidar Äelić over his statement about Serbia’s fight for Kosovo during his visit to Prizren.
Äelić visited Prizren on Christmas and spoke about Serbia’s “fight†for Kosovo and said that Belgrade would not renounce Kosovo.
India’s rise welcomed as positive factor: PM
Prime Minister Manmohan Singh Saturday said the world expected India to play a more important role in the global polity and economy as the country’s rise as an emerging nation was seen as a positive factor in international relations. “The world expects India to play a more important role in the management of global polity [...]
NRIs on electoral rolls soon, single card for diaspora: PM
India will merge the two visa facilitation cards that are issued to people of Indian origin and soon register non-resident Indians in the electoral rolls to help them exercise their franchise, Prime Minister Manmohan Singh said Saturday. “We recently reviewed the Overseas Citizenship of India Card and Person of Indian Origin Card. We have decided [...]
PM unveils new Power Reactor Reprocessing Plant
Prime Minister Manmohan Singh Friday dedicated the second Power Reactor Reprocessing Plant at Tarapur here, calling it “a significant milestone in India’s three-stage indigenous nuclear programme”. “I am delighted to be present at the historic occasion of the commissioning,” Manmohan Singh said at a function in Tarapur, around 100 km north of Mumbai. Recalling the [...]
Deputy PM travels to Kosovo for Christmas
Deputy PM Božidar Äelić will spend Christmas on Friday visiting several locations in Kosovo, his cabinet announced today in Belgrade. “This is an opportunity to wish peace and happiness to all Serbian citizens of Orthodox and other religions,” Äelić told Tanjug, adding that he will visit Kosovska Mitrovica, the Serbian Orthodox monastery of DeÄani, and the town of Prizren.
Deputy PM on blank resignation letters
Deputy PM Božidar Äelić says that blank resignation letters should be repealed by June.
He told daily Blic that transparency of financing of political parties would also be improved.
PM vies to shore up govt
LAHORE – Beleaguered Prime Minister Yousuf Raza Gilani Monday reached out to the opposition parties – PML-N and PML-Q -in a desperate attempt to shore up his government as clamour mounted for his resignation a day after MQM withdrew its support from the coalition.
With no headway reported yet in moves by PPP leaders including President Asif Ali Zardari to woo back MQM, Mr Gilani visited Lahore and met Punjab Chief Minister Shahbaz Sharif and PML-Q chief Chaudhry Shujaat Hussain to seek their support. Mr Gilani began the day with meeting Shahbaz Sharif at his residence. The meeting, which lasted for nearly two hours, ended without any breakthrough. However, both the leaders exchanged views on various matters with special focus on the prevailing countryÂ’s political situation in the country.
As per sources, Mr Gilani said difference of opinion was the beauty of democracy which had to be strengthened at all costs in the interest of the country. “If any party decides to sit on opposition benches in parliament, it can be persuaded through dialogue to come back.”
Mr Shahbaz told Mr Gilani that the PML-N wanted democracy to flourish and would not let anyone derail it. However, he said any decision on the current political situation would be taken at a party meeting being held in Islamabad today (Tuesday). Shahbaz apprised Gilani of his recent visit to Turkey and conveyed greetings of Turkish President Abdullah Gul and Prime Minister Tayyip Erdogan.
Before meeting the PM, Shahbaz met PML-N chief Nawaz Sharif and discussed the situation.
Nawaz Sharif also held a meeting with senior leaders of the party, including Punjab chief minister Shahbaz Sharif, and decided that his party would not join any efforts to “blackmail” the government, sources said. PML-N leaders say that they are cautiously watching the political crisis unfold and have not come to a final decision. “We will neither sink the government nor extend them our shoulder,” said Ahsan Iqbal, a PML-N legislator.
Mr. Iqbal said the crisis was of the government’s own making after two coalition partners MQM, JUI-F decided to withdraw at the federal level. “It seems they have a certain agenda to settle or bargaining to do,” Mr. Iqbal said referring to both departing parties, who remain in coalition with the PPP in the Sindh and Balochistan governments, leading analysts and politicians to speculate that both have left some room to manoeuver. “At the same time, we cannot be seen as bailing out a deeply unpopular government,” said Mr. Iqbal. “We cannot burn our political capital.”
After parleys with Shahbaz Sharif, Mr Gilani visited the Chaudhry brothers at their residence. After the meeting, Gilani told reporters that Shujaat never discussed the idea of replacing the prime minister. He said the PML-Q leadership has assured him that they would strengthen democracy and never support any action which might derail democracy. However, he said Mr Shujaat has told him that he has convened a meeting of PML-Q today (Tuesday) to consult party leaders regarding support to Gilani government.
Shujaat did not say whether his party would seek a no-confidence vote on Gilani, but said it would not try to “blackmail” the government, suggesting it was not after political favours. However, he made it clear that previously PML-Q had supported Gilani unconditionally, “but now the support will be conditional.”
The move to meet Chaudhry brothers assumed significance as the PPP chief and President Zardari had once described the PML-Q as the “qatil (killer) league”, holding the party responsible for the 2007 murder of his wife Benazir Bhutto as it had allegedly failed to provide adequate security to her.
JUI-F: The Jamiat Ulema-e-Islam sent a delegation of senior leaders led by Abdul Ghafoor Haideri to meet PML-Q chief Shujaat Hussain to ask him not to support the ruling coalition. Sources said the JUI told Shujaat that the government should be allowed to fall as it no longer enjoyed the support of the people. Talking to reporters after the meeting along with Shujaat, Haideri reiterated the JUIÂ’s demand that Gilani should resign as Prime Minister. Haideri also said the cabinet should resign as the government had lost majority in Parliament.
Alliance with DMK strong: PM
Prime Minister Manmohan Singh, who met Tamil Nadu Chief Minister M. Karunanidhi here, Monday said that ties with the DMK were “strong and cordial”. “The alliance with DMK is strong and cordial,” Manmohan Singh told public broadcaster Doordarshan on the sidelines of the 98th Indian Science Congress. Karunanidhi, who did not meet the prime minister [...]
Karunanidhi meets PM, says alliance is intact
DMK leader and Tamil Nadu Chief Minister M. Karunanidhi met Prime Minister Manmohan Singh at the Raj Bhavan here Monday morning and said the “alliance is intact”. The meeting at the Raj Bhavan lasted 25 minutes. Karunanidhi had not met the prime minister as expected Sunday, when Manmohan Singh arrived here. “The alliance is intact,” [...]
PM: Serbia will settle satellite debt in time
Prime Minister Mirko Cvetković says Serbia will pay before the deadline the satellite lease money it owes to an Israeli company.
There is money in the budget set aside for this purpose, Cvetković said in Belgrade on Tuesday.
Montenegrin PM on Serbian Church property
New Montenegrin Prime Minister Igor Lukšić has said that he would initiate a dialogue regarding assets of the Serbian Orthodox Church (SPC) in Montenegro.
He said that, although he himself was not a believer, in his capacity as the prime minister, he would “help make some radical forms of highlighting the marginalized problem”.
PM: 2011 will be better
EU accession will be foreign policy priority next year, which will be better than this one, Serbian Prime Minister Mirko Cvetković told B92.
He added that 2011 would still be a difficult year and that everybody needed to work harder, which would bring better results.
Croatian PM sacks four ministers
Croatian Prime Minister Jadranka Kosor on Monday dismissed four ministers from her cabinet, said reports from Zagreb. They include ministers of defense, finance, environment and culture.
Ex-Croat PM opposes extradition
Former Croatian PM Ivo Sanader stated before an Austrian judge on Monday that he does not wish to be extradited to Croatia. He is wanted in his country on corruption charges.
Daily: Albanian PM trafficked arms
Sali Berisha, who is currently Albania’s prime minister, was one of the chief arms smugglers during the war in Kosovo. This is according to a report in Belgrade’s Politika newspaper this Monday.
PM writes to Joshi, says ready to appear before PAC
Prime Minister Manmohan Singh has written to the chairman of parliament’s Public Accounts Committee (PAC) Murli Manohar Joshi and conveyed his willingness to appear before it in connection with the 2G spectrum scandal, officials said Monday. Manmohan Singh is understood to have written to Joshi days after his announcement at the Congress plenary session, government [...]
Brother of Montenegrin deputy PM remanded in custody
Montenegrin Deputy Special Prosecutor for Organized Crime Lidija VukÄević has remanded all arrestees in a Friday police action in Budva in a 48-hour custody.
In the early morning hours Friday, by order of the Supreme State Prosecutor’s Office, the police arrested ten persons, including Budva Municipal President Rajko KuljaÄa and Deputy Municipal President Dragan Marović, brother of outgoing Montenegrin Deputy Prime Minister Svetozar Marović.



