ISLAMABAD: Pakistan Prime Minister Shehbaz Sharif on Sunday attended a panel discussion as part of his World Economic Forum engagements in Riyadh, where he highlighted “global inequity” as a major problem in addressing health care needs around the world.
Sharif made the remarks while speaking at a panel discussion, titled “Redefining Global Health Agenda,” during a special two-day meeting of the World Economic Forum (WEF) in the Saudi capital.
The prime minister spoke about a number of health care issues and recounted to the attendees how the COVID-19 pandemic had exposed health care “imbalances” across the world.
“Today, I think the first and foremost problem is global inequity,” he said. “Now look at COVID, it exposed these imbalances, gaps hugely. Imagine, global north and global south distribution of vaccines and so on and so forth.”
The prime minister highlighted climate change as another major factor affecting health care in the world, explaining the devastation caused in Pakistan by climate-induced floods in 2022.
“Pakistan does not contribute even a fraction of emissions yet we are on the red list of climate change and in 2022, we experienced the worst climate change floods in Pakistan, devastating everything from hostels, schools, lands, agriculture, everything,” he noted.
“And we had to invest hundreds of billions of rupees to rehabilitate people, but when it came to the question of seeking funds from abroad, those were loans, expensive loans.”
Sharif questioned how could a developing country afford such expensive loans to rehabilitate people who were affected by a crisis they did not contribute to.
The Pakistan prime minister arrived in Riyadh on Saturday to attend the WEF meeting on global collaboration, growth and energy. He was extended an invitation to attend the meeting by Crown Prince Mohammed bin Salman and Professor Klaus Schwab, the WEF executive chairman.
“PM Shehbaz Sharif and his delegation will present Pakistan’s priorities in global health, fintech, climate change, inclusive energy and rejuvenating growth,” the Prime Minister’s Office (PMO) said in a statement on X.
The PMO said Sharif will also meet Kuwait’s emir, Meshal Al Ahmed Al Jabr, and Saudi ministers of finance, industry and investment separately.
“The Prime Minister will also meet the Co-Chairman of the Bill & Melinda Gates Foundation, the Managing Director of the International Monetary Fund and the President of the Islamic Development Bank,” the PMO said.
Prior to Sharif’s departure, the PM Office said he would be accompanied by Foreign Minister Ishaq Dar and Finance Minister Muhammad Aurangzeb.
It said Sharif’s participation in the forum will afford Pakistan an opportunity to highlight its priorities in global health architecture, inclusive growth, revitalizing regional collaboration, and the need for striking a balance between promoting growth and energy consumption.
SHARIF, ISLAMIC DEVELOPMENT BANK PRESIDENT DISCUSS ONGOING PROJECTS
Sharif met Dr. Muhammad Sulaiman Al Jasser, the president of the Islamic Development Bank (IDB) during the sidelines of the WEF meeting to discuss the bank’s ongoing projects in the country.
The two sides reviewed the current progress of IDB’s projects in Pakistan. Sharif thanked the IDB president for the bank’s investment of $1 billion in Pakistan during his tenure, the PMO said.
The Pakistani prime minister thanked the ADB president for the bank’s financial support during the devastating 2022 floods in Pakistan.
“Both sides agreed to complete the IDB’s ongoing projects in Pakistan as soon as possible,” the PMO said. “Both exchanged views on finding new ways to enhance cooperation between Pakistan and the IDB.”
Sharif will also attend the 15th session of the Islamic Summit Conference organized by the Organization of Islamic Cooperation (OIC) on May 4-5 in the Gambian capital of Banjul to discuss a variety of regional and global issues, including Palestine, Islamophobia, climate change and the status of minorities, the Pakistani state-run APP news agency reported.
The session will be held under the slogan “Enhancing Unity and Solidarity through Dialogue for Sustainable Development,” according to a press release issued by the OIC General Secretariat.
The Islamic Summit is a principal organ of the OIC focused on the formulation, development, and implementation of decisions made by 57 member states. It is attended by concerned heads of state such as prime ministers, presidents, emirs and other equivalent heads.
At WEF session in Riyadh, Pakistan PM highlights ‘global inequity’ in health care
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At WEF session in Riyadh, Pakistan PM highlights ‘global inequity’ in health care
- Shehbaz Sharif cites the example of COVID-19 pandemic, distribution of vaccines in global north and south
- The Pakistan PM is in Riyadh to attend a two-day World Economic Forum meeting on global growth and energy
IMF team to arrive in Pakistan in coming week for talks on ‘next phase of engagement’
- Esther Perez Ruiz says IMF encourages better governance, wants to help with inclusive economic growth
- She says IMF mission team will be led by Nathan Porter and hold meetings with the Pakistani authorities
KARACHI: The top International Monetary Fund (IMF) official in Pakistan confirmed on Saturday the global lending agency will send a delegation to Islamabad next week to discuss the “next phase of engagement” with the government that has publicly expressed its interest in securing a larger and longer-term loan.
Last month, the country’s finance minister, Muhammad Aurangzeb, told a media briefing Pakistan was hoping to reach a staff-level agreement with the IMF for a new loan “by June or early July.”
His statement came at a time when the country’s short-term IMF loan program of $3 billion was about to expire after its successful completion.
However, he did not elaborate much on the government’s preference for the size and duration of the next loan facility, saying these issues would be discussed during negotiations with the IMF team.
“A mission team led by Nathan Porter, IMF’s Mission Chief to Pakistan, will meet with authorities next week to discuss the next phase of engagement,” Esther Perez Ruiz, IMF Resident Representative for Pakistan, told Arab News in response to a query.
“The aim is to lay the foundation for better governance and stronger, more inclusive, and resilient economic growth that will benefit all Pakistanis,” she added.
Some Pakistani media outlets recently reported that an IMF team was already visiting the country to discuss the bailout program under the Extended Fund Facility.
However, the IMF statement clarifies its mission is yet to arrive in Islamabad for negotiations.
PM Sharif seeks UK investment as Pakistan bolsters economic diplomacy amid financial recovery
- The PM highlights governance and institutional reforms by his administration in a meeting with the top British diplomat
- Pakistan has been actively urging countries worldwide to explore opportunities in mining, tourism and agriculture sectors
ISLAMABAD: Prime Minister Shehbaz Sharif expressed a keen interest in attracting investment from the United Kingdom during a meeting with British High Commissioner Jane Marriott on Saturday, as his administration continued active economic diplomacy by encouraging countries worldwide to explore opportunities in mining, tourism, information technology and agriculture sectors.
Faced with daunting financial challenges, Pakistan sought the International Monetary Fund (IMF) assistance and encouraged businesses and entrepreneurs from friendly nations to invest in the local market to reap benefits and help with the country’s economic recovery.
So far, the government’s focus has mainly remained on the Gulf states since the establishment of the Special Investment Facilitation Council (SIFC), a civil-military hybrid body, established last year to oversee foreign financing.
However, Federal Finance Minister Muhammad Aurangzeb announced earlier this week investors from the United States and European countries were also taking interest in putting their money in Pakistan amid its gradually recovering economy.
“Pakistan and the United Kingdom enjoy long-standing relations that are further strengthening with the passage of time,” the prime minister was quoted as saying by the state-owned Associated Press of Pakistan (APP) news service.
The APP also reported that Sharif highlighted his administration’s efforts to improve governance structures and introducing institutional reforms.
“He said that the government was taking measures at the micro and macroeconomic levels to recover the country’s economy,” the report said. “Moreover, he said the digitization process of the Federal Board of Revenue (FBR) was in the final stage.”
Pakistan serves notices to 12 cosmetic companies for ‘greenwashing,’ misleading marketing
- Competition Commission of Pakistan says these firms falsely claimed their products to be organic, chemical-free
- It asks customers to remain vigilant and report misleading advertising claims, health hazards caused by them
KARACHI: The Competition Commission of Pakistan (CCP) announced on Saturday it had served notices to 12 cosmetics companies for running “deceptive marketing campaigns” by engaging in “greenwashing,” falsely describing their products as organic and devoid of any chemicals.
The CCP is a regulatory agency with a fundamental mandate to ensure a level playing field for all market players and to protect consumers from anti-competitive practices, predatory behavior and price-fixing.
The CCP statement also highlighted that Section 10 of the Competition Act, 2010, prohibits misleading marketing practices and emphasizes “accuracy, integrity, reliability and truthfulness” in marketing communication to assist consumers in making informed purchase decisions.
“The Competition Commission of Pakistan has taken cognizance of deceptive marketing by the beauty products’ manufacturers and issued notices to 12 companies regarding their false and misleading claims,” the CCP said.
“CCP’s preliminary probe revealed that these Undertakings were prima facie engaged in ‘greenwashing’, advertising their products as ‘Natural, Organic, Sustainable, Pure, and Chemical Free’ without having any scientific evidence to support their claims,” it added. “Such unsubstantiated marketing claims not only mislead the consumers but also pose potential health risks.”
It added the notices issued by its officials could ultimately lead to responsible marketing practices prioritizing environmental integrity and consumer trust.
The statement also urged consumers to remain vigilant and report false advertising claims along with any health hazards caused as their consequence.
Japan defeat Pakistan in dramatic shootout to win 2024 Azlan Shah Hockey Cup final
- Japan seized an early lead with a field goal in the 12th minute, igniting a fierce contest that ended in a 2-2 draw
- The electrifying shootout phase led to Japan’s convincing 4-1 victory, helping the team clinch the Azlan Shah cup
ISLAMABAD: In a dramatic conclusion to the 2024 Azlan Shah Hockey Cup on Saturday, Japan defeated Pakistan in a penalty shootout after a tense 2-2 draw, dashing the Pakistan team’s hopes that had reached the tournament final for the first time since 2011 following a series of stellar performances.
Six teams participated in the event, including the tournament Malaysia, Pakistan, South Korea, Japan, New Zealand and Canada. Pakistan won the Azlan Shah Cup title three times in the past and was the second runners-up in the last edition which was also held in Malaysia two years ago.
Prior to facing Japan the second time in the tournament, Pakistan played against New Zealand on Friday in a match that ended in a tie.
“Today is the day we’ve all been waiting for,” the Pakistan Hockey Federation exclaimed in a social media post prior to the match. “The FINAL showdown of the Sultan Azlan Shah Cup is here, and our beloved Green Shirts are ready to take on Japan ... Let’s rally behind our team with all our support and cheers as they aim for glory on the field!”
In a riveting showdown, Japan seized an early lead with a field goal in the 12th minute, igniting a fierce contest that saw both teams neck and neck until the final whistle.
As regular time expired with the score deadlocked, the match escalated into an electrifying shootout phase.
When the dust settled, however, Japan had triumphed with a convincing 4-1 victory, clinching the cup and retaining their top position on the leaderboard where they already stood tall with 13 points right ahead of the final.
Pakistan, despite a valiant effort, were on the second place with two draws.
Pakistan drafts new social media regulatory law amid free speech concerns from digital activists
- The government says it wants the legislation to curb disinformation, hate speech on social media platforms
- Rights activists fear the authorities may curb online dissent instead of encouraging responsible Internet use
ISLAMABAD: Pakistan is working on a draft law to regulate social media to “protect digital rights” of millions of users, encourage responsible Internet use and regulate online content to prevent hate speech and disinformation, confirmed a senator belonging to the ruling Pakistan Muslim League-Nawaz (PML-N) party on Saturday.
The authorities have long struggled to regulate the social media content through different legislations, prompting critics to accuse it of trying to quell dissent. The popular social media platform X remains blocked in the country after widespread allegations of election manipulation in the wake of the February 8 national polls.
Earlier this month, the government notified a National Cybercrimes Investigation Agency to probe electronic crimes and is now working on another draft law related to the social media content, making digital rights activists describe it as yet another official attempt to stifle criticism online.
“The government is currently working on a draft law to regulate the social media content as we want to curb disinformation and hate speech being spread through these platforms,” Senator Afnan Ullah Khan told Arab News.
“A committee led by the federal law minister is discussing the draft law as we have to ensure people’s right to freedom of speech and freedom of expression as well,” he continued, ruling out concerns the government wanted to muffle its rivals and critics.
Khan said the draft law would be tabled in parliament within four weeks for discussion and debate.
“The opposition parties or any parliamentarian can object to any clause of the bill once it is presented in parliament for vote,” he said.
“We want to protect digital rights of our users instead of imposing any restrictions, but at the same time we want those to be prosecuted who violate the law by inciting hate speech and pedaling disinformation, or any content against the national security,” he added.
The draft law may propose establishment of a digital rights protection authority to ensure effective enforcement of laws, Khan informed, but “all this will be disclosed to the media and public once the bill is tabled in parliament for discussion.”
Digital rights activists said successive governments in Pakistan had drafted new laws or amended old ones to curb the dissenting voices on social media platforms and file criminal charges against journalists and activists to restrict freedom of speech and expression.
“The government should involve all stakeholders, including civil society and rights activists, while drafting the new law to prevent its misuse,” Sabookh Syed, President of Digital Media Alliance of Pakistan, told Arab News.
“The government may strengthen defamation laws to prevent social media misuse instead of making it a criminal offense that could lead to persecution of activists and violate constitutional guarantees related to free speech,” he added.
