Pakistan announces 5.7 trillion rupee budget

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Outgoing parliamentarians pose for a group photo after the National assembly session to present 2018/19 budget in Islamabad, Pakistan on Friday, April 27, 2018.(AFP / AAMIR QURESHI)
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Pakistan's Finance Minister Miftah Ismail presenting the annual fiscal budget for 2018-19 at the Parliament House building in Islamabad. Pakistan's economy is set to record its fastest growth since 2005 during the current fiscal year, authorities said on Friday. (Pakistan Press Information Department via AFP)
Updated 28 April 2018
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Pakistan announces 5.7 trillion rupee budget

  • Ruling Pakistan Muslim League-Nawaz presents sixth fiscal announcement as country gears up for polls in August
  • Opposition members had been demanding that the government announce the budget only for one quarter

KARACHI: Pakistan on Friday announced the federal budget for 2018-19 with a total outlay of 5.7 trillion Pakistan rupees and with a 6.2 percent growth target.

The government increased allocations for defense and cut development expenditures. Economists called it an “election budget.”

Dr. Miftah Ismail, who was sworn in as finance minister hours before his budget speech, presented the budget for the fiscal year amid uproar in the National Assembly of Pakistan.
The 2018-19 budget is the sixth presented by the outgoing Pakistan Muslim League-Nawaz (PML-N) government.
“The country has achieved 5.8 percent growth, the highest in the past 13 years, and the paces of growth cannot be compromised,” the finance minister announced.
Opposition members had been demanding that the government announce the budget only for one quarter. However, Prime Minister Shahid Khaqan Abbasi assured the parliament that the budget was being presented for continuity.
“Whoever makes the next government will have the right to make changes,” he said.
Ismail announced that with a backdrop of high growth, the size of the economy had increased from 22.385 trillion Pakistan rupees in 2013 to 34.396 trillion Pakistan rupees in 2018.
“The FBR tax collection target is 4.435 trillion Pakistan rupees for the next fiscal year,” Ismail said, adding that the increase in the tax base is expected to contribute to a tax rate cut.
“The target tax to GDP is 13.8 percent, the target budget deficit is 1.9 trillion Pakistan rupees or 4.9 percent of GDP, and the target net public debt to GDP is 63.2 percent,” Ismail said.
The current expenditure of the federal government was estimated at 4.78 trillion Pakistan rupees, and development expenditure set at 1.152 trillion Pakistan rupees.
“The share of current and development expenditure in the total budgetary outlay is 80.6 percent and 19.4 percent respectively,” Ismail said.
The defense budget has been set at 1.1 trillion Pakistan rupees from 999 billion Pakistan rupees, which is 18.5 percent of the total outlay.

“Another 100 billion Pakistan rupees has been allocated to the Armed Forces Development Program,” Ismail said.
The Public Sector Development Programme (PSDP) has been slashed to 800 billion Pakistan rupees next year. Under the PSDP, 47 billion Pakistan rupees is allocated for the Higher Education Commission, 37 billion Pakistan rupees for basic health and 10 billion Pakistan rupees for the prime minister’s youth programs.
Ismail said the aim was to keep the inflation rate in check, to below 6 percent during the fiscal year 2018-19.
Agricultural production was bound to increase with the government intending to continue implementing an agricultural policy in FY18-19, Ismail said. “Loans to the agriculture sector will increase to 100 billion Pakistan rupees,” he said.
Remittances are expected to be more than $20 billion by the end of the year, “which would be are record,” Ismail said, adding: “Forex reserves are expected to be $15 billion in FY18-19”.
The government allocated 342 billion Pakistan rupees and 174 billion Pakistan rupees for pension payments and subsidies. “The minimum pension has been increased to 10,000 Pakistan rupees from 6,000 Pakistan rupees and those above 75 years will get 15,000 Pakistan rupees,” Ismail said.
He announced a 10 percent ad-hoc relief allowance to civil and armed forces employees with effect from July 1.
Ismail announced the reduction of the super tax rate by 1 percent for both banking and non-banking companies.
The government announced a 25 billion Pakistan rupee special package for development in Karachi. “A large-scale desalination plant will be set up in Karachi to end the city’s water woes. The plant would clean 50 million gallons per day,” said.
He announced a reduction in the duty on the import of electric cars to 25 percent from 50 percent and the removal of regulatory duty.
As part of poverty alleviation efforts, the Benazir Income Support Program will get 125 billion Pakistan rupees from 121 billion Pakistan rupees, Ismail said.
“Under the CPEC government had made significant investments in the energy sector by adding 12,330MW to the national grid, initiating the Neelum-Jhelum hydro project in 2004, and setting up the 680MW Chashma Power Plant, which is now operational,” Ismail said.
The Federation of Pakistan Chambers of Commerce and Industry (FPCCI), the apex body of industrialists and traders, called the budget positive. “The measures taken for agriculture sector are encouraging,” said Waheed Ahmed, vice president of FPCCI.


US restricts food, metal imports on Uyghur forced labor concerns

Updated 23 November 2024
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US restricts food, metal imports on Uyghur forced labor concerns

  • Goods wholly or partially made by the sanctioned firms will be restricted from entering the US, says the Department of Homeland Security
  • China is accused of incarcerating over 1 million Uyghurs and other Muslim minorities in Xinjiang, although officials strongly deny this

WASHINGTON: The United States said Friday that it is barring imports from dozens more China-based companies — ranging from businesses in the metals to food industries — citing worries over forced labor.
Officials are adding around 30 entities to the Uyghur Forced Labor Prevention Act entity list, meaning that goods wholly or partially made by these firms will be restricted from entering the United States.
The new additions bring the total number on the list to 107, said the Department of Homeland Security.
The reason is that the companies were found to either source materials from China’s northwestern Xinjiang region or work with its local government “to recruit, transfer, and receive workers, including Uyghurs, out of Xinjiang,” said the US Trade Representative’s office.
Beijing has been accused of incarcerating over one million Uyghurs and other Muslim minorities in a network of detention facilities in Xinjiang, although officials strongly deny this.

The newly-targeted companies make goods ranging from agricultural to aluminum products, along with polysilicon materials.
They also mine and process metals like copper, gold and nickel, the USTR statement added.
Among them are companies tied to Chinese electric vehicle battery manufacturer CATL and China-linked Gotion too, a bipartisan US congressional committee noted on Friday.
Earlier this year, the House Select Committee on the Chinese Communist Party and others flagged CATL and Gotion’s ties to two businesses, Xinjiang Nonferrous and Xinjiang Joinworld.
Both were included in the latest update.
The committee’s chairman John Moolenaar and other lawmakers released a statement saying: “While we are pleased with this initial step, we remain concerned that CATL and Gotion’s supply chains are deeply tied to the Xinjiang region.”
The rule comes into effect on November 25.
“Companies should not secure unfair advantages by exploiting workers,” said US Trade Representative Katherine Tai.
“We will enforce our laws to address forced labor and prevent companies that violate workers’ rights from benefiting from the US market,” she added in a statement.
The Uyghur Forced Labor Prevention Act was signed into law in 2021.
 


Trump plans to assemble investigative teams to look into 2020 election, Washington Post reports

Updated 23 November 2024
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Trump plans to assemble investigative teams to look into 2020 election, Washington Post reports

WASHINGTON: US President-elect Donald Trump plans to assemble investigative teams at the Department of Justice to search for evidence in battleground states that fraud tainted the 2020 election, the Washington Post reported on Friday, citing a source.
Trump, who won the 2024 election but lost the 2020 election to President Joe Biden, has falsely claimed that he lost the 2020 election due to extensive voter fraud, a view shared by millions of his supporters.
Trump was indicted last year on federal charges for his attempts to overturn the election. The charges stemmed from an investigation by Special Counsel Jack Smith.
The Washington Post, citing two people close to Trump’s transition team, reported that Trump plans to fire the entire team that worked with Smith.


Dutch court weighs a lawsuit against arms sales to Israel

Updated 23 November 2024
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Dutch court weighs a lawsuit against arms sales to Israel

  • Opening the case at the court in The Hague, Judge Sonja Hoekstra noted: “It is important to underline that the Dutch State does not contest the gravity of the situation in Gaza, nor is the status of the West Bank”

THE HAGUE: Pro-Palestinian groups took the Dutch state to court on Friday, urging a halt to arms exports to Israel and accusing the government of failing to prevent what they termed a genocide in Gaza.
The NGOs argued that Israel is breaking international law in Gaza and the West Bank, invoking, among others, the 1948 UN Genocide Convention.
“Israel is guilty of genocide and apartheid” and “is using Dutch weapons to wage war,” said Wout Albers, a lawyer representing the NGOs.
“Dutch weapons are killing children every day in Palestine, including my family,” said Ahmed Abofoul, a legal adviser to Al-Haq, one of the groups involved in the suit. Israel furiously denies accusations of genocide as it presses on with the offensive in Gaza.
Opening the case at the court in The Hague, Judge Sonja Hoekstra noted: “It is important to underline that the Dutch State does not contest the gravity of the situation in Gaza, nor is the status of the West Bank.”
“Today is about finding out what is legally in play and what can be expected of the state if the state can be expected to do more or act differently than it is currently acting,” she added.
She acknowledged this was a “sensitive case,” saying: “It’s a whole legal debate.”
The lawyer for the Dutch State, Reimer Veldhuis, said the Netherlands has been applying European laws in force for arms exports.
Veldhuis argued the case should be tossed out.
“It is unlikely that the minister responsible will grant an arms export license to Israel that would contribute to the Israeli army’s activities in Gaza or the West Bank,” said Veldhuis.
The case comes one day after another court based in The Hague, the International Criminal Court, issued arrest warrants for Israel’s prime minister and former defense minister.

 


How COP29 outcome may impact countries most affected by climate change

Updated 22 November 2024
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How COP29 outcome may impact countries most affected by climate change

  • UN Climate Change Conference in Baku brought together policymakers, researchers and environmentalists from 200 countries
  • Discussions covered energy transition, climate finance, loss and damage funding and environmental cost of geopolitical tensions

BAKU, Azerbaijan: The 2024 United Nations Climate Change Conference concluded in the capital of Azerbaijan on Friday with climate activists, world leaders and investors reflecting on climate change’s global impacts and the urgent need for actionable solutions.

This year’s event emphasized financing mechanisms, particularly to alleviate the suffering of vulnerable nations, and especially the developing countries most affected by climate change.

COP29 — the 29th Conference of the Parties under the United Nations climate organization UNFCCC — ran from Nov. 11 to 22 and brought together policymakers, researchers, and environmentalists from 200 countries.

A dominant theme was energy transition, as fossil fuel emissions remain the biggest driver of global warming.

The UN reports that burning coal, oil, and gas accounts for more than 75 percent of global greenhouse gas emissions and roughly 90 percent of all carbon dioxide emissions.

“War creates a climate crisis not just where it happens; it pollutes air, water, and land,” said one of the participants at COP 29. (AN photo by Abdulrahman bin Shalhoub)

Policymakers argued that reducing reliance on traditional fuels and adopting modern energy solutions could significantly shrink the global carbon footprint and bring the world closer to net-zero targets.

The University of Exeter’s Global Carbon Budget recently projected total CO2 emissions to rise from 40.6 billion metric tons in 2023 to 41.6 billion in 2024.

COP29 has been called "the finance COP," referring to the significance of funding to put an end to the rapid increase of global temperatures. (AN photo by Abdulrahman bin Shalhoub)

Sharing his perspective on the COP29 negotiations and the change he hopes to see, climate activist Philip McMaster, known on social media as SustainaClaus, told Arab News he is campaigning for a a healthier environment for children.

“The message of SustainaClaus is ‘Make childhood great again.’ Why? Because we all had a childhood before,” he said on the sidelines of the conference. “It was either great or not, but it was a very important period of time, and that is what these negotiations should be about: how we make the world a better place for the next generations.”

He added: “I hope to see global change.”

DID YOUKNOW?

• In the first week of COP29, as a step to foster sustainable energy, Saudi Arabia signed an executive program with Azerbaijan, Uzbekistan, and Kazakhstan to strengthen collaboration on renewable energy development.

• The COP29 agenda included energy transition, finance, urbanization and Article 6.

• Climate finance was the main topic discussed in Baku, along with the need to raise funds for vulnerable nations.

Military activity also emerged as a significant environmental threat. Olga Lermak, communications lead at Greencubator, a Ukraine-based cleantech accelerator, noted the ecological devastation caused by war.

“War creates a climate crisis not just where it happens; it pollutes air, water, and land,” she said.

Harmony among people is a top priority to maintain a healthier environment, according to some activists. (AN photo by Abdulrahman bin Shalhoub)

Ukraine accounts for 35 percent of Europe’s biodiversity, including 70,000 plant and animal species, according to the World Wide Fund for Nature. Among its endangered animals are the sandy blind mole-rat, the Russian desman, and the saker falcon.

The country’s ongoing conflict with Russia has caused significant damage to that biodiversity, according to Lermak.

“I hope that the negotiations held here bring great solutions, something that will help us to move forward,” she said. “I hope it is not just conversations, not just talking, but real action after this.”

Opinion

This section contains relevant reference points, placed in (Opinion field)

Another key issue debated at COP29 was loss and damage funding — addressing “unavoided” damage caused by climate change in the most vulnerable countries as well as “unavoidable” damage such as that caused by rising sea levels. Investment in emissions reduction was one of the key solutions put forward for dealing with unavoided damage.

Researchers from the International Institute for Applied Systems Analysis and the Euro-Mediterranean Center on Climate Change estimate that the loss and damage needs of vulnerable countries will amount to between $130 billion and $940 billion in 2025 alone.

Gloria Bulus, team lead at Nigeria’s Bridge that Gap Initiative, emphasized that beyond highlighting loss and damage, there must also be a focus on delivering investment and implementing concrete solutions.

Gloria Bulus, team lead at Nigeria’s Bridge that Gap Initiative. ( AN photo by Abdulrahman bin Shalhoub)

“We are expecting a lot to be (invested) in terms of the loss and damage, so that it goes beyond the speeches,” she said.

Highlighting some of the pressing environmental challenges her country is facing, Bulus expressed her hope for “fair” negotiations.

“Negotiations have been very slow for us,” she said. “What we want is action. What we want is an outcome that favors people, where we have renewable energy transition.”

Among other steps, COP29 promised to secure “the highest ambition outcome possible,” proposing that wealthier countries contribute $250 billion annually to developing nations to support their efforts in tackling climate change.
 

 


UK car wash owners trafficked thousands of people from Middle East to Europe

Dilshad Shamo and Ali Khdir pleaded guilty at Cardiff Crown Court for their roles in a human trafficking ring. (Supplied)
Updated 22 November 2024
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UK car wash owners trafficked thousands of people from Middle East to Europe

  • Migrants from Syria, Iraq, Iran offered different tiers of service
  • Dilshad Shamo and Ali Khdir trafficked 100 people per week in trucks, ships and by plane

LONDON: Thousands of people from the Middle East were trafficked into Europe through a vast people smuggling network based out of a British car wash.

In an operation that at times resembled a travel agency, people from Syria, Iraq and Iran were offered different tiers of service to be smuggled into Europe by various routes. 

Two men pleaded guilty in a UK court on Friday to charges related to their roles in the people smuggling ring.

The UK’s National Crime Agency said Dilshad Shamo, 41, and Ali Khdir, 40, operated from the unlikely location of a car wash in Caerphilly, a town in Wales.

They were arrested in April 2023 after they had been placed under surveillance as part of an investigation that found they were trafficking about 100 people a week over a period of two years, the BBC reported.

 

 

The men used messaging and social media apps to advertise their services with videos from people who had made the journeys.

One video shows a man hidden in the back of a truck with other migrants.

“Lorry route agreement, crossing agreement with the knowledge of driver,” he says. “Here we have men, women and children. Thank God the route was easy and good.”

Another video shows a family traveling by plane. “We are very happy … this is the visa, may God bless him, we are really happy,” the migrant says.

Shamo and Khdir offered three tiers of service, the lowest being smuggling people into Europe by foot or vehicle; the next by cargo ships or yachts; and the highest level arranged travel by plane. 

The smuggling routes went through Turkiye, Belarus, Moldova and Bosnia and ended in Italy, Croatia, Romania, Bulgaria, Slovenia, Germany and France. The NCA said many of the migrants continued to the UK.

Payment was made using informal “hawala” money transfers through brokers based in Iraq and Istanbul.

Once a deposit was made, Shamo and Khdir would receive a message and arrange for the migrants to be transported by their specified route or timeframe. The two men used WhatsApp to communicate with people smugglers across Europe.

The NCA said they were part of a larger organized crime group and could have made hundreds of thousands or millions of pounds that is unlikely to be recovered, the BBC reported.

“Ali Khdir and Dilshad Shamo were leading a double life,” NCA Branch Commander Derek Evans said. “While on the surface they seemed to be operating a successful car wash, they were actually part of a prolific people smuggling group moving migrants across Europe and taking thousands in payment.

 

 

“We worked painstakingly to piece together their movements to prove their important roles in a group, from advertising their services through videos to boasting of successful trips on messaging groups.”

The UK’s Minister for Border Security and Asylum Angela Eagle said criminals like Khdir and Shamo put countless lives at risk by smuggling vulnerable people in a “shameless attempt to make cash.”

She added: “We are taking action against the people smuggling gangs and will stop at nothing to dismantle their networks and bring justice to the system.”

Shamo and Khdir pleaded guilty 10 days into their trial at Cardiff Crown Court and will be sentenced at a later date.

UK Prime Minister Keir Starmer made smashing people smuggling gangs a key pledge of his election campaign earlier this year.

He has vowed to treat traffickers like terrorists and announced a new Border Security Command with additional powers to track human traffickers and shut down their bank accounts.

Politicians in the EU are battling to stem public anger at rising immigration with more than 380,000 illegal border crossings made into the EU in 2023.

Many fear that if conflicts in the Middle East escalate, Europe could face a steep rise in illegal migration similar to 2015 at the height of the Syrian Civil War.