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Shifting Loyalty PPP PTI Rehman Malik JIT Current Account Deficit Dada Pota Show 25-06-2017

Dada Pota Show of 25-06-2017. The only program of business and economy in Pakistan.

Shifting Loyalty PPP PTI Rehman Malik JIT Current Account Deficit Dada Pota Show 25-06-2017

Dada Pota Show 25-06-2017 based on detailed discussion on Shifting Loyalty, PPP, PTI, Rehman Malik, JIT & Current Account Deficit.

Today, Dada G shared his opinion on important news that Babar Awan quits PPP, joins PTI & Current account deficit widens 177%.

DP

Pakistan Tehreek-e-Insaf gained one more veteran politician on Friday when Dr Babar Awan quit Pakistan People’s Party and joined the Imran Khan-led platform. On the occasion of joining, Awan said that he left the party after 21 years. “It’s time that I join the real opposition party,” the senator said. The PPP is rapidly loosing its members to the PTI, as former PPP leaders Firdous Ashiq Awan, Noor Alam Khan and Nazar Gondal also recently joined the party. Noor Alam Khan, who is a close aide of Asif Zardari, and former federal minister Firdous Ashiq Awan joined PTI on May 23rd and 30 respectively. Later, Nazar Gondal, who formerly served as a Federal Minister for Capital Administration & Development, joined the PTI on June 6. The PTI Chairman has welcomed the leaders into the party fold.

Pakistan’s current account deficit (CAD) widened by a massive 178% in the first 11 months (July-May) of the outgoing fiscal year, standing at $8.93 billion compared to $3.22 billion in the same period of previous year, according to data released by the State Bank of Pakistan (SBP) on Thursday. The enormous increase in the deficit suggests that the government has been unable to manage its balance of payments position over the 11-month period. With the difference between exports and imports being the biggest determinant of the current account balance, a deficit or surplus reflects whether a country is a net borrower or net lender with respect to the rest of the world.

By & large, Dada G & Pota G presented a very good show. We received huge feedback in the form of SMS & facebook posts. We received hits from 48 Countries and 22 cities of Pakistan. If you missed today’s Dada Pota Show, there is no need to worry because you are just a click away. You can download and listen it now. “Dada Pota” show on-air at www.dadapota.pk.

Parachinar Quetta Blast Shia Killings Kulbhushan Political Economy Dada Pota Show 24-06-2017

Dada Pota Show of 24-06-2017. The only program of business and economy in Pakistan.

Parachinar Quetta Blast Shia Killings Kulbhushan Political Economy Dada Pota Show 24-06-2017

Dada Pota Show 24-06-2017 based on detailed discussion on Parachinar Quetta Blast, Shia Killings, Kulbhushan & Political Economy.

Today, Dada G shared his opinion on important news Parachinar blast death toll hits 45 & Quetta Suicide attack targeting IGP Office claims 12 lives

DP

The death toll in Friday multiple blasts in Parachinar area of Kurram Agency has mounted to 50 as more injured died.

Authorities said initially 37 people were killed and more than 150 wounded when twin blasts tore through a market in Parachinar, a mainly Shiite area of Pakistan’s tribal belt. The death toll later mounted to 50 on Saturday as more injured breathed their last. The first blast detonated as the market was crowded with shoppers preparing for the Eid ul-Fitr festival. When people rushed to the site to rescue the wounded, a second blast took place. Basir Khan Wazir, the top government official in Parachinar later told AFP that apparently both the blasts were carried out by two suicide bombers. Officials transported 15 to 20 critical injured people to Peshawar. The death toll may further rise.

Prime Minister Nawaz Sharif called for security to be beefed up across the country as he condemned the attack, saying that no Muslim could ever imagine committing such a “horrific” act. Pakistan has seen a dramatic improvement in security in the last two years, but groups such as the umbrella Pakistani Taliban and other extremist outfits still retain the ability to carry out attacks. Local lawmaker Sajid Hussain Turi, the owner of the market, said bazaars in Parachinar had been barricaded off and vehicles banned from the area after multiple attacks have hit the city this year. There was no immediate claim of responsibility for Friday’s attack. Kurram, one of Pakistan’s seven semi-autonomous tribal districts, is known for sectarian clashes.

By & large, Dada G & Pota G presented a very good show. We received huge feedback in the form of SMS & facebook posts. We received hits from 44 Countries and 20 cities of Pakistan. If you missed today’s Dada Pota Show, there is no need to worry because you are just a click away. You can download and listen it now. “Dada Pota” show on-air at www.dadapota.pk.

Kulbhushan Mercy Petition JIT Pak-Russia FTA Political Economy Dada Pota Show 23-06-2017

Dada Pota Show of 23-06-2017. The only program of business and economy in Pakistan.

Kulbhushan Mercy Petition JIT Pak-Russia FTA Political Economy Dada Pota Show 23-06-2017

Dada Pota Show 23-06-2017 based on detailed discussion on Kulbhushan Mercy Petition, JIT, Pak-Russia FTA & Political Economy.

Today, Dada G shared his opinion on important news that Indian spy Kulbhushan Jadhav files mercy petition to COAS, seeks forgiveness.

DP

Indian spy Kulbhushan Jadhav has filed a mercy petition to Chief of Army Staff General Qamar Javed Bajwa, seeking forgiveness for his espionage, terrorist, and subversive activities, the ISPR said on Thursday. In his plea, Commander Jadhav has admitted to his involvement in espionage, terrorist and subversive activities in Pakistan and expressed remorse at the resultant loss of many precious innocent lives and extensive damage to property due to his actions. Seeking forgiveness for his actions, he has requested the Chief of Army Staff to spare his life on compassionate grounds, the ISPR said in a statement here today.

Jadhav had earlier filed an appeal to the Military Appellate Court, which was rejected. Under Pakistani law, he is eligible to appeal for clemency to the COAS (which he has done) and, if rejected, subsequently to the President of Pakistan. The ISPR also released a second confessional video of the Indian spy – in which he can be seen accepting his acts of terrorism and espionage – “so that the world should know what India has done and continues to do against Pakistan”, the ISPR said.

By & large, Dada G & Pota G presented a very good show. We received huge feedback in the form of SMS & facebook posts. We received hits from 42 Countries and 19 cities of Pakistan. If you missed today’s Dada Pota Show, there is no need to worry because you are just a click away. You can download and listen it now. “Dada Pota” show on-air at www.dadapota.pk.

Sports Economy Sugar Export Dhaka Fall Political Economy Dada Pota Show 22-06-2017

Dada Pota Show of 22-06-2017. The only program of business and economy in Pakistan.

Sports Economy Sugar Export Dhaka Fall Political Economy Dada Pota Show 22-06-2017

Dada Pota Show 22-06-2017 based on detailed discussion on Sports Economy, Sugar Export, Dhaka Fall & Political Economy.

Today, Dada G shared his opinion on important news that Fearing price instability, govt defers decision on sugar export.

DP

Economic managers of the country have put off a decision on more sugar exports in an attempt to keep prices stable in Ramazan following fears that industry giants may manipulate the situation to push prices up and earn billions of extra rupees. The move came in the wake of recommendation of the Sugar Advisory Board (SAB) to the government to allow export of 1.2 million tons of the sweetener without any time limit. The millers sought the government’s nod for further exports, though they had failed to ship the allocated quota earlier and got extension in the export deadline. In the past, sugar millers have exploited the permission for exports in order to increase prices in the domestic market and mint money from consumers. However, now, the Pakistan Sugar Mills Association (PSMA), an industry group, has agreed to commit “in writing that it will ensure price stability during the month of Ramazan.”

In a meeting of the Economic Coordination Committee (ECC) held on June 7, the participants noted that according to the PSMA, the sugar industry had produced a record quantity of the commodity, leaving a surplus, which was causing delay in payments to the sugarcane growers. The association underlined the need for convening a meeting of the advisory board in order to review the overall supply and stock position of the commodity and consider the request for further exports. Its request and SAB’s recommendations had been discussed in a huddle of the Inter-ministerial Committee held on May 25.The Ministry of Industries and Production told the committee that SAB, after reviewing the situation, had agreed on sugar production estimates of 7.043 million tons for crop year 2016-17 with carryover stock of 0.996 million tons. This would take the total quantity to 8.039 million tons. Of this, the country would consume 5.1 million tons and keep a buffer stock of 0.630 million tons for 45 days. Another 0.42 million tons would be exported as permitted by the government, which would take the total demand to 6.155 million tons.

After all this, the sugar surplus would be 1.844 million tons, of which SAB had recommended export of 1.2 million tons without any time frame. The committee noted that out of the 0.425 million tons allowed for export, the State Bank of Pakistan (SBP) had allocated a quota of 0.390 million tons. By May 22, around 0.308 million tons was exported, which constituted 72% of the permitted shipments. The Inter-ministerial Committee recommended that the decision on further exports should be deferred till the last week of Ramazan in order to maintain price stability during the month. However, it said the deadline of May 31 for sugar exports may be extended till July 31, which was approved by the ECC.

By & large, Dada G & Pota G presented a very good show. We received huge feedback in the form of SMS & facebook posts. We received hits from 41 Countries and 10 cities of Pakistan. If you missed today’s Dada Pota Show, there is no need to worry because you are just a click away. You can download and listen it now. “Dada Pota” show on-air at www.dadapota.pk.