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PM Imran Probe Pulwama Attack CPEC Iran Taliban Relations Regional Politics Dada Pota Show 20-02-2019

Dada Pota Show of 20-02-2019. The only program of business and economy in Pakistan.

PM Imran Probe Pulwama Attack CPEC Iran Taliban Relations Regional Politics Dada Pota Show 20-02-2019

Dada Pota Show 20-02-2019 based on PM Imran Probe Pulwama Attack CPEC Iran Taliban Relations Regional Politics. Today, Dada G shared his opinion on important news that PM Imran offers to probe Pulwama attack if India shares ‘actionable intelligence’.

Prime Minister Imran Khan on Tuesday offered to investigate the Pulwama attack and act if India shares “actionable intelligence with Pakistan”.

In a video message to the nation, the prime minister responded to Indian allegations regarding Pakistan’s involvement in the attack which killed 44 Indian paramilitary soldiers and said he could not respond earlier owing to the “important visit of the Saudi crown prince”. Explaining that he did not want to divert attention from the visit, PM Imran said, “I am now responding to the Indian government.”

“India accused Pakistan without any evidence and without thinking how this [attack] would benefit us,” he stated. “Would even a fool consider sabotaging such an important [Saudi investment] conference?” the prime minister asked.

PM Imran continued, “We have been fighting against terrorism for the past 15 years. How will Pakistan benefit from such incidents?”

Stating, “I want to ask India if they want to keep living in the past”, the premier said, “We want stability.”

The premier asserted, “I say it clearly this is a Naya Pakistan and a new mindset.”

Offering to probe the Pulwama attack, PM Imran said, “Pakistan is ready to investigate the attack and act if India provides actionable intelligence. Not because we are under pressure but because it is our policy.”

“It is not in our interest that our soil is not used for carrying out attacks in other countries, nor do we want outsiders to come and carry out terror attacks here,” he added.

“We are ready for talks with India on terrorism,” he said while adding that “India talks about including terrorism in dialogue with Pakistan”. “Terrorism is a big issue facing this region and we want to eliminate it,” PM Imran asserted.

“Kashmiris are not afraid of death anymore. There must be a reason for that. Should there not be a discussion in India on this?” he asked. “Which law in the world allows everyone to become a judge and jury?”

Questioning whether India “wants to resolve the issue through military”, PM Imran said, “This has never been a successful measure.”

The premier continued, “I have been hearing and seeing on Indian media that politicians there are calling for revenge from Pakistan. If India thinks it will attack Pakistan then we will not just think but retaliate.”

“It is in one’s hands to start a war but not in one’s hands to end it,” he stressed. “The Kashmir issue like the Afghan issue will be resolved through talks,” he concluded.

The already sour relations between India and Pakistan have worsened over the past week as New Delhi piled blame on Islamabad for the Pulwama attack. Pakistan’s leadership has strongly refuted the allegations. Some 44 Indian paramilitary personnel were killed last week when an explosives-packed van rammed a convoy transporting 2,500 security forces in Pulwama, in the deadliest attack in Indian-occupied Kashmir in 30 years. By & large, Dada G & Pota G presented a very good show. We received huge feedback in the form of SMS & facebook posts. 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.

Pakistan Banao Certificates India ISIL PSL Political Economy Dada Pota Show 19-02-2019

Dada Pota Show of 19-02-2019. The only program of business and economy in Pakistan.

Pakistan Banao Certificates India ISIL PSL Political Economy Dada Pota Show 19-02-2019

Dada Pota Show 19-02-2019 based on Pakistan Banao Certificates India ISIL PSL Political Economy. Today, Dada G shared his opinion on important news that Pakistan Banao certificates fetch $1mln in two weeks.
The government managed to receive one million dollars from sale of ‘Pakistan Banao Certificate’ (PBC) launched less than two-week ago to replenish depleting reserves of foreign exchange, sources said on Monday. “At least 50 investors have remitted approximately $1 million to the State Bank of Pakistan’s (SBP) account maintained with the National Bank of Pakistan’s (NBP) New York branch,” a source, privy to the inflows said. The government launched a new scheme in late January to encourage million of Pakistanis living abroad to pour their dollars savings into PBCs, as it strives to improve dwindling foreign exchange reserves that has hit the economy. It’s neither a bond nor traded in international markets. It’s a primary market instrument. The source said the response has been better-than-expected as 5,000 investors have been registered with a web-based portal to procure the bonds. The demand is mainly emanating from Pakistani expatriates living in Europe and the United States. “We expect a nice response from the Gulf countries, especially the United Arab Emirates as well,” the source added. “We’re testing an appetite for this unique product from the overseas Pakistanis. We see more investment applications to be received in times to come given significant returns being offered on these certificates.” The dollar-denominated PBCs are being offered at higher yields than foreign bonds. The latest offering is 100 percent guaranteed by the government. The minimum investment limit is $5,000 with no upper limit. The government offers maturities of three and five years, with yields of 6.25 percent and 6.75 percent respectively. The six-monthly return on the certificates is set to London Interbank Offered Rate plus 400 basis points. Comparatively, yields on Pakistan’s five Eurobonds maturing during 2019 to 2036 hover between 6.6 to 8.2 percent. PBCs are being marketed by the consortium of six banks, including National Bank of Pakistan, Habib Bank, Allied Bank, JS Bank and Standard Chartered Bank. The transaction is being managed by the SBP and NBP, which provides services such as collection of proceeds, distribution of periodic payments (profit and redemption) and handling of investors’ queries with respect to investment in the certificates. To recall, Standard and Poor’s this week downgraded Pakistan’s long-term sovereign credit rating. The government is hoping the certificates will exceed the target amount of $1 billion by the end of June. The offering of the certificates will be closed on June 30. To catch up, the bank appointed by the government to market the certificate issuance needs to strengthen their connections and standing in the foreign countries. They must team up to help arrange meetings with Pakistani diaspora, which may result in higher inflows into PBCs. There are, however, some challenges to be addressed such as technical glitches the NBP can suffer that may leave investors unable to get certificates online. At a time when international funds transfers are coming under greater scrutiny because of security concerns, the PBCs will encourage overseas Pakistanis to send money through legal sources. “The funds under the scheme are routed through a bank account after a tough procedure of screening and know-your- customer,” an expert said. “Banks ensure transactions are not illicit and suspicious in terms of money laundering and terrorist financing.” Remittances from expatriates are an important source of foreign exchange for Pakistan. It remains a key source to manage current account deficit. “The certificates are unlikely to hamper the inflow of workers’ remittances into Pakistan,” a source said. “The ticket size of remittances is small as remitters send home up to $1,000-1,500. However, the amount of money invested by investors in the scheme starts from $5,000.” By & large, Dada G & Pota G presented a very good show. We received huge feedback in the form of SMS & facebook posts. 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.

Saudi Crown Prince Mohammed bin Salman Pulwama Attack Taliban Dada Pota Show 18-02-2019

Dada Pota Show of 18-02-2019. The only program of business and economy in Pakistan.

Saudi Crown Prince Mohammed bin Salman Pulwama Attack Taliban Dada Pota Show 18-02-2019

Dada Pota Show 18-02-2019 based on Saudi Crown Prince Mohammed bin Salman Pulwama Attack Taliban. Today, Dada G shared his opinion on important news that Saudi Crown Prince Mohammad Bin Salman arrives in Pakistan.

Saudi Crown Prince Mohammad Bin Salman has arrived in Pakistan on two-day official visit.

Prime Minister of Pakistan Imran Khan, Pakistan Army Chief General Qamar Javed Bajwa , members of the federal cabinet and senior civil and military officials warmly welcomed Saudi Prince Mohammad Bin Salman at Nur Khan airbase.

Mohammad Bin Salman plane landed at Nur Khan airbase at around 7:30 PM Sunday.

Chief of Army Staff, General Qamar Javed Bajwa arrived at Nur Khan airbase to welcome Saudi Crown Prince Mohammad Bin Salman.

Saudi Crown Prince Mohammad Bin Salman’s plane was being escorted by a formation of Pakistan Air Force (PAF) F-16 jet, as it enters Pakistani airspace. Saudi Crown Prince Mohammad Bin Salman’s plane enters Pakistani airspace.

PM Imran Khan has arrived at Nur Khan airbase to personally receive Saudi Crown Prince Mohammad Bin Salman.

Saudi Foreign Minister  Adel al-Jubeir arrives in Islamabad and welcomed by Pakistan’s Shah Mehmood Qureshi before the arrival of Saudi Crown Prince.

Saudi Crown Prince Mohammad Bin Salman is arriving in Pakistan on two-day official visit here on Sunday. The Saudi Prince will be accorded red-carpet welcome at Noor Khan Airbase. Prime Minister of Pakistan Imran Khan will personally receive the Saudi Prince along with cabinet ministers at the base and drive him to PM House office.

He will be presented 21-gun salute upon his arrival.

The crown prince is expected to leave Pakistan tomorrow (Monday) after signing a raft of investment agreements in the energy sector for more than $10 billion.

Meanwhile, Prime Minister Imran Khan said in an interview with Saudi Gazette said Saudi Arabia is very close to our heart in every respect. “It is only natural that Pakistan would always like to see it prosper in the most peaceful environment within and around its boundaries.

Crown Prince Mohammad bin Salman is arriving on a two-day visit to Pakistan which is being termed historic as the Saudi Arabia is due to sign MoUs worth billions of dollars. The crown prince is visiting Pakistan on the invitation of Prime Minister Imran Khan and will be accompanied by a high-level delegation, including members of the Saudi royal family, key ministers and leading businessmen. During his visit, the crown prince will hold meetings with President Arif Alvi, Prime Minister Imran Khan and Chief of Army Staff (COAS) General Qamar Javed Bajwa. A delegation of Pakistan’s Senate will also call on him and discuss ways to enhance parliamentary cooperation between the two countries. Ministers from Saudi Arabia will also hold meetings with their Pakistani counterparts to discuss bilateral cooperation. During Prince Mohammad bin Salman’s stay, Saudi Arabia and Pakistan will sign a number of agreements and MoUs in diverse sectors, including investment, finance, power, renewable energy, internal security, media, culture and sports. The two countries will also discuss ways and means to develop a robust follow-up mechanism to ensure effective implementation and quick progress on tangible areas of cooperation. The federal capital had been tastefully decorated to mark the occasion. Elaborate security arrangements had been made for the visiting dignitary and his delegation. A banquet would be held at the Prime Minister House in the honour of the crown prince. Imran Khan and Mohammad bin Salman would also address the banquet. The joint working groups of both the countries would hold meetings on various ventures of bilateral cooperation. The Board of Investment (BoI) would sign a number of memoranda of understandings to enhance cooperation between the two countries. A Supreme Coordination Council led by Mohammad bin Salman and Imran Khan will be launched during the visit for effective coordination and follow up to achieve mutually agreed objectives. A banquet would be held at the President House today, where President Dr Arif Alvi would confer the highest civil award on Mohammad bin Salman. By & large, Dada G & Pota G presented a very good show. We received huge feedback in the form of SMS & facebook posts. 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.

ECC PIA Bailout Moody’s Pakistani Banks Government Debt Political Economy Dada Pota Show 14-02-2019

Dada Pota Show of 14-02-2019. The only program of business and economy in Pakistan.

ECC PIA Bailout Moody’s Pakistani Banks Government Debt Political Economy Dada Pota Show 14-02-2019

Dada Pota Show 14-02-2019 based on ECC PIA Bailout Moody’s Pakistani Banks Government Debt Political Economy. Today, Dada G shared his opinion on important news that ECC approves Rs5.6 billion bailout package for PIA.
The Economic Coordination Committee of the Cabinet on Tuesday accorded approval for additional guarantees to PIA of Rs 5.6 billion for repair and maintenance of engines and acquisition of related spare parts for operationalizing grounded planes. The ECC in its meeting chaired by the Finance Minister Asad Umar here also approved measures for uplift of the cotton crop in the country. Secretary Ministry of National food Security & Research gave the meeting a detailed presentation on issues and challenges in the cotton sector. Experts in the field of cotton growing who were specially invited to the meeting also gave their input for developing the cotton crop. ECC decided that Ministry of NFS&R will present, within 30 days, a plan for strengthening research and development services for different crops with particular focus on cotton. The Ministry will also submit plan for revitalization of federal institutions tasked with the responsibility of developing the cotton sector. ECC also directed Ministry of NFS&R to expedite efforts for implementing PB Ropes technology to counter the pink bollworm which impedes cotton growth. The meeting directed that Ministry of Industries and Production would take measures for recovery of cotton cess from textile mills so as to give impetus to cotton promotion activities, which are to be funded through the cess. The meeting accorded approval for additional guarantees to PIA of Rs 5.6 billion for repair and maintenance of engines and acquisition of related spare parts for operationalizing grounded planes. The step would strengthen PIA’s route rationalization initiatives and add to revenue generation of the national flag carrier. The Ministry of Maritime Affairs briefed the meeting about various concessions granted to the Gwadar Port and Gwadar Free Zone. ECC directed that BoI, Ministry of Planning, Ministry of Maritime Affairs, Law Division and FBR to review the proposals and revert to the Committee. ECC in consideration of proposal submitted by Petroleum Division gave its consent for the Frontier Oil Company to undertake/implement the Machike -Tarujabba Oil Pipeline project. The project, consisting of three sections i.e. Machike-Chak Pirana, Chak Pirana-rawat and Rwat-Tarujabba, aims at transportation of High Speed Diesel and Motor Spirit. The Ministry of Maritime Affairs briefed the meeting with regard to the location of any new LNG terminals in the country as well as the assessment of requirement for relocation of the existing terminals. The Committee took note of the presentation and directed the relevant Ministries to work out the medium to long term requirement of LNG in the country and present the same to the Committee. By & large, Dada G & Pota G presented a very good show. We received huge feedback in the form of SMS & facebook posts. 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.