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General News: Pakistan


The Supreme Court on Monday asked the counsel for Pakistan Tehreek-e-Insaaf (PTI) and Pakistan Awami Tehreek (PAT) to consult their clients and inform the court by Tuesday (today), whether they are agreeable to an adjudication after it resumed the hearing of identical petitions against anti-government protests filed by Supreme Court Bar Association, all High Court Bar Associations and Islamabad District Bar. A four-member bench led by Chief Justice Nasirul Mulk observed that the bench is not supposed to mediate or arbitrate but to decide the current matter in accordance with the facts of petitions.

The army has categorically rejected the assertions that Army and ISI have been backing PTI and PAT in anyway in the current political stand-off. According to an ISPR press release, Army is an apolitical institution and has expressed its unequivocal support for democracy at numerous occasions. "It is unfortunate that Army is dragged into such controversies. Integrity and unity of the Army is its strength which it upholds with pride," the clarification concluded.
Prime Minister has assured all the Parliamentary leaders of political parties that he would neither resign nor go on leave. A joint declaration issued after a four-hour meeting of Parliamentary parties leaders here on Monday to discuss the prevailing political crisis in the country stated that political leadership has reiterated their resolve to uphold the supremacy of Constitution, and continuity of a democratic system. The parliamentary leaders further stated that the people had made great sacrifices for democracy and the political leadership would safeguard their sacrifices.
China has urged Pakistan to resolve problems through talks after protests in the country escalated on Saturday, leading to demands for Prime Minister Nawaz Sharif to resign. "China is highly concerned about the situation in Pakistan," Foreign Ministry spokesman Qin Gang said at a regular news briefing on Monday.
The US State Department on Monday reiterated that it vehemently opposed any attempt to rollback the political system in Pakistan through acts of violence. In a statement, the US State Department said it was closely reviewing the protests in Pakistan. It urged the stakeholders to refrain from resorting to violence and hold peaceful dialogue to resolve the issues.
President of China Xi Jingping will pay an important visit to Pakistan in the middle of this month to further strengthen their existing strategic and socio-economic partnership.
Chief Minister, Omar Abdullah has slammed the Narendra Modi-led Indian government for suspending talks with Pakistan over a cup of tea with Hurriyet Conference leaders saying that India had set up a difficult benchmark for resumption of talks. Omar Abdullah speaking on a variety of issues including the resolution passed by the so-called Jammu and Kashmir Legislative Council seeking resumption of dialogue with Pakistan, said cancellation of talks with Pakistan was demoralising people of the territory.
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Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-2.311 bln
Exports $2.027 bln
Imports $4.338 bln
WeeklyAugust 28, 2014
Reserves $13.582 bln