VoH Monitor
Tour de Pakistan by leaving for Gujrat from Rawalpindi, Geo News reported Tuesday. The cyclists will traverse 153 kilometers in the second phase.The participants vying for huge award money started the second phase from Ayub Park of Rawalpindi.Peshawar-to-Karachi Tour de Pakistan participants crossed 165 kilometers in the first leg of their race from Peshawar to Rawalpindi. Sui Southern’s Asif Junior excelled in the first phase followed by Imtiaz Hasan of Afghanistan. Wapda’s Zahid was on the third, Geo News reports.VoH Monitor
When I was elected president more than a year ago, Pakistan was in a grave condition, strained by terrorism and a ravaged economy. Countering the effects of a decade of dictatorship requires bold actions, some of which are unpopular. I am working with parliament to run a country, not a political campaign. The goal of our democratic government is to implement policies that will dramatically improve the lives of Pakistanis. In time, good policies will become good politics.Our economic crisis demanded an unprecedented response. On taxes, education, agriculture and energy, we have shown that we must adapt, reform and become self-sufficient. Terrorists do not want Pakistan to succeed. They want to distract us from preparing for a stable and prosperous future. But militants underestimate us. Just as our people refuse to be terrorised, our government refuses to be derailed from its course of fiscal responsibility, social accountability and financial transparency.
The war against terrorism has cost Pakistan not just in lives but also in economic terms, freezing international investment and diverting priorities from social and other sectors. Despite constant challenges on multiple fronts, we took the political hits and stuck with reform. Pakistan even met IMF criteria last month to receive the "fourth tranche", or £0.79bn, of its loan funding – no easy feat during a global recession. Corrupt governments don't reach this level of IMF partnership.
The World Bank, the European Union and the US have all applauded our accomplishments. This praise may be little reported, but it's far more important than the chimera of polls.The Nation
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“The government has earmarked Rs 30 billion for sugar, wheat and cotton, import-related subsidies, but it plans to limit the subsidy level to just Rs 15 billion in fiscal year 2010-11. Such subsidies on commodity imports like sugar, fertilizer and wheat are targeted at bridging the gap between market demand and local production. Importers of such commodities are being subsidised to keep the market prices low for consumers,” the sources said, adding that the subsidy on local produce such as fertilisers, sugar and wheat were mainly used to purchase the commodities from producers at a higher rate, and they were sold at subsidised rates in the market.
Regarding the subsidies providing relief to the public on essential food items through the Utility Stores Corporation (USC), the government has decided to maintain the existing level of subsidy at Rs 4 billion for the next fiscal year as well. The government is planning to reduce the level of subsidy on export of commodities produced in the country to Rs 2 billion in 2010-11 as against Rs 3 billion being given as subsidies in the ongoing fiscal year.However, the subsidies for research and development are set to increase from Rs 1 billion in 2009-10 to Rs 5 billion in 2010-11. These subsidies are provided to the export sector in order to enhance economic competitiveness of their export products such as textile and motorcycles exports. Agriculture subsidies, mainly for fertilisers and the Benazir Tractor Scheme, which stand at Rs 12 billion rupees in 2009-10, are to be reduced to Rs 2 billion in the next fiscal year. The subsidy for crop loan insurance scheme is to be maintained at Rs 2 billion in the ongoing fiscal year as well as in the next fiscal year, Dail Times reported.
Dialogue the only way forward: Salman Bashir
te dialogue only if it is based on equality, sovereignty and mutual respect. Speaking to journalists, Bashir said Pakistan was not desperate for talks contrary to the impression in India but that this was the only principled way forward. Salman Bashir crossed over from the Wagah border Friday afternoon following talks with his Indian counterpart Nirupama Rao and Indian Foreign Minister S M Krishna in New Delhi.Bashir refused to comment on whether there was any external pressure to hold talks with India and said that no date for the next round of talks had been decided.He maintained that the talks were only of an exploratory nature and that issues of Kashmir, Sir Creek, Water, Siachen and accidental border crossing were also discussed. Courtesy DawnVoH Monitoring desk
Earlier, Ishtiaq Baig, President and Dr. Ikhtiar Baig Secretary General of “Make-A-Wish” Foundation briefed the Prime Minister about the background and working of the Foundation.
Ishtiaq Baig informed that the Foundation has so far fulfilled the wishes of 100 children of which 50% have died.He informed that Make-A-Wish is an international organization serving in 37 countries and five continents. It is working in Pakistan for the last three years.
FIR lodged against PPP leaders, workers for anti-judiciary protest
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