PESHAWAR: The Khyber Pakhtunkhwa Local Government Department has failed to develop a financial management system for the Town Municipal Administrations (TMAs) despite the passage of four years. The Local Government Amendment Act of 2019 approved the development of a financial management system for the TMAs. At present, the personal ledger accounts of all TMAs in the province are frozen, affecting their financial affairs. The LG department will contact the Accountant General directly for this purpose. In addition, the LG Department will ensure the necessary legal protection for the implementation of the financial management system in all TMAs in the province by June 2024.

Election strategist prashant kishor (Prashant Kishor) has given his reaction on this amidst the ongoing ruckusregarding 'One Nation, One Election'. prashant kishore said that this is because earlier it was applicable in the country for 17-18 years. Second, in abig country like india, where I myself have been associated with elections, every year 25 percent of india votesapproximately. 'The public will have to take a decision only once'Mentioning its benefits, prashant kishor also told that it will save expenses and accountability will also be fixed. If the intention of the government is right, then this thing should happen, it is beneficialfor the country.

Caretaker Prime Minister Anwaarul Haq Kakar chairs the first meeting of the federal cabinet in Islamabad on August 18, 2023. PHOTO: PIDSaudi Arabia will invest up to $25 billion in Pakistan over the next two to five years in various sectors, Caretaker Prime Minister Anwaarul Haq Kakar said on Monday, adding his government would also revive a stalled privatisation process. PM Kakar, speaking to journalists at his official residence, said Saudi Arabia's investment would come in the mining, agriculture and information technology sectors, and was a part of a push to increase foreign direct investment in Pakistan. There was no immediate response to a Reuters request to the Saudi Arabian government for comment on Kakar's remarks. Recently Pakistan added struggling state-run Pakistan International Airlines to the privatisation list again.

Pakistan is pushing for the visit of Saudi Crown Prince Mohammed bin Salman, who is traveling to India later this week for the G-20 summit. The reason Pakistan is keen that the Saudi crown prince undertakes visit to Islamabad, even for a few hours, is to avoid a possible public backlash. In February 2019, when the Saudi crown prince undertook a visit to India, he also travelled to Pakistan. In this situation, it has become even more important for Pakistan that MBS visits the country, sources said. The Saudi crown prince had earlier postponed his visit to Pakistan in November last year.

MULTAN - In a recent series of operations spearheaded by Customs Intelligence Multan, a resolute crack­down on smugglers has resulted in the seizure of non-custom paid articles with a staggering esti­mated value of Rs 671 million. According to official sources, these decisive raids unfolded throughout the month of August 2023, targeting illicit trade and non-custom goods. The seized inventory encompasses a diverse array of items, including luxury vehicles, textiles, prohibited narcotics, gutka, cigarettes, and Iranian diesel, among others. These actions signify a re­sounding victory in the battle against smuggling, further underscoring the commitment of the Cus­toms Intelligence team in Multan to protect the na­tion’s economic interests. The Customs Department’s resolute actions send a clear message that smugglers and those in­volved in illicit trade will face the full force of the law as efforts to safeguard the nation’s economic integrity continue.

According to the purported social media posts, the National Accountability Bureau (NAB) had recovered a substantial sum of Rs97 billion from Marri’s residence. However, the news turned out to be fake as exposed by X handle “Expose Propaganda”. Read more: BISP mobile registration vehicles launchedLegal notice being sent to all peddlers of fake& baseless news about me.I’m proud of the fact that in my 21yrs of political journey,I’ve worked hard with sincerity& dedication. pic.twitter.com/0la042Xtwa — Shazia Atta Marri (@ShaziaAttaMarri) September 4, 2023A day earlier, Marri had expressed her gratitude to those who debunked the fake news. Will be taking legal action against those who’ve spread this fake news,” she wrote.

The prime minister, while presiding over a meeting of energy sector in Islamabad, issued firm directives to expedite actions against electricity defaulters. During the meeting, PM Kakar was briefed in detail about all sections of the energy sector. The prime minister was also informed about the energy mix in power production. The prime minister also directed to immediately start work on the construction of 2,400 MW solar power projects while ensuring transparency in the entire process. The government, he said would take all possible steps to reduce the circular debt of the power sector.

PML-N leader Atta Tarar said former chief minister Pervez Elahi and Moonis Elahi have to account for their corruption in Punjab. Tarar while talking to the media said around Rs120 billion were consumed in the master plan of Lahore alone. “Today there are talks of contempt of court on the police officers, what is the fault of the police officers”, he questioned. Passing such an order that the criminal should be dropped at home was the contempt of court in actual sense”, Tarar went on saying. Tarar while speaking said that a new tradition had been set that the accused persons in mega corruption cases were being escorted to their homes.

The President expressed these views in his special message issued on the eve of Pakistan Defense Day falling on September 6. The September 1965 war, he said, was an enormous challenge that the nation faced with courage. “During the war, the Pakistan armed forces displayed their professional capabilities and successfully thwarted the aggressive ambitions of the enemy that is much bigger than their size”, he said. Barrister Sultan Mahmood Chaudhry said that our armed forces had the full support of the people in this war. He said that dialogue between India and Pakistan on the Kashmir issue would not be successful unless the persecution of the Kashmiris by the Indian forces was stopped.

P K questions intention of Modi government on 'one nation-one election'Patna, Sep 4 (UNI) Noted poll strategist Prashant Kishore on Monday questioned the intention of Narendra Modi government behind its move on ''one nation-one election'', saying it would prove to be beneficial for the country only if implemented without any ulterior motive. Kishore told media persons during his Suraj Yatra in Muzaffarpur that one nation-one election was a good idea but it should be implemented by the government without any ulterior motive. If government had any implicit agenda over its move for one nation-one election, then it's result could be doubtful, he added. It was true that one nation-one election was in practice till twenty years after independence but later it was discontinued, he pointed out. People should vote for bright future of their children which could be possible only with quality education and good job opportunities, he suggested.

The objective economists are convinced that the main reason for the ongoing electricity crisis in the country is the agreements signed with the IPPs between 1994 to 2005. The caretakers have simply put the IPPs review on the ‘Elected Government’ as if these agreements were not signed by the successive elected governments. Only a few blessed ones have seen the agreements that were signed by Islamabad with ‘foreign’ investors. Contrarily, the President of the Islamic Republic of Pakistan has been seen helpless in transferring his own staff. Under the circumstances, so what if the issues related to population growth, health and education are no longer under discussion.

Prominent Pakistani celebrities Maya Ali and Ahmed Ali Butt have taken to their Instagram Stories to express their frustration and concerns about the economic turmoil currently affecting the nation. As the cost of living continues to rise and economic challenges persist, these actors have used their social media platforms to highlight the issues faced by ordinary citizens. Her message resonated with many Pakistanis who have been grappling with the impact of rising prices and economic instability. Meanwhile, actor and comedian Ahmed also voiced his concerns on Instagram, directing his attention toward a cricket match being played amid the country's economic struggles. These issues have sparked protests and demands for economic reforms from various sectors of society.

pic.twitter.com/ESaM44RIny — Raffaele (@ItalianoCalcio) September 3, 2023If Italiano expected the goal to wake his side up, he was sorely mistaken. Inter continued blitzing forward every time Fiorentina lost the ball—which was a constant occurrence—and threatened to add another at any moment, with Thuram particularly missing again. Dimarco), Martínez 53’ (ass. Fiorentina was pretty bad to start last season as well and nearly got a couple of trophies. Let’s all touch some grass outside and relax a little bit instead of going into full Poggibonsi mode.

Conjunctivitis, also known as pink eye, is on the rise in the city and neighbouring urban regions, according to the Sindh Health Department. This pink eye virus can be caused by viral and bacterial infections, or allergies. Bacterial conjunctivitis, which is more common in school-aged children than in adults, is known to occur from December to April. Symptoms of bacterial conjunctivitis include redness, streaking, swelling, itching, or burning in the the eyes. Bacterial cases may also involve pus discharge from the eye and increased tearing, leading to the eyelids sticking together.

Businessmen have urged the government to control dollar flight besides bridging the gap between inter-bank and open market exchange rates. “A widening divide between inter-bank and open market dollar rates and an uncontrolled dollar flight are posing a new challenge to the trade, industry and economy,” said Lahore Chamber of Commerce and Industry (LCCI) President Kashif Anwar in a statement. While calling it an alarming exchange rate gap, he stressed that it was causing significant economic repercussions and adversely affecting the competitiveness of various sectors. Citing examples of regional economies, the LCCI chief said that the difference between inter-bank and open market dollar rates in India was INR 0.13252, in Bangladesh, it was 0.25 taka and in the UAE it was AED 0.0006. Like Business on Facebook, follow @TribuneBiz on Twitter to stay informed and join in the conversation.