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Saturday, July 6, 2013

DINA for the issue of July 06, 2013


Saturday July 6, 2013 | Shaba"an 26, 1434
The DAWN Internet News Alert (DINA) is a free daily news service from Pakistan’s largest English language newspaper, the Daily DAWN.

No radical shift in new anti-terror strategy

By Baqir Sajjad Syed and Iftikhar Ahmad Khan


ISLAMABAD, July 5: The PML-N government’s yet to be unveiled counter-terrorism policy renews the commitment to fight terror, but contains no radical shift in the strategy for dealing with the problem other than a rare acknowledgment that ‘enabling environment’ existed in the country for growth of extremism and terrorism.

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Karachi Stocks Up 210.49 Points:
KARACHI, July 05: At the close of trading, the KSE-100 index was at 22177.45, up 210.49 points.
Forex Update :
KARACHI, July 05: The Pakistani Rupee was traded at 101.05 to the US Dollar in the open market.

Nawaz, Li hold fruitful meeting: 2,000km road to link Gwadar with Kashgar

BEIJING, July 5: China and Pakistan set their sights on Friday on developing a transport link through rugged mountains and troubled lands, a route they hope will boost economic growth and bring critical oil supplies to power-hungry China much faster.

A broad agreement for the Pak-China economic corridor was among eight pacts signed following a meeting in Beijing between Chinese Premier Li Keqiang and Prime Minister Nawaz Sharif.

SC to decide fate of GST charged from backdate

By Nasir Iqbal

ISLAMABAD, July 5: The Supreme Court said on Friday it would determine at the next hearing whether general sales tax was recoverable on petroleum products from June 13 this year and on compressed natural gas (CNG) from July 1, 2007.

A three-judge bench, headed by Chief Justice Iftikhar Muhammad Chaudhry, said it would also determine whether the additional nine per cent GST prescribed under section 3 of the General Sales Act 1990 could be levied on CNG and, if so, was it not discriminatory.

$5bn from lenders expected in six months

By Khaleeq Kiani

ISLAMABAD, July 5: Pakistan is expecting to receive about $5 billion from multilateral lenders in six months following a deal with the International Monetary Fund (IMF) and from UAE’s Etisalat on account of privatisation proceeds of Pakistan Telecommunication Company Limited (PTCL).

A senior government official said that apart from more than $3 billion expected upfront from the IMF, two major multilateral agencies — the World Bank and Asian Development Bank — are expected to resume programme lending to Pakistan suspended for more than three years now and disburse about $400-500 million each by January 2014.

IMF scripts the tune

By Khurram Husain

IT’S the oldest script for any incoming government, and despite their best efforts to avoid using it, the new PML-N government has bowed to the inevitable.

The script always begins with the same words: “We inherited a broken economy.” Then come the string of inevitable measures, first of which is an approach to the IMF for a loan. Then come the price increases, followed by the shrill commentary in the media and the government goes on the defensive as the opposition smells blood.

Nawaz envoy meets Singh

By Jawed Naqvi

NEW DELHI, July 5: Pakistani premier’s special envoy Shaharyar M. Khan met Indian Prime Minister Manmohan Singh here on Friday and conveyed Islamabad’s “sincere desire” to move forward on improving relations with India.

He also delivered a letter from Prime Minister Nawaz Sharif containing warm expressions of goodwill and good wishes for Dr Singh, the government and people of India, a statement released by the Pakistan High Commission here said.

PTI chief not to attend meeting on national security

By Khawar Ghumman

ISLAMABAD, July 5: It may just be a coincidence, but Pakistan Tehreek-i-Insaf (PTI) chairman Imran Khan will be out of the country when Prime Minister Nawaz Sharif will be hosting a meeting of the heads of political parties to formulate a national security policy.

The absence of Mr Khan from the meeting will surely be noticed because the PTI has emerged as a major political force after the general elections and the party has been stressing the need for a national counter-terrorism strategy.

11 killed in suicide attack on Pak-Afghan border

By Saleem Shahid

QUETTA, July 5: Eleven people, including seven members of the Afghan border force, were killed and 12 others injured when a suicide bomber struck on the Afghan side of the Friendship Gate on the Pak-Afghan border near Chaman on Friday.

According to sources, a man on a bicycle blew himself up when members of Pakistan and Afghanistan’s border forces were checking people crossing the border.

Hazara official kidnapped in Quetta

By Our Staff Correspondent

QUETTA, July 5: A senior government official belonging to the Shia Hazara community, which is facing a ruthless persecution campaign launched by religious extremists, was reported on Friday to have gone missing, believed kidnapped.

Jannat Ali Hazara, a section officer of the health department, had left home on Thursday for his office in the Civil Secretariat on Thursday but he neither reached the office nor returned home, this was stated in a complaint lodged by his brother Sadiq Ali, also a government official. Police believe that Jannat Ali was whisked away by gunmen from near the bicycle stand outside the secretariat.

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