Pakistan’s Current Reserve of Foreign Exchange

Current Reserve of Foreign Exchange

Pakistan's foreign exchange reserves are dwindling by the day while Pakistan is struggling to get some cash from outside lenders. So far has not been able to get any cash. Saudi Arabia has offered some help in the form of deferred payment for oil imports. In the mean time foreign exchange reserves are depleting very fast. As of November 1, 2008 the total foreign exchange reserves in the country were US $6.758 billion said State Bank of Pakistan on Thursday. In this amount State Bank holds US $3.529 billion and rest of the amount US$ 3.228 is with the banks other than State Bank. Foreign exchange reserves has gone down to more than half during the last one year. Since beginning of … [Continue reading]

A Girl is Mauled by Dogs and Later Killed on the Pretext of an Honour Killing

girl mauled by dog

FOR IMMEDIATE RELEASE AHRC-STM-274-2008 October 26, 2008 A Statement by the Asian Human Rights Commission In May of this year a Jirga, an illegal tribal court, was held against a girl of 17 years in which she was declared as Kari (having had an illicit relationship with someone). This was done, according to the tribal traditions, to justify her earlier murder by members of her own family. The Jirga was held at Hajna Shah Goth, Ahmedpur, Pir jo Goth, Khairpur Mirs District under the chairmanship of Mr. Sain Allad Dad Solangi, the head of the Solangi tribe of Sindh province. According to the information, received only recently, after a land dispute, Ms. Taslim Solangi, age 17, was … [Continue reading]

Highest Security For Former President Pervez Musharraf

Highest security for former president Musharraf

Interior Ministry has issued very strict instructions to heads of all the security agencies in Pakistan including home secretaries, frontier corps, rangers and inspector generals of all the provinces to provide foolproof security to former President Pervez Musharraf. According to the notification issued by the Ministry, it is mandatory to provide optimum security to the former president where ever he goes. The Inspector General of the province will be responsible for his security. A bullet proof vehicle will be provide to former president along with the security escort on evacuated roads. Interior Ministry and security officials will stay in contact with the former president all the … [Continue reading]

Pakistani Troops Fire Across Line of Control

Pakistani Troops Fire Across Line of Control

Press Trust of India has reported that on October 27, 2008 Pakistani troops fired rocket-propelled grenades and mortars at Indian posts along Line of Control in Kashmir state. According to this news 10 shells were fired in a half-hour period in the Poonch District. No casualties were reported. Pakistan has not reported or commented on any such incident. Should we consider this incident anything significant? This is may be too early to say. Zardari was seeking good relations with India. In such situation starting such activities means what? Did Indians attack Pakistan and now they are blaming Pakistan. I don't know. However, such skirmishes are rountine things on Line of Control but the … [Continue reading]

Asif Ali Zardari Elected As New President

Asif Ali Zardari, aka Mr. 10 percent has been elected as new President of Pakistan. Congratulations to Pakistani nation on electing one of the their most corrupt politicians as their new President. His name has been synonymous with corruption and commission on projects during the two tenures of his wife as Prime Minister. Hence known as Mr. 10 percent. He is going to be one of the most powerful civilian President in the history of Pakistan. He is Co-Chair of the ruling Pakistan Peoples Party. There was a time when it was said that President should a neutral person representing the country. Now it is openly said that president and prime minister should be from the same party for … [Continue reading]

Nawaz Sharif, Asif Zardari and Iftikhar Chaudary – Head-On Collision?

Nawaz Sharif, Asif Zardari and Iftikhar Chaudary

Are they going to have a head-on collision. It seems so. Let us see what are their problems and how possibly they are going to tackle. Nawaz Sharif During the previous elections Nawaz Sharif had made very inflamed speeches against Pervez Musharraf. One of the issues he raised against Pervez Musharraf was removal of Iftikhar Chaudary then the chief justice of Pakistan supreme court. Nawaz Sharif and other politicians including PPP they did not have and still don't have any action plan for the development of the country so they look for such things on which they can create a sort of agitation and gather the people and get votes. All these politicians use the same strategy. Basically they … [Continue reading]

America or Any Other Country Should Not Interfer in Pakistan’s Affairs – Nawaz Sharif

America or Any Other Country Should Not Interfer in Pakistans Affairs

Democracy Don't Take Instructions From Anybody It Tells Them What To Do Asif Ali Zardari, Co-Chairman of PPP. This is what Nawaz Sharif (PML-N) and Asif Ali Zardari (PPP) said. Well, I have a couple of questions for both of them. When Benazir Bhutto and Nawaz Sharif were lobbying in the US and the UK to get back into Pakistani politics what you call that activity. That was not inviting foreign countries to interfere in Pakistan's affairs. When America was involved in drafting NRO (National Reconciliation Ordinance) that was not interference in Pakistani matters. When Nawaz Sharif approached Saudi King Shaikh Abdullah to get out of the jail that was not interference in … [Continue reading]