Speaking to the members of the National Assembly
belonging to the ruling Pakistan Muslim League-Q and allied parties at
the prime minister's house, the premier expressed the hope that all the
four provincial governments would also prove their capabilities by
giving their people good governance.
Earlier, the coalition parliamentary group
unanimously decided that the prime minister take the vote of confidence
from the special session of the National Assembly on Dec 30, before he
leaves for Saudi Arabia for performing Umra.
Jamali, it may be recalled, was elected to the chief
executive office on Nov. 21 last by a thin margin of one vote by polling
172 in the House of 342.
The parliamentary party meeting was convened at the
time when the PML-Q had decided to move a no-confidence motion against
party president Mian Mohammad Azhar but the decision was later rescinded
as a result of high-level intervention on Wednesday.
The prime minister thanked the MNAs who had reposed
confidence in his leadership and were again ready to participate in the
vote of confidence.
Jamali assured them that his government would focus
special attention on the uplift of far-flung areas of the country by
improving the infrastructure facilities as a first step.
OIL AND GAS SECTOR REFORMS TO CONTINUE
Petroleum Minister Nauraiz Shakoor on Thursday held
out a firm assurance to the investors on continuing with the policies of
restructuring and reforms in the petroleum sector aimed at minimizing
"Our Government is committed to ensuring
continuity of the policies of restructuring and reform in the petroleum
sector, so efficiently undertaken by the previous government," he
told an international workshop.
These policies, he stated, targeted at improving
energy availability, accessibility and affordability.
"Restructuring and Reform in Oil and Gas Sectors
Consultation Workshop with Stakeholders" was organized by the
Petroleum Ministry in collaboration with the World Bank.
WATER PLAN TO HELP BOOST ECONOMY: MUSHARRAF
President Gen Pervez Musharraf on Saturday said that
a massive programme of developing water resources undertaken over the
past two years would add 5.2 million acre feet of water to the existing
capacity and help alleviate poverty and boost the country's agro-based
"I am fully convinced that in addressing
poverty, unemployment and simultaneously to give boost to our agro-based
economy, we have to take water to the people where they need it
most," the president said while inaugurating the three-day
international conference on water management.
MOOT ON INVESTMENT
Prime Minister's Adviser on Investment and
Privatization Dr. Abdul Hafeez Shaikh signed on Thursday a Memorandum of
Understanding (MoU) with E-Commerce Gateway, Singapore for arranging an
international conference on investment and privatization in Muslim
A trade mission of Singapore will visit Pakistan from
January 12 to 17, 2003, to offer display and warehouse facilities to
Pakistani exporters in Singapore.
ICAP TEAM MEETS SBP GOVERNOR
The Governor, State Bank of Pakistan, Dr. Ishrat
Husain, has suggested to the Institute of Chartered Accountants of
Pakistan (ICAP) that the institute's consultative role to the SBP be
formalized, and proper terms of reference agreed upon.
WORLD BANK FOR EXPORT-LED GROWTH POLICY
The World Bank has asked Pakistan to adopt export-led
growth policy for economic turnaround and seek foreign investment in
dynamic and productive sectors instead of mega infrastructure projects.
The advice was conveyed to Minister for Commerce
Humayun Akhtar Khan by Dr. Pervez Hassan, who is currently leading a
World Bank mission to Pakistan.
Dr. Pervez Hassan was head of a special task force on
debt management but his recommendations approved by the Federal Cabinet
early last year could not be implemented as yet. He figured out
governance problems in the revenue collection side.
ROCCA TO HAND OVER $ 4.5M EQUIPMENT
Christina Rocca, the US Assistant Secretary of State
for South Asia is scheduled to visit the interior ministry where she
will hand over "communication equipment" to Pakistani
authorities, official source said.
Ms Rocca will hand over the
$4.5-million-communication equipment to Interior Minister Faisal Saleh
LENDING RISKS AND AFFORDABLE LOANS
Lenders want bankable projects and borrowers want
affordable loans. And the enabling environment, particularly policy
package of incentives for a kick-start for any sluggish business
activity, has to be provided by the government.
The market-based housing finance has yet to take off
with house-building finance agencies operating on the periphery of the
financial market. But housing finance can become mainstream banking
activity with the official support.
MICROSOFT, FAUJI SIGN AGREEMENT
Microsoft Pakistan and Fauji Foundation on Saturday
signed an enterprise agreement embarking upon a relationship that will
help Fauji Foundation institutions to introduce new and innovative
technology concepts in the organization.
According to a statement, Ms Shaheen Hussain, GM
Information Technology, Fauji Foundation, and Jawwad Rehman, Country
Manager, Microsoft Pakistan, signed the agreement.