LAHORE: The Federal Finance Minister, Dr Mubashir Hasan, has assured that the Gov­ernment has no intention whatsoever of acq­uiring gold, demonetising currency notes, freezing lockers or disturbing bank deposits. The assurance was held out by him at his meeting with the delegations of Lahore and Karachi stock exchanges … today [Oct 4]. …

This categorical declaration by the ... Minister was made in reply to a query by Mian Tajammul Hussain, President, Lahore Stock Exchange. Dr. Mubashir Hasan said some anti-social elements kept spreading rumours. He categorically refuted these rumours and explicitly wanted this to be known to the public. … The delegations … expressed their satisfaction over this clarification. — News agencies

[Meanwhile, as reported by news agencies from the UN,] United Nations General Asse­m­bly today [Oct 4] suspended its general debate at the request of African countries to prevent South African Foreign Minister Dr Hilgard Muller from speaking. The Africans asked the Credentials Committee to decide whether his delegation represented the people of South Africa. The suspension was approved.

Published in Dawn, October 5th, 2023

Opinion

Editorial

Budget for stabilisation
Updated 13 Jun, 2024

Budget for stabilisation

The proposed steps lack any “disruptive policy changes", especially to "right-size" the govt, and doubts remain on authorities' ability to enforce new measures.
State of the economy
13 Jun, 2024

State of the economy

THE current fiscal year is but another year lost. Going by the new Pakistan Economic Survey, which maps the state of...
Unyielding onslaught
Updated 13 Jun, 2024

Unyielding onslaught

SEVEN soldiers paid the ultimate price in Lakki Marwat on Sunday when their vehicle was blown up in an IED attack,...
X diplomacy
Updated 12 Jun, 2024

X diplomacy

Both states can pursue adversarial policies, or come to the negotiating table and frankly discuss all outstanding issues, which can be tackled through dialogue.
Strange decisions
12 Jun, 2024

Strange decisions

THE ECP continues to wade deeper and deeper into controversy. Through its most recent decision, it had granted major...
Interest rate cut
Updated 11 Jun, 2024

Interest rate cut

The decision underscores SBP’s confidence that economic stability is gaining traction.