ARY News 12 PM News Bulletin | 22nd June 2024 | Latest News
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00:00Welcome to Bulletin.
00:13The APEC summit of the Special Investment Council has been approved.
00:18The Prime Minister has requested for the APEC summit of the National Action Plan.
00:22The military will also participate in the summit.
00:25The APEC summit will also discuss security issues in Pakistan and China.
00:32All ministers, governors, chief secretaries, interior ministers,
00:36defence ministers and relevant authorities will also participate in the summit.
00:44Under the leadership of Mohsin Naqvi,
00:46foreign countries, especially Chinese citizens,
00:48have been assessed for their security measures in the APEC summit.
00:51Mohsin Naqvi instructed the SOPs of the security plan to monitor the plan.
01:00There is no room for negligence in the security plan.
01:03Related agencies should keep in touch in order to address the issues of the enemy.
01:07The Ministry of Interior and other relevant agencies
01:10briefed the security plan on the overall situation.
01:13The Secretary of the Interior, Sir Baran Akhtar and other officials participated in the event.
01:23The APEC summit is a political meeting between Pakistan and China.
01:26Prime Minister Shahbaz Sharif's Chinese minister, Liu Jianchao,
01:29had a conversation with him.
01:31Shahbaz Sharif said that Pak-China friendship is essential for the development of both countries.
01:37He said that Pak-China friendship has been tested.
01:40The Prime Minister also praised Xi Jinping and China's vision of leadership.
01:44The Chinese minister said that Pakistan and China are strategic partners and trustworthy friends.
01:48China has given Pakistan a special place in its foreign policy.
01:52In the meeting, the new prime minister, Ishaq Dar,
01:54the deputy minister and the army chief general, Syed Asim Munir, were also present.
01:58The prime minister also gave a greeting to the Chinese delegation.
02:03The army chief general, Asim Munir, was met by the deputy minister of the Communist Party of China,
02:08the Central Committee of the People's Department.
02:11He discussed the issues of regional peace and stability as well as international interest.
02:16The ISPR said that the meeting was a review of Pak-China economic leadership.
02:21The army chief also reiterated the complete cooperation with China
02:24for the Belt and Road Initiative of China's Continuous Assembly for Imaginative Partnership.
02:31The Chinese minister said,
02:32I am repeating after successful meetings between the leadership of both countries.
02:36In the meeting, Xi Jinping and Xi Jinping expressed confidence in the progress made on CPEC.
02:44The IMF, a virtual negotiation between Pakistan and the IMF,
02:47welcomed tough economic decisions in the budget,
02:50praised the strong character of the political parties,
02:53praised the limitation of tax cuts for the betterment of the economy.
02:57The IMF's delegation can come to Pakistan in the last week of June to discuss the new loan program.
03:02Pakistan has acted on the preliminary conditions before the new program.
03:06The IMF expects that the budget for the next financial year will be approved by 28 or 29 June.
03:14In the first quarter, a significant reduction was recorded in Pakistan's current account loss.
03:18According to the State Bank,
03:20the current account loss was $46.4 million by July-May 2023.
03:26In the first quarter of last year, the loss had reached $3.76 billion.
03:31In May last year, the current account loss was $27 billion.
03:35In April 2024, the current account loss was $49.9 billion,
03:39while in May 2023, the current account loss was $15.5 billion.
03:45The next financial year will be $28.8 billion and $48.4 billion.
03:52The price of Tarsilat-e-Zar is 27.9 crore and 30 lakh dollars.
04:01The economy can be treated not with Panadol but with surgery.
04:04An economic emergency should be initiated in the country.
04:06Mustafa Kamal-e-Kamil, in his speech to the National Assembly,
04:08demanded to give property to the members of the political parties.
04:12He said that all political leaders should kill their women for the country's economy.
04:16Nawaz Sharif, Raiwind Mahal, Asif Zardari, Bilawal House, Bani PTI, Bani Gala should be killed.
04:21The National Assembly should give 25% of its salary to the country.
04:27I request the National Assembly of Pakistan to declare a financial emergency in Pakistan.
04:34After declaring the financial emergency, what should be done?
04:38It should be initiated from this House.
04:41It should be initiated from our leaders.
04:45Nawaz Sharif has Raiwind Mahal.
04:48Imran Khan has Bani Gala.
04:51Zardari has Bilawal Houses in all the cities.
04:54Why don't they give all the houses to Pakistan?
04:58We are here to declare that we give 25% of our property to Pakistan.
05:08When all the retired generals retire, they get 150 billion rupees worth of property.
05:21They should also give 50 crore rupees to Pakistan.
05:25People are suffering because of the people who run this country.
05:31Journalists, politicians, politicians should all contribute Rs. 1000 billion to repay the loan of Rs. 78000 billion.
05:44After that, go out and talk to the people.
05:48Don't make things difficult for the government.
05:51People's Party, Rukn-e-Kamil Assembly, Miza Ikhtiyar Beg say that the export industry is not going above 30 billion.
05:57Show-buys are already facing difficulties.
06:00Taxes on imports will increase.
06:03Expenses will increase.
06:05This budget does not show any direction.
06:10It has nothing to do with growth, industrialization, job creation.
06:15The export industry is not going above 30 billion.
06:19It has become stagnant.
06:21The whole world supports exporters.
06:24You are getting 30 billion dollars from there, which is equal to remittances.
06:28For God's sake, don't take this at risk.
06:32The duties imposed on agri-inputs will increase our cost of production.
06:37There will be a flood of inflation.
06:41There is more, but there is a break here.
06:43Stay with us.
06:50Welcome to Break.
06:51Opposition leader Umar Ayub says that CPEC is very important.
06:54Today, our friend Chin is saying, get your house in order.
06:57Otherwise, CPEC is in danger.
06:58Yesterday, hundreds of our people were arrested in Punjab.
07:00Our eyes are on you.
07:01Take action against IG Punjab.
07:05This is a gross failure of all our intelligence agencies.
07:10Today, our friend, China, has come and said that CPEC is very important.
07:15Today, our friend, China, has come and said that CPEC is very important.
07:18Today, our friend, China, has come and said that CPEC is very important.
07:22Today, our friend, China, has come and said that CPEC is very important.
07:27Today, our friend, China, has come and said that CPEC is very important.
07:30CPEC's project is very important for Pakistan.
07:32CPEC's project is very important for Pakistan.
07:34For this reason, we are being told to get your house in order.
07:37Otherwise, CPEC's future investments are in danger here.
07:42Asif Ali Zardari, your Mian Nawaz Sharif, Mian Shahbaz Sharif, your Hussain Nawaz, Hassan Nawaz, your Sharjeel Memon, Faryal Talpur, all these names,
07:53by bringing them person-specific amendments, by dry-cleaning them with Surf and Bright, they were made to stand there,
08:01and neutral legal assistance was terminated, and proof was made inadmissible.
08:07According to our sources, people were arrested yesterday in Punjab,
08:11while protesting peacefully, while protesting free Imran Khan.
08:15At night, FIRs were filed against our people, against our parliamentarians.
08:19You are our custodian of the house, Mr. Speaker, we have our eyes on you.
08:23Dr. Usman, take action against this.
08:26They have committed atrocities in the budget.
08:28The MNAs of the New League and People's Party do not want to speak in favour of the budget.
08:31Asad Qaiser says that the government and the People's Party have a drama going on between them,
08:35they are not being able to maintain their unity.
08:37This government has not been running for a long time.
08:40The government is doing a drama.
08:42First of all, the drama between the People's Party and the People's Party,
08:47they are not being able to maintain their unity.
08:49So, I don't see this government running for a long time.
08:53And the atrocities they have committed in the budget, the taxes they have imposed,
08:57The MNAs of the New League and People's Party do not want to speak in favour of the budget.
09:03They think that the budget has not been consulted with them.
09:07So, they have made this parliament irrelevant.
09:10They have committed atrocities against the people of Hebron.
09:14Electricity is being looted for the destruction of the tax.
09:17And they have imposed taxes in the war zone.
09:19There has been a wheat scandal.
09:21They have removed four officers and are saying that we have done a big job.
09:25CPEC does not belong to any party.
09:28It is a national project and the whole nation owns it.
09:32So, the foreign policy does not belong to any individual party.
09:36It belongs to the nation.
09:37It would have been better if the government had consulted with the People's Party and made the budget.
09:41If our opinion was present, we could have moved forward in a better way.
09:44But I am hopeful of Shahbaz Sharif.
09:46His intentions are also clear.
09:48He will fulfil the promises he has made to us so that we can pass the budget together.
09:51Ranuma Noonleek Javed Latif says that as long as this assembly remains, there will be no unity.
09:57The people who have made the arrangements will keep them together.
10:01He said while talking to Programme Aitaraaz that he is worried about the fall of the government.
10:05He is the one who has made the government.
10:07We did not want to make the government.
10:09If a party does not have a simple majority, it will be called an arrangement if it is in the government.
10:15There will be no unity.
10:17He said while talking to Programme Aitaraaz that as long as this assembly remains, there will be no unity.
10:22The people who have made the arrangements will keep them together.
10:27He is worried about the fall of the government.
10:31He is the one who has made the government.
10:34We did not want to make the government.
10:37The PTI and the People's Party refused to make the government.
10:45He said while talking to Programme Aitaraaz that as long as this assembly remains, it will be called an arrangement if it is in the government.
10:52There will be no unity.
10:54He said while talking to Programme Aitaraaz that as long as this assembly remains, it will be called an arrangement if it is in the government.
11:02Amir Jamaat-e-Islami Hafiz Naeem-ur-Rehman has called the budget a public enemy.
11:06He announced a protest against electricity load shedding and heavy bills in Pakistan yesterday.
11:11He said that people are getting electricity bombs instead of electricity bills.
11:16This is not a traditional statement that this is a public enemy budget.
11:20This is a public enemy budget.
11:22The electricity bills that are coming in, these are not bills.
11:25Electricity bombs are coming in every house.
11:27People are worried about what to do.
11:29On one hand, there is load shedding.
11:30People have spent Eid in extreme heat.
11:32In Pakistan, there is green energy, solar.
11:35But there is no policy for that either.
11:37In fact, there is a sword hanging that those who have invested their money in solar because of their poverty,
11:42now they say that they will invest tax on that too.
11:44There is only one way that we raise our voices against this cruelty.
11:48So this electricity load shedding and this heavy bill and this public enemy budget,
11:53there will be a protest against it in the whole of Pakistan.
11:56The government has terminated the facility to include royalties in expenses.
12:00In the budget, the royalties and fees are included in the proposal to set the limit of expenses for income tax.
12:05Now, instead of 100%, 75% expenses will be considered.
12:08Overseas Investors' Chamber of Commerce and Industry
12:11and American Business Council of Pakistan have terminated the facility.
12:15The appeal to withdraw the proposal says that the country will be financially affected.
12:19Advertising and the media industry can also be negatively affected.
12:23In the budget, the facility to include royalties in expenses has been terminated.
12:27Big capital companies have proposed to set the limit of expenses for income tax on royalties and fees.
12:33Now, instead of 100%, 75% expenses will be considered.
12:37The appeal will be from 2022.
12:39Overseas Investors' Chamber of Commerce and Industry
12:42and American Business Council of Pakistan have terminated the facility.
12:47The government has appealed to withdraw the tax.
12:50It said that multinational companies will face difficulties due to termination of the facility for advertising and sales promotion.
12:5775% expenses for royalties, advertising and sales promotion will negatively affect economic activities.
13:05For business competitiveness, MNCs and companies rely on advertising and sales promotion for advertising of products and services.
13:13For brand recognition, the importance of advertising and sales promotion cannot be diminished in any way.
13:20Overseas Investors' Chamber of Commerce and Industry
13:23and American Business Council of Pakistan have also said that due to a shortage of money, MNCs are already at a disadvantage in profit.
13:31In the budget, the government will have to build confidence in the capital in Pakistan through the authorized action.
13:37Directly, the efforts to increase non-national capital will also have a negative effect.
13:42The government receives an annual fee in the form of corporate income tax.
13:48The government can also have a negative impact on the advertising and media industry.
13:53Overseas Investors' Chamber of Commerce and Industry representative Aman Ghanshi says that
13:58due to termination of the facility for royalties and sales promotion, there will be a negative impact on capital.
14:04There will be more difficulties in introducing new brands.
14:07It is very difficult to compete in the market without the promotion of the brand.
14:11Capital companies are already paying double taxes.
14:14This proposal should be withdrawn.
14:16When a foreign direct investor comes to Pakistan, he invests based on the capacity of this market.
14:22And when his profits are valued in this way, then he will have to evaluate this market in a comparable way.
14:33I don't think this will be a very good example for Pakistan.
14:40And this will have a bad impact on their profits.
14:43It will have a negative impact on foreign direct investors and especially on manufacturing concerns.
14:51Its impact will be such that 25% of the expenses will be borne by the brand owner.
15:00It was not taken into account that the brand owner does not have the capacity to adjust or absorb 25% of the expenses in Pakistan's current tax environment.
15:12Because its taxation is according to the Double Taxation Treaty.
15:17The foreign investors who are said to have 25% of the expenses due to being the brand owner,
15:24in most cases, their global expenses are already under-recovered.
15:29So for them, it is our view to introduce a brand in Pakistan and invest behind that brand on this amendment which has been introduced.
15:40It is our view that this should be withdrawn.
15:43And as it was happening earlier, that you should evaluate advertisement and sales promotion on the basis of relevance and reasonableness.
15:56Not that it should be rejected by 25% on an arbitrary basis.
16:00There is more news, we will include it after this break.
16:02Stay with us.
16:07Welcome back.
16:08Eid-ul-Adha and other administrative issues were evaluated at the Prime Minister's meeting.
16:15On Eid, the Prime Minister praised the Deputy Commissioners and their team.
16:19The journey of service should continue with this spirit.
16:22Commissioners, Deputy Commissioners, and in this week alone,
16:25take a day off for the public, visit hospitals and schools and take reports.
16:30There should be a permanent control room for monitoring like Eid in every district.
16:34The Prime Minister also praised the strength of the Minister of Information and the Minister of Municipalities.
16:38Maryam Nawaz said that Nawaz Sharif himself visited and reviewed the arrangements and praised them.
16:43The praise of Prime Minister Shahbaz Sharif is an honor for us.
16:46For the sake of practical wisdom, the rights of the people should be answered.
16:56Eid-ul-Adha took place in Karachi on the third day.
16:59But there is still a lot of chaos.
17:01Gulshan Chaurangi, Neepa and the surrounding areas were not cleaned.
17:05We know more from our correspondent Nazir Shah.
17:07Yes, Nazir.
17:09Eid-ul-Adha took place in Karachi on the third day.
17:12But there is still a lot of chaos in Gulshan Town.
17:15As far as the cameraman can show, you will see the same filth, filth and animals.
17:22Gulshan Polo, the school in front, is a residential area.
17:26And not only here, but also where the dumping station was built under Neepa, there is the same situation.
17:33There is no cleanliness in the area where there is a severe flood.
17:37It was being told about Karachi that all areas have been cleaned.
17:42So this is an example of that.
17:44Gulshan Block 5 and its adjacent area and the dumping point under the Neepa Bridge
17:49has not been cleaned there.
17:52No roses have been sprinkled there.
17:55The city says that it should be cleaned as soon as possible.
18:00So that the difficulties they have to face in breathing can be solved.
18:04And now sports news.
18:11The T20 World Cup is going on.
18:14The West Indies easily defeated the United States.
18:17South Africa defeated England by 7 runs in the World Cup.
18:22India and Bangladesh will face each other in the event today.
18:25The star cricketer Bastit Ali said that no one would have thought that Pakistan would lose in the first round.
18:32Kamran Akmal said that the players just wanted to work in ads.
18:37Shamoon Bhai is our guest.
18:41I think the attention should be more on marketing than sports.
18:46They play as a team on the ground, so they should play as a team.
18:50There are 11 boys, not a single team.
18:52What will Pakistan play in the World Cup?
18:55Because they wanted to do other work.
18:57As Shamoon Bhai said, they wanted to finish their work.
19:00They didn't pay attention to cricket.
19:02There was a time of 15-20 days.
19:03There was no camp before going to the World Cup.
19:05Why did Abrar go?
19:06Why was he selected?
19:08If he didn't want to play, you would have taken Osama Mir.
19:12What is Shadakh's performance in the World Cup in India?
19:16What is the performance in the Asia Cup?
19:18Why didn't you take a mid-order?
19:20If you had taken 5 openers, you would have taken an extra mid-order.
19:23It is written on the wall that I am the captain.
19:25Khan Baba Roshani.
19:26What are you talking about?
19:29You were saying that whoever took his name would be punched.
19:32I was a dash before, but now I am a dash.
19:35I was thin before, but now I have become a little heavy.
19:37Is 1 kg of sugar more expensive or 1 kg of jaggery more expensive?
19:411 kg of sugar.
19:43Jaggery is more expensive.
19:45Which of these two Pakistani batsmen played more dot balls?
19:49Rizwan.
19:50Babar.
19:51It is Rizwan.
19:52What is that thing that does not get wet in water?
19:54Water.
19:55You tell me.
19:56Shadow.
19:57Shadow does not get wet in water.
19:58Correct.
19:59That's all from News Bulletin for now.
20:00For more news and updates, keep watching ARY News.