AGL 40.00 No Change ▼ 0.00 (0%)
AIRLINK 127.04 No Change ▼ 0.00 (0%)
BOP 6.67 No Change ▼ 0.00 (0%)
CNERGY 4.51 No Change ▼ 0.00 (0%)
DCL 8.55 No Change ▼ 0.00 (0%)
DFML 41.44 No Change ▼ 0.00 (0%)
DGKC 86.85 No Change ▼ 0.00 (0%)
FCCL 32.28 No Change ▼ 0.00 (0%)
FFBL 64.80 No Change ▼ 0.00 (0%)
FFL 10.25 No Change ▼ 0.00 (0%)
HUBC 109.57 No Change ▼ 0.00 (0%)
HUMNL 14.68 No Change ▼ 0.00 (0%)
KEL 5.05 No Change ▼ 0.00 (0%)
KOSM 7.46 No Change ▼ 0.00 (0%)
MLCF 41.38 No Change ▼ 0.00 (0%)
NBP 60.41 No Change ▼ 0.00 (0%)
OGDC 190.10 No Change ▼ 0.00 (0%)
PAEL 27.83 No Change ▼ 0.00 (0%)
PIBTL 7.83 No Change ▼ 0.00 (0%)
PPL 150.06 No Change ▼ 0.00 (0%)
PRL 26.88 No Change ▼ 0.00 (0%)
PTC 16.07 No Change ▼ 0.00 (0%)
SEARL 86.00 No Change ▼ 0.00 (0%)
TELE 7.71 No Change ▼ 0.00 (0%)
TOMCL 35.41 No Change ▼ 0.00 (0%)
TPLP 8.12 No Change ▼ 0.00 (0%)
TREET 16.41 No Change ▼ 0.00 (0%)
TRG 53.29 No Change ▼ 0.00 (0%)
UNITY 26.16 No Change ▼ 0.00 (0%)
WTL 1.26 No Change ▼ 0.00 (0%)
BR100 10,010 Increased By 126.5 (1.28%)
BR30 31,023 Increased By 422.5 (1.38%)
KSE100 94,192 Increased By 836.5 (0.9%)
KSE30 29,201 Increased By 270.2 (0.93%)

Citing diplomatic norms of protocol, former Chairman Senate Raza Rabbani Monday said that the Prime Minister should not meet US Secretary of State Mike Pompeo during his upcoming visit to Pakistan and the country's foreign minister, instead, should meet the envoy.
The senator added that the recent cut in aid was part of measures to pressurize Pakistan and mentioned Pompeo's statement discouraging the International Monetary Fund (IMF) from providing Pakistan with a bailout, saying the money would be used to repay Chinese loans as a previous measure.
This is the second time America was to refund Pakistan's expenditure on the war on terror and it was not aid, he said referring to the cuts.
The US military on Sunday announced it was cutting $300 million in aid to Pakistan over Islamabad's failure to take decisive action against militants.
The Coalition Support Fund was part of a broader suspension in aid to Pakistan announced by President Donald Trump at the start of the year, when he accused Pakistan of rewarding past assistance with "nothing but lies & deceit."
Another $500 million in CSF was stripped by Congress from Pakistan earlier this year, to bring the total withheld to $800 million.
The Pakistan Tehreek-e-Insaf government reacted cautiously to the cuts and insisted the money was not assistance but reimbursements for Pakistan's expenses in the fight against terrorism.
The announcement, coming just days before the crucial visit of the secretary of state, suggests that the US administration apparently does not expect any concession from the new government led by Prime Minister Imran Khan.

Copyright Business Recorder, 2018

Comments

Comments are closed.