• The resolution adopted unanimously praises forces by ‘appropriate response’ to Indian hostility
• Five -year privatization plan of the Government
Islamabad: The National Assembly unanimously adopted a resolution that praised the Armed Forces for giving an adequate response to Indian aggression last week before the president of the United States, Trump announced that a “high and immediate fire was reached” between the two countries.
The resolution in the National Assembly, moved by the Minister of Law, Azam Nazeer Tarar, said that long -term stability in southern Asia can only be achieved through “sincere and structured negotiations.”
Reiterating Pakistan’s promise to regional and global peace with dignity and honor, the resolution stressed that “democracies are committed to dialogue, not in the conflict.” He urged the authorities to actively involve the international community to resolve the issue of the Kashmir dispute occupied by India in accordance with the aspirations of the premises and the corresponding resolutions of the United Nations Security Council.
Emphasizing the importance of the swing of the Indo’s waters, the Chamber decided to continue playing its constitutional role in safeguarding national interest and promoting peace, unity and security for the people of Pakistan and the region.
The resolution expressed its gratitude to the almighty Allah “for granting the dignity and honor of the Pakistani nation by defending the territorial integrity of the country against unjustified and naked Indian aggression.”
He congratulated La Nación, which “increased on all the differences and joined behind his leadership throughout the political spectrum with one voice.”
The Chamber praised the Armed Forces for their “exemplary professionalism, surveillance and courage” by defending Pakistan’s sovereignty.
The resolution of the Chamber also paid tribute to the martyrs who “established their lives in defense of the homeland” and recognized their “supreme sacrifice” as a symbol of national pride, resistance and unity.
He expressed sincere gratitude to friendly countries for his support for Pakistan at this critical situation.
Phase privatization
Previously, the Assembly was informed that the Federal Government approved the privatization of 24 state companies (SOE).
The parliamentary secretary, Aasia Ishaque Siddiqui, informed the members about privatization during the time of the question.
She said that the international airlines of Pakistan (PIA), First Women Bank and several power and financial institutions were privatized in the first phase.
She said that the Cabinet Privatization Committee, at its meeting on August 2, 2024, approved a plan for the privatization of the 24 public sector organizations.
The process will be carried out in three phases in the next five years, said Siddiqui, adding that the first phase will be completed within a year, the second within one to three years and the third in three to five years.
In the first phase, the privatization of PIA, First Women Bank, House Building Finance Corporation, Zarai Taraqiati Bank, Pakistan Engineering Company, Islamabad Electric Supply Company, Gujranwala Electric Power Company, Faisalabad Electric Supply Company and Sindh Engineering Limited will take place.
In the second phase, State Life Insurance Corporation, Pakistan Reassurance Company, Central Power Generation Company, Jamshor Power Company, Northern Power Generation Company and Lakhra Power Generation Company will be privatized. Lahore, fine, Hazara, Hyderabad, Peshawar and Sukkur Electric Supply Companies will also be privatized in this phase.
In the third phase, the postal life insurance company will be transferred to the private sector.
The last survey of household income expenses to facilitate better planning for poverty relief throughout the country has also been told to the house.
The Minister of Parliamentary Affairs, Tariq Fazal Chaudhry, said that the Pakistan statistics office was currently compiling the survey data.
He said the new estimates will be available for the end of this year, and the final report will probably be published next year.
He pointed out that current relief measures were based on data from 2018-2019.Legislation
The National Assembly also approved the bill of the Special Technology Zones Authority (amendment), 2025 and the draft Law on Rights of Minorities, 2025.
Posted in Dawn, May 13, 2025
