Pakistan minister says tanks, missiles alone can't save country if it's not strong economically

Agencies
May 22, 2018

Islamabad, May 22: Pakistan has squandered the economic growth opportunity in the past because of political instability, Interior Minister Ahsan Iqbal has said, asserting that "tanks and missiles" alone cannot save a country.

Iqbal, who is also the Minister for Planning and Development, claimed that during the 90s then Indian finance minister Manmohan Singh borrowed economic reforms strategies from his Pakistani counterpart Sartaj Aziz and successfully implemented them in India, the Express Tribune Reported.

He said Bangladesh also successfully used the same strategies but Pakistan could not put its own plans to use as the decade was lost to political instability.

He was speaking at the inauguration of Pakistan National Centre for Cyber Security on Monday.

"The first opportunity for Pakistan's economy to take off came in the 60s, the second in the 90s, and the third opportunity is knocking at the doors now, which must not be lost to instability like in the past. Enough is enough," he was quoted as saying by the daily.

He described peace, stability and continuity as critical for economic progress.

We will have to think why many countries which were behind us are now far ahead. China's per capita income was far below Pakistan's but is now much higher. Similarly, Bangladesh's foreign reserves have reached USD 33 billion while we are at USD 18 billion. For how long, we will watch other countries overtake us,? the minister said.

He said, "tanks and missiles" alone could not save a country if it's not strong economically.

He said while the Pakistani armed forces had "rendered great sacrifices, the successful fight against terrorism was possible also because of the availability of funds from the national budget."

There was a time when terrorists had surrounded us but today the state has cornered them. If we squander this opportunity, the history and future generations will not forgive us, Ahsan added.

He said in 2013 Pakistan was using 2G wireless technology but the country would now be among the first users of the 5G technology in the world.

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News Network
May 20,2020

Washington, May 20: The United States recorded another 1,536 coronavirus deaths over the past 24 hours, the Johns Hopkins University tracker said.

That figure, tallied as of 8:30 pm (0030 GMT), raises to 91,845 the total number of COVID-19 deaths in the US.

The US tops the global rankings both for the highest death toll and the highest number of infections, with more than 1.5 million cases.

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News Network
April 22,2020

London, Apr 22: The UK government on Tuesday announced a 20 million pounds funding for a University of Oxford project working on developing a vaccine against the novel coronavirus, which is now ready for acceleration as it begins human trials from Thursday.

UK Health Secretary Matt Hancock told the daily Downing Street briefing that the Department for Health was “throwing everything” at trying to find a vaccine because it is a critical aspect of the COVID-19 pandemic fight and lifting the strict lockdown measures in place to curb its spread.

Another 22.5 million pounds is being made available to Imperial College London to support its phase-two clinical trials for them to begin the work on a very large phase three trial.

"Normally it would take years to get to this point," said Hancock.

"The UK is at the forefront of the global effort – we've put in more money than any other into the global search for a vaccine. Nothing about this is inevitable. Vaccine production is a matter of trial and error. But the UK will throw everything it has at trying to find one,” he said.

The announcement came as Britain had another major daily leap in the hospital death toll from coronavirus, up by 823 to hit 17,337 on Tuesday.

But the Cabinet minister said the government's plan to control the rapid spread of the virus and prevent the state-funded National Health Service (NHS) from being overwhelmed is working as the number of hospitalisations with COVID-19 was showing a downward trajectory.

In reference to a major issue in the last few weeks of a critical shortage of personal protective equipment (PPE) for doctors and nurses on the frontlines of COVID-19 treatment, the minister said the supply problems are being addressed by actively engaging with thousands of companies, including 159 UK manufacturers.

“We are determined to get people the PPE they need. This is a 24/7 operation, one of the biggest cross-government operation I have ever seen," said Hancock.

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Agencies
March 14,2020

San Francisco, Mar 14: Microsoft on friday announced that co-founder Bill Gates has left its board of directors to devote more time to philanthropy.

The 64-year-old stopped being involved in day-to-day operations at the firm more than a decade ago, turning his attention to the foundation he launched with his wife, Melinda.

Gates served as chairman of Microsoft's board of directors until early in 2014 and has now stepped away entirely, according to the Redmond-based technology giant.

“It's been a tremendous honor and privilege to have worked with and learned from Bill over the years,” Microsoft chief executive and company veteran Satya Nadella said in a release.

Nadella said Microsoft would continue to benefit from Gates' “technical passion and advice” in his continuing role as a technical advisor.
“I am grateful for Bill's friendship and look forward to continuing to work alongside him,” he added.

Gates left his CEO position in 2000, handing the company reins to Steve Ballmer to devote more time to his charitable foundation.

He gave up the role of chairman at the same time Nadella became Microsoft's third CEO in 2014.

Regularly listed among the world's richest people, William H. Gates was a geeky-looking young man when he and Paul Allen co-founded Microsoft in 1975.

Gates went on to turn his attention from software to fighting disease and other humanitarian challenges with his wife, under the auspices of the Bill and Melinda Gates Foundation.

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