The Express Tribune Newsletter: June 2, 2012

Today's Headlines

 

Braving fisticuffs, govt presents Rs2.96t budget



Irfan Ghauri / Shahbaz Rana

Amid unprecedented uproar, blows, punches and intense scuffles between the treasury and opposition members, the federal government presented a Rs2.96 trillion budget that included surprisingly little by way of populist spending.

Electricity consumers will no longer enjoy subsidy sweetener



Zafar Bhutta

With energy companies reeling from the impact of Rs500 billion circular debt, the government has decided to end subsidy for power consumers, except for lifeline consumers, in the upcoming financial year 2012-13.

High political drama: 'Punchy' politicos overshadow budget speech



Our Correspondent

Presenting the budget in Parliament is a serious business – certain treasury and opposition bench members, however, seem to have taken it a little too seriously.

Of Rs2.96 billion, ECP gets the lion's share



Our Correspondent

Laying emphasis on the need for rule of law and order, the Pakistan Peoples Party-led government has allocated Rs2.96 billion for the law and justice ministry in the budget.


Business

As elections approach, govt boosts development spending by a fifth

Shahbaz Rana

The government has announced Rs873 billion for the national development budget for the upcoming financial year. The allocation is higher by Rs143 billion – or 20% – compared to the current fiscal year as the government gears up for upcoming elections.

Interest payments: Keeping tradition, more than a third goes to debt servicing

Farooq Tirmizi

It is the only segment of the budget which the government is required to spend on by law: the government will spend Rs1.1 trillion – or more than one third of its total outlay – on servicing both the domestic and foreign debt.

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Sports

1st Twenty20: Professor's tactics fail on captaincy debut

News Desk

Sri Lanka staged a remarkable comeback to register what was in the end a comfortable 37-run win over Pakistan in the first of two Twenty20s in Hambantota yesterday.

French Open: Aisam inches towards his Olympics dream

News Desk

Aisamul Haq Qureshi moved one step towards his dream of representing Pakistan at the Olympics as he moved into the third round of the French Open with his doubles partner Jean-Julien Rojer courtesy a 6-3, 3-6, 7-6 win over Bjorn Phau and Adil Shamasdin.

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Life & Style

Pakistani designers in Dubai: Fashion forward

Hani Taha

For Pakistani fashion, the most predictable step forward is the expansion of the retail business in Dubai.

'Avanti': Yet another adaptation

Rafay Mahmood

From the mesmerising set to the ensemble cast, "Avanti: The Grand Musical" was nothing short of a grand event.  _______________________________________________




Opinion

Competing narratives of Partition violence

Ajmal Kamal

Face saving needed for Saving Face

Syed Mohammad Ali

Manufactured earthquakes

Salman Rashid

Imran Khan's problem

Farrukh Khan Pitafi

Adding to the confusion

Amina Jilani

Blogs

Why Pakistan needs Israel

Pirzada Hasaan Hashmi

A good time to cultivate relations with India

Zahid Gishkori

A butterfly with no wings

Mohammad Zia Adnan

Muslim women are empowered and confident

Myra Iqbal 

Poll

Do you think the jirga system should be abolished in Pakistan?

Yes (67%, 365 Votes)

No (33%, 181 Votes)

Total Voters: 546

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