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HEADLINES:

1. THE JOINT SITTING OF THE PARLIAMENT APPROVES TWO RESOLUTIONS RELATING TO PROCLAMATION OF EMERGENCY AND SUSPENSION OF FUNDAMENTAL RIGHTS WITH OVERWHELMING MAJORITY.
2. PRIME MINISTER MUHAMMAD NAWAZ SHARIF WILL ADDRESS THE NATION TOMORROW
AT 8- PM.
 3. ECONOMIC SURVEY FOR THE CURRENT FINANCIAL YEAR RELEASED TODAY SHOWS INCREASE IN G.D.P. AND PER CAPITA INCOME.

NEWS IN DETAIL:

AFTER FOUR DAYS OF DEBATE THE JOINT SITTING OF PARLIAMENT TODAY APPROVED WITH VERWHELMING MAJORITY THE TWO RESOLUTIONS RELATING TO PROCLAMATION OF EMERGENCY AND SUSPENSION OF FUNDAMENTAL RIGHTS. THE APPROVAL TO EMERGENCY WAS GIVEN BY A VOTE OF  164 TO 49. AND FOR THE SUSPENSION OF FUNDAMENTAL RIGHTS BY A VOTE OF 166 TO 50. SUMMING UP THE DEBATE THE LEADER OF THE HOUSE IN THE SENATE RAJA MOHAMMAD ZAFARUL HAQ SAID UNUSUAL CIRCUMSTANCES EXIST IN THE COUNTRY WHICH CALL FOR DEVELOPING CONSENSUS ON A NUMBER OF ISSUES OF NATIONAL IMPORTANCE. THE GOVERNMENT IS PREPARED TO CONSULT ALL NATIONAL LEADERS AT THIS CRUCIAL JUNCTURE  . RAJA ZAFARUL HAQ SAID THE ENEMY HAS STARTED AN UNDECLARED WAR AGAINST US AFTER WE GAVE A BEFITTING REPLY TO RESPONSE TO ITS NUCLEAR TESTS AND BELLIGERENT ATTITUDE OF ITS LEADERS.  AS THE LAST SPEAKER FROM THE OPPOSITION BENCHES MR. AJMAL KHATTAK SAID DECISIONS ON THE NATIONAL ISSUES NEED WIDE CONSULTATIONS AND UNANIMITY. THE NATIONAL AGENDA FOR SELF RELIANCE ALSO NEEDS ALSO NEEDS CONSULTATION WITH THE NATIONAL ASSEMBLY AND SENATE.
HE SAID THE IMPOSITION OF EMERGENCY WILL BADLY AFFECT THE POLITICAL PROCESS AND THE ESSENCE OF DEMOCRACY. TAKING PART IN THE DEBATE RAZA RABBANI SAID THE PROCLAMATION OF EMERGENCY WILL IMPAIR THE FEDERAL CHARACTER OF THE CONSTITUTION.
 
   
 

ANOTHER GROUP OF FOREIGN MEDIA REPRESENTING THE GLOBE, VISITED THE LINE OF CONTROL IN THE CHAKOTI SECTOR OF MUZAFFARABAD. SENIOR ARMY COMMANDERS BRIEFED THE JOURNALISTS
ON THE PREVAILING SITUATION ALONG THE LINE OF CONTROL AND THE REPRESSION LET LOSE BY THE INDIAN TROOPS IN THE OCCUPIED KAHSMIR AND THEIR INCESSANT AND UNPROVOKED FIRING ON THE CIVILIAN POPULATION RESIDING IN VILLAGES ALONG THE LOC. THE JOURNALISTS WERE TAKEN TO CHAKOTI WHERE THEY SAW FOR THEMSELVES THE SIGNS OF INDIAN BRUTALITIES IN THE SHAPE OF SHELLS, MORTARS AND OTHER WEAPONS HITTING THE HOUSES AND THE INMATES ALIKE. THEY ALSO VISITED THE REFUGEE CAMPS IN MUZAFFARABAD WHERE THEY SAW THE INJURED, MAIMED AND CRIPPLED KASHMIRI MEN, WOMEN AND CHILDREN TAKING REFUGE IN PAKISTAN.  THEIR WOEFUL TALES MOVED THE JOURNALISTS TO QUITE AN EXTENT AND HELPED THEM IN UNDERSTANDING THE ISSUE OF KASHMIR AND THE PLIGHT OF THE INNOCENT KASHMIRI MUSLIMS WHO ARE STRUGGLING TO ATTAIN THEIR BIRTH RIGHT OF SELF-DETERMINATION.
 
 
 

ECONOMIC SURVEY FOR THE CURRENT FINANCIAL YEAR HAS BEEN ISSUED. BASED ON ECONOMIC PERFORMANCE DURING THE FIRST TEN MONTHS OF THE CURRENT FISCAL YEAR, THE SURVEY SHOWS INCREASE IN GROSS DOMESTIC PRODUCT, GDP, AND 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  THE BALANCE OF TRADE HAS ALSO REGISTERED 54.2 PERCENT IMPROVEMENT AND IT NOW STANDS AT 1325.2 MILLION DOLLARS AS AGAINST 2895.9 MILLION DOLLARS DURING THE  TEN MONTHS OF THE LAST FISCAL YEAR.  MAJOR CONTRIBUTION TO IMPROVEMENT IN THE CURRENT ACCOUNT BALANCE HAS COME FROM A SHARP DECLINE IN IMPORTS, SOME  MPROVEMENT IN EXPORTS, SUBSTANTIAL INCREASE IN THE REMITTANCES AND ALMOST 55 PERCENT INCREASE IN THE INFLOW OF RESIDENT FOREIGN CURRENCY DEPOSITS. THE EXPORTS GREW BY 4.6 PERCENT WHILE THE IMPORTS REGISTERED THE DECLINE OF 12.9 PERCENT. THE ECONOMIC SURVEY SAYS, THE OVERALL MANUFACTURING SECTOR GREW BY 7 PERCENT AS AGAINST 1.2 PERCENT IN THE LAST YEAR. THE SMALL SCALE MANUFACTURES MAINTAINED ITS HISTORICAL GROWTH RATE OF 8.4 PERCENT. THE SERVICES SECTOR ALSO EXPERIENCED A GROWTH RATE OF 4.77 PERCENT SHOWING A MARKED IMPROVEMENT. THE NET PRIVATE FOREIGN INVESTMENT REGISTERED AN INCREASE OF ONE PERCENT IN THE FIRST NINE MONTHS OF THE CURRENT FINANCIAL YEAR. THE PORTFOLIO INVESTMENT INCREASED BY 10 PERCENT WHILE FOREIGN DIRECT INVESTMENT SHOWS 2.7 PERCENT DECLINE.
 
 
 

IN OCCUPIED KASHMIR, FIVE INNOCENT PERSONS INCLUDING A STUDENT WERE KILLED BY INDIAN TROOPS IN VARIOUS AREAS OF SRINAGAR TODAY. THE TASK FORCE PERSONNEL ABDUCTED A STUDENT, GHULAM MOHAYYUDDIN. HE WAS ABDUCTED FROM AMER SINGH COLLEGE, SRINAGAR AND REPORTED MISSING IN CUSTODY. THE APHC HAS STRONGLY DENOUNCED THE ABDUCTION AND DEMANDED HIS IMMEDIATE RELEASE.  A LIBERATION LEADER, SHEIKH ABDUL AZIZ WHO WAS RELEASED AFTER FIVE YEARS' DETENTION, WAS ARRESTED IN THE SAME AREA. THE PEOPLE, PROTESTING AGAINST THIS OUTRAGE, OBSERVED STRIKE AND STAGED ANTI-INDIA DEMONSTRATIONS.
 
  
 

AN ANNUAL PET EXHIBITION TOOK PLACE IN JOHANNESBURG, SOUTH AFRICA. THE EXHIBITION FEATURED A WIDE VARIETY OF ANIMALS WITH THE EXOTIC ATTRACTING THE MOST ATTENTION. THE ANIMALS PERFORMED DIFFERENT ACROBATIC ACTIVITIES. ANIMAL EXPERTS AND VETERINARIANS ALSO ATTENDED THE SHOW AND WERE ON HAND TO ANSWER QUESTIONS CONCERNING THE PETS.
 
 

WEATHER:

RAIN WITH DUST-THUNDERSTORM IS EXPECTED AT SCATTERED PLACES OF PUNJAB AND KASHMIR.