Half a million workers will benefit from a Pakistan move for transfer of government shares in a chain of enterprises to their employees.
This was officially stated at a ceremony in Lahore where President Asif Ali Zardari handed share certificates to a group of workers under ‘Benazir Employees Stock Option Scheme’, named after the late prime minister Benazir Bhutto.
Under the scheme 12 per cent of government shares worth around Rs100 billion (Dh4.36 billion) are being transferred to workers in entities including 16 listed and 33 unlisted public companies, 23 private companies and 14 other units.
In an address on the occasion at the Governor House in the Punjab capital, Zardari said the Pakistan People’s Party, which he heads as co-chairman, would strengthen democracy and protect the country.
“PPP government knows how to defeat conspiracies against Pakistan,” he said.
The president said that the PPP as the only truly federal party had the potential to “protect, run and strengthen the country”.
Governor Salman Taseer said Punjab — where the PPP is in second position in terms of vote bank after the Pakistan Muslim League-N of former prime minister Nawaz Sharif — would be turned into a “PPP fortress”.
PPP is part of PML-N led coalition ruling the country’s political most important and population-wise largest province.
Bumpy relations
Relations between PPP and PML-N, which is the main opposition party in the federal parliament, have however been bumpy.
But the PML-N leadership has asserted repeatedly the party would never back any attempt to dislodge the democratic system.



If there is any hint of whitewash in the Iraq inquiry, it will only exacerbate an already inflamed situation
When General Ashfaq Parvez Kayani was elevated to the most powerful job in Pakistan, many hoped that he would efface the shame of eight years of military rule under his predecessor, Pervez Musharraf.
US delegation led by the Special Envoy for Pakistan and Afghanistan, Richard Holbrooke, met President Zardari in Lahore. The president took up serious issues with Holbrooke keeping in view present and past circumstances in the region. Of great significance was President Zardari’s mention of fighting a ‘rival ideology’ in the past along with the US and the West. The reference was obviously to the Afghan communist regime and the ensuing battle between the mujahideen and the communists after the Soviet forces entered Afghanistan in support of their co-ideologists. President Zardari told Holbrooke that it was because of the Afghan jihad that militancy rose in Pakistan. Though this is certainly not something new for the Americans, the president’s reminder about the West’s role in general and the US’s role in particular in leading to the rise of religious extremism in this region is noteworthy. The covert support of the US for the jihadis in the Afghan war is no secret. It was a policy of the Cold War era, the West being an anti-communist bloc. Neither the US nor Pakistan thought much about supporting religious fanatics at that point in time, focused as they were on the struggle against communism. The unforeseen and unintended consequences of that strategy have landed the whole region in a mess today.
The United States will supply drone aircraft to Pakistan which will significantly enhance the country’s surveillance and reconnaissance capabilities, visiting U. S. Defense Secretary Robert Gates said Friday.
Senator John F. Kerry made clear today that, while he is weighing the wisdom of adding additional troops to Afghanistan, he does not believe that withdrawal is an option.



