State-owned firms ‘funded’ Emerging Markets edition

[Sinnerman108]

http://tribune.com.pk/story/1198623/state-owned-firms-funded-emerging-markets-edition/

ISLAMABAD:

The Emerging Markets newspaper does not belong to International Monetary Fund, said Harald Finger, the IMF’s Mission Chief to Pakistan on Thursday amid new revelations that five state-owned firms partially funded the publication’s latest edition.
Last week, the newspaper conferred Best Finance Minister of South Asia Award to Ishaq Dar and Best country in South Asia in infrastructure development to Planning and Development Minister Ahsan Iqbal. Government functionaries jumped to congratulate them for winning such a ‘prestigious’ award.

Ishaq Dar declared ‘finance minister of the year’

The ministries of finance and planning and development had claimed that the Emerging Markets is a World Bank and IMF publication and that it was a matter of honour for the country that the publication bestowed these awards to Pakistani political personalities.

“Emerging Markets is an independent publication,” said Harald Finger, the Washington-based chief of the IMF mission for Pakistan, while addressing a press conference from Washington through a video-link. He was responding to a question about whether he congratulated Finance Minister Dar on winning IMF/WB Best South Asia Minister award.

“The IMF is not involved with the Emerging Markets publication,” said Wafa Amr, IMF’s Washington-based media contact person for Pakistan, who was also present at the occasion.

After the finance and planning ministries boasted about their achievements, the country’s top dignitaries rushed to congratulate them for winning the IMF/WB award. Even Prime Minister Nawaz Sharif congratulated Dar for winning the award. “K-P Governor Iqbal Zafar, Sindh Chief Minister Murad Ali Shah and AJK Prime Minister Raja Farooq Hider congratulated the finance minister for achieving the Finance Minister of 2016 for South Asia award,” a finance ministry handout read.

Planning ministry’s claims

The planning ministry not only declared Emerging Markets as a WB/IMF publication but also exaggerated the paper’s standing by claiming that it was an ‘international institution’. “Emerging Markets, which is an international institution, has declared Pakistan the best infrastructure development country in South Asia,” the ministry said. It added that Emerging Markets had invited the Planning Minister Ahsan Iqbal to receive the award in Washington.

Ishaq Dar comes to the defence of FBR chief

Funding

The latest edition of the magazine shows that five Pakistani state-owned enterprises funded the Emerging Markets edition that carried a supplement on Pakistan. This can be verified from the following URL. http://html5.pagesuiteprofessional.co.uk/desktop/stage/default.aspx? pubname=&edid=ef5717c7-d7e7-441a-9ad2-b9d75f033f2b. It is a United Kingdom-based publication and is a subsidiary of Euromoney Trading Limited/Euromoney Institutional Investor PLC.

However, the management of the newspaper denies that there was a link between the funding and awards.

National Bank of Pakistan (NBP), State Life Insurance Corporation of Pakistan, Zarai Taraqiati Bank Limited (ZTBL), National Insurance Corporation Limited (NICL) and Pak-Arab Refinery Company (PARCO) gave advertisements to the paper last month.

Finance minister of the year

The NBP spokesman insisted that the bank gave the advertisement due to its prestigious global standing. He refused to disclose the cost of advertisement and maintained that nobody from the government pressured the bank to give the advertisement.

The response of the representative of the State Life Insurance Corporation was awaited till the filing of the story. Contacts with the ZTBL could not be established despite repeated attempts.

Newspaper version

“The Pakistan supplement, along with other supplements in the newspaper like Palestine, Vietnam and Argentina are sponsored content,” said Sara Posnasky, the magazine’s head of operations while responding to questions through email. She did not disclose the amount of funding.

“Our awards are entirely independent of all sponsored content and advertisements,” said Posnasky. She said that Emerging Markets has produced 60,000 copies over this year, which suggests that it is not a widely published magazine.

To another question, Posnasky said an editorial committee, chaired by editor Toby Fildes, decides the awards. She promised that Toby would provide more details about selection criteria. However, Toby did not reply till the filing of the story.

Published in The Express Tribune, October 14th, 2016.

 

[war&peace]

Another lies from the patwari....shame..how disgraceful a man can be. But it is our dysfunctional system...everything is tolerated here except for the truth and the honesty

 

[Sinnerman108]

Another lies from the patwari....shame..how disgraceful a man can be. But it is our dysfunctional system...everything is tolerated here except for the truth and the honesty

What is dysfunctional is PTI, if they fail to take this to the court and shame the government properly.

I am afraid, they will start and then loose their way amidst IK's love, marriage, etc ...

 

[SBD-3]

https://defence.pk/threads/ishaq-da...ister-of-the-year’.454645/page-3#post-8810045
This Shahbaz Rana has a history of speaking out of his backyard and saying things even without comprehending them

 

[RazorMC]

Either they are complete buffoons who have no idea which publication is linked to which body or they are just trying to save their tarnished image instead of focusing on the problem.

When will Noon realize this is not the 90s anymore? People now have better access to information yet they try these games every now and then.

 

[SBD-3]

Either they are complete buffoons who have no idea which publication is linked to which body or they are just trying to save their tarnished image instead of focusing on the problem.

When will Noon realize this is not the 90s anymore? People now have better access to information yet they try these games every now and then.

Emerging Markets, the newspaper of the IMF / World Bank Annual Meeting, has declared Senator Mohammad Ishaq Dar

http://www.finance.gov.pk/SouthAsiaFM.pdf
What do you comprehend out of it?

 

[RazorMC]

http://www.finance.gov.pk/SouthAsiaFM.pdf
What do you comprehend out of it?

That it was baloney and the publication has no official relation with the IMF and/or WorldBank.

The planning ministry not only declared Emerging Markets as a WB/IMF publication but also exaggerated the paper’s standing by claiming that it was an ‘international institution’. “Emerging Markets, which is an international institution, has declared Pakistan the best infrastructure development country in South Asia,” the ministry said. It added that Emerging Markets had invited the Planning Minister Ahsan Iqbal to receive the award in Washington.​

The reply:

“Emerging Markets is an independent publication,” said Harald Finger, the Washington-based chief of the IMF mission for Pakistan, while addressing a press conference from Washington through a video-link. He was responding to a question about whether he congratulated Finance Minister Dar on winning IMF/WB Best South Asia Minister award.​

 

[SBD-3]

That it was baloney and the publication has no official relation with the IMF and/or WorldBank.

The planning ministry not only declared Emerging Markets as a WB/IMF publication but also exaggerated the paper’s standing by claiming that it was an ‘international institution’. “Emerging Markets, which is an international institution, has declared Pakistan the best infrastructure development country in South Asia,” the ministry said. It added that Emerging Markets had invited the Planning Minister Ahsan Iqbal to receive the award in Washington.​

The reply:

“Emerging Markets is an independent publication,” said Harald Finger, the Washington-based chief of the IMF mission for Pakistan, while addressing a press conference from Washington through a video-link. He was responding to a question about whether he congratulated Finance Minister Dar on winning IMF/WB Best South Asia Minister award.​

I Think i provided you the official link.

 

[RazorMC]

I Think i provided you the official link.

The official claim itself is in tatters and proven to have been made up just to make it seem as if this publication really has an official standing.

This is the part where everyone is focusing:

It means absolutely nothing. I could have a private dinner party and my invitation card would also mention that same phrase which, again, means zero.

 

[SBD-3]

The official claim itself is in tatters and proven to have been made up just to make it seem as if this publication really has an official standing.

This is the part where everyone is focusing:

It means absolutely nothing. I could have a private dinner party and my invitation card would also mention that same phrase which, again, means zero.

Probably its good to read it first or maybe work with the English comprehension first?
Dar wasn't alone, at least 5 finance ministers were named along with him to receive the award.

 

[RazorMC]

Probably its good to read it first or maybe work with the English comprehension first?
Dar wasn't alone, at least 5 finance ministers were named along with him to receive the award.

Perhaps some English reading would benfit you more.

Nobody cares who got the award since this does not have a significant value whatsoever.

Dar's claim that the publication is attached to bodies like the IMF and WorldBank blew up in smokes. The deception and the unnecessary self-praise is what matters.

Congrats on the award.
Shame on him for making it seem more important than it really was.

 

[notorious_eagle]

Perhaps some English reading would benfit you more.

Nobody cares who got the award since this does not have a significant value whatsoever.

Dar's claim that the publication is attached to bodies like the IMF and WorldBank blew up in smokes. The deception and the unnecessary self-praise is what matters.

Congrats on the award.
Shame on him for making it seem more important than it really was.

Dude don't bother arguing with this shameless twat @SBD-3

He can't even comprehend basic English. Ishaq Dollar has been caught lying with his pants down, but our slave patwari here don't want to accept it. World's best Finance Minister based on what, taking the most expensive loans. This guy was defending corruption in the other thread, when you have people who defend corruption how can you possibly argue with them. They are just shameless.

 

[SBD-3]

Dude don't bother arguing with this shameless twat @SBD-3

He can't even comprehend basic English. Ishaq Dollar has been caught lying with his pants down, but our slave patwari here don't want to accept it. World's best Finance Minister based on what, taking the most expensive loans. This guy was defending corruption in the other thread, when you have people who defend corruption how can you possibly argue with them. They are just shameless.

Oh look the run away bride returns

 

[notorious_eagle]

Oh look the run away bride returns

Oh look haram khor corruption boy is here hahaa jahil chawal

Once again, Ishaq Dollar exposed as a liar haha

 

[SBD-3]

Oh look haram khor corruption boy is here

I earn my livelihood and INVEST IN PAKISTAN. I hope Mullah jee you would be doing the same