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Sustainable economic development can only be ensured by establishing the industry on the basis of enhanced partnership with international organizations: Aftab Ahmed Chaudhary, MD Lahore Stock Exchange addresses Youth Parliament Pakistan |
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Islamabad, June 24; While addressing the session of the Youth Parliament Pakistan, Mr. Aftab Ahmed Chaudhary said that the Government should take effective steps to unleash the processes of innovation and enhanced international cooperation in order to ensure sustainable economic development. He was of the view that the recent financial crisis on international level was due to the lack of insight on the part of bank management. He was addressing the Youth Parliament members on the topic of Role and functioning of the capital market for the benfit of the economy. Mr. Aftab Ahmad Chaudhry answered questions of the MYPs pertaining to financial literacy, the working of Stock Exchanges and how these can be beneficial for the growth of economy in Pakistan. The last day of the third session of Youth Parliament Pakistan began with a resolution proposing that the non-democratic and unconstitutional practices should be discouraged and condemned by all the segments of the society. Muhammad Umar Riaz (YP36-Punjab16), Youth Minister for Law Parliamentary affairs and Human Rights introduced a government bill to facilitate the journalists by ensuring their rights, dignity, welfare and protection. “Besides journalists, others exposed to intimidation or violence for expressing their views include human rights defenders, political activists and progressive religious leaders”, the minister added. Later, several private member bills were introduced proposing amendments in Pakistan Penal Code 1860, Code of Criminal Procedure 1890, National Commission of Human Rights Act 2012 and Charitable Endowment Act 1890. In the end, Ahmed Numair Farooq (YP21-PUNJAB01), Najeeb Abid Baloch (YP05-BALOCHISTAN03), Yasir Riaz (YP12-ICT02), Omair Najam (YP52-SINDH04) presented Standing Committee Reports in the Youth Parliament of Pakistan. Upon conclusion of the day's proceedings, Deputy Speaker Youth Parliament Ms. Sarah Abdul Wadood (YP19-KPK06) prorogued 3rd session of the Youth Parliament Pakistan session sine die. The 4h Youth Parliament Pakistan is supported by the Danish International Development Agency, Government of Denmark as recognition of the importance of young people's involvement in democracy and democratic practices. |
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