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FATF: Govt to introduce virtual currency regulations

Islamabad: The federal government recently announced its decision to introduce regulations on the virtual currency used in the country — with the move aimed at meeting the requirements outlined by the Financial Action Task Force (FATF), a news source reported.

According to the details available, the government will be introducing the new regulations to monitor and regulate digital currencies, and the State Bank of Pakistan (SBP) has been directed to prepare the relevant bylaws for the purpose. The government has also issued standard operating procedures to the central bank in this regard.

According to SBP sources, the preparation of the initial draft of the regulations has begun. After it has been prepared, it will be issued to the stakeholders for their recommendations and suggestions. Afterward, it will be forwarded to the federal cabinet for its approval.

The initiative is expected to help the country further curb money-laundering and terror financing.

In addition to these regulations, the government is also going to introduce a number of amendments in other laws to meet FATF requirements.

COVID-19: Govt announces PKR 1.2 tn relief package; petrol prices slashed, aid for 4 months

Islamabad: Prime Minister (PM) Imran Khan has announced a special relief package amounting to PKR 1.2 trillion with an aim to provide relief to citizens struggling under the country’s economic crunch accrued in the wake of the COVID-19 pandemic, a news source reported. The special package promised for the construction sector – which he indicated had not previously been ‘seen in Pakistan’s history’ – will be announced within a few days.

The PM shared the details on these relief offerings during a press conference today (March 24).

The key highlights of the package are as follows:

  • PKR 3,000 monthly aid will be given individually to over 10.2 million Pakistanis for four months
  • Interest and principal payments will be deferred
  • Petrol, diesel, light diesel, and kerosene oil prices will be slashed down by PKR 15/liter
  • Funds worth PKR 50 billion will be earmarked for utility stores
  • Concession loans, deferred interest payments, and a PKR 100 billion fund will be allocated for the agriculture sector and small-and-medium scale enterprises
  • Expansion of existing shelter homes to accommodate more people
  • Tax refunds worth PKR 100 billion will be issued immediately for the export sector and related industries to help them pay their laborers
  • Electricity consumers using up to 300 units and gas consumers with monthly bills of up to PKR 2,000 can pay their dues in installments spanning 3 months
  • Tax on food items will be abolished or reduced
  • Funds worth PKR 50 billion will be set aside to purchase needed medical supplies
  • Funds worth PKR 100 billion will be reserved to deal with emergency situations – and to counter any potential lockdowns and they are after-effects
  • Funds worth PKR 25 billion will be allocated to the National Disaster Management Authority (NDMA) to purchase CONVID-19 testing kits and related supplies

In his concluding remarks, the PM appealed to citizens to cooperate with the government in its efforts to stop the further spread of the coronavirus by remaining indoors.

All You Need to Know About Making Your Own Hand Sanitizer

COVID-19 can spread through person-to-person contact (within 6 feet). A person with the illness can pass it on to others through a handshake. Or if an infected person touches an object and a healthy individual comes in contact with the same object, they can contract coronavirus. That said, you can easily minimize the risk of getting sick by frequently washing hands or using an alcohol-based hand sanitizer that kills germs within a matter of seconds.

But there’s one problem. After the World Health Organisation (WHO) declared the outbreak of coronavirus a pandemic on March 11, grocery stores and pharmacies across Pakistan started running out of hand sanitizers. If you are looking for a hand sanitizer in Pakistan and can’t find one, don’t worry! Here is a homemade hand sanitizer recipe that you can easily make on your own.

Let’s get started!

HOW TO MAKE HOMEMADE HAND SANITISER

effective DIY sanitizer
How to make your own hand sanitizer at home

If you are someone looking for a recipe for making natural hand sanitizers, you have landed on the right page.

You can make your homemade hand sanitizer using only three ingredients. Remember, sanitizers are to be used only when there is no availability of soap and water. If water and soap are available, then wash your hands, frequently, for 20 seconds to protect yourselves and others from contracting coronavirus.

DIY RECIPE OF HOMEMADE HAND SANITISER

Let’s take a look at the homemade hand sanitizer recipe you can try at home. All you need are a few plastic bottles, a funnel to store the homemade hand sanitizer spray in the bottle and the following ingredients:

  • 2/3 cup of 99% isopropyl alcohol 
  • 1/3 cup of aloe vera gel
  • 10 drops of essential oils

These three ingredients must be measured accurately to yield the desired results. Follow these steps to make an effective hand sanitizer at home.

  • Pour the above-mentioned quantity of isopropyl alcohol and aloe vera gel into a container. Since hand sanitizers need to have at least 60% of isopropyl alcohol in order to be effective, keep a 2:1 ratio of isopropyl alcohol to aloe vera gel.
  • A word of caution: isopropyl alcohol is flammable, has a strong odor and is colorless. Make sure isopropyl alcohol is kept away from any fire source to avoid accidents. Wear protective gloves when preparing the hand sanitizer at home to stay safe. Keep children out of reach, as isopropyl alcohol can be poisonous if you consume it. 
  • For every 2 parts of isopropyl alcohol you add, mix 1 part of aloe vera gel or if you are unsure about the measurements, follow the above-mentioned quantities. 
  • As the last step in making this natural hand sanitizer spray, add essential oils if required. If you don’t like how the isopropyl alcohol smells, then add a few essential oils with a nice fragrance. Moreover, you can add essential oils that are antiseptic in nature to provide enhanced protection against viruses and germs.
  • Mix the ingredients using a spoon and pour them out in plastic bottles with the help of a funnel. There you go! Your DIY hand sanitizer spray is all ready to be used.

This sanitizer spray won’t be like the usual sanitizer gel you get in the market, but the efficacy remains the same.

Keep the bottle of your homemade hand sanitizer in your purse or laptop bag, whichever article you carry daily to work, and use it for sanitizing your hands frequently, especially after touching doorknobs, laptops, buttons in the elevator and other objects.

HAND WASH VS. HAND SANITISER

hand washing
Washing hands for 20 seconds is important to wash away germs

Although you can easily make your own hand sanitizer at home, this doesn’t mean that you totally skip washing hands as recommended by the Centre for Disease Control (CDC).

The best way for washing hands is to make a soapy lather for 20 seconds and rinse with water. You can use the liquid hand wash available in the market or regular soap, whatever you prefer. Washing your hands properly is necessary, especially when your hands look visibly dirty.

If your child is playing out in the garden, then his hands should be thoroughly washed with soap and water for a good 20 seconds to wash off any kind of germs or viruses.

If you are traveling in a bus and there is no availability of soap and water, then you can use this DIY hand sanitizer spray to keep yourself and others protected from contracting coronavirus.

So, this is one of the most effective ways to make your own hand sanitizer at home.

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