Politics
PM Shehbaz Sharif Highlights Raast’s Role in Driving Cashless Economy and Financial Inclusion
Prime Minister Shehbaz Sharif has praised Raast, Pakistan’s national payment system, for its pivotal role in promoting a cashless economy and advancing financial inclusion across the country. Speaking to the newly appointed members of the Raast board at the PM House on Thursday, the prime minister emphasized the importance of accelerating efforts to encourage businesses […]
Kuwait Keen to Enhance Investment in Pakistan, Focus on Energy and Trade
Kuwait has expressed strong interest in expanding its investment footprint in Pakistan, particularly in the energy, trade, and broader investment sectors, signaling growing confidence in Pakistan’s economic potential. Federal Minister for Petroleum Ali Pervez Malik held a high-level meeting with Kuwait’s Minister of Finance and Chairman of the Kuwait Investment Authority (KIA), Dr. Sabih Al […]
PM Shehbaz Welcomes 50-Basis-Point Interest Rate Cut as Boost for Economy
Prime Minister Shehbaz Sharif has welcomed the State Bank of Pakistan’s decision to cut the policy interest rate by 50 basis points, calling it a positive signal for the country’s economic direction and a relief-oriented step for businesses and the general public. In an official statement issued on Monday, the prime minister said the reduction […]
Pakistan, ADB Sign Three Major Agreements to Boost Transport and Water Infrastructure
Pakistan has formalised three key agreements with the Asian Development Bank (ADB) to accelerate major infrastructure initiatives in the transport and water resource sectors. The Ministry of Economic Affairs confirmed the development on Friday, describing the financing as a strategic boost to Pakistan’s ongoing development agenda. The agreements outline support for preparing the ML-1 Karachi […]
Saudi Arabia Rolls Over Its $3 Billion Deposit for Pakistan
Saudi Arabia has rolled over its US$3 billion deposit for Pakistan for another year after the Saudi Development Fund approved an extension, providing the government with critical external financing support. The rollover ensures that the funds currently held by the State Bank of Pakistan remain available to reinforce the country’s foreign exchange reserves during a […]
PM Seeks Expanded Turkish Investment in Pakistan’s Energy Sector Amid Deepening Bilateral Cooperation
Prime Minister Shehbaz Sharif has invited Turkish companies to expand their investment footprint in Pakistan’s energy sector, underscoring the government’s commitment to strengthening bilateral ties with Türkiye through strategic economic collaboration. He made the remarks during a meeting with Turkish Minister of Energy and Natural Resources Alparslan Bayraktar, who called on him at the PM […]
FM Aurangzeb Calls for Urgent Action on Climate Change and Population Growth at Pakistan Population Summit
Finance Minister Muhammad Aurangzeb has underscored the urgent need for Pakistan to confront the dual challenges of climate change and rapid population growth, describing them as critical barriers to unlocking the nation’s full economic and developmental potential. Speaking at the Pakistan Population Summit in Islamabad, the minister highlighted that meaningful progress requires collective responsibility, strategic […]
Ishaq Dar Urges Muslim Countries to Unite Against Terrorism, Calls for Stronger Ummah Solidarity
Deputy Prime Minister and Foreign Minister Senator Ishaq Dar has called on Muslim nations to unite against terrorism and reinforce harmony within the Muslim Ummah. Speaking at the concluding ceremony of the First International Qira’at Competition in Islamabad, Dar emphasized the need for collective strength, shared purpose and stronger religious guidance to confront growing global […]
UAE Not Issuing Visas to Pakistanis Over Criminal Activity Concerns, Senate Body Told
Pakistan’s Senate Functional Committee on Human Rights was briefed on Thursday that the United Arab Emirates (UAE) is currently not issuing visas to Pakistani citizens due to concerns related to criminal activity and misuse of Pakistani identification documents. The disclosure was made by Additional Interior Secretary Salman Chaudhry, who delivered a detailed briefing on rising […]
Verdict Reserved After KP CM Appears Before ECP in Haripur Poll Violation Case
The Election Commission of Pakistan (ECP) has reserved its verdict on the maintainability objection raised by Khyber Pakhtunkhwa Chief Minister Sohail Afridi after he personally appeared before the Commission on Tuesday in connection with alleged violations during the Haripur by-election. Afridi’s appearance comes amid accusations of threats to polling staff and claims that he breached […]