Finance Minister Muhammad Aurangzeb speaks during an interview with Reuters at his office in Islamabad, Pakistan, July 19, 2024. — Reuters/File Pakistan signs term sheets, one bilateral, one for trade: FinMin. The first evaluation of the EFF is scheduled for the end of February, says Aurangzeb. The minister invites global players to invest in priority … Read more
President Asif Ali Zardari (left), US President Donald Trump (centre) and Prime Minister Shehbaz Sharif. — APP/Reuters/File President Zardari expresses his best wishes for the new US president. The Prime Minister calls for Pakistani and American collaboration for peace and prosperity in the region. President Trump’s inaugural speech ‘constructive’: Khawaja Asif. Pakistan’s top leaders on … Read more
A woman holds U.S. dollar bills in this illustration taken May 30, 2022. — Reuters Prime Minister Shehbaz said the project aims to implement digital infrastructure. The Prime Minister says the project will focus on sectors likely to attract foreign investment. The Prime Minister says the country is moving towards a dynamic digital economy. LAHORE: … Read more
A representative image of a currency dealer counting $100 bills. — AFP/File The current account surplus for December alone climbs to $582 million. The turnover surplus decreased by 15% compared to the previous month. . Prime Minister Shehbaz Sharif welcomes current account surplus. KARACHI: Pakistan recorded its highest current account (CA) surplus in 15 years … Read more
Listen to the article The Pakistan Navy has taken a significant lead over India in the field of air-independent propulsion (AIP) technology, and further progress is expected. The Pakistan Navy has reportedly surpassed the Indian Navy in adopting AIP technology, with Chinese-built Hangor-class submarines expected to join its fleet as per schedule. India’s recent addition … Read more
A representative image of an open pit mine. —Reuters/File A Gulf country will initially obtain 10% of the shares. Foreign exchange will be introduced into Pakistan. Revised valuation of project shares in the works. ISLAMABAD: Pakistan and the Kingdom of Saudi Arabia (KSA) are set to finalize details of the multi-billion dollar Reko Diq project … Read more
Listen to the article The Pakistan Meteorological Department (PMD) has issued a weather warning, predicting that westerly winds will enter the country from Saturday, bringing with them widespread rainfall and snowfall. According to the department, from January 18 to 20, areas of Balochistan such as Quetta, Ziarat, Chaman, Pishin, Qilla Abdullah, Qilla Saifullah, Chagai, Nushki, … Read more
A currency dealer counts US dollars at a store in Karachi. — AFP/File Deposits placed with the SBP matured in January 2025. Prime Minister Shehbaz confirmed the postponement during Tuesday’s meeting. Foreign exchange reserves amount to $16,450.9 million. The United Arab Emirates (UAE) has confirmed the refinancing of its two deposits of $1 billion each, … Read more
A doctor treats a little girl at the Mithi Civil Hospital, in Mithi, Sindh, on May 25, 2018. — AFP/File 34% of children under five are stunted nationwide. Stunted growth is seen as the main consequence of inaction. Pakistan has the highest prevalence of stunting in South Asia. ISLAMABAD: Due to the ongoing undernourishment crisis, … Read more
Bangladesh Armed Forces Division Principal Staff Officer (PSO) Lt. Gen. SM Kamr-ul-Hassan (left) meets with Chief of Army Staff (COAS ), General Syed Asim Munir, at General Headquarters (GHQ) Rawalpindi on January 14, 2025. — ISPR The COAS reiterates the importance of joint efforts to promote peace. Lieutenant General Hassan praises the professionalism of the … Read more