The spokesperson for the Ministry of Foreign Affairs, Shafqat Ali Khan, deals with the weekly press briefing on January 30, 2025. – Screengrab via YouTube / @ Foreignoffice FO says that Islamabad has signed up with us on several levels. “Pakistan is looking forward to consolidating bilateral links with us.” Khan hopes that we are … Read more
One person enters the building of the global development organization based in Washington, the World Bank group, in Washington. – AFP/File Pakistan should focus on under-controlled factors: to rekindle. The BM vice-president declares that the loan of $ 20 billion in Pakistan is “conditional and indicative”. “Pakistan has capacities that could be used to attract … Read more
People collect bamboos from a house damaged following rains and floods during the monsoon season in Dera Allah Yar, Jafferabad district, Balochistan, August 25, 2022. — Reuters Envoy says it works with climate vulnerable communities in Britain. “We are not only facing a climate crisis, but also a natural crisis,” he says. He speaks at … Read more
Indian Foreign Minister Subrahmanyam Jaishankar speaks to reporters at the Indian Embassy in Washington, United States on January 22, 2025. — Screenshot via YouTube/Ministry of Foreign Affairs, India No proposal floated from either side to resume trade: Jaishankar. The Pakistani government suspended the trade in 2019, he says. “Our concern was that they never gave … Read more
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