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Minister of State for Interior Talal Chaudhry made the announcement during a press conference in Islamabad on Friday. Deportation Underway in Second Phase Talal Chaudhry confirmed that the government is actively carrying out deportations under the second phase of the “One Document Regime.” This initiative requires all foreign nationals, including Afghan citizens, to possess valid …
Continue reading “Pakistan Cracks Down on Immigrants: No More Extensions”
Amid growing national unity and economic momentum, Prime Minister Shehbaz Sharif has doubled down on his government’s anti-terrorism efforts in Pakistan, declaring an unwavering resolve to eliminate terrorism once and for all. A Firm Pledge Against Terrorism “We will continue our Jihad against terrorism with full force,” PM Shehbaz said. “The terrorists will be dealt …
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In a powerful push to boost financial literacy in Pakistan, the State Bank of Pakistan (SBP), in collaboration with commercial banks, universities, and partner institutions, organized financial literacy walks across 16 major cities. These events drew thousands of enthusiastic participants from all walks of life, united under one cause—building a financially aware and empowered society. …
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In a bold move to reshape Pakistan’s financial landscape, Prime Minister Shehbaz Sharif has directed the formation of a high-level working group to spearhead economic digitization. The initiative aims to eliminate the country’s vast informal sector and accelerate national development by integrating technology into all aspects of the economy. The announcement signals a major step …
Continue reading “PM Launches Drive for Full Economic Digitization”
Kuwait’s decision to extend its oil credit facility for Pakistan by another two years comes as a timely boost to the country’s external financial stability. The move, which allows Pakistan State Oil (PSO) to continue importing 1.8 million tons of oil annually on a 90-day deferred payment basis, is expected to ease pressure on Pakistan’s …
Continue reading “Kuwait’s Oil Credit Extension Boosts Pakistan’s External Finances”
Pakistan’s foreign reserves remain steady despite external debt obligations, reflecting cautious management of the country’s external finances. As of April 11, 2025, the State Bank of Pakistan (SBP) reported total liquid foreign reserves at $15.66 billion, providing a crucial buffer for economic stability and international payments. Breakdown of Foreign Reserves According to the SBP’s latest …
Continue reading “Pakistan’s Foreign Reserves Hold Steady Amid External Debt”
Pakistan is aiming to enhance Pakistan-UK cooperation across all sectors of mutual interest, with a strong focus on security, counter-terrorism, and cross-border crime prevention. This message was delivered by Interior Minister Mohsin Naqvi during a high-level meeting with the UK’s Minister for Faith and Communities, Lord Wajid Khan, in Islamabad on Wednesday. High-Level Dialogue in …
Continue reading “Pakistan Seeks UK Ties Through Security and Development”
In a major boost to bilateral ties, Hungary has announced 400 fully funded Hungary-Pakistan scholarships for Pakistani students, strengthening educational and diplomatic relations between the two countries. The announcement came during a joint press conference in Islamabad on Wednesday, where Pakistan’s Deputy Prime Minister and Foreign Minister Ishaq Dar hosted Hungary’s Minister of Foreign Affairs …
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Pakistan reaffirmed its unwavering support for Pakistan UN peacekeeping efforts during a high-level gathering in Islamabad. On Wednesday, Deputy Prime Minister Ishaq Dar met with UN Under Secretary-Generals Jean-Pierre Lacroix and Atul Khare on the sidelines of the UN Peacekeeping Preparatory Meeting. The conference, jointly hosted by Pakistan and South Korea, brought global attention to …
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The BNP-Mastung protest that paralyzed key trade routes for nearly three weeks has come to an end. The Balochistan National Party-Mengal (BNP-M) announced on Wednesday that it is calling off its 20-day sit-in at Lak Pass, Mastung. The decision comes after growing concerns over public inconvenience and major disruptions to trade routes. Shift in Strategy …
Continue reading “BNP-M Ends Sit-In, Launches New Protest Campaign”
In a significant revelation, Prime Minister Shehbaz Sharif stated that Pakistan’s recent success in securing the IMF bailout would not have been possible without China’s support. During a ceremony held in Islamabad, the premier praised China as the country’s “most sincere friend” and emphasized the critical nature of their bilateral ties, especially in the wake …
Continue reading “China’s Crucial Role in Pakistan’s IMF Deal and Agricultural Revival”
In a powerful address at the Overseas Pakistanis Convention, Chairman of the Overseas Pakistanis Foundation (OPF), Syed Qamar Raza, hailed overseas Pakistanis as the “pride of the nation.” He praised their unwavering contributions to Pakistan’s development and global image, stating, “Wherever they are in the world, they raise our flag with honor.” Convention Celebrates Overseas …
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Islamabad, April 15 — Fitch Ratings on Monday upgraded Pakistan’s long-term foreign-currency issuer default rating to ‘B-’ from ‘CCC+’, reflecting improved fiscal management, stabilised external accounts, and stronger economic policymaking. The outlook remains stable. The upgrade signals renewed investor confidence in Pakistan’s ability to enforce reforms under its ongoing International Monetary Fund (IMF) programme. The …
Continue reading “Fitch Upgrades Pakistan’s Credit Rating to ‘B-’, Cites Economic Recovery”
ISLAMABAD: In a major relief for power consumers, the National Electric Power Regulatory Authority (NEPRA) has approved a Rs1.71 per unit reduction in electricity tariffs across Pakistan, including Karachi. The price cut will apply from April to June 2025, easing the burden of rising inflation. This decision follows a formal request from the federal government, …
Continue reading “NEPRA Slashes Electricity Prices by Rs1.71 per Unit Across Pakistan”
Vehicle transfer fees in Pakistan have been increased significantly, with electric vehicles (EVs) now formally included under the new structure. The Ministry of Finance has announced the revised rates, which are now in effect across the country. These changes aim to standardize charges, encourage compliance, and streamline the ownership transfer process. Revised Rates for Traditional …
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Remittance inflows to Pakistan surged to an all-time high of $4.1 billion in March 2025, offering a much-needed boost to the country’s economy. The State Bank of Pakistan (SBP) confirmed the record-breaking figure, with Saudi Arabia leading the list of top contributors. This development signals a strong turnaround in Pakistan’s external account position amid ongoing …
Continue reading “Pakistan Sets Remittance Record with $4.1 Billion in March 2025”
Interior Minister Mohsin Naqvi declared on Sunday that Pakistan stands as a global shield in counterterrorism cooperation, serving as a critical barrier between terrorism and the rest of the world. His remarks came during a high-level meeting with visiting US Congressmen in Islamabad, where both sides discussed security, trade, and investment. Strengthening Pakistan-US Relations The …
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In a surprising yet strategic move, China has shown serious interest in establishing donkey farming in Pakistan, citing the country’s ideal environment for breeding. The initiative, if finalized, could open new economic doors for Pakistan while strengthening agricultural and trade ties with its largest regional ally. High-Level Talks in Islamabad On Saturday, a Chinese delegation …
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In a powerful address to the business community, Finance Minister Muhammad Aurangzeb vowed that the government would ensure inflation relief in Pakistan directly benefits ordinary citizens. He stressed that intermediaries, or “middlemen,” would not be allowed to manipulate the system for personal gain, especially with inflation reaching a record low. Inflation at Historic Low Aurangzeb’s …
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Nobel Peace Prize winner Malala Yousafzai has called on the government of Pakistan to immediately halt the Afghan girl deportation process, citing both humanitarian and legal concerns. Speaking through her organization, the Malala Fund, she emphasized the urgent need to protect Afghan girls and women facing threats under Taliban rule. Humanitarian Concerns Raised Malala expressed …
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In a major development ahead of Hajj 2025, Saudi Arabia has approved an additional Hajj quota increase of 10,000 pilgrims for Pakistan. The move strengthens the already deep-rooted ties between the two nations and highlights Saudi Arabia’s continued support for Pakistani pilgrims. High-Level Request Yields Quick Results The decision came after Deputy Prime Minister Muhammad …
Continue reading “Hajj 2025: Saudi Arabia Grants 10,000 More Slots to Pakistan”
As the US-China trade war intensifies under Donald Trump’s renewed tariff policy, Pakistan faces a looming economic threat. With Washington slapping a staggering 145% tariff on Chinese imports and maintaining a blanket 10% tariff on others, countries like Pakistan find themselves caught in the crossfire—potentially facing a “double whammy” of lost export markets and a …
Continue reading “Trade Turmoil: Pakistan Braces for Fallout from US-China Tariff War”
Prime Minister Shehbaz Sharif hailed a new chapter in Pakistan-Belarus cooperation following a productive visit to Belarus. He expressed gratitude to Belarusian President Aleksandr Lukashenko for the warm hospitality and called the day a landmark in the diplomatic relationship between the two countries. Strengthening Bilateral Ties In a social media post on platform X, Prime …
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