Monday, July 27

PAKISTAN NEWS

PM calls for SCO’s joint action to counter economic recession, terrorism & climate change
PAKISTAN NEWS

PM calls for SCO’s joint action to counter economic recession, terrorism & climate change

PM calls for SCO’s joint action to counter economic recession, terrorism & climate changePrime Minister Shehbaz Sharif on Tuesday called for a joint action by the member states of the Shanghai Cooperation Organization (SCO) to address the common challenges of economic recession, terrorism, and climate change. “The SCO represents a promising future only if we seize the opportunity to achieve the shared goals for the region’s peace and prosperity,” he said in his virtual address to the 23rd Meeting of the SCO Council of Heads of State (CHS). The invitation to Prime Minister Sharif to attend the SCO-CHS, which was held in a video conference format, was extended by the prime minister of India in his capacity as the current Chair of the SCO.Chinese President Xi Jinping, Russian Pr...
Pakistan needs a long-term external financing plan to meet its large financing needs in the next few years
PAKISTAN NEWS

Pakistan needs a long-term external financing plan to meet its large financing needs in the next few years

Pakistan needs a long-term external financing plan to meet its large financing needs in the next few yearsPakistan needs a long-term external financing plan to meet its large financing needs in the next few years, Grace Lim analyst at Moody's Investor Service said to a local news channel. Grace Lim highlighted that the IMF program will support macroeconomic stability. However, in the longer term, the government needs to implement reforms including revenue-raising measures, whereas, in the near term economy to remain subdued. High-interest rates and inflation constrain government spending as well as business investment. “The approval of the Standby Arrangement (SBA) will moderately improve Government liquidity,” she said.Moreover, financing from IMF will open up support from other...
H.E Ms. Pang Chunxue, Charge’d Affairs, Embassy of the People’s Republic of China, called on Finance Minister Senator Mohammad Ishaq Dar
PAKISTAN NEWS

H.E Ms. Pang Chunxue, Charge’d Affairs, Embassy of the People’s Republic of China, called on Finance Minister Senator Mohammad Ishaq Dar

H.E Ms. Pang Chunxue, Charge’d Affairs, Embassy of the People’s Republic of China, called on Finance Minister Senator Mohammad Ishaq DarFinance Minister Senator Muhammad Ishaq Dar warmly greeted the Charge de Affairs and appreciated the deep rooted historical bilateral relations between Pakistan and China. The Finance Minster further informed the Charge de Affairs about the progress on the 9th review with IMF stating that Pakistan has successfully reached the staff level agreement. He also apprised the Charge de affairs about stability in the economy and how the government is making efforts to preserve this economic stability and move the economy towards growth. Additionally, he appreciated the Chinese support to Pakistan on multiple fronts, and specifically thanked for the cooperati...
Joint Press Conference of Pakistan FM Bilawal Bhutto Zardari and Japanese FM in Japan
PAKISTAN NEWS

Joint Press Conference of Pakistan FM Bilawal Bhutto Zardari and Japanese FM in Japan

Joint Press Conference of Pakistan FM Bilawal Bhutto Zardari and Japanese FM in JapanTokyo: Foreign Minister Bilawal Bhutto Zardari held a joint press conference with his Japanese counterpart Yoshimasa Hayashi Foreign Minister Bilawal Bhutto Zardari's speech My sincere thanks to Foreign Minister Hayashi for hosting me and my delegation This is my first visit to Japan and this beautiful city of Tokyo Pakistan and Japan are long-standing friends and share a special relationship based on deep ties Pakistani people have deep feelings of warmth and love for Japan and the Japanese people We have always stood by each other in times of need We value our relationship with Japan very much In the past year, we have seen renewed energy and excitement in the relationship through continued high-le...
Safety message of Pakistan Air Force on the occasion of Eid-ul-Adha
PAKISTAN NEWS

Safety message of Pakistan Air Force on the occasion of Eid-ul-Adha

Safety message of Pakistan Air Force on the occasion of Eid-ul-AdhaOn the occasion of Eid-ul-Azha, the Public Relations Department of the Pakistan Air Force has released a special promo with the message that the entrails, offal and other remains of sacrificial animals are thrown at unspecified places on the occasion of Eid. Attracts large birds like eagles and vultures. These birds collide with high-speed aircraft and cause havoc, causing loss of aircraft, pilots and precious lives. Therefore, the public is requested to throw the remains of the sacrificed animals in designated places or bury them in the ground and ensure the cleanliness of their surroundings.Editor: Raja Kamran
Somali Prime Minister met with Pakistani President Arif Alvi
PAKISTAN NEWS

Somali Prime Minister met with Pakistani President Arif Alvi

Somali Prime Minister met with Pakistani President Arif AlviThe Prime Minister of the Federal Republic of Somalia, Mr. Hamsa Abdi Barre, met with the President of Pakistan, Mr. Arif Alvi, who is performing the Hajj this year.The Prime Minister and the President discussed strengthening the traditional relations between the two brotherly countries of Somalia and Pakistan and how to further strengthen the cooperation between the two countries in the fields of agricultural production, fishing, energy and livestock.Mr. Hamsa and Mr. Arif also discussed the ways in which the two sides would help each other in the fight against terrorism, and they agreed to prepare delegations from both sides, led by the ministers of foreign affairs, in order to proceed with the implementation of th...
A significant announcement regarding the reopening of 62 coal mines in central Kurram
PAKISTAN NEWS

A significant announcement regarding the reopening of 62 coal mines in central Kurram

A significant announcement regarding the reopening of 62 coal mines in central KurramFederal Minister for Overseas Pakistanis and Human Resources Development, Sajid Turi, in collaboration with the Pakistan Army, has made a significant announcement regarding the reopening of 62 coal mines in central Kurram. These mines have been non-operational for the past 16 years due to terrorism in the region. This decision is set to provide employment opportunities to over 5,000 individuals in the district of Kurram, ultimately contributing to the further development of Pakistan's economy. On the auspicious occasion,Minister Sajid Turi expressed that this initiative aligns with the vision of PPP chairman Bilawal Bhutto, who aims to create employment opportunities and ensure the welfare of coal m...
Prime Minister Meets Chinese Premier Li Qiang in Paris
PAKISTAN NEWS

Prime Minister Meets Chinese Premier Li Qiang in Paris

Prime Minister Meets Chinese Premier Li Qiang in ParisPrime Minister Muhammad Shehbaz Sharif and Mr. Li Qiang, Premier of the State Council of China met today on the sidelines of the Summit for a New Global Financial Pact in Paris. It was the first in-person meeting between the two leaders since Premier Li assumed office in March this year. The conversation was marked by traditional warmth and cordiality that has been the hallmark of Pakistan-China All-Weather Strategic Cooperative Partnership. During the meeting, the two leaders held an in-depth discussion on the entire gamut of bilateral relationship including China-Pakistan Economic Corridor (CPEC) as well as bilateral economic cooperation. Reiterating support to China on its core issues, the Prime Minister appreciated China’s u...
U.S. Deputy Chief of Mission Concludes the Future of Women in Energy Scholar Program
PAKISTAN NEWS

U.S. Deputy Chief of Mission Concludes the Future of Women in Energy Scholar Program

U.S. Deputy Chief of Mission Concludes the Future of Women in Energy Scholar ProgramThe U.S. Deputy Chief of Mission Andrew Schofer, along with Federal Secretary for Energy Rashid Mahmood Langrial and USAID Mission Director Reed Aeschliman, concluded the second cohort of the Future of Women in Energy Scholars program with a certificate distribution ceremony on June 23, 2023. The program, which was launched in 2022 in Pakistan, aims to support and inspire Pakistani women to pursue careers in the energy sector.Held in Islamabad, the ceremony featured remarks from the U.S. Deputy Chief of Mission and the Federal Secretary for Energy. “We commend the Pakistani government’s decision to increase its share of renewable energy to 60 percent by 2030. We remain committed to supporting th...
Prime Minister’s Meeting with President of the EU Commission
PAKISTAN NEWS

Prime Minister’s Meeting with President of the EU Commission

Prime Minister's Meeting with President of the EU CommissionPrime Minister Shehbaz Sharif met President of the EU Commission Ursula von der Leyen on the sidelines of the New Global Financing Pact Summit in Paris.The Prime Minister thanked the President of the Commission for her participation in the Resilient Pakistan Conference held in Geneva on 9 January this year. He conveyed Pakistan's commitment to continue working in close collaboration with the European institutions for rehabilitation and reconstruction in the flood-affected areas. The Prime Minister appreciated high-level interactions between Pakistan and the EU and renewed invitation to the Commission President to visit Pakistan.Recalling the importance of GSP Plus, the Prime Minister noted with satisfaction that it w...