PAKISTAN NEWS - The Pakistan Times

Inflation Drops to 4.5% in FY 2024-25 – Lowest in Nine Years

4Jul

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Inflation Drops to 4.5% in FY 2024-25 – Lowest in Nine Years

Islamabad, July 4, 2025(Memoona): Federal Minister for Planning, Development & Special Initiatives, Ahsan Iqbal, chaired a meeting of the National Price Monitoring Committee (NPMC) in Islamabad to review the inflationary trends and pricing mechanism across the country. The meeting was attended by the Chief Economist, Chief Statistician, senior officials from the Ministry of Food and Agriculture, and representatives from relevant federal and provincial departments.During the meeting, the Chief Statistician presented key data indicating that the inflation rate for the fiscal year 2024-25 stood at 4.5%, significantly down from 23.4% recorded during the previous year. Minister Ahsan Iqbal highlighted this as the lowest inflation rate in the past nine years, reflecting the government's ...

Federal Interior Minister Mohsin Naqvi congratulates the American people, Acting US Ambassador Natalie Baker and US diplomats on the occasion of the Independence Day of USA

4Jul

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Federal Interior Minister Mohsin Naqvi congratulates the American people, Acting US Ambassador Natalie Baker and US diplomats on the occasion of the Independence Day of USA

Islamabad, 4July 2025(Kamran Raja): Federal Interior Minister Mohsin Naqvi congratulated the American people, Acting US Ambassador Natalie Baker and all US diplomats on the occasion of the Independence Day of USA. Expressing his best wishes to the American Government and the people, Interior Minister Mohsin Naqvi said that we also share their joy on the Independence Day. He said that Independence Day of USA is a manifestation of sacrifice, democracy, freedom, sovereignty and dignity. He said that under the leadership of President Donald Trump, US is on the path of progress, unity and peace. He added that US President Donald Trump has been playing an exemplary role for sustainable peace in the world. He hoped that long-standing global conflicts will be resolved during his tenure.The Int...

Prime Minister Shehbaz Sharif met with President of the Republic of Turkiye

4Jul

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Prime Minister Shehbaz Sharif met with President of the Republic of Turkiye

Khankendi, Azerbaijan: 4 July 2025(Kamran Raja): Prime Minister Muhammad Shehbaz Sharif met with President of the Republic of Turkiye, H.E. Recep Tayyip Erdoğan, on the sidelines of the 17th ECO Summit in Khankendi. The two leaders engaged in a comprehensive review of bilateral relations and exchanged views on key regional developments.The two leaders reiterated their resolve and commitment to bringing about a meaningful progress in relations between the two countries, in all important sectors. Both leaders emphasized the importance of deepening cooperation in trade, defense, energy, connectivity, and investment sectors. To this end, the two countries agreed to exchange high level delegations so as to ensure early finalization of the understandings reached between the two leaders.P...

Prime Minister met with President of Azerbaijan

4Jul

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Prime Minister met with President of Azerbaijan

Khankendi, Azerbaijan: 4 July 2025(Nosheen): Prime Minister Muhammad Shehbaz Sharif, visited Azerbaijan to lead Pakistan’s delegation in the 17th Economic Cooperation Organization (ECO) Summit in Khankendi, Azerbaijan, held on 3-4 July, 2025.On the sidelines of the Summit, Prime Minister Shehbaz Sharif held a productive bilateral meeting with H.E. Mr. Ilham Aliyev, President of Azerbaijan. The PM congratulated the President of Azerbaijan for hosting the 17th ECO Summit in an exemplary manner.Prime Minister Shehbaz Sharif also conveyed his gratitude to President Aliyev and the people of Azerbaijan for the gracious hospitality extended to him and his delegation during his recent visit to Lachin, Azerbaijan, from May 27-29, 2025.The Prime Minister also thanked President Ilham on A...

Special Task Force Meets on PM’s Directive to Address Iran-Iraq Pilgrims’ Issues

4Jul

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Special Task Force Meets on PM’s Directive to Address Iran-Iraq Pilgrims’ Issues

Islamabad, 4 July 2025(Kamran Raja): On the directions of the Prime Minister, a key meeting of the Special Task Force established to resolve the issues of pilgrims traveling to Iran and Iraq was held at the Ministry of Interior. Chairperson of the Task Force and Federal Minister for Interior Mohsin Naqvi, Federal Minister for Religious Affairs Sardar Muhammad Yousaf, Federal Minister for Overseas Pakistanis Chaudhry Salik Hussain, and Minister of State for Interior Talal Chaudhry attended the meeting.During the meeting, important decisions were made regarding the facilitation and security of pilgrims. Civil Aviation briefed the meeting that the number of weekly flights to Iran has been increased from 6 to 15, while for Arbaeen, 107 special flights to Iraq have been arranged. It was fur...

Chinese Delegation Explores Joint Ventures in Minerals Sector with ICCI

3Jul

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Chinese Delegation Explores Joint Ventures in Minerals Sector with ICCI

3 July 2025, ISLAMABAD(Kamran Raja): A two-member Chinese business delegation from Shihshine Universal Mining and SME (Pvt) Company, comprising Shi Jie and Fang Yang, visited the Islamabad Chamber of Commerce and Industry (ICCI) to explore investment and joint venture opportunities in Pakistan’s mines and minerals sector. The delegation was accompanied by ICCI member Mohammad Yassar. Nasir Mansoor Qureshi, President ICCI, warmly welcomed the delegation and highlighted the region’s investment-friendly environment, pointing to the presence of thriving industries such as pharmaceuticals, marble, and steel. He emphasized that improved infrastructure and growing demand in regional and international markets make the mining sector particularly attractive for foreign investors. He urged Chinese e...

Housing Minister Hands Over Possession of Plots to Allottees in Sky Gardens Housing Project

3Jul

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Housing Minister Hands Over Possession of Plots to Allottees in Sky Gardens Housing Project

July 03, 2025(Ghufran): In a significant milestone for the Federal Government Employees Housing Authority (FGEHA), Federal Minister for Housing and Works, Mian Riaz Hussain Pirzada, formally handed over possession letters to the allottees of the Sky Gardens Housing Project in a ceremony held today at the project site. Sky Gardens is a flagship joint venture between FGEHA and Commoners Sky Garden, agreed and signed in 2019. Located in a scenic hilly area off the New Murree Expressway, the project spans over 11,000 kanals, out of which 7,200 kanals have been transferred to the FGEHA. The project primarily caters to federal government employees registered under the 2009 membership drive. Despite encountering multiple delays over the years including inquiries by NAB and scrutiny by the Supreme...

Finance Minister Advances Strategic Partnerships During High-Level Bilateral Meetings on Sidelines of FFD4 in Seville

3Jul

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Finance Minister Advances Strategic Partnerships During High-Level Bilateral Meetings on Sidelines of FFD4 in Seville

Islamabad – 3rd July 2025(Nosheen): Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb has held a series of high-level bilateral meetings and strategic engagements on the sidelines of the Fourth International Conference on Financing for Development (FFD4), currently underway in Seville, Spain. These meetings were aimed at fostering deeper strategic cooperation with partner countries and institutions across areas such as development finance, trade, climate resilience, and institutional capacity-building. The Finance Minister is representing Pakistan in the Fourth International Conference on Financing for Development (FFD4), as well as in various side events, policy dialogues, and multi-stakeholder round-table discussions. As part of his bilateral meetings, the Finance Minis...

Chief of the Air Force, South Africa called on General Sahir Shamshad Mirza, NI (M), Chairman Joint Chiefs of Staff Committee (CJCSC), at Joint Staff Headquarters: ISPR

3Jul

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Chief of the Air Force, South Africa called on General Sahir Shamshad Mirza, NI (M), Chairman Joint Chiefs of Staff Committee (CJCSC), at Joint Staff Headquarters: ISPR

Rawalpindi, July 3, 2025(Kamran Raja): Lieutenant General Wiseman Simo Mbambo, Chief of the Air Force, South Africa called on General Sahir Shamshad Mirza, NI (M), Chairman Joint Chiefs of Staff Committee (CJCSC), at Joint Staff Headquarters, Rawalpindi. During the meeting, both sides held discussions on wide range of areas of mutual interest and bilateral cooperation. The dignitaries discussed practical measures to further expand the level and scope of engagements between the two militaries. They also exchanged views on the broader geopolitical landscape. CJCSC shared Pakistan's perspective on evolving regional security landscape and highlighted Pakistan's contributions towards regional peace and stability. The visiting dignitary lauded the professionalism of Pakistan Armed Forces and a...

Prime Minister Muhammad Shehbaz Sharif’s two-day visit to Azerbaijan

3Jul

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Prime Minister Muhammad Shehbaz Sharif’s two-day visit to Azerbaijan

Islamabad 3 July 2025(Kamran Raja): Prime Minister Muhammad Shehbaz Sharif has left for Azerbaijan on a two-day visit to attend the Economic Cooperation Organization (ECO) summit. Prime Minister Shahbaz Sharif will attend and address the Economic Cooperation Organization (ECO) summit in Khankundi. In his address, the Prime Minister will present Pakistan’s perspective on regional and global challenges and issues, and reiterate Pakistan’s commitment to the ECO Vision 2025.The Prime Minister will emphasize on promoting regional trade, strengthening regional connectivity, cooperation in the energy sector and measures to achieve sustainable development in the region. The Prime Minister will also meet with world leaders participating in the summit. Deputy Prime Minister and Foreign Minister ...