Friday, April 24

Tag: The Pakistan Times

Inflation Drops to 4.5% in FY 2024-25 – Lowest in Nine Years
Latest, PAKISTAN NEWS

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
Latest, PAKISTAN NEWS

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
Latest, PAKISTAN NEWS

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
Latest, PAKISTAN NEWS

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
Latest, PAKISTAN NEWS

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
Latest, PAKISTAN NEWS

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...
Pakistan Urges Security Council For a Decisive Action to Stop Haiti’s Descent into Chaos & Bloodshed
Latest, United Nation (UN)

Pakistan Urges Security Council For a Decisive Action to Stop Haiti’s Descent into Chaos & Bloodshed

United Nations, July 02, 2025(Kamran Raja): Pakistan has expressed its deep concern on Haiti’s rapid slide into chaos, which is marked by rampant gang violence, unchecked vigilantism, and a worsening humanitarian situation.Delivering a national statement during the United Nations Security Council briefing on Haiti, Ambassador Asim Iftikhar Ahmad, Pakistan’s Permanent Representative to the UN and the President of the Security Council for the month of July, underlined the need for immediate action by the Council.“The Council has discussed Haiti’s plight time and again but words alone will not stop the bloodshed or feed the starving. The time for half-measures is over. We must act — decisively, collectively, and now — before Haiti’s suffering becomes irreversible,” he said.Ambassa...
Karachi Industrial Park (KIP) should offer community life and facilities, combining life, leisure, and work: Ahsan Iqbal
Latest, PAKISTAN NEWS

Karachi Industrial Park (KIP) should offer community life and facilities, combining life, leisure, and work: Ahsan Iqbal

July 2, 2025, Islamabad(Kamran Raja): Planning Minister Ahsan Iqbal chaired a meeting with officers from the Ministry of Industries and Production, Board of Investment and Pakistan Industrial Development Corporation to review the progress of the high-priority Karachi Industrial Park project. The CEO of Pakistan Industrial Development Corporation (PIDC) briefed the Minister on the project's status, highlighting that the original master plan envisioned a phased development approach. The revised PC1 covers development of Block A which is 550 acres long. Mr. Rizwan Bhatti, CEO PIDC briefed the Minister that the master plan features industry clustering and was administratively approved on April 21. The project is slated for completion within 15 months. The total project cost is estimated at Rs....
Air Chief Marshal Zaheer Ahmed Baber Sidhu, Chief of the Air Staff, undertook an official visit to the United States of America: ISPR
Latest, PAKISTAN NEWS

Air Chief Marshal Zaheer Ahmed Baber Sidhu, Chief of the Air Staff, undertook an official visit to the United States of America: ISPR

Rawalpindi, 2 July 2025(Kamran Raja): In a significant development aimed at strengthening bilateral defence cooperation and advancing mutual interests, Air Chief Marshal Zaheer Ahmed Baber Sidhu, Chief of the Air Staff, undertook an official visit to the United States of America — the first by a serving PAF Air Chief in over a decade. The high-profile visit marked a strategic milestone in Pakistan-U.S. defence cooperation and proved instrumental in deepening institutional ties in addition to addressing key regional and global security issues.During the visit, Chief of the Air Staff held a series of high-level meetings with senior U.S. military and political leadership. At the Pentagon, he called on Ms. Kelli L. Seybolt, Secretary of the Air Force (International Affairs), and General Da...
Ambassador of the Kingdom of Saudi Arabia Nawaf bi. Saeed al Malikiy called on Prime Minister Muhammad Shehbaz Sharif
Latest, PAKISTAN NEWS

Ambassador of the Kingdom of Saudi Arabia Nawaf bi. Saeed al Malikiy called on Prime Minister Muhammad Shehbaz Sharif

ISLAMABAD: 2 June 2025(Kamran Raja): Ambassador Nawaf bin Saeed Al Malkiy, Ambassador of the Kingdom of Saudi Arabia to Pakistan, called on Prime Minister Muhammad Shehbaz Sharif, earlier today. The Prime Minister conveyed his respectful regards to The Custodian of the Two Holy Mosques, His Majesty King Salman bin Abdulaziz Al Saud as well as to His Royal Highness Prince Mohamed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister of the Kingdom of Saudi Arabia.While fondly recalling his warm and cordial telephone conversation with His Royal Highness the Crown Prince on 24 June, the Prime Minister lauded the Kingdom’s efforts for peace in the Middle East as well as its significant role in the ceasefire understanding between Pakistan and India.The Prime Minister said th...