The federal budget for Pakistan’s fiscal year 2025-26 is expected to be presented in Parliament on June 2, 2025, with a proposed outlay of around Rs20 trillion. This announcement comes as the government prepares its financial plan amidst ongoing consultations with the International Monetary Fund (IMF) and other key
Pakistan has expressed its gratitude for former U.S. President Donald Trump’s crucial role in mediating a ceasefire between Pakistan and India. The diplomatic intervention has helped to de-escalate tensions between the two nuclear-armed nations, which had been on the brink of a broader conflict in recent months. Pakistan’
Prime Minister Muhammad Shehbaz Sharif held a meeting with UK Foreign Secretary David Lammy at the Prime Minister’s House on Friday, where both sides discussed key bilateral relations and regional developments. During the meeting, the Prime Minister reaffirmed Pakistan’s commitment to maintaining peace in South Asia, emphasizing that
At least four Levies personnel were martyred in a terrorist attack targeting a security check post in the Naal area of Khuzdar during the early hours of Saturday, according to official reports. The assailants, armed with automatic weapons, opened fire on the check post, resulting in the martyrdom of four
Deputy Prime Minister and Foreign Minister Ishaq Dar stated that Pakistan’s resolute retaliation to Indian military actions played a decisive role in prompting international mediation, particularly from the United States. His comments come in the wake of a recently agreed ceasefire between the two nuclear-armed neighbors. U.S. Acted
Pakistan on Tuesday strongly rejected what it termed “provocative and inflammatory assertions” made by Indian Prime Minister Narendra Modi warning that such remarks risk further destabilising an already tense regional environment and represent a “dangerous escalation.” In a statement issued by Foreign Office Spokesperson Shafqat Ali Khan, Islamabad described the
Pakistan’s Finance Minister Muhammad Aurangzeb has played down concerns over the economic impact of the recent military escalation with India, describing it as “minor” and within the government’s fiscal capacity to manage. In an interview with Reuters, Aurangzeb said the national economy remains stable despite tensions that peaked
Pakistan’s government plans to discuss potential increases in defence spending with the IMF during upcoming budget negotiations. In light of escalating tensions with India, Pakistan’s federal government intends to inform the International Monetary Fund (IMF) about potential increases in defence expenditure during upcoming budget negotiations. Formal talks with
Iranian President Masoud Pezeshkian reaffirmed the country’s commitment to peace on Sunday, once again ruling out any intentions to develop nuclear weapons. Speaking during a cabinet meeting in Tehran, Pezeshkian emphasized that Iran’s nuclear program remains solely for peaceful purposes and that the country is fully dedicated to
Pakistan Tehreek-e-Insaf (PTI) founder Imran Khan has instructed Junaid Akbar to step down from his position as chairman of the Public Accounts Committee (PAC), according to sources within the party. The directive was conveyed by Aleema Khan, Imran Khan’s sister, who delivered a written message to PTI leaders Barrister
The Pakistan Stock Exchange (PSX) witnessed a remarkable rally on Monday, as investor sentiment soared following the announcement of a ceasefire between Pakistan and India. The KSE-100 index surged by a staggering 9,928 points, reaching an intra-day high of 117,104.11 points, marking the highest day-on-day increase in
Pakistan’s armed forces launched Operation Bunyan-un-Marsoos in retaliation to Indian aggression, reaffirming their commitment to national sovereignty. In a decisive military response to India’s recent strikes, Pakistan’s armed forces initiated Operation Bunyan-un-Marsoos, underscoring their readiness to defend the nation’s sovereignty. The operation targeted multiple Indian military
The International Monetary Fund (IMF) Executive Board is set to convene on Friday in Washington to decide on a $2.3 billion financial assistance package for Pakistan, amid the country’s efforts to stabilize its economy and manage fiscal challenges. Pakistan Eyes $1B Tranche Plus Climate Financing The upcoming decision
Pakistan’s Ambassador to the United States, Rizwan Saeed Sheikh, has strongly condemned India’s actions following the Pahalgam attack, calling them a display of “lawlessness” and a breach of international norms. Pakistan Reaffirms Right to Self-Defense Speaking during televised interviews with Fox News and PBS, Ambassador Sheikh stated that
Prime Minister Shehbaz Sharif has extended heartfelt thanks to Turkish President Recep Tayyip Erdogan for his expression of solidarity and support in the wake of recent Indian missile strikes inside Pakistani territory. Erdogan Reaffirms Turkiye’s Commitment to Peace In a social media post on X (formerly Twitter), the Prime
Pakistan’s military has successfully shot down 25 drones of Israeli origin launched from Indian territory over the past two days, according to the Inter-Services Public Relations (ISPR). The escalation underscores rising hostilities between the two neighboring countries, with the armed forces warning of serious consequences for further violations. Multiple