Pakistan | News

Finance Minister Muhammad Aurangzeb on Monday said that Pakistan’s economic direction had been set right through a series of structural reforms, which were now being operationalised to ensure sustainable and inclusive growth. “I believe there is a broad consensus that we have made significant inroads and achieved considerable progress in terms of macroeconomic stability,” he said while addressing a joint news conference on economic reforms. He was accompanied by Power Minister Awais Leghari, Information Technology Minister Shaza Fatima Khawaja, Federal Board of Revenue (FBR) Chairman Rashid Mahmood Langrial and Adviser to the Prime Minister on Privatisation Muhammad Ali. Aurangzeb said the government had achieved macroeconomic stability, as evidenced by external validation: three leading international rating agencies upgraded Pakistan after a gap of three years. “These agencies are now aligned not only on where we stand but also on our positive outlook,” he added. He said the successful completion of the seco...

Defence Minister Khawaja Muhammad Asif has said Islamabad is pursuing diplomacy, reflecting a confident, future-focused Pakistan that builds bridges and values partnerships.

The Pakistan Meteorological Department (PMD) has forecast rain, strong winds, and snowfall across the country’s upper regions this week as a new westerly wave enters Pakistan tonight.

Pakistan’s security is solely the responsibility of its armed forces and no such guarantee will be extended to Kabul, Inter-Services Public Relations (ISPR) Director General Lieutenant General Ahmed Sharif Chaudhry said while briefing senior journalists.

The Asian Development Bank (ADB) has unveiled a comprehensive plan to help Pakistan safeguard its vital water resources, agricultural productivity, and energy systems in the face of growing climate change challenges.

US President Donald Trump has included Pakistan among countries that he claims are “testing nuclear weapons”, saying that he did not want the US to be the only country that does not do so. “North Korea has been testing. Pakistan has been testing. […] But they don’t go and tell you about it,” he said in an interview on CBS News programme ‘60 Minutes’, where he was asked about his recent directives to the Pentagon to resume testing nuclear weapons. He also named Russia and China as testing nuclear weapons. In a recent social media post, Trump had instructed the US Department of War to resume testing nuclear weapons “immediately”. Confusion has surrounded Trump’s order that the US begin testing, particularly if he meant conducting the country’s first nuclear explosion since 1992. When the matter was brought up during the interview, Trump said: “Well, we have more nuclear weapons than any other country. I think we should do something about denuclearisation. And I did actually discuss that with both Russian Presid...

Planning Minister Ahsan Iqbal on Monday termed Pakistan a “natural maritime bridge” between the East and the West as he inaugurated the second edition of Pakistan International Maritime Expo and Conference (PIMEC) in Karachi. The event is being held from today to November 6 (Thursday) at Karachi’s Expo Centre, and will see the participation of 45 countries, including Pakistan. It has been organised under the overall responsibility of the Pakistan Navy and with the support and patronage of federal and provincial departments. Addressing PIMEC, Iqbal highlighted that Pakistan had a unique geography as the regions of South Asia, Central Asia, the Middle East and Africa converged here, which positioned the country as a “natural maritime bridge between the East and the West”. However, despite these advantages, the maritime sector contributed less than 1pc to Pakistan’s GDP, compared to 4-7pc in several other maritime nations, he lamented. The planning minister pointed out that Pakistan had a coastline of over 1,000...

• Urges govt to ensure market-determined, flexible exchange rate • Calls for deeper reforms to cut energy, input costs ISLAMABAD: The World Bank has asked Pakistan to improve its skewed preferential trade agreements with 10 bilateral partners, ensure a market-determined and flexible exchange rate and push deeper reforms to lower energy and other input costs to turbocharge over three decades of declining exports for sustainable economic growth. In a policy advice to the government, the bank observed that nearly all countries that have achieved rapid and durable growth have done so by tapping into global markets, but Pakistan has struggled to follow this path. “Exports have declined from 16 per cent of GDP in the 1990s to just around 10pc in 2024, with the export basket still concentrated in low-value textile and agricultural products,” it said, adding that economic upturns had been fuelled instead by debt and remittance-financed consumption, rather than export dynamism. The Washington-based lending agency has ...

The flyadeal, Saudi Arabia’s fast-growing low-cost airline, has begun scheduled flights to Lahore amid a fanfare of celebrations marking the airline’s fifth destination in Pakistan.

Babar Azam showed his mastery with the bat after Shaheen Shah Afridi led a sparkling bowling performance from Pakistan as the hosts cruised to a four-wicket victory over South Africa in the series-deciding third T20 International at the Gaddafi Stadium on Saturday. Shaheen picked up 3-26, being the standout of Pakistan’s bowling attack, in which Faheem Ashraf and debutant Usman Tariq picked up two wickets each, as South Africa were restricted to 139-9 after being put into bat. Babar then provided an anchor in the chase with a brilliant 68, featuring nine fours, as Pakistan eased to victory with six balls to spare. Prime Minister Shehbaz Sharif congratulated the team on X, saying, “Very well-played boys in Green!” He also commended Pakistan Cricket Board Chairman Mohsin Naqvi and his team for their “great efforts”. In a statement, Naqvi hailed Babar’s batting and Shaheen’s bowling skills for playing an “important role” in the win. Conveying his congratulations to Captain Salman Agha, Head Coach Mike Hesson and...

Babar Azam showed his mastery with the bat after Shaheen Shah Afridi led a sparkling bowling performance from Pakistan as the hosts cruised to a four-wicket victory over South Africa in the series-deciding third Twenty20 International at the Gaddafi Stadium on Saturday. Shaheen picked up 3-26, being the standout of Pakistan’s bowling attack, in which Faheem Ashraf and debutant Usman Tariq picked up two wickets each, as South Africa were restricted to 139-9 after being put into bat. Babar then provided an anchor in the chase with a brilliant 68, featuring nine fours, as Pakistan eased to victory with six balls to spare. Shaheen got Pakistan off to a flyer with two wickets halfway through the first over and almost bagged a third victim two balls later. Opener Quinton de Kock’s stumps were undone on the second ball of the innings with a delivery that jagged back, found an edge and clattered into the woodwork. On the very next ball, Lhuan-dre Pretorious then spooned a catch to Usman Tariq at short fine-leg. Pakis...

Defence Minister Khawaja Asif said on Saturday that India wanted to keep Pakistan busy and engaged on the eastern and western fronts amid tensions with Kabul and New Delhi. Pakistan and Afghanistan agreed early on Friday morning to continue a ceasefire between the two countries following a rapid deterioration of ties and a brief conflict along their shared border last month. The Istanbul talks followed a sharp escalation in tensions that saw Pakistan launch Oct 9 airstrikes on Tehreek-i-Taliban Pakistan sanctuaries in Afghanistan, triggering Oct 11 border clashes that continued for days before a ceasefire was formalised in Doha on Oct 18-19. The Istanbul agreement came after days of deadlock that nearly brought the process to a halt, with mediators pulling both delegations back to the table even as Pakistan’s team had already begun preparations to return home. Meanwhile, an uneasy peace persists between Pakistan and India after their May conflict earlier this year that led to a United States-brokered ceasefir...

Information Minister Attaullah Tarar said on Saturday that a fisherman from Pakistan was arrested by the Indian Coast Guard and was coerced into carrying out tasks for the neighbouring country’s intelligence agency. Addressing a press conference in Islamabad alongside Minister of State for Interior Tallal Chaudhary, Tarar said that the Indian media was creating a false narrative in the aftermath of the four-day May conflict with Pakistan. The minister said that law enforcement agencies had recently apprehended a fisherman named Ijaz Mallah while he was out fishing in the sea. “In September this year, when he was out fishing, he was arrested by the Indian Coast Guard and after the arrest, he was taken to an undisclosed location and was coerced and forced to do some tasks for the Indian intelligence agency,” he said. “He was told that he would be compensated and if he did not comply, he would have to stay imprisoned for two to three years,” the minister said. “So this common fisherman was eventually released by...

President Asif Ali Zardari on Friday addressed the 78th Independence Day celebrations of Gilgit-Baltistan (GB), lauding the region’s historic and ongoing contributions to Pakistan’s development.

• Critical Minerals Forum chief meets Aurangzeb • Islamabad welcomes move; asks team to revert with a detailed framework for collaboration ISLAMABAD: A leading US delegation met with Pakistani officials in Islamabad on Friday, seeking to build secure and transparent mineral supply chains for American industry amid Washington’s growing concerns over China’s upper hand in global rare earth materials. The delegation led by Robert Louis Strayer II, president of the US government-funded Critical Minerals Forum (CMF), “discussed avenues of cooperation in the minerals and mining sector, strengthening supply-chain security, and encouraging responsible and sustainable investment in Pakistan’s critical minerals landscape” with a Pakistani team headed by Finance Minister Muhammad Aurangzeb, according to an official statement. The meeting took place as the US and India announced a 10-year defence framework agreement. The CMF’s focus is driven by the strategic threat posed by Beijing’s control over key resources. “China’s...

Opener Saim Ayub hit a blistering half century after pacers starred as Pakistan thrashed South Africa by nine wickets in the second Twenty20 International of the three-match series to level it 1-1. Saim smashed an unbeaten 71 off 38, hitting six fours and five sixes, to help Pakistan chase down the paltry 111-run target in the 14th over. Earlier, Faheem Ashraf and Salman Mirza had kept South Africa quiet with a brilliant pace bowling show. Pakistan openers Sahibzada Farhan and Saim had seen the side cruise to 49-0 by the end of the powerplay with a measured approach with no pressure on them whatsoever. But right at the end of the period, Corbin Bosch trapped Sahibzada lbw with his pace. However, the incoming Babar Azam triggered raucous roars among the capacity crowds, getting off the mark with a scintillating cover drive. Saim too carried on, launching Ottneil Baartman for a huge six over long-on as Pakistan edged closer to the small target. The southpaw followed that up with a powerful cut through the off-s...

Foreign Office Spokesperson Tahir Andrani said on Friday that Pakistan does not seek further tension with Afghanistan and hopes that Afghan soil will not be used against it.

Pakistan and Canada have reaffirmed their resolve to strengthen mutually beneficial economic cooperation, focusing on expanding trade and investment across diverse sectors.

The information ministry on Friday denied “unverified or politically charged claims” by an Indian news channel about Pakistan preparing to dispatch 20,000 troops to Gaza and the country removing the clause from its passports that makes it invalid for travel to Israel. Indian news outlet Republic TV had made the allegations, specifying the number of soldiers Pakistan was planning to send to Gaza “under the supervision of Western countries and Israel.” The channel, according to a statement by the Ministry of Information and Broadcasting, had also “ridiculously claimed that Pakistan had also removed the ‘Not valid for Israel’ clause from the passport.” In a statement on X, the information ministry referred to a press release by the Ministry of Foreign Affairs (Mofa), reiterating that “Pakistan’s stance on Israel remains unchanged, that is, Islamabad does not recognise Israel, and no military cooperation or engagement exists or is under discussion”. Moreover, the ministry clarified that the passport clause remain...

Pakistan is expected to experience a weak La Niña phase in November and December, which will result in below-normal rainfall and higher temperatures across most regions of the country, the National Disaster Management Authority (NDMA) said on Thursday.