The Minister for Planning, Development, and Special Initiatives, Prof. Ahsan Iqbal, inaugurated the field operations for Pakistan’s 7th Agricultural Census today. The census, titled “The Integrated Digital Count,” was organized by the Pakistan Bureau of Statistics (PBS). The launch event took place in the Auditorium of the Ministry of Planning, Development, and Special Initiatives. During the event, the Minister also unveiled a new digital dashboard for real-time monitoring of census progress and data analysis. This initiative underscores the government’s commitment to addressing economic challenges and aligning Pakistan’s agricultural sector with international practices. It aims to ensure sustainable development, enhance food…
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An American newspaper has exposed India’s disturbing role in terrorism and targeted killings in Pakistan. The report sheds light on India’s involvement in serious human rights violations on a global level. The international journal Washington Post has revealed how India sponsors terrorism. According to the report, India carries out targeted killings in Pakistan through its intelligence agency, RAW, using hired assassins and Afghan weapons. The report highlights that RAW has orchestrated the killings of at least six individuals in Pakistan. In April, two masked men killed Aamir Sarfaraz, also known as Tamba, in Lahore. This murder was part of India’s…
Remittances sent by Pakistanis living in Germany showed a remarkable growth of 25.1% year-on-year during the first five months of the current fiscal year. Data released by the State Bank of Pakistan highlights that Pakistanis working in Germany sent $285 million in foreign exchange between July and November 2024. This figure marks a significant rise compared to $227.8 million during the same period last year. The month of November 2024 saw remittances from Germany reach $44.4 million. However, this was lower than the $58.3 million recorded in October 2024 and $52.5 million in November 2023. On a broader scale, the…
Prime Minister Shehbaz Sharif has introduced an ambitious economic reforms package named “Uraan Pakistan.” The five-year National Economic Transformation Plan focuses on achieving sustainable growth. It emphasizes the 5Es: Exports, E-Pakistan, Environment, Energy, and Equity. The launch ceremony in Islamabad was attended by Deputy Prime Minister Ishaq Dar, federal ministers, governors of Balochistan and KP, Punjab Chief Minister Maryam Nawaz Sharif, diplomats, and business leaders. PM Shehbaz began his speech by calling the day a “great moment.” He praised the detailed presentations by the finance and planning ministers and the deputy prime minister. “In the last nine months, we faced…
The Gilgit Anti-Terrorism Court has sentenced Khalid Khurshid, the former Chief Minister of Gilgit-Baltistan (GB), to 34 years in prison. This verdict came in a case where he was accused of making threats of serious consequences. The court ruled that Khalid Khurshid was guilty and imposed a fine of Rs 600,000 alongside the prison sentence. It instructed the IG Police to arrest him and ensure his transfer to jail. Additionally, the court ordered that his identity card be blocked. The case originated from an incident on May 26, 2024, when Khalid Khurshid allegedly threatened security agencies during a rally. He…
The Balochistan government has enforced Section 144 across the province to prevent highway blockages. This step aims to ensure smooth traffic flow on national roads. The decision comes after recent protests disrupted travel on several highways. During a press conference on Monday, government spokesperson Shahid Rind addressed the issue. He shared that the chief minister had taken serious notice of these highway blockages. Political parties and other groups have been organizing protests, causing severe inconvenience for travelers. This disruption has particularly affected passengers using coaches and other public transport. Rind highlighted the government’s commitment to resolving public concerns. He assured…
The recent decision to sell a 15% stake in the Reko Diq project to Saudi Arabia marks a significant milestone for Pakistan’s mining sector and its broader economic landscape. Valued at $540 million, this strategic partnership promises to deliver long-term benefits, creating a win-win situation for both nations. Under this agreement, Saudi Arabia will acquire the stake in two phases, with an initial 10% for $330 million and the remaining 5% for $210 million. This inflow of foreign investment is a much-needed boost for Pakistan’s economy, which is striving to attract global confidence. The immediate financial impact, particularly the anticipated…
The process of privatization of DISCOs is gaining momentum, with the Financial Advisor currently structuring the transaction. The Cabinet Committee on Privatization (CCoP) is expected to approve the plan before it is launched in the market, according to Business Recorder. The Minister for Power, Sardar Awais Ahmad Khan Leghari, announced that three major companies—Islamabad Electric Supply Company (IESCO), Gujranwala Electric Power Company (GEPCO), and Faisalabad Electric Supply Company (FESCO)—will be privatized by the end of this year. Sources confirmed that the World Bank has completed its report on the privatization of DISCOs. This report has been shared with key stakeholders,…
Prime Minister Shehbaz Sharif described the New Gwadar International Airport as a landmark project for regional development. He emphasized its potential to bring prosperity and create job opportunities in the area. In a high-level meeting on Monday, the Prime Minister expressed profound gratitude to China for building the advanced airport. He called it a symbol of the enduring Pakistan-China friendship. He urged officials to make the airport a bustling transit hub and ensure smooth road connections, especially within Balochistan. The Prime Minister directed authorities to improve the road network linking the Gwadar Airport to other parts of Pakistan. He also…
Since the start of the year 2024 , Pakistan faced numerous economic crises. At one point, fears of bankruptcy were widespread. However, bold decisions by the government have resulted in rapid improvements. Foreign economic research institutions have also recognized these reforms. Inflation Declines Significantly Pakistan has made notable progress in controlling inflation. In May 2023, inflation reached a record high of 38%, the highest in the country’s history. Compared to the previous year, inflation rose by 10.89% in 2023, with an average rate of 30.77%. At the beginning of 2024, inflation started to decrease. The Pakistan Bureau of Statistics reported…
