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The Pakistan Peoples Party (PPP) staged a walkout in the National Assembly during the question hour session, protesting the absence of ministers in the House. PPP members voiced their dissatisfaction with the lack of ministerial presence, demanding accountability for the absence. Along with PPP, Pakistan Muslim League-Nawaz (PML-N) member Hanif Abbasi also joined the protest and walked out of the session. The walkout highlighted growing frustrations regarding the functioning of the Assembly and the government’s lack of attention to important issues raised by lawmakers. The NA session has been adjourned for an indefinite period.

KARACHI: The much-anticipated New Gwadar International Airport is set to be inaugurated on December 30, following directives from Prime Minister Shehbaz Sharif, according to sources. The national carrier, Pakistan International Airlines (PIA), will operate the airport’s first commercial flight, marking a significant milestone in regional connectivity. Final preparations are underway, with a recent five-hour meeting between PIA and the Airports Authority finalising key operational matters. The sources revealed that PIA will deploy staff and essential equipment, including check-in systems, in the coming days to ensure smooth operations from day one. The airport, constructed with $246 million in Chinese investment, is…

The Pakistan Stock Exchange (PSX) recovered after a bearish phase, gaining 2,671 points to enter positive territory. The market closed with the benchmark KSE-100 Index up by 675 points, reaching 111,745 points. The recovery restored three key levels in the market—109,000, 110,000, and 111,000 points—indicating renewed investor confidence. The positive momentum relieved traders following a period of uncertainty.

Prime Minister Shehbaz Sharif met with Indonesian President Prabowo Subianto on the sidelines of the D-8 Summit in Cairo. During the meeting, PM Shehbaz congratulated President Subianto on assuming office and discussed avenues for enhancing political, trade, and economic relations between the two nations. The Prime Minister lauded Indonesia as a reliable trade partner and acknowledged its vital role in ensuring the supply of palm oil to Pakistan. He also expressed gratitude for Indonesia’s support of Pakistan’s membership in ASEAN, voicing hope that Pakistan would soon become a full dialogue partner of the organization. Both leaders reiterated their unwavering support…

The 76th meeting of the Pakistan Cricket Board (PCB) Governing Board, chaired by Chairman Mohsin Naqvi, endorsed decisions made in previous sessions. During the meeting, the board was briefed on the progress of the ICC Champions Trophy. Chairman Naqvi updated the members on Pakistan’s preparations for hosting the prestigious tournament. “I have always advocated for Pakistan and cricket’s victory since day one,” stated Chairman Naqvi, affirming PCB’s readiness to organize the Champions Trophy. He expressed pride in Pakistan’s principled stance, which has been widely appreciated. “Champions Trophy is a matter of national honor, and we will not let it be…

Pakistan has called the US decision to impose sanctions on National Development Complex and three commercial entities as unfortunate and biased. According to a Foreign Office statement, the decision defied the objective of peace and security. The statement said Pakistan’s strategic capabilities are meant to defend its sovereignty and preserve peace and stability in South Asia. It further said such policies have dangerous implications for strategic stability of the region and beyond. It said that Pakistan’s strategic program is a sacred trust bestowed by 240 million people upon its leadership. The sanctity of this trust, held in the highest esteem…

The US Department of State said that in light of the continuing ‘proliferation threat’ of Pakistan’s long-range missile development, the United States is designating four entities for sanctions pursuant to Executive Order (E.O.) 13382, which targets proliferators of weapons of mass destruction and their means of delivery. The statement alleged that the National Development Complex (NDC), located in Islamabad, Pakistan, has worked to acquire items in furtherance of Pakistan’s long range ballistic missile program – including special vehicle chassis intended to be used as launch support equipment for ballistic missiles and missile testing equipment. The United States assesses NDC is responsible for Pakistan’s development of ballistic missiles, including the SHAHEEN-series ballistic missiles. Akhtar and…

The government has begun implementing stringent measures to boost tax revenue under the International Monetary Fund’s (IMF) conditions. The Tax Laws Amendment Bill 2024 proposes the strictest penalties yet to crack down on tax evasion and enforce compliance with tax laws. Crackdown on non-filers Under the proposed measures, individuals who fail to file taxes will face severe restrictions. Non-filers will be banned from purchasing property, vehicles, and opening or maintaining bank accounts. They will be banned from opening a current or savings bank account or maintaining an old account. Additionally, they will be prohibited from investing in securities or mutual funds.…

Pakistan and China have emphasized enhancing digital collaboration during Planning Minister Ahsan Iqbal’s visit to Beijing’s iSoftStone Information Technology Park. Discussions focused on IT development, innovative digital solutions, and integrating technology into the China-Pakistan Economic Corridor (CPEC). Iqbal toured the facility, witnessed demonstrations of cutting-edge technologies, and was briefed on the company’s regional expansion efforts in the Middle East and Central Asia, underscoring the potential for stronger digital partnerships.

Federal Minister For Planning, Development, And Special Initiatives Ahsan Iqbal met with Vice Chairman Of China’s National Development And Reform Commission Zhao Chenxin, to review the progress of the China-Pakistan Economic Corridor Projects. During the meeting, both sides reaffirmed their commitment to strengthening the Pakistan-China partnership and accelerating the implementation of CPEC initiatives. Ahsan Iqbal highlighted the enduring relationship between the two countries, stating, the friendship between Pakistan and China is unique and unshakable. He emphasized that CPEC’s second phase would take economic relations between Pakistan and China to unprecedented heights. He praised Chinese workers and experts for their contributions…