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Pakistan has continued to make headway in restoring economic stability and rebuilding external buffers, Fitch Ratings said in a note on Thursday. It added that progress on difficult structural reforms would be key to upcoming International Monetary Fund (IMF) programme reviews and continued financing from multilateral and bilateral lenders. The State Bank of Pakistan’s (SBP) decision to cut the policy rate to 12% on January 27 underscored recent progress in taming inflation, Fitch noted. Consumer price inflation fell to just over 2% year-on-year in January 2025, down from an average of nearly 24% in the fiscal year ending June 2024…
WASHINGTON : Pakistan People’s Party (PPP) chairman Bilawal Bhutto Zardari on Friday stated that the people-to-people ties between Pakistan and the United States should be strengthened. Mr. Bhutto Zardari who is currently on a visit to the United States on the invitation of US President Donald Trump for attending National Prayer Breakfast event spoke to the Pakistani media representatives in Washington. During his interaction with journalists there, Mr.Bhutto Zardari mentioned that he had important meetings with American officials and leaders from around the world at the National Prayer Breakfast event. Speaking about the National Prayer Breakfast event in the U.S,…
ISLAMABAD :Pakistan reaffirmed that ensuring the safety and security of Chinese personnel, projects and institutions in Pakistan was the foremost responsibility of the Pakistani government as China’s All-weather Strategic Cooperative partner and the host country. In a statement during his weekly press briefing, the Foreign Office Spokesperson said on Thursday that during the visit of President Asif Ali Zardari to China, Pakistan reiterated its strongest condemnation of the terrorist attacks in Pakistan involving Chinese personnel. During the visit, he said President Zardari held talks with President Xi Jinping in a warm and friendly atmosphere. They had an in-depth exchange of…
The five-day multinational Maritime Exercise AMAN-25 and the maiden AMAN Dialogue kicked off in Karachi on Friday. The primary objective of this exercise is to bring maritime nations together to adopt safe and sustainable procedures, share experiences, and collectively address maritime threats. Over 60 countries navies along with their ships, aircraft, special operation forces, EOD marine teams and observers are participating in the 9th edition of Aman-25 being held in Arabian Sea. The AMAN Dialogue will bring together Chiefs of Navies, Coast Guards, and Defence Forces to exchange views on shared global and regional maritime issues. The opening ceremony of…
ISLAMABAD : Pakistan and China have signed a historic MoU for Pakistan’s first lunar rover to be included in China’s Chang’E 8 mission, set to launch in 2028 for robotic exploration of the Moon’s south pole. The agreement, signed during President Asif Ali Zardari’s visit to China, marks a significant milestone in Pakistan’s space program and its contribution to the International Lunar Research Station (ILRS) initiative. Developed by SUPARCO with international collaboration, the rover will carry advanced scientific payloads to study the lunar surface, soil composition, radiation levels, and plasma properties, enhancing deep space exploration capabilities.
South African cricket team has arrived in Lahore to participate in the Champions Trophy and the Tri-Nation Series. The team traveled from Johannesburg via Dubai and reached Lahore under tight security. They were escorted to a private hotel, where they will rest today before beginning their training session tomorrow afternoon. South Africa will play their first match of the Tri-Nation Series against New Zealand on February 10. Earlier, the New Zealand team had also arrived in Lahore for the tournament. The squad, which traveled via a private airline from Dubai to Allama Iqbal International Airport, includes key players such as…
The FIFA once again suspended the Pakistan Football Federation (PFF) after the PFF Congress refused to implement constitutional amendments recommended by the global football governing body. The decision resulted in Pakistan’s immediate exclusion from international competitions and halted financial assistance from FIFA. According to a statement issued by FIFA, the suspension was imposed due to the PFF’s failure to adopt revisions that would ensure transparent and democratic elections. FIFA stated that the constitutional changes were necessary to fulfil the federation’s obligations under the ongoing normalisation process. “The suspension will only be lifted subject to the PFF Congress approving the version…
Prime Minister Shehbaz Sharif met Jamiat Ulema-e-Islam (JUI) Chief Maulana Fazlur Rehman in the federal capital on Thursday, where discussions revolved around Balochistan’s security, Khyber Pakhtunkhwa and the madrassa registration bill. According to details, JUI-F Secretary-General Maulana Abdul Ghafoor Haideri said the meeting had not been arranged with a pre-determined agenda. He said, “Fazlur Rehman had conveyed concerns regarding immense pressure on him over madrassa registration.” “The prime minister was informed about the mounting pressure I faced regarding madrassa registration,” he said. Haideri mentioned that Fazlur Rehman expressed reservations about the security situation in Balochistan and Khyber Pakhtunkhwa, stressing…
Security forces eliminated 12 militants in an intelligence-based operation in the general area of Hassan Khel, North Waziristan District, on Wednesday night. According to a press release issued by the Inter-Services Public Relations (ISPR), Lance Naik Muhammad Ibrahim, a 34-year-old resident of District Hangu, fought with valour and embraced martyrdom during the operation. The security forces recovered a significant cache of weapons and ammunition from the slain militants, who had actively engaged in terrorist activities against security personnel and had been responsible for the targeted killing of innocent civilians. A clearance operation had been initiated to eradicate any remaining…
US President Donald Trump said on Thursday that Israel would hand over Gaza to the United States after fighting was over and the enclave’s population was already resettled elsewhere, which he said meant no US troops would be needed on the ground. A day after worldwide condemnation of Trump’s announcement that he aimed to take over and develop the Gaza Strip into the “Riviera of the Middle East”, Israel ordered its army to prepare to allow the “voluntary departure” of Gaza’s residents. Trump, who had previously declined to rule out deploying US troops to Gaza, clarified his plans in comments…
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