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Bilawal Bhutto becomes Pakistan’s youngest foreign minister

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ISLAMABAD: PPP Chairman Bilawal Bhutto-Zardari Wednesday became the youngest foreign minister of Pakistan, breaking the records earlier set by his grandfather and a party leader.

President Arif Alvi administered the oath to the Oxford-educated PPP chairman, who is 33 years, seven months, and six days of age — a development that came after much delay and deliberation.

Ex-prime minister Zulfikar Ali Bhutto was 35 years, five months, and ten days old when he was sworn in as the foreign minister, while Hina Rabbani Khar was 33 years, eight months, and one day old.

Following the oath-taking ceremony, Bilawal took charge of the Ministry of Foreign Affairs. The Foreign Office officials briefed the newly-appointed minister on Pakistan’s international relations.

The foreign minister also paid a visit to the Chinese Embassy in Islamabad, while Minister of State Minister for Foreign Affairs, Hina Rabbani Khar, accompanied him.

Bilawal expressed sorrow over the loss of lives in the terrorist attack on Chinese residents in Karachi and told the embassy officials that the relationship between Pakistan and China is a series of loyalty across generations.

He said that the terrorists made a failed attempt to strike on the basis of the Pak-China friendship. “The malicious intentions of terrorists cannot sabotage [this] friendship.”

Four people, including three Chinese nationals, were killed while four others sustained injuries in a suicide bombing on the premises of the University of Karachi.

Congratulations pour in

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Business

Irfan Siddiqui meets with the PM and informs him about the Senate performance of the parliamentary party.

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The head of the Senate’s Foreign Affairs Standing Committee and the PML-N’s parliamentary leader paid Prime Minister Muhammad Shehbaz Sharif a visit in Islamabad.

Senator Irfan Siddiqui gave the Prime Minister an update on the Parliamentary Party’s Senate performance.

Additionally, Senator Irfan Siddiqui gave the Prime Minister an update on the Senate Standing Committee on Foreign Affairs’ performance.

He complimented the Prime Minister on his outstanding efforts to bring Pakistan’s economy back on track and meet its economic objectives.

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Business

SIFC Increases Direct Foreign Investment: Investment in the Energy Sector Rises by 120%

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The Special Investment Facilitation Council is intended to help Pakistan’s energy sector attract $585.6 million in direct foreign investment in 2024–2025. The amount invested at the same time previous year was $266.3 million.

This is a notable 120% rise, mostly due to investments in gas exploration, oil, and power. Such expansion indicates heightened investor confidence and emphasizes the development potential in important areas.

The State Bank reports that foreign investment in other vital industries has increased by 48% to $771 million.

This advancement is a blatant testament to SIFC’s efficient investment procedure and quick project execution.

The purpose of the Special Investment Facilitation Council is to establish Pakistan as an investment hub by aggressively promoting regional trade and investment in the energy sector and other critical industries.

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Speaking to a press conference, Marriyum Aurangzeb says the PML-N government has restored the trust of investors.

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According to Marriyum Aurangzeb, senior Punjab minister, the PML-N government has won back the trust of investors by making strides in a number of areas, including agriculture.

Marriyum Aurangzeb, speaking at a press conference in Lahore, emphasized the Punjab government’s initiatives to bring about major changes in the province, particularly in Lahore.

Marriyum Aurangzeb stated that in order to guarantee sustainable growth, the master plan for Lahore has been completed, and plans of a similar nature are being worked on for other districts.

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