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Prime Minister At the 23rd SCO CHG Summit, the Prime Minister emphasized the necessity for augmented trade and economic cooperation among SCO member states.

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Enhancing trade and economic cooperation among SCO members is vital to tackle various problems, as highlighted by Prime Minister Shehbaz Sharif.

Speaking at the SCO summit’s opening remarks, Shehbaz Sharif stated that Pakistan is still dedicated to promoting regional peace, stability, improved connectivity, and sustainable socioeconomic development—a commitment he made when he took over as conference chair last year.

In his words, the joint statement “testifies to our commitment to fostering inclusive and sustainable economic growth, improving connectivity, and implementing innovative strategies for green development.”

In his capacity as the head of the SCO, Prime Minister Shehbaz Sharif stated that while Afghanistan offers a chance for trade and transportation, the Afghan government needs to be made aware that Afghan territory cannot be utilized for terrorist activities.

As a moral as well as an economic concern, he pushed the member states to develop programs to reduce poverty.

The Prime Minister, Shehbaz Sharif, made the argument for climate action by stating that it is a global existential problem.

In defiance of the fundamentals of international law, Shehbaz Sharif denounced unilateral coercive actions and protectionist policies.
He emphasized that one encouraging development to protect us from worldwide financial shocks is the growing agreement among member states to use mutual currencies for settlement.
The need to increase SCO’s effectiveness was stressed by him.

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Maintaining Fertiliser Price Stability: The Need for a Continuous Gas Supply to the Fertiliser Sector

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To guarantee fertiliser price stability, a cabinet committee meeting was presided over by Senator Muhammad Ishaq Dar, the deputy prime minister.

Senior government officials, including Industries Minister Rana Tanveer Hussain, attended the meeting.

The attendees received an update on the government’s, gas suppliers’, and fertiliser industry’s conversations. Additionally, the gas supply for the fertiliser sector was evaluated and determined to be adequate.

Throughout the Rabi cropping season, the Deputy Prime Minister ordered the fertiliser industry to maintain a continuous gas supply in order to guarantee steady production and stock levels.

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Fifth Straight Cut: PM Applauds SBP’s Policy Rate Reduction

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Prime Minister Muhammad Shehbaz Sharif has praised the State Bank of Pakistan’s decision to lower its policy rate by an additional 2 percent, stating that the bank’s current 13 percent rate is encouraging for the nation’s economy.

He expressed optimism in a statement that the policy rate cut would encourage investment and further boost investor confidence in the country’s economy.

The prime minister said that decreasing the inflation rate also lowered the policy rate and that future inflation rate reductions will be even more pronounced.

Additionally, he expressed gratitude to the Federal Finance Minister and other officials for their work in this area.

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GHQ Attack Case: Prosecution Seeks Bail Cancellation of CM KP & Other Accused, Indicts 9 More

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25 defendants, including PTI officials, have non-bailable arrest warrants issued by the Anti Terrorism Court of Rawalpindi for their failure to show up for court proceedings related to the GHQ attack case.

Judge Amjad Ali Shah added nine more suspects to the GHQ attack indictment list during today’s ATC Court sessions, bringing the total to 98.

Among the 61 defendants who appeared in court were Shah Mehmud Qureshi and the founder of the PTI.

Among those charged are Khadim Hussain Khokhar, Mehr Mohammad Javed, Chaudhary Asif, Zakir Ullah, Azeem Ullah, Shireen Mazatri, Major Retired Tahir Sadiq, and former MPA Rashid Hafeez.

A plea to cancel the bail of 23 suspects, including Chief Minister Khyber Pakhtunkhwa, has also been filed by the prosecution side.

In the GHQ attack, there were 119 accused in total.

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