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The PM informs the cabinet that the UAE has rolled over Pakistan’s $2 billion debt.

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On Tuesday, Prime Minister Shehbaz Sharif said during a federal cabinet meeting that the United Arab Emirates (UAE) had declared a rollover of $2 billion in debt that Pakistan is supposed to repay this month.

The news comes after Prime Minister Shehbaz and UAE President Sheikh Mohamed bin Zayed Al Nahyan met one-on-one in Rahim Yar Khan. The prime minister informed the cabinet that the discussion was “positive and constructive,” with both leaders talking about enhancing investment cooperation and fortifying bilateral ties.

During the cabinet meeting, the premier expressed gratitude to the UAE president for the gesture, highlighting its significance for Pakistan’s economic stability in televised remarks. He said Sheikh Nahyan promised that his nation would not lag behind in this area and pledged to invest in Pakistan.

Sheikh H.H. H.E. Muhammad Shehbaz Sharif, Prime Minister of the friendly Islamic Republic of Pakistan, meets with Mohamed bin Zayed Al Nahyan, President of the United Arab Emirates, in Rahim Yar Khan, Pakistan, where they talk about ways to collaborate and cooperate together. clJ87KY5TL in a picture

— UAE Embassy PK January 5, 2025 (@uaeembassyisb)

“The UAE president reiterated his country’s commitment to enhancing the longstanding partnership with Pakistan and expressed a desire to swiftly implement investment projects,” said the president. Additionally, he expressed gratitude to the visiting dignitary for announcing the debt rollover.

Because of everyone’s efforts, PM Shehbaz emphasized that Pakistan’s economy was headed toward stability. He emphasized the government’s resolve to turn Pakistan into a thriving country and restore its former splendor, stating, “But this needs a journey of sacrifice, blood, sweat, and nothing short of that.”

In order to improve exports and trade, he said, measures to lower the cost of electricity were necessary when the indigenous economy program was launched. Additionally, he announced that a “comprehensive” conference would be held this week to discuss cutting electricity prices, which he organized last week with the participation of regional governments.

Shehbaz praised the recent surge in textile exports and emphasized the importance of diversification into non-traditional industries and export-led growth. He emphasized the importance of small and medium-sized businesses (SMEs) for economic development and brought up a recent meeting to conclude the SMEDA Board, where some significant decisions were also made. January 15 is the date of another meeting on the subject, he continued.

Later this month, Indonesian President Prabowo Subianto is expected to visit Pakistan, where the two countries are expected to talk about deepening and integrating their bilateral cooperation, the PM shared. Additionally, the two countries will look at potential collaboration in the import of edible oil and the export of halal rice and meat.

A deputy commissioner and others were hurt in a recent fire incident in Lower Kurram, which the prime minister denounced as an attempt to undermine the peace deal. In addition to expressing hope for the victims’ recovery, he reaffirmed the government’s commitment to fighting people smuggling, a practice that has resulted in a huge death toll and damaged Pakistan’s standing internationally.

“To address this serious issue, regular meetings are being held with the Interior Ministry and other relevant departments,” he continued.

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Pakistan’s exports increased by 10.52% in the first half of FY 2024-25.

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Pakistan’s exports had a notable rise of 10.52 percent in the first half of the fiscal year 2024-25, reaching $16.5 billion, up from $14.9 billion during the corresponding time last year.

From July to November, exports rose by 12.5 percent, amounting to $13.6 billion, reflecting the government’s economic policies.

In December 2024, exports amounted to $2.842 billion, reflecting a 0.28 percent rise from November.

The Special Investment Facilitation Council (SIFC) was essential in stabilizing exports and imports.

The prevailing export pattern highlights Pakistan’s dedication to continuous economic advancement.

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Champions Trophy: Younis Khan is named Afghanistan’s cricket team’s coach.

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Younis Khan, the former captain of the Pakistan cricket team, has been named the Afghanistan cricket team’s mentor for the 2025 ICC Champions Trophy, which will take place in Pakistan.

Younis Khan contributes a wealth of experience to the Afghan team. He is well-known for his successful batting career, which included over 10,000 Test runs, and his leadership in helping Pakistan win the 2009 T20 World Cup. In 2022, he was Afghanistan’s batting coach during a training camp in the United Arab Emirates.

Younis previously served with Afghanistan, although he has also handled a number of coaching posts, such as for the 2020 Pakistani tour of England, where the batting coach for the national team was appointed. During his tenure in the Pakistan Super League, Peshawar Zalmi served as a mentor. Bangla Tigers: Recently served as coach of the Abu Dhabi T10 League team.

The team’s performance in the crucial competition will be improved under Younis Khan’s guidance, according to the Afghanistan Cricket Board (ACB). It is anticipated that he will join the Afghan team just prior to the Champions Trophy starting.

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Imran was granted freedom by the establishment via Naqvi: Marwat

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Sher Afzal Marwat, the leader of the PTI, revealed that Interior Minister Mohsin Naqvi had suggested home arrest for PTI founder Imran Khan, a proposal that the former prime minister categorically refused.

Interior Minister Mohsin Naqvi also proposed the founder’s release on December 22 of last year, but this proposal was also rejected, according to Marwat.

Marwat asserted that there were no further backdoor discussions. He claimed that the meeting would have happened by now if Mohsin Naqvi had been involved in the negotiation process and that PTI members are becoming disillusioned with the government’s unwillingness to participate in a meaningful way.

Because the authorities did not want Imran Khan to speak during the process, the PTI firebrand said that the PTI negotiation committee was not being given the opportunity to meet with Khan. He went on to say that the events of the past few days had disappointed him and that he hoped the PTI team could meet with the party founder tomorrow.

Although the government did not interfere and the authorization was obtained from another source, Marwat said that the government was unable to arrange a meeting between the negotiation committee and Imran Khan. “If the government was interested, the negotiation committee would have met the founder already,” he stated.

“It will be challenging to get back to the negotiation table if this keeps up,” he cautioned. He said that the speaker of the National Assembly had not returned calls, indicating that attempts to reach him had been unsuccessful.

Marwat emphasized how crucial it is that the PTI negotiation team and the currently detained Imran Khan meet every day. He claimed that although the Islamabad High Court had set aside a day to meet with the founder, not a single meeting had occurred.

Despite obstacles, Marwat expressed optimism for improved results and acknowledged some progress in earlier rounds of negotiations. Nonetheless, he insisted that the government could not permit a meeting with such helplessness. He said that both the PML-N and the PPP had previously shared the PTI founder’s position. “If some mercy was shown towards us in the last couple of years, our attitude would have changed,” he added.

According to Marwat, the government’s words and deeds paint a “dark picture.” He notably cited Khawaja Asif’s remarks and the PTI leadership’s response, calling them unhelpful.

Marwat minimized hopes of Trump’s possible comeback and rejected recent comments made by US President-elect Donald Trump’s aide Richard Grenell. We do not believe that Trump’s reelection will be advantageous to us. He declared, “We have faith in the judges.

He warned that more instability might result from further delays in his conclusion. “The future will be much worse than the past if we do not act now,” Marwat stated, restating PTI’s resolve to find a peaceful solution while holding the government responsible for its deeds.

“PTI made backdoor contacts.”
In a separate, exclusive interview with Samaa TV, PTI Chairman Barrister Gohar Ali Khan revealed that the party has set up backdoor contacts for talks prior to November 26. Formal discussions, he added, could not start. “No one, including Mohsin Naqvi, talked about the release of the PTI founder,” Gohar asserted, adding that he had not been informed of Imran Khan’s house detention in Bani Gala.

PTI Founder Imran Khan’s sister Aleema Khan disclosed earlier in the day that her brother had been repeatedly approached for a backdoor deal, including one that involved house detention at Bani Gala.

Aleema told the media after visiting Khan at the Adiala Jail in Rawalpindi that Ali Amin Gandapur had offered her brother house arrest, but she stressed that no one had spoken to Imran Khan personally about these suggestions.

“Imran Khan has had offers of deals ever since day one, but no one has approached him directly. Aleema Khan stated, “At Bani Gala, Ali Amin Gandapur presented the offer of house arrest. Her brother was also counseled to keep quiet and not speak out.”

According to his sister, Imran Khan has repeatedly turned down such offers during his more than one and a half years in prison. Aleema questioned why, after spending so much time in jail, he was placed under home arrest. “If a backdoor deal was going to occur, it would have already occurred,” she said.

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