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The Uzbek foreign minister comes to Pakistan for a two-day formal visit.

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8 months ago

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The Uzbek foreign minister received a warm welcome upon his arrival. Aizaz Khan, Director General of the Ministry of Foreign Affairs (Central Asia & ECO), received him.

During his visit, Foreign Minister Saidov will meet with Prime Minister Shehbaz Sharif as well as Deputy PM and Foreign Minister Ishaq Dar.

According to the Foreign Office, a wide variety of bilateral topics of mutual importance will be discussed, with a focus on commerce and connectivity.

“The visit of the Foreign Minister of the Republic of Uzbekistan is expected to provide fresh impetus to the friendly relations between the two countries,” she said.

Mohammed Bin Salman Al Saud, Saudi Crown Prince and Prime Minister, is expected to visit Pakistan in May, according to reports.

This is the Saudi Crown Prince’s first visit to Pakistan in five years. He had last visited Pakistan in February 2019. The Saudi crown prince will arrive in Pakistan with a delegation.

According to the sources, MoUs for a $5 billion investment would most likely be inked during the visit, and the crown prince’s visit dates are being finalized.

The visit would be Pakistan Prime Minister Shehbaz Sharif’s third in-person meeting with Saudi Crown Prince Mohammed Bin Salman in five weeks.

A high-level trade delegation from Saudi Arabia, led by Deputy Minister for Investment Ibrahim al-Mubarak, recently visited Pakistan to explore investment prospects in various sectors and to strengthen ties with Pakistani entrepreneurs.

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

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5 days ago

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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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5 days ago

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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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