August 1, 2026
Four years ago Arshad Nadeem threw a javelin 90.18 metres and Pakistan celebrated for a week. On Friday night in Glasgow he threw 77.41 and finished ninth. Aflatoon on what a country owes an athlete after the parade is over.
July 4, 2026
Prime Minister Shehbaz Sharif has approved Rs11 billion to prepare Pakistan for hosting the 14th South Asian Games in March 2027, after the event was rescheduled from its original January 2026 date. Lahore and Islamabad will serve as the main host cities, with Faisalabad as a sub-host.
An undated image of the World Bank building. — Reuters FinMin meets World Bank Director for Pakistan. The World Bank recognizes Pakistan’s progress towards stability. Both sides agree that targeted sectoral reforms could boost exports. ISLAMABAD: The World Bank (WB) has urged Pakistan to take a results-oriented approach in seeking a multi-billion dollar loan in the medium to long term to address its financially draining power sector. The News reported on Friday. There is a long wish list for the energy sector, including the power and gas sectors, but the World Bank has notified the government that it will assess
Chamber urges easier credit, cash flow lending and support for women entrepreneurs Lahore Chamber of Commerce and Industry. Photo: archive LAHORE: The Lahore Chamber of Commerce and Industry on Thursday organized the SME Finance and Banking Expo to provide small and medium enterprises with instant access to banking facilities, financing programs and financial products. According to a statement, the day-long event was attended by almost all major commercial banks, Islamic banks and financial institutions operating in the country. Banks set up special stalls where a large number of LCCI members visited to get information on SME-focused financing products, refinancing schemes,
Finance Minister Muhammad Aurangzeb speaks during an interview with Reuters at the 2025 IMF/World Bank Annual Spring Meetings in Washington, DC, US, April 25, 2025. Photo: Reuters/ File KARACHI: Finance Minister Muhammad Aurangzeb, reflecting on the prospects for improving philanthropy through policy and tax structure improvements, said the emerging Pakistan Social Impact Financing Framework, a new initiative under the Prime Minister’s Office, aims to mobilize public, private and philanthropic capital for measurable social outcomes. Speaking at the Corporate Philanthropy Awards 2025, organized by the Center for Philanthropy Pakistan (PCP), he said Pakistan’s corporate giving reached a record Rs 25.44 billion
A yak grazes in front of snow-capped mountains in an area hit hard by flood-related incidents near Gamoo Bhr Glacier and Darkut Glacier in Darkut village near Gilgit-Baltistan on October 11, 2023. — Reuters The project covers Pakistan, Central Asia and South Caucasus. Funding to top up $3.25 billion from ADB over the next decade. The project focuses on the Swat River Basin, covering approximately 27 hectares. The Green Climate Fund (GCF) has approved $250 million for Glaciers to Farms, a major adaptation project led by the Asian Development Bank (ADB). A statement issued by the ADB said the project
October 22, 2025
A nurse fills a syringe with a vaccine before giving an injection at a children’s clinic in Kiev, Ukraine, August 14, 2019. — Reuters Core operations in core countries will continue. Lower risk areas will experience reductions in support. Wild polio remains in Afghanistan and Pakistan. Polio eradication is still possible despite major funding cuts, global health officials said as they outlined how they would address the shortfall. The budget of the Global Polio Eradication Initiative, a partnership that includes the World Health Organization and the Gates Foundation, will be cut by 30 percent in 2026 and will have a
Pakistan has recorded one of the most intense reductions at risk of default worldwide, emerging as the only country that shows a consistent improvement in the last 15 months, according to Finance Minister Khurram Schehzad. “Pakistan is no longer treated through the lens of deficiency risk,” Schehzad said. “It emerges as a steady, reformed and durable economy,” said Khurram Schehzad, adviser to the Minister of Finance, made the observations on Sunday in a position on X, citing a report from Parachute. He said that Pakistan ranked second place among emerging economies that show the stronger reduction in sovereign probabilities –
A Pakistani representative counts US dollars in a coin exchange store in Karachi. – AFP/file Pakistan has recorded a 22% reduction in default risk in the last 15 months. Schehzad credits structural reforms, timely debt service. Trust of investors in improving the economy: funding consultant. Pakistan has recorded one of the steepest drops at the risk of default in emerging markets (EM), second only to Turkiye, Khurram Schehzad, Minister of Finance’s adviser, said on Sunday. Referred to a Parachute Exposure to X, Schehzad, said the country has recorded a 22% reduction in over -exploitation risk in the last 15 months
Pakistan’s state bank launched a funding system without funding for the purchase of electric bicycles, rickshaws and loaders as part of the efforts to enhance energy efficiency and green technologies in the car industry. Under the initiativeThe federal government will provide capital subsidies of up to RS50,000 for two vehicles and Rs200,000 for three fort. Banks will extend both conventional and Islamic funding facilities, covered in RS200,000 for electronic bikes and RS880,000 for Rickshaws or loaders. The maximum loan tenor will be two years for bikes and three years for rickshaws or loaders. “The federal government has introduced a” cost
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October 26, 2026
The Pakistan Daily
October 26, 2026
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