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February 24, 2025

The Pakistan Daily

FeaturedNewsPakistan

Pakistan, Azerbaijan set to finalize $2bn investment agreements in April

BAKU: Pakistan and Azerbaijan have reaffirmed their commitment to strengthening economic ties, with plans to finalize investment agreements worth $2 billion by April. Prime Minister Shehbaz Sharif made the announcement during his official visit to Baku, where he met with Azerbaijani President Ilham Aliyev. Speaking at a joint press conference, PM Shehbaz expressed gratitude for Azerbaijan’s investment pledge, highlighting its potential to boost economic cooperation. “This investment will bring mutual benefits to both countries,” he stated. The two sides have given themselves a one-month deadline to finalize the agreements, with an Azerbaijani delegation scheduled to visit Islamabad in April for

February 19, 2025

The Pakistan Daily

FeaturedNewsPakistan

Pakistan, China vow to continue working on shared objectives

Pakistan and China have expressed commitment to continue working closely on shared objectives and strengthening people-to-people ties. The resolve to this effect was made in a meeting between Planning Minister Ahsan Iqbal and Ambassador of China to Pakistan Jiang Zaidong in Islamabad. On this occasion, the Minister reiterated Pakistan’s commitment to advancing key initiatives under the China-Pakistan Economic Corridor and emphasized the importance of aligning developmental priorities for mutual benefit. The two sides discussed ongoing and future areas of collaboration, with a particular focus on economic and infrastructure development. Ahsan Iqbal extended warm greetings to the Chinese Ambassador on the

February 15, 2025

The Pakistan Daily

FeaturedNewsPakistan

ECC approves Pakistan’s NDB-BRICS membership

The Economic Coordination Committee of the Cabinet has approved over 27 billion rupees to ensure financial support for key initiatives. The ECC, which met in Islamabad with Finance Minister Muhammad Aurangzeb in the chair, approved a technical supplementary grant worth 19.15 billion rupees for 133 schemes of the defunct Pakistan Public Works Department. It also okayed 5.36 billion rupees to execute development schemes under the SDGs Achievement Programme with 4.25 billion rupees allocated for Sindh and 1.11 billion rupees for Khyber Pakhtunkhwa. The approval was also granted to an amount of 1.914 billion rupees in favor of NADRA, ensuring the

February 13, 2025

The Pakistan Daily

FeaturedNewsPakistan

Pakistan set for economic growth after stability: PM Shehbaz

Prime Minister Muhammad Shehbaz Sharif says Pakistan is taking off for economic growth after attaining macroeconomic stability. Presiding over the Federal Cabinet meeting in Islamabad, he lauded the tireless efforts of the government’s economic team for achieving the milestone of macroeconomic stability. The Prime Minister said the government is also taking effective measures and making untiring efforts to speed up journey towards achieving the goal of economic growth. Turning to his recent successful visit to the United Arab Emirates, Shehbaz Sharif said he had very fruitful meetings with the world leaders including UAE President Sheikh Mohamed bin Zayed Al Nahyan,

February 6, 2025

The Pakistan Daily

FeaturedNewsPakistan

Pakistan seeks friendly relations with Afghanistan: Barrister Saif

PESHAWAR: Khyber Pakhtunkhwa’s Adviser on Information, Barrister Dr. Saif, has emphasised Pakistan’s desire for friendly relations with Afghanistan. During a meeting with Afghanistan’s acting ambassador to Pakistan, Maulvi Sardar Ahmad Shakeeb, Barrister Saif was accompanied by senior politician Muhammad Ali Durrani and Maulana Fazlur Rahman Khalil. On behalf of former prime minister Imran Khan and Khyber Pakhtunkhwa’s Chief Minister, Barrister Saif conveyed a special goodwill message to the Afghan leadership. The meeting focused on enhancing bilateral cooperation and strengthening ties between Pakistan and Afghanistan. Barrister Saif expressed the intention to organise a delegation of tribal leaders, political figures, and scholars

February 4, 2025

The Pakistan Daily

FeaturedNewsPakistan

Pakistan, KSA ink two financing agreements worth over $1b

Pakistan and Saudi Fund for Development have signed two financing agreements worth over one billion dollar. These agreements include “Deferred Payment for Oil Import from Saudi Arabia” worth 1.2 billion dollar for one year and “Construction of Gravity Flow Water Supply Scheme” at Mansehra amounting to 41 million dollar. Secretary Economic Affairs Dr Kazim Niaz and Chief Executive Officer Saudi Fund for Development Sultan Abdulrahman Al-Marshad signed the agreements. Among others, Prime Minister Shehbaz Sharif and Saudi Ambassador Nawaf bin Said Al-Malki witnessed the signing ceremony.

January 29, 2025

The Pakistan Daily

FeaturedNewsPakistan

CDWP approves 16 development projects worth Rs259.68b

The Central Development Working Party has approved 16 development projects worth of 259.68 billion rupees. The approval was given during a meeting of the CDWP in Islamabad with Deputy Chairman Planning Commission Ahsan Iqbal in the chair. Out of these, seven projects were recommended to the Executive Committee of the National Economic Council for its consideration and approval.