Shahbaz Sharif

Pak PM Sharif admits there will be more inflation after IMF agreement

As the government seeks to revive the IMF programme, Pakistan has also sought to secure assurances from Saudi Arabia and China for more loans

Pakistan's external debt servicing jumps by 70% in first half of FY23

In the first half of the fiscal year, Pakistan paid USD 10.21 billion in external debt servicing while in the same period of 2021-22, the country paid USD 6 billion

'Have learnt our lesson, want peace with India': Pak PM Shehbaz Sharif

Sharif said that both countries are nuclear powers, and if the conflict triggers a war, then there will be no one left to live and tell what happened

Pakistan PM Shahbaz Sharif kicks off nationwide polio eradication drive

The resurfacing of the cases has certainly raised concerns among the partners, including World Health Organization (WHO) and other stakeholders

Pak's Punjab Assembly dissolves; caretaker CM nominations asked by Jan 17

Pakistan's Punjab Assembly on Saturday evening stood dissolved after Punjab Governor Balighur Rehman refused to sign an advice of Chief Minister Chaudhry Parvez Elahi. Elahi on the "wish" of Pakistan Tehreek-i-Insaf chairman Imran Khan on Thursday had sent the advice to dissolve the assembly. As the governor did not sign the dissolution summary, it stood dissolved 48 hours (Saturday evening) from the time the CM sent it to governor as per the Constitution. The governor said in a tweet: "I have decided not to become part of the process leading to the dissolution of Punjab Assembly. I would rather let the Constitution and law take its own course. Doing so will not hamper any legal process as the Constitution clearly provides a way forward." The governor also invited CM Elahi and Leader of the Opposition in the PA, Hamza Shahbaz (son of prime minister Shehbaz Sharif), to start the process of the appointment of the caretaker chief minister. He asked them to submit their nominations by .

Pakistan PM Shahbaz Sharif urges global aid for 20 million flood victims

Pakistan's prime minister on Wednesday urged the international community to give his country desperately needed aid to help 20 million flood victims survive the harsh winter, as the country struggles to cope with the humanitarian aftermath of vast floods earlier in the year. Prime Minister Shahbaz Sharif made the emotional appeal for help in arranging food, tents and other essential items for the millions of people the deadly floods had displaced ahead of an international donors conference in Geneva on January 9, 2023. Even today, 20 million victims of the floods need urgent humanitarian assistance, Sharif said in televised comments during a visit to Kot Diji in the southern province of Sindh, an area widely devastated by the inundations. Cash-strapped Pakistan was already facing a serious financial crisis before the heavy monsoon rains hit in mid-June. The rains triggered unprecedented floods that at one point submerged a third of the country's territory. Sharif said Pakistan was

World Bank pledges $2 billion for flood-ravaged Pakistan, says report

The $2 billion figure includes that amount. Raiser said the bank is working with provincial authorities to begin as quickly as possible repairing infrastructure and housing

Water begins receding in Pakistan's worst flood-hit southern Sindh province

Floodwaters are receding in Pakistan's worst-hit southern Sindh province, officials said Friday, a potentially bright sign in an ongoing crisis that has left hundreds of thousands of people homeless in the impoverished South Asian country. The Indus River, which remained swollen until earlier this month, was now rushing at normal levels towards the Arabian Sea, according to Mohammad Irfan, an irrigation official in hard-hit Sindh. The water level in the past 48 hours receded as much as three feet in some of the inundated areas nearby, including the Khairpur and Johi towns, where waist-high water damaged crops and homes earlier this month. A day earlier, engineers had opened a key highway in the southwestern Baluchistan province, allowing rescue workers to speed aid to those suffering in a race against the spread of waterborne diseases and dengue fever. Still, hundreds of thousands of people in Sindh are living in makeshift homes and tents. Authorities say it will take months to ...

PM Modi to attend SCO Summit in Samarkand, all eyes on bilateral meetings

After the Samarkand summit, the presidency of the SCO will be handed over to India for the next year till September 2023. New Delhi will most likely host the next SCO summit

PM Sharif says Imran Khan 'out to undermine Pakistan', blew up IMF deal

Miftah had also claimed that the deal with the global lender was delayed by the previous government and that, too, was poorly negotiated

As IMF okays Pak revival plan, Sharif says 'is not an end in itself'

As International Monetary Fund (IMF) approved Pakistan's revival plan to stabilize the country's economy, Prime Minister Shahbaz Sharif has said that it "is not an end in itself".Prime Minister's remarks come after IMF executive board approved the revival of Pakistan's Extended Fund Facility (EFF) programme on Monday with which the country will receive the 7th and 8th tranche of USD 1.17 billion.Taking to Twitter, the Prime Minister said that the revival of the IMF programme is a path to the reorientation of the Pakistani economy."Revival of IMF program, though critical to our economy, is not an end in itself. It offers a pathway to reorient our economy. We will have to work hard to make it self-sufficient. Pakistan must break out of the economic straitjacket, which is only possible through structural reforms," he said.Finance Minister Miftah Ismail had tweeted, "Alhamdolillah the IMF Board has approved the revival of our EFF program. We should now be getting the 7th & 8th ...

PM Sharif leaves for 2-day Qatar visit amid political turmoil in Pakistan

Pakistan Prime Minister Shehbaz Sharif is set to embark on a two-day official trip to Qatar on Tuesday even as political tensions continue to rise in the country."Leaving for Qatar today at the invitation of my brother HH Sheikh Tamim bin Hamad Al-Thani. The visit will renew the bond of brotherhood & friendship between our two countries. We want to transform our historical bilateral relationship into a more robust strategic relationship," Shehbaz Sharif tweeted.The Pakistan prime minister, along with a high-level delegation including key members of the Cabinet, will look to renew ties between the two countries.He will try to seek investment in several sectors such as renewable energy, food security, industrial & infrastructure development and tourism."On the invitation of His Highness Sheikh Tamim bin Hamad Al Thani, the Amir of the State of Qatar, Prime Minister Muhammad Shehbaz Sharif will pay a two-day official visit to Qatar from 23-24 August 2022. This would be the ...

Pak death toll from rains, flood reaches 320; PM visits Balochistan

Pakistan PM Shahbaz Sharif has visited flood-ravaged Balochistan province and assured the affected people of all possible help in their rescue and rehabilitation

Imran Khan to hold public gathering in Islamabad against Sharif govt

Former Pakistan Prime Minister Imran Khan is set to hold a huge public gathering at Parade Ground in the capital city of Islamabad on Saturday amid the worsening economic crisis in the country.Aside from the Pakistan Tehreek-e-Insaf (PTI) chief, the Islamabad jalsa would be addressed by other senior leaders of the party. Khan will himself lead a rally from Rawalpindi to the Parade Ground venue, ARY News reported."InshaAllah tomorrow will be our historic Islamabad jalsa at Parade Ground against Imported govt's pol destabilisation & crushing our people under the burden of excessive load shedding in peak of summer & spiralling fuel prices. I will be leading a rally from Pindi to Parade Ground," Imran Khan tweeted on Friday."Instead of buying cheaper oil from Russia Imported govt, brought in by US regime change conspiracy, continues to put unbearable burden on people while giving themselves NRO2 worth Rs 1100 bn. Total increase Rs 99 for petrol, Rs 133 for diesel. Join our ...

Pakistan PM Sharif announces 10% super tax on large-scale industries

High net worth individuals will also be subject to a "poverty alleviation tax," Sharif announced after chairing a meeting of his economic team on the federal budget for the next fiscal year 2022-23.

Pakistan PM Sharif: Determined to complete all CPEC projects on time

Sharif said the affordable and skilled Pakistani labour and modern Chinese technology jointly will help make the economic development grow at a vigorous pace

India slams Pak for criticising BJP members remarks against Prophet

External Affairs Ministry spokesperson Arindam Bagchi said the "absurdity of a serial violator of minority rights commenting on the treatment of minorities in another nation is not lost on anyone"

No change in trade policy with India: Pak amid buzz over trade minister

Pakistan's Ministry of Commerce issued a statement, saying Ministry of Commerce manages 57 Trade Missions in 46 countries which includes the post of Minister (Trade and Investment) in New Delhi, India

The Sharifs and their filthy lucre

In 1998, a book came out on the corporate interests of Nawaz Sharif's extended family

Change of guard in Pakistan is its internal matter: Senior army officer

We are keeping a watch on the situation and our counter-infiltration measures are in place to foil all their attempts, the army officer said