Incentives alone won’t fix Pakistan’s exports

KARACHI: The current fiscal year has been marked by significant strain on the external account, driven in large part by the US-Iran conflict and its spillovers into capital flows and sovereign spreads. With peace now expected to return to the region, policymakers’ attention should turn to the domestic constraints that continue to hold exports back….

Read More

Balochistan approves Rs1.189tr budget

QUETTA: The Balochistan Assembly on Sunday approved the provincial budget for the financial year 2026–27, amounting to Rs1,189 billion, after passing all 118 demands for grants and recording no cut motions from the opposition. The budget was passed during the closing sitting of the assembly, which met 40 minutes behind schedule under the chairmanship of…

Read More

a key for rapid development

Activation of China route as energy corridor can prove to be windfall for Pakistan, complemented by 923-hectare free t ISLAMABAD: The idea of developing a modern port at Gwadar goes back to 1954, when a survey by the United States Geological Survey (USGS) convinced Pakistan of its strategic importance. However, it took us 54 years…

Read More

R-4 forum focuses on regional security concerns

ISLAMABAD: Foreign ministers of Pakistan, Saudi Arabia, Turkiye and Egypt gathered in Cairo on Sunday for the fourth consultative meeting of the R-4 grouping, at a moment when Iran and the United States opened a fresh round of talks in Switzerland aimed at consolidating the recently signed Islamabad Memorandum of Understanding (MoU). The meeting was…

Read More

Vance praisesPakistan leadership’s ‘historic diplomacy’

Shehbaz hopes Switzerland talks will mark the beginning of a sustained diplomatic process BURGENSTOCK, SWITZERLAND: US Vice President JD Vance on Sunday described the Iran-US engagement in Switzerland as a “historic” diplomatic opening, while crediting Prime Minister Shehbaz Sharif and Pakistan’s Field Marshal Syed Asim Munir for their decisive leadership in bringing the negotiations to…

Read More

NA passes Rs9.17tr demands for grants

ISLAMABAD: The National Assembly on Sunday formally began passage of the federal budget for 2026–27, approving 125 demands for grants worth Rs9.171 trillion after rejecting 307 cut motions moved by the opposition through a majority vote. The House met with Speaker Sardar Ayaz Sadiq in the chair. Finance Minister Muhammad Aurangzeb presented demands for grants…

Read More

US, Iran hold firstround of ‘fragile’ talks

• Pakistan, Qatar host quadrilateral summit in Switzerland • Trump and Ghalibaf trade warnings • Iranian media sa US Vice President JD Vance speaks next to Prime Minister Shehbaz Sharif and Qatar’s Prime Minister Sheikh Mohammed bin Abdulrahman bin Jassim al-Thani prior to a quadrilateral meeting between the United States, Iran, Pakistan and Qatar at…

Read More