Karachi/Sydney: June 14, 2025– The Australian Dollar (AUD) is trading at 183.57 Pakistani Rupee (PKR) today, maintaining a stable position since June 10 but showing a notable rise from 180.17 PKR last week.The strengthening AUD reflects broader economic trends, including shifts in commodity markets and Pakistan’s ongoing currency pressures. Why is the AUD Rising Against the PKR? The exchange rate between the Australian Dollar and the Pakistani Rupee is influenced by several key factors:Commodity Prices: Australia is a major exporter of minerals and agricultural goods. Rising global commodity prices, particularly for iron ore and coal, boost demand for the AUD.Interest Rate Differentials: The Reserve Bank of Australia’s (RBA) relatively higher interest rates compared to Pakistan’s make the AUD more attractive to investors.Pakistan’s Economic Challenges: High inflation, dwindling forex reserves, and political uncertainty continue to weaken the PKR, making foreign currencies like the AUD appear stronger.Risk Sentiment: As a risk-sensitive currency, the Australian Dollar often gains when global markets are optimistic, while the PKR remains vulnerable to domestic instability. Impact on Trade and Remittances Pakistani Students & Expats: A stronger AUD increases education and living costs for Pakistani students in Australia but benefits expats sending money back home, as they get more PKR per AUD.Trade Implications: Pakistan imports wheat, pulses, and machinery from Australia—a stronger AUD could raise import costs, adding to inflationary pressures. Global Factors Supporting the AUD Australia’s resilient economy, backed by strong trade ties with China and stable fiscal policies, helps maintain the AUD’s strength. Meanwhile, Pakistan’s reliance on imports and external debt repayments keeps the Rupee under strain. About the Currencies Australian Dollar (AUD): Introduced in 1966, the AUD is the fifth most traded currency globally, known for its correlation with commodity markets.Pakistani Rupee (PKR): Pakistan’s official currency since 1948, the PKR has faced persistent depreciation due to economic instability and external deficits.As the AUD holds firm, analysts suggest the PKR may remain under pressure unless Pakistan secures more forex inflows or stabilizes its economy. For now, businesses, students, and expatriates will closely watch exchange rate movements. Currency Rates in Pakistan Today

Dubai/Karachi- June 14, 2025: The UAE Dirham (AED) continues its upward trend against the Pakistani Rupee (PKR), trading at 77.04 PKR today, marking a steady rise from 76.96 PKR yesterday and 76.44 PKR earlier this week.The consistent appreciation of the Dirham reflects the UAE’s robust economic policies and Pakistan’s ongoing currency challenges. Why is the AED Rising Against the PKR? The exchange rate between AED and PKR is influenced by multiple factors, including:Strong UAE Economy: The UAE’s diversified economy, driven by oil exports, tourism, and financial services, keeps the Dirham stable.Remittance Demand: Millions of Pakistani expatriates in the UAE send money home, increasing demand for AED and strengthening its value.Pakistan’s Economic Pressures: High inflation, trade deficits, and political uncertainty weaken the Rupee, making the Dirham more valuable in comparison.USD Peg: Since the AED is pegged to the US Dollar (1 AED ≈ 0.27 USD), its strength often mirrors the Dollar’s performance against other currencies. Impact on Expats and Trade Positive for Pakistani Workers: A stronger Dirham means higher remittance value, giving families in Pakistan more Rupees for every AED sent.Costlier Imports for Pakistan: Since Pakistan imports goods from the UAE, a weaker Rupee could increase prices of electronics, machinery, and petroleum products. UAE’s Economic Policies Boosting the Dirham The UAE’s strategic economic reforms, including business-friendly regulations, tax incentives, and foreign investment initiatives, have strengthened its currency. Additionally, rising oil prices and a thriving non-oil sector contribute to the Dirham’s stability. About the Currencies UAE Dirham (AED): Introduced in 1973, the Dirham is the official currency of the UAE and is pegged to the US Dollar. It is one of the most stable currencies in the Middle East.Pakistani Rupee (PKR): The official currency of Pakistan since 1948, the Rupee has faced depreciation over the years due to economic instability and external debt pressures.As the UAE Dirham maintains its upward trajectory, analysts suggest that the PKR may remain under pressure unless Pakistan implements stronger fiscal reforms. For now, expatriates and businesses will continue to monitor exchange rate shifts closely.

Islamabad, June 14, 2025 – The Canadian Dollar (CAD) has strengthened against the Pakistani Rupee (PKR), reaching an exchange rate of 208.31 PKR today, up from 206.39 earlier this week and a notable increase from 201.55 PKR last week, according to data from major currency exchanges.This upward trend reflects a combination of global and regional economic dynamics influencing the valuation of both currencies. Valuation Mechanism The exchange rate between CAD and PKR is determined by the foreign exchange market, where currencies are traded based on supply and demand. Several factors drive this valuation: Interest Rates: The Bank of Canada’s monetary policy, including interest rate decisions, impacts the CAD’s value. Higher interest rates typically attract foreign investment, strengthening the currency. In contrast, Pakistan’s central bank, the State Bank of Pakistan, manages PKR stability through its own interest rate policies, which have faced pressure from inflation and external debt obligations. Economic Indicators: Canada’s stable economy, driven by exports like oil, natural gas, and commodities, bolsters CAD. Meanwhile, Pakistan’s economy, reliant on remittances, textiles, and agriculture, faces challenges from inflation and balance-of-payment issues, weakening PKR. Global Market Sentiment: Geopolitical events, commodity price fluctuations (especially oil, given Canada’s significant exports), and investor confidence influence CAD’s strength. For PKR, external factors like IMF loan conditions and regional trade dynamics play a role. Speculation and Trade Flows: Currency traders’ expectations and cross-border trade between Canada and Pakistan, though limited, contribute to short-term fluctuations. The recent CAD appreciation reflects stronger demand for the currency, potentially driven by rising commodity prices and Canada’s robust economic outlook compared to Pakistan’s ongoing fiscal challenges. Impact of the Rising CAD The strengthening Canadian Dollar has several implications: Trade and Imports: Pakistani businesses importing Canadian goods, such as machinery or agricultural products, face higher costs, potentially increasing prices for consumers. Conversely, Canadian importers of Pakistani textiles may find goods more affordable. Remittances: Pakistani diaspora in Canada, a significant source of remittances, can send more PKR per CAD, boosting household incomes in Pakistan and supporting local economies. Travel and Education: Pakistani students or travelers in Canada face higher costs for tuition and living expenses, as more PKR is needed to purchase CAD. Conversely, Canadian tourists may find Pakistan a more cost-effective destination. Investment: A stronger CAD may deter Canadian investment in Pakistan due to higher entry costs, while Pakistani investors may find Canadian assets less accessible. Currency Overview Canadian Dollar (CAD): Known as the “Loonie” (after the loon bird on its one-dollar coin), the CAD is the official currency of Canada, a G7 economy. It is a commodity-linked currency, heavily influenced by global oil and resource prices. Managed by the Bank of Canada, the CAD is widely traded and considered stable. Pakistani Rupee (PKR): The PKR is Pakistan’s official currency, issued by the State Bank of Pakistan. It has faced depreciation pressures due to economic challenges, including high inflation and external debt. The PKR is primarily used domestically and in trade with neighboring countries. As the CAD continues its upward trajectory against the PKR, market watchers anticipate further volatility, with both nations’ economic policies and global trends shaping future exchange rates. DOLLAR RATE TODAY IN PAKISTAN- LIVE

Karachi, June 14, 2025: The Saudi Riyal (SAR) strengthened slightly against the Pakistani Rupee (PKR) in the open market on Saturday, June 14, 2025, with the buying rate rising to Rs75.38 from yesterday’s Rs75.34. The selling rate also increased marginally to Rs75.92, reflecting a subtle upward trend in the currency pair, according to data from local forex markets. This shift underscores ongoing dynamics in Pakistan’s foreign exchange market, driven by economic factors and the significant role of remittances from Saudi Arabia. Valuation Mechanism of SAR to PKR The exchange rate between the Saudi Riyal and Pakistani Rupee is determined primarily by supply and demand dynamics in the open market, where currency exchange dealers set rates based on real-time transactions. The Saudi Riyal is pegged to the US Dollar (USD) at a fixed rate of 3.75 SAR to 1 USD, managed by the Saudi Central Bank. This peg indirectly influences the SAR-PKR rate, as fluctuations in the USD-PKR exchange rate ripple through to the Riyal. For instance, the US Dollar was reported trading at Rs282.9 (buying) and Rs285.30 (selling) on June 13, 2025, providing a benchmark for SAR’s valuation. Additional factors influencing the SAR-PKR rate include: Remittances: Pakistan received $34.9 billion in workers’ remittances from July 2024 to May 2025, with $913.3 million from Saudi Arabia in May alone, the highest among all countries. This high inflow strengthens demand for SAR, supporting its value against PKR. Economic Conditions: Pakistan’s trade balances, inflation rates, and foreign exchange reserves, managed by the State Bank of Pakistan, impact the PKR’s strength. The PKR often faces volatility due to external debt obligations and trade dynamics. Geopolitical and Market Sentiment: Regional stability and global economic trends, such as oil prices (given Saudi Arabia’s oil-driven economy), can cause short-term fluctuations in the SAR-PKR rate. The State Bank of Pakistan may intervene to stabilize the PKR, but the open market largely reflects organic supply-demand shifts. Today’s slight increase in the SAR-PKR rate suggests a modest rise in demand for the Riyal, possibly linked to remittance inflows or seasonal factors like travel for Hajj or Umrah. Reasons Pakistanis Purchase Saudi RiyalPakistanis acquire Saudi Riyals (SAR) due to deep economic, religious, and cultural connections with Saudi Arabia:Pilgrimage Travel: Millions of Pakistanis visit Saudi Arabia annually for Hajj and Umrah, needing SAR for costs like lodging, transport, and meals.Remittances: Pakistani workers in Saudi Arabia send SAR earnings home, which families or exchange firms convert to Pakistani Rupees (PKR).Trade Transactions: Businesses trading with Saudi Arabia, especially in textiles and food exports, use SAR for payments.Currency Stability: With the SAR pegged to the US Dollar, some Pakistanis hold it as a safeguard against PKR devaluation amid Pakistan’s economic volatility.Effects on Pakistani ExpatriatesThe SAR-PKR exchange rate of Rs75.34 impacts Pakistani expatriates and their families significantly:Higher Remittance Value: A stronger Riyal increases the PKR value of remittances, enhancing families’ purchasing power for essentials, education, and local economic activity, especially in rural regions.Rising Pilgrimage Costs: A higher SAR rate raises the PKR cost of Hajj or Umrah, potentially burdening lower-income pilgrims.Financial Predictability: Stable SAR-PKR rates aid expatriates and families in planning finances and cross-border payments.Vulnerability to Global Factors: The Riyal’s USD peg offers stability, but shifts in oil prices or US monetary policies could indirectly influence the SAR-PKR rate, affecting expatriates’ PKR earnings.Strengthened by ties like Saudi Arabia’s $3 billion deposit extension to Pakistan, these economic links remain robust.Overview of Saudi Riyal and Pakistani RupeeSaudi Riyal (SAR): The official currency of Saudi Arabia, denoted as SAR or SR, is divided into 100 halalas. Managed by the Saudi Central Bank, it has been pegged to the US Dollar since 1986, ensuring stability. Evolving from bimetallic coins to modern currency since 1932, the Riyal reflects Saudi Arabia’s economic resilience.Pakistani Rupee (PKR): Pakistan’s currency, symbolized as PKR or Rs, is split into 100 paisa. Overseen by the State Bank of Pakistan under a managed float, its value fluctuates based on market dynamics, remittances, and trade. Introduced in 1948, the Rupee faces challenges from economic instability but remains vital for domestic and global transactions.

ISLAMABAD: Prime Minister (PM) Muhammad Shehbaz Sharif has instructed concerned authorities to promptly finalise the Electric Vehicles (EV) Policy 2025, involving all stakeholders, and present it to the federal cabinet without delay.The prime minister gave these directives during a high-level meeting on Saturday to assess the policy framework for advancing the electric vehicles industry and its adoption in PakistanDuring the meeting, the draft of the Electric Vehicles Policy 2025 was thoroughly discussed. The Prime Minister emphasized the need for swift and priority-based measures to promote electric motorcycles, scooters, three-wheelers, cars, and buses across Pakistan.PM Shehbaz also underscored the importance of setting up charging infrastructure, including charging stations and battery swapping facilities, to support the expansion of the EV ecosystem.Furthermore, PM Shehbaz instructed that relevant industries should be facilitated to enhance the local manufacturing capacity of electric two-wheelers and three-wheelers.The meeting was attended by Federal Ministers Rana Tanveer Hussain, Ahmad Khan Cheema, Muhammad Aurangzeb, Special Assistant Haroon Akhtar, and other senior government officials.Read More: Electric vehicles’ charging tariff fixed at Rs 23.57/unitEarlier, the basic tariff of electric vehicle charging stations has been fixed at Rs 23.57 per unit as the federal government’s request has been approved.The National Electric Power Regulatory Authority (NEPRA) issued a decision approving the federal government’s request, reducing the basic tariff of electric vehicle charging stations by Rs 21.98 per unit.After the decision, the tariff has been reduced from Rs 45.55 to Rs 23.57 per unit. Meanwhile a request to remove capped margin of Rs 24.44 on vehicle charging stations also approved.As per the government’s request, the margin has been left to the market, the NEPRA maintained.It is to be noted here that the federal government had submitted a request to NEPRA for reduction in tariff of charging stations.

ISLAMABAD: Pakistan People's Party lawmaker during the budget debate in National Assembly on Saturday demanded withdrawal of the clause allowing arrest of traders by the FBR."We told the previous PTI government that the NAB and the economy could not go side by side," PPP lawmaker Naveed Qamar said on the floor of the lower house. "They understand it after three years"."This government has delegated the NAB's powers to the FBR. When a businessman knows that the FBR will arrest and degrade him, why he will invest," PPP member questioned."We want to inform the government, we will not accept the clause about handing over arrest powers to the FBR," Naveed Qamar said.He said, agriculture is our backbone, the world is working over the food security, but we are pushing it away. "We have the pretext of IMF for everything".He said the farmer only demanding the price of his crop. "A mafia is ready to get commission over every import. The farmer being destroyed in the name of the IMF", he said."We talk much about the climate change but preventing clean energy in Pakistan," PPP member said. "People installing solar panels on their own but 18 percent tax has been proposed over it," Naveed Qamar said.He urged for keeping the public interest ahead while presenting budget.

BAJAUR: The house of Special Assistant to the Prime Minister (SAPM) and Member of the National Assembly, Mubarak Zeb Khan, was partially damaged in a rocket attack in Bajaur on Saturday, ARY News reported.No casualties were reported in the incident. Law enforcement agencies swiftly arrived at the scene upon receiving the information and have launched an investigation.Prime Minister(PM) Muhammad Shahbaz Sharif has strongly condemned the rocket attack on the residence of Member of the National Assembly, Mubarak Zeb Khan, in Bajaur.According to a spokesperson, the PM expressed deep concern over the incident and thanked Almighty Allah that no loss of life occurred during the attack.He said that such acts of violence were unacceptable and aimed at destabilizing peace in the region. The PM Shahbaz Sharif directed the relevant authorities to conduct an immediate and thorough investigation into the incident.Read More: Suicide bombers among 9 terrorists killed in Bajaur IBO: ISPRHe also ordered the swift arrest of those involved in the attack,emphasizing that the perpetrators must be brought to justice without delay.The PM reiterated the government’s resolve to eliminate terrorism and ensure the safety and security of public representatives and citizens across the country. 

KARACHI: Sindh's Chief Minister Murad Ali Shah condemned Israeli aggression against Iran during his post-budget press conference on Saturday."I am also denouncing the people who created obstacle during passage of the resolution in Sindh Assembly against Israel," Murad Ali Shah said in press conference. "Regretfully the opposition didn't show seriousness", he said."Don't know who ask them to plan this disturbance," Sindh CM said.He said the government has allocated 236 billion rupees for Karachi in the budget. "We want to do much more, but resources constraints force us to reconsider it," he further said.CM Shah told media that no allocation made for big dams in federal budget. Prime Minister has already said that no contentious dam will be built."Sindh has allocated 25 billion rupees for solarization in this budget," he said.He said only economic development could help in poverty alleviation. "In last few years our poverty figures have increased, we could not be able to remove people from the poverty," chief minister said. "Our hands are tied over many issues due to the IMF programme," CM said.

ISLAMABAD: Pakistan's Defence Minister, Khawaja Muhammad Asif, on Saturday urged all the Islamic countries to cut ties with Israel due to its aggression against Iran.Strongly condemning Israel’s recent strikes on Iran, the defence minister warned that if the Muslim Ummah does not unite, every Muslim country’s turn will come.Addressing a session of the National Assembly, Khawaja Asif stated that after targeting Palestine and Yemen, Israel has now launched attacks on Iran.He underscored the urgent need for unity among Muslim nations in the face of escalating Israeli aggression. “The Muslim Ummah must stand united in today’s difficult time,” he said. “If we fail to unite now, each Islamic country will face the same fate.”The Defence Minister urged all Muslim nations to immediately cut diplomatic ties with Israel, stating that Israel’s hands are stained with the blood of Palestinians and these hands must be rejected outright.https://www.youtube.com/watch?v=h_64tLn2O0I&t=362sReaffirming Pakistan’s longstanding position, he said, “Pakistan has stood firm on its stance against Israel since day one.”Khawaja Asif also called for a joint response from Muslim countries, demanding an emergency meeting of the Organisation of Islamic Cooperation (OIC) to address Israel’s attack on Iran.“Pakistan stands firmly with Iran in every way”, he added.Read More: Pakistan urges UNSC to stop Israeli aggression against IranEarlier, Pakistan called on the UN Security Council, which met in emergency session hours after Israel’s deadly air strikes against targets in Iran, to stop “this aggression immediately” and hold the aggressor accountable.“This Council must deny Israel the free hand and the impunity with which it continues to operate in defiance of international law and international opinion,” Ambassador Asim Iftikhar Ahmad, permanent representative of Pakistan to the UN, told the 15-member Council, while denouncing Tel Aviv’s “unjustified and illegitimate aggression” against Iran.“Iran has the right to self-defence under Article 51 of the UN Charter,” he said, adding that Israel’s actions in Gaza, Syria, Lebanon and Yemen “reflect a continuing pattern of unilateral militarism”.

ISLAMABAD: The Ministry of Religious Affairs confirmed that 18 Pakistani pilgrims, including 10 men and eight women, died during the Hajj 2025 in Saudi Arabia, ARY News reported.Sources from the ministry revealed that the majority of the deceased were elderly individuals, with heart attacks and other health issues as the primary causes of death.The ministry further stated that all deceased pilgrims were laid to rest in Jannatul Baqi. This year’s death toll marks a significant decrease from 2024, when 35 Pakistani pilgrims lost their lives during the hajj.It is worth mentioning here that this year, 1,673,230 pilgrims globally participated in the Hajj, with 1,506,576 international pilgrims arriving from 171 different countries.According to Saudi Arabia records, 166,654 domestic pilgrims participated Hajj this year, creating one of the most balanced gender ratios in Hajj history, with 877,841 men and 795,389 women.Read More: Hajj flight returns twice for pilgrim denied boardingSaudi officials applied comprehensive cooling strategies following last year’s tragic 1,301 death toll due to intense temperatures reaching 51.8°C (125°F).Precautions included widened darkened areas, cooling stations, and medical teams to ensure the pilgrims’ safety.Moreover, a severe restriction on illegal pilgrims led to noticeably thinner crowds and enhanced security presence at holy sites.The end of the Hajj coincides with the beginning of Eid al Adha, an annual feasting holiday marked by the slaughter of an animal, typically a goat, sheep, cow, bull or camel.The General Authority for Statistics of Saudi Arabia has confirmed that air travel was the primary means of entry for pilgrims, with a total of 1,435,017 arriving by air, while 66,465 utilized land routes, and 5,094 arrived by sea.As the Hajj 2025 repatriation process begins, authorities are dedicated to enabling a safe and efficient return for all pilgrims.

ISLAMABAD: Defence Minister Khawaja Asif termed the handing over of captured Indian pilot Abhinandan Varthaman to India as a “surrender,” ARY News reported on Saturday.Pakistan freed and handed over Abhinandan to India on 1 March 2019, two days after he was captured, when his fighter jet was shot down by the Pakistan Air Force during New Dehli's aggression against Pakistan.Speaking during a session of the National Assembly, Khawaja Asif stated that the return of Abhinandan was a blow to national dignity by the then Prime Minister Imran Khan and Army Chief General Qamar Javed Bajwa.“We captured an enemy pilot and surrendered within 24 hours. We were ashamed then, and we remain ashamed today,” he said.The defence minister further stated that the Balochistan Liberation Army (BLA) and other terrorist groups operating in Pakistan are “proxies of India” and are fighting a war on behalf of New Delhi.https://www.youtube.com/watch?v=h_64tLn2O0I“Anyone who shows sympathy for terrorists is an enemy of Pakistan,” he declared, adding that over the past two years, Pakistan has lost more than 700 soldiers to terrorist attacks.He said several districts of the province are still under the threat of terrorism, and emphasized that while political problems must be resolved politically. However, if India is behind those problems, can we ignore it, Khawaja Asif remarked. “India is our eternal enemy whether in Balochistan or elsewhere”.Read More: Abhinandan faces questions, undergoes check-up after releaseKhawaja Asif also criticized the civil bureaucracy for refusing to be appointed in Balochistan, saying that that while not a single soldier has ever requested a transfer from difficult postings such as Siachen to easier stations, the entire bureaucracy is refusing to go to Balochistan.“Just as we won the war against India, we will also win the war against terrorism,” he vowed.

ISLAMABAD: Severe heatwave conditions are likely to subside during the rainfall and dust storms predicted by the Met Office in the country.The Pakistan Meteorological Department (PMD) has forecast the arrival of a pre-monsoon weather system set to impact eastern parts of Sindh starting from Saturday evening.According to the PMD, scattered rain accompanied by gusty winds and thunderstorms are expected such as Tharparkar and Umerkot.On Sunday, similar weather conditions including strong winds and rainfall in some places likely in Ghotki, Sukkur, Khairpur, Jacobabad, Shikarpur, Mithi, Badin, Mirpur Khas, Umarkot, Thatta, Karachi and Hyderabad districts.Earlier, Met Office predicted that moist currents are penetrating in upper parts of the country, and a westerly wave is also likely to approach on 13th June.Duststorm/rainfall and isolated hailstorm expected in Kashmir, Gilgit Baltistan, Murree, Galliyat, and various districts of Khyber Pakhtunkhwa from 13th to 16th June.Rainfall also expected in Islamabad, Rawalpindi and districts of upper and central Punjab including Lahore and Balochistan's Zhob, Barkhan and Musakhel up to 16th June.Dust storm/thunder-rain is also expected in all the districts of southern Punjab during the period.

KARACHI: Another earthquake tremor of 3.2 magnitude on the Richter scale jolted Karachi's Quaidabad, Malir and Shah Faisal Colony on Saturday morning.The epicentre of the earthquake was at the distance of 12 kilometres in north of Malir, originated at a depth of 35 kilometers, according to the Seismological Center.Earthquake tremors were felt at approximately 9:53 AM on Saturday morning. The Karachi area has felt 39 low to mild tremors since of first of June.Chief Meteorologist Ameer Haider earlier stated that “the seismic energy gathered at the Landhi Fault Line activity, being released with quakes.”He said the intensity of earthquake tremors will drop gradually.Commenting on the jolts in the city official said that no damage made by the mild tremors till now. “These tremors are part of the ongoing seismic activity along the city’s active fault lines”.“Historically, no major earthquake reported on the Landhi Fault Line,” he said.Landhi and Malir areas sinking: studyA geological study conducted by experts from Singapore’s Nanyang Technological University has revealed that Karachi’s Landhi and Malir areas have sunk by nearly 15.7 centimetres between 2014 and 2020 — a rate of land subsidence ranked among the fastest in the world.The researchers said that this rate of sinking is second only to that observed in Tianjin, China.The primary causes identified include excessive extraction of groundwater and the unregulated construction of high-rise buildings.The report also highlighted that Karachi’s geographic location near the convergence point of three major tectonic plates — the Indian, Eurasian and Arabian plates — added to the city’s geological vulnerability.The experts warned that if the unchecked pumping of groundwater and construction activity continue, more areas in Karachi could face similar subsidence, and the risk of seismic activity may also rise.The study calls for immediate intervention to mitigate the threat and suggested that the installation of seawater desalination plants to reduce reliance on underground water sources and the enforcement of restrictions on the construction of highrise buildings in the affected zones.Earlier, the reports had emerged that coastal areas of Sindh including Badin and Thatta could sink into the sea within a period of 30 years. A Senate body on science and technology had briefed the lawmakers back in 2015.

UNITED NATIONS: Pakistan has called on the UN Security Council, which met in emergency session hours after Israel’s deadly air strikes against targets in Iran, to stop “this aggression immediately” and hold the aggressor accountable.“This Council must deny Israel the free hand and the impunity with which it continues to operate in defiance of international law and international opinion,” Ambassador Asim Iftikhar Ahmad, permanent representative of Pakistan to the UN, told the 15-member Council, while denouncing Tel Aviv’s “unjustified and illegitimate aggression” against Iran.“Iran has the right to self-defence under Article 51 of the UN Charter,” he said, adding that Israel’s actions in Gaza, Syria, Lebanon and Yemen “reflect a continuing pattern of unilateral militarism”.During the debate, the Council’s members largely agreed — that de-escalation and diplomacy are imperative to avoid further strain in a region already groaning under the weight of compounding conflict.Read More: Israel’s attacks on Iran hint at a bigger goal: regime changeIran’s Foreign Minister Abbas Araghchi requested the Security Council meeting, saying Israel “has now crossed every red line, and the international community must not allow these crimes to go unpunished.Among those supporting the request for the Council meeting were Pakistan, China and Russia.Briefing the Security Council, Rosemary DiCarlo, UN Under-Secretary-General for political affairs told the Council that the repercussions of the attacks were already reverberating.“I reaffirm the (UN) Secretary-General’s condemnation of any military escalation in the Middle East,” she said, urging both Israel and Iran to exercise maximum restraint and “avoid at all costs a descent into deeper and wider regional conflict”.She also noted that the military escalation came just as “some significant diplomatic developments” were unfolding, including the planned resumption of United States-Iranian talks in Oman at the weekend. Latest reports indicate that Iran will no longer attend. Ms. DiCarlo urged parties to stay the diplomatic course.In his remarks, Ambassador Asim Iftikhar, the Pakistani envoy, underscored that Israel’s “blatant provocations” pose a grave threat to regional peace and stability. Pakistan, as an immediate neighbour of Iran, is therefore seriously concerned.“The fact that these attacks against Iran have happened in the middle of a negotiations process aimed at finding a peaceful diplomatic solution to the Iranian nuclear issue makes it all the more morally repugnant and against international norms,” he added.“These actions risk eroding the trust and sanctity of the negotiations process so crucial for the peaceful settlement of these issues,” the Pakistani envoy stressed.He reaffirmed Pakistan’s support for the resolution of the Iran nuclear issue through peaceful means, diplomatic engagement and sustained dialogue.“The illegal use of force against Iran and the ensuing situation are likely to frustrate the ongoing diplomatic efforts and could destabilize a region that is already under very severe stress,” Ambassador Asim Iftikhar said. “The ongoing diplomatic contacts to reach a negotiated deal, and other endeavors to promote regional peace and security must not be allowed to be upended.”Pakistan called on all parties to fulfill their respective obligations and responsibilities and avoid escalation, saying, “Even in these testing times, diplomatic engagement and dialogue must be prioritized.”Next week, the UN membership was to come together, to express its will, to chart the path for the Palestinian state, as part of the two-state solution, that could usher in the long-awaited just and durable peace in the Middle East, he said, referring to the conference convened by France and Saudi Arabia.“Israel’s reckless and irresponsible behavior cannot be allowed to jeopardize the efforts for peace, endanger the stability of the entire region and risk wider escalation threatening global peace and security,” Ambassador Asim Iftikhar added..Speaking for the United States, McCoy Pitt, a senior State Department official, accused Iran of having launched “unprovoked, direct and proxy attacks” against Israeli civilians and of spreading of terror, instability and human suffering in the region.“As President (Donald) Trump has repeatedly said this dangerous regime cannot be allowed to have nuclear weapons,” he said.Pitt noted that the US had been informed of the Israeli strikes in advance but was not militarily involved.“Our absolute, foremost priority is the protection of US citizens, personnel and forces in the region,” he said.He further said that the US will continue to seek a diplomatic resolution that ensures Iran will never acquire a nuclear weapon or pose a threat to instability in the Middle East.“Iran’s leadership will be wise to negotiate at this time,” he said.Iranian Ambassador Amir Saeid Iravani told the Security Council he was addressing the body on behalf of his government and people “with the utmost urgency and grave alarm.”“We strongly and unequivocally condemn the barbaric and criminal attack, a series of targeted assassinations against senior military officials, nuclear scientists and innocent civilians,” he said.“These deliberate and systematic killings were not only illegal and inhuman, a chilling display of calculated aggression. These atrocities constitute a clear act of State terrorism and flagrant violation of international law,” the Iranian envoy added.He said Israel’s attacks on protected nuclear facilities defied not only the fundamental principles of international law but also “common conscience,” warning that damage to such sites could release catastrophic radiological consequences across the region and beyond.“Only a regime devoid of humanity and responsibility would endanger millions of lives in pursuit of its destructive ambitions,” Iravani said.“Those who support this regime, with the United States at the forefront, must understand that they are complicit. By aiding and enabling these crimes, they share full responsibility for the consequences.”

KARACHI: Jamiat Ulema-e-Islam (JUI-F) chief Maulana Fazlur Rehman has rejected the recent Budget 2025-26, stating that imposing multiple taxes does not make a budget admirable, ARY News reported.Maulana Fazlur Rehman disapproved of the unnecessary taxation policies. He emphasised the need for economic reforms in Pakistan, highlighting that the country must learn from the GDP growth of other countries like China, India, and Bangladesh.While speaking to the media at a press conference in Karachi, Maulana Fazlur Rehman expressed worries over the economic recession of Pakistan, stating, “The world is progressing, but we are facing regression.Maulana Fazlur Rehman questioned, “Have we ever truly reflected on our national situation?” He lamented that accountability within the country is primarily confined to a specific social class, while the overarching economic system continues to exhibit significant flaws.The JUI-F leader emphasised that Economic reforms in Pakistan should prioritise the well-being of the common man.Read More: KP Budget 2025-26 at a glanceHe stressed that governance should be based on policies that uplift the poor rather than burden them with excessive taxation. He recalled that in the past, tax-free budgets were considered commendable, but the current approach has led to financial instability.Maulana Fazlur Rehman mentioned that Pakistan holds crucial importance as a hub of international commerce. However, he blamed foreign powers, including the United States, for keeping a close watch on the resources of Pakistan. He urged international stakeholders to respect Pakistan’s economic interests and sovereignty.The JUI-F leader expressed criticism towards the current leadership, arguing that individuals with strong ideological beliefs are marginalised, while a specific faction continues to take advantage of the nation's resources. He emphasised that genuine change can only be realised through a robust ideological framework.Maulana Fazlur Rehman's statements regarding economic reforms in Pakistan come at a time when Pakistan is facing significant financial challenges, including rising inflation, concerns about taxation, and a downturn in GDP growth. His advocacy for economic reforms in Pakistan aligns with the increasing calls for policy adjustments that prioritise national development and ensure financial stability.

BRUSSELS: Pakistan People’s Party (PPP) Chairman Bilawal Bhutto has restated that the Kashmir dispute resolution is important to regional peace, requesting the United Nations to execute its mandates on the issue, ARY News reported. In Brussels, while speaking at a European think tank, Bilawal Bhutto emphasised that India has consistently ignored international resolutions, misrepresenting Kashmir as an internal issue.Bilawal Bhutto highlighted that India-Pakistan tensions will remain unsolvable without addressing the Kashmir dispute resolution, cautioning that ignoring the concern promotes terrorism.The PPP Chairman condemned India for funding terrorism in Pakistan, indicating suspected evidence of Indian proxies which are operational in Balochistan.Bilawal Bhutto also criticised Indian Prime Minister Narendra Modi, affirming that his administration has labelled Indian Muslims as terrorists under the pretext of counterterrorism. He condemned Hindutva extravagance, declaring that it supports regional instability and violence.Bilawal Bhutto further mentioned that Pakistan has stopped communications that are linked with terrorist attacks within its borders to Indian sources.Bilawal Bhutto also warned that if India commits any future aggression, it would lead to a stronger counterblast from Pakistan.The PPP Chairman urged the global community to interfere diplomatically, emphasising that Kashmir dispute resolution remains the foundation for a sustainable peace to a durable peace.Read More: Stopping water to be considered an act of war, Bilawal warns IndiaEarlier, Pakistan People’s Party Chairman Bilawal Bhutto Zardari said if India attempts to cut off Pakistan’s water supply, it could lead to serious consequences.“If India blocks our water, war will be inevitable,” Bilawal Bhutto Zardari cautioned Modi government during an interview with BBC.The PPP chairman asserted that Pakistan’s position on key issues is “truthful and robust.” He said Pakistan’s efforts in the fight against terrorism are recognized and acknowledged in the United States.Bilawal stated, “The U.S. is well aware of how we deal with terrorist groups.” The former FM further added that the U.S. has observed up close how Pakistan has taken action against all extremist groups.

ISLAMABAD: Deputy Prime Minister and Foreign Minister (FM) Senator Ishaq Dar held a telephone conversation with his Iranian counterpart, Seyed Abbas Araghchi and reaffirmed Pakistan’s support for the brotherly country after Israel’s aggression. According to a statement issued by the Ministry of Foreign Affairs, Ishaq Dar expressed solidarity with the government and people of Iran. The deputy prime minister condemned the recent Israeli aggression, describing the attacks on Iran as a clear violation of international laws.He expressed deep sorrow over the loss of precious lives in the Israeli strikes and reiterated Pakistan’s support for Iran’s efforts to promote peace and stability in the regionDuring the call, the two foreign ministers exchanged views on the current regional dynamics.Ishaq Dar, in a conversation with the Iranian FM, emphasized Pakistan’s strong condemnation of Israeli aggression and highlighted the need to uphold international legal standards.Earlier in the day, Pakistan strongly condemned unjustified and illegitimate aggression by Israel against the Islamic Republic of Iran. The Israeli military strikes violate the sovereignty and territorial integrity of the Islamic Republic of Iran and clearly contravene the UN Charter and fundamental principles of international law.Read More: LIVE: Israel strikes Iran nuclear facilities, missile factories, Tehran retaliates"Iran has the right to self-defence under Article 51 of the UN Charter," the Foreign Office said."Pakistan stands in resolute solidarity with the people of Iran and unequivocally denounces these blatant provocations, which constitute a grave danger and a serious threat to the peace, security, and stability of the entire region and beyond, with serious implications."It added that the international community and the United Nations bear responsibility to uphold international law, stop this aggression immediately and hold the aggressor accountable for its actions.

PESHAWAR: The Khyber Pakhtunkhwa (KP) government announced 10 and seven percent increase in salaries and pension respectively of its employees in the Rs 2,119 billion surplus budget for the fiscal year 2025-26 presented on Friday.Khyber Pakhtunkhwa Finance Minister Aftab Alam presented the budget with ‘no new tax’ and said that the estimated annual expenditures for the new fiscal year 2025-26 would be Rs 1962 billion with a surplus of Rs157 billion.Giving the break-up, the finance minister said that provincial government is expecting to get Rs 292.340 billion from the federal government for the merged tribal districts including Rs 80 billion current budget grant, Rs 39.600 annual development program, Rs 50 billion under AIP, Rs 42.740 billion as their share from other provinces and Rs 17 billion for TDPs.Aftab Alam said that Rs 3.293 billion would be received from PSDP, Rs 1506.92 billion from the federal receipts, Rs129 billion provincial owns receipts and Rs10.250 other receipts, Rs 291.340mn from merged districts receipts and Rs177.188 from federal projects assistance.Read More: KP Budget 2025-26 at a glanceThe minister said said that Rs137.912 would be collected through one percent of the divisible pool on war on terror, Rs. 57.115 billion as straight transfer under the head of gas and oil royalty, Rs 58.151 billion as windfall levy on oil, Rs 34.580 as net hydel profit current year and Rs71.410 as net hydel profit arrears.Education Budget Increased by 11pc’Aftab Alam declared a special education emergency to improve literacy rates and reduce out-of-school children, with Rs. 5 billion earmarked for this critical initiative.He said that in the budget 2025-26, the provincial government has also prioritised upgrading infrastructure in 32,500 public schools, allocating Rs. 5.9 billion for essential facilities, classroom repairs, educational materials, and co-curricular activities including sports and training programs.He said that these measures reflect the province’s commitment to transforming its education sector through both increased funding and targeted reforms. The enhanced budget aims to address systemic challenges while creating better learning environments for students across KP.HealthUp by 19 percent, the health budget for fiscal year 2025-26 includes Rs. 11.9 billion for medicines, Rs. 909.2 million for cancer treatment, Rs. 912 million for polio eradication, and expansion of the Sehat Card Plus program to cover liver, kidney, and bone marrow transplants, plus cochlear implants.Energy & PowerThe KP government also proposed the allocation of Rs. 29.6 billion in the budet 2025-26 which it said supports projects like the 84MW Gorkin-Matiltan Hydropower Project (Rs. 1 billion) and solarization of worship places (Rs. 664 million).Transport & Mass TransitThe finance minister announced Rs. 10 Billion for BRT operations (Rs. 4 billion) and procures new buses (Rs. 4 billion) to improve urban connectivity in PeshawarIrrigationIn the KP budget 2025-26, Rs. 45.5 billion are proposed to be allocated for water management projects to enhance agricultural productivity and resilience in settled and merged districts.‘No New Tax’He said that no new tax has been imposed in the budget 2025-26 rather tax net base has been enhanced with Rs 83.500 billion tax receipts and Rs45.500 billion non tax receipt for the new fiscal year.Similarly in the budget 2025-26, the other receipts of Rs 10.25 billion would include capital receipts of Rs 0.250 billion and Rs10 billion other ways and means and Rs1147.761 billion as federal tax assignment. Budget 2025-26- All Stories

ISLAMABAD: Prime Minister Muhammad Shehbaz Sharif has instructed all concerned officials to ensure the unharmed return and protection of Pakistani pilgrims in Iran at the moment. Prime Minister Shehbaz Sharif has highlighted that prompt and efficient measures must be taken to ensure the protection of all Pakistani pilgrims in Iran.Shehbaz Sharif has directed the Ministry of Foreign Affairs and the Pakistani diplomatic mission in Iran to be vigilant until the situation stabilises.As a result of the intensifying regional situation, a Crisis Management Cell has been established at the Ministry of Foreign Affairs to monitor developments and coordinate assistance efforts.Instructions have been given to the Pakistani Embassy in Iran to remain alert and advocate for Pakistani pilgrims in Iran.Authorities have estimated the presence of approximately 5,000 Pakistani pilgrims currently in Iran, with many not in immediate contact with embassies or consulates.The officials have recommended that pilgrims reconsider travel plans to Iran and Iraq due to security issues.Read More: Iran appoints new army chief, IRGC commander amid ongoing Israeli strikesThe situation in Iran has intensified significantly following extensive airstrikes carried out by Israel, which targeted main installations such as nuclear facilities, ballistic missile manufacturing sites, and military leadership.In response, Iran has officially called for an emergency meeting of the United Nations Security Council, urging prompt and decisive actions against what it terms Israel's military aggression.Reports indicate that around 200 Israeli fighter jets have conducted strikes on more than 100 locations across Iran, including the Natanz nuclear facility.The Iranian Revolutionary Guards Corps has confirmed the assassination of Hossein Salami, a prominent military commander, while several civilian casualties, including children, have been reported in Tehran.United Nations Secretary-General António Guterres has called for maximum restraint to prevent further escalation of the conflict.Simultaneously, leaders from Europe, including those from Germany, France, and the United Kingdom, have convened to discuss the crisis, underscoring the need for diplomatic intervention.Pakistan is actively monitoring the evolving situation and is committed to providing necessary support and assistance to Pakistani pilgrims in Iran during this critical period.

Peshawar, June 13, 2025 – The Government of Khyber Pakhtunkhwa (KP), led by Pakistan Tehreek-e-Insaf (PTI), presented its annual budget for the fiscal year 2025-26 today while maintaining a projected surplus of Rs. 157 billion.Presenting the annual budget, Finance Minister KP Aftab Alam said that the estimated annual expenditures for the new fiscal year would be Rs 1962 billion with a surplus of Rs157 billion.He said that the budget presentation highlighted KP’s achievement of delivering the highest budgetary surplus among Pakistan’s provinces in the outgoing fiscal year, despite challenges like underfunding of merged districts and delayed Net Hydel Profit (NHP) payments.The Annual Development Programme (ADP) soared to a historic Rs. 195 billion, a 62% increase, making it the largest developmental portfolio in the province’s history. The budget allocates significant funds to priority sectors, aiming to enhance service delivery, create jobs, and empower marginalized communities. Major Budget Allocations for 2025-26 Below are the key allocations with brief descriptions, showcasing the government’s focus on education, health, social protection, and infrastructure: Elementary & Secondary Education: Rs. 363.4 Billion The largest allocation, with a 14% increase, targets education reforms, including Rs. 5 billion to enroll out-of-school children, Rs. 2.1 billion for girls’ community schools, Rs. 8.5 billion for free textbooks and school bags, and Rs. 2.5 billion for school reconstruction. Health: Rs. 276.5 Billion Up by 19%, this includes Rs. 11.9 billion for medicines, Rs. 909.2 million for cancer treatment, Rs. 912 million for polio eradication, and expansion of the Sehat Card Plus program to cover liver, kidney, and bone marrow transplants, plus cochlear implants. Home & Tribal Affairs: Rs. 172.7 Billion Funds enhanced allowances and Shuhada packages for KP Police, alongside security measures in merged districts, reflecting the province’s focus on stability and law enforcement. Communication & Works: Rs. 122.8 Billion Supports infrastructure development, including Rs. 4.6 billion for road maintenance and Rs. 7.8 billion for road construction across divisions like Peshawar, Malakand, Hazara, and Mardan. Debt Servicing: Rs. 98.3 Billion Allocated to manage KP’s foreign loans (Rs. 723.2 billion outstanding), with Rs. 150 billion in a Debt Management Fund to ensure sustainable repayments at low interest rates (2-4%). Planning & Development: Rs. 78.2 Billion Drives the record ADP, funding new schemes for job creation, regional development, and economic growth, particularly in merged districts. Local Government: Rs. 56.2 Billion Includes Rs. 15.2 billion in grants to local councils and Rs. 45.6 billion for district-level ADP, empowering local bodies as per the Local Government Act. Higher Education, Archives & Libraries: Rs. 49.7 Billion Up by 14%, with Rs. 10 billion for public sector universities and Rs. 1.4 billion for new government colleges, boosting higher education access. Irrigation: Rs. 45.5 Billion Funds water management projects to enhance agricultural productivity and resilience in settled and merged districts. District ADP: Rs. 45.6 Billion Earmarks 20% of funds for local bodies, supporting grassroots development in settled (Rs. 39 billion) and merged districts (Rs. 6.6 billion). Revenue & Estate: Rs. 36.1 Billion Strengthens land administration and revenue collection, targeting a 38% growth in own-source revenue without raising taxes on citizens. Public Health Engineering: Rs. 32 Billion Includes Rs. 6.6 billion for water supply schemes and sanitation reforms, with regional allocations like Rs. 1.3 billion for northern districts and Rs. 725 million for merged districts. Energy & Power: Rs. 29.6 Billion Supports projects like the 84MW Gorkin-Matiltan Hydropower Project (Rs. 1 billion) and solarization of worship places (Rs. 664 million). Agriculture: Rs. 26.1 Billion Allocates Rs. 330 million for locust control and Rs. 500 million for agricultural reforms to boost food security. Social Welfare: Rs. 19.2 Billion Up by 135%, funds initiatives like Rs. 1.2 billion for a Center of Excellence for autistic children and Rs. 675 million for Panagahs (shelters). Livestock & Dairy Development: Rs. 17.4 Billion Includes Rs. 630 million for vaccines and Rs. 300 million for fisheries in merged districts to enhance meat and milk production. Transport & Mass Transit: Rs. 10 Billion Subsidizes BRT operations (Rs. 4 billion) and procures new buses (Rs. 4 billion) to improve urban connectivity in Peshawar. The budget also emphasizes youth empowerment through Rs. 1.5 billion for the Ehsaas Naujawan Program, environmental sustainability with Rs. 454 million for climate change projects, and tourism development with Rs. 894 million for roads to tourist areas. Despite challenges like inconsistent NHP payments and underfunded merged districts, KP’s budget balances fiscal responsibility with ambitious social and economic goals, aiming to transform the province into a model of inclusive growth. Budget 2025-26- All Stories