Author name: Yasir Zubairi

ISLAMABAD — The price of gold in Pakistan has seen a substantial increase, with the cost per tola rising by Rs 13,700 in the local exchange markets. This surge, recorded on Thursday, reflects significant fluctuations in the precious metals market, impacting both gold and silver prices across the country. What Happened The local bullion markets in Pakistan have reported a historic rise in the prices of gold and silver. The price of one tola of gold has surged by Rs 13,700, marking a significant increase that has caught the attention of investors and market analysts alike. Similarly, the price of silver has also experienced an upward trend, rising by Rs 369 per tola. Market experts attribute this sharp increase to a combination of factors, including international market trends, currency fluctuations, and domestic demand dynamics. The gold market is particularly sensitive to global economic indicators, and recent geopolitical tensions have contributed to the volatility in prices. According to a local bullion dealer, “The increase in gold prices is largely driven by international market conditions and the depreciation of the Pakistani rupee against the US dollar.” This sentiment is echoed by other market participants who note that gold prices are often influenced by external economic factors beyond local control. Background Historically, gold has been a preferred investment in Pakistan, often seen as a safe haven during times of economic uncertainty. The country’s gold market is heavily influenced by global trends, with prices fluctuating in response to international events and currency exchange rates. In recent years, the Pakistani rupee has experienced depreciation against major currencies, further impacting the cost of imported goods, including gold. Additionally, geopolitical tensions and economic policies have played a role in shaping the market dynamics for precious metals. The local demand for gold, driven by cultural and economic factors, also contributes to price changes. Gold is traditionally used in weddings and other cultural ceremonies, maintaining a steady demand even during periods of price volatility. Why It Matters The significant rise in gold prices has several implications for the Pakistani economy and its citizens. For investors, the increase represents both an opportunity and a challenge. While higher prices can lead to increased returns for those holding gold, they also pose a barrier to new investors looking to enter the market. For the average consumer, the rise in gold prices may affect purchasing power, particularly for those planning weddings or other events where gold is traditionally exchanged. This could lead to adjustments in consumer behavior, with some opting for alternative investments or reducing the quantity of gold purchased. On a broader scale, the increase in gold prices can impact inflation rates, as higher costs for precious metals can contribute to overall price increases in the economy. This, in turn, may influence monetary policy decisions by the State Bank of Pakistan, as it seeks to balance inflation control with economic growth. Internationally, the rise in gold prices highlights the interconnectedness of global markets and the impact of geopolitical events on local economies. As Pakistan navigates these challenges, the government and financial institutions may need to implement measures to stabilize the currency and manage inflationary pressures. Key Takeaways The price of gold per tola in Pakistan has increased by Rs 13,700. Silver prices have also risen, with an increase of Rs 369 per tola. International market trends and currency fluctuations are key factors driving the price surge. The rise in prices impacts both investors and consumers, influencing purchasing decisions and economic behavior. Monetary policy adjustments may be necessary to address inflationary pressures resulting from increased gold prices. Source Attribution This article is based on official government statements, press releases, and public communications from relevant authorities. Author: NEN Editorial Desk | Editor: NEN Newsroom | Fact Checked By: NEN Editorial Team Author: NEN Editorial Desk  |  Editor: NEN Newsroom  |  Last Updated: August 21, 2026  |  Source: NEN Reporter This article was produced by the NEN Editorial Desk in accordance with NEN Agency’s Editorial Policy and Fact-Checking Policy.

ISLAMABAD — Pakistan has launched an intensified national initiative to tackle malnutrition and micronutrient deficiencies, as announced by Federal Minister for National Food Security and Research Rana Tanveer Hussain on Thursday. The government aims to enhance nutrition outcomes through coordinated efforts between federal and provincial authorities. What Happened In a recent statement, Federal Minister Rana Tanveer Hussain highlighted the critical need for a unified approach to combat malnutrition and nutrient deficiencies across Pakistan. He stressed that improving the nutritional status of the population requires a concerted effort involving both federal and provincial governments. The minister’s remarks underscore the government’s commitment to addressing these pressing health issues that affect millions of Pakistanis. The initiative aims to implement comprehensive strategies to improve dietary intake and address the root causes of malnutrition. This includes increasing access to nutritious food, enhancing public awareness about healthy eating habits, and ensuring the availability of essential vitamins and minerals. The government plans to collaborate with international organizations, non-governmental organizations, and the private sector to amplify the impact of these efforts. Minister Hussain stated, “It is imperative that we work together to ensure that every citizen has access to the nutrients they need for a healthy life. This requires strong coordination and commitment from all levels of government.” The initiative will also focus on vulnerable populations, including children and women, who are disproportionately affected by malnutrition. Background Malnutrition has been a persistent issue in Pakistan, with significant implications for public health and economic development. According to the Global Nutrition Report, Pakistan ranks among the countries with the highest rates of malnutrition, affecting nearly 40% of children under five years of age. The prevalence of stunting, wasting, and micronutrient deficiencies such as iron and vitamin A is alarmingly high. Previous efforts to address malnutrition in Pakistan have included various government programs and international aid initiatives. However, challenges such as inadequate funding, lack of infrastructure, and insufficient coordination among stakeholders have hindered progress. The current initiative seeks to overcome these barriers by fostering greater collaboration and resource allocation. Why It Matters The intensified focus on combating malnutrition and nutrient deficiencies is crucial for Pakistan’s future. Malnutrition not only affects individual health but also has broader social and economic implications. Children who suffer from malnutrition are at risk of impaired cognitive development, reduced educational attainment, and lower productivity in adulthood. This, in turn, affects the country’s human capital and economic growth potential. By addressing malnutrition, Pakistan can improve health outcomes, reduce healthcare costs, and enhance the quality of life for its citizens. Moreover, tackling nutrient deficiencies can prevent a range of health issues, including anemia, weakened immune systems, and increased susceptibility to infections. The initiative also aligns with Pakistan’s commitment to achieving the United Nations Sustainable Development Goals, particularly Goal 2, which aims to end hunger and improve nutrition by 2030. Internationally, Pakistan’s efforts to combat malnutrition can serve as a model for other developing countries facing similar challenges. By demonstrating effective strategies and fostering partnerships, Pakistan can contribute to global efforts to eradicate malnutrition and promote health and well-being. Key Takeaways Pakistan has launched a national initiative to combat malnutrition and nutrient deficiencies, emphasizing coordination between federal and provincial governments. The initiative aims to improve dietary intake, increase access to nutritious food, and focus on vulnerable populations such as children and women. Malnutrition affects nearly 40% of children under five in Pakistan, with significant implications for public health and economic development. Addressing malnutrition can improve health outcomes, reduce healthcare costs, and enhance the country’s human capital. The initiative aligns with Pakistan’s commitment to the United Nations Sustainable Development Goals, particularly Goal 2. Source Attribution This article is based on official government statements, press releases, and public communications from relevant authorities. Author: NEN Editorial Desk | Editor: NEN Newsroom | Fact Checked By: NEN Editorial Team Author: NEN Editorial Desk  |  Editor: NEN Newsroom  |  Last Updated: August 21, 2026  |  Source: NEN Reporter This article was produced by the NEN Editorial Desk in accordance with NEN Agency’s Editorial Policy and Fact-Checking Policy.

LAHORE — A local vendor in Lahore is capturing the attention of customers with his intricately crafted wooden bird nests, displayed prominently outside a plant nursery. The vendor aims to attract nature enthusiasts and garden lovers by offering these unique, handmade products as a way to enhance their outdoor spaces. What Happened On August 20, in the bustling city of Lahore, a vendor set up an eye-catching display of handmade wooden bird nests outside a popular plant nursery. These nests, crafted with precision and care, are designed to provide a natural and aesthetically pleasing addition to gardens and outdoor areas. The vendor, who has been in the business of crafting wooden items for several years, sees this as an opportunity to cater to the growing interest in eco-friendly and sustainable garden products. According to the vendor, the bird nests are made from locally sourced wood, ensuring that each piece is unique and environmentally friendly. “I wanted to create something that not only serves a functional purpose but also adds beauty to people’s gardens,” the vendor explained. “Birds are an essential part of our ecosystem, and these nests provide them with a safe place to live and thrive.” The display has attracted a steady stream of customers who are drawn to the craftsmanship and the ecological benefits of the nests. Many visitors to the nursery have expressed interest in purchasing the nests, not only for their gardens but also as gifts for friends and family who appreciate nature and wildlife. Background Lahore, known for its rich cultural heritage and vibrant markets, has seen a growing trend towards sustainable and eco-friendly products. In recent years, there has been an increased awareness of the importance of biodiversity and the role that urban gardens and green spaces play in supporting local wildlife. This shift in consumer preferences has led to a rise in demand for products that are both functional and environmentally conscious. The concept of using handmade wooden bird nests is not new, but it has gained popularity as more people seek to create harmonious and sustainable environments in their homes and gardens. The use of natural materials and traditional crafting techniques aligns with the broader movement towards sustainability and conservation. Why It Matters The initiative by the Lahore vendor to promote handmade wooden bird nests is significant in several ways. Economically, it supports local artisans and craftsmen by providing them with a platform to showcase their skills and products. This not only boosts their income but also encourages the preservation of traditional crafting techniques that might otherwise be lost. Socially, the availability of these bird nests encourages community members to engage with nature and take an active role in conservation efforts. By providing habitats for birds, residents contribute to the preservation of local biodiversity and help maintain ecological balance. This is particularly important in urban areas where natural habitats are often limited. Furthermore, the initiative aligns with global environmental goals by promoting the use of sustainable materials and reducing reliance on mass-produced, non-biodegradable products. As awareness of environmental issues continues to grow, initiatives like this one play a crucial role in fostering a culture of sustainability and responsible consumption. Key Takeaways A Lahore vendor is attracting customers with handmade wooden bird nests displayed at a plant nursery. The nests are crafted from locally sourced wood, emphasizing eco-friendliness and sustainability. This initiative supports local artisans and promotes traditional crafting techniques. The bird nests encourage urban residents to engage in conservation efforts and support local biodiversity. Such initiatives align with global environmental goals by promoting sustainable materials and responsible consumption. Source Attribution This article is based on official government statements, press releases, and public communications from relevant authorities. Author: NEN Editorial Desk | Editor: NEN Newsroom | Fact Checked By: NEN Editorial Team Author: NEN Editorial Desk  |  Editor: NEN Newsroom  |  Last Updated: August 21, 2026  |  Source: Press Release from Ministry of Commerce This article was produced by the NEN Editorial Desk in accordance with NEN Agency’s Editorial Policy and Fact-Checking Policy.

ISLAMABAD — Federal Minister for Board of Investment (BOI), Qaiser Ahmed Sheikh, held a meeting with Zehra Zümrüt Selçuk, Director General of the Statistical, Economic and Social Research and Training Centre for Islamic Countries (SESRIC), on August 20 in Islamabad. The meeting focused on enhancing cooperation in statistical and economic research among Islamic countries. What Happened The meeting between Minister Qaiser Ahmed Sheikh and Director General Zehra Zümrüt Selçuk took place in the capital, where both parties discussed avenues for collaboration in economic research and training. The discussions aimed at leveraging SESRIC’s expertise to bolster Pakistan’s economic data analytics and research capabilities. The BOI minister emphasized the importance of data-driven decision-making in fostering economic growth and attracting foreign investment. Minister Sheikh highlighted Pakistan’s commitment to improving its investment climate and expressed interest in SESRIC’s support in developing robust statistical frameworks. “Our goal is to create a conducive environment for investors by ensuring transparency and reliability in economic data,” Sheikh stated. He further noted that SESRIC’s role in providing technical assistance and training could significantly enhance the capacity of Pakistani institutions. Director General Selçuk acknowledged Pakistan’s efforts and expressed SESRIC’s readiness to assist in various research and training initiatives. “SESRIC is committed to supporting member countries in achieving sustainable economic development through enhanced statistical and research capabilities,” she said. The meeting concluded with both sides agreeing to explore specific projects and initiatives that could be undertaken in the near future. Background SESRIC, established in 1977, serves as a subsidiary organ of the Organisation of Islamic Cooperation (OIC). It is responsible for collecting and disseminating socio-economic statistics and providing training to member states. Pakistan has been an active member of the OIC and has engaged with SESRIC on multiple fronts to enhance its economic research and statistical capacities. In recent years, Pakistan has focused on improving its investment climate to attract foreign direct investment (FDI). The Board of Investment plays a crucial role in this regard, facilitating investors and promoting Pakistan as a viable investment destination. Collaborations with international organizations like SESRIC are part of Pakistan’s broader strategy to align with global standards and practices in economic research and data management. Why It Matters The meeting between Pakistan’s BOI and SESRIC is significant as it underscores the country’s commitment to strengthening its economic research capabilities. In an era where data-driven policies are pivotal, enhancing statistical frameworks can lead to more informed decision-making and policy formulation. This, in turn, can foster a more stable and attractive investment environment. For Pakistan, improving its statistical and economic research infrastructure is crucial for several reasons. Firstly, it can help in accurately assessing the economic landscape, identifying growth opportunities, and addressing challenges. Secondly, reliable data is essential for building investor confidence, as it provides a transparent view of the market dynamics. Lastly, collaboration with SESRIC can facilitate knowledge exchange and capacity building, enabling Pakistan to adopt best practices from other OIC member countries. On a broader scale, strengthening ties with SESRIC aligns with Pakistan’s foreign policy goals of enhancing cooperation with Islamic countries. By leveraging SESRIC’s expertise, Pakistan can not only improve its domestic economic policies but also contribute to regional economic integration and development. Key Takeaways Federal Minister Qaiser Ahmed Sheikh met with SESRIC Director General Zehra Zümrüt Selçuk to discuss economic research collaboration. The meeting aimed at leveraging SESRIC’s expertise to enhance Pakistan’s statistical and economic research capabilities. Improving statistical frameworks is crucial for fostering a transparent and attractive investment climate in Pakistan. Collaboration with SESRIC supports Pakistan’s broader strategy of aligning with global economic research standards. Strengthening ties with SESRIC aligns with Pakistan’s foreign policy goals of enhancing cooperation with Islamic countries. Source Attribution This article is based on official government statements, press releases, and public communications from relevant authorities. Author: NEN Editorial Desk | Editor: NEN Newsroom | Fact Checked By: NEN Editorial Team Author: NEN Editorial Desk  |  Editor: NEN Newsroom  |  Last Updated: August 21, 2026  |  Source: Press Release from Finance Division This article was produced by the NEN Editorial Desk in accordance with NEN Agency’s Editorial Policy and Fact-Checking Policy.

ISLAMABAD — Pakistan is actively pursuing a full dialogue partnership with the Association of Southeast Asian Nations (ASEAN), Federal Minister for Cultural Heritage Aurangzeb Khichi announced on Thursday. The move is part of Pakistan’s broader strategy to enhance trade, investment, and economic cooperation with ASEAN member states. What Happened During a ceremony in Islamabad, Minister Aurangzeb Khichi emphasized Pakistan’s commitment to forging stronger ties with ASEAN. He stated, “Pakistan aspires to become a full dialogue partner of ASEAN to unlock new opportunities in trade, investment, and economic cooperation.” This announcement underscores Pakistan’s strategic interest in deepening its engagement with Southeast Asia, a region known for its dynamic economic growth and significant geopolitical influence. The minister highlighted the potential benefits of such a partnership, including increased market access for Pakistani goods and services, enhanced bilateral trade, and collaboration in various sectors such as technology, education, and cultural exchange. Khichi also pointed out that ASEAN’s collective economic strength presents a valuable opportunity for Pakistan to diversify its trade partners and reduce reliance on traditional markets. Khichi’s remarks come at a time when Pakistan is seeking to expand its economic horizons and integrate more closely with regional economies. The pursuit of a full dialogue partnership with ASEAN is seen as a strategic move to align with the economic dynamism of Southeast Asia, which is home to some of the world’s fastest-growing economies. Background ASEAN, established in 1967, is a regional organization comprising 10 Southeast Asian countries, including Indonesia, Malaysia, the Philippines, Singapore, and Thailand. It aims to promote economic growth, cultural exchange, and political stability in the region. Pakistan has been an ASEAN Sectoral Dialogue Partner since 1993, which allows it to engage with ASEAN on specific issues of mutual interest. Over the years, Pakistan has sought to elevate its status within ASEAN to a full dialogue partner, a designation that would enable more comprehensive cooperation across a broader range of sectors. Full dialogue partners of ASEAN include countries like China, Japan, and India, which have established extensive economic and strategic ties with the region. Why It Matters The pursuit of a full dialogue partnership with ASEAN is significant for Pakistan’s economic and geopolitical strategy. As Pakistan faces economic challenges, including a trade deficit and the need for foreign investment, closer ties with ASEAN could provide a much-needed boost to its economy. The ASEAN region, with a combined GDP of over $3 trillion, offers vast opportunities for trade and investment that could help Pakistan diversify its economic partnerships. Moreover, a full dialogue partnership with ASEAN would enhance Pakistan’s geopolitical standing in the Asia-Pacific region. It would allow Pakistan to participate more actively in regional discussions on economic and security issues, thereby increasing its influence in a strategically important area. This could also lead to greater collaboration in addressing regional challenges such as climate change, terrorism, and maritime security. For ASEAN, strengthening ties with Pakistan could provide access to a market of over 220 million people and a gateway to South Asia. It would also support ASEAN’s goal of expanding its partnerships beyond its immediate neighborhood, thereby enhancing its global reach and influence. Key Takeaways Pakistan is seeking a full dialogue partnership with ASEAN to enhance trade and economic cooperation. Minister Aurangzeb Khichi emphasized the potential benefits of increased market access and bilateral trade. ASEAN is a key regional organization with significant economic and geopolitical influence. Closer ties with ASEAN could boost Pakistan’s economy and geopolitical standing. The partnership would benefit ASEAN by providing access to Pakistan’s large market and strategic location. Source Attribution This article is based on official government statements and public communications from relevant authorities. Author: NEN Editorial Desk | Editor: NEN Newsroom | Fact Checked By: NEN Editorial Team Author: NEN Editorial Desk  |  Editor: NEN Newsroom  |  Last Updated: August 21, 2026  |  Source: NEN Reporter This article was produced by the NEN Editorial Desk in accordance with NEN Agency’s Editorial Policy and Fact-Checking Policy.