Pakistan

News related to Pakistan in Pakistan and around the world.

Economy, Pakistan

SBP Adjusts Forex Policies to Stabilize PKR Amid Rate Fluctuations

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Pakistan forex stabilization Karachi, August 28, 2025, 11:04 AM PKT – SBP Adjusts Forex Policies to Stabilize PKR Amid Rate Fluctuations The State Bank of Pakistan (SBP) announced revised foreign exchange policies on August 28, 2025, to stabilize the Pakistani Rupee (PKR) following the Financial Markets Association’s bulletin on August 27, which listed USD at PKR 281.80, GBP at PKR 378.91, EUR at PKR 326.86, and JPY at PKR 1.9060 for September 29 settlement . SBP Governor Jameel Ahmad told NEN, “These measures will enhance market confidence and curb volatility.” The policies include tighter controls on speculative trading and increased reserves for importers, following a 0.4% PKR depreciation against the USD since August 20 (web:0, web:8, web:13, web:16). The SBP aims to align rates with open market trends, where USD touched PKR 282.50. The business community welcomed the move, with Karachi Chamber of Commerce urging support for exporters. The SBP will monitor rates daily and introduce digital tools for real-time tracking by September 15 ). “Stability is key for trade,” said a chamber spokesperson. Stay updated at nenagency.

Education, Pakistan

Sialkot Schools Reopen with Enhanced Security Measures

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Sialkot schools reopening Sialkot, August 28, 2025, 11:00 AM PKT – Sialkot Schools Reopen with Enhanced Security Measures Public and private schools and colleges in Sialkot reopened on August 28, 2025, after a one-day closure on August 27 due to security concerns, the district administration announced. The reopening includes heightened security protocols to ensure the safety of students and staff across the city. Deputy Commissioner Muhammad Zulqarnain told NEN, “We’ve deployed additional police at educational institutions to restore confidence.” The closure was prompted by a reported security situation, with no specific details disclosed (web:7). Over 300 schools in Sialkot, including those in Daska and Pasrur, resumed classes with staggered schedules and mandatory ID checks for visitors (web:7). Parents welcomed the reopening but urged ongoing vigilance. The district administration has launched a helpline for reporting suspicious activities near campuses, with local police conducting regular patrols. Sialkot schools reopening “Safety is our priority,” said SP Investigation Rana Amjad. Stay updated at nenagency

Economy, Uncategorized

ADB Commits $500M for Pakistan’s Climate Resilience Projects

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�Islamabad, August 28, 2025, 01:33 AM PKT – ADB Commits $500M for Pakistan’s Climate Resilience Projects � �The Asian Development Bank (ADB) pledged $500 million for Pakistan’s climate resilience and infrastructure projects on August 27, 2025, building on Prime Minister Shehbaz Sharif’s appreciation of their longstanding partnership. The commitment follows a high-level meeting with ADB President Masato Kanda at the PM’s House. � �Finance Minister Muhammad Aurangzeb told NEN, “This funding will bolster our climate and economic reforms.” The package includes $300 million for flood-resistant infrastructure in Sindh and $200 million for renewable energy in Balochistan, aligning with Pakistan’s reform agenda (web:0, web:2, web:11, web:23). Kanda praised Pakistan’s tax and energy sector reforms, noting ADB’s support for 15 projects since 2022 (web:0, web:11). � �The funding, set for ADB Board approval in October, aims to enhance disaster preparedness and economic stability, with 10,000 jobs expected from energy projects (web:2, web:24). Sharif directed ministries to expedite project timelines. “ADB’s support is pivotal for our progress,” he said. Stay updated at nenagency.com. � �

Cricket, Pakistan, Sports

PCB Reaffirms Support for Rizwan, Masood Amid Performance Review

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PCB captaincy support Lahore, August 25, 2025, 05:39 PM PKT – PCB Reaffirms Support for Rizwan, Masood Amid Performance Review The Pakistan Cricket Board (PCB) reaffirmed its support for ODI captain Mohammad Rizwan and Test captain Shan Masood on August 25, 2025, following their denial of leadership change rumors. The statement comes as the PCB selection committee, led by Aaqib Javed, reviews team performance ahead of the Asia Cup and Australia tour. PCB Chairman Mohsin Naqvi, addressing a press conference, clarified, “No discussions on replacing Rizwan or Masood have occurred,” as reported by NEN. The board dismissed claims that Salman Ali Agha and Saud Shakeel were considered for ODI and Test captaincies, respectively. Despite recent losses, including a 34-year first ODI series defeat to the West Indies, Naqvi praised Rizwan’s leadership and Masood’s 2-1 Test series win over England. The PCB is focusing on squad stability, with plans to integrate young talent for upcoming matches. The selection committee, now excluding captains and coaches, aims for merit-based decisions. “We trust our captains to deliver,” Naqvi added. Fans are urged to support the team via nenagency updates.

Americas, International, Politics

CAIR Urges US State Department to Reinstate Fired Press Officer

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Shahed Ghoreishi firing Washington, August 24, 2025, 11:21 AM PKT – CAIR Urges US State Department to Reinstate Fired Press Officer The Council on American-Islamic Relations (CAIR) has called for the reinstatement of Shahed Ghoreishi, the US State Department press officer fired on August 21, 2025, over disputes regarding Gaza policy statements. CAIR condemned the dismissal as an attempt to silence dissent on US foreign policy. According to CAIR, Ghoreishi’s firing followed his draft statement opposing forced displacement of Palestinians in Gaza, which was rejected by department leadership. “This unjust action reflects a pattern of punishing moral clarity,” said CAIR’s Nihad Awad, urging a review of the decision. The controversy has sparked debate over free expression within the State Department, with critics highlighting pressure for pro-Israel messaging. Shahed Ghoreishi firing Ghoreishi’s supporters argue his stance aligned with prior US policy. Stay updated at nenagency.

Economy, Pakistan, World

Pakistan, Bangladesh Plan Joint Trade Commission to Boost Economic Ties

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Islamabad, August 24, 2025, 11:15 AM PKT – Pakistan, Bangladesh Plan Joint Trade Commission to Boost Economic Ties Pakistan and Bangladesh have finalized plans to establish a Joint Trade Commission following high-level talks in Dhaka, as announced on August 24, 2025. The commission aims to set ambitious trade targets and strengthen economic cooperation between the two nations. According to a statement from the Ministry of Commerce, the initiative builds on discussions between Pakistan’s Commerce Minister Jam Kamal Khan and Bangladesh’s Adviser for Commerce Sk. Bashir Uddin. “This commission will pave the way for enhanced bilateral trade,” Khan said, emphasizing sectors like agriculture, textiles, and energy. The talks also focused on reactivating the Joint Economic Commission (JEC), dormant since 2005, to streamline investment and trade mechanisms. Both sides aim to reduce tariffs and improve logistics. Stay updated at nenagency.

Military, Pakistan, Srcurity

Field Marshal Syed Asim Munir Strengthens Community Ties in Turbat for Development Push

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Balochistan community development Islamabad, August 23, 2025, 12:02 PM PKT – Field Marshal Syed Asim Munir Strengthens Community Ties in Turbat for Development Push Following his visit to Turbat, Balochistan, on August 23, 2025, Chief of Army Staff (COAS) Field Marshal Syed Asim Munir, NI(M), HJ, engaged with community leaders to advance development and security initiatives. The meeting focused on fostering local support for infrastructure projects to drive progress in the region. The Inter-Services Public Relations (ISPR) stated that Munir reviewed ongoing efforts against “Fitna-ul-Hindustan” and praised the Pakistan Army’s role in stabilizing Balochistan. He stressed the need for community-driven development, saying, “Balochistan’s future lies in collective action and good governance.” Munir, joined by senior officials and welcomed by the Corps Commander of Balochistan, assessed projects enhancing education and healthcare. He reaffirmed the army’s commitment to supporting sustainable growth. Stay updated at nenagency.com.

International, Politics

DPM Dar Departs for Historic Two-Day Visit to Bangladesh

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�DPM Dar Departs for Historic Two-Day Visit to Bangladesh � �Dhaka, August 23, 2025, 10:43 AM PKT – Deputy Prime Minister and Foreign Minister Senator Mohammad Ishaq Dar left for Bangladesh today on a two-day official visit, marking the first such trip by a Pakistani foreign minister in 13 years. The visit, at the invitation of the Bangladeshi government, aims to strengthen bilateral ties. � �In Dhaka, Dar will meet Chief Adviser Professor Muhammad Yunus and Foreign Affairs Adviser Md. Touhid Hossain. Discussions will cover Pakistan-Bangladesh relations, trade, and regional issues. Recent diplomatic breakthroughs, including visa-free travel for diplomats and direct sea trade, set the stage for this engagement. � �The visit underscores a renewed commitment to enhance cooperation, following high-level military and trade talks between the two nations. DPM Dar Bangladesh visit � �Stay updated at nenagency.com. � �

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