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Pakistan

Pakistan Prepares for FIFA ASEAN Cup Opener Against Thailand

ISLAMABAD — Pakistan’s national football team is set to face Thailand in their opening match of the FIFA ASEAN Cup on Friday. Head coach Nolberto Solano and captain Abdullah Iqbal expressed optimism as the team completed their final preparations for the tournament. What Happened The Pakistani football team, known as the Shaheens, has been rigorously training ahead of their debut in the FIFA ASEAN Cup. The team arrived in Thailand earlier this week and has been acclimating to the local conditions while fine-tuning their strategies. Head coach Nolberto Solano, a former international player, emphasized the importance of this tournament for the team’s development. “We are excited about the challenge and have prepared well. The players are motivated and ready to give their best,” Solano stated. Captain Abdullah Iqbal echoed the coach’s sentiments, highlighting the team’s determination to perform well. “This is a significant opportunity for us to showcase our skills on an international platform. We have a young squad eager to make a mark,” Iqbal said. The match against Thailand is scheduled to take place at the Rajamangala National Stadium in Bangkok, a venue known for its vibrant atmosphere and passionate football fans. The ASEAN Cup, although not as globally recognized as the FIFA World Cup, provides a crucial platform for teams from the ASEAN region to compete and gain international experience. Pakistan’s participation marks a significant step in their football journey, aiming to elevate the sport’s profile within the country. Background Football in Pakistan has historically been overshadowed by cricket, the nation’s most popular sport. However, recent years have seen a growing interest in football, with efforts from the Pakistan Football Federation (PFF) to develop the sport at the grassroots level. The PFF has been working to improve infrastructure, coaching, and player development programs to nurture young talent. Pakistan’s participation in the FIFA ASEAN Cup is part of a broader strategy to increase international exposure and competitiveness. The team has participated in various regional tournaments, but this marks their first foray into the ASEAN Cup, a tournament primarily featuring Southeast Asian nations. The inclusion of Pakistan is part of an initiative to expand the tournament’s reach and foster greater regional cooperation in sports. Why It Matters The participation of Pakistan in the FIFA ASEAN Cup holds significant implications for the country’s sports landscape. Economically, it opens up potential sponsorship and partnership opportunities, which are crucial for funding and developing sports infrastructure. Socially, it can inspire a new generation of football enthusiasts and players, contributing to the sport’s growth at the grassroots level. Politically, successful participation in international tournaments can enhance national pride and unity, offering a positive narrative amid the challenges Pakistan faces. Internationally, it positions Pakistan as an emerging football nation, potentially attracting more friendly matches and collaborations with other countries. The ASEAN Cup also serves as a platform for Pakistani players to gain exposure and experience against higher-ranked teams, which is vital for their development and the overall improvement of the national team. By competing against teams like Thailand, which has a more established football program, Pakistani players can benchmark their skills and identify areas for improvement. Key Takeaways Pakistan is set to face Thailand in their FIFA ASEAN Cup opener on Friday. Head coach Nolberto Solano and captain Abdullah Iqbal are optimistic about the team’s performance. The tournament provides international exposure and development opportunities for Pakistani football. Participation in the ASEAN Cup is part of Pakistan’s broader strategy to elevate football’s profile. Success in the tournament could inspire a new generation of football enthusiasts in Pakistan. 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: September 26, 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.

Pakistan

Defence Chiefs of Saudi Arabia, Pakistan, Türkiye Convene in Riyadh

RAWALPINDI — Defence chiefs from Saudi Arabia, Pakistan, and Türkiye convened in Riyadh on September 26 to assess regional security threats impacting the Kingdom of Saudi Arabia (KSA). The meeting was part of the Makkah Joint Defence Agreement, which aims to bolster military cooperation among the participating states. What Happened The meeting in Riyadh brought together the Chiefs of Defence Forces and Chiefs of General Staff from Saudi Arabia, Pakistan, and Türkiye. The discussions focused on the current security landscape in the region, with particular emphasis on threats facing Saudi Arabia. The meeting aimed to strengthen military collaboration and ensure a coordinated response to potential security challenges. The Makkah Joint Defence Agreement serves as a framework for military cooperation among its member states. During the meeting, the defence chiefs reviewed existing security protocols and explored avenues for enhanced collaboration. The discussions also included an assessment of the geopolitical dynamics in the Middle East and their implications for regional stability. According to official sources, the meeting underscored the importance of joint military exercises and intelligence sharing to address common security concerns. The defence chiefs reiterated their commitment to maintaining peace and stability in the region through collective efforts. Background The Makkah Joint Defence Agreement was established to foster military cooperation among Saudi Arabia, Pakistan, and Türkiye. The agreement aims to enhance the collective defence capabilities of its member states and ensure a coordinated response to regional security threats. Over the years, the participating countries have engaged in joint military exercises and strategic dialogues to strengthen their defence ties. Saudi Arabia has faced various security challenges in recent years, including threats from non-state actors and regional conflicts. The Kingdom has sought to bolster its defence capabilities through strategic alliances and partnerships with key regional players like Pakistan and Türkiye. These partnerships are critical in addressing the complex security environment in the Middle East. Why It Matters The meeting holds significant implications for regional security and geopolitical stability. As key players in the Middle East, Saudi Arabia, Pakistan, and Türkiye play crucial roles in shaping the security dynamics of the region. Their collaboration under the Makkah Joint Defence Agreement highlights the importance of collective efforts in addressing shared security challenges. For Pakistan, participation in such high-level defence dialogues underscores its strategic importance in the region. The country has historically maintained strong military ties with Saudi Arabia, which have been further strengthened through collaborative defence initiatives. This meeting reaffirms Pakistan’s commitment to regional security and its role as a stabilizing force in the Middle East. Türkiye’s involvement in the meeting also reflects its growing influence in regional security matters. As a NATO member, Türkiye brings valuable military expertise and strategic insights to the table. Its collaboration with Saudi Arabia and Pakistan is pivotal in addressing the evolving security landscape in the Middle East. The outcome of the meeting is likely to influence future defence strategies and policies of the participating countries. By enhancing military cooperation and intelligence sharing, Saudi Arabia, Pakistan, and Türkiye can better address the multifaceted security threats facing the region. Key Takeaways Defence chiefs from Saudi Arabia, Pakistan, and Türkiye met in Riyadh to discuss regional security threats. The meeting was part of the Makkah Joint Defence Agreement, aimed at enhancing military cooperation. Discussions focused on joint military exercises and intelligence sharing to address security challenges. Saudi Arabia’s strategic alliances with Pakistan and Türkiye are crucial for regional stability. The meeting underscores the importance of collective efforts in tackling shared security concerns. 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: September 26, 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.

Pakistan

ECP Establishes Complaint Centre for Bahawalpur By-Election

ISLAMABAD — The Election Commission of Pakistan (ECP) has announced the establishment of an Election Monitoring and Control Centre (EMCC) to manage public complaints during the upcoming by-election in Bahawalpur’s NA-168 constituency. The by-election is scheduled for September 27, and the EMCC aims to ensure a smooth electoral process by addressing grievances promptly. What Happened The ECP has set up the EMCC as part of its efforts to maintain transparency and efficiency in the electoral process. The centre will operate with trained staff stationed at federal, provincial, divisional, and district levels. This multi-tiered approach is designed to monitor the election proceedings closely and address any issues that may arise. The EMCC will be responsible for receiving complaints from the public and ensuring that they are addressed swiftly. This initiative is part of the ECP’s broader strategy to enhance the credibility of elections and to reassure the public of the integrity of the electoral process. The staff at the EMCC are equipped to handle a wide range of complaints, from procedural issues to allegations of misconduct. The by-election in Bahawalpur’s NA-168 constituency is a significant event, as it involves a contest for a National Assembly seat. The ECP’s proactive measures, including the establishment of the EMCC, underscore its commitment to conducting free and fair elections. The centre will remain operational throughout the election day to ensure that any disruptions are minimized and resolved efficiently. Background The ECP has a history of setting up similar monitoring centres during elections to ensure transparency and accountability. In previous elections, the establishment of such centres has helped in the quick resolution of complaints and has contributed to the overall credibility of the electoral process. The ECP operates under the legal framework provided by the Election Act of 2017, which mandates the commission to ensure free and fair elections in the country. Historically, by-elections in Pakistan have been closely watched events, often seen as a barometer for public sentiment and political trends. The NA-168 constituency in Bahawalpur has been a contested area, with various political parties vying for influence. The ECP’s measures are aimed at ensuring that the by-election is conducted in a manner that reflects the true will of the voters. Why It Matters The establishment of the EMCC is crucial for maintaining public confidence in the electoral process. By providing a platform for addressing complaints, the ECP is taking a significant step towards enhancing the transparency and fairness of the by-election. This initiative is particularly important in a political environment where allegations of electoral fraud and misconduct are not uncommon. For the citizens of Bahawalpur, the EMCC offers a direct channel to report any irregularities, ensuring that their voices are heard and their concerns addressed. This can lead to increased voter participation, as individuals feel more confident that their votes will be counted accurately and fairly. On a broader scale, the ECP’s actions can influence the political landscape in Pakistan. By demonstrating its commitment to free and fair elections, the ECP can help build trust in democratic institutions, which is essential for political stability and development. The by-election in Bahawalpur could set a precedent for future elections, reinforcing the importance of transparency and accountability in the electoral process. Key Takeaways The ECP has established an Election Monitoring and Control Centre for the NA-168 by-election in Bahawalpur. The centre is designed to address public complaints and ensure a transparent electoral process. Trained staff are deployed at various levels to monitor and act on any issues during the election. This initiative is part of the ECP’s efforts to enhance the credibility of elections in Pakistan. The EMCC aims to increase public confidence and voter participation in the electoral process. Source Attribution This article is based on official government statements and public communications from the Election Commission of Pakistan. Author: NEN Editorial Desk | Editor: NEN Newsroom | Fact Checked By: NEN Editorial Team Author: NEN Editorial Desk  |  Editor: NEN Newsroom  |  Last Updated: September 26, 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.

Pakistan

Karachi Braces for Drizzle Amid Predominantly Hot Weather Forecast

KARACHI — The Pakistan Meteorological Department (PMD) has forecasted a mix of weather conditions for Karachi and other parts of Sindh over the next 24 hours. While most districts are expected to experience hot and dry weather, coastal areas, including Karachi, may see partly cloudy skies with a chance of drizzle. What Happened The PMD issued a weather advisory on Saturday, indicating that the majority of Sindh province will continue to endure hot and dry weather conditions. However, Karachi and other coastal regions might experience a slight relief in the form of drizzle. The forecast suggests that the temperature in Karachi will remain high, with humidity levels contributing to a muggy atmosphere. According to the PMD, the current weather pattern is influenced by a weak monsoon system that is affecting the coastal belt. “Partly cloudy weather with chances of drizzle is expected in Karachi,” stated a PMD official. This weather pattern is typical for the region during this time of year, as the monsoon season begins to wane. Residents of Karachi have been advised to stay hydrated and take precautions against the heat, despite the potential for drizzle. The PMD has also warned of high UV index levels, urging people to avoid prolonged exposure to the sun during peak hours. Background Karachi, Pakistan’s largest city and economic hub, often experiences extreme weather conditions due to its geographical location. Situated on the Arabian Sea, the city is prone to both hot and humid conditions, especially during the summer months. The monsoon season, which typically runs from July to September, brings sporadic rainfall to the region, offering some respite from the heat. In recent years, Karachi has faced challenges related to urban flooding and heatwaves, exacerbated by climate change and rapid urbanization. The city’s infrastructure struggles to cope with heavy rainfall, leading to waterlogging and disruptions in daily life. The government and local authorities have been working to improve drainage systems and implement measures to mitigate the impact of extreme weather events. Why It Matters The forecasted drizzle, while a minor weather event, is significant for Karachi’s residents who are accustomed to enduring prolonged periods of heat. Even a brief respite in the form of drizzle can provide much-needed relief and improve air quality by reducing dust and pollutants. Economically, weather conditions have a direct impact on various sectors in Karachi, including agriculture, transportation, and retail. Farmers in the surrounding areas rely on weather forecasts to plan their activities, while transport and logistics companies must adjust operations to ensure timely deliveries despite weather challenges. Socially, the weather can affect public health, particularly for vulnerable populations such as the elderly and those with pre-existing health conditions. High temperatures and humidity can exacerbate health issues, making it crucial for public health officials to issue advisories and provide support to those in need. Internationally, Karachi’s weather patterns are closely monitored as they can influence regional climate conditions. The city’s port is a critical hub for trade, and adverse weather can disrupt shipping schedules, affecting international trade routes. Key Takeaways The PMD forecasts hot and dry weather for most of Sindh, with drizzle expected in Karachi. Karachi residents are advised to stay hydrated and avoid sun exposure due to high UV levels. The city’s weather is influenced by a weakening monsoon system typical for this time of year. Weather conditions in Karachi have economic and social implications, affecting sectors like agriculture and public health. Karachi’s port operations and international trade routes could be impacted by adverse weather conditions. Source Attribution This article is based on official statements and weather advisories from the Pakistan Meteorological Department. Author: NEN Editorial Desk | Editor: NEN Newsroom | Fact Checked By: NEN Editorial Team Author: NEN Editorial Desk  |  Editor: NEN Newsroom  |  Last Updated: September 26, 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.

Pakistan

Punjab Launches AI Curriculum to Equip Students for Future Technologies

LAHORE — The Punjab government has introduced an Artificial Intelligence (AI) Curriculum and Training Initiative aimed at preparing students for future technological advancements. Adviser to Chief Minister Punjab on AI and Special Initiatives, Ali Dar, announced that the program will train over 160,000 teachers and equip students with essential skills for the digital economy. What Happened The AI Curriculum and Training Initiative was officially launched at a ceremony in Lahore, where Adviser Ali Dar emphasized the importance of integrating AI education into the school system. The initiative is designed to provide both teachers and students with the necessary tools to navigate and succeed in a rapidly evolving technological landscape. Dar stated, “This initiative will ensure that our education system is aligned with the demands of the future job market and the digital economy.” The program aims to cover a wide range of AI-related topics, including machine learning, data science, and robotics. The curriculum will be implemented across various educational institutions in Punjab, with a focus on fostering critical thinking and problem-solving skills among students. The training for teachers is expected to commence in the coming months, with the goal of creating a robust educational framework that supports AI learning from an early age. Background Punjab’s decision to introduce an AI curriculum is part of a broader effort to modernize the province’s educational system and align it with global technological trends. The initiative follows similar efforts in other regions of the world where AI education is becoming increasingly prioritized. In recent years, Pakistan has recognized the potential of AI and digital technologies in driving economic growth and improving various sectors, including education, healthcare, and agriculture. The government’s focus on AI is also in response to the growing demand for technology-driven skills in the job market. As industries continue to adopt AI and automation, there is a pressing need for a workforce that is proficient in these technologies. By implementing an AI curriculum, Punjab aims to bridge the skills gap and ensure that its students are well-prepared for future challenges. Why It Matters The introduction of an AI curriculum in Punjab’s educational institutions is a significant step towards fostering a technologically adept workforce in Pakistan. As the global economy becomes increasingly reliant on digital technologies, the demand for AI skills is expected to rise. This initiative not only prepares students for future job opportunities but also positions Punjab as a leader in AI education within the country. Economically, the program has the potential to boost the province’s competitiveness by creating a pool of skilled professionals who can contribute to various sectors, including IT, manufacturing, and services. Socially, it empowers students with the knowledge and skills needed to participate in the digital economy, thereby enhancing their career prospects and overall quality of life. Politically, the initiative reflects the government’s commitment to investing in education and technology as key drivers of development. It also aligns with national efforts to promote innovation and digital transformation across Pakistan. By prioritizing AI education, Punjab is setting a precedent for other provinces to follow, potentially leading to a nationwide emphasis on technology-driven learning. Key Takeaways Punjab has launched an AI Curriculum and Training Initiative to prepare students for future technologies. The program will train over 160,000 teachers and equip students with skills for the digital economy. The initiative aims to cover AI-related topics such as machine learning, data science, and robotics. This effort aligns with global trends and addresses the growing demand for AI skills in the job market. The initiative positions Punjab as a leader in AI education within Pakistan. 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: September 26, 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.

Pakistan

Punjab CM Evaluates Maryam Nawaz Hospitals’ Performance

LAHORE — Punjab Chief Minister Maryam Nawaz Sharif conducted a comprehensive review of the Maryam Nawaz Hospitals’ performance on Saturday. These hospitals, transformed from rural health centers across the province, have provided medical treatment to over 7.824 million patients. The review meeting was chaired by the Chief Minister and included a briefing by Secretary Health Nadia Saqib on the performance of the outsourced rural health facilities. What Happened The meeting held in Lahore was a detailed evaluation of the healthcare services offered by the Maryam Nawaz Hospitals. Chief Minister Maryam Nawaz Sharif emphasized the importance of maintaining high standards of medical care and ensuring accessibility for all citizens. Secretary Health Nadia Saqib presented a report highlighting the hospitals’ achievements and areas needing improvement. The transformation of rural health centers into fully equipped hospitals has been a significant initiative aimed at enhancing healthcare delivery in underserved areas. According to the briefing, the hospitals have treated over 7.824 million patients, indicating a substantial impact on healthcare accessibility in rural regions. The Chief Minister expressed satisfaction with the progress but stressed the need for continuous improvement in service delivery. “Our goal is to ensure that every citizen has access to quality healthcare services, regardless of their location,” she stated. The meeting also discussed future plans to further improve infrastructure and medical facilities at these hospitals. The Chief Minister directed the health department to focus on training medical staff and upgrading equipment to meet modern healthcare standards. Additionally, she emphasized the importance of regular monitoring and evaluation to maintain service quality. Background The Maryam Nawaz Hospitals were established as part of a broader initiative to transform rural health centers into comprehensive medical facilities. This project aims to address the healthcare disparities between urban and rural areas in Punjab. Historically, rural regions have faced significant challenges in accessing quality healthcare, often due to inadequate infrastructure and a shortage of medical professionals. The initiative to upgrade rural health centers was launched with the objective of providing equitable healthcare services across the province. By outsourcing management and operations to private entities, the government seeks to enhance efficiency and service quality. This model has been implemented in several regions, with varying degrees of success, and is part of a larger strategy to improve public health outcomes in Pakistan. Why It Matters The review of the Maryam Nawaz Hospitals’ performance is crucial for several reasons. Firstly, it highlights the government’s commitment to improving healthcare access in rural areas, which historically have been underserved. By transforming rural health centers into fully functional hospitals, the initiative addresses a critical gap in healthcare delivery. Economically, the improved healthcare infrastructure can lead to better health outcomes, reducing the burden of disease and increasing productivity among the rural population. Socially, it empowers communities by providing essential services that enhance quality of life and reduce healthcare-related financial burdens. Politically, the initiative reflects the government’s prioritization of healthcare as a key area of development. It aligns with broader national goals of improving public health and achieving sustainable development. Internationally, such initiatives can enhance Pakistan’s reputation as a country committed to advancing its healthcare system, potentially attracting foreign investment and expertise in the health sector. Key Takeaways Punjab CM Maryam Nawaz Sharif reviewed the performance of Maryam Nawaz Hospitals. Over 7.824 million patients have been treated at these hospitals. The initiative aims to transform rural health centers into comprehensive medical facilities. Future plans include improving infrastructure and training medical staff. The initiative addresses healthcare disparities between urban and rural areas. 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: September 26, 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.

Pakistan

Pakistan Stock Exchange Gains 266 Points Amid Bullish Trend

ISLAMABAD — The Pakistan Stock Exchange (PSX) experienced a bullish trend on Friday, with the benchmark KSE-100 Index rising by 266.28 points, marking a 0.16 percent increase. The index closed at 170,765.22 points, compared to the previous session’s close of 170,498.95 points. What Happened On Friday, the PSX saw a positive shift as the KSE-100 Index gained 266.28 points. This increase reflects a 0.16 percent rise, bringing the index to 170,765.22 points. The market’s upward movement was driven by improved investor sentiment, which was bolstered by positive economic indicators and a stable political environment. Market participants responded positively to these factors, leading to increased buying activity across various sectors. According to market analysts, the bullish trend was primarily supported by gains in sectors such as banking, oil and gas, and cement. The banking sector, in particular, saw significant interest from investors, contributing to the overall rise in the index. Additionally, the oil and gas sector benefitted from stable international oil prices, which provided further impetus for the market’s upward trajectory. One market analyst noted, “The recent stability in the political landscape has contributed to a more favorable investment climate, encouraging investors to take positions in key sectors.” The analyst further highlighted that the ongoing reforms in the economic sector have also played a role in boosting investor confidence. Background The Pakistan Stock Exchange has been experiencing fluctuations in recent months due to various economic and political factors. Historically, the PSX is sensitive to changes in the country’s economic policies, political stability, and global economic trends. In recent years, the government has implemented several economic reforms aimed at stabilizing the economy and attracting foreign investment. These measures have included efforts to improve the ease of doing business, reduce fiscal deficits, and enhance the regulatory framework for financial markets. Despite these efforts, the PSX has faced challenges, including volatility in the exchange rate and inflationary pressures. However, recent developments, such as the government’s commitment to maintaining macroeconomic stability and fostering a conducive business environment, have positively impacted investor sentiment. Why It Matters The recent bullish trend in the PSX is significant for several reasons. Firstly, it reflects growing investor confidence in the Pakistani market, which is crucial for attracting both domestic and foreign investment. A stable and growing stock market can lead to increased capital inflows, which are essential for economic growth and development. Secondly, the positive performance of the PSX can have a ripple effect on the broader economy. As companies listed on the exchange perform well, they are likely to invest more in their operations, leading to job creation and economic expansion. This, in turn, can contribute to higher consumer spending and improved living standards for the population. Moreover, the PSX’s performance is often seen as a barometer of the country’s economic health. A rising stock market can signal economic stability and growth, which can enhance Pakistan’s image as a viable investment destination on the international stage. This perception is vital for attracting foreign direct investment, which can bring in much-needed capital and expertise to various sectors of the economy. Key Takeaways The PSX’s KSE-100 Index gained 266.28 points, a 0.16 percent increase. Investor sentiment improved due to positive economic indicators and political stability. Key sectors contributing to the rise included banking, oil and gas, and cement. The bullish trend is crucial for attracting domestic and foreign investment. A stable stock market can lead to broader economic growth and job creation. 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: September 26, 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.

Pakistan

State Bank of Pakistan Injects Rs 10.83 Trillion to Boost Liquidity

ISLAMABAD — The State Bank of Pakistan (SBP) has injected Rs 10.83 trillion into the financial market through Reverse Repo Purchase and Shariah Compliant Mudarabah-based Open Market Operations (OMO) as of Friday. This substantial liquidity measure aims to stabilize the market and ensure adequate cash flow within the banking system. What Happened The SBP’s decision to inject Rs 10,827 billion into the market was executed via two key financial instruments: Reverse Repo Purchase and Shariah Compliant Mudarabah-based Open Market Operations. These tools are designed to manage the liquidity levels in the banking sector, ensuring that financial institutions have sufficient cash reserves to meet their obligations and continue lending activities. Reverse Repo Purchase is a process where the central bank buys securities from commercial banks with an agreement to sell them back at a later date. This temporarily increases the money supply in the banking system, providing banks with the liquidity they need to operate smoothly. The Shariah Compliant Mudarabah-based OMO, on the other hand, aligns with Islamic finance principles, offering a non-interest-based mechanism to achieve similar liquidity outcomes. The injection of funds is part of the SBP’s ongoing efforts to maintain market stability, particularly in light of recent economic challenges. By providing this level of liquidity, the SBP aims to support the banking sector’s ability to lend to businesses and individuals, thereby fostering economic activity and growth. Background The State Bank of Pakistan regularly engages in open market operations to manage liquidity in the financial system. These operations are crucial for maintaining the balance between the supply and demand for money, which in turn influences interest rates and overall economic activity. Historically, the SBP has used various monetary policy tools to address liquidity issues, especially during times of economic uncertainty or financial stress. The use of Shariah Compliant Mudarabah-based operations reflects the growing importance of Islamic finance in Pakistan’s banking sector, catering to the needs of institutions and customers who prefer Shariah-compliant financial products. In recent years, Pakistan’s economy has faced several challenges, including inflationary pressures, currency depreciation, and fiscal deficits. These factors have necessitated proactive measures by the central bank to ensure financial stability and support economic growth. Why It Matters The SBP’s injection of Rs 10.83 trillion is significant for several reasons. Economically, it provides much-needed liquidity to the banking sector, enabling banks to continue lending to businesses and consumers. This is crucial for sustaining economic activity, especially in an environment where businesses may face cash flow challenges due to external economic pressures. Socially, the availability of credit can have a positive impact on employment and consumer spending. When businesses have access to financing, they can invest in expansion, hire more employees, and increase production, which can lead to job creation and improved economic conditions for citizens. Politically, the SBP’s actions demonstrate the government’s commitment to maintaining financial stability and supporting the economy. This can enhance confidence among investors and international partners, potentially leading to increased foreign investment and economic collaboration. Internationally, the move underscores Pakistan’s efforts to align its financial practices with global standards, particularly in the realm of Islamic finance. By utilizing Shariah-compliant mechanisms, Pakistan positions itself as a leader in Islamic banking, which could attract investment from countries and institutions interested in this sector. Key Takeaways The State Bank of Pakistan injected Rs 10.83 trillion to maintain liquidity in the market. The operation utilized Reverse Repo Purchase and Shariah Compliant Mudarabah-based Open Market Operations. This measure aims to stabilize the banking sector and support economic growth. The move reflects the SBP’s commitment to financial stability amid economic challenges. Pakistan’s use of Islamic finance tools positions it as a leader in the sector internationally. 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: September 26, 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.

Pakistan

SMEDA and Daraz Pakistan Collaborate on E-Commerce Initiative for SMEs

ISLAMABAD — The Small and Medium Enterprises Development Authority (SMEDA) and Daraz Pakistan have announced a collaborative effort to enhance the digital capabilities of small and medium-sized enterprises (SMEs) in Pakistan. This initiative aims to expand SMEs’ access to e-commerce platforms and unlock new growth opportunities. What Happened SMEDA and Daraz Pakistan have entered into discussions to explore potential collaborations that would benefit Pakistani SMEs by integrating them into the digital economy. The initiative seeks to provide SMEs with the tools and knowledge needed to effectively engage in e-commerce, thereby broadening their market reach and increasing their competitiveness. According to a statement from SMEDA, the collaboration will focus on developing training programs and resources tailored to the needs of SMEs. These programs will cover various aspects of e-commerce, including digital marketing, online sales strategies, and customer service excellence. The goal is to equip SMEs with the skills necessary to thrive in an increasingly digital marketplace. Daraz Pakistan, a leading e-commerce platform in the country, has expressed its commitment to supporting SMEs by offering them a platform to showcase their products to a wider audience. The company plans to provide technical support and mentorship to help SMEs optimize their online presence and enhance their sales performance. In a recent meeting, officials from both SMEDA and Daraz Pakistan discussed the potential impact of this collaboration on the SME sector. They emphasized the importance of digital transformation for SMEs, particularly in the wake of the COVID-19 pandemic, which has accelerated the shift towards online commerce. Background The SME sector in Pakistan plays a crucial role in the country’s economy, contributing significantly to GDP and employment. However, many SMEs face challenges in accessing digital platforms due to a lack of resources and expertise. The government’s Vision 2025 includes a focus on digital transformation and aims to integrate more SMEs into the digital economy. In recent years, e-commerce has emerged as a vital component of economic growth in Pakistan. The sector has seen rapid expansion, driven by increased internet penetration and a growing preference for online shopping among consumers. Despite this growth, many SMEs have struggled to keep pace with technological advancements and have been unable to fully capitalize on the opportunities presented by e-commerce. Why It Matters This collaboration between SMEDA and Daraz Pakistan is significant for several reasons. Firstly, it addresses the digital divide that many SMEs face, providing them with the necessary tools and knowledge to compete in the digital marketplace. By enhancing their e-commerce capabilities, SMEs can reach a broader customer base, increase their sales, and contribute more significantly to the national economy. Economically, the initiative is poised to boost the SME sector, which is a backbone of Pakistan’s economy. By integrating more SMEs into the digital economy, the country can enhance its economic resilience and foster innovation. This is particularly important in the current global economic climate, where digital transformation is a key driver of growth. Socially, the initiative can lead to job creation and skill development, as SMEs expand their operations and require a workforce equipped with digital skills. This can contribute to reducing unemployment and improving the livelihoods of many Pakistanis. Politically, the collaboration aligns with the government’s broader strategy to promote digitalization and technological advancement. It demonstrates a commitment to supporting SMEs and fostering an environment conducive to business growth and innovation. Key Takeaways SMEDA and Daraz Pakistan are collaborating to enhance the digital capabilities of Pakistani SMEs. The initiative aims to provide training and resources to help SMEs engage in e-commerce effectively. This collaboration addresses the digital divide and aims to integrate more SMEs into the digital economy. The initiative is expected to boost economic growth, create jobs, and foster innovation in Pakistan. It aligns with the government’s Vision 2025 strategy for digital transformation. 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: September 26, 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.

Pakistan

Fuel Relief Scheme Now Active Nationwide, Confirms Kiyani

ISLAMABAD — Minister of State for Finance, Bilal Azhar Kiyani, announced on Friday that the Prime Minister’s Fuel Relief Scheme is now fully operational across Pakistan. The initiative aims to provide financial relief to citizens amid rising fuel costs by offering Rs500 worth of free petrol weekly to eligible motorcyclists and Rs1,000 every 10 days to owners of cars with engine capacities up to 800cc. What Happened The government has launched the Fuel Relief Scheme to mitigate the impact of escalating fuel prices on the average Pakistani citizen. According to Minister Kiyani, the scheme is designed to support low-income individuals who are most affected by the economic pressures of fuel price hikes. “The scheme is fully operational and is a testament to our commitment to providing relief to the people,” Kiyani stated. Eligible participants can register quickly through a streamlined process that ensures they receive their benefits without delay. The scheme is expected to cover a significant portion of the population, particularly those reliant on motorcycles and small cars for daily commuting. The government has emphasized that the registration process is user-friendly, requiring minimal documentation to facilitate easy access to the relief. Minister Kiyani highlighted the government’s dedication to addressing economic challenges faced by citizens, particularly in the wake of global fuel price fluctuations. He noted that the scheme is part of a broader strategy to stabilize the economy and support vulnerable groups during challenging times. Background Pakistan has been grappling with rising fuel prices, influenced by global market trends and domestic economic conditions. The government has previously implemented various measures to cushion the impact on consumers, including subsidies and price controls. However, the persistent increase in international crude oil prices has necessitated more targeted interventions. The Fuel Relief Scheme is a continuation of the government’s efforts to provide direct support to citizens. Historically, similar initiatives have been employed during periods of economic strain, reflecting a pattern of state intervention to maintain social stability and economic resilience. Why It Matters The implementation of the Fuel Relief Scheme is significant for several reasons. Economically, it provides immediate financial relief to lower-income groups who are disproportionately affected by fuel price increases. By reducing the cost burden on these individuals, the scheme helps maintain their purchasing power, which is crucial for sustaining domestic consumption and economic activity. Socially, the scheme is a response to public demands for government intervention in the face of rising living costs. It demonstrates the government’s responsiveness to citizen needs and its willingness to take concrete steps to address economic disparities. This initiative may also help alleviate public dissatisfaction and prevent potential unrest stemming from economic grievances. Politically, the scheme is likely to bolster the government’s standing among the electorate, particularly as it prepares for upcoming elections. By providing tangible benefits to a large segment of the population, the government can strengthen its support base and enhance its credibility as a responsive and people-oriented administration. Internationally, the scheme positions Pakistan as a country taking proactive measures to protect its citizens from global economic shocks. This approach may enhance the country’s image as a responsible member of the international community, committed to sustainable development and social welfare. Key Takeaways The Fuel Relief Scheme provides Rs500 weekly to motorcyclists and Rs1,000 every 10 days to small car owners. The initiative is fully operational nationwide, with a quick and easy registration process. The scheme aims to alleviate the economic burden of rising fuel prices on low-income citizens. It reflects the government’s commitment to addressing economic challenges and supporting vulnerable groups. The scheme has economic, social, and political implications for Pakistan’s domestic and international standing. 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: September 25, 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.

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