Kamran Haider

JOURNALIST with Bloomberg- views personal - RTs aren't endorsement

[Kamran Haider @eureka51214]

#Pakistan Air to Get 2 Boeing 787 from Norse Atlantic for UK Operations

The airline signed an accord with Norse Atlantic for 787-9 Dream liners which expected to arrive by next month, according to PIA spokesman.

This will be the first induction of aircraft as a part of fleet expansion since Prime Minister Shahbaz Sharif government recently sold the carrier stakes for a consotium led by businessman Arif Habib.

Pakistan is actively pursuing privatization program after the International Monetary Fund's pushed for government's minimum role in businesses and cutting huge losses incurred by state-ownes enterprises to nation's economy.

The pact also covers provision of expert crew, maintenance, and insurance, the spokesman said.

#PIA #AIRLINES #Tourism #Aviation

[Kamran Haider @eureka51214]

#Pakistan Air to Get 2 Boeing 787 from Norse Atlantic for Brit Operations

#PIA #AIRLINES #Tourism #Aviation

[Kamran Haider @eureka51214]

Pakistan Air Suspends Flight Operation to #Saudi Arabia after Houthis Attacks

The decision to halt operation to Riyadh was taken in view of current security situation of #MiddleEast , a ccordidngg to the airline spokesman.

Rebel #Houthis fired missiles into a Saudi airport in an attempt to further flare up Middle East situation that aggrevated by Oct 7 attacks a year ago and then US-Israel strikes on Iran which killed several the Islamic Republic's prominent figures including it's Supreme Leader Ali Khamenei.

Iran-backed #Yemani rebel militiamen have been launching attacks on oil ships in the Red Sea since Iran-US conflict restarted after a peace truce mediated by Pakistan, Turkey and some Gulf states In June.

Besides the holiest destination for Muslims, SaudiArabiai is a big source of generating foreign exchange for Pakistan. A large number of Pakistani workers reside there.

Pakistan and Turkey have recently signed a defense pact with Saudi Arabia which according to officialss is of defensive nature. Under the accord an attack on a nation would be considered an attack on all there.

#Conflict #MiddleEast #Peace #Iran #US

[Kamran Haider @eureka51214]

#Pakistan Air Suspends Flight Operation to #Saudi Arabia after Houthis Attack

#Conflict #MiddleEast #Peace #Iran #US

[Kamran Haider @eureka51214]

#FlyJinnah Forces Passengers travelling from Khi-Islamabad to Wait in the lounge of Peshawar Airport for more than 8 hours at night as its plane was found not suit for flying after it was diverted from Islamabad.

No arrangement for passengers at the airport

Passengers who were supposed to be at Islamabad airport at 2030 hours are now waiting for a plane, just flew for Karachi from Islamabad, to pick them up on its return

#PAA #Pakistan #Airports

[Kamran Haider @eureka51214]

#Pakistani Forces Trading Fire with #Afghan Taliban who tried to Infiltrate into Pakistan: Security Sources

Several Infiltrating Taliban Got Killed in Firing: Sources

Pakistan has long complained that Afghan soil is used against the South Asian nation, especially by militants linked to al Qaeda and IS

[Special Envoy Steve Witkoff @SEPeaceMissions]

Today, on the sidelines of the United Nations General Assembly, we engaged in lengthy talks with the Iranian delegation through the mediators, who shuttled between the two sides throughout the day. They successfully completed a round of discussions that we hope will prove constructive and promising. The mediators will continue their work.

[Bloomberg @business]

India suspended a decades-old water-sharing treaty with Pakistan last year, and has now rejected a Hague ruling that it must comply with the pact. Here’s what to know. https://t.co/uTR1W3CIu7

[U.S. Embassy Islamabad @usembislamabad]

Chargé d’Affaires Natalie Baker joined Baker Hughes – a Houston, Texas-based global energy technology leader – as it signed a landmark agreement in Islamabad with Pakistan’s @ogdclofficial to deploy U.S. technology, expertise, and integrated solutions across Pakistan’s energy sector.
Speaking at the signing ceremony, CDA Baker said the agreement represented exactly the kind of partnership the United States champions: one that brings world-class American technology and expertise together with Pakistan’s ambitions for a stronger, more secure energy future that promotes shared prosperity.
This agreement reflects the Trump Administration’s prosperity agenda in action: expanding market access for U.S. companies, promoting American energy exports and energy security, and building trade relationships that promote strength, stability, and prosperity for America and its partners.

[Kamran Haider @eureka51214]

#Pakistan Raises $3B through Euro Bond

[Ministry of Finance, Government of Pakistan @Financegovpk]

𝘕𝘖𝘛 𝘍𝘖𝘙 𝘙𝘌𝘓𝘌𝘈𝘚𝘌, 𝘗𝘜𝘉𝘓𝘐𝘊𝘈𝘛𝘐𝘖𝘕 𝘖𝘙 𝘋𝘐𝘚𝘛𝘙𝘐𝘉𝘜𝘛𝘐𝘖𝘕 𝘐𝘕, 𝘖𝘙 𝘐𝘕𝘛𝘖, 𝘛𝘏𝘌 𝘜𝘕𝘐𝘛𝘌𝘋 𝘚𝘛𝘈𝘛𝘌𝘚, 𝘈𝘜𝘚𝘛𝘙𝘈𝘓𝘐𝘈, 𝘊𝘈𝘕𝘈𝘋𝘈 𝘖𝘙 𝘑𝘈𝘗𝘈𝘕.

𝗣𝗮𝗸𝗶𝘀𝘁𝗮𝗻 𝗜𝘀𝘀𝘂𝗲𝘀 𝗥𝗲𝗰𝗼𝗿𝗱 𝗨𝗦$𝟯 𝗕𝗶𝗹𝗹𝗶𝗼𝗻 — 𝗦𝗶𝗻𝗴𝗹𝗲 𝗟𝗮𝗿𝗴𝗲𝘀𝘁 𝗜𝗻𝘁𝗲𝗿𝗻𝗮𝘁𝗶𝗼𝗻𝗮𝗹 𝗕𝗼𝗻𝗱𝘀 𝗥𝗮𝗶𝘀𝗲 𝗶𝗻 𝗣𝗮𝗸𝗶𝘀𝘁𝗮𝗻’𝘀 𝗛𝗶𝘀𝘁𝗼𝗿𝘆; 𝗚𝗹𝗼𝗯𝗮𝗹 𝗗𝗲𝗺𝗮𝗻𝗱 𝗡𝗲𝗮𝗿𝘀 𝗨𝗦$𝟲 𝗕𝗶𝗹𝗹𝗶𝗼𝗻

Pakistan has successfully issued US$3 billion through a landmark dual-tranche Eurobond transaction, the largest-ever international bond issuance by Pakistan in a single transaction. The transaction attracted nearly US$6 billion in orders — almost twice the amount issued — from a broad and diversified base of institutional investors across global markets and continents.

The successful transaction marks a major milestone in Pakistan’s renewed and increasingly diversified access to international capital markets, demonstrating strong investor confidence and Pakistan’s ability to access global funding markets at significant scale.

𝗧𝗵𝗲 𝗧𝗿𝗮𝗻𝘀𝗮𝗰𝘁𝗶𝗼𝗻

- US$1.75 billion — 5½-year Eurobond
- Coupon: 7.50%
- US$1.25 billion — 10-year Eurobond
- Coupon: 7.90%
- Total Issued: US$3.0 billion
- Global Demand: Nearly US$6.0 billion

The competitive pricing across both maturities, together with strong demand extending to the 10-year tenor, demonstrates Pakistan’s ability to mobilise sizeable longer-term financing as international investors reassess the country’s improving macroeconomic and credit fundamentals. However, the significance of this transaction goes well beyond the amount raised.

𝗔 𝗦𝘁𝗿𝗮𝘁𝗲𝗴𝗶𝗰 𝗥𝗼𝗮𝗱 𝘁𝗼 𝗚𝗹𝗼𝗯𝗮𝗹 𝗠𝗮𝗿𝗸𝗲𝘁𝘀

The transaction also represents an important milestone in Pakistan’s broader Road to Market strategy.

Following the successful inaugural Panda Bond and improvements in Pakistan’s sovereign credit profile, this is the first issuance under Pakistan’s renewed strategic Global Medium-Term Note (GMTN) Programme — creating a platform for diversified access to international capital markets.

The objective is not simply to raise additional debt. Pakistan is pursuing a broader strategy of active sovereign liability management — diversifying financing sources, extending maturities, reducing refinancing and rollover risks, and creating opportunities to replace shorter-term and more expensive obligations with longer-duration, competitively priced financing, where economically beneficial.

Pakistan has already pursued substantial early retirement of domestic debt ahead of maturity. Extending that discipline to external financing is part of the same objective: Borrow better. Extend maturities. Diversify funding. Reduce refinancing risk. Improve the sovereign debt profile.This is the difference between simply borrowing and actively managing the sovereign balance sheet.

The Debt Management Office, Ministry of Finance, deserves particular recognition for its pivotal role in successfully delivering this landmark transaction.

𝗣𝗮𝗿𝘁𝗻𝗲𝗿𝘀 𝗶𝗻 𝘁𝗵𝗲 𝗟𝗮𝗻𝗱𝗺𝗮𝗿𝗸 𝗧𝗿𝗮𝗻𝘀𝗮𝗰𝘁𝗶𝗼𝗻

The Ministry of Finance, Government of Pakistan, highly appreciates the excellent work of the Joint Bookrunners — Citi, Deutsche Bank, Emirates NBD, MUFG and Standard Chartered — in successfully managing and executing this landmark transaction. The Government also acknowledges and appreciates the invaluable support and cooperation extended by all stakeholders, including the legal counsels to the transaction.

𝗧𝗵𝗲 𝗠𝗮𝗿𝗸𝗲𝘁 𝗩𝗲𝗿𝗱𝗶𝗰𝘁

Over the past three years, Pakistan’s improving economic trajectory has increasingly been recognised through successive sovereign credit-rating upgrades and renewed access to international capital markets. Now global investors have reinforced that assessment with billions of dollars of actual capital.

The depth of the order book, its geographically diversified institutional investor base, and substantial demand for a 10-year Pakistan sovereign instrument together provide a powerful market-based signal of renewed confidence in Pakistan’s medium- and long-term trajectory.

The journey is not complete. Fiscal discipline, structural reforms, export competitiveness, investment and productivity improvements will continue and deepen. But Pakistan enters the next stage from a materially stronger position than three years ago: Crisis to Stabilisation, Reform, Credibility, Ratings Upgrades, Investor Confidence to Global Capital.

Three years of rebuilding credibility; nearly US$6 billion of global investor demand, and a record US$3 billion issued in a single transaction — it is a landmark moment in Pakistan’s journey from economic stabilisation towards sustainable growth — and a stronger platform for the road ahead.

𝘛𝘩𝘦 𝘮𝘢𝘵𝘦𝘳𝘪𝘢𝘭 𝘴𝘦𝘵 𝘧𝘰𝘳𝘵𝘩 𝘩𝘦𝘳𝘦𝘪𝘯 𝘪𝘴 𝘧𝘰𝘳 𝘪𝘯𝘧𝘰𝘳𝘮𝘢𝘵𝘪𝘰𝘯𝘢𝘭 𝘱𝘶𝘳𝘱𝘰𝘴𝘦𝘴 𝘰𝘯𝘭𝘺 𝘢𝘯𝘥 𝘥𝘰𝘦𝘴 𝘯𝘰𝘵 𝘤𝘰𝘯𝘴𝘵𝘪𝘵𝘶𝘵𝘦 𝘢𝘯 𝘰𝘧𝘧𝘦𝘳 𝘰𝘧 𝘴𝘦𝘤𝘶𝘳𝘪𝘵𝘪𝘦𝘴 𝘧𝘰𝘳 𝘴𝘢𝘭𝘦 𝘪𝘯 𝘵𝘩𝘦 𝘜𝘯𝘪𝘵𝘦𝘥 𝘚𝘵𝘢𝘵𝘦𝘴 𝘰𝘳 𝘪𝘯 𝘢𝘯𝘺 𝘰𝘵𝘩𝘦𝘳 𝘫𝘶𝘳𝘪𝘴𝘥𝘪𝘤𝘵𝘪𝘰𝘯 𝘪𝘯 𝘸𝘩𝘪𝘤𝘩 𝘴𝘶𝘤𝘩 𝘢𝘯 𝘰𝘧𝘧𝘦𝘳 𝘰𝘳 𝘴𝘰𝘭𝘪𝘤𝘪𝘵𝘢𝘵𝘪𝘰𝘯 𝘪𝘴 𝘶𝘯𝘭𝘢𝘸𝘧𝘶𝘭. 𝘛𝘩𝘦 𝘴𝘦𝘤𝘶𝘳𝘪𝘵𝘪𝘦𝘴 𝘳𝘦𝘧𝘦𝘳𝘳𝘦𝘥 𝘵𝘰 𝘩𝘦𝘳𝘦𝘪𝘯 𝘩𝘢𝘷𝘦 𝘯𝘰𝘵 𝘣𝘦𝘦𝘯 𝘢𝘯𝘥 𝘸𝘪𝘭𝘭 𝘯𝘰𝘵 𝘣𝘦 𝘳𝘦𝘨𝘪𝘴𝘵𝘦𝘳𝘦𝘥 𝘶𝘯𝘥𝘦𝘳 𝘵𝘩𝘦 𝘜𝘯𝘪𝘵𝘦𝘥 𝘚𝘵𝘢𝘵𝘦𝘴 𝘚𝘦𝘤𝘶𝘳𝘪𝘵𝘪𝘦𝘴 𝘈𝘤𝘵 𝘰𝘧 𝟣𝟫𝟥𝟥, 𝘢𝘴 𝘢𝘮𝘦𝘯𝘥𝘦𝘥 (𝘵𝘩𝘦 𝘚𝘦𝘤𝘶𝘳𝘪𝘵𝘪𝘦𝘴 𝘈𝘤𝘵), 𝘰𝘳 𝘵𝘩𝘦 𝘭𝘢𝘸𝘴 𝘰𝘧 𝘢𝘯𝘺 𝘴𝘵𝘢𝘵𝘦, 𝘢𝘯𝘥 𝘮𝘢𝘺 𝘯𝘰𝘵 𝘣𝘦 𝘰𝘧𝘧𝘦𝘳𝘦𝘥 𝘰𝘳 𝘴𝘰𝘭𝘥 𝘸𝘪𝘵𝘩𝘪𝘯 𝘵𝘩𝘦 𝘜𝘯𝘪𝘵𝘦𝘥 𝘚𝘵𝘢𝘵𝘦𝘴, 𝘦𝘹𝘤𝘦𝘱𝘵 𝘱𝘶𝘳𝘴𝘶𝘢𝘯𝘵 𝘵𝘰 𝘢𝘯 𝘦𝘹𝘦𝘮𝘱𝘵𝘪𝘰𝘯 𝘧𝘳𝘰𝘮, 𝘰𝘳 𝘪𝘯 𝘢 𝘵𝘳𝘢𝘯𝘴𝘢𝘤𝘵𝘪𝘰𝘯 𝘯𝘰𝘵 𝘴𝘶𝘣𝘫𝘦𝘤𝘵 𝘵𝘰, 𝘵𝘩𝘦 𝘳𝘦𝘨𝘪𝘴𝘵𝘳𝘢𝘵𝘪𝘰𝘯 𝘳𝘦𝘲𝘶𝘪𝘳𝘦𝘮𝘦𝘯𝘵𝘴 𝘰𝘧 𝘵𝘩𝘦 𝘚𝘦𝘤𝘶𝘳𝘪𝘵𝘪𝘦𝘴 𝘈𝘤𝘵 𝘢𝘯𝘥 𝘢𝘱𝘱𝘭𝘪𝘤𝘢𝘣𝘭𝘦 𝘴𝘵𝘢𝘵𝘦 𝘭𝘢𝘸𝘴. 𝘕𝘰 𝘱𝘶𝘣𝘭𝘪𝘤 𝘰𝘧𝘧𝘦𝘳𝘪𝘯𝘨 𝘰𝘧 𝘴𝘦𝘤𝘶𝘳𝘪𝘵𝘪𝘦𝘴 𝘸𝘪𝘭𝘭 𝘣𝘦 𝘮𝘢𝘥𝘦 𝘪𝘯 𝘵𝘩𝘦 𝘜𝘯𝘪𝘵𝘦𝘥 𝘚𝘵𝘢𝘵𝘦𝘴. 𝘜𝘯𝘵𝘪𝘭 𝟦𝟢 𝘥𝘢𝘺𝘴 𝘢𝘧𝘵𝘦𝘳 𝘵𝘩𝘦 𝘤𝘰𝘮𝘮𝘦𝘯𝘤𝘦𝘮𝘦𝘯𝘵 𝘰𝘧 𝘵𝘩𝘦 𝘰𝘧𝘧𝘦𝘳𝘪𝘯𝘨, 𝘢𝘯 𝘰𝘧𝘧𝘦𝘳 𝘰𝘳 𝘴𝘢𝘭𝘦 𝘰𝘧 𝘴𝘦𝘤𝘶𝘳𝘪𝘵𝘪𝘦𝘴 𝘸𝘪𝘵𝘩𝘪𝘯 𝘵𝘩𝘦 𝘜𝘯𝘪𝘵𝘦𝘥 𝘚𝘵𝘢𝘵𝘦𝘴 𝘣𝘺 𝘢𝘯𝘺 𝘥𝘦𝘢𝘭𝘦𝘳 (𝘸𝘩𝘦𝘵𝘩𝘦𝘳 𝘰𝘳 𝘯𝘰𝘵 𝘱𝘢𝘳𝘵𝘪𝘤𝘪𝘱𝘢𝘵𝘪𝘯𝘨 𝘪𝘯 𝘵𝘩𝘦 𝘰𝘧𝘧𝘦𝘳𝘪𝘯𝘨) 𝘮𝘢𝘺 𝘷𝘪𝘰𝘭𝘢𝘵𝘦 𝘵𝘩𝘦 𝘳𝘦𝘨𝘪𝘴𝘵𝘳𝘢𝘵𝘪𝘰𝘯 𝘳𝘦𝘲𝘶𝘪𝘳𝘦𝘮𝘦𝘯𝘵𝘴 𝘰𝘧 𝘵𝘩𝘦 𝘚𝘦𝘤𝘶𝘳𝘪𝘵𝘪𝘦𝘴 𝘈𝘤𝘵 𝘪𝘧 𝘴𝘶𝘤𝘩 𝘰𝘧𝘧𝘦𝘳 𝘰𝘳 𝘴𝘢𝘭𝘦 𝘪𝘴 𝘮𝘢𝘥𝘦 𝘰𝘵𝘩𝘦𝘳𝘸𝘪𝘴𝘦 𝘵𝘩𝘢𝘯 𝘪𝘯 𝘢𝘤𝘤𝘰𝘳𝘥𝘢𝘯𝘤𝘦 𝘸𝘪𝘵𝘩 𝘙𝘶𝘭𝘦 𝟣𝟦𝟦𝘈 𝘶𝘯𝘥𝘦𝘳 𝘵𝘩𝘦 𝘚𝘦𝘤𝘶𝘳𝘪𝘵𝘪𝘦𝘴 𝘈𝘤𝘵.

𝘛𝘩𝘦 𝘮𝘢𝘵𝘦𝘳𝘪𝘢𝘭 𝘴𝘦𝘵 𝘧𝘰𝘳𝘵𝘩 𝘩𝘦𝘳𝘦𝘪𝘯 𝘪𝘴 𝘯𝘰𝘵 𝘣𝘦𝘪𝘯𝘨 𝘥𝘪𝘴𝘵𝘳𝘪𝘣𝘶𝘵𝘦𝘥 𝘵𝘰, 𝘢𝘯𝘥 𝘮𝘶𝘴𝘵 𝘯𝘰𝘵 𝘣𝘦 𝘱𝘢𝘴𝘴𝘦𝘥 𝘰𝘯 𝘵𝘰, 𝘵𝘩𝘦 𝘨𝘦𝘯𝘦𝘳𝘢𝘭 𝘱𝘶𝘣𝘭𝘪𝘤 𝘪𝘯 𝘵𝘩𝘦 𝘜𝘯𝘪𝘵𝘦𝘥 𝘒𝘪𝘯𝘨𝘥𝘰𝘮. 𝘛𝘩𝘦 𝘮𝘢𝘵𝘦𝘳𝘪𝘢𝘭 𝘴𝘦𝘵 𝘧𝘰𝘳𝘵𝘩 𝘩𝘦𝘳𝘦𝘪𝘯 𝘩𝘢𝘴 𝘯𝘰𝘵 𝘣𝘦𝘦𝘯 𝘢𝘱𝘱𝘳𝘰𝘷𝘦𝘥 𝘣𝘺 𝘵𝘩𝘦 𝘜𝘒 𝘍𝘪𝘯𝘢𝘯𝘤𝘪𝘢𝘭 𝘊𝘰𝘯𝘥𝘶𝘤𝘵 𝘈𝘶𝘵𝘩𝘰𝘳𝘪𝘵𝘺 𝘰𝘳 𝘢𝘯 𝘢𝘶𝘵𝘩𝘰𝘳𝘪𝘴𝘦𝘥 𝘱𝘦𝘳𝘴𝘰𝘯 (𝘢𝘴 𝘥𝘦𝘧𝘪𝘯𝘦𝘥 𝘪𝘯 𝘍𝘪𝘯𝘢𝘯𝘤𝘪𝘢𝘭 𝘚𝘦𝘳𝘷𝘪𝘤𝘦𝘴 𝘢𝘯𝘥 𝘔𝘢𝘳𝘬𝘦𝘵𝘴 𝘈𝘤𝘵 𝟤𝟢𝟢𝟢 (𝘢𝘴 𝘢𝘮𝘦𝘯𝘥𝘦𝘥, 𝘍𝘚𝘔𝘈)) 𝘧𝘰𝘳 𝘥𝘪𝘴𝘵𝘳𝘪𝘣𝘶𝘵𝘪𝘰𝘯. 𝘛𝘩𝘪𝘴 𝘮𝘢𝘵𝘦𝘳𝘪𝘢𝘭 𝘴𝘦𝘵 𝘧𝘰𝘳𝘵𝘩 𝘩𝘦𝘳𝘦𝘪𝘯 𝘪𝘴 𝘰𝘯𝘭𝘺 𝘣𝘦𝘪𝘯𝘨 𝘥𝘪𝘴𝘵𝘳𝘪𝘣𝘶𝘵𝘦𝘥 𝘵𝘰 𝘢𝘯𝘥 𝘪𝘴 𝘰𝘯𝘭𝘺 𝘥𝘪𝘳𝘦𝘤𝘵𝘦𝘥 𝘢𝘵, 𝘪𝘧 𝘵𝘩𝘦 𝘥𝘪𝘴𝘵𝘳𝘪𝘣𝘶𝘵𝘪𝘰𝘯 𝘪𝘴 𝘣𝘦𝘪𝘯𝘨 𝘦𝘧𝘧𝘦𝘤𝘵𝘦𝘥 𝘣𝘺 𝘢 𝘱𝘦𝘳𝘴𝘰𝘯 𝘸𝘩𝘰 𝘪𝘴 𝘯𝘰𝘵 𝘢𝘯 𝘢𝘶𝘵𝘩𝘰𝘳𝘪𝘴𝘦𝘥 𝘱𝘦𝘳𝘴𝘰𝘯 𝘶𝘯𝘥𝘦𝘳 𝘍𝘚𝘔𝘈, 𝘰𝘯𝘭𝘺 𝘵𝘩𝘦 𝘧𝘰𝘭𝘭𝘰𝘸𝘪𝘯𝘨 𝘱𝘦𝘳𝘴𝘰𝘯𝘴: (𝘪) 𝘱𝘦𝘳𝘴𝘰𝘯𝘴 𝘸𝘩𝘰 𝘢𝘳𝘦 𝘪𝘯𝘷𝘦𝘴𝘵𝘮𝘦𝘯𝘵 𝘱𝘳𝘰𝘧𝘦𝘴𝘴𝘪𝘰𝘯𝘢𝘭𝘴 𝘢𝘴 𝘥𝘦𝘧𝘪𝘯𝘦𝘥 𝘪𝘯 𝘈𝘳𝘵𝘪𝘤𝘭𝘦 𝟣𝟫(𝟧) 𝘰𝘧 𝘵𝘩𝘦 𝘍𝘪𝘯𝘢𝘯𝘤𝘪𝘢𝘭 𝘚𝘦𝘳𝘷𝘪𝘤𝘦𝘴 𝘢𝘯𝘥 𝘔𝘢𝘳𝘬𝘦𝘵 𝘈𝘤𝘵 𝟤𝟢𝟢𝟢 (𝘍𝘪𝘯𝘢𝘯𝘤𝘪𝘢𝘭 𝘗𝘳𝘰𝘮𝘰𝘵𝘪𝘰𝘯) 𝘖𝘳𝘥𝘦𝘳 𝟤𝟢𝟢𝟧 (𝘵𝘩𝘦 𝘖𝘳𝘥𝘦𝘳); (𝘪𝘪) 𝘱𝘦𝘳𝘴𝘰𝘯𝘴 𝘧𝘢𝘭𝘭𝘪𝘯𝘨 𝘸𝘪𝘵𝘩𝘪𝘯 𝘢𝘯𝘺 𝘰𝘧 𝘵𝘩𝘦 𝘤𝘢𝘵𝘦𝘨𝘰𝘳𝘪𝘦𝘴 𝘰𝘧 𝘱𝘦𝘳𝘴𝘰𝘯𝘴 𝘥𝘦𝘴𝘤𝘳𝘪𝘣𝘦𝘥 𝘪𝘯 𝘈𝘳𝘵𝘪𝘤𝘭𝘦 𝟦𝟫(𝟤) (𝘢) 𝘵𝘰 (𝘥) 𝘰𝘧 𝘵𝘩𝘦 𝘖𝘳𝘥𝘦𝘳; 𝘢𝘯𝘥 (𝘪𝘪𝘪) 𝘢𝘯𝘺 𝘰𝘵𝘩𝘦𝘳 𝘱𝘦𝘳𝘴𝘰𝘯 𝘵𝘰 𝘸𝘩𝘰𝘮 𝘪𝘵 𝘮𝘢𝘺 𝘰𝘵𝘩𝘦𝘳𝘸𝘪𝘴𝘦 𝘭𝘢𝘸𝘧𝘶𝘭𝘭𝘺 𝘣𝘦 𝘮𝘢𝘥𝘦 𝘪𝘯 𝘢𝘤𝘤𝘰𝘳𝘥𝘢𝘯𝘤𝘦 𝘸𝘪𝘵𝘩 𝘵𝘩𝘦 𝘖𝘳𝘥𝘦𝘳 (𝘢𝘭𝘭 𝘴𝘶𝘤𝘩 𝘱𝘦𝘳𝘴𝘰𝘯𝘴 𝘣𝘦𝘪𝘯𝘨 𝘳𝘦𝘧𝘦𝘳𝘳𝘦𝘥 𝘵𝘰 𝘢𝘴 𝘳𝘦𝘭𝘦𝘷𝘢𝘯𝘵 𝘱𝘦𝘳𝘴𝘰𝘯𝘴). 𝘛𝘩𝘦 𝘴𝘦𝘤𝘶𝘳𝘪𝘵𝘪𝘦𝘴 𝘢𝘳𝘦 𝘰𝘯𝘭𝘺 𝘢𝘷𝘢𝘪𝘭𝘢𝘣𝘭𝘦 𝘵𝘰, 𝘢𝘯𝘥 𝘢𝘯𝘺 𝘪𝘯𝘷𝘪𝘵𝘢𝘵𝘪𝘰𝘯, 𝘰𝘧𝘧𝘦𝘳 𝘰𝘳 𝘢𝘨𝘳𝘦𝘦𝘮𝘦𝘯𝘵 𝘵𝘰 𝘴𝘶𝘣𝘴𝘤𝘳𝘪𝘣𝘦, 𝘱𝘶𝘳𝘤𝘩𝘢𝘴𝘦 𝘰𝘳 𝘰𝘵𝘩𝘦𝘳𝘸𝘪𝘴𝘦 𝘢𝘤𝘲𝘶𝘪𝘳𝘦 𝘵𝘩𝘦 𝘴𝘦𝘤𝘶𝘳𝘪𝘵𝘪𝘦𝘴 𝘸𝘪𝘭𝘭 𝘣𝘦 𝘦𝘯𝘨𝘢𝘨𝘦𝘥 𝘪𝘯 𝘰𝘯𝘭𝘺 𝘸𝘪𝘵𝘩, 𝘳𝘦𝘭𝘦𝘷𝘢𝘯𝘵 𝘱𝘦𝘳𝘴𝘰𝘯𝘴. 𝘈𝘯𝘺 𝘱𝘦𝘳𝘴𝘰𝘯 𝘸𝘩𝘰 𝘪𝘴 𝘯𝘰𝘵 𝘢 𝘳𝘦𝘭𝘦𝘷𝘢𝘯𝘵 𝘱𝘦𝘳𝘴𝘰𝘯 𝘴𝘩𝘰𝘶𝘭𝘥 𝘯𝘰𝘵 𝘢𝘤𝘵 𝘰𝘳 𝘳𝘦𝘭𝘺 𝘰𝘯 𝘵𝘩𝘦 𝘮𝘢𝘵𝘦𝘳𝘪𝘢𝘭 𝘴𝘦𝘵 𝘧𝘰𝘳𝘵𝘩 𝘩𝘦𝘳𝘦𝘪𝘯.

𝘈𝘯𝘺 𝘪𝘯𝘷𝘦𝘴𝘵𝘮𝘦𝘯𝘵 𝘥𝘦𝘤𝘪𝘴𝘪𝘰𝘯 𝘸𝘪𝘵𝘩 𝘳𝘦𝘴𝘱𝘦𝘤𝘵 𝘵𝘰 𝘵𝘩𝘦 𝘴𝘦𝘤𝘶𝘳𝘪𝘵𝘪𝘦𝘴 𝘴𝘩𝘰𝘶𝘭𝘥 𝘣𝘦 𝘮𝘢𝘥𝘦 𝘴𝘰𝘭𝘦𝘭𝘺 𝘰𝘯 𝘵𝘩𝘦 𝘣𝘢𝘴𝘪𝘴 𝘰𝘧 𝘵𝘩𝘦 𝘧𝘪𝘯𝘢𝘭 𝘵𝘦𝘳𝘮𝘴 𝘢𝘯𝘥 𝘤𝘰𝘯𝘥𝘪𝘵𝘪𝘰𝘯𝘴 𝘰𝘧 𝘵𝘩𝘦 𝘴𝘦𝘤𝘶𝘳𝘪𝘵𝘪𝘦𝘴 𝘢𝘯𝘥 𝘵𝘩𝘦 𝘪𝘯𝘧𝘰𝘳𝘮𝘢𝘵𝘪𝘰𝘯 𝘤𝘰𝘯𝘵𝘢𝘪𝘯𝘦𝘥 𝘪𝘯 𝘵𝘩𝘦 𝘉𝘢𝘴𝘦 𝘖𝘧𝘧𝘦𝘳𝘪𝘯𝘨 𝘊𝘪𝘳𝘤𝘶𝘭𝘢𝘳 𝘱𝘳𝘦𝘱𝘢𝘳𝘦𝘥 𝘣𝘺 𝘵𝘩𝘦 𝘐𝘴𝘴𝘶𝘦𝘳 𝘪𝘯 𝘤𝘰𝘯𝘯𝘦𝘤𝘵𝘪𝘰𝘯 𝘸𝘪𝘵𝘩 𝘵𝘩𝘦 𝘰𝘧𝘧𝘦𝘳𝘪𝘯𝘨 𝘰𝘧 𝘵𝘩𝘦 𝘴𝘦𝘤𝘶𝘳𝘪𝘵𝘪𝘦𝘴 (𝘪𝘯𝘤𝘭𝘶𝘥𝘪𝘯𝘨, 𝘸𝘪𝘵𝘩𝘰𝘶𝘵 𝘭𝘪𝘮𝘪𝘵𝘢𝘵𝘪𝘰𝘯, 𝘵𝘩𝘦 𝘳𝘪𝘴𝘬 𝘧𝘢𝘤𝘵𝘰𝘳𝘴 𝘤𝘰𝘯𝘵𝘢𝘪𝘯𝘦𝘥 𝘵𝘩𝘦𝘳𝘦𝘪𝘯). 𝘐𝘯 𝘢𝘥𝘥𝘪𝘵𝘪𝘰𝘯, 𝘢𝘯𝘺 𝘳𝘦𝘤𝘪𝘱𝘪𝘦𝘯𝘵 𝘴𝘩𝘰𝘶𝘭𝘥 𝘤𝘰𝘯𝘴𝘶𝘭𝘵 𝘵𝘩𝘦 𝘉𝘢𝘴𝘦 𝘖𝘧𝘧𝘦𝘳𝘪𝘯𝘨 𝘊𝘪𝘳𝘤𝘶𝘭𝘢𝘳 𝘧𝘰𝘳 𝘮𝘰𝘳𝘦 𝘤𝘰𝘮𝘱𝘭𝘦𝘵𝘦 𝘪𝘯𝘧𝘰𝘳𝘮𝘢𝘵𝘪𝘰𝘯 𝘢𝘣𝘰𝘶𝘵 𝘵𝘩𝘦 𝘴𝘦𝘤𝘶𝘳𝘪𝘵𝘪𝘦𝘴.

𝘔𝘪𝘍𝘐𝘋 𝘐𝘐 𝘱𝘳𝘰𝘥𝘶𝘤𝘵 𝘨𝘰𝘷𝘦𝘳𝘯𝘢𝘯𝘤𝘦 / 𝘗𝘳𝘰𝘧𝘦𝘴𝘴𝘪𝘰𝘯𝘢𝘭 𝘪𝘯𝘷𝘦𝘴𝘵𝘰𝘳𝘴 𝘢𝘯𝘥 𝘌𝘊𝘗𝘴 𝘰𝘯𝘭𝘺 𝘵𝘢𝘳𝘨𝘦𝘵 𝘮𝘢𝘳𝘬𝘦𝘵 – 𝘔𝘢𝘯𝘶𝘧𝘢𝘤𝘵𝘶𝘳𝘦𝘳 𝘵𝘢𝘳𝘨𝘦𝘵 𝘮𝘢𝘳𝘬𝘦𝘵 (𝘔𝘪𝘍𝘐𝘋 𝘐𝘐 𝘱𝘳𝘰𝘥𝘶𝘤𝘵 𝘨𝘰𝘷𝘦𝘳𝘯𝘢𝘯𝘤𝘦) 𝘪𝘴 𝘦𝘭𝘪𝘨𝘪𝘣𝘭𝘦 𝘤𝘰𝘶𝘯𝘵𝘦𝘳𝘱𝘢𝘳𝘵𝘪𝘦𝘴 𝘢𝘯𝘥 𝘱𝘳𝘰𝘧𝘦𝘴𝘴𝘪𝘰𝘯𝘢𝘭 𝘤𝘭𝘪𝘦𝘯𝘵𝘴 𝘰𝘯𝘭𝘺 (𝘢𝘭𝘭 𝘥𝘪𝘴𝘵𝘳𝘪𝘣𝘶𝘵𝘪𝘰𝘯 𝘤𝘩𝘢𝘯𝘯𝘦𝘭𝘴).

𝘜𝘒 𝘔𝘪𝘍𝘐𝘙 𝘱𝘳𝘰𝘥𝘶𝘤𝘵 𝘨𝘰𝘷𝘦𝘳𝘯𝘢𝘯𝘤𝘦 / 𝘗𝘳𝘰𝘧𝘦𝘴𝘴𝘪𝘰𝘯𝘢𝘭 𝘪𝘯𝘷𝘦𝘴𝘵𝘰𝘳𝘴 𝘢𝘯𝘥 𝘌𝘊𝘗𝘴 𝘰𝘯𝘭𝘺 𝘵𝘢𝘳𝘨𝘦𝘵 𝘮𝘢𝘳𝘬𝘦𝘵 – 𝘔𝘢𝘯𝘶𝘧𝘢𝘤𝘵𝘶𝘳𝘦𝘳 𝘵𝘢𝘳𝘨𝘦𝘵 𝘮𝘢𝘳𝘬𝘦𝘵 (𝘜𝘒 𝘔𝘪𝘍𝘐𝘙 𝘱𝘳𝘰𝘥𝘶𝘤𝘵 𝘨𝘰𝘷𝘦𝘳𝘯𝘢𝘯𝘤𝘦) 𝘪𝘴 𝘦𝘭𝘪𝘨𝘪𝘣𝘭𝘦 𝘤𝘰𝘶𝘯𝘵𝘦𝘳𝘱𝘢𝘳𝘵𝘪𝘦𝘴 𝘢𝘯𝘥 𝘱𝘳𝘰𝘧𝘦𝘴𝘴𝘪𝘰𝘯𝘢𝘭 𝘤𝘭𝘪𝘦𝘯𝘵𝘴 𝘰𝘯𝘭𝘺 (𝘢𝘭𝘭 𝘥𝘪𝘴𝘵𝘳𝘪𝘣𝘶𝘵𝘪𝘰𝘯 𝘤𝘩𝘢𝘯𝘯𝘦𝘭𝘴).

𝘋𝘦𝘶𝘵𝘴𝘤𝘩𝘦 𝘉𝘢𝘯𝘬 𝘈𝘬𝘵𝘪𝘦𝘯𝘨𝘦𝘴𝘦𝘭𝘭𝘴𝘤𝘩𝘢𝘧𝘵 𝘪𝘴 𝘢𝘶𝘵𝘩𝘰𝘳𝘪𝘴𝘦𝘥 𝘶𝘯𝘥𝘦𝘳 𝘎𝘦𝘳𝘮𝘢𝘯 𝘉𝘢𝘯𝘬𝘪𝘯𝘨 𝘓𝘢𝘸 (𝘤𝘰𝘮𝘱𝘦𝘵𝘦𝘯𝘵 𝘢𝘶𝘵𝘩𝘰𝘳𝘪𝘵𝘺: 𝘌𝘶𝘳𝘰𝘱𝘦𝘢𝘯 𝘊𝘦𝘯𝘵𝘳𝘢𝘭 𝘉𝘢𝘯𝘬). 𝘐𝘵 𝘪𝘴 𝘴𝘶𝘣𝘫𝘦𝘤𝘵 𝘵𝘰 𝘴𝘶𝘱𝘦𝘳𝘷𝘪𝘴𝘪𝘰𝘯 𝘣𝘺 𝘵𝘩𝘦 𝘌𝘶𝘳𝘰𝘱𝘦𝘢𝘯 𝘊𝘦𝘯𝘵𝘳𝘢𝘭 𝘉𝘢𝘯𝘬 𝘢𝘯𝘥 𝘣𝘺 𝘉𝘢𝘍𝘪𝘯, 𝘎𝘦𝘳𝘮𝘢𝘯𝘺’𝘴 𝘍𝘦𝘥𝘦𝘳𝘢𝘭 𝘍𝘪𝘯𝘢𝘯𝘤𝘪𝘢𝘭 𝘚𝘶𝘱𝘦𝘳𝘷𝘪𝘴𝘰𝘳𝘺 𝘈𝘶𝘵𝘩𝘰𝘳𝘪𝘵𝘺. 𝘌𝘮𝘪𝘳𝘢𝘵𝘦𝘴 𝘕𝘉𝘋 𝘊𝘢𝘱𝘪𝘵𝘢𝘭 𝘪𝘴 𝘳𝘦𝘨𝘶𝘭𝘢𝘵𝘦𝘥 𝘣𝘺 𝘵𝘩𝘦 𝘋𝘶𝘣𝘢𝘪 𝘍𝘪𝘯𝘢𝘯𝘤𝘪𝘢𝘭 𝘚𝘦𝘳𝘷𝘪𝘤𝘦𝘴 𝘈𝘶𝘵𝘩𝘰𝘳𝘪𝘵𝘺. 𝘌𝘢𝘤𝘩 𝘰𝘧 𝘊𝘪𝘵𝘪𝘨𝘳𝘰𝘶𝘱 𝘎𝘭𝘰𝘣𝘢𝘭 𝘔𝘢𝘳𝘬𝘦𝘵𝘴 𝘓𝘪𝘮𝘪𝘵𝘦𝘥 𝘢𝘯𝘥 𝘚𝘵𝘢𝘯𝘥𝘢𝘳𝘥 𝘊𝘩𝘢𝘳𝘵𝘦𝘳𝘦𝘥 𝘉𝘢𝘯𝘬 𝘪𝘴 𝘢𝘶𝘵𝘩𝘰𝘳𝘪𝘴𝘦𝘥 𝘢𝘯𝘥 𝘴𝘶𝘱𝘦𝘳𝘷𝘪𝘴𝘦𝘥 𝘣𝘺 𝘵𝘩𝘦 𝘜𝘯𝘪𝘵𝘦𝘥 𝘒𝘪𝘯𝘨𝘥𝘰𝘮 𝘗𝘳𝘶𝘥𝘦𝘯𝘵𝘪𝘢𝘭 𝘙𝘦𝘨𝘶𝘭𝘢𝘵𝘪𝘰𝘯 𝘈𝘶𝘵𝘩𝘰𝘳𝘪𝘵𝘺 𝘢𝘯𝘥 𝘪𝘴 𝘴𝘶𝘣𝘫𝘦𝘤𝘵 𝘵𝘰 𝘳𝘦𝘨𝘶𝘭𝘢𝘵𝘪𝘰𝘯 𝘣𝘺 𝘵𝘩𝘦 𝘜𝘯𝘪𝘵𝘦𝘥 𝘒𝘪𝘯𝘨𝘥𝘰𝘮 𝘍𝘪𝘯𝘢𝘯𝘤𝘪𝘢𝘭 𝘊𝘰𝘯𝘥𝘶𝘤𝘵 𝘈𝘶𝘵𝘩𝘰𝘳𝘪𝘵𝘺 𝘢𝘯𝘥 𝘗𝘳𝘶𝘥𝘦𝘯𝘵𝘪𝘢𝘭 𝘙𝘦𝘨𝘶𝘭𝘢𝘵𝘪𝘰𝘯 𝘈𝘶𝘵𝘩𝘰𝘳𝘪𝘵𝘺. 𝘐𝘯 𝘚𝘪𝘯𝘨𝘢𝘱𝘰𝘳𝘦, 𝘔𝘜𝘍𝘎 𝘚𝘦𝘤𝘶𝘳𝘪𝘵𝘪𝘦𝘴 𝘈𝘴𝘪𝘢 𝘓𝘪𝘮𝘪𝘵𝘦𝘥, 𝘚𝘪𝘯𝘨𝘢𝘱𝘰𝘳𝘦 𝘉𝘳𝘢𝘯𝘤𝘩 𝘪𝘴 𝘢𝘶𝘵𝘩𝘰𝘳𝘪𝘴𝘦𝘥 𝘢𝘯𝘥 𝘳𝘦𝘨𝘶𝘭𝘢𝘵𝘦𝘥 𝘣𝘺 𝘵𝘩𝘦 𝘔𝘰𝘯𝘦𝘵𝘢𝘳𝘺 𝘈𝘶𝘵𝘩𝘰𝘳𝘪𝘵𝘺 𝘰𝘧 𝘚𝘪𝘯𝘨𝘢𝘱𝘰𝘳𝘦.

[Kamran Haider @eureka51214]

#Pakistan Air Expands #London Operation to 7 Flights-a-Week

#PIA London Flight Operation Expansion to Begin from Oct.

Pakistan Air Currently Operates 4 Flight-a-Week

#Airlines
#Europe

[Kamran Haider @eureka51214]

Cos submit expression of interests for #Pakistan FESCO #Privatization include 2/2

Aktor Elektrik Enerji Yatirimlari San. Ve Tic. A.S.
Genvera Enerji A.S.
Cengiz Enerji Sanayii Ve Ticaret A.S.
Engro Energy Limited
Sapphire Fibres Limited
Hub Power Holdings Consortium (Lucky Cement, Kohat Cement and Metro Ventures)
Shirazi Investments (Pvt) Limited
Maple Leaf Cement Factory Limited Consortium (Kohinoor Textile Mills)
Pakgen Limited Consortium (Nishat Mills, Nishat Power, Nishat Chunian, Lalpir, Pak Elektron and Kohinoor Energy)
Artistic Milliners (Pvt) Limited

[Kamran Haider @eureka51214]

Breaking News:
#Pakistan Gets 12 Bids For Faisalabad Electric Supply CO’s Stake Sale

Pakistan #Privatization Commission Board Approves Pre-qualification of Interested Bidders

#IMF wants Pakistan to restructure its energy sector to stop massive financial leakages

[Kamran Haider @eureka51214]

#Pakistan says is open for state-level dialogue proposed by #Afghan Taliban regime to curb cross-border militants’ infiltration

Pakistan says sustainability of any anti-militant mechanism depends on “tangible” Taliban regime’s “actions rather than mere assurances”

Taliban regime interior minister Haqqani reported said they are ready to take anti-militant actions on Pakistan’s evidences

#militancy #conflict #peace #SouthAsia

[Khurram Schehzad @kschehzad]

𝗣𝗮𝗸𝗶𝘀𝘁𝗮𝗻 𝗥𝗲𝗰𝗼𝗿𝗱𝘀 𝗦𝘁𝗿𝗼𝗻𝗴𝗲𝘀𝘁 𝗙𝗶𝘀𝗰𝗮𝗹 𝗣𝗲𝗿𝗳𝗼𝗿𝗺𝗮𝗻𝗰𝗲 𝗶𝗻 𝟮𝟮 𝗬𝗲𝗮𝗿𝘀

Pakistan has closed FY2025-26 with a historic strengthening of its public finances — marking a decisive shift from recurring fiscal stress toward discipline, stability and sustainable growth.

The fiscal deficit fell to just 𝟮.𝟲% 𝗼𝗳 𝗚𝗗𝗣 — 𝘁𝗵𝗲 𝗹𝗼𝘄𝗲𝘀𝘁 𝗶𝗻 𝟮𝟮 𝘆𝗲𝗮𝗿𝘀 — while the primary surplus reached a 𝗿𝗲𝗰𝗼𝗿𝗱 𝟮.𝟵% 𝗼𝗳 𝗚𝗗𝗣, 𝘁𝗵𝗲 𝗵𝗶𝗴𝗵𝗲𝘀𝘁 𝘀𝗶𝗻𝗰𝗲 𝗮𝘁 𝗹𝗲𝗮𝘀𝘁 𝗙𝗬𝟮𝟬𝟬𝟬-𝟬𝟭.

𝗔 𝗛𝗶𝘀𝘁𝗼𝗿𝗶𝗰 𝗙𝗶𝘀𝗰𝗮𝗹 𝗧𝘂𝗿𝗻𝗮𝗿𝗼𝘂𝗻𝗱 — 𝗙𝗿𝗼𝗺 𝗥𝗲𝗰𝗼𝗿𝗱 𝗗𝗲𝗳𝗶𝗰𝗶𝘁 𝗶𝗻 𝗙𝗬𝟮𝟮 𝘁𝗼 𝗮 𝟮𝟮-𝗬𝗲𝗮𝗿 𝗟𝗼𝘄

Pakistan has now delivered 𝘁𝗵𝗿𝗲𝗲 𝗰𝗼𝗻𝘀𝗲𝗰𝘂𝘁𝗶𝘃𝗲 𝘆𝗲𝗮𝗿𝘀 𝗼𝗳 𝗽𝗿𝗶𝗺𝗮𝗿𝘆 𝘀𝘂𝗿𝗽𝗹𝘂𝘀𝗲𝘀:

- FY24: +0.9% of GDP
- FY25: +2.4%
- 𝗙𝗬𝟮𝟲: +𝟮.𝟵% — 𝗿𝗲𝗰𝗼𝗿𝗱 𝗵𝗶𝗴𝗵

At the same time, the fiscal deficit has fallen sharply:

- FY22: 7.9% of GDP — highest since FY2000-01
- FY23: 7.8%
- FY24: 6.8%
- FY25: 5.4%
- 𝗙𝗬𝟮𝟲: 𝟮.𝟲% — 𝗹𝗼𝘄𝗲𝘀𝘁 𝗶𝗻 𝟮𝟮 𝘆𝗲𝗮𝗿𝘀

In just three years, the fiscal deficit has improved by 𝟱.𝟮 𝗽𝗲𝗿𝗰𝗲𝗻𝘁𝗮𝗴𝗲 𝗽𝗼𝗶𝗻𝘁𝘀 𝗼𝗳 𝗚𝗗𝗣, while the primary balance has swung by 𝟯.𝟵 𝗽𝗲𝗿𝗰𝗲𝗻𝘁𝗮𝗴𝗲 𝗽𝗼𝗶𝗻𝘁𝘀 — from a 1.0% deficit to a record 2.9% surplus.

𝗥𝗲𝘃𝗲𝗻𝘂𝗲 𝗨𝗽. 𝗗𝗲𝗳𝗶𝗰𝗶𝘁 𝗗𝗼𝘄𝗻. 𝗙𝗶𝘀𝗰𝗮𝗹 𝗦𝗽𝗮𝗰𝗲 𝗥𝗲𝗯𝘂𝗶𝗹𝗱𝗶𝗻𝗴.

FY26 revenues reached 𝗥𝘀𝟭𝟵.𝟴 𝘁𝗿𝗶𝗹𝗹𝗶𝗼𝗻, including 𝗥𝘀𝟭𝟰.𝟮 𝘁𝗿𝗶𝗹𝗹𝗶𝗼𝗻 in tax revenues, while disciplined expenditure management helped deliver the strongest fiscal outcome in decades.

Interest payments fell to around 𝗥𝘀𝟲.𝟵𝟱 𝘁𝗿𝗶𝗹𝗹𝗶𝗼𝗻 from Rs8.9 trillion a year earlier — a reduction of nearly Rs2 trillion. Interest payments also declined from around 𝟲𝟭% of total revenues in FY24 to 𝟯𝟱% in FY26, materially improving fiscal capacity.

Development expenditure and net lending reached Rs3.25 trillion.

The result: a fiscal deficit of Rs3.31 trillion, alongside a record primary surplus of Rs3.63 trillion.

This is not simply deficit reduction. It reflects a fundamental strengthening of Pakistan’s fiscal position — driven by stronger revenues, expenditure discipline and sustained reforms.

𝗙𝗿𝗼𝗺 𝗙𝗶𝘀𝗰𝗮𝗹 𝗩𝘂𝗹𝗻𝗲𝗿𝗮𝗯𝗶𝗹𝗶𝘁𝘆 𝘁𝗼 𝗙𝗶𝘀𝗰𝗮𝗹 𝗦𝘁𝗿𝗲𝗻𝗴𝘁𝗵

Persistent fiscal deficits have historically been one of Pakistan’s biggest macroeconomic vulnerabilities — adding to debt, financing requirements, inflationary pressures and external imbalances.

𝗧𝗵𝗮𝘁 𝗰𝘆𝗰𝗹𝗲 𝗶𝘀 𝗯𝗲𝗶𝗻𝗴 𝗯𝗿𝗼𝗸𝗲𝗻.

Three consecutive primary surpluses and sharply lower deficits are now translating into stronger debt dynamics. Debt growth has slowed to a 20-year low, debt-to-GDP has declined to around 68%, and debt servicing costs have fallen materially.

This means lower financing pressure, improving debt sustainability and greater fiscal space for development.

𝗦𝘁𝗿𝗼𝗻𝗴𝗲𝗿 𝗙𝗶𝘀𝗰𝗮𝗹𝘀. 𝗦𝘁𝗿𝗼𝗻𝗴𝗲𝗿 𝗦𝘁𝗮𝗯𝗶𝗹𝗶𝘁𝘆. 𝗦𝘁𝗿𝗼𝗻𝗴𝗲𝗿 𝗚𝗿𝗼𝘄𝘁𝗵.

The fiscal turnaround is reinforcing Pakistan’s broader macroeconomic stabilization.

Lower fiscal imbalances, improving debt dynamics, stronger external accounts and rebuilding reserves are reducing vulnerabilities and strengthening sovereign credibility.

The progress is also being externally recognized. S&P upgraded Pakistan's sovereign rating from B- to B with a Stable Outlook in July 2026, specifically recognizing faster fiscal consolidation, stronger revenue mobilization, rebuilding reserves and declining government debt-to-GDP.

Together, these improvements provide a stronger foundation for investment, development and sustainable, inclusive growth.

1/2

[Kamran Haider @eureka51214]

#Pakistan Says #MakkahAccord with #KSA & #Turkiya Isn't Offensive in Nature NOR Against Any Country Amid Suspicions that the Pact May Hurt #Iran that is in Conflict with the #US.
Pakistan Says Any Regional State Can Join the Troika for Peace& Stability.
Pakistan Already Signed a Similar Defence Accord with KSA in 2025, Months Before #US-#Israel Strikes Against Tehran that targeted US bases in Saudi Arabia & other Gulf in retaliation
Pakistan has been leading Peace efforts between warring US & Iran since Feb.
#Peace #Conflict #MiddleEast
#Gulf

[Ishaq Dar @MIshaqDar50]

In the light of ongoing discussion and interest surrounding the “Makkah Joint Defence Agreement” (The Makkah Accord) over the past two days, the following context and clarity on this Agreement may be useful for everyone to note:

• The Makkah Joint Defence Agreement, jointly signed by Pakistan, Saudi Arabia and Türkiye in Makkah Mukaramma on Friday 7th August 2026, reflects the depth of the brotherly relations between the leadership and peoples of the three countries.

• The Makkah Accord is the culmination of years of discussions and coordination, with a common desire to strengthen strategic cooperation in addressing multifarious peace and security challenges and advancing regional peace, stability and prosperity.

• The Makkah Accord does not abrogate or replace any existing bilateral or multilateral agreements between these countries, or with other countries or organisations.

• Any external armed attack on any one of the three countries will be considered as an attack on all, consistent with the inherent right of individual and collective self-defence under Article 51 of the UN Charter.

• The Makkah Accord is purely defensive in nature. It is not targeted against any country and its sole purpose is to further strengthen our ongoing efforts towards peace, stability and prosperity in the wider region.

• The Makkah Accord remains open to any country in the region willing to uphold its fundamental principles and resolve differences through mutual respect, cooperation and peaceful means.

• The Makkah Accord is consistent with the fundamental pillars of our foreign policy, Pakistan looks forward to continuing to work closely with all brotherly countries in the region towards lasting peace and stability. We remain committed to advancing the cause of peaceful resolution of all conflicts and building a more secure, stable and prosperous future for our peoples.

[Ishaq Dar @MIshaqDar50]

In the light of ongoing discussion and interest surrounding the “Makkah Joint Defence Agreement” (The Makkah Accord) over the past two days, the following context and clarity on this Agreement may be useful for everyone to note:

• The Makkah Joint Defence Agreement, jointly signed by Pakistan, Saudi Arabia and Türkiye in Makkah Mukaramma on Friday 7th August 2026, reflects the depth of the brotherly relations between the leadership and peoples of the three countries.

• The Makkah Accord is the culmination of years of discussions and coordination, with a common desire to strengthen strategic cooperation in addressing multifarious peace and security challenges and advancing regional peace, stability and prosperity.

• The Makkah Accord does not abrogate or replace any existing bilateral or multilateral agreements between these countries, or with other countries or organisations.

• Any external armed attack on any one of the three countries will be considered as an attack on all, consistent with the inherent right of individual and collective self-defence under Article 51 of the UN Charter.

• The Makkah Accord is purely defensive in nature. It is not targeted against any country and its sole purpose is to further strengthen our ongoing efforts towards peace, stability and prosperity in the wider region.

• The Makkah Accord remains open to any country in the region willing to uphold its fundamental principles and resolve differences through mutual respect, cooperation and peaceful means.

• The Makkah Accord is consistent with the fundamental pillars of our foreign policy, Pakistan looks forward to continuing to work closely with all brotherly countries in the region towards lasting peace and stability. We remain committed to advancing the cause of peaceful resolution of all conflicts and building a more secure, stable and prosperous future for our peoples.