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GSP plus status for Pakistan will be protected "at every cost", says Pakistan’s finance minister Muhammad Aurangzeb while commenting on Europeon commission’s report which expressed serious reservations about human rights situation in Pakistan. Pakistan’s finance minister however revealed that he had not yet read the Europeon Commission’s GSP +...

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Saudi Arabia Announces USD 3 Billion Additional Support, Extends USD 5 Billion Deposit: Finance Minister Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, has informed that the Kingdom of Saudi Arabia has committed USD 3 billion in additional deposits, with disbursement expected in the coming week. He further stated that the existing USD 5 billion Saudi deposit would no longer remain subject to the earlier annual rollover arrangement and would instead be extended for a longer period. The Finance Minister made the annoucement while talking to members of the media in Washington, D.C., on the sidelines of the World Bank–IMF Spring Meetings 2026, and shared important details regarding Saudi financial support for Pakistan and the government’s external financing strategy. Senator Aurangzeb said this support comes at a critical time for Pakistan’s external financing needs and would help reinforce foreign exchange reserves and strengthen the country’s external account. He reiterated the government’s commitment to maintaining reserves in line with its obligations to markets and under the IMF-supported programme, including the objective of achieving around USD 18 billion in reserves, equivalent to approximately 3.3 months of import cover, by the end of the fiscal year. The Finance Minister noted that Pakistan had successfully repaid its USD 1.4 billion Eurobond last week, describing it as a “non-event,” and reaffirmed that the government remained fully committed to meeting all upcoming external obligations and maturities on time. He emphasized that Pakistan’s external financing plan is clearly defined and being implemented in a responsible and disciplined manner. Referring to his engagements in Washington, Senator Aurangzeb said that he, along with the Governor, State Bank of Pakistan and Pakistan’s Ambassador to the United States, had held a detailed meeting with Saudi Finance Minister H.E. Mohammed bin Abdullah Al-Jadaan. He recalled that he had also met the Saudi Finance Minister in Islamabad the previous Friday, but noted that the government had deliberately refrained from commenting publicly in the absence of formal communication, despite media reports and speculation, as such matters required clarity and joint understanding before being shared. The Finance Minister expressed profound gratitude to the leadership of the Kingdom of Saudi Arabia, particularly His Royal Highness Crown Prince Mohammed bin Salman, Saudi Finance Minister H.E. Mohammed bin Abdullah Al-Jadaan, and the Saudi Vice Finance Minister, for their continued support and close cooperation. He particularly appreciated the efforts made to bring the support package to fruition. Senator Aurangzeb also acknowledged the role of Pakistan’s political and economic leadership in securing and operationalizing the support. He thanked the Prime Minister of Pakistan, the Field Marshal, the Deputy Prime Minister, the Governor, State Bank of Pakistan, the Finance Secretary Mr. Imdad Ullah Bosal, and their respective teams for their contributions and coordination. The Finance Minister stated that, at this juncture, sentiment and confidence were critically important. He said Pakistan was receiving unprecedented appreciation from international financial institutions, the IMF, the World Bank, institutional investors, and counterparts he was meeting in Washington. He noted that the international community was particularly recognizing Pakistan’s recent diplomatic and facilitative role in helping enable dialogue between parties that had not held face-to-face discussions for decades. He said this international appreciation, coupled with Saudi Arabia’s timely financial support, provided Pakistan with important momentum and confidence going forward, both for the economy and for the external account, including its commercial dimensions. Senator Aurangzeb further noted that Pakistan was advancing its broader external financing agenda, including the recently announced Global Medium-Term Note (GMTN) programme and the planned inaugural Panda Bond issuance, as part of efforts to diversify funding sources and strengthen market access. The Finance Minister concluded by reaffirming the government’s commitment to macroeconomic stability, fulfillment of external obligations, reform continuity, and sustained engagement with bilateral and multilateral partners. He said a more detailed interaction with the media would take place at the conclusion of the visit.

Ministry of Finance, Government of Pakistan

216,209 views • 5 months ago

Islamabad: June 1, 2026. H.E. Ms. Kaja Kallas, European Union’s High Representative for Foreign Affairs and Security Policy and Vice-President of the European Commission, called on Prime Minister Muhammad Shehbaz Sharif, at the Prime Minister House today. Deputy Prime Minister & Foreign Minister Sen. Mohammad Ishaq Dar, Minister for Law, Justice and Human Rights Sen. Azam Nazeer Tarar, Attorney General of Pakistan Mr. Mansoor Usman Awan, SAPM Tariq Fatemi and other senior officials were also present. The Prime Minister welcomed the EU High Representative and stated that Pakistan was keen to further strengthen the multifaceted partnership between Pakistan and the European Union. While expressing satisfaction at the 8th round of the EU-Pakistan Strategic Dialogue held earlier today, the Prime Minister reaffirmed Pakistan’s commitment to enhancing cooperation with the EU in key areas including trade and investment, climate change, security, migration, sustainable development, and connectivity. In this regard, the Prime Minister highlighted the important role of GSP+ in ensuring stronger trade ties between Pakistan and the EU. Discussions also focused on the regional and international situation. The Prime Minister thanked the EU leadership for its strong support for Pakistan’s peace efforts in the Gulf region. He said that Deputy Prime Minister Ishaq Dar and Field Marshal Syed Asim Munir were playing a crucial role in these efforts. He laid special emphasis on the need for the international community, including the EU to work collectively to ensure lasting peace in the region. The Prime Minister also shared Pakistan’s perspective on the regional situation in South Asia, as well as on Afghanistan, with the EU High Representative. He also conveyed his best wishes to EU Council President Antonio Costa as well as to EU Commission President Ms. Ursula von der Leyen and reiterated his cordial invitations to both leaders to visit Pakistan soon. EU High Representative Kallas appreciated the role played by Pakistan for regional peace and conveyed the EU’s strong interest in deepening strategic engagement with Pakistan.

Prime Minister's Office

20,040 views • 4 months ago

#WATCH | Goa: Former MoS MEA, MJ Akbar says, "Pakistan's Prime Minister Shehbaz Sharif is worried about every single drop of water on the Indus, saying it is a red line. The message from India is different. Every single drop of Indian blood lost to terrorism sponsored by Pakistan needs accountability; Pakistan has to give an answer. Blood and water will not flow together. The full truth about Pakistan has been exposed by a very major Pakistani leader, Maulana Fazlur Rehman, head of the Jamait, who has told the Pakistani government, the prime minister, as well as the real chief of Pakistan, their field marshal, Asim Munir, who is the head of the armed forces, he has told them to first gargle before they say anything because he hints that the voices have become unclean with the untruth. The truth about Pakistan, which he has exposed himself, is that more than 80% of Balochistan today is out of control and governance of Islamabad. 80% of Balochistan is virtually independent. It is free. It is certainly outside the control of Pakistan. In the last 24 hours, Pakistan has bombed Pakistan in Balochistan. The fact of the matter is that Pakistan is crumbling on its Independence Day. It has become what I have described in my book as a jelly state, which will neither be stable nor will it disappear. The truth about Pakistan is known to those who have suffered the brutality of the Pakistan army in Pakistan-occupied Kashmir, in Khyber and Pakhtunkhwa, and in Sindh. This truth is known to the Pakistani people. Pakistan is on the edge."

ANI

55,444 views • 1 month ago

ISLAMABAD: 10 April 2026. Prime Minister’s Meeting with H.E. Mohammed bin Abdullah Al-Jadaan, Finance Minister of the Kingdom of Saudi Arabia. His Excellency Mohammed bin Abdullah Al-Jadaan, Finance Minister of the Kingdom of Saudi Arabia, who was on a one-day visit to Islamabad called on Prime Minister Muhammad Shehbaz Sharif at the Prime Minister House this evening. Deputy Prime Minister and Foreign Minister Muhammad Ishaq Dar and Chief of Defence Forces Field Marshal Syed Asim Munir also attended the meeting. Welcoming the Saudi dignitary, the Prime Minister conveyed his respectful regards to The Custodian of the Two Holy Mosques, His Majesty King Salman bin Abdulaziz Al Saud, and His Royal Highness Crown Prince Mohammed bin Salman bin Abdulaziz Al Saud. The Prime Minister fondly recalled his recent warm and cordial telephone conversation with His Royal Highness the Crown Prince. He expressed appreciation for the Crown Prince’s deep affection towards Pakistan as well as for the Kingdom's longstanding economic and financial support to Pakistan over the years, that had played a vital role in Pakistan's economic stability. The Prime Minister reiterated that the people and Government of Pakistan had always stood shoulder to shoulder with their Saudi brothers and sisters at all times, and this was an abiding bond between both countries, that had grown stronger under the patronage of His Royal Highness the Crown Prince. The Prime Minister emphasized Pakistan’s strong commitment to expanding its cooperation with the Kingdom in all spheres, particularly in trade, investment, and economic development. The Saudi Finance Minister thanked the Prime Minister and reaffirmed the resolve of the Kingdom of Saudi Arabia to further strengthen the longstanding deep-rooted fraternal bonds between Pakistan and Saudi Arabia, as envisioned by His Royal Highness Crown Prince Mohammed bin Salman.

Prime Minister's Office

309,455 views • 5 months ago