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Prime Minister Shehbaz Sharif. PHOTO: FILE Prime Minister Shehbaz Sharif on Thursday announced the electronic signing of the “Islamabad Memorandum of Understanding” between US President Donald Trump and Iranian President Masoud Pezeshkian.  In a post on X, he stated that “the Memorandum has been signed by honourable Presidents of both the countries and also endorsed by … Read more

• Unveils Rs1,089b budget • Achieves Rs45.56b fiscal surplus • Rs90b earmarked for healthcare • Education sees 15% QUETTA: Balochistan on Wednesday unveiled a historic, relief-driven Rs1,089.26 billion surplus budget for fiscal year 2026-27, aiming to strike a balance between strict financial discipline and direct public relief. Presented by Provincial Finance Minister Mir Shoaib Nosherwani … Read more

• 7% increase in salaries and pensions proposed • Rs720b earmarked for uplift schemes • Exemption threshold for agr KARACHI: Sindh Chief Minister Syed Murad Ali Shah presented a Rs3.562 trillion budget for fiscal year 2026-27 against estimated receipts of approximately Rs3.525 trillion, resulting in a projected deficit of about Rs36.9 billion. The budget proposed … Read more

ISLAMABAD: The peace agreement between the United States and Iran is set to be signed at the historic and scenic Bürgenstock Resort in Switzerland, instead of Geneva, on Friday (tomorrow). A special ceremony is will be attended by Prime Minister Shehbaz Sharif, Deputy Prime Minister and Foreign Minister Ishaq Dar, Field Marshal Syed Asim Munir, … Read more

The United States on Wednesday released the official text of the memorandum of understanding reached over the weekend with Iran which spells out provisions for reopening the Strait of Hormuz, easing certain financial restrictions on Iran and sets out expectations for addressing Iran's nuclear programme. Titled the "Islamabad Memorandum of Understanding between the United States … Read more

ISLAMABAD: Seeking to maintain the backing of a crucial coalition partner, Prime Minister Shehbaz Sharif on Wednesday met PPP Chairman Bilawal Bhutto-Zardari to discuss and ease his party’s reservations about the federal budget for fiscal year 2026-27. The meeting came after the PPP chairman reportedly indicated that he would not speak during the ongoing budget … Read more

• US president links deal to stabilisation of energy markets • Issues fresh warning against non-compliance by Tehran EVIAN-LES-BAINS, FRANCE: US President Donald Trump has defended the interim agreement reached with Iran, saying the deal helped avert what could have become a global economic catastrophe while warning that military action could resume if Tehran failed … Read more

Removes ‘Indo’ from title, says decision reflects command’s long history and military heritage in Pacific region WASHINGTON: The US Defence Department announced on Wednesday that the US Indo-Pacific Command (USINDOPACOM) would officially revert to its previous designation, the US Pacific Command (USPACOM), restoring a name that served as the command’s identity for more than seven … Read more

. Sindh Senior Minister Sharjeel Inam Memon termed the Sindh budget for the fiscal year 2026–27 people-friendly, balanced, and reflective of development priorities. In a statement, the minister said the Pakistan Peoples Party-led Sindh government has always placed public welfare, employment, education, healthcare, infrastructure, and economic development at the forefront of its agenda. Sharjeel said … Read more

Israeli settlers set fire to mosques in two West Bank villages on Wednesday, their mayors said, with AFP journalists at one site seeing scorched walls and graffiti. The incident came during a period of increased attacks against Palestinian communities by settlers in the Israeli-occupied West Bank since the start of the Gaza war in 2023. … Read more