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PM Sharif, Saudi crown prince discuss bilateral ties, Gaza situation

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While there, PM Shehbaz Sharif and the Crown Prince had a discussion and the Saudi leadership was commended on the well-run WEF Special Meeting and the superb arrangements made by the hosts.

The bilateral relations between the two Islamic nations and the Gaza issue were also topics of discussion during the meeting.

The prime minister prayed and wished His Majesty King Salman bin Abdulaziz Al Saud, the custodian of the two holy mosques, good health and a long life. Apart from the bilateral relationship, the conversation also encompassed the regional circumstances, namely concerning the Gaza conflict.

Crown Prince Mohammed bin Salman was once again extended an invitation by Prime Minister Shehbaz Sharif to make an official visit to Pakistan as soon as possible.

The Prime Minister congratulated the Crown Prince for sending a high-ranking delegation headed by Foreign Minister Prince Faisal bin Farhan bin Abdullah to Pakistan, recalling their previous meeting in Makkah during his Ramadan visit to Saudi Arabia.

The group and their Pakistani colleagues had long discussions about how to improve the Saudi investment portfolio in Pakistan.

In order to carry on the conversation, HE stated that he had sent a powerful group to Riyadh, which included important Ministers in charge of investments, in order to arrange follow-up meetings amongst pertinent officials.

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Maintaining Fertiliser Price Stability: The Need for a Continuous Gas Supply to the Fertiliser Sector

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To guarantee fertiliser price stability, a cabinet committee meeting was presided over by Senator Muhammad Ishaq Dar, the deputy prime minister.

Senior government officials, including Industries Minister Rana Tanveer Hussain, attended the meeting.

The attendees received an update on the government’s, gas suppliers’, and fertiliser industry’s conversations. Additionally, the gas supply for the fertiliser sector was evaluated and determined to be adequate.

Throughout the Rabi cropping season, the Deputy Prime Minister ordered the fertiliser industry to maintain a continuous gas supply in order to guarantee steady production and stock levels.

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Fifth Straight Cut: PM Applauds SBP’s Policy Rate Reduction

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Prime Minister Muhammad Shehbaz Sharif has praised the State Bank of Pakistan’s decision to lower its policy rate by an additional 2 percent, stating that the bank’s current 13 percent rate is encouraging for the nation’s economy.

He expressed optimism in a statement that the policy rate cut would encourage investment and further boost investor confidence in the country’s economy.

The prime minister said that decreasing the inflation rate also lowered the policy rate and that future inflation rate reductions will be even more pronounced.

Additionally, he expressed gratitude to the Federal Finance Minister and other officials for their work in this area.

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GHQ Attack Case: Prosecution Seeks Bail Cancellation of CM KP & Other Accused, Indicts 9 More

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25 defendants, including PTI officials, have non-bailable arrest warrants issued by the Anti Terrorism Court of Rawalpindi for their failure to show up for court proceedings related to the GHQ attack case.

Judge Amjad Ali Shah added nine more suspects to the GHQ attack indictment list during today’s ATC Court sessions, bringing the total to 98.

Among the 61 defendants who appeared in court were Shah Mehmud Qureshi and the founder of the PTI.

Among those charged are Khadim Hussain Khokhar, Mehr Mohammad Javed, Chaudhary Asif, Zakir Ullah, Azeem Ullah, Shireen Mazatri, Major Retired Tahir Sadiq, and former MPA Rashid Hafeez.

A plea to cancel the bail of 23 suspects, including Chief Minister Khyber Pakhtunkhwa, has also been filed by the prosecution side.

In the GHQ attack, there were 119 accused in total.

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