Prime Minister Shehbaz Sharif arrived in Riyadh today for a two-day official visit to Saudi Arabia, marking another chapter in the enduring partnership between the two nations. This visit comes amid shared regional challenges and opportunities for collaboration, underscoring Pakistan’s commitment to strengthening ties with the Kingdom. Upon his arrival at King Khalid International Airport, Prime Minister Sharif was received by Riyadh’s Deputy Governor, Prince Muhammad bin Abdulrahman bin Abdulaziz, alongside Pakistan’s Ambassador to Saudi Arabia, Ahmed Farooq, and senior Saudi officials. The warm reception highlighted the strategic importance of Pakistan-Saudi relations. Agenda of the Visit During this visit, Prime Minister Sharif will participate in the One Water Summit , a critical platform that brings together global leaders to address water security issues. Organized in collaboration with Saudi Arabia, France, Kazakhstan, and the World Bank, the summit aims to develop s...
The Pakistan Tehreek-e-Insaf (PTI) party has requested the International Monetary Fund (IMF) to factor in Pakistan's ongoing political instability in any future negotiations regarding an economic bailout package. According to sources within PTI who spoke to Reuters, the party has sent a letter to the IMF outlining its position on the matter. While details of the letter have not yet been publicly disclosed, PTI indicates more information will be shared in due course. The IMF has confirmed receiving no such communication as yet. A Fund spokesperson noted last week that the current priority is completion of the existing $3 billion Stand-By Arrangement agreed upon last summer. However, the IMF stated it stands ready to support Pakistan's incoming government through a new program if requested. This comes after PTI Chairman Imran Khan urged the IMF to conduct an independent audit of Pakistan's disputed February general elections prior to approving additional funds. Khan has qu...