Pakistan’s trade deficit has seen a significant increase in February, with exports decreasing by 25% compared to January, according to the statistics released by the Pakistan Bureau of Statistics (PBS). The trade deficit has risen to 8.4% on a monthly basis, reaching $2.98 billion. In the first six months of the current fiscal year, exports have increased by 10.52%.
According to the PBS, the total exports in July to December period stood at $16.56 billion. The trade deficit has increased by 25% from $25 billion to $31.25 billion in eight months. The current fiscal year has seen a 7.3% decrease in exports and an 8.1% increase in imports.
The leader of the Jamiat Ulema-e-Islam (JUI), Maulana Fazlur Rehman, visited the Iranian embassy in Islamabad. The Defense Minister, Khawaja Asif, said that Netanyahu’s attack on Iran was an attempt to divert international attention from Gaza. Prime Minister Shehbaz Sharif has called a meeting of parliamentary leaders to discuss the global situation.
The Chairman of the Pakistan Tehreek-e-Insaf (PTI), Barrister Gohar, said that the Prime Minister has not made a decision to leave the country. In his words, “God forbid, the founder of Eid should be released from prison before Eid.” According to him, the whole situation seems to be heading towards more instability in the region. He emphasized that the issue needs to be resolved through a large-scale economic program with a clear understanding of the situation.
The Federal Minister for Information has announced that 188 Afghan Taliban checkpoints have been destroyed, and 31 have been occupied. This is a part of the ongoing operation in Torkham, Paktia. The Minister for Interior, Rana Sanaullah, said that until women are not free from their slavery, a political party cannot be formed.
The Pakistan Army has successfully responded to the Afghan Taliban’s attack on a checkpoint, killing several terrorists. The security forces have also issued an alert for Pakistani citizens in Saudi Arabia. The Pakistani embassy in Riyadh has advised citizens to remain calm and follow the instructions of the Saudi government.
The sister of the PTI founder has stated that all parliamentary leaders will be invited to the meeting. She emphasized that treatment is more important than meeting the founder.
Recently, reports have been circulating on social media and mainstream media claiming that the Pakistan Airspace has been “partially closed” for commercial flights. However, this is a completely false and misleading report. According to officials, the family members of the PTI founder have been taken out of Adiala Jail.
A domestic help in Lahore’s Nishat Colony area has been accused of stealing valuables worth 8 million rupees from her employer’s house. In a separate incident, a person who was injured during the chaos outside the American Consulate in Karachi has succumbed to his injuries.
According to the Met Office, this week will see clear skies and bright sunshine during the day. The leader of the Iranian Revolution Guard Corps has stated that Majid bin Reza took over the position two days after the assassination of the former Defense Minister, Amir Nasir Zada.
The United Arab Emirates has stated that it will not allow its airspace to be used for an attack on Iran. The Congress party leader, Sonia Gandhi, has said that the Indian government has ignored its long-time ally, Iran. The Qatari Foreign Ministry has stated that Iran did not inform them about the missile attacks before they occurred.
Russia has warned that the ongoing war in Iran could lead to an increase in the production of nuclear weapons in the region. The UAE has stated that it will not compromise on its sovereignty and territorial integrity.
