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New Bill To Cut Interest Rates: KP Commodity Prices And Inflation Drop

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Khyber Pakhtunkhwa residents are pleased with the recent drop in interest rates and indications of the economy’s revival. They pointed out that interest rates had been drastically cut by the government since the previous year.

Moreover, inflation has significantly decreased. One local resident claimed that inflation this year was marginally lower than it was the previous year.

For example, the cost of cement has decreased from 1,700 to 1,500 rupees per bag, and the price of flour has decreased from 200 to 300 rupees per sack.

Residents stress that public responsibility in price setting is a factor in inflation, which is not solely a government problem. It’s anticipated that a recent bill will lower interest rates even more. “We hope this will happen,” said a citizen.

They agreed that even if interest rates were high the previous year, the present cuts are a good start.

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On February 6, 2025, IHC will consider a plea against the X prohibition in Pakistan.

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Chief Justice Aamir Farooq of the Islamabad High Court will hear the lawsuit contesting the social media app X’s ban on February 6, 2025.

Numerous delays have affected the petition, which was last heard on April 17, 2024. Hearings were originally planned for May 2 and June 11, 2024, but those dates were not feasible.

On November 22, 2024, the court granted a miscellaneous application for an early hearing. A hearing date of February 6, 2025, was confirmed by the Registrar Office after Chief Justice Aamir Farooq ordered that the case be rescheduled after the winter break.

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The Prime Minister orders the safe evacuation of Pakistanis from Syria.

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Prime Minister Shehbaz Sharif has ordered the creation of an action plan for the quick and safe evacuation of Pakistanis who want to leave Syria and return through nearby nations.

He stated that measures should be taken to ensure the safe evacuation of Pakistanis from Syria in light of the current circumstances there while presiding over a conference in Islamabad about the subject.

According to him, the government’s first priority is to ensure the safety of Pakistanis living in Syria, and all available resources should be used to achieve this goal.

Additionally, the prime minister directed the Pakistani embassy in Damascus to set up a helpline and information center for Pakistani nationals.

He ordered the Pakistani embassies in Syria and its neighboring countries to maintain their information desks and the Ministry of Foreign Affairs’ crisis management section operating around the clock till the security situation improves.

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PM Offers Condolences to Turkish President for Six Soldiers Killed in Helicopter Crash in Turkey

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Regarding the death of six Turkish troops in a helicopter crash in Isparta, Turkey, Prime Minister Shehbaz Sharif sent Turkish President Tayyip Erdogan his deepest sympathies.

Shehbaz Sharif, the prime minister, posted on social media on Saturday to express his sadness and grief over the deaths of six Turkish troops.

Additionally, he expressed his sympathies to the Turkish people and the families who lost loved ones in the terrible event.

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