ISLAMABAD: Prime Minister Shehbaz Sharif on Thursday applauded his economic team for crafting the federal budget 2025-26 and directed strict law and order arrangements across the country during the holy month of Muharram, beginning Friday.
Presiding over a federal cabinet meeting, PM Shehbaz thanked Finance Minister Muhammad Aurangzeb and his team for their “tireless efforts” in preparing the new fiscal budget.
He also appreciated the support of the federal cabinet and allied political parties in finalising the finance bill, which was approved with several amendments to existing laws.
Call for Peace and Stability
The prime minister stressed the importance of maintaining peace during Muharram.
He instructed the interior ministry to coordinate with provincial governments, as well as administrations in Gilgit-Baltistan and Azad Jammu and Kashmir, to ensure secure processions and gatherings.
The meeting began with prayers for Major Moeez Abbas Shah, who was martyred during an anti-terror operation in South Waziristan.
Addressing regional matters, PM Shehbaz welcomed the ceasefire between Iran and Israel, describing it as a vital step to avoid further escalation.
He credited countries like Saudi Arabia and Pakistan for their diplomatic efforts.
He noted that Iran acknowledged Pakistan’s role—thanking its people, military, and leadership for promoting peace.
He condemned the recent Iranian attack on Qatar, reiterating Pakistan’s close ties with the Gulf nation.
Economic and Foreign Affairs Updates
PM Shehbaz expressed satisfaction over fiscal strategies and informed the cabinet about recent decisions made by the National Security Committee.
A new committee was also formed to provide recommendations on gas production and supply, which will be shared with the Supreme Court.
The federal cabinet approved transferring petroleum levy powers to the petroleum ministry.
Phone Call with US Secretary of State
The prime minister also held a phone conversation with US Secretary of State Marco Rubio.
He praised US President Donald Trump’s leadership in resolving the Iran-Israel conflict and thanked Rubio for America’s role in easing Pakistan-India tensions.
Both sides agreed to deepen bilateral ties, particularly in trade, and reaffirmed joint efforts for peace in the Middle East.
