Pakistan Prime Minister Lauds Economic Team for “Balanced Budget”

Thu Jun 26 2025
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Key points

  • Premier welcomes ceasefire between Israel and Iran
  • Shehbaz Sharif terms it a crucial step in avoiding further escalation
  • Says Iran has openly thanked Pakistan for its role in ensuring ceasefire

ISLAMABAD: Pakistan’s Prime Minister Shehbaz Sharif on Thursday lauded the entire economic team, particularly Finance Minister Muhammad Aurangzeb, for their hard work and dedication in preparing the federal budget for the fiscal year 2025-26.

The premier also expressed gratitude to the federal cabinet and the allied political parties for their support in finalising the budget.

A crucial step

Chairing the Cabinet meeting here, the prime minister also spoke on the recent regional developments and welcomed the ceasefire between Israel and Iran, terming it a crucial step in avoiding further escalation and loss.

Shehbaz Sharif thanked God for the peaceful resolution and acknowledged the important role played by various countries in ensuring the ceasefire.

He said Iran openly thanked the people of Pakistan, its political parties, military, and political leadership for their role in the ensuring ceasefire between the two countries.

Ceasefire efforts

“The Iranian leadership specifically named the President of Pakistan—himself, and the Field Marshal—for their contribution to the ceasefire efforts” the prime minister said.

As regards the attack by Iran on Qatar, the prime minister said Pakistan had also issued a condemnation statement, reiterating Pakistan’s strong ties with the brotherly nation.

Muharram ul Haram

Regarding Muharramul Haram, Shehbaz Sharif directed the concerned authorities to ensure strict law and order during processions and majalis across the country. He also instructed the interior minister to coordinate with provincial governments, Gilgit-Baltistan, and Azad Jammu and Kashmir to maintain peace and security during the month.

Earlier, the cabinet offered Fateha for Major Moeez Abbas Shah Shaheed who embraced martyrdom in an operation against the terrorists in South Waziristan.

The prime minister on the occasion, reaffirmed the nation’s resolve in the ongoing war against terrorism.

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