ISLAMABAD: The inaugural sessions of the three newly elected provincial assemblies were convened on Monday in which members-elect of Khyber Pakhtunkhwa (KP), Sindh, and Balochistan assemblies took the oath.
The Punjab Assembly session is slated for Aug. 15.
Speaker Agha Siraj Durrani administered the oath to the newly elected members of Sindh Assembly in Karachi.
The Pakistan People’s Party, a majority party in Sindh, has nominated Durrani as the speaker of the newly elected provincial assembly for a second term.
A senior lawmaker, Sardar Aurangzeb, administered the oath to newly elected members of KP Assembly.
Pakistan Threek-e-Insaf (PTI), being the majority party in KP, is all set to form the government in the province.
In Pakistan’s Southwestern province of Balochistan, Raheela Durrani administered the oath to the newly elected members.
Balochistan Awami Party and PTI will form a coalition government in Balochistan.
The elections for the slots of new speakers and deputy speakers of the provincial assemblies will be held on Wednesday.
KP, Sindh, Balochistan legislatures administer oath to new members
KP, Sindh, Balochistan legislatures administer oath to new members
- Members-elect of Khyber Pakhtunkhwa (KP), Sindh, and Balochistan assemblies took the oath in the inaugural sessions of the provincial legislatures
- Inaugural session of Punjab assembly will be held on Aug. 15
Pakistan expands crypto engagement with appearance at Mar-a-Lago finance forum
- Pakistan Virtual Assets Regulatory Authority Chairman Bilal bin Saqib attends World Liberty Financial event at Trump’s Mar-a-Lago estate
- Discussions focused on future of global financial infrastructure, digital assets, stablecoins, capital markets innovation, says Saqib’s office
ISLAMABAD: Pakistan Virtual Assets Regulatory Authority (PVARA) Chairman and Minister of State Bilal bin Saqib joined global finance leaders at an event hosted by World Liberty Financial, a crypto venture linked to US President Donald Trump’s family, Saqib’s office said on Thursday.
The event was hosted by World Liberty Financial, a crypto-based finance platform launched in September 2024 linked to Trump’s family. According to Saqib’s office, the gathering was held at Mar-a-Lago, the private estate and club owned by Trump in Florida.
Speakers and attendees at the event included David Solomon, chairman and CEO of Goldman Sachs, Adena Friedman, chairperson and CEO of Nasdaq as well as Lynn Martin, president of the New York Stock Exchange, Saqib’s office said. The event was organized and hosted by Eric Trump and American businesspersons Zach Witkoff and Alex Witkoff.
“Discussions focused on the future of global financial infrastructure, digital assets, stablecoins, capital markets innovation and the evolving relationship between regulation and emerging financial technologies,” the statement said.
It said Saqib’s attendance at the event reflected Pakistan’s growing engagement with global discussions shaping the next phase of financial and technological transformation.
“As Pakistan moves toward modernizing its financial infrastructure and strengthening its position in the global digital economy, such high-level engagements signal increasing international recognition of the country’s regulatory direction and leadership,” the statement added.
Last month, Pakistan signed a memorandum of understanding with a company affiliated with World Liberty Financial to explore the use of a dollar-linked stablecoin for cross-border payments.
Pakistan has stepped up efforts recently to regulate its digital asset sector and is exploring digital currency initiatives as part of broader measures to reduce cash usage.
