Cambridge board agrees to reschedule O Level exams in Pakistan 

Students sit for a final exam in Swat, Pakistan, on March 29, 2018. (AFP/ File)
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Updated 26 March 2021
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Cambridge board agrees to reschedule O Level exams in Pakistan 

  • A Level exams to take place as per schedule, education minister announces
  • Educational institutes in COVID-19 hotspot cities to remain closed until April 11

ISLAMABAD: Pakistani education minister Shafqat Mahmood said late on Thursday night that the Cambridge International Examination (CIE) board had agreed to reschedule O level exams in Pakistan to after May 15 in light of a growing number of coronavirus cases.
Earlier this week, Mahmood announced that all education institutions located in areas with high coronavirus positivity rates would remain closed until April 11 as a third wave of the disease builds in the country.
“After detailed discussions, Cambridge has agreed to reschedule ‘O’ level exams to after May 15. Details will be shared later by them,” Mahmood said on Twitter. “However, ‘A’ and ‘As’ level exams will take place as per the original timetable, following all the SOPs. Wishing everyone success in the exams.”

Earlier in the day, Mahmood tweeted: “Educational institutions are closed on the advice of health authorities. Decisions about exams are being made considering what is best for them. Have faith.”

At a press conference on Wednesday, Mahmood said the government was aware that closing schools was affecting children’s education “but we are also concerned about their health.”
The government had already announced a two-week spring break for education institutes in Peshawar, Islamabad and several cities of Punjab province earlier this month to bring the rising number of COVID-19 infections under control.
The break was scheduled to end on March 26, but federal and provincial authorities decided to review the situation as the number of active coronavirus cases doubled in the last three weeks and the positivity ratio shot above eight percent.
In a separate statement on Monday, Mahmood said he was not in favor of shutting down education institutes but the government believed there was a high risk of coronavirus spreading in schools.
“50 million children are linked with education,” he said, “and if someone got infected, the disease would spread.”


Pakistani stocks breach 176,000 points barrier as investors expect further rate cuts

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Pakistani stocks breach 176,000 points barrier as investors expect further rate cuts

  • Pakistani financial analyst attributes surge to falling inflation, investors expecting further policy rate cuts
  • Pakistan’s finance ministry said Thursday that inflation had slowed to 5.6 percent year-on-year in December 

KARACHI: Pakistani stocks continued their bullish run on Thursday, breaching the 176,000 points barrier for the first time after trading ended, with analysts attributing the surge to investors expecting further cuts in the policy rate. 

The KSE-100 benchmark gained 2,301.17 points at close of business on Thursday, marking an increase of 1.32 percent to settle at 176,355.49 points. 

Pakistan’s central bank cut its key policy rate by 50 basis points to 10.5 percent last ‌month, breaking a four-meeting ‌hold in a move ‌that ⁠surprised ​markets. Pakistan’s consumer price inflation slowed to 5.6 percent year-on-year in December, while prices fell on a monthly basis as per data from the finance ministry. 

“Upbeat data for consumer price index (CPI) inflation at 5.6pc in December 2025 [with] investors expecting a further State Bank of Pakistan rate cuts on falling inflation data,” Ahsan Mehanti, CEO of Arif Habib Commodities Ltd., told Arab News. 

The stock market witnessed a trading volume of 1,402.650 million shares, with a traded value of Rs48.424 billion ($173 million), compared with 957.239 million shares valued at Rs44.231 billion ($158 million) during the previous session.

Topline Securities, a leading brokerage firm in Pakistan, credited the surge to strong buying at the first session.

“This positivity can be accredited to buying by local institutions on the start of the new calendar year,” it said. 

https://x.com/toplinesec/status/2006690862483624136

Pakistan’s Finance Adviser Khurram Schehzad highlighted that the bullish trend at the stock market reflected “strong investor confidence.”

“With lower inflation, affordable fuel, stronger reserves, rising digitization and a buoyant capital market, Pakistan’s economic outlook is clearly improving--supporting greater confidence, better investment sentiment and more positive momentum for 2026,” he said on social media platform X.