US says committed to promoting climate-smart agriculture, private sector-led growth in Pakistan

In this picture taken on September 1, 2022 a boy picks cotton in a field at Sammu Khan Bhanbro village in Sukkur, Pakistan's Sindh province. (AFP/File_
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Updated 22 November 2022
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US says committed to promoting climate-smart agriculture, private sector-led growth in Pakistan

  • Envoy Blome on visit to Karachi on November 17 and 18 to strengthen economic, health ties
  • Says committed to boosting bilateral trade, investment through US-Pakistan Green Alliance framework

KARACHI: United States Ambassador to Pakistan Donald Blome has vowed to boost bilateral trade and investment between Pakistan and Washington through a new ‘green alliance’ framework, a statement from the US embassy said on Tuesday.

Blome was on a visit to Karachi on November 17 and 18 to strengthen economic partnership and public health cooperation.

During his visit, Blome met with representatives of the American Business Council and the Agha Khan University Hospital, and visited a KFC-funded school for the deaf.

“I am committed to boosting bilateral trade and investment, especially through a new framework called the US-Pakistan Green Alliance that seeks to promote climate-smart agriculture and private sector-led growth in Pakistan,” Bloom was quoted as saying in the statement.




US Ambassador to Pakistan Donald Blome (center) pictured during his visit to Aga Khan University Hospital in Karachi on November 17, 2022. (Photo courtesy: US Consulate)

About his meeting with officials at Aga Khan University Hospital, the ambassador said the US remained committed to expanding health care cooperation with Pakistan.

“Ambassador Blome visited a KFC-funded school for the Deaf community and ate lunch at one of the KFC establishments that hires differently abled workers,” the statement said.

“He was impressed to see that KFC not only donated to the flood-relief efforts, but that it is taking corporate responsibility to heart by creating meaningful job opportunities for the hard-of-hearing and leading the way on inclusivity.”

The United States is Pakistan’s largest bilateral trade partner and one of its largest sources of foreign direct investment, with US investment in Pakistan increasing more than 50 percent in the past year.

The United States government has contributed $97 million to flood-relief efforts to date, while the US private sector and citizens have separately donated more than $32 million.

“The US government is dedicated to expanding the full range of the US-Pakistan relationship including education, people-to-people ties, clean energy, and health-related cooperation,” the embassy said.

“Together we can promote a more stable, secure, and prosperous future for both our nations.”


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

Updated 01 January 2026
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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. 

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.