ISLAMABAD: Pakistan’s planning minister Ahsan Iqbal met a delegation from the United Kingdom, said an official statement on Thursday, to discuss the possibility of fostering closer ties and enhancing collaboration between the educational institutions in both countries.
British universities are a popular destination for Pakistani students due to the quality of education and the strong historical and cultural ties between the two countries.
Many students from Pakistan go to these educational institutions on scholarships offered by various organizations, such as the British Council, UK government and universities themselves, while others fund their studies independently.
The Pakistani planning minister presented various recommendations during his meeting with the delegation led by Steve Smith, the UK government’s International Education Champion, along with officials of the British High Commission.
He proposed faculty training programs to bolster academic expertise across borders, encouraging UK universities to establish campuses in Pakistan to promote educational accessibility and harnessing the expertise of Pakistani scholars in British universities to develop specialized knowledge clusters on the country.
“Pakistan envisions a future where universities in Pakistan are categorized into the Champions League (having first-tier universities) and the National League (having second-tier universities), driving excellence and accessibility in higher education,” Iqbal said during the meeting.
He highlighted the imperative for joint research initiatives, pointing at the importance of establishing joint research groups and fostering collaborations between PhD scholars from both countries.
The visiting delegation official reaffirmed the British government’s commitment to building international partnerships in education, citing the presence of over 20,000 Pakistani students in his country and 8,000 students who are pursuing degree programs in Pakistan with UK’s financial support.
The two sides also discussed procedural issues while pointing to the need for streamlined regulations, with a particular emphasis on minimizing hurdles for universities and strengthening the link between research institutions and economic growth.
They agreed to hold further dialogue and take concrete action toward implementing the planning minister’s recommendations to further solidify the foundation for enduring academic cooperation between the two countries.
Pakistan’s planning minister discusses enhanced educational ties with UK delegation
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Pakistan’s planning minister discusses enhanced educational ties with UK delegation
- Ahsan Iqbal proposes faculty training, research collaboration and UK campus expansions in Pakistan
- He says UK universities should develop specialized knowledge clusters through Pakistani scholars’ expertise
Pakistan cuts key rate by 50 bps to 10.5% in surprise move after holding for four meetings
- An IMF staff report last week warned against premature easing, with analysts expecting SBP to hold the policy rate
- Inflation remains within the bank’s target band, but analysts expect price pressures to rise later in the fiscal year
KARACHI: Pakistan’s central bank cut its key interest rate by 50 basis points to 10.5 percent on Monday, the bank said on its website, breaking a hold on the rate for four meetings in a move that surprised analysts and came despite IMF warnings to avoid premature easing.
All 12 analysts in a Reuters poll had expected the State Bank of Pakistan (SBP) to hold the policy rate at 11 percent.
Monday’s reduction takes the total easing since rates peaked at 22 percent to 1,150 basis points, after the SBP delivered 1,100 bps of cuts between June 2024 and May 2025 and then held the rate steady for four meetings before Monday’s move.
Inflation edged down to 6.1 percent in November from 6.2 percent in October, within the SBP’s 5 percent–7 percent target band, with analysts expecting it to rise again later in FY26 as base effects fade and food and transport prices stay volatile.
An IMF staff report last week warned against premature easing, calling for policy to remain data-dependent to anchor expectations and rebuild external buffers, even as Pakistan received a $1.2 billion disbursement under its loan program.
