CM Punjab rewards Pakistani Olympic gold medalist Arshad Nadeem with car, Rs100 million

Punjab Chief Minister Maryam Nawaz Sharif (right) meets Olympic gold medalist Arshad Nadeem in his hometown, Mian Channu, Pakistan on August 13, 2024. (@pmln_org/X)
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Updated 13 August 2024
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CM Punjab rewards Pakistani Olympic gold medalist Arshad Nadeem with car, Rs100 million

  • Maryam Nawaz visits Nadeem’s home in Mian Channu city to pay tribute to Pakistan’s star javelin thrower
  • Nadeem bagged Olympic gold medal, Pakistan’s first in 40 years, last Thursday with a record 92.97-meter throw

ISLAMABAD: Punjab Chief Minister Maryam Nawaz Sharif presented a cheque of Rs100 million [$359,049] and gifted a car to Olympic gold medalist Arshad Nadeem on Tuesday, paying tribute to his recent triumph at the prestigious international competition. 

Nadeem grabbed headlines last Thursday when he bagged Pakistan’s first individual gold medal in the men’s javelin throw competition during the Paris Olympics 2024. He threw the javelin at a distance of 92.97 meters, a new Olympic record to knock former Olympic champion Neeraj Chopra to second position. 

Following Nadeem’s triumph at the Olympics, Pakistani politicians announced cash rewards and honors for the star javelin thrower. Karachi Mayor Murtaza Wahab announced a Rs50,000,000 [$179,524] cash award for Nadeem and promised to establish an athletics academy named after the Olympian.

Pakistan President Asif Ali Zardari on Saturday announced he would award the country’s highest civilian honor, the Hilal-e-Imtiaz, to Nadeem in a special ceremony.

Chief Minister Sharif arrived at Nadeem’s home in the eastern city of Mian Channu in Khanewal district, where she was accorded a warm welcome. Sharif met Nadeem’s family members at his house and clicked selfies with them. 

“Punjab Chief Minister Maryam Nawaz Sharif presented a cheque of Rs100 million and the key to a Honda Civic car “92.97” to Nadeem,” the ruling Pakistan Muslim League-Nawaz (PML-N) party, of whom Sharif is a senior member, wrote on social media platform X. 




The picture posted on the PML-N X account shows a number plate reading “92.97” of a Honda Civic car gifted by Punjab Chief Minister Maryam Nawaz Sharif to Olympic gold medalist Arshad Nadeem in Mian Channu, Pakistan, on August 13, 2024. (@pmln_org/X).

The chief minister also presented Nadeem’s coach Salman Iqbal Butt a cheque of Rs5 million [$17,952] and lauded him for training the Pakistani star javelin thrower.

Nadeem is the son of a daily wage laborer who never had access to proper training facilities. His brother told international wire agency Reuters that he and Nadeem initially trained with improvised homemade javelins made by using long eucalyptus branches with iron tips on their ends. 

The star athlete was still training with substandard javelins months before the Paris Olympics until a last-minute appeal saw the Pakistani government intervene to sponsor his equipment. 

Nadeem is a 10-time international medalist who secured fifth position at the 2020 Tokyo Olympics. The Pakistani star athlete won silver at the World Championships last year and gold at the Commonwealth Games in 2022, where he broke the 90-meter barrier for the first time with a 90.18-meter throw. 


Pakistan seeks operationalization of World Bank’s $20 billion framework to advance reform priorities

Updated 25 February 2026
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Pakistan seeks operationalization of World Bank’s $20 billion framework to advance reform priorities

  • Pakistan’s finance chief meets World Bank Country Director Bolormaa Amgaabazar in the capital
  • The Bank’s 10-year Country Partnership Agreement for Pakistan was approved in January last year

ISLAMABAD: Pakistan’s Finance Minister Muhammad Aurangzeb on Wednesday called for the operationalization of the World Bank Country Partnership Framework (CPF) to advance the government’s key reform priorities during a meeting with the Bank’s country director, according to a statement.

The Bank’s Board of Directors approved a 10-year CPF deal with Pakistan, indicating $20 billion in financing for Pakistan under the framework. The amount will include public and private financing from the World Bank Group, with roughly half expected to come from private-sector operations led by the International Finance Corporation (IFC).

“The Finance Minister emphasized the importance of effective operationalization of the CPF, particularly in priority areas such as population management and climate change,” the finance ministry said in a statement after Aurangzeb’s meeting with the Bank’s Country Director Bolormaa Amgaabazar.

“He underscored the need for strong coordination between federal and provincial governments to ensure coherence in policy design and implementation.”

Discussions focused on population, human capital development, climate resilience, agricultural reform and energy sector sustainability, it added.

The ministry said both sides exchanged views on enhancing institutional coordination, improving transparency in project design and strengthening monitoring mechanisms to deliver intended outcomes. It highlighted that the World Bank expressed readiness to continue supporting agricultural transformation efforts in collaboration with the IFC.

“Both sides agreed to continue technical-level engagements to explore feasible solutions in line with Pakistan’s reform agenda and fiscal framework,” the finance ministry added.

Climate resilience and population control are major concerns for policymakers in Pakistan, a country whose population exceeds 241 million, making it the world’s sixth-most populous country. Limited infrastructure, health care, and educational opportunities place added strain on public services, contributing to unemployment and poverty.

The South Asian nation is also among the countries most affected by climate change. Unusually heavy monsoon rains in 2022 killed more than 1,700 people and caused over $30 billion in damages. Torrential rains and floods since late June last year have claimed more than 1,000 lives, as authorities continue surveys to assess the full extent of the destruction.