• AED to PKR – Convert UAE Dirhams to Pakistani Rupees
  • CAD to PKR – Convert Canadian Dollars to Pakistani Rupees
  • Economy.pk
  • GBP to PKR – Convert British Pounds to Pakistani Rupees
  • SAR to PKR – Convert Saudi Riyals to Pakistani Rupees
  • USD to PKR – Convert US Dollars to Pakistani Rupees
Thursday, April 16, 2026
  • Login
No Result
View All Result
Economy.pk
  • Business
  • Economy
  • Technology
  • Sports
  • Education
  • Health
  • Politics
  • World
  • Gold Rates
  • Business
  • Economy
  • Technology
  • Sports
  • Education
  • Health
  • Politics
  • World
  • Gold Rates
No Result
View All Result
Economy.pk
No Result
View All Result

PM Shehbaz Sharif Approves Immediate Provision of Rs23 Billion to AJK

by Web Desk
May 13, 2024
in Business, Finance, Pakistan Politics, Politics
0
PM Shehbaz Sharif Approves Immediate Provision of Rs23 Billion to AJK
46
SHARES
4.6k
VIEWS
Share on FacebookX

Prime Minister Shehbaz Sharif took swift action on Monday, approving the immediate provision of Rs23 billion to Azad Jammu and Kashmir (AJK) following recent clashes and protests in the region.

The unrest stemmed from demands put forth by the Jammu Kashmir Joint Awami Action Committee (JAAC), primarily centered around electricity pricing based on hydropower generation cost, subsidized wheat flour, and an end to privileges enjoyed by the elite class.

Tensions escalated when police arrested around 70 activists on May 9 and 10 to thwart a planned long march by the JAAC. This led to serious clashes in Dadyal and a subsequent “shutter-down strike.”

The situation deteriorated further, with fierce clashes erupting between police and protesters in various parts of Muzaffarabad amid a crippling strike.

The following day witnessed violent confrontations, resulting in one police official’s death and over 90 others sustaining injuries as the protest intensified across AJK.

Despite efforts to reach an agreement between the JAAC and the AJK government, talks ended in a stalemate, prompting the resumption of protests, including a march on Muzaffarabad.

President Asif Ali Zardari and Prime Minister Shehbaz pledged to address the legitimate demands of the protesters, urging all parties to seek resolution through dialogue while maintaining restraint.

In response to the unrest, government offices and educational institutions remained closed.

Prime Minister Sharif convened a special meeting in Islamabad, attended by AJK PM Chaudhry Anwarul Haq, local ministers, and key political figures. Federal ministers and coalition party leaders also participated, conducting a thorough review of the situation.

The decision to allocate funds was met with appreciation from AJK leaders and all participants, signaling a step towards addressing the grievances and restoring calm in the region.

Tags: AJKBudget for AJKPM shehbaz sharif
Web Desk

Web Desk

Related Posts

Saudi Arabia pledges $3bn fresh deposit, extends $5bn facility through 2028

Saudi Arabia pledges $3bn fresh deposit, extends $5bn facility through 2028

by Web Desk
April 15, 2026
0

WASHINGTON: Saudi Arabia has pledged an additional $3 billion in deposits for Pakistan and extended its existing $5 billion facility...

Aurangzeb says ‘all options on table’ to replace UAE’s $3.5bn loan, weighs strategic fuel reserve

Aurangzeb says ‘all options on table’ to replace UAE’s $3.5bn loan, weighs strategic fuel reserve

by Web Desk
April 14, 2026
0

Pakistan is exploring multiple financing options, including Eurobonds, loans from friendly countries, and commercial borrowing, to replace a $3.5 billion...

Fitch affirms Pakistan’s credit rating at ‘B-’

Fitch affirms Pakistan’s credit rating at ‘B-’

by Web Desk
April 13, 2026
0

ISLAMABAD: Fitch Ratings has affirmed Pakistan’s long-term foreign currency Issuer Default Rating (IDR) at ‘B-’ with a stable outlook, citing...

Aurangzeb arrives in Washington for IMF, World Bank spring meetings

Aurangzeb arrives in Washington for IMF, World Bank spring meetings

by Web Desk
April 13, 2026
0

Finance Minister Muhammad Aurangzeb arrived in Washington on Monday to participate in the World Bank Group and International Monetary Fund...

US, Iran agree to immediate ceasefire: Prime Minister

US, Iran agree to immediate ceasefire: Prime Minister

by Web Desk
April 8, 2026
0

Prime Minister Shehbaz Sharif has announced that the Islamic Republic of Iran and the United States, along with their allies,...

Pak-Turkiye relations rapidly moving towards economic partnership: PM

Pak-Turkiye relations rapidly moving towards economic partnership: PM

by Web Desk
April 7, 2026
0

Prime Minister Muhammad Shehbaz Sharif has said the centuries-old brotherly relations between Pakistan and Turkiye are rapidly moving towards a...

Next Post
Gold rate in Pakistan on 13 May 2024 drops to Rs242,300

Gold rates in Pakistan on 13 May 2024 drops to Rs242,300

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Ads

  • AED to PKR – Convert UAE Dirhams to Pakistani Rupees
  • CAD to PKR – Convert Canadian Dollars to Pakistani Rupees
  • Economy.pk
  • GBP to PKR – Convert British Pounds to Pakistani Rupees
  • SAR to PKR – Convert Saudi Riyals to Pakistani Rupees
  • USD to PKR – Convert US Dollars to Pakistani Rupees

© 2026 All Rights Reserved

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Business
  • Economy
  • Technology
  • Sports
  • Education
  • Health
  • Politics
  • World
  • Gold Rates

© 2026 All Rights Reserved

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.