Aurangzeb sees budget upside from US-Iran deal, but cautions against immediate revisions

by Aamawaam News Desk | Jun 16, 2026 | Economy

ISLAMABAD — Finance Minister Muhammad Aurangzeb has stated that while the recent US-Iran peace agreement offers potential economic upsides for Pakistan’s next fiscal year, it remains “way too premature” to officially revise the newly presented...

Finance ministry warns of multiple systemic risks threatening next year’s budget

by Aamawaam News Desk | Jun 15, 2026 | Economy

ISLAMABAD — The federal government has formally cautioned parliament of severe, overlapping risks that could derail the newly presented Rs 18.8 trillion federal budget for the fiscal year 2026–27. In a statutory statement of fiscal risks submitted to the legislature,...

PSX surges by over 4,000 points following historic US-Iran peace agreement

by Aamawaam News Desk | Jun 15, 2026 | Economy, Iran, USA

KARACHI — The Pakistan Stock Exchange (PSX) witnessed an explosive rally on Monday, with the benchmark KSE-100 index gaining over 4,600 points. The massive market surge comes on the heels of the preliminary peace agreement reached between the United States and Iran,...

02 pilots martyred as PAF trainer aircraft crashes near Mardan

by Aamawaam News Desk | Jun 15, 2026 | Current Affairs

MARDAN — A Pakistan Air Force (PAF) trainer aircraft crashed near the city of Mardan in Khyber Pakhtunkhwa during a routine training mission on Monday, resulting in the tragic martyrdom of both pilots on board. Key Highlights A PAF training aircraft crashed on a...

Cross-party leadership hails Pakistan’s mediation in historic US-Iran peace deal

by Aamawaam News Desk | Jun 15, 2026 | International-Affairs, Iran, USA

ISLAMABAD — Prominent political figures across Pakistan’s legislative spectrum have widely lauded the country’s senior leadership following the announcement of a framework agreement to end the three-month-long war between the United States and Iran. Lawmakers...