Pakistan assumes two-year chairmanship of ECO

Pakistan assumes two-year chairmanship of ECO

Pakistan has assumed a two-year chairmanship of the Economic Cooperation Organization (ECO), on Tuesday.

According to the details, the chairmanship is for the years 2026 and 2027.

Pakistan has officially taken over the two-year chairmanship of the Economic Cooperation Organization (ECO) for 2026 and 2027.

During the handover, Pakistan thanked Kazakhstan for leading the organisation in 2025 and praised its efforts and effective leadership.

Pakistani Ambassador Mudassir Tipu said that as a founding member, Pakistan considers ECO an important platform for regional cooperation.

He further added that Pakistan has always viewed the organisation as a key platform to strengthen collaboration among member states.

Ambassador Tipu said Pakistan will work to make ECO stronger and more active during its chairmanship.

He further noted that all member countries have welcomed Pakistan’s leadership and hope it will bring new energy and activity to the organisation.

According to the ambassador, member states believe Pakistan can play an important role in making ECO more dynamic.

He also added that Pakistan aims to transform ECO into an effective and active platform to promote cooperation among all member countries.

Mudassir Tipu reaffirmed Pakistan’s commitment to working with ECO members to achieve the organisation’s goals and strengthen its role in regional cooperation during its two-year chairmanship.

Pakistan’s inflation

Pakistan’s inflation is expected to stay in check in January, offering some relief to consumers after months of price pressures.

The Finance Division on Tuesday projected inflation to remain between 5 and 6 per cent for the month.

In its Monthly Economic Update and Outlook for January 2026, the Ministry of Finance said the economy appears well placed.

Growth outlook improves

According to the ministry, the improving trend reflects the impact of careful policy management, ongoing structural reforms, and easing monetary conditions.