By Staff Reporters ISLAMABAD: Pakistan has successfully evacuated its nationals from conflict-hit Sudan, with the first batch of 149 Pakistanis arriving in Karachi on Friday,
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Former army chief’s views on future threat to Pakistan taken out of context, says ISPR
By Staff Reporter
ISLAMABAD: The Inter-Services Public Relations (ISPR) clarified that recent discussions in the media regarding the combat worthiness of the Pakistan Army and the views of former army chief Qamar Javed Bajwa on the “future threat to Pakistan” have been misquoted and taken out of context.
New taxation measures on tobacco could backfire for govt’s revenue goals
By News Desk
If the government’s move to institute new taxation measures through a minibudget was aimed at raising more revenue to plug the yawning budget deficit, it may well prove counterproductive – at least as far as it concerns the tobacco sector.
Pakistan expected to default on external debt obligations by early 2024, says EIU
By Staff Reporter
KARACHI: The Economist Intelligence Unit (EIU) has stated that Pakistan is expected to default on its external debt obligations by early 2024 due to limited foreign-exchange reserves to service its external debt and the end of its IMF loan by the third quarter of 2023
ECC okays PKR 500 million more for BISP child nutrition program
The Nashonuma direct cash transfer intervention looks to improve uptake of health and nutrition services among the poorest of the poor. By Muhammad Ali.
PM Sharif finds strength in parliamentary vote of confidence
All 180 members of National Assembly belonging to Sharif’s PDM coalition voted for the resolution, presented by PPP chairman Bilawal Bhutto Zardari. By Naveed Naqvi.
Pakistan slashes GDP growth forecast for FY2023 to 0.8 percent
By Staff Reporter
ISLAMABAD: Pakistan’s economy is expected to remain weak throughout 2023 due to stricter financial conditions and a lack of fiscal flexibility, the government said on Wednesday.
Monkeypox case in Pakistan not linked to local transmission: Ministry
By Staff Reporter
ISLAMABAD: Pakistan’s Ministry of National Health Services (NHS) said on Wednesday there was no evidence of localised transmission of monkeypox, a day after the country reported its first case of the viral zoonotic disease.
37 Pakistanis evacuated from war-torn Sudan, arrive in Jeddah
By Staff Reporter
ISLAMABAD: A ship carrying 37 Pakistani citizens departed war-torn Sudan and arrived in Jeddah, Saudi Arabia on Wednesday, Pakistan’s foreign minister said.
IMF’s ‘dillydallying tactics’ frustrate Pakistan’s efforts to conclude loan programme
By Staff Reporter
ISLAMABAD: Pakistan’s efforts to secure additional financing have been met with delays in striking a staff-level agreement with the International Monetary Fund (IMF), with authorities now blaming the Fund for using “dillydallying tactics”.