The hard-currency outflow has been financed from multilateral and bilateral sources and will not affect the country’s forex reserves. By Staff Reporter.
Independent Pakistan – I know what I believe I know
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SBP surprises with 100bp rate hike to tame inflation, ready for more action
By Staff Reporter
KARACHI: The State Bank of Pakistan (SBP) on Friday raised its main interest rate by 100 basis points in a bid to crush inflation, surprising markets and becoming the first South Asian country to make such an aggressive hike in this economic cycle.
President rubberstamps PM’s choice of military commanders
Although entirely ceremonial, the move paves the way for an orderly transition of military command, ending a period of heightened political tensions in the country. By Naveed Naqvi.
The legacy of Gen Bajwa
The army Gen Bajwa leaves behind is a far cry from the army he inherited, and this will be the defining feature of his legacy as the military commander of a nation struggling to walk the walk of democracy. By Ahmer Kureishi and Naveed Naqvi.
Image courtesy of APP
Gen Asim Munir named the next army chief
Top of the seniority list of three stars, Munir will take over command of the Pakistan army on the retirement of Gen Qamar Javed Bajwa. By Naveed Naqvi.
Fresh threat alert ahead of Khan’s rally
The consolidated alert names radical groups including AI Qaeda, Daesh, TTP, and TLP as sources of threat to Khan as well as the gatherings he may attend. By Staff Reporter.
Face saving or upheaval: What is Imran Khan looking for?
The former prime minister has eaten his words about a foreign or establishment conspiracy to topple his government. Why, then, is he still on a warpath? By Muhammad Ali & Naveed Naqvi.
Dar orders probe into leak of tax info of Gen Bajwa’s family
The government considers the breach of privacy of the outgoing army chief a serious matter, and intends to bring those responsible to the book. By Muhammad Ali.
Prime Minister Shehbaz Sharif (right) and Chief of the Army Staff (COAS) Gen Qamar Javed Bajwa (left). Image courtesy of APP.
Who will succeed Gen Bajwa?
PM Sharif is likely announce his pick for the new army chief today, as the summary from the ministry of defense has arrived for his consideration, and it includes a list of five senior lieutenant generals of the army. By Naveed Naqvi.
Imran Khan calls on PTI protesters to reach garrison city on Nov 26
By Staff Reporter
ISLAMABAD: Former prime minister Imran Khan asked his party Pakistan Tareek-e-Insaf (PTI) supporters to assemble in Rawalpindi on November 26 in the last leg of his campaign for snap elections.