By Staff Reporter
ISLAMABAD: The government on Wednesday said the damage from this summer’s catastrophic flooding is now estimated at $40 billion, as much as 25 percent higher than projections a month ago.
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Pakistan’s troubles justify slump in bond prices: JPMorgan
Monitoring Desk
KARACHI: Investment bank JPMorgan has called the slump in Pakistan’s bonds to just a third of their face value justified, following the country’s devastating floods and recent warnings by officials that some debt payments may need to be suspended.
An undated photo of Pakistan Tehreek-e-Insaf (PTI) leader Faisal Vawda. Image courtesy of APP.
Vawda caught lying in court filings
The PTI leader’s appeal against his disqualification from holding public office seems to have suffered an unrecoverable collapse with the SCP finding how his case has been built on lies. By Staff Reporter.
Atif Khan, Khyber-Pakhtunkhwa’s senior minister for IT, Science & Technology, and Food. Image courtesy of twitter.com/AtifKhanpti
Atif Khan hit with PKR 8 m extortion demand by TTP
Senior provincial minister Atif Khan has been told to cough up the money within three days or pay with his life. By Staff Reporter.
Federal Minister for Planning Development and Special Initiatives, Ahsan Iqbal Chaudhary picxrued launching the software for the upcoming 7th Population and Housing Census at PBS headquarters at Islamabad on June 20, 2022. Photo courtesy of APP.
Funds routed to the wrong ministry stall census prep
In urgent need of funds to purchase digital equipment for the census, the Pakistan Bureau of Statistics (PBS) has been denied access to PKR 5 billion earmarked for that very purpose. By Muhammad Ali.
Army’s top leadership reposes full confidence in Pakistan’s robust security of nuclear, strategic assets
By Staff Reporter
ISLAMABAD: The top military leadership on Tuesday reposed full confidence in the country’s nuclear command and control structure and the security of its strategic nuclear arms.
US says confident Pakistan can secure nukes after Biden’s ‘dangerous nation’ remark causes uproar
Monitoring Desk
WASHINGTON: The United States said on Monday that it had confidence in Pakistan’s ability to control its nuclear arsenal after President Joe Biden expressed alarm, leading Islamabad to summon the US ambassador.
PTI Khan gives Sharif’s government more time to announce early polls
By Staff Reporter
ISLAMABAD: Former prime minister Imran Khan on Monday again stopped short of announcing a date for his planned protest march to the capital Islamabad, as he gave the coalition government more time to announce snap polls.
Govt cuts RLNG price by 13pc for October
By Staff Reporter
ISLAMABAD: The government on Monday cut local RLNG (Re-gasified liquefied natural gas) prices by up to 13.1 percent for October.
Mining firm Barrick makes progress on $7bn Reko Diq project in Pakistan
By Staff Reporter
QUETTA: Toronto-based Barrick Gold Corporation on Monday said the process of completing the final agreements and legal steps that would enable the development of the Reko Diq project is making steady progress.