By Staff Reporter
ISLAMABAD: Taking another ‘tough’ step closer to the elusive half of the IMF loan, the government late on Wednesday raised the petroleum products rates to the highest the country has ever seen, reversing the fuel subsidies completely.
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In June? Pakistan inches nearer IMF deal
By Staff Reporter
ISLAMABAD: Pakistan’s talks with the International Monetary Fund (IMF) on $6 billion bailout deal is trudging closer to the finish line, and the south Asian country could receive the stuck-up disbursement within the current month, sources said on Wednesday.
Ambassador Khan visits White House to ‘meet, greet’ President Biden
By Staff Reporter
ISLAMABAD: Pakistan’s ambassador to the US, Masood Khan, met President Joe Biden in the White House and the two discussed to reset bilateral ties, which had deteriorated in the past few years under former prime minister Imran Khan.
Up 11.2pc YoY: Military cites inflation in ‘defence’ of budget raise
By Staff Reporter
RAWALPINDI: Denying a raise in the next fiscal’s defence budget, the military on Tuesday asserted, in view of the runaway inflation, their allocation shrank by Rs100 billion, a claim that on the face of it does not add up.
Tuba Hassan clinches ICC Women’s POTM award
By Staff Reporter
ISLAMABAD : Pakistan’s Tuba Hassan won the ICC Women’s Player of the Month (POTM) award after her successful debut international series, the ICC said in a statement.
Bilawal taps Iran for additional power import
By Staff Reporter
TEHRAN: Islamabad has tapped Tehran for import of additional electricity from Iran for Makran Division in Balochistan and broadening of bilateral economic relations, an official statement said on Tuesday.
British HC, Rameez Raja discuss England tour
By Staff Reporter
LAHORE: British High Commissioner Christian Turner on Tuesday discussed this fall’s England cricket teams’ tours to Pakistan with Rameez Raja, Chairman Pakistan Cricket Board (PCB) at Gaddafi Stadium in Lahore.
PTI names candidates for 18 Punjab seats
By Staff Reporter
ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) on Tuesday issued tickets to its candidates from eighteen constituencies of Punjab to contest by-polls scheduled for July 17, 2022.
Urgent shipment of Indonesian palm oil gets underway
By Staff Reporter
ISLAMABAD: All is set for Indonesia to send ten shiploads of palm oil to Pakistan on urgent basis, with the first ship ready to set sail for Karachi on Tuesday, according to a statement issued by the Prime Minister’s Office.