Consumer price inflation surged at the fastest pace in two years in April as Ramazan demand pushed food prices higher, fueling expectations of an interest rate hike in the next monetary policy meeting, due later this month.
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POOL PARTY: Pigeons bathing and splashing water to beat the extreme heat in Karachi, Pakistan. ONLINE Photo by Sabir Mazhar
Past time to tackle climate change
Pakistan experienced a severe heatwave from 26th April to 2nd May 2022. With predicted dust-thunderstorm and rains during the Eid holidays in most parts of the country, the heatwave is likely to gradually subside towards the weekend.
Although relatively cooler and windy weather in Karachi brought a little relief, Nawabshah recorded today’s highest temperature at 49.5 C with temperatures varying within the range of 42 C to 49.5 C in various parts of the country.
Pakistan roasts in record-setting heat wave
By Staff Reporter
ISLAMABAD: Temperatures in parts of Pakistan have reached record levels, putting the lives of millions at risk as the effects of the climate crisis are felt across the country.
Sharif’s power play to end load shedding
Cash-strapped Pakistan had to fork out almost a billion dollars to energy procurement to keep Prime Minister Shehbaz Sharif’s promise of zero-load-shedding by 1 May 2022, Independent Pakistan can report.
TSA bogged down ahead of IMF talks
Pakistan’s implementation of Treasury Single Account seems to have been bogged down in modalities, with the bulk of the work remaining, as an International Monetary Fund (IMF) team heads to Islamabad for talks as part of the 7th review of an EFF program.