ISLAMABAD: The International Monetary Fund said it has made considerable progress in talks with Pakistani authorities on the third review of the country’s Extended Fund Facility and the second review of its Resilience and Sustainability Facility, even as discussions continue to gauge the economic fallout from the Middle East conflict.
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Nadra purges 4.2 million dead citizens from national registry to thwart fraud
ISLAMABAD: The National Database and Registration Authority (Nadra) has canceled roughly 4.2 million computerized national identity cards belonging to citizens officially recorded as dead in provincial civil registration systems, the agency said on Wednesday, part of a nationwide drive to reconcile its records and protect the integrity of the country’s central identity database.
PNSC tankers load at Yanbu and Fujairah as Pakistan bypasses closed strait of Hormuz
KARACHI: Pakistan has started importing crude oil via the Red Sea route after the closure of the Strait of Hormuz halted traditional shipments amid the Middle East conflict, Geo television reported, quoting shipping sources.
Pakistan says 641 Afghan Taliban militants killed in month-long border offensive
ISLAMABAD: The security forces have killed at least 641 Afghan Taliban operatives and wounded more than 855 others in a month-long border offensive that has become the most intense fighting between the two neighbors in decades, information minister said on Wednesday.
‘No matter what, no matter when’ Pakistan reaffirms ironclad commitment to Saudi Arabia ‘before it is needed’
ISLAMABAD: Pakistan will stand with Saudi Arabia in any crisis, no matter the timing or circumstances, the government’s chief spokesman for foreign media said on Wednesday, as the conflict set off by US-Israeli strikes on Iran threatens to draw in more countries across the region.
Finance minister pushes capital-market overhaul to ease bank reliance
ISLAMABAD: Finance Minister Muhammad Aurangzeb on Wednesday called for a gradual rebalancing of the country’s financial system, urging capital markets to take on a bigger role alongside banks in funding economic growth while pressing lenders to prepare for potential fallout from escalating Middle East tensions.
Islamabad High Court fines anti-corruption NAB for delays in Imran Khan graft appeal
ISLAMABAD: The Islamabad High Court on Wednesday imposed a 100,000-rupee fine on the National Accountability Bureau, sharply rebuking the country’s premier anti-corruption agency for what the bench described as “delaying tactics” in the long-running £190 million Al-Qadir Trust corruption case against former prime minister Imran Khan and his wife, Bushra Bibi.
Bahrain arrests six South Asian expatriates over social media posts on Iran conflict
ISLAMABAD: Bahrain’s authorities have arrested six Asian expatriate workers, including five Pakistanis, accusing them of filming, publishing and reposting videos that the government says show the effects of Iranian military action and amount to glorification of attacks on the kingdom.