By Staff Reporter
KARACHI: The State Bank of Pakistan (SBP) has successfully repaid a $1 billion Eurobond, it said on Saturday, amid efforts to secure a new long-term bailout from the International Monetary Fund (IMF) to stabilize its economy and manage external financing needs.
By Staff Reporter
ISLAMABAD: Nine passengers from Punjab province were killed by unidentified gunmen after being abducted from a bus traveling from Quetta to Taftan, a senior police official said on Saturday.
By Monitoring Desk
KARACHI: The International Monetary Fund (IMF) and Pakistan are currently in talks regarding a potential follow-up program to the existing nine-month, $3 billion stand-by arrangement, IMF Managing Director Kristalina Georgieva said on Thursday.
By Staff Reporter
ISLAMABAD: The Punjab Police on Wednesday denounced the spread of what it called “fake propaganda” following the circulation of videos on social media that appeared to show Pakistan Army officers allegedly assaulting police personnel in Bahawalnagar.
By Staff Reporter
KARACHI: Seventeen religious pilgrims perished and 41 were injured in southwestern Pakistan on Wednesday when their truck veered off the road and into a ditch.
By Staff Reporter
ISLAMABAD: The Asian Development Bank (ADB) on Thursday issued a cautionary forecast for Pakistan’s economic future, highlighting “high risks” and political instability as major impediments to the country’s reform initiatives.
By Staff Reporter
ISLAMABAD: Former Prime Minister Syed Yousaf Raza Gillani and Pakistan Muslim League Nawaz’s (PML-N) Syedal Khan Nasir were elected unopposed as the Senate chairman and deputy chairman, respectively, on Tuesday, in a session that saw 41 newly elected Senators take their oaths amid protests by Tehreek-e-Insaf (PTI) lawmakers.
By Staff Reporter
ISLAMABAD: Prime Minister Shehbaz Sharif on Saturday ordered disciplinary action against five officials following an inquiry into a suicide attack in the country’s northwest that killed six people, including five Chinese nationals.
By Staff Reporter
ISLAMABAD: US Secretary of State Antony J. Blinken and Pakistani Foreign Minister Ishaq Dar held a phone call on Friday, marking a thaw in relations with discussions on a “robust partnership,” the US embassy in Islamabad said.
By Staff Reporter
ISLAMABAD: Authorities on Friday seized ten more suspicious letters, some containing a toxic powder, addressed to high-profile figures including Prime Minister Shehbaz Sharif and Punjab Chief Minister Maryam Nawaz.
