By Staff Reporter
ISLAMABAD: The International Monetary Fund (IMF) said on Sunday it would work with the international community to support Pakistan’s relief and reconstruction efforts following the catastrophic floods.
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Russia’s Putin says pipeline gas supplies to Pakistan possible, part of infrastructure in place
By Staff Reporter
ISLAMABAD: Russia can supply gas to Pakistan as necessary infrastructures are already in place, President Vladimir Putin said on Thursday during his meeting with Prime Minister Shehbaz Sharif on the sidelines of the SCO summit in Uzbekistan, Russian state-owned news wire TASS reported.
PM Sharif promises resolution of missing persons’ issue
Justice Minallah made clear that the chief executive has to either resolve the matter or admit that the Constitution is not fully operative. By Naveed Naqvi.
PTI’s Khan says his remarks are for ‘improvement’ of military leadership
PTI’s Khan says his remarks are for ‘betterment’ of military leadership
By Staff Reporter
ISLAMABAD: Ousted prime minister Imran Khan on Tuesday defended his remarks on the military leadership as ‘constructive and for its own improvement’, saying “thieves cannot be allowed to appoint the next army chief under any circumstances”.
Inflation hits 47-year high, peak still to come
By Staff Reporter
ISLAMABAD: Soaring food prices pushed August inflation to a 47-year high of 27.3 percent and its peak could still be months away, official data showed on Thursday, underlining the severity of the cost-of-living crunch in struggling economy.
PM Sharif to consult coalition partners on importing goods from India
By Staff Reporter
ISLAMABAD: The government is considering loosening restrictions on the largely closed border with arch-rival India to import mostly vegetables to mitigate cataclysmic floods fallout as food prices have risen sharply, a minister said on Wednesday.
IMF approves much awaited $1.17bln disbursement for Pakistan
By Staff Reporter
KARACHI: The International Monetary Fund’s (IMF) executive board on Monday approved a much awaited $1.17 billion disbursement to Pakistan after completing seventh and eighth reviews of the country’s reforms under a stalled $6 billion loan program.
PM Sharif exempts 17 million electricity consumers from fuel adjustment charges
By Staff Reporter
KARACHI: The government planned to exempt at least 17 million consumers from paying fuel adjustment charges (FCA) in their monthly electricity bills to provide relief from sky-high energy bills, Prime Minister Shehbaz Sharif said on Tuesday.
SBP keeps policy rate flat at 15pc, eyes inflation data
By Staff Reporter
KARACHI: State Bank of Pakistan kept its benchmark interest rate unchanged at 15 percent on Monday, and said it continued to have a cautious attitude toward policy stance considering runaway monthly inflation.
Judge orders police, prisons officials to come clean on their handling of Gill
As it ordered IG Islamabad to probe Gill’s torture allegations, the IHC also sought report on his condition upon his arrival at Adiala from Prisons authorities. By Naveed Naqvi.