By Staff Reporter
ISLAMABAD: The International Monetary Fund (IMF) said it will take over a year for inflation in Pakistan to fall to the central bank’s 5-7 percent target, adding that downside risks from high inflation were materializing and could push the country’s economy to ‘decelerate to 3.5 percent in FY23.’
By Staff Reporter
ISLAMABAD: Prime Minister Shehbaz Sharif on Thursday exempted electricity consumers utilising 300 units from Fuel Price Adjustment (FPA) charges in August.
By Staff Reporter
KARACHI: The central bank on Wednesday received inflows of $ 1.16 billion from the International Monetary Fund (IMF) as loan tranche under the Extended Fund Facility.
The police say they found a pistol, a satellite phone, and a passport from the Parliament Lodges luxury suite. By Naveed Naqvi.
Mandated to rule in the reference within 90 days of its filing, the Commission is pressed for time.
By Staff Reporter
ISLAMABAD: PTI chief Imran Khan on Thursday called on the military establishment to review its policies of supporting the coalition government of Prime Minister Shehbaz Sharif as there was still time left to manage the political and economic crisis in the country.
By Naveed Naqvi
RAWALPINDI: Punjab Prisons authorities finally handed over the custody of Shahbaz Gill, the chief of staff of former Prime Minister Imran Khan, to Islamabad police for further investigation pursuant to a court order after keeping the investigators waiting for hours.
News Desk
KARACHI: Saudi Arabia has decided to rollover its $3 billion deposit in Pakistan’s central bank and an announcement on the kingdom’s assistance to cash-strapped nation is expected in next two days, Bloomberg newswire reported on Saturday.
The judicial magistrate declined the police plea for further custody to gain access to Gill’s phone and laptop, and to put him through a polygraph test. By Naveed Naqvi.
By Staff Reporter
ISLAMABAD: The government on Thursday raised the Dealer Transfer Price (DTP) of imported urea, the fertilizer most used by farmers, by near 25 percent to Rs2,150/bag to bring it par with the cost of locally produced fertilizer.
