By Staff Reporter
KARACHI: Five Japanese nationals narrowly escaped a suicide attack on their vehicle in Karachi, Pakistan’s financial capital, on Friday, as one attacker died in the blast and police gunned down his accomplice.
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IMF predicts 2 percent growth rebound for Pakistan
By Staff Reporter
KARACHI: The International Monetary Fund (IMF) has forecast a 2 percent GDP growth for Pakistan in the current fiscal year, marking a recovery from the previous year’s -0.2 percent downturn.
Saudi delegation arrives in Pakistan to strengthen economic ties
By Staff Reporter
ISLAMABAD: A high-level delegation from Saudi Arabia, led by Foreign Minister Prince Faisal bin Farhan bin Abdullah, arrived in Pakistan on Monday for a two-day visit aimed at enhancing economic cooperation between the two nations.
Nine Punjab passengers killed in targeted bus attack in Balochistan
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.
Georgieva signals new IMF-Pakistan program to tackle ‘important issues’
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.
PPP’s Gillani, PML-N’s Nasir elected to Senate’s top seats in uncontested vote
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.
PM Sharif orders disciplinary action against five officials after suicide attack on Chinese workers
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.
Blinken, Dar engage in talks to pursue ‘robust partnership’”
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.
More toxic letters seized, PM Sharif and CM Nawaz among targets
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.
IMF to finalise last $1.1 billion bailout tranche to Pakistan by month-end
By Staff Reporter
ISLAMABAD: Prime Minister Shehbaz Sharif conceded on Thursday that the conditions of a new long-term loan from the International Monetary Fund (IMF) would be challenging but stressed the necessity of a fresh bailout to maintain macroeconomic stability.