By Staff Reporter
ISLAMABAD: Pakistan’s defense minister on Saturday sharply criticized Afghanistan for “neglecting its duties as a neighboring and fraternal country” and for violating key provisions of the peace deal signed with the Taliban in Doha last year, especially its pledge to prevent the use of Afghan territory for terrorist activities.
By Staff Reporter
ISLAMABAD: Pakistan’s electricity regulator approved a 20 percent hike in the base power tariff for the fiscal year starting July 1, as the South Asian nation implements reforms agreed with the International Monetary Fund in the recently approved $3 billion loan program.
By Staff Reporter
ISLAMABAD: Pakistan secured $5.6 billion in additional financing from bilateral and multilateral partners after getting a $3 billion loan from the International Monetary Fund (IMF), the fund’s mission chief said on Friday.
By Staff Reporter
ISLAMABAD: Prime Minister Shehbaz Sharif said he will hand over power to a caretaker government in August, paving the way for national elections that could end the political turmoil that has gripped the country since the ouster of his predecessor Imran Khan last year.
By Staff Reporter
ISLAMABAD: The International Monetary Fund (IMF) executive board approved on Wednesday a new $3 billion loan for Pakistan to support its economic stabilization program, and released about $1.2 billion immediately, the IMF and the Pakistani government said.
By Staff Reporter
ISLAMABAD: Prime Minister Shehbaz Sharif said on Wednesday his coalition government would complete its term on August 14 and the election regulator would decide whether to hold polls in October or November.
By Staff Reporter
ISLAMABAD: Pakistan received a $2 billion deposit from Saudi Arabia on Tuesday, a day before the International Monetary Fund’s (IMF) board is expected to approve a $3 billion lifeline loan for the country’s struggling economy.
By Staff Reporter
ISLAMABAD: Pakistan Prime Minister Shehbaz Sharif on Sunday slammed a social media campaign that claimed an attempt was made to kill the country’s army chief, General Asim Munir, and vowed to “crush all conspiracies” against the nation and its institutions.
By Staff Reporter
ISLAMABAD: Pakistan has approved a new investment policy for 2023 that aims to attract foreign and domestic investors by offering incentives, easing regulations, and creating special economic zones, the government said.
By Staff Reporter
ISLAMABAD: A court in Islamabad on Saturday ordered former Prime Minister Imran Khan to face trial for allegedly concealing income from gifts he received from foreign governments during his tenure, a lawyer for the complainant said.
