By Staff Reporter
ISLAMABAD: The government is well-positioned to cut a staff-level deal with the International Monetary Fund (IMF) next month, the country’s finance, said on Saturday, making a headway toward reclaiming a nearly lost bailout loan.
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The PML-N ploy
By Staff Reporter
The debates, the doubts, and the drama over whether the country goes to vote` before the end of this regime’s tenure or not have died down for now.
Prime Minister Shehbaz Sharif addressing the nation in Islamabad on 27 May 2022
Stick & carrot: PM justifies fuel price hike, unveils Rs28bn targeted subsidies
By Staff Reporter
ISLAMABAD: A day after giving the stick of a fuel price hike, Prime Minister Shehbaz Sharif Friday dangled the carrot of a Rs28 billion/month inflation allowance before the nation’s poor, justifying the move as inevitable.
Islamabad. Federal Finance Minister Miftah Ismail addressing an important press conference.
Pakistan drives up fuel prices to dodge default
Staff Reporter
ISLAMABAD: A default-threatened PML-N government took its most reluctant plunge and raised fuel prices to pave the way for an IMF bailout, ignoring the political cost of the move.
Sahib-e-Asra: Pakistan’s sprinting sensation set to stun the world
By Staff Reporter
Pakistan’s sprinting prodigy Sahib-e-Asra, who has three international medals to her credit, is unlikely to outrun her financial troubles, but she remains in hot pursuit of her Olympic dream.
Khan gives government six-day deadline for fresh polls, ends protest
By our correspondent
ISLAMABAD: Ousted prime minister Imran Khan has warned the government to set fresh elections schedule in the next six days, failing which he will again march on the capital Islamabad to stage a sit-in along with millions of people.
IMF to wait and see the next budget before bailout revival
By Staff Reporter
ISLAMABAD: With Pakistan and the International Monetary Fund (IMF) deadlocked over the issue of energy subsidies, the revival of a suspended Fund bailout will have to wait until after the approval of the national budget for the next fiscal, it became clear late Wednesday.
FILE PHOTO: A participant stands near a logo of IMF at the International Monetary Fund - World Bank Annual Meeting 2018 in Nusa Dua, Bali, Indonesia, October 12, 2018. REUTERS/Johannes P. Christo
IMF Talks: A trial by subsidies
By Staff Reporter
ISLAMABAD: Pakistan’s economic negotiators are one by one pulling every gambit in the book to crack the IMF code that unlocks dollar inflows through a $6 billion bailout programme within this week. The ongoing Pakistan-IMF talks in Doha can go three possible directions.
Executive bent on blocking march by a defiant Khan
By Staff Reporter
ISLAMABAD, PESHAWAR, LAHORE, SIALKOT, ETC.: The messy battle for political ascendancy in Pakistan between an ousted prime minister and the ruling coalition threatened to become even messier Tuesday when a police officer was gunned down on the course of a police raid of a minor political figure’s home.
The lie of the numbers
By Staff Reporter
ISLAMABAD: When they couldn’t find an exorcist to drive the demons possessing the economy out, some number-crunching wizkid pitched the idea of rebasing the economy to shave some decimals off those hairy figures, which the PTI-led regime’s likely fifth column found quite clever and convinced Imran Khan to go for it.