By Staff Reporter
KARACHI: The World Health Organization on Thursday issued an alert about several contaminated syrups and suspension medicines manufactured by a Pakistani company that have been found in countries in the WHO regions.
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IMF board to meet on Jan 11 to release $700 million for Pakistan
By Staff Reporter
KARACHI: Pakistan secured a date for the final approval from the International Monetary Fund to receive the next $700 million tranche from its current loan program, a spokeswoman said on Thursday, as the country faces Asia’s highest inflation and a looming debt crisis ahead of a crucial election.
Rights group warns of pre-poll crackdown on civil liberties
By Staff Reporter
KARACHI: The Human Rights Commission of Pakistan (HRCP), a prominent civil society organization, expressed alarm on Wednesday over the restriction of civil liberties and the possible rollback of constitutional reforms ahead of the general elections scheduled for February 8, 2024.
Pakistan economy to grow 2.1 percent in 2024, IMF aid key: Bloomberg
By Staff Reporter
KARACHI: Pakistan’s economy is poised to rebound from a contraction in the current fiscal year and expand 2.1 percent in 2024, aided by easing supply bottlenecks, lower interest rates, and continued support from the International Monetary Fund, according to a Bloomberg economist.
RSF seeks international probe into Pakistani journalist’s murder in Kenya
By Staff Reporter
ISLAMABAD: Global media watchdog Reporters Without Borders (RSF) on Wednesday called for an independent international probe into the murder of Pakistani journalist Arshad Sharif in Kenya last year, after it said U.N. experts criticised the lack of cooperation and investigation by both countries.
Three killed in Karachi building fire
By Staff Reporter
KARACHI: A fire swept through a multi-storey building in central Karachi on Wednesday, killing three people and injuring at least one, officials said, in the second such incident in the city in less than a week.
NEPRA raises October power tariffs by 39pc to recover fuel costs
By Staff Reporter
ISLAMABAD: The power regulator on Tuesday increased electricity tariffs by 39 percent for October 2023 to recover Rs32 billion from consumers under a monthly fuel adjustment mechanism.
ADB lends $658.8 million to Pakistan for growth, education, food
By Staff Reporter
KARACHI: The Asian Development Bank (ADB) has approved three projects worth $658.8 million to help Pakistan achieve its goal of more inclusive and sustainable growth and development, the bank said on Wednesday.
PTI founder challenges party’s ‘rigged’ polls
By Staff Reporter
ISLAMABAD: A founding member of former prime minister Imran Khan’s Pakistan Tehreek-e-Insaf (PTI) has filed a complaint with the country’s election commission, accusing the party of holding “rigged and fraudulent” intra-party elections.
Pakistan clears funding hurdle for Feb 8 vote
By Staff Reporter
ISLAMABAD: The finance ministry said it released Rs17.4 billion to the country’s election commission, removing a hurdle for the national vote scheduled for Feb. 8 amid security challenges.