By Staff Reporter
KARACHI: Pakistan has imposed new fees and restrictions on the transit trade with Afghanistan, blocking hundreds of containers bound for the landlocked country at Karachi port and banning the export of 212 items, including chocolates, footwear, and garments.
By Staff Reporter
ISLAMABAD: Pakistan’s poverty rate has soared to 39.4 percent in the fiscal year that ended in June, up from 34.3 percent a year earlier, as the country faces a severe economic crisis, high inflation and the aftermath of devastating floods, the World Bank said in a report on Tuesday.
By Staff Reporter
ISLAMABAD: Inflation in September rose for the first time in four months after the government raised fuel prices to meet International Monetary Fund’s (IMF) conditions for an ongoing $3 billion bailout program.
By Staff Reporter
ISLAMABAD: Pakistan’s exports of goods rose for the first time in almost a year in September, reversing a prolonged slump caused by a struggling economy, official data showed on Monday.
By Staff Reporter
KARACHI: A Pakistani refiner has imported the country’s first private-sector shipment of Russian crude oil, taking advantage of Moscow’s discounts on its oil exports after its invasion of Ukraine.
Intent on pushing through the privatisation agenda laid down by the previous government, Pakistan’s caretaker government is weighing options to sack the governors of power distribution companies. By Staff Reporter.
By Staff Reporter
ISLAMABAD: Pakistan’s interim interior minister on Saturday accused India’s intelligence agency of being behind the recent terrorist attacks in Balochistan, a restive province that has been plagued by violence for decades.
By Staff Reporter
KARACHI: The Interim Sindh province chief minister ordered an inquiry on Friday into the killing of four villagers in a raid by law enforcement agencies against suspected militants and said he would report the findings within four days.
By Staff Reporter
ISLAMABAD: Pakistan and the Gulf Cooperation Council agreed to a preliminary free trade deal, the first by the six-nation bloc with any country since 2009, as Islamabad seeks to boost its exports and attract more foreign investment.
By Staff Reporter
KARACHI: A suicide bomber killed at least 52 people, including a police officer, and wounded around 50 others near a mosque in Pakistan’s restive Balochistan province on Friday, officials said.
