By Staff Reporter
ISLAMABAD: Pakistan’s top security body on Friday agreed to launch a comprehensive operation to eradicate terrorism from the country with renewed vigor and determination.
Latest
Mohmand Dam project receives $240mn funding from Saudi Arabia
By Staff Reporter
ISLAMABAD: The Saudi Fund for Development (SFD) signed a $240 million loan agreement with Pakistan on Friday to support the multipurpose Mohmand Dam Project.
Gallup Survey: Business confidence dips as owners face increasing challenges
By Staff Reporter
KARACHI: Business owners in Pakistan are becoming increasingly pessimistic about the prospects and conditions of their businesses, according to the latest Gallup Pakistan Survey released on Friday.
Military arrests founder of banned Baloch group in intelligence operation
By Staff Reporter
ISLAMABAD: A “high-value target” with suspected links to hostile intelligence agencies operating against Pakistan has been captured, the media wing of the military, the Inter-Services Public Relations (ISPR) said on Friday.
Dar cancels IMF’s Washington meeting amid political unrest in Islamabad
By Staff Reporter
ISLAMABAD: Finance Minister Ishaq Dar has canceled his planned visit to Washington, where he was scheduled to meet with the International Monetary Fund (IMF) on an installed bailout programme, to keep his presence in politically tense Islamabad.
PM Sharif calls for NSC meeting amid election stalemate
By Staff Reporter
ISLAMABAD: As a stalemate continues with the opposition and the top court regarding the upcoming May elections, Prime Minister Shehbaz Sharif has called for a meeting of the National Security Committee (NSC) on Friday, ostensibly to seek the military’s support in postponing the polls due to security concerns.
Finance committee seeks details of $3bn zero interest loan recipients
By Staff Reporter
ISLAMABAD: The National Assembly’s Standing Committee on Finance directed the State Bank of Pakistan (SBP) on Thursday to provide details, including the names and amount, of the 600 individuals who were granted a $3 billion loan at zero interest rate.
World Bank says Pakistan’s GST system falls short by 50pc
By Staff Reporter
ISLAMABAD: The World Bank (WB) has identified a significant gap of around 50 percent in General Sales Tax (GST) on traders in real VAT mode in Pakistan, which could be closed by eliminating exemptions on the registration threshold of Rs 50 million.
Political turmoil escalates as Parliament rejects Supreme Court’s order on Punjab elections
By Staff Reporter
ISLAMABAD: The rift between Pakistan’s judiciary and government has deepened as the parliament rejected the Supreme Court’s decision on Punjab elections case and demanded a full court to decide the dispute.
Economist Atif Mian warns of Pakistan’s economic catastrophe, blames politicians, generals, and judiciary
By Staff Reporter
KARACHI: Pakistan’s economy is spiraling out of control, from crisis to catastrophe, and now the system is becoming unhinged, warns renowned economist Atif Mian.