It is time for the Finance Minister to show the world how Pakistan can overcome its chronic macroeconomic imbalances and become solvent in short order – and so much rides on his success. By Muhammad Ali.
By Staff Reporter
Finance Minister Ishaq Dar on Sunday said Pakistan will not seek debt restructuring from Paris Club creditor nations as he stepped up attempts to calm frayed investor nerves after a credit rating downgrade.
By Staff Reporter
ISLAMABAD: The World Bank said it will provide about $2 billion in aid to Pakistan, ravaged by floods that have killed more than 1,700 people this year.
By Staff Reporter
ISLAMABAD: After the retirement of five Supreme Court judges, there has been a noticeable delay in filling up their vacant positions, and this has resulted in eyebrows being raised the senior judges.
By Staff Reporter
ISLAMABAD: Pakistan’s federal government will provide educational scholarships to Afghan students.
By Staff Reporter
ISLAMABAD: The government has instructed all federal ministries/divisions as well as four provinces to implement Techno-Economic Feasibility studies for undertaking multi-billion rupees development projects in an efficient manner.
By Naveed Naqvi
ISLAMABAD: Two alleged audios of former prime minister Imran Khan surfaced on Friday, featuring him trying to buy the loyalties of lawmakers and also justifying his action ahead of a no-confidence vote in April.
Confident that the initiative will not break the budget, Finance Minister Ishaq Dar hopes it will enhance the industries’ competitive edge in export markets. By Muhammad Ali.
By Staff Reporter
ISLAMABAD: Prime Minister Shehbaz Sharif on Thursday accused his predecessor Imran Khan of committing high-level treason by peddling the foreign conspiracy narrative for his ouster in April that inflicted an irreparable damage to the country’s reputation.
By Staff Reporter
KARACHI: Global ratings agency Moody’s cut Pakistan’s sovereign credit rating on Thursday by one notch to Caa1 from B3, citing increased government liquidity, external vulnerability risks and higher debt sustainability risks, following the devastating floods in the country.
