By Staff Reporter
ISLAMABAD: Pakistan is set to see its name off the grey list of the Financial Action Task Force (FATF) after it was found to be compliant in the action plan set out by the global financial watchdog.
Latest
UPDATE 1-Imran Khan disqualified from public office in Toshakhana case
By Staff Reporter
ISLAMABAD: Pakistan Election Commission on Friday disqualified former prime minister Imran Khan from the parliament for five years on corrupt practices, plunging the country into fresh political turmoil.
UPDATE-Imran Khan disqualified in Toshakhana case
By Staff Reporter
ISLAMABAD: Pakistan Election Commission on Friday disqualified former prime minister Imran Khan from the parliament for five years on corrupt practices, plunging the country into fresh turmoil.
ADB to loan Pakistan $1.5 billion for social protection, food security
By Staff Reporter
ISLAMABAD: The Asian Development Bank (ADB) has approved $1.5 billion in financing to help Pakistan provide social protection, promote food security, and support employment amid devastating floods and global supply chain disruptions.
ECP’s security tightened ahead of Toshakhana verdict
By Staff Reporter
Islamabad: The government has deployed extra police force along with para military rangers around the election commission office in the capital, Islamabad, in case Pakistan Tahreek-e-Insaf supports try to react violently in response to a decision on Toshakhana disqualification case filed against former prime minister Imran Khan due today.
Pakistan seeks billions in loans for ‘mega undertakings’ after floods: FT
Monitoring Desk
ISLAMABAD: Pakistan will ask international lenders for billions of dollars worth of new loans to rebuild the country after calamitous floods uprooted 33 million people and pushed its cash-strapped economy even closer to insolvency, Financial Times reported.
Dar says ready to buy discounted Russian oil
By Staff Reporter
ISLAMABAD: Finance minister Ishaq Dar said the country is ready to buy fuel from Russia if the same rate that India is paying is applicable to Pakistan as well.
Pakistan flood losses now estimated at $40bn
By Staff Reporter
ISLAMABAD: The government on Wednesday said the damage from this summer’s catastrophic flooding is now estimated at $40 billion, as much as 25 percent higher than projections a month ago.
Pakistan’s troubles justify slump in bond prices: JPMorgan
Monitoring Desk
KARACHI: Investment bank JPMorgan has called the slump in Pakistan’s bonds to just a third of their face value justified, following the country’s devastating floods and recent warnings by officials that some debt payments may need to be suspended.
An undated photo of Pakistan Tehreek-e-Insaf (PTI) leader Faisal Vawda. Image courtesy of APP.
Vawda caught lying in court filings
The PTI leader’s appeal against his disqualification from holding public office seems to have suffered an unrecoverable collapse with the SCP finding how his case has been built on lies. By Staff Reporter.