ISLAMABAD: Pakistan has committed to publish asset declarations of senior public officials starting in 2026 and to introduce risk-based verification of those filings as part of concessions to the International Monetary Fund to bolster accountability amid entrenched corruption.
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Pakistan extends airspace ban on Indian aircraft until Dec. 24
ISLAMABAD: Pakistan has extended its ban on Indian aircraft using its airspace until Dec. 24, according to a notice to airmen issued on Thursday, four days before the previous restriction was due to expire.
ADB approves $330 million to modernise Pakistan grid, lift hydropower transmission
ISLAMABAD: The Asian Development Bank (ADB) on Thursday approved loans totalling $330 million for the Second Power Transmission Strengthening Project, which the bank described as one of the government’s top priority investments to expand the national transmission network and evacuate low-cost renewable and hydropower to major load centres.
Security forces kill 30 militants in series of operations in restive northwest
ISLAMABAD: The military said on Thursday that security forces had killed 30 militants in a series of intelligence-led operations across Khyber Pakhtunkhwa province this week, the latest in an escalating campaign against a resurgent Pakistani Taliban that has plunged the country’s border regions into renewed violence.
Olympian Nadeem leads Pakistan sweep in Riyadh javelin final
ISLAMABAD: Pakistan swept the top two places in the men’s javelin final at the 6th Islamic Solidarity Games on Wednesday as Olympic champion Arshad Nadeem defended his title with gold and Muhammad Yasir snatched silver on his last throw.
Profit repatriation surges 39 percent to $1.14 billion as outflow curbs ease
ISLAMABAD: Foreign investors sent home sharply higher dividends and profits in the first four months of FY26, led by a jump in transfers to China, even as fresh direct investment in the country continued to shrink.
LSM rebounds with 2.69 percent growth in September
ISLAMABAD: The large-scale manufacturing sector expanded 2.69 percent year-on-year in September, accelerating from August’s near-stagnant 0.54 percent pace and pointing to a tentative stabilisation in industrial activity after flood disruptions eased, official data showed on Wednesday.
Foreign inflows jump 33% to $2.293 billion in July-October on IMF backstop
ISLAMABAD: Pakistan received $2.293 billion in total foreign economic assistance, loans plus grants, in the first four months of fiscal 2026, up 33.2% from $1.723 billion a year earlier, as International Monetary Fund disbursements provided crucial early-year support and spared the country a repeat of last year’s anaemic start.
Security forces kill at least 27 militants in northwest clashes
ISLAMABAD: Security forces killed at least 27 militants and wounded several others in a series of intense encounters across Khyber Pakhtunkhwa province this week, according to security sources and official statements, in what appeared to be one of the deadliest stretches of counterterrorism operations in the restive region in recent months.
Federal Constitutional Court adopts Supreme Court rules to launch operations
ISLAMABAD: The newly established Federal Constitutional Court took a decisive step toward full operation on Wednesday by unanimously adopting, with necessary adaptations, the Supreme Court Rules 2025 to govern its proceedings until it drafts its own.