By Staff Reporter
KARACHI: The State Bank of Pakistan (SBP) on Thursday raised borrowing costs by 125 basis points to quell Asia’s second-fastest inflation and meet conditions for a loan from the International Monetary Fund (IMF).
People
Islamabad the Green: The metro of bus lines
Islamabad now has an impressive array of four bus lines, connecting all corners of the city to central sectors. By Staff Reporter ISLAMABAD: Islamabad Thursday
Islamabad: Federal Minister for Finance and Revenue Mr. Miftah Ismail presided over meeting of the Economic Coordination Committee (ECC) of the Cabinet at Finance Division- 28-05-2022.
Subsidy on 5 essential commodities to continue
By Staff Reporter
ISLAMABAD: A powerful cabinet committee Wednesday decided to continue a federal subsidy program on five essential commodities, announced by Prime Minister Shehbaz Sharif in the final weeks of the last fiscal and commonly known as the prime minister’s relief package.
Animal disease emergency ahead of Eid-ul-Azha
By Staff Reporter
ISLAMABAD: The government has decided to declare a national disease emergency on account of an outbreak of lumpy skin disease (LSD) in the country ahead of Eid-ul-Azha.
POWER WOES: Residents of Quetta’s Spinny Road are seeing protesting against load shedding in their area in this photo dated June 18, 2022, ONLINE PHOTO by Samiullah.
Monsoons, KANUPP-2 bring welcome respite in load shedding
By Staff Reporter
ISLAMABAD: As the Indus starts to swell with the onset of Monsoon rains, power generation capacity of the Tarbela hydroelectric plant is set to improve by 2,500 MW and 3,500 MW, allowing the authorities to cut back load shedding, Independent Pakistan can report.
The anatomy of our horrid power crisis
By Staff Reporter
ISLAMABAD: Despite the government’s repeated claims to end load shedding, Pakistani households and businesses continued to suffer intermittent power outages in the scorching summer heat of June – and the pattern shows no signs of going away in July.
PM pushes new US envoy to deepen investment ties
By Staff Reporter
ISLAMABAD: Prime Minister Shehbaz Sharif on Friday, in his first interaction with the new full-time US envoy, said Pakistan wished mutually respected ties with Washington, which could be further bolstered through investment, trade, and development finance, a statement said.
Medical profession in regulatory limbo
By Staff Reporter
ISLAMABAD: The medical profession in Pakistan exists in a regulatory vacuum right now because the sector has no regulator, but inexplicably, the government of Prime Minister Shehbaz Sharif shows no sense urgency over the matter.
Former prime minister Imran Khan is seen planting a sapling during the ground-breaking ceremony of Margalla Highway, Islamabad, on April 19, 2021. Photo courtesy PID.
Billion tree tsunami under scrutiny for graft
By Staff Reporter
ISLAMABAD: Former prime minister Imran Khan’s flagship billion tree tsunami has attracted the attention of anti-graft authorities, Independent Pakistan can report.
ISLAMABAD: Minister of Finance Miftah Ismail addressing a press conference along with others at Pak Secretariat in Federal Capital. ONLINE PHOTO by Sultan Bashir dated June 11, 2022
Miftah Ismail’s ironclad case for super tax
By Staff Reporter
ISLAMABAD: A candid exchange over Twitter involving Finance Minister Miftah Ismail was reported here the other day as “a rare peek” into his approach to budget making. It turns out such peeks are anything but rare.