By Staff Reporter
ISLAMABAD: The International Monetary Fund (IMF) said policy commitments made by Pakistan for the resumption of bailout package continue to apply.
Politics
UN hikes Pakistan’s flood aid appeal to $816 million
By Staff Reporter
ISLAMABAD: The United Nations has revised up its humanitarian appeal for Pakistan five-fold to $816 million from $160 million for floods relief as the country’s climate change minister said on Tuesday Islamabad is short of money to spend on immediate relief and recovery.
IHC drops contempt case against ex-PM Khan
By Staff Reporter
ISLAMABAD: Islamabad High Court on Monday accepted former Prime Minister Imran Khan’s written apology for comments he made against a female judge in August and dropped a contempt of court case against him, lawyers said.
Cabinet approves legal action against ex-PM Khan over leaked cypher audio
By Staff Reporter
ISLAMABAD: The government on Sunday decided to initiate legal action against former prime minister Imran Khan and his party’s senior leaders over audio leaks in which the PTI chief could allegedly be heard discussing the controversial US cypher and how to exploit it to portray his ouster as a conspiracy.
HBL faces liability for terrorist attacks in US court
By Staff Reporter
KARACHI: Pakistan’s largest bank, Habib Bank Limited (HBL), faces secondary liabilities in a terror financing case in the US in which the plaintiffs had alleged that it aided and abetted Al Qaeda terrorism and joined a conspiracy to launch attacks that killed or injured 370 people.
ADB plans $2.2 billion aid package for flood-hit Pakistan
By Staff Reporter
ISLAMABAD: The Asian Development Bank (ADB) has planned to lend up to $700 million in loans to Pakistan before year-end to help support flood-ravaged economy, a top official said on Thursday, taking the total funding to $2.2 billion post deluge.
Dar takes oath as new finance minister
By Staff Reporter
ISLAMABAD: Senator Ishaq Dar has taken oath as the country’s new finance minister a day after he was sworn in as a member of the upper house of the parliament.
Miftah Ismail walks into the sunset as Dar returns as new Finance Minister
Many believe the outgoing foreign minister’s brief stint in office was a tour de force, although others excoriate him over inflation and exchange rate. By Naveed Naqvi
PM Sharif says ‘all hell’ to break loose without debt relief
By Staff Reporter
KARACHI: Prime Minister Shehbaz Sharif said on Friday “all hell will break loose” if the flood devastated Pakistan is not provided with debt relief by rich countries.
Former Finance Minister Ishaq Dar (extreme right) is expected to return from self-exile in the first week of September. Image courtesy twitter.com/MIshaqDar50
The return of the wizard?
The stage seems set for the return of former Finance Minister Ishaq Dar after an Islamabad court lifted an arrest order against him. By Naveed Naqvi.