By Staff Reporter
ISLAMABAD: Former Pakistani Prime Minister Imran Khan claimed on Monday that ex-spymaster Faiz Hameed was being coerced into testifying against him to facilitate a military court trial in connection with the violence on May 9.
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IMF board omits Pakistan $7bln bailout approval from August schedule
By Staff Reporter
ISLAMABAD: The International Monetary Fund’s (IMF) Executive Board has released its schedule until August 28, but Pakistan’s name is notably absent from the agenda, casting uncertainty over the final approval of the country’s much-anticipated $7 billion bailout package.
PIA trims fares on Karachi-Saudi routes by 30pc
By Staff Reporter
ISLAMABAD: Pakistan International Airlines (PIA) has reduced fares on flights from Karachi to Jeddah and Madinah by 30 percent, effective immediately, a spokesperson said on Monday.
Pakistan seeks to revive ties with UAE lender to bolster fragile economy
By Staff Reporter
ISLAMABAD: The finance minister on Monday pitched the country’s lucrative IT and agriculture sectors to Mashreq Bank, as the country seeks to revive ties with the UAE lender and tap into its investment potential to bolster a fragile economy.
Military foils militant incursion from Afghanistan, five insurgents killed, three soldiers martyred
By Staff Reporter
ISLAMABAD: Pakistani security forces thwarted an infiltration attempt from Afghanistan, killing five militants in a border clash that also claimed the lives of three soldiers, the military said on Monday.
Supreme Court blocks High Court orders in audio leaks case
By Staff Reporter
ISLAMABAD: The Supreme Court of Pakistan on Monday set aside Islamabad High Court orders in a case involving leaked audio recordings, citing lack of authority, and restrained the lower court from further action.
Current account deficit narrows 78pc in July
By Staff Reporter
KARACHI: The current account deficit shrank 78 percent to $162 million in July from a year earlier, as exports and remittances surged, data from the State Bank of Pakistan showed on Monday.
Pakistan reports new mpox case, African strain not found
By Staff Reporter
ISLAMABAD: Pakistan reported a new suspected case of mpox virus on Monday, but said the recently identified African strain, which has sparked global concern, was not involved.
Pakistan economy in “poverty trap”, requires policy overhaul – economist
By Staff Reporter
ISLAMABAD: Pakistan’s economy is stuck in a “poverty trap” due to decades of poor governance and policy mistakes, according to Atif Mian, a noted Pakistani-American economist, who warned that only a fundamental shift in policy can help the country escape its current economic woes.
YouTuber Khosa freed after brief disappearance over power price satire
By Staff Reporter
ISLAMABAD: YouTuber and comedian Aun Ali Khosa, whose satirical song “Bill Bill Pakistan” criticized soaring electricity rates and parodied the famous “Dil Dil Pakistan”, has been released after being taken from his home by police and plainclothes officers last week, his lawyers said on Monday.