By Staff Reporter
ISLAMABAD: Severe weather conditions in Pakistan have led to the deaths of 15 people due to lightning strikes in the provinces of Punjab and Balochistan, provincial disaster management authorities said on Saturday.
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State Bank of Pakistan repays $1 billion Eurobond
By Staff Reporter
KARACHI: The State Bank of Pakistan (SBP) has successfully repaid a $1 billion Eurobond, it said on Saturday, amid efforts to secure a new long-term bailout from the International Monetary Fund (IMF) to stabilize its economy and manage external financing needs.
Nine Punjab passengers killed in targeted bus attack in Balochistan
By Staff Reporter
ISLAMABAD: Nine passengers from Punjab province were killed by unidentified gunmen after being abducted from a bus traveling from Quetta to Taftan, a senior police official said on Saturday.
Georgieva signals new IMF-Pakistan program to tackle ‘important issues’
By Monitoring Desk
KARACHI: The International Monetary Fund (IMF) and Pakistan are currently in talks regarding a potential follow-up program to the existing nine-month, $3 billion stand-by arrangement, IMF Managing Director Kristalina Georgieva said on Thursday.
A clash between uniforms in Bahawalnagar sparks outrage and denials
By Staff Reporter
ISLAMABAD: The Punjab Police on Wednesday denounced the spread of what it called “fake propaganda” following the circulation of videos on social media that appeared to show Pakistan Army officers allegedly assaulting police personnel in Bahawalnagar.
17 killed, 41 injured as pilgrims’ truck tumbles into ditch in southwestern Pakistan
By Staff Reporter
KARACHI: Seventeen religious pilgrims perished and 41 were injured in southwestern Pakistan on Wednesday when their truck veered off the road and into a ditch.
ADB cautions on Pakistan’s fragile economy as reform efforts face high risks
By Staff Reporter
ISLAMABAD: The Asian Development Bank (ADB) on Thursday issued a cautionary forecast for Pakistan’s economic future, highlighting “high risks” and political instability as major impediments to the country’s reform initiatives.
PPP’s Gillani, PML-N’s Nasir elected to Senate’s top seats in uncontested vote
By Staff Reporter
ISLAMABAD: Former Prime Minister Syed Yousaf Raza Gillani and Pakistan Muslim League Nawaz’s (PML-N) Syedal Khan Nasir were elected unopposed as the Senate chairman and deputy chairman, respectively, on Tuesday, in a session that saw 41 newly elected Senators take their oaths amid protests by Tehreek-e-Insaf (PTI) lawmakers.
PM Sharif orders disciplinary action against five officials after suicide attack on Chinese workers
By Staff Reporter
ISLAMABAD: Prime Minister Shehbaz Sharif on Saturday ordered disciplinary action against five officials following an inquiry into a suicide attack in the country’s northwest that killed six people, including five Chinese nationals.
Blinken, Dar engage in talks to pursue ‘robust partnership’”
By Staff Reporter
ISLAMABAD: US Secretary of State Antony J. Blinken and Pakistani Foreign Minister Ishaq Dar held a phone call on Friday, marking a thaw in relations with discussions on a “robust partnership,” the US embassy in Islamabad said.