By Staff Reporter
ISLAMABAD: Pakistan confirmed on Monday that it had conducted airstrikes against suspected militant hideouts in Afghanistan, following a deadly assault on a Pakistani military outpost.
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SBP holds policy rate steady at 22pc, citing inflation risks
By Staff Reporter
KARACHI: Pakistan’s central bank maintained its benchmark interest rate at 22 percent on Monday, in a widely anticipated move that marks the sixth consecutive policy meeting without a change.
Military says seven soldiers killed in militant attack on army post in northwest Pakistan
By Staff Reporter
ISLAMABAD: Suspected Islamist militants attacked a Pakistani army post in the country’s restive northwest near Afghanistan early on Saturday, killing seven soldiers, including two officers, in a brazen assault that highlighted the security challenges facing the country.
IMF and Pakistan lock horns in final $3 billion standby review
By Staff Reporter
ISLAMABAD: The Finance Ministry commenced the final review of its $3 billion standby arrangement with the International Monetary Fund (IMF) on Thursday, signaling confidence in meeting the fund’s criteria and securing a subsequent tranche of $1.1 billion.
Peshawar High Court upholds ECP’s decision on reserved seats
By Staff Reporter
ISLAMABAD: The Peshawar High Court on Thursday upheld the Election Commission of Pakistan’s (ECP) decision to reject the Sunni Ittehad Council’s (SIC) claim to reserved seats for women and minorities in the Parliament.
IMF to conclude Pakistan’s SBA review amid new bailout talks
By Staff Reporter
ISLAMABAD: The International Monetary Fund (IMF) is set to conduct its final review of Pakistan’s $3 billion stand-by arrangement (SBA) starting today, with discussions anticipated on a new, longer-term bailout for the South Asian nation, the finance ministry and IMF said.
Imran Khan’s allies arrested amid nationwide protests against alleged vote rigging
By Staff Reporter
ISLAMABAD: The police arrested dozens of opposition activists on Sunday, including two close aides of the jailed former prime minister Imran Khan, as his party staged nationwide protests against what it called a rigged election last month.
Asif Zardari sworn in as Pakistan’s president for a second time
By Staff Reporter
ISLAMABAD: Asif Ali Zardari, the co-chairman of the Pakistan Peoples Party, was sworn in as the 14th president of Pakistan on Sunday, becoming the first person to hold the office twice in the country’s history.
Zardari wins second term as Pakistan’s president
By Staff Reporter
ISLAMABAD: Asif Ali Zardari, the leader of the Pakistan Peoples Party and a former president, won a second term as the country’s head of state on Saturday, defeating his rival Mahmood Khan Achakzai, a veteran politician and an ally of the jailed former prime minister Imran Khan.
Legal challenges mar presidential race between Zardari and Achakzai
By Staff Reporter
ISLAMABAD: Legislative houses are set to elect the 14th president on Saturday, in a contest that has been marred by legal disputes and political wrangling over the composition of the electoral college.