By Staff Reporter
ISLAMABAD: Pakistan is back in the market for liquefied natural gas (LNG) after a year-long hiatus, as it tries to secure supplies for the winter season amid a global gas crunch.
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Delimitation of constituencies done, Pakistan moves ahead with 2024 polls
By Staff Reporter
ISLAMABAD: Pakistan moved closer to holding general elections in January 2024 as the election commission on Wednesday released a preliminary report on the delimitation of constituencies based on the latest digital census.
Caretaker Minister for Finance Dr Shamshad Akhtar and the Caretaker PM’s Advisor on Finance Dr Waqar Masood Khan
Titans’ clash threatens rupee gains, IMF review
Two heads are better than one, goes the old saw. But two in this case seem to be too many – as in too many cooks spoil the broth. At stake is the economic wellbeing of the country, but does anyone care? By Muhammad Ali.
Rights group criticises caretaker Kakar for excluding jailed Khan from polls
By Staff Reporter
ISLAMABAD: The Human Rights Commission of Pakistan, an independent watchdog, on Monday criticised the caretaker government for suggesting that the country could hold fair elections without the participation of Imran Khan, the jailed leader of the opposition Pakistan Tehreek-e-Insaf (PTI) party.
Former PM Khan to be moved to better jail near Islamabad
By Staff Reporter
ISLAMABAD: The Islamabad High Court on Monday ordered the transfer of former Prime Minister Imran Khan from a remote jail in Punjab to a better facility in near the capital, Islamabad, where he faces charges of leaking state secrets.
PM Kakar blasts India for ‘Hindutva extremism’ at U.N.
By Staff Reporter
ISLAMABAD: Caretaker Prime Minister Anwaar ul Haq Kakar on Friday denounced ‘Hindutva extremists’ as a threat to global peace and security, and urged the United Nations to act against terrorism in all its forms.
Pakistan targets 85 state enterprises for performance boost, possible sale
By Staff Reporter
ISLAMABAD: The caretaker government is seeking to improve the performance of 85 state-owned enterprises (SOEs) that have the potential to pay dividends or become profitable, as it prepares for a possible privatisation drive to dispose of dozens of losing-making entities.
Census data pushes polls to January, two months past deadline
By Staff Reporter
ISLAMABAD: Pakistan’s election commission said on Thursday that it would hold general elections in the last week of January 2024, more than two months after the constitutional deadline, citing the need to redraw electoral boundaries based on the latest census.
IMF’s Georgieva tells Pakistan to tax the rich, protect the poor
The IMF bailout is a double-edged sword for Pakistan. It saved the country from default, but it also imposed harsh conditions. The country faces a dilemma: how to comply with the Fund without alienating the public, who suffer from inflation and energy prices. The govt must balance fiscal discipline with public welfare. IMF chief recommends taxing the rich and shielding the poor.
Pakistan’s growth lags behind region as inflation soars, ADB says
ADB lowers Pakistan’s growth forecast to 1.9pc from 2pc, citing erratic rainfall and global price shocks. Inflation projected to rise to 25pc, the highest in Asia. The country’s economic recovery hinges on the IMF-supported adjustment program.