By Staff Reporter
ISLAMABAD: Prime Minister Shehbaz Sharif on Thursday accused his predecessor Imran Khan of committing high-level treason by peddling the foreign conspiracy narrative for his ouster in April that inflicted an irreparable damage to the country’s reputation.
By Staff Reporter
KARACHI: Global ratings agency Moody’s cut Pakistan’s sovereign credit rating on Thursday by one notch to Caa1 from B3, citing increased government liquidity, external vulnerability risks and higher debt sustainability risks, following the devastating floods in the country.
By Staff Reporter
ISLAMABAD: The finance ministry has rejected Moody’s decision to downgrade Pakistan’s sovereign credit rating to Caa1 — very high credit risk status — as ‘unilateral’ and ‘not truly reflective of the country’s macroeconomic conditions”.
Pakistan Development Outlook says implementation of IMF-sponsored reform has been made more challenging by this monsoon’s catastrophic floods. By Muhammad Ali.
By Staff Reporter
ISLAMABAD: General Qamar Javed Bajwa reiterated that he will retire next month, ending speculation that the army chief will seek a third term.
By Staff Reporter
ISLAMABAD: The Asian Development Bank on Wednesday said it will provide $2.3 to $2.5 billion for relief operations in the wake of devastating floods in Pakistan that have affected more than 33 million people.
By Naveed Naqvi
ISLAMABAD: The government while announcing to stop PTI Long March entrance to Islamabad, has approved the action against all those organizations helping the march in form of logistics and economic means.
By Naveed Naqvi
ISLAMABAD: Prime minister, Shehbaz Sharif, has accused the former premier Imran Khan of being the “the biggest liar on the face of the earth” and injecting poison into society to “dangerously polarise the electorate”, after he was toppled from power earlier this year.
By Staff Reporter
ISLAMABAD: The International Monetary Fund (IMF) said policy commitments made by Pakistan for the resumption of bailout package continue to apply.
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.
