By Staff Reporter
KARACHI: Jameel Ahmed, a career central banker, was appointed to head the State Bank of Pakistan (SBP) on Friday as the government seeks to pull the country out of an economic tailspin, avoid a default and resume an installed International Monetary Fund bailout programme.
By Staff Reporter
ISLAMABAD: The government has lifted an import ban on luxury goods, but has also planned heavy taxes and duties between 400 to 600 percent on such items to curb imports, a minister said on Thursday.
By Staff Reporter
ISLAMABAD: PTI chief Imran Khan on Thursday called on the military establishment to review its policies of supporting the coalition government of Prime Minister Shehbaz Sharif as there was still time left to manage the political and economic crisis in the country.
A Senate committee has greenlit a constitutional amendment draft to give parliament a say in appointment of judges to the Supreme Court of Pakistan (SCP). By Ahmer Kureishi.
As it ordered IG Islamabad to probe Gill’s torture allegations, the IHC also sought report on his condition upon his arrival at Adiala from Prisons authorities. By Naveed Naqvi.
Stress is a known trigger of asthma, which seems to be the case with Shahbaz Gill, who is said to have a history of asthma since childhood. By Naveed Naqvi.
By Staff Reporter
ISLAMABAD: Pakistan has assured the IMF on a phase-wise increase in tax on petroleum products, citing a further raise of Rs10 per liter planned from September 1, officials said.
By Naveed Naqvi
RAWALPINDI: Punjab Prisons authorities finally handed over the custody of Shahbaz Gill, the chief of staff of former Prime Minister Imran Khan, to Islamabad police for further investigation pursuant to a court order after keeping the investigators waiting for hours.
The PTI dissident has filed a petition to become a party to PTI’s challenge against the ECP ruling in the foreign funding case. By Naveed Naqvi.
The stage now seems set for the revival of the program and disbursement of a USD 1.17 billion tranche before August is out. By Muhammad Ali.
