Pakistan seeks GCC trade and capital as IMF-backed stabilisation takes hold

ISLAMABAD: Pakistan is ditching its reliance on foreign aid in favor of deeper trade and investment ties, particularly with Gulf Cooperation Council nations, as the South Asian economy stabilises after a bruising period of high inflation and external pressures, Finance Minister Muhammad Aurangzeb said.

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Punjab lawmakers advance strict limits on kite flying ahead of Basant revival

LAHORE: In a move to rein in the lethal hazards of the beloved but perilous Basant festival, a key committee in Punjab Province approved legislation on Monday that would impose a near-total ban on kite flying, allowing the activity only on designated days and in approved locations, with severe penalties for violations.

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PTI calls UN jail findings evidence of political vendetta against Imran Khan

ISLAMABAD: The opposition Pakistan Tehreek-e-Insaf party voiced deep alarm on Sunday over a United Nations report that accused authorities of subjecting former prime minister Imran Khan to conditions in prison that could amount to “inhuman or degrading treatment,” calling it evidence of a politically motivated vendetta and demanding immediate reforms to his detention.

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Media groups condemn government ad ban on Dawn outlets as attack on press freedom

ISLAMABAD: Media organisations across Pakistan have united in condemning a government ban on advertisements to outlets operated by the Dawn Media Group, describing it as a calculated effort to financially cripple one of the country’s most respected news institutions and stifle independent journalism.

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Pakistan grants initial crypto clearances to Binance, HTX under phased regulatory framework

ISLAMABAD: Pakistan’s cryptocurrency regulator clarified that the initial clearances granted to global exchanges Binance and HTX are far from a full endorsement, describing them instead as the opening move in a tightly controlled, step-by-step framework aimed at harnessing the sector while mitigating risks.

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Pakistan denies IMF imposes new conditions, calls measures “phased reform agenda”

ISLAMABAD: The finance ministry pushed back against reports of tough new conditions tied to its bailout program with the International Monetary Fund, insisting that a slate of 11 fresh targets represents “continuity, sequencing, and deepening of Pakistan’s agreed reform agenda” rather than the “imposition of abrupt or unprecedented conditions.”

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Russia’s RT India retracts post on Sharif, saying it misrepresented meeting with Putin

ISLAMABAD: Russia’s state-funded media outlet RT India retracted a social media post on Saturday that suggested Pakistan’s Prime Minister Shehbaz Sharif had waited impatiently to meet President Vladimir V. Putin during an international forum in Ashgabat, Turkmenistan, acknowledging that the account “may have been a misrepresentation of events.”

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