By Staff Reporter
KARACHI: Finance minister Ishaq Dar on Friday said he will not take dictation from the International Monetary Fund (IMF) on managing the country’s finances and would prioritise Pakistan’s economic interests.
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Pakistan embassy in Kabul attacked
By Staff Reporter
ISLAMABAD: Pakistan’s embassy in Kabul came under gun attack on Friday, wounding a security guard, officials said, amid tensions over security issues between the neighboring countries.
Saudi Arabia extends $3bln deposit term to Pakistan
By Staff Reporter
KARACHI: Saudi Arabia extended the term of a $3 billion deposit it made to Pakistan’s foreign reserves, the central bank said on Friday.
Trade deficit shrinks on weak imports
By Staff Reporter
ISLAMABAD: Imports fell by almost a quarter in July-November period of the current fiscal year of 2022-23 after a ban on non-essentials good, narrowing the trade gap by 30.14 percent to $14.4 billion, official data showed.
Headline inflation eases in November, core inflation up
By Staff Reporter
ISLAMABAD: Consumer price inflation slowed to 23.8 percent in November as aggressive policy tightening dampened demand, official data showed on Thursday.
Govt keeps domestic fuel prices unchanged
By Staff Reporter
ISLAMABAD: Prime Minister Shehbaz Sharif’s government on Wednesday decided to keep domestic prices of gasoline and diesel unchanged until December 15, finance minister Ishaq Dar said.
TTP suicide bomber kills four, wounds at least 26 in southwestern Pakistan
By Staff Reporter
ISLAMABAD: A suspected suicide bomber from the banned Tehreek-i-Taliban Pakistan (TTP) blew himself up near an escorting police truck carrying security personnel to protect polio workers in the restive Balochistan province on Wednesday, killing at least four people and injuring 26 others, including 23 policemen, just two days after the militant group ended a ceasefire.
Imran Khan says his party to quit all assemblies
By Naveed Naqvi
RAWALPINDI: Former prime minister Imran Khan on Saturday said his party would quit the provincial and national assemblies, instead of marching on Islamabad in a new bid to force the coalition government of Prime Minister Shehbaz Sharif to announce snap polls.
SBP surprises with 100bp rate hike to tame inflation, ready for more action
By Staff Reporter
KARACHI: The State Bank of Pakistan (SBP) on Friday raised its main interest rate by 100 basis points in a bid to crush inflation, surprising markets and becoming the first South Asian country to make such an aggressive hike in this economic cycle.
Imran Khan calls on PTI protesters to reach garrison city on Nov 26
By Staff Reporter
ISLAMABAD: Former prime minister Imran Khan asked his party Pakistan Tareek-e-Insaf (PTI) supporters to assemble in Rawalpindi on November 26 in the last leg of his campaign for snap elections.