By Staff Reporter
ISLAMABAD: The Asian Development Bank (ADB) has approved $1.5 billion in financing to help Pakistan provide social protection, promote food security, and support employment amid devastating floods and global supply chain disruptions.
By Staff Reporter
Islamabad: The government has deployed extra police force along with para military rangers around the election commission office in the capital, Islamabad, in case Pakistan Tahreek-e-Insaf supports try to react violently in response to a decision on Toshakhana disqualification case filed against former prime minister Imran Khan due today.
Monitoring Desk
ISLAMABAD: Pakistan will ask international lenders for billions of dollars worth of new loans to rebuild the country after calamitous floods uprooted 33 million people and pushed its cash-strapped economy even closer to insolvency, Financial Times reported.
By Staff Reporter
KARACHI: The current account deficit narrowed sharply in the first quarter of the current fiscal year amid a decline in imports, which is being driven by slowing domestic demand as the central bank aggressively tightens monetary policy in recent months to tame runaway inflation.
By Staff Reporter
ISLAMABAD: Finance minister Ishaq Dar said the country is ready to buy fuel from Russia if the same rate that India is paying is applicable to Pakistan as well.
By Staff Reporter
ISLAMABAD: The government on Wednesday said the damage from this summer’s catastrophic flooding is now estimated at $40 billion, as much as 25 percent higher than projections a month ago.
Monitoring Desk
KARACHI: Investment bank JPMorgan has called the slump in Pakistan’s bonds to just a third of their face value justified, following the country’s devastating floods and recent warnings by officials that some debt payments may need to be suspended.
By Staff Reporter
ISLAMABAD: The top military leadership on Tuesday reposed full confidence in the country’s nuclear command and control structure and the security of its strategic nuclear arms.
Monitoring Desk
WASHINGTON: The United States said on Monday that it had confidence in Pakistan’s ability to control its nuclear arsenal after President Joe Biden expressed alarm, leading Islamabad to summon the US ambassador.
By Staff Reporter
ISLAMABAD: Former prime minister Imran Khan on Monday again stopped short of announcing a date for his planned protest march to the capital Islamabad, as he gave the coalition government more time to announce snap polls.
