RAWALPINDI: Uzma Khanum, a sister of Pakistan’s imprisoned former prime minister Imran Khan, said on Tuesday that her brother was “perfectly fine” physically after a tightly supervised meeting with him in Adiala Jail, dispelling rumors that had swirled for weeks about his health and possible mistreatment.
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PC board adds three SOEs to privatisation List, drops two in asset overhaul
ISLAMABAD: The Privatisation Commission board recommended adding three state-owned enterprises to its divestment program while removing two others, as the government pushes ahead with efforts to streamline public assets and bolster fiscal health.
Surge in private sector credit masks persistent investment drought
ISLAMABAD: Credit to the private sector has surged to a three-year high in the first five months of the current fiscal year, crossing Rs1 trillion for the first time in that period, according to data released by the State Bank of Pakistan.
Civilian deaths surge as militant violence edges up in Pakistan, report says
ISLAMABAD: Militant violence in Pakistan escalated slightly in November, with a sharp increase in civilian fatalities even as losses among security forces plummeted, according to a report released by a leading think tank on Monday.
FM Aurangzeb hails IMF report as catalyst for reforms, vows action on governance lapses
ISLAMABAD: Finance minister on Monday defended a long-awaited International Monetary Fund report on governance and corruption as a vital tool for institutional overhaul, dismissing opposition claims of deliberate delays and pledging to implement its recommendations amid broader efforts to digitise the economy and confront climate change.
Row over Achakzai’s remarks deepens tensions in National Assembly
ISLAMABAD: The speaker of Pakistan’s National Assembly sharply rebuked what he called anti-parliamentary statements by a prominent opposition figure on Monday, vowing to defend the institution against any threats and urging lawmakers to collectively discourage such rhetoric to preserve democratic traditions.
Floods to cut GDP growth by 0.5 percent, finance minister warns of eroding recovery
ISLAMABAD: Finance minister said this year’s climate-driven floods are expected to shave 0.5% off the country’s GDP growth forecast, warning that the economic cost of extreme weather is now eroding the nation’s recovery prospects.
Karachi’s failing infrastructure claims life of 3-year-old boy
KARACHI: The body of a 3-year-old boy who plunged into an open manhole in the bustling Gulshan-i-Iqbal neighborhood in Karachi on Sunday night was recovered on Monday, more than 12 hours after the accident, rescue officials said, underscoring the persistent dangers of the city’s neglected infrastructure.
Three security personnel killed in suicide attacks in Pakistan’s restive west
ISLAMABAD: Two paramilitary soldiers and a police constable were killed in separate suicide attacks in Pakistan’s western provinces bordering Afghanistan, officials said, as the country grapples with a steep rise in militant violence.
Islamabad, Peshawar trade barbs as talk of governor’s rule in KP heats up
ISLAMABAD: The government on Monday emphasised that imposing governor’s rule in a province remains a constitutional option, even as the chief minister of Khyber Pakhtunkhwa, Sohail Afridi, challenged the federal authorities to follow through with the measure amid escalating tensions over security and governance.