KARACHI: Pakistan’s current account swung to a surplus of $2.1 billion in the fiscal year 2024-25, marking the first annual surplus in 14 years and the largest in 22 years, driven by a surge in remittances and structural reforms, the State Bank of Pakistan (SBP) data showed on Friday.
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Khyber Pakhtunkhwa parties agree to uncontested Senate elections
ISLAMABAD: The ruling Pakistan Tehreek‑e‑Insaf (PTI) and four opposition parties in Khyber Pakhtunkhwa have agreed to fill all 11 of the province’s Senate seats without contest, ironing out differences that had left the upper house of the parliament vacant for more than 17 months.
Trump not planning Pakistan trip, White House says
ISLAMABAD: President Donald Trump has no plans to visit Pakistan in mid-September, a White House official confirmed on Thursday, dismissing reports from Pakistani media that had suggested such a trip was imminent.
Pakistan, Uzbekistan, Afghanistan sign pact for major regional railway project
ISLAMABAD: Pakistan, Uzbekistan, and Afghanistan signed a framework agreement on Thursday to conduct a joint feasibility study for the Uzbekistan-Afghanistan-Pakistan (UAP) Railway Project, a transformative initiative to link Central Asia to Pakistani seaports via Afghanistan, boosting regional trade and connectivity.
Pakistan, EU bolster trade and security pact, urge Gaza ceasefire
ISLAMABAD: Senior officials from Pakistan and the European Union met in Brussels on Thursday to strengthen their partnership under the Generalized Scheme of Preferences Plus (GSP+), a trade framework that has fueled a 108 percent surge in Pakistani exports to Europe since 2014.
Over 60 killed as monsoon floods swamp Punjab; state of emergency declared
ISLAMABAD: Relentless monsoon rains and widespread flooding have swept through Pakistan’s Punjab province, killing more than 60 people in the past 24 hours and forcing authorities to impose Section 144 and declare a state of emergency in several districts on Thursday.
Pakistan gender pay gap hits 30 percent, defies regional norms: ILO
ISLAMABAD: In a nation where women have long confronted steep barriers to economic opportunity, a new International Labour Organisation (ILO) report has cast a harsh light on Pakistan’s widening gender pay gap.
ECP’s seat reallocation shakes up Khyber Pakhtunkhwa assembly ahead of Senate elections
ISLAMABAD: The Election Commission of Pakistan (ECP) has upended the political balance in the Khyber Pakhtunkhwa Assembly with a recent order reallocating reserved seats, leading to a reshuffling of opposition party positions just days before crucial Senate elections.
Pakistanis spend Rs4.7 billion digitally on Eid sacrificial animals
KARACHI: Pakistanis spent Rs4.7 billion on sacrificial animals through digital transactions during this year’s Eid-ul-Azha, the State Bank of Pakistan said, signaling a shift toward cashless commerce in a traditionally cash-heavy market.
Pakistan flaunts advanced jets at UK airshow after India clash spotlight
ISLAMABAD: Pakistan’s air force landed its most advanced fighter jets at a major British airshow starting Friday, a high-profile appearance just weeks after downing five Indian aircraft in a dramatic aerial clash that showcased its military might.