By Staff Reporter
KARACHI: The International Monetary Fund (IMF) has forecast a 2 percent GDP growth for Pakistan in the current fiscal year, marking a recovery from the previous year’s -0.2 percent downturn.
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Saudi foreign minister commits to boosting economic ties with Pakistan
By Staff Reporter
ISLAMABAD: Saudi Foreign Minister Faisal bin Farhan Al Saud on Tuesday pledged to enhance economic collaboration with Pakistan, saying “very, very positive” investment-focused discussions were held during his recent visit to Islamabad.
Pakistan military to take stern measures against ‘malicious’ social media campaigns
By Staff Reporter
ISLAMABAD: The Pakistan Army on Tuesday issued a stern warning against what it called “malicious” propaganda and unfounded accusations targeting the military, following a series of videos on social media that showed soldiers in a physical altercation with police officers.
Pakistan probes Indian involvement in attack on man linked to espionage killing
ISLAMABAD: Interior Minister, Mohsin Naqvi, said on Monday that preliminary findings of an investigation point to Indian involvement in the weekend attack on Amir Tamba, a Pakistani man linked to the 2013 killing of an Indian national convicted of espionage.
FM Aurangzeb emphasises action over advice for economic progress
Monitoring Desk
ISLAMABAD: Finance Minister Muhammad Aurangzeb, speaking at the Atlantic Council in Washington, D.C., emphasized the importance of implementing current strategies over gathering policy advice to achieve economic stability, Dawn newspaper reported on Tuesday.
Petrol hits Rs293.94/litre, diesel at Rs290.38
By Staff Reporter
ISLAMABAD: The government has raised fuel prices by 1.57 percent for petrol and 2.88 percent for high-speed diesel (HSD), effective until April 30, amidst fluctuations in the international oil market.
Saudi delegation arrives in Pakistan to strengthen economic ties
By Staff Reporter
ISLAMABAD: A high-level delegation from Saudi Arabia, led by Foreign Minister Prince Faisal bin Farhan bin Abdullah, arrived in Pakistan on Monday for a two-day visit aimed at enhancing economic cooperation between the two nations.
Lightning strikes claim 15 lives across Punjab and Balochistan
By Staff Reporter
ISLAMABAD: Severe weather conditions in Pakistan have led to the deaths of 15 people due to lightning strikes in the provinces of Punjab and Balochistan, provincial disaster management authorities said on Saturday.
State Bank of Pakistan repays $1 billion Eurobond
By Staff Reporter
KARACHI: The State Bank of Pakistan (SBP) has successfully repaid a $1 billion Eurobond, it said on Saturday, amid efforts to secure a new long-term bailout from the International Monetary Fund (IMF) to stabilize its economy and manage external financing needs.
Nine Punjab passengers killed in targeted bus attack in Balochistan
By Staff Reporter
ISLAMABAD: Nine passengers from Punjab province were killed by unidentified gunmen after being abducted from a bus traveling from Quetta to Taftan, a senior police official said on Saturday.