News Desk
ISLAMABAD: Pakistan is seeking a new loan of at least $6 billion from the International Monetary Fund to help the incoming government cope with a looming debt crisis, Bloomberg reported on Thursday.
Top Stories
SC dismisses petition to nullify Feb 8 polls, fines ex-brigadier
By Staff Reporter
ISLAMABAD: The Supreme Court of Pakistan on Wednesday dismissed a petition that sought to declare the February 8 general elections null and void, and imposed a fine of Rs500,000 on the petitioner, who failed to appear before the court for two consecutive hearings.
CPPA seeks highest-ever fuel charge hike for electricity consumers
By Staff Reporter
ISLAMABAD: The power purchasing agency has sought a record-high increase in fuel charges for the upcoming electricity bills, citing higher domestic coal and gas prices in January, a move that would hit the already struggling consumers hard.
Internet curbs persist as X users blocked for fifth day
By Staff Reporter
ISLAMABAD: Millions of Pakistanis were still unable to access the popular social media platform X on Wednesday, as the government maintained its internet restrictions amid a political standoff over the disputed general elections.
Sharif and Zardari strike a deal on coalition government
By Staff Reporter
ISLAMABAD: After a week of intense negotiations, two of Pakistan’s major parties announced on Tuesday that they had reached a power-sharing deal to form the next government, ending days of political uncertainty in the nuclear-armed country.
From prison, Khan denounces ‘mother of all riggings’ in Feb 8 polls
By Staff Reporter
ISLAMABAD: Former prime minister Imran Khan, who is serving a 30-year jail term on charges of leaking state secrets and corruption, issued a defiant message through his family on Tuesday, accusing his rivals of orchestrating the “mother of all riggings” in the general election held last week.
Bhutto-Zardari warns of ‘dangerous stalemate’ as coalition talks drag on
By Staff Reporter
ISLAMABAD: Former foreign minister Bilawal Bhutto-Zardari warned of a dangerous stalemate on Tuesday as his party resumed tense negotiations with the Pakistan Muslim League Nawaz (PM-N) in the National Assembly to reach a power-sharing agreement for forming the next coalition administration.
Court suspends three Sharif allies’ election wins amid fraud claims
By Staff Reporter
ISLAMABAD: A high court on Monday suspended the election victories of three candidates for the National Assembly from the party of former prime minister Nawaz Sharif, pending further scrutiny by the election commission.
Khan’s independents join religious party to secure reserved seats in parliament
By Staff Reporter
ISLAMABAD: Independent candidates loyal to jailed former prime minister Imran Khan, who won the most seats in Pakistan’s national election this month, will join a small religious party to claim reserved seats for women and minorities in the country’s parliament, Khan’s party said on Monday.
Current account swings to deficit in January as imports surge
By Staff Reporter
KARACHI: Pakistan’s current account balance turned negative in January, as a surge in imports outweighed a modest increase in remittances and a slight decline in exports, central bank data showed on Monday.