By Staff Reporter
ISLAMABAD: The World Bank has projected a modest 1.8 percent growth for Pakistan’s economy in fiscal year 2024, attributing the sluggish pace to enduring trade deficits and constrained external financing.
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Pakistan canvasses interest in purchase of stake in PIA
Monitoring Desk
KARACHI: As part of reforms urged by the International Monetary Fund (IMF), the Privatisation Commission said on Tuesday that it was putting on the block a stake ranging from 51 per cent to 100pc of Pakistan International Airlines (PIA), Reuters reported.
Coalition clinches victory in Senate, ECP postpones KP polls over oath dispute
By Staff Reporter
ISLAMABAD – The ruling coalition emerged victorious in Tuesday’s Senate elections, securing 19 seats, while the Election Commission of Pakistan (ECP) postponed polls in Khyber Pakhtunkhwa (KP) amid a dispute over the swearing-in of opposition members.
Islamabad police investigate terror threats to high court judges
By Staff Reporter
ISLAMABAD – Islamabad police have launched a terror investigation after all eight judges of the high court received threatening letters containing a mysterious white powder, officials reported on Tuesday.
Senate race narrows: 30 seats, 59 contenders, legal impediments
By Staff Reporter
ISLAMABAD: Pakistan’s Senate elections to fill 30 vacant seats are underway today amidst a swirl of legal challenges that have cast a cloud of uncertainty over the process.
Top court to probe ISI interference claims
By Staff Reporter
ISLAMABAD: The Chief Justice of Pakistan, Qazi Faez Isa, has formed a seven-member bench on Monday to commence hearings on allegations of interference in judicial decisions by the country’s intelligence agencies, as claimed by six judges from the Islamabad High Court (IHC).
Imran Khan allies petition Supreme Court over election seat snub
By Staff Reporter
ISLAMABAD: The Sunni Ittehad Council (SIC), allied with the independent lawmakers backed by the former Prime Minister Imran Khan’s party, filed a Supreme Court petition on Monday, challenging a provincial high court ruling that denied the party reserved seats for women and minorities.
Islamabad High Court suspends Imran Khan’s jail term in state gifts case
By Staff Reporter
ISLAMABAD: The Islamabad High Court on Monday suspended the 14-year jail sentences of former Prime Minister Imran Khan and his wife Bushra Bibi in a high-profile Toshakhana case, involving the illegal sale of state gifts.
Inflation cools to 20.7pc in March, lowest since May 2022
By Staff Reporter
ISLAMABAD: Pakistan’s inflation pace eased for a third month in a row to 20.7 percent year-on-year in March, marking the lowest rate since May 2022, the Pakistan Bureau of Statistics (PBS) data showed on Monday.
Petrol price leap, diesel dip
By Staff Reporter
ISLAMABAD: The government has announced a hike in petrol prices by up to Rs9.66 per liter starting on Monday, as stated by the Finance Division, attributing the increase to the rising cost of petrol in the global market.