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Economy shrinks, inflation soars in ‘extraordinarily challenging’ FY23, SBP says

Economy shrinks, inflation soars in ‘extraordinarily challenging’ FY23, SBP says

Friday December 29, 2023Friday December 29, 2023

By Staff Reporter

KARACHI: The central bank said on Friday that the fiscal year 2023 was “extraordinarily challenging” as the country faced a host of shocks that pushed inflation to multi-decade highs and contracted the economy amid political uncertainty.

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Sharif wins approval to join electoral race, despite lifetime ban on public office

Sharif wins approval to join electoral race, despite lifetime ban on public office

Friday December 29, 2023Friday December 29, 2023

By Staff Reporter

ISLAMABAD: Former prime minister Nawaz Sharif, who was barred from holding public office for life over corruption charges, has been cleared to run for parliament in next year’s national elections.

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ECP defends decision to keep voters’ list offline

ECP defends decision to keep voters’ list offline

Friday December 29, 2023Friday December 29, 2023

By Staff Reporter

ISLAMABAD: The Election Commission of Pakistan, the body that oversees the country’s elections, said on Thursday that it would not upload the voters’ list on its website or mobile apps, citing data security, individual privacy, and legal compliance as the main reasons.

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Islamabad court halts secret trial of ex-PM Khan in state secrets case

Islamabad court halts secret trial of ex-PM Khan in state secrets case

Friday December 29, 2023Friday December 29, 2023

By Staff Reporter

ISLAMABAD: A court on Thursday stayed the secret trial of former Prime Minister Imran Khan in a case involving alleged leaks of state secrets, his lawyer said, in a blow to the government that accuses him of treason.

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PTI leader Qureshi sent to jail for two weeks, claims torture in custody

PTI leader Qureshi sent to jail for two weeks, claims torture in custody

Friday December 29, 2023Friday December 29, 2023

By Staff Reporter

ISLAMABAD: A Rawalpindi court on Thursday ordered a two-week judicial remand for a senior opposition leader of the Pakistan Tehreek-e-Insaf (PTI) party, who was accused of involvement in a violent protest that targeted the military headquarters last May.

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PTI activist Khadija Shah freed after months in jail

PTI activist Khadija Shah freed after months in jail

Friday December 29, 2023Friday December 29, 2023

By Staff Reporter

ISLAMABAD: Khadija Shah, a prominent fashion designer and supporter of the opposition Pakistan Tehreek-e-Insaf (PTI) party, was released by an anti-terrorism court on Thursday after spending more than seven months in jail on charges of inciting violence during a protest in May.

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Military promises to aid election watchdog in February poll

Military promises to aid election watchdog in February poll

Friday December 29, 2023Friday December 29, 2023

By Staff Reporter

ISLAMABAD: The military leaders pledged on Thursday to support the country’s electoral commission and the government in ensuring a free and fair general election next month, amid heightened security concerns and a crackdown on illicit activities.

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Baloch long marchers give government a week to meet demands or face backlash

Baloch long marchers give government a week to meet demands or face backlash

Friday December 29, 2023Friday December 29, 2023

By Staff Reporter

ISLAMABAD — A group of Baloch activists who marched from Turbat to Islamabad to protest human rights abuses in their province gave the government a seven-day ultimatum on Thursday to address their grievances or face the wrath of the Baloch people.

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Pakistan bans New Year celebrations in solidarity with Palestine

Pakistan bans New Year celebrations in solidarity with Palestine

Friday December 29, 2023Friday December 29, 2023

By Staff Reporter

ISLAMABAD: Caretaker Prime Minister Anwarul Haq Kakar announced on Thursday a complete ban on New Year celebrations across the country in a show of support for the Palestinians suffering under Israel’s ongoing assault on Gaza.

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Forex reserves hit four-month high on official inflows

Forex reserves hit four-month high on official inflows

Friday December 29, 2023Friday December 29, 2023

By Staff Reporter

KARACHI: The foreign exchange reserves climbed to the highest level in four months, bolstered by official inflows from lenders and allies, easing pressure on the country’s balance of payments.

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Top Stories

ECC approves Rs6.6 billion for armoured fleet ahead of 2027 SCO summit

Tuesday September 8, 2026Tuesday September 8, 2026
By Staff Reporter ISLAMABAD: The country’s economic decision-making body cleared 6.6 billion rupees to buy 30 bulletproof vehicles for next year's Shanghai Cooperation Organisation summit,
  • Pump prices jump as Hormuz tensions send oil to six-week high

    Tuesday September 8, 2026Tuesday September 8, 2026
  • Pakistan approves uniform grid fees to launch power trading market

    Tuesday September 8, 2026Tuesday September 8, 2026
  • EU warns Pakistan not to take GSP+ trade perks for granted- report

    Monday September 7, 2026Monday September 7, 2026
  • Pakistan taps international market to offload leftover sugar from last year’s costly import binge

    Monday September 7, 2026Monday September 7, 2026

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