By Staff Reporter
ISLAMABAD: The Human Rights Commission of Pakistan, an independent watchdog, on Monday criticised the caretaker government for suggesting that the country could hold fair elections without the participation of Imran Khan, the jailed leader of the opposition Pakistan Tehreek-e-Insaf (PTI) party.
By Staff Reporter
ISLAMABAD: The Islamabad High Court on Monday ordered the transfer of former Prime Minister Imran Khan from a remote jail in Punjab to a better facility in near the capital, Islamabad, where he faces charges of leaking state secrets.
By Staff Reporter
ISLAMABAD: Caretaker Prime Minister Anwaar ul Haq Kakar on Friday denounced ‘Hindutva extremists’ as a threat to global peace and security, and urged the United Nations to act against terrorism in all its forms.
By Staff Reporter
ISLAMABAD: The caretaker government is seeking to improve the performance of 85 state-owned enterprises (SOEs) that have the potential to pay dividends or become profitable, as it prepares for a possible privatisation drive to dispose of dozens of losing-making entities.
By Staff Reporter
ISLAMABAD: Pakistan’s election commission said on Thursday that it would hold general elections in the last week of January 2024, more than two months after the constitutional deadline, citing the need to redraw electoral boundaries based on the latest census.
The IMF bailout is a double-edged sword for Pakistan. It saved the country from default, but it also imposed harsh conditions. The country faces a dilemma: how to comply with the Fund without alienating the public, who suffer from inflation and energy prices. The govt must balance fiscal discipline with public welfare. IMF chief recommends taxing the rich and shielding the poor.
ADB lowers Pakistan’s growth forecast to 1.9pc from 2pc, citing erratic rainfall and global price shocks. Inflation projected to rise to 25pc, the highest in Asia. The country’s economic recovery hinges on the IMF-supported adjustment program.
By Staff Reporter
ISLAMABAD: The main Pakistan-Afghanistan border crossing, a key trade and travel route between the two countries, reopened on Friday after a nine-day closure following a clash between their border forces, officials said.
By Staff Reporter
ISLAMABAD: Caretaker Prime Minister Anwaarul Haq Kakar instructed his newly appointed Privatization Minister Fawad Hassan Fawad to fast-track the sale of the state-owned Pakistan International Airlines Corp. (PIA), which is facing a severe cash crunch and has grounded some of its planes.
By Staff Reporter
KARACHI: The State Bank of Pakistan kept its benchmark interest rate unchanged at 22 percent on Thursday, defying market expectations of a hike to curb inflation and support the rupee, which has plunged to record lows in recent months.
