By Staff Reporter
ISLAMABAD: The government on Friday approved an increase in retail prices for both general and essential medicines, with the latter rising by up to 14 percent and the former by as much as 20 percent.
Top Stories
Pakistan brings back 149 nationals from war-torn Sudan
By Staff Reporters ISLAMABAD: Pakistan has successfully evacuated its nationals from conflict-hit Sudan, with the first batch of 149 Pakistanis arriving in Karachi on Friday,
Former army chief’s views on future threat to Pakistan taken out of context, says ISPR
By Staff Reporter
ISLAMABAD: The Inter-Services Public Relations (ISPR) clarified that recent discussions in the media regarding the combat worthiness of the Pakistan Army and the views of former army chief Qamar Javed Bajwa on the “future threat to Pakistan” have been misquoted and taken out of context.
New taxation measures on tobacco could backfire for govt’s revenue goals
By News Desk
If the government’s move to institute new taxation measures through a minibudget was aimed at raising more revenue to plug the yawning budget deficit, it may well prove counterproductive – at least as far as it concerns the tobacco sector.
Pakistan expected to default on external debt obligations by early 2024, says EIU
By Staff Reporter
KARACHI: The Economist Intelligence Unit (EIU) has stated that Pakistan is expected to default on its external debt obligations by early 2024 due to limited foreign-exchange reserves to service its external debt and the end of its IMF loan by the third quarter of 2023
Pakistan slashes GDP growth forecast for FY2023 to 0.8 percent
By Staff Reporter
ISLAMABAD: Pakistan’s economy is expected to remain weak throughout 2023 due to stricter financial conditions and a lack of fiscal flexibility, the government said on Wednesday.
Monkeypox case in Pakistan not linked to local transmission: Ministry
By Staff Reporter
ISLAMABAD: Pakistan’s Ministry of National Health Services (NHS) said on Wednesday there was no evidence of localised transmission of monkeypox, a day after the country reported its first case of the viral zoonotic disease.
IMF’s ‘dillydallying tactics’ frustrate Pakistan’s efforts to conclude loan programme
By Staff Reporter
ISLAMABAD: Pakistan’s efforts to secure additional financing have been met with delays in striking a staff-level agreement with the International Monetary Fund (IMF), with authorities now blaming the Fund for using “dillydallying tactics”.
Pakistan military says no favoritism towards political parties or ideologies
By Staff Reporter
ISLAMABAD: The Pakistan military on Tuesday said it does not endorse any specific political party or ideology and remains committed to prioritizing the country’s security.
At least 12 dead, over 50 injured in explosions at Swat police facility
By Staff Reporter
ISLAMABAD: Two explosions at a counterterrorism police facility in the northwestern valley of Swat on Monday killed at least 12 people, mostly police officers, and injured over 50 others, officials said.