By Staff Reporter
ISLAMABAD: Pakistan’s ambassador to the US, Masood Khan, met President Joe Biden in the White House and the two discussed to reset bilateral ties, which had deteriorated in the past few years under former prime minister Imran Khan.
By Staff Reporter
RAWALPINDI: Denying a raise in the next fiscal’s defence budget, the military on Tuesday asserted, in view of the runaway inflation, their allocation shrank by Rs100 billion, a claim that on the face of it does not add up.
By Staff Reporter
TEHRAN: Islamabad has tapped Tehran for import of additional electricity from Iran for Makran Division in Balochistan and broadening of bilateral economic relations, an official statement said on Tuesday.
By Staff Reporter
ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet on Monday consented to a hike of Rs 7.91/unit in the baseline power tariff on average, but in a staggered manner, starting from July 1, 2022.
By Staff Reporter
ISLAMABAD: Pakistan will have to ‘do more’ to align the Budget 2022-23 with IMF’s requisites for the resumption of Extended Fund Facility (EFF) programme, a top fund official said on Monday.
By Staff Reporter
ISLAMABAD: Setting the economic targets for the next fiscal year, the National Economic Council (NEC) on Wednesday signed off on an economic growth rate of 5 percent, a consolidated public sector outlay of Rs2.184 trillion, flat compared to this fiscal’s Rs2.135 trillion, and an inflation rate of 11.5 percent.
By Staff Reporter
ISLAMABAD: British Airways on Tuesday suspended its direct flights from London’s Heathrow Airport to Islamabad owing to operational issues for fifteen days (June1-30).
By Staff Reporter
ISLAMABAD: The markets may have responded rather well to the government’s recent moves to put a stalled International Monetary Fund (IMF) bailout back on track, but households are staggering under the enormous burden of inflation brought on by successive hikes in energy prices.
By Staff Reporter
ISLAMABAD: The functionaries of Pakistan Medical Council (PMC) are removing the official records of the
By Staff Reporter
A day after Moody’s downgraded Pakistan’s outlook from stable to negative citing “political and social risk”, British weekly the Economist has provided an apt translation for the obscure jargon: “Imran Khan is jeopardising Pakistan’s attempts to fix its economy”.
