KARACHI: Pakistan is set to slash fuel prices by as much as 2.2% starting Thursday, offering a measure of relief to consumers and the transport sector amid volatile global oil markets.
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Environmentalists challenge Islamabad’s claim that tree removals are only about allergies
ISLAMABAD: Environmental advocates and opposition lawmakers are challenging the Pakistani government’s assertion that a sweeping tree-removal campaign in the capital is aimed solely at curbing pollen allergies, pointing instead to evidence that the cuts are tied to major infrastructure projects that have stripped away acres of urban greenery.
Amid turmoil in Iran, Pakistani students and pilgrims begin heading home
ISLAMABAD: As violent protests continued to grip Iran for a third week, leading to a fierce government crackdown and international condemnation, dozens of Pakistani students and pilgrims began streaming back home through a remote border crossing, officials said, showing the widening ripple effects of the unrest.
Pakistan weighs ‘export emergency’ to cut IMF reliance, targeting 40 percent growth
ISLAMABAD: Pakistan is gearing up to declare an export emergency as part of a sweeping push to revamp its economy, with officials aiming to ramp up shipments by 40% over the next four years and nearly triple them by 2035 to break free from reliance on IMF bailouts and foreign aid.
KP chief minister Afridi’s call for evidence on Afghan terrorism draws fierce backlash
ISLAMABAD: The government on Monday sharply rebuked Khyber Pakhtunkhwa’s chief minister, Sohail Afridi, for questioning whether Afghanistan’s territory was being used to launch terrorist attacks against Pakistan, accusing him of acting as a spokesman for Kabul and sowing doubt on national security matters at a time of surging violence.
Islamabad rejects social media claims of US aircraft in Pakistan for Iran operations
ISLAMABAD: Pakistan on Monday dismissed social media allegations that its territory was serving as a staging ground for potential American military action against Iran, labeling the claims as baseless propaganda aimed at entangling the country in escalating tensions between Washington and Tehran.
Pakistan opens talks With Indonesia on sale of JF-17 jets and combat drones, report
ISLAMABAD: Indonesia’s defence minister met with Pakistan’s air force chief in Islamabad on Monday to explore a potential arms deal that could include the sale of dozens of combat jets and killer drones, signaling a push by both nations to bolster military cooperation, Reuters reported on Monday.
Coalition rift erupts in parliament over ordinance dispute, PPP stages walkout
ISLAMABAD: A simmering rift between ruling Pakistan Muslim League-Nawaz and its coalition partner, the Pakistan Peoples Party, burst into the open on Monday in the National Assembly, where accusations of constitutional overreach prompted a dramatic walkout and the eventual withdrawal of a contentious ordinance on special economic zones.
Pakistan bets on energy, tariff overhaul to double exports and avoid IMF return
ISLAMABAD: Pakistan is pushing for sweeping reforms to slash energy costs and revamp trade tariffs in a bid to more than double its exports to over $60 billion within three years, aiming to dodge another bailout from the International Monetary Fund once its current program winds down.
ADB warns $360 million Pakistan highway loan may lapse on bidding delays
ISLAMABAD: The Asian Development Bank has warned Pakistan that a $360 million loan for a key highway project risks going unspent and expiring next year amid persistent delays tied to a contentious bidding process.