ISLAMABAD: Pakistan faces entrenched corruption vulnerabilities stemming from systemic institutional weaknesses, the International Monetary Fund said in a long-delayed diagnostic assessment that makes publication a prerequisite for the fund’s board to approve a $1.2 billion loan disbursement next month.
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US congressional commission says Pakistan achieved ‘military success’ over India in May clashes
ISLAMABAD: A bipartisan congressional commission has concluded that Pakistan scored a clear “military success” over India in the four-day, brief but intense, air and missile war last May, a rare official American acceptance that credits Chinese-supplied weapons and Chinese intelligence with giving Islamabad a decisive battlefield edge.
Karachi port begins standardised bunkering in bid to attract global shipping lines
KARACHI: Pakistan has launched its first standardised bunkering operations at Karachi Port, introducing regulated ship refuelling services that align the country’s main gateway with international maritime safety and environmental standards, Maritime Affairs Minister Junaid Anwar Chaudhry said on Tuesday.
Imran Khan’s sisters ‘dragged, beaten’ in late-night police operation outside Adiala jail
RAWALPINDI: The opposition party of imprisoned former prime minister Imran Khan accused the police on Tuesday night of violently detaining three of his sisters and several senior party figures outside the gates of Adiala Jail, where the women had waited for more than twelve hours in hope of a court-ordered family meeting that never took place.
Trade gap jumps 39 percent as imports surge, exports slide
ISLAMABAD: The trade deficit widened by 39 percent to $12.7 billion in the July-October period of fiscal year 2025-26, as exports fell nearly across the board except for textiles and imports surged, led by a sharp rise in petroleum purchases, official data showed on Tuesday.
CPPA proposes 65-paisa/unit cut in December bills on lower fuel costs
ISLAMABAD: The Central Power Purchasing Agency (CPPA) has requested a negative fuel cost adjustment of around 65 paise per unit for ex-Wapda distribution companies in December bills, citing a 3.5 percent year-on-year drop in electricity consumption in October and heavy reliance on cheaper domestic fuels.
Dar presses SCO for deeper economic, disaster-response collaboration
ISLAMABAD: Deputy prime minister and foreign minister, Ishaq Dar, told a high-level gathering of the Shanghai Cooperation Organisation on Tuesday that the eight-member bloc was “well-placed” to strengthen regional humanitarian cooperation in emergencies and should move quickly to modernise its structures, including by adopting English as an official working language.
ECC clears Rs50.9 billion security outlay, opens offshore block to Turkish operator
ISLAMABAD: The Economic Coordination Committee of the cabinet ECC) on Tuesday approved technical supplementary grants totalling Rs50.94 billion for defence and security projects and cleared a new offshore oil and gas exploration consortium under Turkish operatorship, as the government seeks to bolster national security and revive foreign investment in the energy sector.
SCP reshapes top judicial forums under sweeping 27th Amendment
ISLAMABAD: The Supreme Court of Pakistan (SCP) announced on Tuesday that three of the country’s most powerful judicial oversight bodies have been reconstituted to comply with the 27th Constitutional Amendment, the sweeping and bitterly contested overhaul that created a new apex constitutional court and fundamentally altered the balance of judicial authority.
Military says 38 militants killed in weekend raids in northwest
ISLAMABAD: The military said on Tuesday that security forces killed 38 militants in four intelligence-led operations in Khyber Pakhtunkhwa over the weekend, including a commander the authorities described as a ringleader of a banned Islamist group they accuse of acting as an Indian proxy.