By Staff Reporter
ISLAMABAD: The foreign office said on Sunday that 21 Pakistani nationals have been identified among the survivors of a migrant boat tragedy off Morocco’s coast earlier this month.
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Pakistan probes officials over Morocco migrant boat tragedy
By Staff Reporter
ISLAMABAD: Pakistan’s Federal Investigation Agency (FIA) has launched an inquiry into 20 of its officials suspected of involvement in human smuggling, following a migrant boat tragedy off Morocco’s coast that killed at least 44 Pakistanis.
Kurram braces for militant crackdown, shelters readied for displaced persons
By Staff Reporter
PESHAWAR: Authorities are preparing to launch a counterterrorism operation in Kurram district, where sectarian clashes have killed over 130 people since November, and have ordered temporary camps to be set up for potential displaced persons.
January CPI seen at 2.5pc-3pc as food prices ease
By Staff Reporter
KARACHI: Pakistan’s consumer price index (CPI) is expected to drop to a nine-year low in January, with inflation forecast to range between 2.5 percent and 3.0 percent year-over-year, a research report by brokerage Topline Securities showed.
Pakistan’s current account swings to $1.2 billion surplus in first half
By Staff Reporter
KARACHI: Pakistan’s current account swung to a surprise surplus of $1.2 billion in the first half of the fiscal year 2025, driven by higher remittances and export growth.
IMF trims Pakistan’s GDP growth outlook to 3pc
By Staff Reporter
ISLAMABAD: Pakistan’s economic growth is expected to be 3 percent in 2025, the International Monetary Fund (IMF) said, trimming its earlier forecast to match the central bank’s estimate of 2.5 percent to 3.5 percent.
Imran Khan faces 14-year jail term in land graft case
By Staff Reporter
ISLAMABAD: A Pakistani accountability court on Friday sentenced former Prime Minister Imran Khan to 14 years in prison, after finding him and his wife guilty of accepting a bribe in the form of land from a real-estate tycoon Malik Riaz in exchange for using £190 million in repatriated government funds from the United Kingdom to pay tycoon’s court fines.
Rs7 trillion lost to tobacco smuggling
By Staff Reporter The Federal Board of Revenue (FBR) has identified tax evasion due to smuggled tobacco as a key factor of tax losses to
Cigarette smuggling chokes Pakistan’s coffers
By Staff Reporter
The International Monetary Fund (IMF) has reported that Pakistan’s tax compliance gap stands at 3.5 percent of its Gross Domestic Product (GDP), with key sectors including retail, transport, and real estate contributing significantly to the shortfall.
JUI-F throws weight behind ruling coalition’s judicial reform package
By Staff Reporter
ISLAMABAD: The ruling coalition has secured crucial support from Jamiat Ulema-e-Islam-Fazl (JUI-F) for their proposed judicial reform package, aimed at overhauling the country’s judiciary.