ISLAMABAD: The Economic Coordination Committee of the cabinet approved changes to the vehicle import rules and raised margins for oil marketing companies and petroleum dealers, as officials grapple with energy costs, trade reforms and fiscal pressures.
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Pakistan slashes electricity prices by Rs15 per unit for industry, agriculture
ISLAMABAD: The government slashed electricity rates for industries and agriculture by about Rs15 per unit on excess consumption, aiming to spur production and ease operating costs amid broader pressures on energy prices.
Pakistan’s economy avoids free fall but faces slow grind ahead, IMF say
KARACHI: The International Monetary Fund said the immediate risk of a sovereign default in Pakistan has receded, yet the cash-strapped South Asian nation remains mired in a fragile stabilisation mode plagued by anemic growth, towering debt loads and scant relief for its 240 million citizens.
Islamabad High Court allows petition questioning judge’s law degree to proceed
ISLAMABAD The Islamabad High Court ruled Tuesday that a petition challenging the legitimacy of a sitting judge’s law degree is maintainable, ordering the judge to respond within three days and clearing the way for a potentially explosive judicial inquiry into whether he lawfully holds office.
KP police seek Rs4.2bn monthly hazard allowance as militant attacks surge
PESHAWAR: Police in Khyber Pakhtunkhwa, the northwestern province bordering Afghanistan, have asked the provincial government to approve a special monthly allowance for all officers, a package costing about Rs4.2 billion, saying the force is facing sharply rising militant attacks and growing security demands.
Imran Khan’s sister leads sit-in outside Adiala Jail as officials block court-ordered visit
RAWALPINDI: A sit-in protest led by Aleema Khan, the sister of jailed former prime minister Imran Khan, stretched into Tuesday evening outside Adiala jail in Rawalpindi, after she was again barred from meeting her brother despite a court order permitting such visits.
HEC backs KU findings on IHC judge’s questioned law degree
ISLAMABAD: The Higher Education Commission has endorsed a university’s conclusion that a sitting judge on the Islamabad High Court obtained his law degree through unfair means, according to a detailed report submitted to the court, intensifying scrutiny over the jurist’s eligibility to hold office.
Pakistan to finalise IMF governance reform plan by Dec 31, finance minister says
ISLAMABAD: Finance Minister Muhammad Aurangzeb said the government will finalise an action plan by Dec. 31 to implement 15 key recommendations from the International Monetary Fund’s governance and corruption diagnostic report, as Islamabad pushes ahead with reforms amid a surge in tax collections.
Field Marshal Munir takes on new unified command role, warns Afghanistan and India
RAWALPINDI: Field Marshal Syed Asim Munir, Pakistan’s most senior military officer, formally took charge as the country’s first Chief of Defence Forces on Monday, a move that consolidates command over the army, navy and air force under a single leader for the first time and signals a major restructuring of the nation’s defence apparatus.
ADB says over 80pc of Pakistanis lack safe drinking water; per capita supply falls to two-thirds
ISLAMABAD: More than 80% of Pakistan’s population lacks access to safe drinking water, exacerbating waterborne diseases and straining resources amid rapid population growth, climate change and poor management, the Asian Development Bank said in a report released on Monday.