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Government borrows more than double from banks despite IMF, bilateral loans

Government borrows more than double from banks despite IMF, bilateral loans

Wednesday December 27, 2023Wednesday December 27, 2023

By Staff Reporter

KARACHI: The government has borrowed more than twice as much from banks in the first half of the current fiscal year as it did in the same period last year, as it struggles to cope with soaring inflation and debt servicing costs, central bank data showed.

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Exports surge 33pc in December, boosting trade balance

Exports surge 33pc in December, boosting trade balance

Wednesday December 27, 2023Wednesday December 27, 2023

By Staff Reporter

ISLAMABAD: The trade sector posted a significant improvement in the first 20 days of December, with exports rising by 33.1 percent and imports falling by 12.8 percent year-on-year, the Ministry of Commerce said.

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Stocks suffer worst fall in history as investors flee amid political chaos and IMF fears

Stocks suffer worst fall in history as investors flee amid political chaos and IMF fears

Tuesday December 26, 2023Tuesday December 26, 2023

By Staff Reporter

KARACHI: Stocks plunged more than 4 percent on Tuesday, posting their biggest single-day drop in history, as investors dumped shares amid political uncertainty and reports of a possible IMF intervention in the country’s circular debt crisis.

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Court bats for Khan’s party, blocks ECP’s verdict on symbol

Court bats for Khan’s party, blocks ECP’s verdict on symbol

Tuesday December 26, 2023Tuesday December 26, 2023

By Staff Reporter

ISLAMABAD: A high court in Pakistan on Tuesday blocked a decision by the country’s election commission that had declared the internal elections of the party, led by Prime Minister Imran Khan, as unconstitutional and stripped it of its ‘bat’ symbol.

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Record number of candidates vie for parliament seats

Record number of candidates vie for parliament seats

Tuesday December 26, 2023Tuesday December 26, 2023

By Staff Reporter

ISLAMABAD: Pakistan is gearing up for a historic general election on February 8, with a record number of 28,626 candidates vying for 1,085 seats in the national and provincial assemblies.

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Pakistan mulls massive drive to nab tax dodgers

Pakistan mulls massive drive to nab tax dodgers

Tuesday December 26, 2023Tuesday December 26, 2023

Pakistan’s abysmal tax compliance rate has been a constant source of worry for the authorities, but the problem has remained too hot to handle for successive governments. That may be about to change under the caretaker government headed by PM Anwar-ul-Haq Kakar. By Muhammad Ali.

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Cheema removed as adviser to PM following ECP order

Cheema removed as adviser to PM following ECP order

Monday December 25, 2023Monday December 25, 2023

By Staff Reporter

ISLAMABAD: President Arif Alvi on Monday approved the removal of Ahad Khan Cheema, an adviser to the prime minister on establishment, following an order by the Election Commission of Pakistan (ECP) that said he could influence the upcoming elections.

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PTI to challenge ECP’s decision to revoke ‘bat’ symbol in court

PTI to challenge ECP’s decision to revoke ‘bat’ symbol in court

Monday December 25, 2023Monday December 25, 2023

By Staff Reporter

ISLAMABAD: The Pakistan Tehreek-e-Insaf (PTI) party, led by former prime minister Imran Khan, said on Monday that it would challenge the election commission’s decision to annul its internal elections and revoke its ‘bat’ symbol ahead of a general election due in 2024.

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PTI left leaderless ahead of February votes

PTI left leaderless ahead of February votes

Monday December 25, 2023Monday December 25, 2023

By Staff Reporter

ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI), the party founded by former prime minister Imran Khan, has been stripped of its leader, a day after the country’s election commission removed the party’s symbol ahead of the national elections scheduled for February 8, 2024.

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Govt releases Baloch protesters amid outcry over police violence

Govt releases Baloch protesters amid outcry over police violence

Monday December 25, 2023Monday December 25, 2023

By Staff Reporter

ISLAMABAD: The Islamabad police said on Sunday that they had released all the Baloch protesters who were detained during a demonstration earlier this week that demanded an end to enforced disappearances and extrajudicial killings of ethnic Baloch people.

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Top Stories

Gilgit-Baltistan votes again with electricity cuts, broken roads and empty promises still on the ballot

Sunday June 7, 2026Sunday June 7, 2026
By Staff Reporter ISLAMABAD: Pakistan's northernmost territory goes to the polls on Sunday for the first time in six years, after elections originally scheduled for
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    Saturday June 6, 2026Saturday June 6, 2026
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