By Staff Reporter
ISLAMABAD: Finance Minister Muhammad Aurangzeb on Saturday hailed the launch of BYD, the world’s leading new electric vehicle manufacturer, in Pakistan as a testament to the government’s commitment to creating an environment conducive to economic growth led by the private sector.
By Staff Reporter
ISLAMABAD: Health authorities moved to calm public fears over mpox on Saturday, saying only one case had been reported in the country despite a World Health Organization (WHO) warning of a global health emergency.
By Staff Reporter
ISLAMABAD: Pakistan has no plans to resume trade with India, its foreign office said on Friday, as the situation in Indian-administered Kashmir remains unchanged since New Delhi’s controversial revocation of its special status in 2019.
By Staff Reporter
ISLAMABAD: The bodies of five men, identified as Afghan nationals, were found hanging from an electric pole in Dalbandin, Balochistan, on Friday, bearing multiple bullet wounds, government officials said.
By Staff Reporter
LAHORE: The provincial Punjab government announced a temporary subsidy of Rs14 per unit for electricity consumers using up to 500 units, seeking to provide some relief from high electricity bills during the peak summer months of August and September, at an estimated cost of Rs45 billion.
By Staff Reporter
ISLAMABAD: Pakistan’s government has embarked on a major overhaul of its bureaucracy, abolishing 28 departments across five ministries and proposing the merger of two ministries, in a bid to slash costs and enhance governance.
By Staff Reporter
ISLAMABAD: Pakistan has identified three cases of the mpox virus, also known as monkeypox, in individuals who recently arrived from the United Arab Emirates, a provincial health department said on Friday.
By Staff Reporter
ISLAMABAD: The government has increased its relief package by 71 percent to Rs60 billion to shield the poor, as it grapples with a slowing economy and high food prices that are eroding household purchasing power.
By Staff Reporter
KARACHI: Pakistan’s debt burden is easing, with the debt-to-GDP ratio falling to 70 percent in FY24, as nominal GDP growth outpaces debt expansion, and external debt metrics also showing signs of improvement.
By Staff Reporter
KARACHI: Pakistan’s IT sector is facing a crisis as a government-imposed firewall causes widespread disruptions, with estimated losses of $300 million, amid warnings of a prolonged economic impact.
