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Pakistan vows to address IMF’s concerns over fuel pricing scheme for underprivileged

Pakistan vows to address IMF’s concerns over fuel pricing scheme for underprivileged

Tuesday May 9, 2023Tuesday May 9, 2023

By Staff Reporter

ISLAMABAD: Pakistan’s Minister of State for Petroleum, Musadik Malik, on Tuesday affirmed the government’s commitment to address concerns raised by the International Monetary Fund (IMF) over the proposed fuel pricing scheme aimed at helping the underprivileged.

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Imran Niazi arrested lawfully, Says Interior Minister
Interior Minister Rana Sanaullah addressing a presser in this undated photo courtesy of APP.

Imran Niazi arrested lawfully, Says Interior Minister

Tuesday May 9, 2023Tuesday May 9, 2023

Rana Sanaullah reminded everyone the federal government has no control over NAB, which ordered the arrest, and Rangers executed the order at the command of Islamabad Police. By Naveed Naqvi.

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Imran Khan arrested by Rangers in graft probe

Imran Khan arrested by Rangers in graft probe

Tuesday May 9, 2023Tuesday May 9, 2023

By Staff Reporter

ISLAMABAD: Former Prime Minister Imran Khan has been arrested by paramilitary troops on Tuesday during a court appearance in Islamabad over corruption allegations, senior leaders from his Pakistan Tehreek-e-Insaf party said.

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Pakistan at risk of default without IMF bailout, says Moody’s

Pakistan at risk of default without IMF bailout, says Moody’s

Tuesday May 9, 2023Tuesday May 9, 2023

By Staff Reporter

KARACHI: Pakistan may face a risk of default if it fails to secure an International Monetary Fund (IMF) bailout loan, as the country’s financing options beyond June are uncertain, Moody’s Investor Service said on Tuesday.

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Pakistan’s ninth review not on IMF board’s agenda for upcoming meetings

Pakistan’s ninth review not on IMF board’s agenda for upcoming meetings

Tuesday May 9, 2023Tuesday May 9, 2023

By Staff Reporter

ISLAMABAD: The International Monetary Fund (IMF) Executive Board has scheduled meetings until May 17, with the notable exclusion of Pakistan on the agenda as the country’s ninth review under the Extended Fund Facility (EFF) programme remains pending.

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Army threatens legal action over Khan’s ‘baseless allegations’

Army threatens legal action over Khan’s ‘baseless allegations’

Monday May 8, 2023Monday May 8, 2023

The military says the “malicious allegations” fit the pattern of Khan targeting military and intel officials with “insinuations and sensational propaganda” to advance his political agenda. By Naveed Naqvi.

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CJ Bandial says holding elections within 90 days is constitutional mandate

CJ Bandial says holding elections within 90 days is constitutional mandate

Monday May 8, 2023Monday May 8, 2023

By Staff Reporter

ISLAMABAD: The Chief Justice of Pakistan, Umar Ata Bandial, said on Sunday the judges have a responsibility to uphold the Constitution and cannot turn a blind eye to the mandate of holding elections within 90 days of an assembly’s dissolution.

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Punjab mulls USD 150 mil energy sector revamp

Punjab mulls USD 150 mil energy sector revamp

Sunday May 7, 2023Sunday May 7, 2023

The World Bank funded program looks to save over 180 GWh of electricity annually through solarization, retrofitting, and replacement of inefficient appliances. By Muhammad Ali.

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China cautions Pakistan on stability for progress in CPEC projects

China cautions Pakistan on stability for progress in CPEC projects

Sunday May 7, 2023Sunday May 7, 2023

By Staff Reporter

ISLAMABAD: Chinese Foreign Minister Qin Gang on Saturday made it clear that further progress in multibillion-dollar projects under the China-Pakistan Economic Corridor (CPEC) was contingent upon internal political and security stability in Pakistan.

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PTI’s Khan takes to streets to rally support for timely elections in Punjab

PTI’s Khan takes to streets to rally support for timely elections in Punjab

Sunday May 7, 2023Sunday May 7, 2023

By Staff Reporter

ISLAMABAD: Former Prime Minister Imran Khan on Saturday announced that he will hold a series of public gatherings in Punjab starting next week, in a bid to prepare the public to protest if elections are not held on time.

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