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IMF board to review Pakistan’s final $1.1 billion loan tranche on April 29

IMF board to review Pakistan’s final $1.1 billion loan tranche on April 29

Tuesday April 23, 2024Tuesday April 23, 2024

By Staff Reporter

ISLAMABAD: The International Monetary Fund’s (IMF) Executive Board will meet on April 29 to finalise its last review of Pakistan’s $3 billion Stand-By Arrangement (SBA), despite the country’s absence from the Fund’s public calendar.

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Military kills 11 militants in two operations in northwestern Pakistan

Military kills 11 militants in two operations in northwestern Pakistan

Monday April 22, 2024Monday April 22, 2024

By Staff Reporter

ISLAMABAD: Pakistan’s military said on Monday it had killed 11 militants in two separate operations in the northwestern province of Khyber Pakhtunkhwa, as the country grapples with a surge in terrorist attacks.

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Iran and Pakistan ink eight pacts, eye $10 billion trade boost

Iran and Pakistan ink eight pacts, eye $10 billion trade boost

Monday April 22, 2024Monday April 22, 2024

By Staff Reporter

ISLAMABAD: Iran and Pakistan signed eight agreements on Monday, including a security cooperation pact, as they sought to strengthen ties and boost trade to $10 billion, Iranian President Ebrahim Raisi said.
The signing took place during Raisi’s three-day visit to Islamabad, which began on Monday.

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Ruling PML-N wins most seats in by-polls, opposition cries foul

Ruling PML-N wins most seats in by-polls, opposition cries foul

Monday April 22, 2024Monday April 22, 2024

By Staff Reporter

ISLAMABAD: The ruling Pakistan Muslim League-Nawaz (PML-N) party secured a majority of the 21 national and provincial seats up for grabs in the by-elections held on Sunday, according to provisional results released by the Election Commission of Pakistan (ECP).

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Pakistan to finalise PIA privatisation by July, Islamabad airport next in line

Pakistan to finalise PIA privatisation by July, Islamabad airport next in line

Monday April 22, 2024Monday April 22, 2024

By Staff Reporter

ISLAMABAD: Finance Minister Muhammad Aurangzeb said on Saturday that the process of privatising Pakistan International Airlines (PIA) will be finalized by the end of June or early July, with Islamabad airport potentially following suit shortly after, Dawn newspaper reported.

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Iran’s President Raisi sets course for Pakistan to bolster bilateral relations

Iran’s President Raisi sets course for Pakistan to bolster bilateral relations

Monday April 22, 2024Monday April 22, 2024

By Staff Reporter

ISLAMABAD: Iran’s President Ebrahim Raisi is set to visit Pakistan from April 22-24, marking his first state visit since Pakistan’s general elections in February 2024, Pakistan’s foreign office said on Sunday.

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LHC top judge summons meeting over alleged ISI coercion

LHC top judge summons meeting over alleged ISI coercion

Saturday April 20, 2024Saturday April 20, 2024

By Staff Reporter

Lahore: The Chief Justice of the Lahore High Court (LHC), Justice Malik Shahzad Ahmed Khan has summoned an emergency meeting of the court’s judges to address allegations of interference in the judiciary by the country’s powerful intelligence apparatus.

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Japanese nationals safe, one security guard dead in Karachi suicide attack

Japanese nationals safe, one security guard dead in Karachi suicide attack

Saturday April 20, 2024Saturday April 20, 2024

By Staff Reporter

KARACHI: Five Japanese nationals narrowly escaped a suicide attack on their vehicle in Karachi, Pakistan’s financial capital, on Friday, as one attacker died in the blast and police gunned down his accomplice.

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Pakistan eyes new, larger IMF loan deal in May

Pakistan eyes new, larger IMF loan deal in May

Saturday April 20, 2024Saturday April 20, 2024

By Staff Reporter

ISLAMABAD: Pakistan is seeking a new loan from the International Monetary Fund (IMF) and hopes to agree on the contours of the deal in May, the country’s Finance Minister Muhammad Aurangzeb said in an interview with Reuters.

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Military probes into ex-spy chief’s alleged misuse of power

Military probes into ex-spy chief’s alleged misuse of power

Thursday April 18, 2024Thursday April 18, 2024

By Staff Reporter

ISLAMABAD: The military has reportedly formed an inquiry committee, headed by a serving major general, to investigate allegations of misuse of authority against former spymaster, retired Lt Gen Faiz Hamid, media reports on Wednesday.

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Top Stories

ECC approves Rs6.6 billion for armoured fleet ahead of 2027 SCO summit

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By Staff Reporter ISLAMABAD: The country’s economic decision-making body cleared 6.6 billion rupees to buy 30 bulletproof vehicles for next year's Shanghai Cooperation Organisation summit,
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