The PDM seems to have thwarted the danger of the provincial assembly being dissolved prematurely, but it seems the matter will end up in a court, allowing the judges to have the final say. By Staff Reporter.
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S&P downgrades Pakistan’s rating to ‘CCC+/C’
By Staff Reporter
KARACHI: Global ratings agency S&P Global on Thursday cut Pakistan’s long-term sovereign credit rating by one notch to “CCC+” from “B” to reflect a continued weakening of the country’s external, fiscal and economic metrics.
SBP says economic growth seen slowing in 2023
By Staff Reporter
KARACHI: The State Bank of Pakistan (SBP) said on Wednesday the expansion of the economy is seen cooling next year, with both internal and external challenges weighing on growth.
Battle for Punjab in uncharted territory
The final round of a power tussle over Punjab between Prime Minister Shehbaz Sharif and former Prime Minister Imran Khan is underway, and all that can be said with any certainty right now is that we have a bitter contest on our hands. By Staff Reporter.
Bannu hostage crisis ends after army kills all Taliban militants
By Staff Reporter
ISLAMABAD: Special security forces on Wednesday killed all militants who seized a counter-terrorism centre two days after they had held government officers and detainees hostages in the Bannu district of Khyber Pakhtunkhwa province, defence minister said.
World Bank board approves $1.692 billion for Sindh flood-victims
By Staff Reporter
ISLAMABAD: The World Bank’s executive board approved $1.692 billion in financing for Pakistan to support five projects for people living in flood-affected areas of southern Sindh province, the lender said in a statement on Tuesday.
PM Sharif-led coalition moves no-confidence motion to seek Punjab chief minister’s ouster
By Staff Reporter
ISLAMABAD: Pakistan’s ruling coalition moved a no-confidence motion on Monday, seeking the ouster of Pervez Elahi, chief minister of Punjab province, days after the former Prime Minister Imran Khan announced to dissolve provincial assemblies in Punjab and Khyber Pakhtunkhwa.
Pakistan’s 20 million flood victims need urgent humanitarian assistance
By Staff Reporter
ISLAMABAD: Pakistan’s climate change minister on Monday said the fate of the country’s 20 million flood-affected people was still dependent on humanitarian aid but the wealthy nations who bear most responsibility for causing climate change have yet to deliver all the funds they have promised, let alone enough funds to cover the damage done.
One killed as Taliban’s siege of police station in northwest Pakistan continues
By Staff Reporter
ISLAMABAD: Taliban militants have killed at least one security official after they overnight seized a counter-terrorism police station in Bannu district of Khyber Pakhtunkhwa province, demanding a safe passage in exchange for the release of several hostages, officials said on Monday.
Taliban seize police station in northwest Pakistan, take several hostages
By Staff Reporter
ISLAMABAD: Taliban on Sunday seized a counter-terrorism centre in Bannu district of troubled Khyber Pakhtunkhwa province and took several people, including security officials, hostage to negotiate with government a safe passage to neighboring Afghanistan, officials said.
