Blocking progress so far is variance of views over unbudgeted subsidies, tax-to-GDP ratio, energy sector circular debt, and the rupee’s exchange rate. By Muhammad Ali.
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Imran Khan to dissolve two provincial assemblies on Dec 23
By Staff Reporter
ISLAMABAD: Former Prime Minister Imran Khan on Saturday said his party would dissolve two provincial assemblies on December 23 to force the Prime Minister Shehbaz Sharif’s coalition government for early elections.
The strange case of Punjab’s indissoluble assembly
By Ahmer Kureishi
Former Prime Minister Imran Khan has been threatening to dissolve the Punjab and Khyber-Pakhtunkhwa provincial assemblies for quite a while now. In particular, living a charmed life under this dangling Damocles’ sword has been the Punjab assembly and the government of Chief Minister Pervaiz Elahi, a key ally of Khan.
Veon nears sale of Pakistan towers to TPL-TASC Group: Bloomberg
Monitoring Desk
DUBAI: Wireless operator Veon Ltd. is close to selling its tower assets in Pakistan to a consortium comprised of Pakistan’s TPL Corp. and UAE-based TASC Towers Holding Ltd. in what could be the country’s largest deal in more than a decade, Bloomberg newswire reported on Friday.
Pakistan summons Afghan Chargé d’Affaires in protest over border clashes
By Staff Reporter
ISLAMABAD: Pakistan’s foreign office has summoned Afghanistan’s Chargé d’Affaires on Friday to issue a ‘strong condemnation’ of the recent border clashes at Chaman-Spin Boldak area that both sides blame on each other.
Pakistan, Barrick ink final deal on Reko Diq project
By Staff Reporter
ISLAMABAD: Canada-based mining firm Barrick Gold Corporation said on Thursday it had signed agreements with Pakistan’s provincial and federal governments to complete the reconstitution of the Reko Diq project after the Supreme Court endorsed a settlement to resume mining at the world’s largest underdeveloped sites of copper and gold deposits.
One killed in fresh cross-border clashes between Pakistan, Afghanistan’s Taliban
By Staff Reporter
ISLAMABAD: At least one person was killed and 16 others wounded on Thursday as fresh clashes broke out between Pakistani and Afghan forces in less than a week at Chaman-Spin Boldak border crossing in Baluchistan, officials said.
UN says run out of food for Pakistan flood victims on low funding
By Staff Reporter
ISLAMABAD: The United Nations said the world community has not provided enough funds after the devastating floods in Pakistan and that may lead to the suspension of its emergency food support program next month.
Pakistan cuts domestic fuel prices
By Staff Reporter
ISLAMABAD: The government on Thursday cut petrol (motor gas) price to pass on a decline in global prices to inflation-hit consumers.
Pakistan signs five loan deals worth $775 million with ADB
By Staff Reporter
ISLAMABAD: Pakistan on Thursday signed five loans agreements worth $775 million for flood relief with the Asian Development Bank (ADB), the economic affairs ministry said, taking the total lending for the year to $2.7 billion with the agency.