By Staff Reporter
ISLAMABAD: Pakistan’s fiscal deficit is expected to narrow to 5.5 percent of gross domestic product (GDP) in the fiscal year ending June 2024, from 7.9 percent a year earlier, as the government curbs non-interest spending and boosts revenue collection, the finance ministry said on Wednesday.
By Staff Reporter
ISLAMABAD: Pakistan’s parliament passed a bill on Wednesday to amend the country’s election law, giving more powers to the caretaker government that will oversee the next general election due in November.
By Staff Reporter
ISLAMABAD: The coalition government postponed its plan to grant sweeping powers to the caretaker administration for the upcoming elections, after facing stiff resistance from opposition and allied parties in a joint session of parliament on Tuesday.
By Staff Reporter
ISLAMABAD: Pakistan’s toothless opposition leader Raja Riaz on Tuesday ruled out Finance Minister Ishaq Dar as a potential caretaker prime minister and said there was no urgency for elections in the country
By Staff Reporter
ISLAMABAD: Pakistan’s election commission ordered the arrest of former Prime Minister Imran Khan on Monday, accusing him of contempt for failing to appear before the regulator despite repeated notices and warrants.
By Staff Reporter
ISLAMABAD: Pakistan’s cabinet committee on economic affairs approved on Monday the allocation of 2.488 million metric tons of wheat from the state-run Pakistan Agricultural Storage and Services Corporation (PASSCO) to various agencies and provinces for the year 2023-24.
By Staff Reporter
ISLAMABAD: Pakistan has signed a framework agreement with Azerbaijan for liquefied natural gas (LNG) procurement on flexible terms, as part of its efforts to diversify its energy sources and meet its growing demand.
By Staff Reporter
ISLAMABAD: Pakistan’s Defense Minister Khawaja Asif on Monday dismissed media reports that the ruling party was considering Finance Minister Ishaq Dar as the caretaker prime minister, saying that no such discussion had taken place within the party.
By Staff Reporter
ISLAMABAD: Pakistan’s ruling party is pushing for its senior leader Ishaq Dar to become the interim prime minister ahead of a general election due by November, but faces resistance from its main coalition partner, the Pakistan People’s Party (PPP), Dawn newspaper reported on Monday.
By Staff Reporter
ISLAMABAD: Hamza Khan ended a 37-year wait for Pakistan by winning the World Junior Squash Championship title on Sunday, defeating Egypt’s Mohamed Zakaria in a thrilling final in Melbourne.
