By Staff Reporter
ISLAMABAD: The International Monetary Fund (IMF) said on Wednesday it had reached a staff-level agreement with Pakistan on the completion of the second and final review of a $3 billion bailout program, paving the way for a release of $1.1 billion in funds.
By Staff Reporter
ISLAMABAD: Pakistan confirmed on Monday that it had conducted airstrikes against suspected militant hideouts in Afghanistan, following a deadly assault on a Pakistani military outpost.
By Staff Reporter
KARACHI: Pakistan’s central bank maintained its benchmark interest rate at 22 percent on Monday, in a widely anticipated move that marks the sixth consecutive policy meeting without a change.
By Staff Reporter
ISLAMABAD: Suspected Islamist militants attacked a Pakistani army post in the country’s restive northwest near Afghanistan early on Saturday, killing seven soldiers, including two officers, in a brazen assault that highlighted the security challenges facing the country.
By Staff Reporter
ISLAMABAD: The Finance Ministry commenced the final review of its $3 billion standby arrangement with the International Monetary Fund (IMF) on Thursday, signaling confidence in meeting the fund’s criteria and securing a subsequent tranche of $1.1 billion.
By Staff Reporter
ISLAMABAD: The Peshawar High Court on Thursday upheld the Election Commission of Pakistan’s (ECP) decision to reject the Sunni Ittehad Council’s (SIC) claim to reserved seats for women and minorities in the Parliament.
By Staff Reporter
ISLAMABAD: The International Monetary Fund (IMF) is set to conduct its final review of Pakistan’s $3 billion stand-by arrangement (SBA) starting today, with discussions anticipated on a new, longer-term bailout for the South Asian nation, the finance ministry and IMF said.
By Staff Reporter
ISLAMABAD: The police arrested dozens of opposition activists on Sunday, including two close aides of the jailed former prime minister Imran Khan, as his party staged nationwide protests against what it called a rigged election last month.
By Staff Reporter
ISLAMABAD: Asif Ali Zardari, the co-chairman of the Pakistan Peoples Party, was sworn in as the 14th president of Pakistan on Sunday, becoming the first person to hold the office twice in the country’s history.
By Staff Reporter
ISLAMABAD: Asif Ali Zardari, the leader of the Pakistan Peoples Party and a former president, won a second term as the country’s head of state on Saturday, defeating his rival Mahmood Khan Achakzai, a veteran politician and an ally of the jailed former prime minister Imran Khan.
