By Staff Reporter
KARACHI: Pakistan and the International Monetary Fund (IMF) have reached a $3 billion staff-level agreement for a crucial bailout that could help stabilize the country’s flailing economy and lift it out of an impending debt default.
By Staff Reporter
ISLAMABAD: Security forces killed four militants, including a commander, in two separate raids in the northwestern Khyber Pakhtunkhwa province, the military said on Wednesday.
By Staff Reporter
ISLAMABAD: Pakistan will let foreign oil suppliers store crude and refined products in bonded facilities at its ports, a move that may ease the nation’s foreign exchange burden and prevent fuel shortages, the state minister for petroleum said on Wednesday.
By Staff Reporter
ISLAMABAD: A top judge in Pakistan’s Supreme Court has called for a full court to hear petitions challenging the trials of civilians in military courts, saying the current six-judge bench could erode public trust in the justice system.
By Staff Reporter
ISLAMABAD: Pakistan is in talks with the International Monetary Fund (IMF) for a new six-to-nine-month loan of about $2.5 billion, as it seeks to complete a bailout program that expires at the end of this month.
By Staff Reporter
ISLAMABAD: Pakistan is awaiting a decision on a stalled bailout programme from the International Monetary Fund (IMF), which said on Tuesday it was holding talks authorities with the aim of “quickly reaching an agreement”.
By Staff Reporter
KARACHI: Pakistan received its second shipment of Russian crude oil on Tuesday, as part of a deal to import 100,000 tonnes of discounted oil from Moscow to ease its energy crisis.
By Staff Reporter
ISLAMABAD: Pakistan summoned a senior U.S. diplomat on Monday to protest against a joint statement by the United States and India that urged Islamabad to take action against militants operating from its soil.
By Staff Reporter
ISLAMABAD: Pakistan’s army fired three senior officers and disciplined 15 others for failing to prevent violent attacks on military assets by supporters of former Prime Minister Imran Khan last month.
By Staff Reporter KARACHI: Pakistan’s benchmark stock index soared to its highest level in more than 14 months on Monday as investors bet that the
