By Staff Reporter
ISLAMABAD: Pakistan is hosting a trilateral dialogue in Islamabad on Saturday with China and Afghanistan, where the foreign ministers will participate in bilateral and trilateral discussions on a range of issues, including security and the economy.
By Staff Reporter
ISLAMABAD: Pakistan’s fiscal deficit continues to pose economic challenges, reaching 3.7 percent of GDP or Rs3.078 trillion in the first nine months of the current fiscal year (July-March 2023), despite a provincial surplus of Rs456 billion.
By Staff Reporter
ISLAMABAD: The International Monetary Fund (IMF) is collaborating with Pakistani authorities to complete the ninth review of a stalled bailout program, the Fund’s mission said on Friday.
By Staff Reporter
ISLAMABAD: Gunmen stormed a government school in the northwest Kurram district on Thursday, killing seven teachers who belonged to the country’s minority Shiite community.
News Desk
ISLAMABAD: The International Monetary Fund (IMF) is set to review Pakistan’s budget plans for the upcoming financial year, a process that could pave the way for a crucial injection of financing for the cash-strapped country, Reuters newswire reported on Thursday.
By Staff Reporter
KARACHI: Pakistan’s oil sales experienced a sharp decline, with a 46 percent year-on-year drop to 1.171 million tons in April. The country’s total sales during the July-April period of FY23 also suffered a significant setback, decreasing by 24 percent to 13.970 million tons.
By Staff Reporter
ISLAMABAD: Pakistan has agreed to seek approval from the International Monetary Fund (IMF) before providing any additional subsidies, local media reported on Thursday.
By Staff Reporter
ISLAMABAD: Political deadlock over the scheduling of elections remains unresolved as the Pakistan Tehreek-e-Insaf (PTI) party, led by former Prime Minister Imran Khan, submitted a letter to the Supreme Court seeking the implementation of the court’s order on holding the Punjab elections on May 14.
The court allowed the former prime minister until tomorrow to show up, failing which his interim bail in the sedition case would be cancelled. By Naveed Naqvi.
By Staff Reporter
ISLAMABAD: Pakistan’s Human Capital Index (HCI) value of 0.41 is below the South Asia average of 0.48 and the country’s human capital outcomes are more in line with Sub-Saharan Africa, where the average HCI value is 0.40, the World Bank said on Tuesday.
