By Staff Reporter
KARACHI: Pakistan foreign currency reserves are falling fast despite government’s tightening of access to dollars, hitting the lowest level since mid 2014 during the week ended on December 30, 2022 as the country struggles to meet external financing needs.
Independent sources say Toor Hafiz and his band were involved in target killing of security forces and attacks on police stations. By Naveed Naqvi.
By Staff Reporter
ISLAMABAD: Pakistan is expected to seek $16.3 billion in aid from the international community for rehabilitation and reconstruction of flood-hit areas next week in Geneva, an official said on Thursday.
By Staff Reporter
ISLAMABAD: Interior Minister Rana Sanaullah on Thursday said the government would not negotiate with any terrorist or militant group, including Tehreek-i-Taliban Pakistan (TTP).
By Staff Reporter
ISLAMABAD: Pakistan will likely secure an additional multibillion-dollar financial support package from long-time ally Saudi Arabia ‘within days’ to shore up its foreign currency reserves, the finance minister said on Wednesday.
A briefing paper released at the presser demolishes the PTI’s white paper by exposing claims made in it as barefaced lies designed to extract political advantage from economic hardship brought in by the party’s own misrule. By Muhammad Ali.
By Staff Reporter
ISLAMABAD: The government on Tuesday allowed another 150,000 tonnes of sugar export, bringing the total to 250,000 tonnes so far this year, as it seeks to generate foreign exchange for its dried coffers.
By Staff reporter
ISLAMABAD: The coalition government of Prime Minister Shehbaz Sharif on Tuesday decided to ban wedding functions after 10 pm and shut markets across the country at 8.30 pm as part of a raft of measures under the energy conservation plan to save costs amid an ongoing economic crisis.
By Naveed Naqvi
ISLAMABAD: Political and military leadership on Monday said no country will be allowed to shelter militants who stage attacks against Pakistan in an apparent reference to neighboring Afghanistan.
By Staff Reporter
ISLAMABAD: Consumer prices unexpectedly rose in December and underlying inflation accelerated amid rising costs for fuel and food, indicating that the central bank will keep borrowing cost elevated in its next monetary review.
