By Staff Reporter
ISLAMABAD: State-run Pakistan State Oil (PSO) was rescued by the government on Sunday through a Rs30 billion emergency funding as the state-run oil giant, buckling under the cost of soaring oil import prices and stuck-up receivables, was racing against the clock to avoid becoming the country’s first default.
Corruption is as old as civilisation itself. The problem is, it has come to be seen as the norm in our country – thanks in
Pakonomics notes the budget targets have been formulated in a politically constrained environment, but assesse Pakistan’s outlook as “unpredictable” because of political instability. By Staff
Officials say the curbs on CBUs of automobiles, cellular mobile handsets, and home appliances will stay for now. By Muhammad Ali ISLAMABAD: There is still
A crusader top judge has taken it upon himself to address all ills of the polity above and beyond Constitutional sanction. What could go wrong?
By Staff Reporter
ISLAMABAD: Army chief General Qamar Javed Bajwa has reached out to the US for an early disbursal of the $1.2 billion loan from the IMF’s bailout programme as the cash-strapped country grapples with dwindling foreign exchange reserves inching towards foreign debt obligations.
Inflationary and external sector risks – along with “political unrest” – are contributing to an uncertain economic outlook, says the July Monthly Economic Update &
The sovereign house has emphasised the trichotomy of powers enshrined in the Constituent and appointed a committee to lead requisite reforms. By Staff Reporter ISLAMABAD:
In a letter to the Judicial Commission of Pakistan, Supreme Court’s senior puisne judge Justice Qazi Faez Isa says the meeting called for July 28
The economic managers are determined to stay on-budget this fiscal – in line with a commitment made with the IMF. Mohammad Ali ISLAMABAD: The Ministry
