Pakistan will have to bring foreign exchange reserves equal to 2 months of imports by June 30 and arrange a loan of 10 billion dollars from international institutions. Photo: File Islamabad: Pakistan and the International Monetary Fund (IMF) have agreed in principle on the Memorandum of Economic and Financial Policies (MEFP) and draft agreement at…
The IMF wants a major adjustment in interest rates to ease inflationary pressures. Photo: File Islamabad: Pakistan needs to implement long-term economic stability policies. Any attempt to boost sluggish economic growth through fiscal policies will immediately run afoul of the International Monetary Fund and regional countries, all of which now want to see Pakistan as…
Unfortunately, Pakistan has been unable to develop economically due to political instability since its inception. Photo: File Karachi: After the mini-budget based on tax measures of one hundred and seventy billion rupees, increase in the prices of petroleum products and gas and one percent increase in GST, the prices of petroleum products have reached the…
—Photo: Reuters After the Karachi Police Office attack, America issued a travel advisory for its citizens Advised to exercise caution in visiting the ‘affected area’. The US Embassy in Islamabad said on social media website Twitter that “the US Embassy is closely monitoring the attack on the Central Police Office in Sadar, Karachi and local…
Karachi: Sindh Chief Minister Murad Ali Shah has said that the attack on the Karachi Police Office will not harm the Pakistan Super League. After the completion of the operation, Chief Minister Sindh along with IG Sindh reached Karachi Police Office and congratulated and encouraged the officers who fought the terrorists for repelling the terrorist…
Rawalpindi: An agreement was reached between Sheikh Rashid Ahmed and the British company regarding the film on the politics of Awami Muslim League chief Sheikh Rashid and the history of Lal Haveli. The name of the film will be ‘Dhan Raj Sheikh Rashid Lal Haveli’ for the shooting of which the company will come to…
—File photo: AFP Islamabad: In view of the economic situation, the parade of armed forces on Pakistan Day has been suspended. According to the sources, the decision was taken due to austerity drive and economic crisis. (function(d, s, id){ var js, fjs = d.getElementsByTagName(s)[0]; if (d.getElementById(id)) {return;} js = d.createElement(s); js.id = id; js.src =…
London: Leader of Muslim League (N) and former Prime Minister Nawaz Sharif has said that the audio leak is a serious matter which must be taken up in the Supreme Judicial Council. Talking to the media on the occasion of his departure from his office in London, Nawaz Sharif said that the audio leaks of…
Karachi: The three-day Karachi Literature Festival started in Karachi under the auspices of Oxford University Press. According to Express News, more than 60 events will be organized in the festival, including sessions on geopolitical challenges and climate change. Well-known social personality and founder of SIUT Dr. Adeebul Hasan Rizvi attended the inauguration ceremony of KLF…
Islamabad: The President, Prime Minister and Foreign Minister have strongly condemned the attack on the police office in Karachi. According to the details, Dr. Arif Alvi prayed for the speedy recovery of the personnel injured in the attack and said that the entire nation is standing with its security forces against the terrorists. The President…
