Page 5 - Pakistan Government

Pakistan PM advisor Kaira demands SC to hear political crisis in Punjab

The Advisor to Pakistan's Prime Minister on Kashmir Affairs and Zaman Kaira on Sunday demanded a full Supreme Court bench to hear the current political and constitutional crisis in Punjab.

Pak rupee, stocks sink amid political uncertainty; Fitch downgrades rating

Pakistan is looking at financial meltdown as rupee fell against the US dollar while the stock market shed at least 1,500 points in two days after Fitch Ratings downgraded the country's credit rating

Pakistan, IMF reach agreement on $6 billion extended fund facility loan

The discussion was finalized by an IMF team led by Nathan Porter and the agreement is subject to approval by the IMF's Executive Board

G-20 summit in J&K: Setback for Pakistan government, victory for India

Just three years ago not many people could have even thought that Jammu and Kashmir would host the G-20 summit. However, the time has changed and has changed for the good. J&K known as "terror capital" of India till August 5, 2019 -- when the Centre announced its decision to abrogate the so-called special status of the Himalayan region and bifurcated it into two Union Territories -- has emerged as the tourism capital of India.

Pakistan's trade deficit hits record-high of $48.66 bn as imports soar

Cash-strapped Pakistan's trade deficit has surged to an all-time high of USD 48.66 billion in the outgoing fiscal year, up from USD 30.96 billion a year ago, a significant 57 per cent jump

IMF doesn't trust Pakistan because of Imran Khan's wrongdoing: Maryam Nawaz

Maryam said that the coalition government had to make some decisions with a heavy heart, including increasing the prices of petroleum products, because of the wrongdoings of the former Prime Minister

Pakistan confirms it has 682 Indian prisoners detained in its jails

Pakistan on Friday confirmed that it has 682 Indian prisoners detained in its jails, as Islamabad and New Delhi exchanged a list of civilian prisoners and fishermen in their custody

IMF sets tough conditions for Pak to revive $6 bn loan facility: Report

The International Monetary Fund has also asked Pakistan to set up an anti-corruption task force to review all the existing laws that were aimed at curbing graft in the government departments

Pak PM Shehbaz Sharif warns of increased electricity load shedding in July

After Pakistan failed to clinch a deal for natural gas supply for next month, Prime Minister Shehbaz Sharif on Monday warned of increased electricity load shedding in July

Pakistan PM Shehbaz Sharif blames Imran govt for rise in terrorism

During a meeting on Sunday, Shehbaz referred to the rise in terrorism-related incidents during the last four years against the backdrop of 56 per cent increase in the number of terror attacks in 2021

Imran Khan to hold protest rally in Islamabad against 'corrupt' Pak govt

In continuation of the protests against Pakistani PM Shehbaz Sharif's "imported and corrupt" government, the former PM Imran Khan issued a call for holding a rally in Islamabad on July 2

Promote lassi, sattu to curb tea import costs in Pakistan: Education board

A top educational body in Pakistan has proposed a novel idea to boost employment and reduce the expenditure on tea imports: promote the consumption of local drinks such as lassi and sattu.

Pakistan PM Sharif announces 10% super tax on large-scale industries

High net worth individuals will also be subject to a "poverty alleviation tax," Sharif announced after chairing a meeting of his economic team on the federal budget for the next fiscal year 2022-23.

Imran stages anti-govt protest, demands immediate polls in Pakistan

Khan said its high time for the people to realize and understand the agenda behind his ouster and the "slave to the west" approach by this government

US agrees to help as Pakistan negotiates bailout package with IMF: Report

The US has agreed to help cash-strapped Pakistan negotiate a deal with the IMF for the revival of the country's economic bailout programme with the global lender, a media report said.

Imran Khan vows to protest against Pak govt till announcement of elections

Pakistan Tahreek-e-Insaf chief Imran Khan on Sunday said that his party will continue protests against Pakistan's 'imported' government till the announcement of fresh elections.The PTI chief asked his party workers to be prepared for his call as they want a date for fresh elections and protests will be continued till the announcement of the election date, the ARY News reported.The former prime minister, while virtually addressing his supporters who held nationwide protests against rising inflation, said it is a national duty to raise voices against atrocities and injustice. Inflation has been massively increased by the present government which is affecting the poor people, he added."The national security and sovereignty will be compromised in return for seeking any kind of relaxation from the United States. The present government that had organized an anti-inflation march during the PTI government has now massively hiked the diesel and petrol rates by Rs115 and Rs85 respectively," ...

Pak working closely with FATF to schedule early on-site visit: Minister

Pakistan said it was working closely with the FATF to schedule an early on-site visit to verify the progress made by the country in countering financing of terrorism and money-laundering

Pakistan foreign minister Bilawal makes pitch for re-engagement with India

Pakistan's Foreign Minister Bilawal Bhutto-Zardari on Thursday made a strong pitch for re-engaging with India, saying cutting ties with New Delhi would not serve the country's interests

FATF set to review Pakistan for money laundering, terrorist financing

Financial Action Task Force (FATF), a global watchdog tasked with combatting money laundering and terrorist financing, is all set for its strategic review of Pakistan

Pak rupee, stocks tumble as budget fails to restore investor confidence

The local currency surpassed the critical threshold of 204 against the US dollar in the interbank market during intra-day trade