Chinese bank rolls over $2.4bn loan to Pakistan By: Web Desk on July 27, 2023The Export-Import Bank of China (EXIM) has extended a $2.4 billion loan to Pakistan, providing a sigh of relief to the outgoing Pakistan Democratic Movement-led government as it works to meet Pakistan’s debt payments due next year. Finance Minister Ishaq Dar announced in a tweet that the bank has rolled over the funds for two […]
Farah Gogi refuses becoming witness against Bushra Bibi, Imran Khan By: Web Desk on July 26, 2023Farhat Shahzadi, also known as Farah Gogi has denied becoming a witness against Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan and his wife, Bushra Bibi. In an interview with Geo News over the phone, a friend of the former first lady denied presenting as a witness against the ex-premier and his wife, calling the reports “baseless and […]
Ishaq Dar terms caretaker PM talks ‘premature’ By: Web Desk on July 26, 2023Finance Minister Ishaq Dar, whose name has been floated as a possible caretaker prime minister, has stated that speculations for the coveted position are “premature,” and that consultations for the appointment have not yet begun. During an interview on a private television channel on Tuesday, he stated that the decision would be approved by the […]
No strike as petroleum dealers’ margin raised by Rs1.6 per litre By: Web Desk on July 25, 2023After hours of negotiations, the government agreed to increase the profit margin on petroleum products by Rs1.64 per litre in order to persuade petroleum dealers to call off the strike they threatened last week. Abdul Sami Khan, Chairman of the Pakistan Petroleum Dealers Association (PPDA), announced the agreement. The government proposed an increase in dealer […]
PPP ‘willing’ to appoint Ishaq Dar as caretaker prime minister By: Web Desk on July 24, 2023The Pakistan Peoples Party (PPP), one of the Centre’s two major coalition partners, has not ruled out accepting Ishaq Dar, the incumbent finance minister and a member of the Pakistan Muslim League-Nawaz (PML-N), as caretaker prime minister. Both major coalition partners have agreed that the interim set-up should be led by a politician, with the […]
Cop martyred, several injured in Khyber explosion By: webdesk on July 20, 2023One police officer was martyred and several left injured in Khyber Pakhtunkhwa’s Bara Bazar suicide attack on Thursday. The latest attack on the law enforcers occurred when police were checking people entering the tehsil compound — which houses the Bara Police Station, government offices, and a cell of the counter-terrorism department (CTD). KP Inspector General […]
Azam Khan records statement against PTI Chief over cypher controversy By: Web Desk on July 19, 2023Azam Khan, Imran Khan‘s former principal secretary who had gone missing for some time, made headlines when he accused the former prime minister of using US cypher to create a false narrative against the military establishment and then the opposition. Azam Khan, a close aide to the PTI chairman, recorded a statement accusing him of […]
GB elects its first female deputy speaker By: Web Desk on July 18, 2023Gilgit-Baltistan’s legislature experienced a sea change on Monday when its first female deputy speaker was elected unopposed. Sadia Danish, a Pakistan Peoples Party (PPP) leader and nominee of the Pakistan Democratic Movement (PDM) was elected after reaching an agreement with her party and the Pakistan Tehreek-e-Insaf (PTI) Forward bloc, which supported her nomination. The election […]
Pervez Khattak announces new political party PTI Parliamentarians By: APP/ Web Desk on July 17, 2023Former chief minister, Pervez Khattak here Monday launched a new political party under the name of Pakistan Tehreek-e-Insaf Parliamentarians (PTIP), claiming the support of 57 ex-assembly members and senior politicians mostly belonged to Khyber Pakhtunkhwa. Pervez Khattak has announced the new party name after holding an important meeting with his close aides at a hotel […]
Pakistan needs steadfast policy implementation: IMF By: webdesk on July 14, 2023Steadfast policy implementation is critical for Pakistan in the period ahead, International Monetary Fund (IMF) spokesperson Julie Kozack said Thursday, after the lender approved a bailout for the cash-starved. In a press briefing on Thursday, Julie Kozack, the IMF’s Director of Strategic Communications (COM), said that while it is relatively a short programme, the nine-month SBA “provides […]