IMF urges Pakistan to cut spending or introduce a mini-budget on November 12, 2024Finance Minister Mohammad Aurangzeb has commenced talks with the International Monetary Fund (IMF), which is pressing Pakistan to boost its revenue collection, according to the reports. The report suggests that the IMF has put forth two options: introduce a mini-budget to bridge the Rs189 billion revenue gap or devise a plan to curb excessive spending. […]
IMF team, Pakistan to discuss mini-budget for additional taxes on November 11, 2024An International Monetary Fund (IMF) delegation is set to arrive in Pakistan today, with formal talks commencing tomorrow. The government is gearing up to present an overview of the country’s economic performance for the first quarter of the current fiscal year. According to Finance Ministry sources, the IMF team will remain in Pakistan until November […]
Remittances surge 24% year-on-year to $3.05bn in October on November 8, 2024Pakistan received $3.1 billion in remittances from overseas workers in October 2024, marking a notable 23.9% increase compared to $2.46 billion in the same month of the previous year, according to data released by the State Bank of Pakistan (SBP) on Friday. On a monthly basis, remittances rose by 6.7% from $2.86 billion in September […]
Trump’s victory won’t impact Pakistan-US bilateral ties: FO on November 7, 2024Pakistan’s Foreign Office has reaffirmed the nation’s commitment to strengthening its relationship with the United States following Donald Trump’s recent election win. This comes as the two countries mark over seven decades of diplomatic engagement, dating back to Pakistan’s independence in 1947. Throughout this period, the U.S. and Pakistan have cooperated in various sectors, including […]
PTI urges mass movement for judicial independence on November 6, 2024The PTI has urged the public to unite beyond political divides and launch a movement to safeguard judicial independence, which it claims is vital for the security and freedom of every citizen in the country. Speaking at a press conference at the Lahore Press Club on Tuesday, PTI Secretary General Salman Akram Raja accused the […]
Protests in Balochistan’s Duki after rocket attack on coal mines kills 20 on October 11, 2024Protests have erupted in Balochistan’s Duki district following a devastating rocket attack on coal mines that left at least 20 miners dead and seven others injured. The latest bout of violence in the province unfolded when armed men launched an assault on the mines in the early hours of Friday, using heavy weapons, according to […]
Islamabad High Court orders CDA to de-seal KP House on October 10, 2024On Thursday, the Islamabad High Court (IHC) directed the de-sealing of the Khyber Pakhtunkhwa House in the federal capital, just two days after the Capital Development Authority (CDA) sealed it. IHC Chief Justice Aamer Farooq issued the court’s orders during a hearing concerning a petition filed by the KP government. Justice Farooq told the CDA’s […]
Pakistan vows swift justice for ‘barbaric act’ as attack claims lives of foreign nationals on October 7, 2024Pakistan has vowed strict action against those responsible for the deadly attack on a convoy carrying Chinese nationals in Karachi, which claimed the lives of at least three people, including two Chinese citizens. The explosion, which took place late Sunday near Jinnah International Airport, also injured over a dozen individuals, including another Chinese national. The […]
SC rejects PTI’s objection on bench formation on October 2, 2024The Supreme Court of Pakistan turned into a battleground of high drama on Wednesday as tensions flared during the hearing of a review petition challenging the interpretation of Article 63A of the Constitution. The petition, filed by Pakistan Tehreek-e-Insaf (PTI), saw fireworks erupt when Mustafin Kazmi, a PTI representative, clashed with the Chief Justice. The […]
PTI appeals to the Supreme Court regarding the SC Practice and Procedure Ordinance on September 26, 2024On Thursday, the Pakistan Tehreek-e-Insaf (PTI) filed a petition with the Supreme Court, challenging the constitutionality of the Supreme Court (Practice and Procedure) Amendment Ordinance 2024. PTI Chairman Barrister Gohar Khan is seeking to have the ordinance declared “unconstitutional” and is requesting that all decisions made by the Practice Procedure Committee after the ordinance’s approval […]