Surrounded by marshes and brackish seepage lagoons, Haleji Lake was once the favorite destination of migratory birds that flew thousands of miles from Siberia to enjoy Pakistan’s warm waters in harsh winters. Located some 100 kilometers (62 miles) from Pakistan’s commercial capital Karachi, the perennial freshwater lake is the South Asian country’s first man-made water […]
Amid ‘tough’ IMF conditions, Pakistan likely to propose ‘heavy’ taxation budget
The government of Prime Minister Shehbaz Sharif in Pakistan is set to propose its first budget this week since its inauguration in March, amid some “tough” conditions by the International Monetary Fund (IMF), which local economists reckon would result in “heavy” taxation and inflation. The country’s Finance Ministry and the IMF are locked in last-minute […]