Key takeaways Finance Minister Muhammad Aurangzeb told Reuters that Pakistan’s economy should grow north of 4% this fiscal year, and that five or six state entities could be privatised within the year to raise more than $1 billion. Illustration: WHAT TODAY? Pakistan’s economy should grow …
President Zardari has placed Khyber Pakhtunkhwa under emergency rule under Articles 232 and 234, effectively suspending the PTI-led provincial government after the federal cabinet cited worsening militancy and collapsed talks over the ongoing protest march. Key takeaways Pakistan placed its northwestern Khyber Pakhtunkhwa province under …
Key takeaways: Pakistan’s new daily fuel-pricing system set fresh rates on Thursday, effective Friday October 9: petrol rose Rs2.31 to Rs398.96 per litre and diesel Rs0.78 to Rs395.72, with Friday’s rates frozen through the weekend. Pakistan’s daily fuel price reviews have delivered their latest verdict: …
Key takeaways LAHORE — Punjab, Pakistan’s most populous province, has been placed under sweeping emergency restrictions this week. The Punjab Home Department on Tuesday imposed Section 144 across the entire province, banning public gatherings of five or more people, political rallies, processions, sit-ins and demonstrations, …
Key takeaways UN Secretary-General António Guterres arrived in Islamabad on October 6 for a three-day official visit. He will meet Pakistan’s top civil and military leadership, visit the UNMOGIP headquarters, and receive a disaster-management briefing. Illustration: WHAT TODAY? United Nations Secretary-General António Guterres arrived in …
Key takeaways Pakistan’s policy-level talks with the IMF are expected to wrap up by October 7. A successful fifth review would unlock about $1.2 billion — $1 billion under the Extended Fund Facility and $200 million under the climate resilience facility. Illustration: WHAT TODAY? Pakistan’s …
Key takeaways The Makkah Defence Alliance’s top committee meets in Riyadh today (Oct 5), bringing together ministers and military chiefs from Pakistan, Türkiye and Saudi Arabia. On the agenda: Houthi attacks on the kingdom, a new Yemeni military offensive, and turning the August pact into …
Key takeaways Pakistan’s home season opens with the Sri Lanka T20I series in Rawalpindi on October 9, 11 and 13. Tickets are on sale from Rs 200, and Rawalpindi has finalised a security plan adding 1,500+ police personnel. Illustration: WHAT TODAY? Pakistan’s international cricket home …
Key takeaways G7 leaders agreed on Friday to release 100 million barrels of diesel and crude from strategic reserves over four months, with a large diesel tranche within 20 days, after US President Donald Trump dropped his threatened ban on American diesel exports. The move …
S&P Global Ratings raised Pakistan's long-term sovereign credit rating to 'B' from 'B-' on 22 July, the highest level since 2016. Foreign exchange reserves reached $25.3 billion at the end of June, against $6.7 billion in December 2022.