Page 125 - Pakistan

Pakistan seeks assurance from Saudi Arabia to unlock IMF deal: Report

Pakistan is seeking confirmation from Saudi Arabia for securing additional deposits of $2 billion and a %950 million loan programme from the World Bank and Asian Infrastructure Investment Bank (AIIB)

Toshakhana case: What's behind the arrest drama at Imran Khan's residence

The police were supposed to arrest Khan for his persistent absence from the court hearings of the Toshakhana case, but they could not

Pakistan: PML-N leader Maryam Nawaz mocks Imran Khan for avoiding arrest

Pakistan Muslim League Nawaz (PML) leader Maryam Nawaz has said that there is no comparison between Imran Khan and Nawaz Sharif as the PML-N supremo was a brave person, The News International reported

Imran Khan facing arrest has been banned from Pakistani TV channels

The authority said late on Sunday night that Khan's actions were prejudicial to the maintenance of law and order and were likely to disturb public peace

Imran Khan dodges arrest after police show up at Lahore residence

PTI Chairman Imran Khan dodged arrest as Islamabad Police showed up at his Zaman Park residence in Lahore with court summons to take him into custody

Imran Khan dodges arrest as cops show up at his house, says report

The 70-year-old cricketer-turned politician, who has been recovering from a gunshot injury from an assassination attempt in Wazirabad last year, has thrice skipped indictment hearings in the case

Villagers near LoC in J-K ecstatic as Indo-Pak ceasefire enters third year

Mohammad Yousuf Kohli is constructing a new house for his family of six in a forward village near the Line of Control (LoC) in Jammu and Kashmir's Rajouri district, a dream which he says is fulfilled only because of the ceasefire between India and Pakistan that entered its third year last month. The border villagers are enjoying peace along the borders by going for normal activities like tending their land and grazing their cattle without the fear of cross-border shelling. The villagers said they are praying for continuation of the agreement so that the schooling of their children is not affected and benefits of developmental activities reach the last village on the border. On February 25, 2021, India and Pakistan announced implementation of renewed ceasefire along the borders in Jammu and Kashmir, which came as a major relief to the people living along the LoC and the International Border. India and Pakistan had initially signed a ceasefire agreement in 2003, but Pakistan frequentl

IMF asks Pakistan to take steps to be able to function as a country

IMF MD Kristalina Georgieva, recently said Pakistan had been asked by the IMF "to take steps to be able to function as a country" and not get into a dangerous place where it needs debt restructuring

No one ready to compromise with 'foreign agent' Imran Khan: Pak Minister

Pakistan Federal Minister for Information and Broadcasting Marriyum Aurangzeb has strongly reacted to PTI Chairman Imran Khan's speech and said no one was ready for any understanding with him

Moody's downgrades long-deposit ratings of five Pakistani banks amid crisis

Moody's Investors Service has downgraded the long-term deposit ratings of five Pakistani banks to Caa3 from Caa1, The Express Tribune reported

Pak increases interest rate by 300 bps to 20% amid rising inflation

The State Bank of Pakistan has increased the interest rate by a massive 300 basis points (bps) taking it to a record-high level of 20 per cent, in accordance with the conditions set by the IMF

Islamabad has 'unique distinction' for hosting terrorists: India to Pak

Pakistan has the "unique distinction" of hosting the most number of UNSC-designated terrorists and terror organisations, and its policies are directly responsible for thousands of civilian deaths in the world, India has said as it slammed Islamabad for its malicious propaganda against it. Exercising its right of reply to Pakistan's statement at the United Nations Human Rights Council (UNHRC) in Geneva on Friday, India said when it is not entirely focused on suppressing its own population, Pakistan actively lends its energies to aid, host and abet international terrorists. "It has the unique distinction of hosting the most number of UNSC designated terrorists and terror organisations. Osama bin Laden lived next to Pakistan's premier military academy. Its security agencies have nurtured and sheltered Hafiz Saeed and Masood Azhar for decades, First Secretary of India's Permanent Mission to UN Seema Pujani said. "These are but a few dreaded names from the annals of Pakistan's history of

Pakistan PM's office demands hike in budget defying cost-cutting policies

Pakistan Prime Minister Shehbaz Sharif's office has sought PKR 75 million or 16 per cent additional budget for allowances, fuel, and food rather than placing a cut on the expenses

Ready to talk with Army Chief for Pakistan's betterment: Imran Khan

Imran Khan said that he will not surrender before anyone and he is not fighting with the establishment but he can do nothing if someone is not ready to talk

Cash-starved Pak to receive another $1.3 billion from ally China

Pakistan will get another USD 1.3 billion from all-weather ally China to shore up its fast-depleting forex reserves, Finance Minister Ishaq Dar said on Monday, days after the cash-strapped country received USD 700 million from Beijing. Addressing a press conference here, Dar said that the Industrial and Commercial Bank of China Ltd (ICBC) would provide the funding in the coming days. "All our formalities with the ICBC are complete as of last night. We returned them USD 1.3bn in the last few months they are giving it back and have renewed this facility, he said. The minister said that USD 500 million would be transferred to Pakistan possibly in the next few days - by Monday or Tuesday - and another USD 500 million within 10 days. Last week, Pakistan received a much-needed cash injection of USD 700 million from China to help its ailing economy before the finalisation of talks with the IMF for financial assistance. It prompted Prime Minister Shehbaz Sharif to express gratitude to th

Pakistan hikes policy rate by 300 basis points amid rising inflation

The State Bank of Pakistan (SBP) has decided to increase policy rate by 300 basis points to 20 per cent amid rising inflation

China blames 'certain developed country' for Pakistan's financial crisis

The spokesperson called on concerted efforts of all parties to play a constructive role in the economic and social development of the country, The Express Tribune reported

Pakistan raises key rate by 300 bps, slaps Rs 3.23 power surcharge

Rate now highest in 26 years; currency falls to record low, $ bonds slump

Markets brace for potential default by Pakistan as $7 bn debt looms

Pak was downgraded deeper into junk by Moody's Investors this week as the country faces its worst economic crisis in decades, with foreign reserves plummeting and inflation soaring to record high

TTP aims to push Pakistan govt out of Khyber Pakhtunkhwa: US report

According to the 2021 Country Reports on Terrorism, the TTP uses the tribal belt along the Afghanistan-Pakistan border to train and deploy its operatives