Page 174 - Pakistan

'Cutting chai': Pak minister urges people to reduce tea consumption

Cash-strapped Pakistan has urged its countrymen to cut down the consumption of tea to help reduce the import bill eating into the country's depleting foreign exchange reserves

Pakistan PM Sharif: Determined to complete all CPEC projects on time

Sharif said the affordable and skilled Pakistani labour and modern Chinese technology jointly will help make the economic development grow at a vigorous pace

Critically-ill Pervez Musharraf may be brought back from UAE: Report

Gen. Musharraf, 78, who ruled Pakistan from 1999 to 2008, was charged with high treason and given a death sentence in 2019 for suspending the Constitution

Pakistan FinMin warns of default if fuel subsidies not abolished

Ismail claimed that the government was still giving Rs 19 subsidy on petrol and Rs 53 subsidy on diesel

Europe's plan to quit Russian fuel plunges Pakistan into darkness

In order to avoid blackouts during the Eid holiday last month, the Pakistan government paid nearly $100 million to procure a single LNG shipment from the spot market

US wants Pak to take sustained action against terror groups: American envoy

The US expects Pakistan to take sustained and indiscriminate action against all terrorist groups, Washington's new envoy said

Pakistan launches diplomatic effort to get out off FATF grey list: Report

Pakistan has launched a massive diplomatic effort to get off the grey list of global money laundering and terrorist financing watchdog FATF, a media report said on Tuesday. Pakistan has been on the grey list of the Paris-based Financial Action Task Force (FATF) since June 2018 for failing to check money laundering, leading to terror financing, and was given a plan of action to complete it by October 2019. Since then, the country continues to be on that list due to its failure to comply with the FATF mandates. Pakistan needs the votes of Turkey, China, and Malaysia to get off the list, and all three countries have assured the Pakistani authorities of full support for the purpose, the News International reported. The decision on Pakistan's status on the list will be taken during the current meeting being held from June 14 to 17 in Berlin, Germany, official sources were quoted by The News International on Tuesday. According to sources, during the recent visits of Prime Minister Shehb

Pak rupee, stocks tumble as budget fails to restore investor confidence

The local currency surpassed the critical threshold of 204 against the US dollar in the interbank market during intra-day trade

Cash starved Pakistan spends big on military despite financial meltdown

Karachi-based newspaper Dawn said that defence expenditure is budgeted at Rs 1,523 billion, which makes up 17.5 per cent of the total current expenditure

Pakistan's political parties blame each other for economic crisis

Pakistan's political parties, the incumbent PML-N government and the ousted Pakistan Tehreek-e-Insaf (PTI) government led by Imran Khan on Sunday blamed each other for the economic mess in the country

Stop attacks on Chinese nationals in Pakistan, Beijing tells Gen Bajwa

Highlighting the attacks on Chinese nationals in Pakistan, Beijing on Sunday asked Pakistan's Army Chief General Qamar Javed Bajwa to stop attacks on its nationals

Pak, China reaffirm their 'strategic partnership in the challenging times'

The tri-service military delegation of Pakistan visited China from June 9 to 12

Imran Khan moves SC against election body for not disqualifying dissidents

Pakistan's former Prime Minister Imran Khan has knocked at the doors of the country's Supreme Court to challenge the Election Commission of Pakistan's (ECP) declaration on May 11

Prophet controversy: Pakistan runs disinformation campaign against India

Pakistan is once again using social media to defame India after row over remarks on Prophet Mohammad by suspended BJP leader Nupur Sharma during a TV debate

Pakistan unemployment: 27.6% rise in people seeking jobs overseas

The Covid pandemic has given another blow to the opportunities for employment in Pakistan which is shrinking by the day.

Pakistan's Punjab gets huge share of 51.74% in budgetary distribution

Sindh's share was 24.55 per cent. 14.62 per cent and 9.09 per cent share would be distributed to Khyber Pakhtunkhwa and Balochistan respectively, The Express Tribune reported.

Pakistan unveils 'pro-people' FY23 budget with focus on inclusive growth

Pakistan has proposed its financial budget for the next fiscal year with plans to focus on sustainable and economic growth, with officials calling it a "pro-people" and balanced budget amid financial

Pak FM discusses remarks on Prophet by ex-BJP leaders with UNGA President

Pakistan FM Bilawal Bhutto Zardari apprised President of UN General Assembly Abdulla Shahid of the controversial remarks made by two former senior BJP officials against Prophet Mohammad

Former Pakistan president Pervez Musharraf hospitalised in UAE: Family

Earlier, his close aide and former information minister Fawad Chaudhry said that General Musharraf is critical and on a ventilator support in a UAE hospital

Pakistan hikes defence budget by over 11%; allocates Rs 1,523 billion

The budget showed that debt servicing has risen to 29.1 per cent of the budget, making it the single largest expenditure and accounting for 45.4 per cent of the current expenditure