Pakistan is contesting the fiscal gap in achieving the primary deficit and urged the IMF for incorporating flow of reduction under the revised Circular Debt Management Plan (CDMP)
Pakistan's Prime Minister Shehbaz Sharif on Sunday reiterated diplomatic, political, and moral support to the Kashmiri people until they attained their right to self-determination as per UN resolutions. Addressing a special session of the Pakistan-occupied Kashmir (PoK) assembly in Muzaffarabad, Sharif said that Pakistan always laid emphasis on a peaceful resolution of the Jammu and Kashmir dispute as per relevant UN Security Council's resolutions. He said that East Taimur, Darfur, and other areas of the world were given independence on ethnic grounds but the same is not applied in Kashmir and Palestine. He was speaking on the occasion of Kashmir Solidarity Day', which was observed in Pakistan to express support to the Kashmiris. Separately, Prime Minister Sharif in his special message said that the people of Pakistan renew our commitment of our unflinching support to them (Kashmiris) in their just struggle for inalienable right to self-determination. Foreign Minister Bilawal Bhut
Pakistan Prime Minister Shehbaz Sharif on Sunday condoled the demise of ex-chief of army staff and former President Pervez Musharraf
Amidst a wave of terror attacks in Pakistan, Prime Minister Shehbaz Sharif on Friday acknowledged the failure to avert the Peshawar carnage that killed over 100 people and called for "national unity" to tackle the menace. Addressing an apex committee meeting at the Governor House here on the mosque attack and the overall emerging terrorism situation in Pakistan, Sharif also expressed frustration at the criticism levelled against the federal government from opposition parties in the wake of a series of terror attacks. "There is a need for unity across the political spectrum. This act of terrorism managed to breach the security check post and reach the mosque. We should not feel hesitant in admitting the facts," Sharif said at the meeting which was boycotted by Imran Khan, former prime minister and chief of Pakistan Tehreek-e-Insaf party. Criticising Khan for refusing to attend the apex committee meeting, Sharif said you (Imran Khan) are not ready to join hands to improve the destiny
A devaluation of 15% in the Pakistani rupee and a rise last week in fuel prices could help eliminate some key snags, particularly as tax measures are apparently imminent
Earlier, on Friday, The Election Commission of Pakistan (ECP) announced that bypolls to 33 NA seats would be held on March 16
Peace overtures call for cautious pragmatism
The premier said the government has clearly conveyed its intentions to complete the ninth review to the IMF
If the Pakistani foreign minister visits India, it will be the first such visit in 12 years
Pakistan Prime Minister Shehbaz Sharif on Tuesday apologised to the nation for the inconvenience caused by the countrywide power outage that plunged millions of people into darkness and vowed to fix responsibility for the second major breakdown in nearly four months. Pakistan faced a major power breakdown on Monday due to a voltage fluctuation in the national grid, disrupting normal life and leaving major parts of the country, including capital Islamabad and financial hub Karachi, without electricity. Taking to Twitter, the premier wrote: "On behalf of my government, I would like to express my sincere regrets for the inconvenience our citizens suffered due to power outage yesterday." "On my orders an inquiry is underway to determine reasons of the power failure. Responsibility will be fixed," he tweeted. Power supply was mostly restored in Pakistan, though some parts of the country still experienced blackouts on Tuesday. Minister for Energy Khurram Dastgir said on Tuesday that ...
The outage lasted for more than 16 hours, especially when temperatures were forecasted to fall to around 4 degrees Celsius (39°F) in Islamabad and 8 degrees Celsius (46°F) in Karachi
Pakistan desperately needs breathing space and financial generosity, but India should not indulge it
Pakistan Prime Minister Shehbaz Sharif has said that it was embarrassing for him to seek more loans from friendly countries, saying it was not a permanent solution for the cash-strapped country's economic challenges. Addressing the passing out ceremony of probationary officers of the Pakistan Administrative Service (PAS) here in the capital of Punjab province on Saturday, Prime Minister Sharif regretted that during the past 75 years, different governments whether headed by political leadership or military dictators could not address the economic issues. Sharif said it really embarrassed him to ask for further loans while lauding the Kingdom of Saudi Arabia for the financial support, Geo News quoted him as saying. He said that seeking foreign loans was not the right solution to address Pakistan's economic challenges as the loans would have to be eventually returned. The prime minister said that sustainable development goals (SDGs) could be achieved and foreign loans avoided had th
Khan's remarks came after the Muttahida Qaumi Movement-Pakistan (MQM-P) threatened to leave the present coalition government
Pakistan Prime Minister Shehbaz Sharif travelled to the UAE on Thursday on a two-day visit aimed at ramping up bilateral economic and trade ties, just days after the country's powerful Army chief General Asim Munir concluded his trip to the Gulf emirate. Sharif is leading a delegation of key ministers on his third visit to the UAE since becoming prime minister in April last year. He was received by UAE's Minister for Economic Affairs Touq Al Mari at Abu Dhabi airport. "My visit to the UAE is aimed at building on the conversation I have had with H.H. President Sheikh @MohamedBinZayed. We share a resolve & understanding that the continuous efforts need to be made to further strengthen trade, investment & economic relations," Sharif tweeted after landing in the UAE. Pakistan's Foreign Office said on Tuesday that Sharif will meet the UAE president Sheikh Mohammed bin Zayed with a particular focus on advancing economic, trade and investment ties between the two countries. "The two .
Pakistan Prime Minister Shehbaz Sharif on Sunday left for Geneva to co-host a key conference in Geneva Monday along with the UN Secretary-General to raise more than USD 16 billion for a resilient recovery of his country from last year's climate-induced catastrophic floods. More than 33 million were displaced and over 1,700 were killed in the devastating floods that hit the country last summer due to unprecedented monsoon rains. According to an official statement, the Prime Minister was accompanied by a high-level delegation, comprising Foreign Minister Bilawal Bhutto Zardari, Finance Minister Ishaq Dar, Climatic Change Minister Sherry Rehman and Information Minister Marriyum Aurangzeb. Before embarking on the visit, Sharif in a series of tweets said that he would present the case of flood victims before the world. We will place comprehensive post-disaster framework plan for recovery, rehabilitation and reconstruction with resilience before development partners and friendly countrie
Pakistan needs about USD 30 billion to cover the short and long-term needs of the victims of last year's floods that claimed about 1,700 lives, Prime Minister Shehbaz Sharif has said, as he sought the international's community's support ahead of a key donors conference. More than 33 million were affected due to massive floods hitting the country last summer, leaving many at the mercy of international donors. Sharif's comments came as he sought the support of the global community ahead of an international conference being jointly hosted by Pakistan and the UN in Geneva on Monday. Sharif in an article in The Guardian, a British daily newspaper, wrote that a comprehensive roadmap for post-flood reconstruction and rehabilitation, to be presented at the conference, has been developed with the assistance of the World Bank, the UN, the Asian Development Bank and the European Union. He said the roadmap essentially envisages a two-pronged response to deal with the ravages of the flood. The
Prime Minister Shehbaz Sharif has made a telephonic call to International Monetary Fund chief Kristalina Georgieva to break the deadlock over the release of the next tranche of assistance for cash-strapped Pakistan, according to a media report on Friday. The contact was made four days before an expected face-to-face meeting between the prime minister and the IMF head on the sidelines of the Geneva Conference for flood victims. There was no official word about the contact but sources told The Express Tribune that the prime minister urged the IMF managing director to review the condition for the imposition of new taxes. He also sought relaxation in the demand to increase electricity prices to compensate for the deviation of around Rs 500 billion from the annual circular debt management plan. These remain the major stumbling blocks in reaching an initial understanding of a staff-level visit by the IMF to Pakistan. "However, the government stood ready to impose flood levy and windfall
Top civil and military leaders of Pakistan are set to meet in a National Security Committee (NSC) meeting chaired by Prime Minister Shehbaz Sharif on Friday to discuss the strategy to counter the rising threat of militancy in the country. The NSC meeting would also be attended by all service chiefs, key cabinet ministers, and other high officials. The decision to convene the meeting was taken after Chief of Army Staff General Asim Munir called on Prime Minister Sharif on Thursday to brief him about professional as well as national security matters, according to government officials. Director General Inter-Services Intelligence (ISI) Lt Gen Nadeem Anjum will brief the meeting on the recent terror wave in Pakistan and the Pakistan-Afghan border situation, while an integrated strategy against terrorism would be formulated, The News International newspaper reported. Official sources said that the meeting would discuss the modalities to counter the latest threat by the outlawed ...
Khan also criticised Prime Minister Shehbaz Sharif for being charged with Rs 16 billion in corruption but being released owing to their powerful position