Government
In a significant blow to Pakistan's economy, the rupee plummeted to an unprecedented low against the US dollar in the open market. The currency's value dropped by Rs2, reaching Rs301 per dollar, with reports suggesting it even traded as low as 305 in some areas. This
Government
In a bid to provide relief to the masses, the federal government of Pakistan has announced its decision to pass on the recent reduction in petroleum product prices to the public. The decision was made during a meeting of the federal cabinet chaired by Prime Minister Shehbaz Sharif, following the
World
In a positive development for Pakistan's economy, the current account recorded a surplus for the second consecutive month in April. The surplus amounted to $18 million, a significant improvement compared to the $640 million deficit recorded in the same period last year, according to data released by the
Government
The Muttahida Qaumi Movement-Pakistan (MQM-P) has expressed its dissatisfaction with the digital census results and issued a warning of potential protests if the true population count of Karachi is not reflected in the final results. During a press conference held at the party's temporary headquarters in
Government
In a recent statement, Minister of State for Finance, Dr. Aisha Ghaus Pasha, emphasized that the government is in constant communication with the International Monetary Fund (IMF) and is committed to staying on track with the Fund's program. Pasha highlighted that the government had faced significant political costs
Government
In a recent development, Shah Mahmood Qureshi, the Vice Chairman of the Pakistan Tehreek-e-Insaf (PTI), has refused to sign an undertaking required for his release from jail, resulting in the Islamabad High Court (IHC) withholding the issuance of a written order. The IHC had made the undertaking a
Government
In a significant turn of events, the Lahore High Court (LHC) has ruled in favor of 70 Pakistan Tehreek-e-Insaf (PTI) Members of the National Assembly (MNAs) whose resignations were previously accepted. The PTI MNAs, including prominent figures such as Fawad Chaudhry, Shah Mehmood Qureshi, and Pervaiz Khattak, had
Government
In a significant development, the Lahore police have made claims that the individuals arrested on terrorism charges from Zaman Park had connections with the Pakistan Tehreek-e-Insaf (PTI) leadership. The Punjab police, while disclosing the identities of the detained "terrorists," alleged that Bakhat Alam and Mumtaz Mardan
Government
In a significant development, Prime Minister Shehbaz Sharif of Pakistan and Iranian President Ebrahim Raisi joined hands to inaugurate the Mand-Pishin border market and the Gabd-Polan power transmission line, marking a quantum leap in the Pakistan-Iran relationship. The prime minister expressed his belief that these projects would
Government
Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan has expressed apprehension about a potential re-arrest as police surround his residence in Zaman Park. In what he describes as "probably" his last tweet before his possible arrest, Imran Khan raises concerns about his current situation. He emphasizes the
Government
In a significant development, Pakistan Tehreek-e-Insaf (PTI) leaders Alia Hamza and Maryam Mazari, along with other individuals, have been sent on a seven-day judicial remand by the anti-terrorism court of Lahore. The case pertains to the attack, vandalism, and arson committed at Jinnah House, prompting a
Government
In a recent turn of events, Bushra Khan, the wife of former Prime Minister Imran Khan, has found herself facing corruption charges in a case that led to her husband's arrest on May 9. Accompanied by Imran, Bushra appeared in court on Monday and was granted protective bail.