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IMF Recognises Pakistan’s Economic Performance and Reform Progress

IMF Recognises Pakistan’s Economic Performance and Reform Progress

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ISLAMABAD: The International Monetary Fund (International Monetary Fund) said on Friday that Pakistan’s consistent and disciplined policy implementation has helped maintain economic stability and improve financial conditions, although geopolitical tensions in the Middle East continue to pose risks to the outlook. The IMF urged Pakistan to maintain fiscal discipline and accelerate structural reforms to achieve […]

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Eid al-Adha: Islamabad Increases Security at Cattle Markets

Eid al-Adha: Islamabad Increases Security at Cattle Markets

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ISLAMABAD: Police in Islamabad have deployed more than 1,500 officers and personnel to secure cattle markets ahead of Eid al-Adha, officials said on Friday. Authorities introduced the security plan as large crowds and commercial activity are expected at cattle markets across the capital before the religious festival. Eid al-Adha is one of the two major

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Pakistan Targets Zero Power Circular Debt by 2031

Pakistan Targets Zero Power Circular Debt by 2031

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ISLAMABAD: Pakistan has assured the International Monetary Fund that it will raise electricity and gas prices for consumers, except for protected users, as part of ongoing budget negotiations and energy sector reforms, sources said on Thursday. Pakistan and the IMF are currently holding talks on the upcoming federal budget, energy sector reforms, reduction of circular debt and

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Political parties should speak on terrorism: Zia Langove

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ISLAMABAD: Balochistan Interior Minister Mir Zia Langau has called upon political parties to play a more proactive role in highlighting the state’s position regarding terrorism. In a recent statement, the Minister criticized the political landscape for focusing on trivial issues while neglecting grave national security matters. He argued that the reluctance of political entities to

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Drug Queen "Pinky" Makes Stunning Disclosures

Drug Queen “Pinky” Makes Stunning Disclosures

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KARACHI: In a series of startling revelations during initial interrogation, Anmol, known in the criminal underworld as Pinky, has detailed a massive drug trafficking operation that allegedly flourished through the systematic bribery of law enforcement officials and the exploitation of legal chambers. The suspect disclosed that her illicit enterprise generated over 20 million PKR in

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Pakistan to Begin Work on $6.6 Billion ML-1 Railway Project this Year

Pakistan to Begin Work on $6.6 Billion ML-1 Railway Project This Year

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ISLAMABAD: Pakistan’s Ministry of Railways has presented a detailed plan in the National Assembly for the upgradation of the 1,726-kilometre Main Line-1 (ML-1) railway track from Karachi to Peshawar. According to government documents, the mega project will be completed in five phases with a total estimated cost of $6.66 billion. Officials said construction will begin

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