Owing to the lack of foreign exchange reserves in Pakistan and a reeling economic crisis, over 400 containers of imported vegetables were stuck at various terminals of Karachi seaport, Business Recorder reported on Wednesday.
IMF demanded additional information, including details of shelved development projects that have now been taken up again as a top priority of the government, The Express Tribune reported.
Islamabad's foreign exchange crisis has worsened as reserves have been depleted to a critical low of USD 8 billion, compared to over USD 20 billion in August 2021, undermining the country's ability to make international payments.
Assuring a "logical conclusion" for the report related to the leak of Army chief General Qamar Javed Bajwa's income tax records, Finance Minister Ishaq Dar shared that people behind the leak have been identified.
While delivering the verdict, Justice Muhammad Bashir said the case against Ishaq Dar, former National Bank president and finance minister, Saeed Ahmed, Naeem Mahmood and Mansoor Raza Rizvi cannot be heard by the court anymore after the recent changes to the laws governing the country's Nati
Finance Minister Ishaq Dar Monday ordered a probe into the 'illegal, unwarranted' leak of Chief of Army Staff General (COAS) Qamar Javed Bajwa's family tax records.
Dar offered dialogue to resolve political issues, the sources said. Meanwhile, the Pakistan President, a member of PTI, told him his message would be conveyed to the party leadership which has shown a willingness to hold talks.
Dar, during his visit to the US last month, had a meeting with the officials of the US State Department in which the matter of oil purchase from Russia was discussed. Citing India's example, the Pakistani minister said that the ministry will try to purchase oil from Russia on similar terms.
Islamabad [Pakistan], October 23 (ANI): Pakistan on Saturday requested its all-weather ally China to roll over its USD 6.3 billion debt amid a slump in its economy due to devastating floods.
Islamabad [Pakistan], October 20 (ANI): Pakistani Prime Minister Shehbaz Sharif continues to face global embarrassment over appointing Ishaq Dar as the country's Finance Minister as the Minister had fled Pakistan after an anti-corruption court in Pakistan indicted him in the Panama Papers ca