Search For "islamabad"
Pakistan: IMF restraints hopes of early deal, foreign banks reluctant due
Updated : 2 years, 11 months ago IST
In a statement, Nathan Porter, IMF Mission Chief to Pakistan, said that the IMF "looks forward to obtaining the necessary financing assurances as soon as possible to pave the way for the successful completion of the 9th Extended Fund Facility (EFF) review".
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Pakistan: Toxic politics and its effects on economy
Updated : 2 years, 11 months ago IST
An unprecedented economic slowdown is set to haunt Pakistan's future from the very near term onwards. Over the past 18 months, domestic interest rates have raced by 14 per cent to the present 21 per cent, setting the course for suppressed borrowing by the mainstream, The News.com reported.
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Islamabad HC seeks reply from Pak Navy over 'missing' naval officer
Updated : 2 years, 11 months ago IST
The Islamabad High Court (IHC) has sought a reply from the country's naval authorities and the Margalla police station on a petition seeking the recovery of a 'missing' naval officer.
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Economic, political tension worsens poverty in Pakistan: Report
Updated : 2 years, 11 months ago IST
The report says Pakistan's economy is under stress with low foreign reserves and high inflation. Activity has fallen with policy tightening, flood impacts, import controls, increased borrowing and fuel costs, low confidence, protracted policy and political uncertainty. Despite some projected
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Pakistan minister dies in road accident in Islamabad
Updated : 2 years, 11 months ago IST
As per the local police, the minister (55) was heading towards Secretariat Chowk on Saturday evening on Constitution Avenue road when his vehicle was hit by a Hilux vehicle with five passengers on board.
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IMF seeks more Pak assurances before releasing bailout package
Updated : 2 years, 11 months ago IST
The International Monetary Fund (IMF) has "welcomed" Pakistan's confirmation of having secured crucial bilateral support from key partners and said it looked forward to receiving further "financing assurances as soon as possible", which would help conclude the much-delayed ninth review of a
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Pakistan's inflation to rise to 29.5pc in FY23: World Bank
Updated : 2 years, 11 months ago IST
The World Bank has warned that Pakistan's inflation is projected to further rise to 29.5 per cent in the fiscal year 2023 due to higher energy and food prices and the weaker Rupee, Dawn reported.
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Pakistan's economic misery aiding terrorism and religious fanaticism
Updated : 2 years, 11 months ago IST
About 40 per cent of the people are below the poverty line in Pakistan. Poverty is the most fertile breeding ground for terrorism as evidenced in the country. Many of the misled suicide bombers who offered their services to the Jihadi organizations were prompted to do so due to frustration,
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Childrens face the brunt of deadly landmines scattered across Af-Pak borde
Updated : 2 years, 11 months ago IST
Activists claim that the regions were not cleared of the land mines after these operations. But the government is not ready to accept these land mines exist at all, anti-war activist Alamzeb Khan told DW.
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Pashtuns seek world's attention to address their untold sufferings in Paki
Updated : 2 years, 11 months ago IST
Pashtun civilians are deliberately mislabelled, harassed, and used as a political tool by Islamabad in order for the country to earn international praise for supposedly combating terrorism.
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Pakistanis in Europe face consequences of Anti-West protests back home
Updated : 2 years, 11 months ago IST
Frequent street protests have taken place in the recent past against perceived Islamophobia which is vehemently debated and resolutions have been passed. In one such protest against France, the government was asked to expel the French ambassador and cut off trade ties. France and Sweden are
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Sweden shuts down embassy in Islamabad for security reasons
Updated : 2 years, 11 months ago IST
In the statement, the embassy said, "The Migration Section is not, at the moment, able to handle requests of any kind. Also, we cannot send any documents to our consulates, Gerry's, Sweden or your home address. We understand that this will cause inconvenience however, the safety of our appli
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