Pakistan's right-wing party Jamaat-i-Islami (JI) Emir Hafiz Naeemur Rehman issued a stern warning to the government on Saturday, threatening to expand their ongoing sit-in protest in Rawalpindi to other areas of the country if demands regarding increased electricity bills and taxes are not m
Business Monitor International (BMI), part of Fitch Group, has said that there is no likelihood of PTI chairman Imran Khan being released from jail anytime soon.
The Shehbaz Sharif-led Pakistan government unveiled a three-year economic plan, which aims to increase the share of provinces in the federal budget from 39.4 per cent to 48.7 per cent by 2027.
This hefty borrowing, amounting to PKR 7.39 trillion from July 2023 to June 7, 2024, surpasses the government's collective borrowings of PKR 7.16 trillion in the previous two fiscal years (FY23 and FY22).
Amid the row over the federal budget in Pakistan, Pakistan Peoples Party (PPP) Chairman Bilawal Bhutto-Zardari again attacked its coalition partner Pakistan Muslim League-Nawaz (PML-N), for "not consulting" his party for budget, Geo News reported.
The financial planning of Pakistan at a time when the country is grappling with a massive economic crisis, clearly shows that the federal government is "least bothered" with the plight of the people and just wants to take the easy route and enjoy the ride for however long it is in power.
The recent Pakistan Economic Survey for 2023-24 showed a significant increase in the nation's donkey population, reaching 5.9 million, representing a growth of 1.72 per cent from the previous fiscal year.
Amid rising inflation and debt, the Pakistani economy continues to be majorly dependent upon relief packages from international lending organizations like the IMF.
The salaried class in Pakistan has been struggling to make ends meet as inflation is now the biggest issue faced by the general public, there is no choice but to compromise and sometimes cheat to ensure survival.
Ramzan, a resident of Pakistan's Karachi, said that the people of the labour class have to face major issues of survival due to inflation, unemployment, no job security and guarantees.
The government employees of major institutions staged protests at Karachi Port on Friday, which caused a backlog in import and export traffic since containers were left at the port, with no clearance in place, according to ARY News.
Pakistan Muslim League- Nawaz's Rana Sanaullah has extended a reconciliation offer to Pakistan Tehreek-e-Insaf founder Imran Khan and said that both the parties, if together, can steer the nation out of the crisis, according to Geo News.