The Islamabad police on Sunday said that 564 people have been detained for violence after Pakistan Tehreek-e-Insaf (PTI) chairman Imran Khan's arrest and more arrests are being made, Dawn reported. It said that government property worth Pakistani rupees (PKR) 25 crores was damaged during the
The participants at the events raised the demand for fixing the minimum wage at Pakistani Rupees (PKR) 50,000 per month, an increase in workers' salaries keeping in view the inflation, doubling the pension and withdrawing all recent increases in the tariffs of water, electricity and petroleu
Pakistan's state-owned entities together received over Pakistani Rupees (PKR) 458 billion in public funds to stay afloat as their combined loans and guarantees increased to almost 10 per cent of GDP PKR 5.4 trillion in FY21.
According to the notification issued by OGRA, the LPG price was increased to Pakistani Rupees (PKR) 10 per kilogram. The new price of LPG has been fixed at PKR 229, as per the ARY News report.
As Pakistan's economy continue to deteriorate with every passing day, its effect is seen in the country's provinces like Khyber Pakhtunkhwa and Balochistan where people are already living miserable lives due to lack of basic amenities and rise in terrorism.
They claimed that the highly influential businessmen were paying Pakistani Rupees (PKR) 75,000 to 1,00,000 per vehicle as bribes to district food officials, administration and police to move their wheat-loaded heavy vehicles to Afghanistan.
Amid the depreciating value of the Pakistani Rupee and shortage of foreign exchange reserves, Pakistan faces a critical shortage of live-saving drugs, Pakistan based The News International reported citing local media.
The Finance Division, in its fortnight bulletin, attributed the price hike to the depreciation of the Pakistani rupee against the US dollar and an increase in the prices registered by Platts Singapore, according to Geo News.
Meanwhile, domestic debt rose to PKR 34.3 trillion by January end, 3.4 per cent higher than a month ago and around 25 per cent higher than the year-ago figure.
The gap between the Pakistani rupee's value in the interbank and open markets is rising again, creating a black market where the dollar is being traded at a much higher price, the Dawn reported.
According to Dawn, the belt-tightening comes as the government is trying to resume a stalled loan programme of the International Monetary Fund (IMF) to secure funds worth USD 1 billion. The premier said an agreement with the Fund was in its final stages.
Officials of the committee for Afghani Promotion said that the usage of foreign currency has been banned in this province and will deal legally with violators.