ISLAMABAD: Pakistan and China have reached a deal for a $700 million commercial loan, reviving prospects for a total of $2 billion injection from the friendly country — a move that might temporarily stabilise the extremely thin foreign currency reserves until the International Monetary Fund (IMF) money started pouring in. The development came days before […]
LAHORE: Pakistan Tehreek-e-Insaf (PTI) stalwarts Shah Mahmood Qureshi and Asad Umar have volunteered to court arrest in Lahore on Wednesday (today) to formally kick-start the party’s “Jail Bharo Tehreek” from the country’s political heartland. The ‘court arrest’ drive is being launched in protest over “violations of the fundamental rights”, “abuse of the Constitution”, “unprecedented inflation” […]
ISLAMABAD: Minister of State for Finance Ayesha Ghaus Pasha has said that economic stability will be restored in the country very soon as Pakistan has taken all the necessary steps as per the request of the International Monetary Fund (IMF). “Pakistan has a strategy to get out of economic problems, so Pakistan should not default, […]
LAHORE/ISLAMABAD: PTI Senior Vice President Fawad Chaudhry has said that a new leader of the opposition in the National Assembly from his party should be notified before the selection of new chairman of the National Accountability Bureau (NAB). Fawad insisted that since the Lahore High Court (LHC) has suspended the notification of PTI lawmakers, the […]
ISLAMABAD: The Supreme Court on Tuesday inquired how a citizen could challenge a law passed by parliament in the apex court while hearing a case pertaining to amendments in the National Accountability Ordinance (NAO). A three-member bench led by Chief Justice of Pakistan Umar Ata Bandial took up the petition filed by PTI Chairman and […]
ISLAMABAD: An accountability court in Islamabad on Tuesday cancelled the non-bailable arrest warrant issued earlier in the day for former prime minister and Pakistan Muslim League-Nawaz (PML-N) leader Shahid Khaqan Abbasi and others in the liquefied natural gas (LNG) reference. Judge Nasir Javed Rana had issued the directives after the former prime minister failed to […]
VILNIUS: Foreign Minister Bilawal Bhutto Zardari on Tuesday met his Lithuanian counterpart Gabrielius Landsbergis and held talks on expanding bilateral cooperation in the areas of trade, investment and education. The two foreign ministers, who exchanged views on regional and international issues, also signed an agreement regarding the establishment of a bilateral consultative mechanism on this […]
ISLAMABAD: The Senate Standing Committee on Railways has expressed displeasure with the snail-paced implementation of the ML-1 project, noting the delay’s potential consequences for the railways system. During a session of the panel on Tuesday, Deputy Chairman Senate Mirza Muhammad Afridi directed Pakistan Railways to complete the rehabilitation work of the ML-I track at the […]