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PM Shehbaz Sharif has given the go-ahead to his economic team to contact the International Monetary Fund (IMF). His order comes as the new government grapples with fiscally unsustainable fuel subsidies. On Thursday, the Ministry
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Prime Minister Shehbaz Sharif said Thursday that his government could not continue operating ‘langar khanas’ (free food outlets for the poor) in the country. The PM said that the country’s economic situation was worse than
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US State Department spokesperson Ned Price refuted Thursday former Prime Minister Imran Khan's allegations, saying that he agreed with the statements made by the Pakistan Army in a press conference. Ned Price held a regular
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On Wednesday, the World Bank reduced Pakistan’s economic growth rate forecast by almost one per cent for the current fiscal year. The World Bank said the last-ditch energy subsidies by the outgoing government had left
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Prime Minister Shehbaz Sharif visited the Peshawar Mor to Islamabad International Airport Metro Bus project in Islamabad on Thursday. The premier ordered an inquiry on the project. According to details, Sharif was briefed by the
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Chairman Pakistan Tehreek-i-Insaf (PTI) Imran Khan on Wednesday questioned the judiciary to explain why it opened its doors at midnight, hours before Khan was ousted from the prime minister's office. The opposition’s successful no-confidence motion
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On Tuesday, Pentagon Press Secretary John F Kirby said Washington wanted to continue its "healthy" military-to-military ties with Islamabad despite the change in the government. In a press briefing, Kirby congratulated Shehbaz Sharif for becoming
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Sri Lanka announced Tuesday a default on its $51 billion foreign debt. The island nation is grappling with its worst economic crisis and surging protests demanding the government's resignation. Daily electricity blackouts and acute food
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The federal government has asked the Ministry of Interior to renew ex-prime minister Nawaz Sharif's and former finance minister Ishaq Dar's passports. The development came on Tuesday, a day after Prime Minister Shehbaz Sharif was
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The MQM-Pakistan has decided against joining the federal cabinet. The party has decided on extending support to the broad-based Shehbaz Sharif government from the outside. According to media reports, the decision has been conveyed to
