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Govt takes ‘glass half full’ approach as crises loom

Govt takes ‘glass half full’ approach as crises loom

Pakistan was not on the verge of defaulting On Thursday, the nation’s economic administrators reiterated their promises that Pakistan was not on the verge of defaulting, the currency had stabilised (despite falling 0.83%), and the…

Industry leaders lash out at govt for failing to cut economic challenges

Industry leaders lash out at govt for failing to cut economic challenges

The top leadership of Businessman Group (BMG) has disputed the FPCCI chief’s warning that Pakistan is on the verge of a catastrophe like that in Sri Lanka, which appears to have created some form of…

Pakistan seeks Washington’s support for reviving economy

Pakistan seeks Washington’s support for reviving economy

Tariq Fatemi, the special assistant to the prime minister, said on Thursday that Pakistan sees the US as a “essential partner in its attempts to resuscitate” the nation’s struggling economy.  75th anniversary of diplomatic relations…

Five reach summit as K2 claims one life

Five reach summit as K2 claims one life

A French mountaineer is waiting for help at K2 base camp A French mountaineer is waiting for help at K2 base camp after experiencing high-altitude sickness, while an Afghan climber who was attempting to summit…

Miftah predicts economy stabilising with inflows ‘up next’

Miftah predicts economy stabilising with inflows ‘up next’

Pakistan’s economic managers attempted to reassure investors on Wednesday that macroeconomic fundamentals were stabilising and that $8.5–10 billion inflows had been lined up from friendly countries to cover a financing gap of $4 billion, as…

IMF not adding fresh conditions to pact: Ahsan Iqbal

IMF not adding fresh conditions to pact: Ahsan Iqbal

Ahsan Iqbal, the federal minister for planning and development, stated on Wednesday that the staff-level agreement the IMF reached with Pakistan last week does not include any additional terms.  The Fund was “assessing Saudi Arabia’s…

Businessmen warn of Sri Lanka-like condition

Businessmen warn of Sri Lanka-like condition

The dollar reached an all-time high of Rs224.92 versus the rupee Leading businesses got together at the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) to discuss the impending danger of an economic emergency…

PIA lessens fares for international flights

PIA lessens fares for international flights

Pakistan International Airlines (PIA) has lowered the cost of its international flights Pakistan International Airlines (PIA) has lowered the cost of its international flights in response to the government’s initiatives to lower the price of…

FO Rejects Gill’s Claims That Imran Was Kept In Dark About Cypher

FO Rejects Gill’s Claims That Imran Was Kept In Dark About Cypher

PTI Lawmaker Shahbaz Gill According to PTI lawmaker Shahbaz Gill, the cypher obtained from the Pakistani embassy in Washington was first kept a secret from then-prime minister Imran Khan and then-foreign minister Shah Mahmood Qureshi.…

Sri Lanka Begins Vote To Replace Fleeing President 

Sri Lanka Begins Vote To Replace Fleeing President 

Sri Lankan Parliamentarians Elected On Wednesday, Sri Lankan parliamentarians elected acting President Ranil Wickremesinghe to be their new leader in the hopes that he would help the island nation out of a dire economic and…

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