Current account deficit to decrease gradually, says Reza Baqir

Current account deficit to decrease gradually, says Reza Baqir

Governor State Bank of Pakistan (SBP) Dr Reza Baqir said Thursday that the Central Bank would "pause" its interest rate hikes to ensure economic recovery after surging the policy rate by 275 basis points. Baqir

Fawad warns of the impending gas crisis in Pakistan

Fawad warns of the impending gas crisis in Pakistan

On Tuesday, Information Minister Fawad Chaudhry said in categorical terms that "Pakistan will have no gas in the next few years". Chaudhry warned of an impending gas crisis in Pakistan, saying the resource was diminishing

PM Khan warns against isolating Afghanistan

PM Khan warns against isolating Afghanistan

On Wednesday, Prime Minister Imran Khan urged the international community to stand with the "vulnerable people of Afghanistan". The premier said disengaging with the war-torn country would be "disadvantageous" for the global fraternity. As per

PM for constructing modern city near Lahore: SAPM Gill

PM for constructing modern city near Lahore: SAPM Gill

On Wednesday, Special Assistant to the Prime Minister on Political Communication, Dr Shahbaz Gill, said that the Prime Minister had decided to build a new modern city near Lahore. Detailing some of the features of

Govt slashes petrol, diesel prices

Govt slashes petrol, diesel prices

On Wednesday, the government announced a cut in the high-speed diesel and petrol prices by Rs5 per litre - a step to relieve the masses. Before the announcement was made, experts expected the government to

Importing LNG won’t solve the gas crisis: Hammad

Importing LNG won’t solve the gas crisis: Hammad

Federal Minister for Energy Hamad Azhar claimed Tuesday that gas shortage had nothing to do with importing liquefied natural gas (LNG). He refuted the claims made by several media outlets that the government had delayed

NCOC shifts school winter vacations to January

NCOC shifts school winter vacations to January

On Wednesday, the National Command and Operations Centre (NCOC) decided to shift school winter vacations to January 2022. According to various media reports, the NCOC's step was backed by all provinces as they agreed to

Wajih claims Tareen used to fund Imran Khan’s household expenditures

Wajih claims Tareen used to fund Imran Khan’s household expenditures

Justice (r) Wajihuddin Ahmed, a former PTI member, claimed Monday that people like Jahangir Tareen used to fund Imran Khan's household expenses when Khan used to be in the Opposition. Ahmed resigned from PTI five

Bilawal backs Sindh local govt amendment bill

Bilawal backs Sindh local govt amendment bill

On Monday, Chairman Pakistan Peoples Party (PPP) Bilawal Bhutto-Zardari said the Sindh Local Government (Amendment) Bill 2021 was the best amongst all provinces. Taking an apparent dig at the Muttahida Qaumi Movement (MQM), he said

Pakistan for broad-based ties with the US: Qureshi

Pakistan for broad-based ties with the US: Qureshi

On Tuesday, Foreign Minister Shah Mahmood Qureshi reiterated Pakistan's stance of seeking a broad-based relationship with the US focusing on "trade not aid". He said Pakistan had changed its priorities from "geopolitics to geoeconomics". The