ISLAMABAD: Pakistan’s central bank Governor, Jameel Ahmad, announced on Wednesday that inflation might surge in the coming months due to budgetary measures, rising energy prices, and the ongoing situation in the Middle East. However, he assured that the foreign debt repayment crisis is now over. He further stated that Pakistan’s foreign exchange reserves cover remains below the minimum threshold, standing …
ISLAMABAD: The Pakistani government has decided to review and terminate agreements with 15 Independent Power Producers (IPPs) to provide relief to the public burdened by high electricity costs, sources said on Thursday. In efforts led by Energy Minister Awais Leghari, a task force has finalised the framework to address the issue. The government plans to immediately end contracts with six …
ISLAMABAD: Prime Minister Shehbaz Sharif on Thursday said that the coalition government and the national institutions were in “unprecedented harmony and cooperation” to serve the national interests and steer the country out of prevailing challenges. The prime minister, while addressing the Ulema and Mashaikh Conference in Islamabad, said that the country never needed unity and national harmony more, and he …
ISLAMABAD: Chief of Army Staff (COAS) General Asim Munir on Thursday warned that social media was being used as a tool to spread “anarchy”, following the military’s recent statements condemning the proliferation of propaganda and false information targeting the security forces online. Over the past couple of years, social media campaigns against the army have escalated, reflecting broader tensions within …
ISLAMABAD: US State Department spokesperson Matthew Miller on Thursday said Washington hasn’t held “any discussions” with Islamabad about Pakistani national Asif Merchant’s indictment over his alleged involvement in an Iranian plot to assassinate US politicians and government officials. Merchant, 46, sought to recruit people in the United States to carry out the plot in retaliation for the US killing of Iran’s Revolutionary Guards’ …
ISLAMABAD: Federal Minister for Information Attaullah Tarar said on Wednesday that parliament, which is the supreme institution, has converted a rule into a law to stop floor crossing, as envisaged in the Constitution. Speaking at a presser, he said PML-N’s Bilal Azhar Kayani had presented the Elections Act (2nd Amendment) Bill in the National Assembly, whereas Senator Talal Chaudhry moved it in the Senate. …
ISLAMABAD: Former Federal Minister Fawad Chaudhry on Wednesday asked the Election Commission of Pakistan (ECP) to take meaningful actions to get its prestige restored. Appearing before a four-member bench of the ECP, headed by Member from Sindh Nisar Ahmed Durrani, in contempt of ECP and Chief Election Commissioner against him and PTI founder Imran Khan, he said respect is drawn …
RAWALPINDI: Imran Khan, the founder of Pakistan Tehreek-e-Insaf (PTI), has offered a conditional apology for the widespread protests and violence that occurred on May 9, 2023. He called for the release of CCTV footage to verify the involvement of PTI members in the incidents. “If any PTI members are found guilty of participating in the events of May 9, I …
ISLAMABAD: The federal government has appointed Rashid Mahmood Langrial, the Federal Secretary for Energy, as the new chairman of the Federal Board of Revenue (FBR). The government issued a notification for Langrial’s appointment on Wednesday. A Grade 21 officer, Langrial was previously serving as Secretary of the Power Division. Sources had earlier indicated that the government was finalising the appointment …
GUJRANWALA: Pakistan Tehreek-e-Insaf’s (PTI) ex-MNA Aliya Hamza was released from Gujranwala Jail on Wednesday after her release orders were submitted earlier in the day. Hamza departed the jail with her family as her lawyer confirmed her release. The Lahore High Court (LHC) had ordered law enforcement agencies not to arrest Aliyah Hamza, in any new cases without the court’s permission …