Government bans double pension at the request of the IMF and the World Bank Blogging Sole

Government bans double pension at the request of the IMF and the World Bank

 Blogging Sole

A woman wearing a mask counts rupee notes as she walks on a street in Islamabad, April 9, 2020. — AFP Pension reforms are needed amid growing future obligations. Center, the provinces’ liability on the pension bill is close to Rs40-45tr. Retirement emoluments to be calculated 24 months before retirement. ISLAMABAD: In line with the … Read more

KP Police baton charge and tear gas against local government workers Blogging Sole

KP Police baton charge and tear gas against local government workers

 Blogging Sole

Listen to the article Khyber-Pakhtunkhwa (KP) local government workers staged a protest in front of the KP Assembly building, demanding release of municipal funds which have not been provided by the provincial government. But the protest became tense when police used baton blows and tear gas to disperse protesters, according to Express News. The protesting … Read more

Government approves sale of 15% stake in Reko Diq worth Rs150 billion to Saudi Arabia Blogging Sole

Government approves sale of 15% stake in Reko Diq worth Rs150 billion to Saudi Arabia

 Blogging Sole

An aerial view of the Reko Diq mine in Balochistan. —Reuters/File Saudi Arabia will acquire 15% of the capital in two phases. A first tranche of $330 million will soon be transferred. Reko Diq has 5.9 billion tonnes of copper-gold ore reserves. ISLAMABAD: The government has approved the sale of 15% stake in the Reko … Read more

Defense Minister questions PTI’s sincerity in negotiations with government Blogging Sole

Defense Minister questions PTI’s sincerity in negotiations with government

 Blogging Sole

Defense Minister Khawaja Asif on Monday expressed doubts over the sincerity of the Pakistan Tehreek-e-Insaf (PTI) in the upcoming negotiations with the coalition government, questioning the party’s abrupt change in approach. Speaking to a private news channel on Monday, he described the PTI’s push for dialogue as a “complete turnaround.” “I repeatedly ask what happened … Read more