Pakistans

Imran Khan admits PML-N government saved Pakistan’s economy from bankruptcy Blogging Sole

by
Imran Khan admits PML-N government saved Pakistan’s economy from bankruptcy Blogging Sole

Imran Khan, former Prime Minister and founder of Tehreek-e-Insaf in Pakistan — PID/File RAWALPINDI: Jailed Pakistan Tehreek-e-Insaf (PTI) founder Imran Khan on Thursday acknowledged that the incumbent Pakistan Muslim League-Nawaz (PML-N)-led government had stabilized the country’s economy which was on the verge of default. “The economy has been stabilized and saved from bankruptcy, but it … Read more

What constitutes a barrier to Pakistan’s adoption of 5G? Blogging Sole

by
What constitutes a barrier to Pakistan’s adoption of 5G? Blogging Sole

People work near the headquarters of the Pakistan Telecommunication Authority (PTA) in Islamabad, August 16, 2024. — AFP KARACHI: The Pakistan Telecommunication Authority (PTA), in its annual report for 2024, said that even with increasing broadband penetration, Pakistan will experience a difficult transition to 5G, News reported Thursday. There are concerns over the financial challenges … Read more

Pakistan’s tax gap stands at over Rs 7 trillion, says FBR chief Blogging Sole

by
Pakistan’s tax gap stands at over Rs 7 trillion, says FBR chief Blogging Sole

Finance Minister Muhammd Aurangzeb (L) attends a press conference alongside FBR Chairman Rashid Mahmood Langrial in Islamabad on December 26, 2024. — Screenshot via Geo News ISLAMABAD: Amid strenuous efforts of Prime Minister Shehbaz Sharif’s government to widen the tax net and increase revenue generation, Federal Board of Revenue (FBR) Chairman Rashid Mahmood Langrial has … Read more

US highlights ‘longstanding policy’ of withholding support for Pakistan’s missile program Blogging Sole

by
US highlights ‘longstanding policy’ of withholding support for Pakistan’s missile program Blogging Sole

U.S. State Department Principal Deputy Spokesperson Vedant Patel speaks during a press briefing on May 30, 2024, in this still from video. — US Department of State/website The United States has said its long-standing policy of refusing to support Pakistan’s long-range ballistic missile program, calling Pakistan an “important partner” that shares the US commitment to … Read more

Pakistan’s consumer confidence index rises 0.8 points to three-year high Blogging Sole

by
Pakistan’s consumer confidence index rises 0.8 points to three-year high Blogging Sole

A man walks with bags of supplies on his shoulder to deliver them to a nearby store at a market in Karachi, June 11, 2024. — Reuters Pakistan’s Consumer Confidence Index (CCI) recorded a gain of +0.8 points, reaching its highest level in three years, according to the December Global Consumer Confidence Index (CCI) Report … Read more

US imposes new sanctions on Pakistan’s missile program Blogging Sole

by
US imposes new sanctions on Pakistan’s missile program Blogging Sole

Pakistani army soldiers stand atop a military vehicle carrying Babur missiles during the Pakistan Day parade in Islamabad, March 23, 2022. — AFP State Department targets four entities with sanctions. The United States says it will continue to act against proliferation. Decision taken in light of the “persistent threat of proliferation”. WASHINGTON: The United States … Read more

Fiscal reforms are key to Pakistan’s debt sustainability Blogging Sole

by
Fiscal reforms are key to Pakistan’s debt sustainability Blogging Sole

People cover up to stay warm during thick early morning fog at the fruit wholesale market on the outskirts of Peshawar, January 9, 2024. — Reuters The debt-to-GDP ratio is expected to gradually decline. External factors, such as the exchange rate, impact debt sustainability. Contingent liabilities remain a significant risk to debt dynamics. ISLAMABAD: The … Read more

ADB approves $330 million for Pakistan’s poverty eradication efforts Blogging Sole

by
ADB approves 0 million for Pakistan’s poverty eradication efforts Blogging Sole

An image of the headquarters of the Asian Development Bank (ADB). — AfDB Website/File ISPDP funding aims to reduce poverty among vulnerable women and families. Additional funding strengthens BISP’s capacity for climate resilience measures. The ADB has committed $52 billion to Pakistan since 1966 for economic development. The Asian Development Bank (ADB) has approved additional … Read more

New coronavirus case emerges in Gilgit-Baltistan, Pakistan’s tally rises to 20 Blogging Sole

by
New coronavirus case emerges in Gilgit-Baltistan, Pakistan’s tally rises to 20 Blogging Sole

The 14-year-old boy, a resident of Skardu, was detained in an isolation center where he tested positive for COVID-19. The second coronavirus case in Gilgit-Baltistan emerged on Wednesday, taking the total number of confirmed cases in Pakistan to 20. The 14-year-old boy, a resident of Skardu, was detained in an isolation center where he tested … Read more

Business titans unite to launch Pakistan’s new airline Blogging Sole

by
Business titans unite to launch Pakistan’s new airline Blogging Sole

An airliner descends to land, January 5, 2022. — Reuters KARACHI: A coalition of leading businessmen has announced the launch of Air Karachi, a new airline aimed at filling the gaps in Pakistan’s commercial aviation sector, News reported. The announcement was made on Thursday by Atif Ikram Sheikh, president of the Federation of Pakistan Chambers … Read more