External Affairs Minister S Jaishankar will lead a delegation to Pakistan for the Shanghai Cooperation Organisation (SCO) summit which will be held in Islamabad on October 15 and 16, a government spokesperson said on Friday. The visit will mark the first high-level visit from India to Pakistan in about five years. “EAM Jaishankar will lead […]
Pakistan staged a determined fightback to beat Sri Lanka by 31 runs in their opening game of the Women’s T20 World Cup campaign in Sharjah on Thursday. Left-arm spinner Sadia Iqbal claimed three wickets with Nashra Sandhu, Omaima Sohail and captain Fatima Sana all taking two each for Pakistan as Asia Cup champions Sri Lanka […]
Pakistan’s consumer price index (CPI) in September clocked in at 6.9 per cent year-on-year (YoY), data from the Pakistan Bureau of Statistics (PBS) showed on Tuesday, which is well within the central bank’s target of 5 to 7pc for next year. The State Bank of Pakistan (SBP) had held off on aggressive monetary easing in […]
Finance Minister Muhammad Aurangzeb has said that the number of tax filers in Pakistan has doubled over the past year, with 723,000 new individuals added to the tax net. Speaking at a press conference in Islamabad, the minister confirmed that the total number of tax filers in the country has risen from 1.6 million to […]
Gold prices in Pakistan declined on Saturday in line with their decrease in international rates. In the local market, the price of gold per tola was lessened by Rs700, clocking in at Rs276,000. Similarly, 10-gram gold was sold at Rs236,625 after it recorded a decrease of Rs601, according to rates shared by the All-Pakistan Gems […]
The International Monetary Fund’s (IMF) Executive Board on Wednesday approved a $7 billion Extended Fund Facility (EFF) for Pakistan, which Prime Minister Shehbaz Sharif hopes would be the country’s last. Pakistan and the IMF reached an agreement on the 37-month loan programme in July this year. The breakthrough was achieved in the aftermath of getting […]
A 44-year-old man, hailing from the Gujarat district in Punjab, has tested positive for monkeypox virus or mpox after arriving in Pakistan from a gulf state marking the seventh mpox case in the country this year and the sixth since the World Health Organisation (WHO) declared an emergency last month. After being suspected of carrying […]
ISLAMABAD: Finance Minister Muhammad Aurangzeb and Planning Minister Ahsan Iqbal raised objections to the formation of a National Digital Commission and the Pakistan Digital Authority, instead called for using the current available infrastructure and taking advantage of innovation in the scientific field. The ministers along with Minister of State for Information Technology (IT) Shaza Fatima […]
ISLAMABAD: The government on Wednesday withdrew a proposal to establish a new Export Processing Zone (EPZ) in Balochistan, complying with a condition set by the International Monetary Fund (IMF), highlighting the global lender’s growing influence over the country’s economic decision-making. The Ministry of Industry and Production had initially pushed for the creation of the EPZ […]
KARACHI: Visa plans to increase the number of businesses accepting digital payments in Pakistan tenfold over the next three years, the payments giant’s general manager for Pakistan, North Africa and Levant told Reuters. The comments from Leila Serhan came as Visa announced a strategic partnership with 1Link, Pakistan’s largest payment service provider, aimed at streamlining […]
