Pakistan’s Caretaker Finance Minister, Dr. Shamshad Akhtar, has revealed that most state-owned enterprises (SOEs) in the country are failing to provide services, resulting in annual […]
Pakistan
General elections to take place in last week of January: ECP
The Election Commission of Pakistan (ECP) has announced that the general elections in the country will take place in the last week of January 2024. […]
IMF Expresses Concern Over Rising Petroleum Smuggling in Pakistan
The documents also reveal that the rampant smuggling of petroleum products has resulted in a revenue shortfall of over 10 billion rupees in customs and excise duties. This substantial loss in revenue has prompted the IMF to voice concerns that the surge in fuel smuggling will lead to a reduction in regional revenue collection and potentially impact Pakistan’s fiscal targets.
Pakistan’s Foreign Office Spokesperson Addresses Multiple Issues in Media Briefing
Zehra began by expressing deep concern over India’s alleged involvement in target killings in Canada. She pointed out that in June 2021, Indian intelligence officer Kulbhushan Jadhav was apprehended in Pakistan and confessed to being involved in terrorist activities. Zehra emphasized that there has been no change in Kulbhushan Jadhav’s status, and Pakistan remains committed to bringing those involved in acts of terrorism in Pakistan to justice.
Valuable Ring Stolen from Prominent Pakistani Politician’s Daughter-in-law
The alleged theft was reported at the Kohsar police station, where Samer Haroon Balour filed a complaint, claiming that her late husband, Haroon Bashir Balour, had gifted her a four-carat diamond ring. She stated that she had worn the ring during an event but later realized it was missing when she returned home.
Data Breach Exposes Personal Information of Over 2 Million Pakistanis
The hackers not only breached the system but also advertised the sale of this sensitive data online. Geo News managed to obtain images uploaded by the hackers, which contained samples of personal data from several Pakistani citizens. Among the data exposed were citizens’ credit card numbers and mobile phone numbers.
Asian development bank optimistic about Pakistan’s economic prospects.
The Asian Development Bank (ADB) has expressed optimism regarding the economic outlook of Pakistan, emphasizing that the ongoing reform program and the smooth conduct of […]
Islamabad session court delays verdict on PTI chairman and sheikh Rashid’s bail petitions in long march vandalism Case.
The Islamabad Session Court has postponed its decision regarding the bail petitions of PTI Chairman and former Interior Minister, Sheikh Rashid, in the case related […]
Pakistan Faces Rising Electricity Costs Due to Depreciating Currency
Langrial pointed out that this has resulted in the cost of capacity payments per unit (known as capacity payment per megawatt) surging from PKR 10 per unit to PKR 19 per unit. This increase has a substantial effect on the overall electricity tariffs in Pakistan.