Category: Pakistan

Chief Justice Faez Isa made it clear that if anyone refuses to appear before the commission, they could be subject to arrest. Asad Alam inquired whether former ISI DG, Chief Justice, or Prime Minister could be summoned. Justice Athar Minallah advised against tasks that involve using the power of initiating suo-motu notices, which had been misused in the past. He suggested refraining from actions that had been exercised using self-initiated notices in the past.

Nathen Porter acknowledged the government’s persistent efforts to fulfill the three-month targets of the program, recognizing Pakistan’s endeavors in meeting these objectives. He commended the positive outcomes achieved at the technical level as a result of the collaborative efforts between both teams. Porter highlighted that extensive discussions had taken place on various aspects of the SBA, providing comprehensive oversight.

The IMF Managing Director, Kristalina Georgieva, emphasized the importance of tax collection in Pakistan, labeling it as the most critical issue. She urged the Pakistani government to increase its tax revenue, suggesting that a minimum of 15% of the Gross Domestic Product (GDP) should be collected to sustain economic activities.

Solangi’s gold holdings are valued at Rs. 70,000, and he owns a car valued at Rs. 1.2 million. His cash holdings include Rs. 189,300, and his wife holds Rs. 269,300 in cash. Furthermore, Solangi has Rs. 319,000 in bank accounts and furniture valued at Rs. 1 million.

During the briefing, Finance Minister Shaukat Tarin informed that negotiations with the International Monetary Fund have reached the staff level, and it is expected that the IMF’s Executive Board will soon grant approval.

In a significant milestone, the Pakistan Stock Exchange (PSX) surpassed the 57,000 mark during early intraday trading on Thursday, buoyed by the positive impact of […]

The Federal Investigative Agency (FIA) took decisive action at Multan International Airport, offloading a 16-member family allegedly bound for Saudi Arabia for begging purposes. The […]

Reports suggest that the UAE Ambassador and the IMF Mission Chief deliberated extensively on matters related to bridging Pakistan’s external financing gap. The meeting aimed at exchanging insights and exploring potential strategies to ensure the successful fulfillment of the financial requirements outlined by the IMF.

The tragic event prompted immediate action from the Punjab Chief Minister, Sardar Usman Buzdar, who has sought a detailed report on the killings from the Inspector General (IG) of Police in Gujranwala. Expressing deep concern over the incident, the Chief Minister emphasized the need for swift and decisive action to apprehend the perpetrators.