Islamabad (International Desk) – Pakistan’s total public debt has recorded a significant decline of Rs 430 billion over the past two months, official figures reveal. According to data released by the Ministry of Finance, the major reduction was seen in domestic debt, which dropped by Rs 398 billion, reaching Rs 54.073 trillion by the end…
(International News Desk) The Pakistan Tehreek-e-Insaf (PTI) has demanded that the Khyber Pakhtunkhwa government clearly state its position regarding the recent arrest of party leader Sanam Javed. In a statement, PTI’s provincial president expressed concern over the situation, questioning the safety of party members within the province. “Why are PTI workers not safe in Khyber…
(International News Desk) Pakistan People’s Party (PPP) Senator Palwasha Khan has strongly responded to criticism from government allies, saying that Punjab does not belong to any single political party and that the PPP should not be dragged into internal rivalries. Speaking at a press conference in Islamabad, Senator Khan said, “The federal government, Prime Minister…
Prime Minister Shehbaz Sharif has been conferred an Honorary Doctor of Philosophy in Leadership and Governance by the International Islamic University Malaysia (IIUM) in recognition of his leadership, public service, and contributions to nation-building and Islamic governance. According to Malaysian state news agency Bernama, the honorary degree was presented during a Special Convocation at the…
KARACHI: Gold prices in Pakistan soared to new all-time highs on Monday, mirroring the international surge that pushed the precious metal above $3,900 per ounce, fueled by growing expectations of a US Federal Reserve rate cut and heightened economic and political uncertainty in the United States, France, and Japan. According to the All Pakistan Sarafa…
KARACHI: The Overseas Investors Chamber of Commerce and Industry (OICCI) has urged the Federal Board of Revenue (FBR) leadership to expedite the settlement of long-pending income and sales tax refund claims amounting to Rs96.6 billion, citing adverse effects on the financial liquidity and investment outlook of foreign investors in Pakistan. In a letter addressed to…
ISLAMABAD: Prime Minister Muhammad Shehbaz Sharif on Monday welcomed Bloomberg’s recent positive report on Pakistan’s economy, saying that the notable decrease in the price of Pakistan’s Credit Default Swap (CDS) reflected a consistent increase in global investors’ confidence in the country’s economic outlook. According to the report, there has been a significant reduction of 2,200…
ISLAMABAD: The International Monetary Fund (IMF) has once again raised the issue of imposing additional taxes on fertiliser and introducing an excise duty on the use of pesticides to partly offset a shortfall in the annual tax target, which the government has requested to defer until next year. The global lender has asked the government…
ISLAMABAD: “Wow wow,” filmmaker Jawad Sharif reacted as his film ‘Moklani – The Last Mohanas’ won Pakistan’s first-ever Jackson Wild Media Award in the United States last week – an honour often dubbed the ‘Nature Oscars’. In an Instagram post announcing the win, Sharif dedicated “this award to the Mohana fisherfolk, to Pakistan, and to…
KARACHI: Mahira Khan, one of Pakistan’s most prominent actors, has penned an emotional reflection on Karachi – her beloved yet burdened hometown – expressing both sorrow and affection for the metropolis that continues to crumble under civic neglect. In a moving Instagram post, Mahira shared photographs from the city’s less-seen neighbourhoods, alongside a message that…
