In his resignation, Justice Shah terms 27th Amendment ‘grave assault’ on Constitution Justice Mansoor Ali Shah (L) and Justice Athar Minallah (R). Photo: Files The senior-most judges of the Supreme Court, Justices Mansoor Ali Shah and Athar Minallah, have tendered their resignations following the approval of the 27th Constitutional Amendment by Parliament. In his 13-page…
Army, Air Force, Navy acts amended to create Chief of Defence Forces, new top ranks The National Assembly approved amendments to the Pakistan Army Act, 1952, Pakistan Air Force Act, 1953, and Pakistan Navy Ordinance, 1961, with a majority vote to bring the laws governing the armed forces in line with the 27th Constitutional Amendment….
President Asif Ali Zardari. Photo: PID President Asif Ali Zardari has signed the 27th Constitutional Amendment Bill, which had already been approved by both houses of Parliament. With this signature, the bill has now become part of the Constitution. The Senate approved the 27th Constitutional Amendment bill after a second round of voting on Thursday,…
The budget plans to take on new debt of Rs11 trillion. This will be added to the already crippling level of existing debt, which stands at Rs76 trillion. photo: file LAHORE: Pakistan’s growing foreign debt burden continues to weigh heavily on the national economy, with the country paying billions of dollars annually in interest to…
The proposed tariff hike would have increased the monthly bill of Rs5,095 for fifth slab and Rs9,128 for sixth slab. Photo: File ISLAMABAD: The government is set to give the go-ahead to switch over to a new model of quarterly gas price notifications instead of the current six monthly announcements of tariff revisions. The new…
ICMC 2025 underscores regional integration, Islamic finance innovation and women’s inclusion in capital market reform KARACHI: Pakistan Stock Exchange (PSX) CEO Farrukh H Sabzwari highlighted the Pakistan-China cross-border Exchange-Traded Fund (ETF) initiative as one of the most promising developments in the country’s capital market. “These agreements will enable us to take the next step toward…
Minister of State for Finance Ali Pervaiz Malik. ISLAMABAD: The government of Pakistan, in collaboration with the embassy of France in Pakistan, hosted a webinar titled “Pakistan’s Minerals Economy: Gateway to Growth” to highlight the country’s vast mineral resources and promote investment opportunities for French companies and investors in the mineral and mining sector. The…
Private sector-led initiative strengthens energy infrastructure, signals renewed investment under SIFC reforms ISLAMABAD: The second US crude cargo has landed in Pakistan, opening a new area of cooperation between Pakistan and the United States (US). Pakistan has traditionally imported oil from the Middle East, with Saudi Arabia being the largest crude oil exporter to the…
Delegates attend a peace jirga convened by the Khyber-Pakhtunkhwa government in the provincial assembly in Peshawar. Photo: PPI PESHAWAR: Khyber Pakhtunkhwa’s political and civic leadership on Wednesday urged a politics-free, united approach to tackle terrorism and secure the province’s constitutional and fiscal rights, as a multi-party peace jirga met in Peshawar to map out a…
Police officers walk past the Supreme Court of Pakistan building, in Islamabad, Pakistan April 6, 2022. REUTERS ISLAMABAD: Though the federal government has made the Supreme Court subordinate to the newly established Federal Constitutional Court (FCC), Justice Yahya Afridi has been rewarded with the title of chief justice of Pakistan through a person-specific constitutional amendment….
