ISLAMABAD — Pakistan has submitted a formal action plan to the International Monetary Fund addressing concerns over the appointment process for the Chairman of the National Accountability Bureau, as Islamabad works to satisfy IMF conditions ahead of a critical programme review.According to government sources, Pakistan has informed the IMF that the existing mechanism for appointing…
ISLAMABAD — Cracks within Pakistan Tehreek-e-Insaf widened once again as Member of National Assembly Shandana Gulzar issued a sharp and thinly veiled response to Aleema Khan’s recent interview, posting a pointed message in the party’s WhatsApp group without directly naming anyone.In her message, Gulzar stated that she was witnessing statements driven by grief, old age,…
TEHRAN — Iranian President Masoud Pezeshkian has accused global powers of aligning against Iran in a calculated effort to force the country into submission, vowing that Tehran will never bow to pressure regardless of the challenges it faces.Addressing the nation, President Pezeshkian declared that despite mounting difficulties and external pressures, Iran would stand firm against…
KYIV — Russia launched one of its most intense aerial attacks on Ukraine, firing 50 ballistic missiles and 297 drones in a coordinated strike that caused widespread destruction across multiple cities. Residential buildings, critical infrastructure, and government facilities were among the targets, with authorities warning of significant casualties.Ukrainian officials reported that explosions triggered fires at…
By Muhammad Shahzad | Lahore, PakistanLAHORE: The Pakistan Industrial and Traders Associations Front (PIAF) has expressed grave concern over the sharp decline in non-textile exports and the simultaneous surge in food imports, terming the latest trade data a reflection of deep-rooted structural weaknesses in Pakistan’s export and agricultural sectors.Citing figures released by the Pakistan Bureau…
By Farzana Chaudhry | Lahore, PakistanSWAT: The scenic tourist destination of Malam Jabba, surrounded by snow-covered mountains and breathtaking natural beauty, has once again become a major attraction for visitors during the holy month of Ramadan.Recent snowfall has blanketed the area in white, further enhancing its charm and drawing a large number of tourists from…
By Farzana Chaudhry | Lahore, PakistanLAHORE: Provincial Minister for Housing Bilal Yasin held an open court in his constituency, where he listened to public complaints and issued directives for their immediate resolution.Residents and party workers apprised the minister of various civic and development-related issues. Bilal Yasin directed party workers to ensure the distribution of ration…
By Dr. Ansab Ali | Lahore, PakistanLAHORE: The All Pakistan Business Forum (APBF) has underscored the need for a balanced credit flow to support private sector investment amid rising government borrowing from commercial banks.APBF President Syed Maaz Mahmood stated that while government borrowing is necessary to meet fiscal requirements, adequate liquidity must remain available for…
Muhammad Shahzad | Lahore, PakistanLAHORE: The Pakistan Furniture Council (PFC) has voiced concern that recent energy tariff relief measures, introduced to enhance industrial competitiveness, are not delivering meaningful benefits for a significant segment of the industrial sector, including furniture manufacturing.While the government’s incremental package reduced electricity tariffs by Rs4.04 per unit for industrial consumers, PFC…
By Farzana Chaudhry | Lahore, PakistanLAHORE: The Businessmen Panel (BMP) of the Federation of Pakistan Chambers of Commerce and Industry has cast serious doubts over the government’s ability to achieve the 3.2 per cent growth target projected under the International Monetary Fund programme, warning that worsening poverty indicators, declining investment, falling exports and record government…
