The IMF’s $2.75 billion boosts the SBP’s foreign exchange reserves to new highs.
KARACHI: The State Bank of Pakistan (SBP) has received $2.75 billion in Special Drawing Rights (SDRs) from the International Monetary Fund (IMF), bringing the central bank’s foreign exchange holdings to an all-time high of $20.14 billion. The central bank’s foreign currency reserves on August 27 were $20,145.6 million, according toContinue Reading
Funeral prayers for Kashmiri politician Syed Ali Geelani were performed in his absence at Faisal Mosque.
ISLAMABAD: In-absentia funeral prayers were given at the Faisal Mosque in Islamabad on Friday for Syed Ali Geelani, the leader of the Kashmiri independence movement. President Arif Alvi, federal ministers, lawmakers, other government officials, and hundreds of others delivered funeral prayers. Moeed Yusuf, the National Security Adviser, Lt Gen FaizContinue Reading
PM Imran Khan said China is a role model for developing countries when it comes to poverty reduction.
ISLAMABAD: Food security and improved nutrition are significant issues for developing nations, Prime Minister Imran Khan said on Friday, adding that China’s revolutionary Juncao technology may help with poverty reduction and long-term growth. “Such innovative, affordable, and environmentally friendly technologies may help catalyse our progress toward achieving the first twoContinue Reading
In the midst of the changing Afghanistan crisis, a delegation of parliamentary committees receives a briefing from the military.
On Monday, delegations from three parliamentary committees were briefed on the country’s security situation, particularly the situation at the borders and the army’s attempts to maintain peace and stability. Members of the Senate and National Assembly’s Kashmir and defence committees were among those who visited the GHQ, according to aContinue Reading
Cynthia Richie, a blogger from the United States, is said to have joined PTV.
Cynthia D Richie, an American journalist residing in Pakistan, is said to have joined Pakistan Television (PTV), according to a statement released by the state broadcaster on Monday. Cynthia Richie, a filmmaker and writer, has joined PTV and will be a member of PTV World in the future, according toContinue Reading
The Supreme Court has asked the National Bureau of Investigation to explain why a businessman was detained on court grounds.
ISLAMABAD: Pakistan’s Acting Chief Justice, Umar Ata Bandial, has taken note of the arrest of a private company’s CEO, Saif-ur-Rehman, from the Supreme Court’s premises in the Mudaraba fraud case, and has requested clarification from the National Accountability Bureau (NAB). The National Accountability Bureau (NAB) detained Saif-ur-Rehman in the MudarabaContinue Reading
Pakistan has not taken in a single refugee so yet, according to the interior ministry.
ISLAMABAD – Federal Interior Minister Sheikh Rasheed Ahmed claimed on Monday that Pakistan has yet to grant refugee status to a single Afghan. “As your [the] interior minister, I can confirm that we have not awarded the status of a refugee to even a single person,” he said at aContinue Reading
In Lahore, young doctors continue to protest against the NLE test.
LAHORE, Pakistan — Young physicians resumed their protest against the National Licensing Examination (NLE) outside the Examination Center opposite Sapphire Hall in Lahore’s Barkat Market on Sunday. According to reports, police have surrounded the area and deployed pepper spray to disperse the demonstrators. House offices from other hospitals have alsoContinue Reading
Tareen group MPA was arrested for harassing a lady.
LAHORE – Police have filed a harassment complaint against Tareen group MPA Khurram Laghari. According to the information, the case No. 777/21 was filed on Amna Yaqub’s complaint under the laws of breaking into a dwelling, aerial shooting, and issuing death threats. Plaintiff Amna Yaqub claims in the FIR thatContinue Reading
Read the PTI government’s full three-year performance report.
SLAMABAD, Pakistan – The administration released the three-year performance report on Thursday, emphasising major achievements in a voyage of economic stability and many development initiatives. Fawad Chaudhry, Federal Minister for Information and Broadcasting, delivered the report to Prime Minister Narendra Modi at an event at the Convention Centre. The PerformanceContinue Reading