Tag: Pakistan crisis

NEW DELHI: The price of eggs in inflation-hit Pakistan's provincial capital of Lahore has skyrocketed to 400 Pakistani Rupees (PKR) per dozen, according to market sources cited by ARY News.The steep increase in prices comes as the local administration failed to enforce the government rate list, leading to soaring ...

Islamabad: Unable to meet its forex requirements, Pakistan's capital Islamabad is selling its public assets to third countries. Islamabad leased four of its berths 6-9 at Karachi Port's East Wharf to a UAE-based company for USD 220 million. Under the term of the 50-year concession agreement, the newly created ...

NEW DELHI: Pakistan's ongoing economic crisis has yet again dampened Eid celebrations in several parts of the country even as the Shehbaz Sharif government eagerly awaits a much-needed bailout from the International Monetary Fund (IMF).From ATMs running dry to thieves stealing sacrificial animals, the affect of the worsening situation ...

Pakistan’s parliament on Sunday approved the government’s 2023-24 budget which was revised to meet International Monetary Fund conditions in a last ditch effort to secure the release of more bailout funds. The IMF in mid-June expressed dissatisfaction with the country’s initial budget, saying it was a missed opportunity to ...

New Delhi: Amid the Pakistan Election Commission's move to remove former Prime Minister Imran Khan from the post of PTI chairman after his disqualification in the Toshakhana case, those in the corridors of powers are also busy brainstorming about holding general elections and electing a new government to end ...

ISLAMABAD: Cash-strapped Pakistan on Friday hiked defence spending by 15.5 per cent and allocated over Rs 1.8 trillion, as the government unveiled a Rs 14.4 trillion budget for 2023-24 as it battled to fend off a looming default due to shrinking foreign reserves. Finance minister Ishaq Dar, who presented ...

ISLAMABAD: Pakistan Prime Minister Shehbaz Sharif said on Monday that the incumbent Army chief Gen Asim Munir was removed as the head of ISI in 2019 by his predecessor Imran Khan because the spy chief confronted him with proof of corruption involving his wife.Munir served as the head of ...

JaipurPublished: May 17, 2023 04:38:53 pmPolice Surrounds Imran Khan's House: Former Prime Minister of Pakistan Imran Khan's difficulties are not taking the name of reducing. Today the police have surrounded his house. But what is the reason for this? Let's know.Imran Khan Pakistan's former Prime Minister Imran Khan may ...

A look at the top developments from crisis-hit Pakistan:The Supreme Court of Pakistan on Thursday ordered the immediate release of former Prime Minister Imran Khan who was arrested in a corruption case on Tuesday, Dawn reported. A bench led by Chief Justice of Pakistan Umar Ata Bandial termed his arrest ...

The Al Qadir Trust case is contentious. It seems to involve Khan, his wife Bushra Bibi, and their close aides Zulfiqar Abbas Bukhari and Zaheer Ud Din Babar Awan, among others who formed Al-Qadir University Project Trust. It was aimed to set up ‘Al-Qadir University’ for imparting ‘quality education’ in Tehsil Sohawa District ...