“We have formally requested to be considered for this facility,” Finance Minister Muhammad Aurangzeb said in an interview on the sidelines of the IMF/World Bank autumn meetings in Washington. Pakistan is targeting around $1 billion in a formal request for funding from the IMF facility that helps low- and middle-income countries mitigate climate risk, its […]
Read MorePakistan is going to introduce an interest-free banking system. The country has already amended its constitution for this purpose. Through the 26th amendment to the Pakistani constitution, the country will stop the ‘riba’ or interest-based banking system and introduce interest-free banking from the beginning of 2028. This information came to light in a report by […]
Read MoreIndian External Affairs Minister S Jaishankar participated in the recently concluded Shanghai Cooperation Organization (SCO) summit held in Pakistan. He also exchanged courtesies with the Prime Minister of Pakistan, Shehbaz Sharif. And Shehbaz’s brother former Prime Minister Nawaz Sharif has given a message that this friendship should be taken further. PML-N leader’s request to Prime […]
Read MoreThe visit of India’s foreign minister to Pakistan earlier this week was a “good beginning” that could lead to a thaw in relations between the two rivals, former Pakistan Prime Minister Nawaz Sharif was quoted as saying by Indian media yesterday. Indian Foreign Minister Subrahmanyam Jaishankar was in Pakistan on Tuesday and Wednesday for a […]
Read MoreAt least three police officers were killed in a militant attack on police headquarters in Pakistan’s Khyber Pakhtunkhwa province. Three attackers were later killed in a police counter-attack. The casualties occurred when militants attacked the police headquarters and residential complex in Bannu district on Monday. Police sources said their operation is still ongoing and the […]
Read MorePakistan authorities on Sunday began preparations to shut down the capital for the Shanghai Cooperation Organisation summit, amid recent militant violence and political unrest, including a deadly attack on a convoy of Chinese engineers in Karachi. Pakistan authorities were on Sunday preparing to shut down the capital ahead of a Shanghai Cooperation Organisation summit, overshadowed […]
Read MoreAt least 20 workers were killed when gunmen attacked a private coal mine in southwestern Pakistan. Seven more people were injured in this incident. On Friday (October 11), the news agency AP reported this information about the police. Humayun Khan, a city police official, said that a group of armed men attacked the mines of […]
Read MorePakistan and Saudi Arabia signed 27 memorandums of understanding (MoUs) worth $2.2 billion in various sectors on Thursday. Last night, a high-powered Saudi delegation led by its Minister for Investment Sheikh Khalid Bin Abdul Aziz Al Faleh arrived in Islamabad on a three-day official visit. Prime Minister Shehbaz Sharif, Al Faleh and Chief of Army […]
Read MorePakistan’s ruling coalition is making extensive efforts to implement the constitutional amendment. Former Prime Minister and Pakistan Tehreek-e Insaf (PTI) leader Imran Khan has written a letter to the United Nations to prevent this. He warned in a letter written to the United Nations that there could be possible changes in the constitution. If these […]
Read MorePakistan is scheduled to sign agreements worth around $2 billion with a visiting Saudi delegation later this month, Prime Minister Shehbaz Sharif said on Tuesday. A delegation from Saudi Arabia is expected in the country before the Shanghai Cooperation Organisation (SCO) meeting that the country is hosting from Oct 15-16, he said. The Saudi delegation, […]
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