PaK News
ISLAMABAD: Finance Minister Muhammad Aurangzeb on Thursday cautioned the business community that the country cannot afford another boom-and-bust cycle, stressing the need for continued structural reforms to ensure sustainable and equitable prosperity. Speaking at a conference on ‘Retail Reimagined: Innovate, Collaborate & Thrive’, organised by the Pakistan Retail Business Council (PRBC) in Islamabad, the minister…
ISLAMABAD: The Central Monitoring Unit (CMU) of the federal government has deplored disproportionate presence of non-professional and non-independent members in the boards of directors at state-owned entities (SOEs) and an absence of effective audit and monitoring mechanisms in these organisations. The CMU has suggested adoption of international financial and audit standards to address governance weaknesses…
QUETTA / GWADAR: The Counter Terrorism Department (CTD) of Balochistan Police on Tuesday registered an FIR against unknown assailants involved in the Barkhan killing incident, where seven people were murdered. According to officials, the FIR was filed on the complaint of the Station House Officer (SHO) of CTD Loralai against unidentified individuals under various charges,…
GILGIT: Prime Minister Shehbaz Sharif on Thursday formed a seven-member committee to address the grievances of those affected by the Diamer-Bhasha Dam project. The decision came amid the continuation of a protest sit-in by the affected people in Chilas, the district headquarters of Diamer, which has now lasted for five consecutive days. According to an…
LONDON: Former foreign minister and PPP leader Bilawal Bhutto-Zardari on Thursday called out the hypocrisy of Western countries, questioning what makes a state entitled to nuclear weapons. During a wide-ranging speech at the Oxford Union, a prestigious debating society that invites world leaders to speak on key issues before students and academics, Mr Bhutto-Zardari said…
RECENTLY, there has been a flurry of legislation in Pakistan. The Constitution itself has undergone a major overhaul, after the passage of the 26th Amendment. The changes brought in are of such great benefit to the people that their contents had to be carefully guarded until their actual passage, so that no ordinary citizen could…
• Official says mission due on Feb 24 for ‘review & discussion’• Sherry urges structured climate financing to tackle environmental crisis• Aurangzeb says bureaucratic hurdles continue to obstruct access to climate funds ISLAMABAD: An International Monetary Fund mission will arrive in Islamabad next week to discuss around $1 billion in climate financing for Pakistan, an…
THOUGH Donald Trump has not been able to fulfil his promise of ending the Ukraine conflict “24 hours” after taking office, the American president is clearly not interested in pumping more US funds into this war. Moreover, his overtures to Russia — and use of scathing language to target the Ukrainian president — have sent…
NEW YORK: Pakistan is not under any pressure from Washington, and the country would not accept any pressure, even if it was applied, Deputy Prime Minister Ishaq Dar said on Thursday. Wrapping up his US visit, Mr Dar — who also holds the foreign affairs portfolio — maintained that relations between Pakistan and the United…
ISLAMABAD: The minimum amount for Sadqa-i-Fitr and Fidya this year is Rs220 per person, Dr Raghib Hussain Naeemi, the Chairman of the Council of Islamic Ideology (CII), said on Thursday. Dr Naeemi said in a statement that for those whose staple diet was wheat, the fidya rate would be Rs 220 — the price of…