The International Monetary Fund (IMF) in the late hours of Friday termed Pakistan’s implementation of its $7 billion Extended Fund Facility (EFF) as “strong” as it gave its assessment conducted during a recent visit to the country. The statement comes hours after Pakistan and the IMF concluded the first biannual review of the $7 billion…
NEW YORK: The members of the UN Security Council condemned in the strongest terms the “heinous and cowardly terrorist attack” on the Jaffar Express travelling from Quetta to Peshawar near Sibi and the taking of passengers as hostages earlier this week. “This reprehensible act of terrorism resulted in the grievous loss of at least 25…
ISLAMABAD: Prime Minister Shehbaz Sharif on Friday directed strict action against those hoarding sugar and creating “an artificial shortage”, leading to a surge in prices. Chairing a review meeting on sugar supply and pricing, the prime minister emphasised that the government would not allow stockpiling and price manipulation. He said a report should be presented…
• Remarks come after Trump urges Russian president to spare Ukrainian troops• G7 warns Moscow of new sanctions unless it accepts ceasefire• Putin, Saudi crown prince discuss Opec+ agreements, Ukraine crisis• Zelensky says there is now a good chance to end war WASHINGTON: Russian President Vladimir Putin on Friday called on Ukrainian troops fighting in…
LAHORE: The security forces arrested a ‘possible’ suicide bomber and injured another after crossfire on Barki Road on Friday night. Identified as Hafiz Shams, the arrested suspect was stated to be a member of Tehreek-i-Taliban Pakistan (TTP) and a resident of Balochistan. They were planning a suicide attack A senior police official said his accomplice,…
THEY were waiting for Mahmoud Khalil outside his apartment building in New York City. Last Saturday evening, Immigration and Customs Enforcement agents arrested the Columbia University student-activist and put him in immigration detention. Khalil’s wife produced paperwork showing that he was a legal permanent resident, or a Green Card holder, but the agents continued to…
MUCH has been said about the backlog of 2.4 million cases in the judicial system. At the Asma Jahangir Conference in 2024, Justice Mansoor Ali Shah stated that in 2023, judges had decided 1.69m cases. There is no doubt that disposing 1.69m cases is remarkable for about 4,000 judges working daily but how many of…
THE decision to significantly revise down buyback prices at which power distribution companies purchase electricity from rooftop solar system owners is the correct step towards energy price equity for all consumers. Under the revised net-metering policy, distribution companies will buy unused surplus solar electricity from net-metered consumers at Rs10 per unit, down by nearly 63pc…
• ISPR director general, Balochistan chief minister point to India as ‘main sponsor of terror’• 23 security personnel among 31 casualties; officials fear toll from Jaffar Express tragedy may rise• Bugti says no grievances justify such a heinous act; sees TTP and BLA as two sides of same coin ISLAMABAD: The military on Friday vowed…
• No additional revenue measures imposed; fiscal targets to be maintained through expenditure control• MEFP still being finalised ahead of staff-level agreement• IMF Executive Board approval expected by early next month ISLAMABAD: Pakistan and the International Monetary Fund (IMF) on Friday concluded the first biannual review of the $7 billion Extended Fund Facility (EFF) on…