Aurangzeb urges continuity in economic policy regardless of govt in power – Business
Finance Minister Muhammad Aurangzeb on Saturday stressed the importance of continuity in the country’s economic policy, saying it should be consistent regardless of the government in power. Speaking to reporters at the Overseas Investors Chamber of Commerce and Industry (OICCI) in Karachi, Aurangzeb said, “When we talk about the charter of economy, it does not […]
India, Pakistan share climate challenges but not solutions – Pakistan
Distrust undercuts prospects for co-op, despite realisation that climate threats cannot be tackled in isolation. ISLAMABAD: Choking smog, scorching heat and ravaging floods — arch-rivals India and Pakistan share the same environmental challenges, offering a rare but unrealised opportunity for collaboration, according to experts. The two countries, together making up a fifth of the world’s […]
Imran flays ‘autocracy’ as his case count jumps – Pakistan
• Says Omar Ayub-led team to negotiate with govt on prisoner release, probe into protests• Ministry submits details of ex-PM’s ‘188 legal challenges’• IHC reprimands police for arresting hawker ISLAMABAD: Former prime minister Imran Khan is facing 188 criminal cases and inquiries, according to data submitted before the Islamabad High Court (IHC) on Friday. The […]
Grand jirga negotiates indefinite ceasefire in Kurram – Pakistan
KOHAT: The warring sides in Kurram have agreed to an indefinite ceasefire, the KP government said on Friday. The development comes as a grand jirga, that is visiting the restive district, held individual as well as collective sittings with both sides, and after hours-long deliberations, agreed to cease fire for an indefinite period. Certain key […]
PBC sees 200bps cut in policy rate – Business
KARACHI: Pakistan Business Council (PBC) has said that a decrease of about 200bps in the policy rate on Dec 16 appears feasible, with more to follow in early 2025, provided inflation remains tame. “This cut will bring the policy rate close to the 3+ months KIBOR rate, which is about 12.5pc at present,” said PBC […]
Nepra announces ‘double relief’ for power consumers – Business
• Okays Rs1.14 negative FCA for December; three-month winter package takes effect• Power tariff relief extended to K-Electric, solar users• Consumers to get up to 50pc discount on incremental electricity use ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) claimed to have cleared a rare double dose of relief for electricity consumers on Friday, including […]
Protesters threaten to blockade AJK today as talks stall – Pakistan
• JKJAAC coalition accuses govt of stubbornness• Minister calls coalition’s demands ‘inflexible’• Bagh traders reject lockdown amid protest plans MUZAFFARABAD: The Jammu Kashmir Joint Awami Action Committee (JKJAAC), a coalition of civil society activists advocating for rights in Azad Jammu and Kashmir (AJK), announced on Friday that it would stage long marches towards the territory’s […]
Unicef seeks $141m in aid for Pakistan – Business
ISLAMABAD: Unicef on Friday launched an appeal for $140.9 million to provide life-saving humanitarian assistance to vulnerable populations in Pakistan including Afghan refugees. This includes $41.6m for the nutrition emergency; $59.8m for potential humanitarian responses; 34.5m for refugee and host community support; and $5m for disaster risk reduction, preparedness and resilience-building. In a report, it […]
Missing the bigger picture
IN October, as cooler temperatures arrived and smog started to fill the skies across Punjab, the provincial government rolled out the Roadmap for Smog Mitigation in Punjab 2024-2025. However, this plan raises more questions than it answers. Consider. There exists a plethora of policies, plans and reports related solely to air quality improvement in Pakistan, […]
Milei, Argentina and Pakistan – Newspaper
ARGENTINA, in many respects, resembles Pakistan. Once the superstar economy of South America doing reasonably well, it has had to go through repeated economic turmoil through decades, making it a familiar patient in the IMF ward. Against all odds, a person appeared on the horizon who came to dominate its politics. The surge saw him […]