New Finance Minister of Pakistan, Muhammad Aurangzeb, indicated in an interview recently that he hopes to issue up to USD 300 million of panda bonds for the first time this year, due to issue renminbi-denominated bonds would allow Pakistan to diversify its funding sources and reach investors in new markets. Panda bonds are bonds denominated […]
The social media platform said it “continues to work” with the appropriate authorities in the nation about their concerns in its first comment since X was suspended in Pakistan in mid-February. In a post on X, the Global Government Affairs team of the platform stated, “We continue to work with the Pakistani Government to understand […]
Imran Khan, the founder of Pakistan Tehreek-e-Insaf (PTI) and a former prime minister, said on Thursday that Saudi Arabia was not involved in the “regime change operation.” The declaration follows the opinions voiced by Sher Afzal Marwat, the head of the firebrand party, in an interview with a private TV station concerning the kingdom’s alleged […]
According to a Bloomberg story, Finance Minister Muhammad Aurangzeb stated that the administration anticipated little devaluation of the rupee after discussions with the International Monetary Fund (IMF). Currently attending the IMF and World Bank (WB) spring meetings in Washington is the finance minister. According to him, the average annual depreciation of the rupee is between […]
Prime Minister Shehbaz Sharif made a suggestion that Saudi Arabia may spend billions of dollars in Pakistan one day after Prince Faisal bin Farhan, the country’s foreign minister, finished his two-day visit to Islamabad. The prime minister announced that billions of dollars in investment were anticipated as a result of the recent visit by the […]
Indian Farzana Begum, who claimed that her Pakistani husband had mistreated her, stated that she had no desire to go back to her own nation. She has also called her husband’s assertion that they were no longer married as untrue. “There needs to be a certificate if he has divorced me,” she said. In an […]
Nawaz Sharif, the leader of the Pakistan Muslim League-Nawaz (PML-N), was cleared by the National Accountability Bureau (NAB) on Wednesday over the Toshakhana car issue. In its findings, the anti-graft commission asked an accountability court in Islamabad to find the former premier not guilty. The PML-N leader’s inclusion in the probe was mandated by the […]
Pakistan is still going through the Nazuk Mor (critical period) after 77 years of travel. The country’s crippling inflation, high utility costs, high taxes, corruption, and mounting external debt have crushed the common man, but surprisingly, the wealthy and powerful elite class and their leaders’ assets are growing overseas in the midst of the domestic […]
The Lahore High Court (LHC) has ordered the Punjab government to amend some portions of the Child Marriage Act, 1929, stating that it is “discriminatory” and imposing different age requirements for men and women to be eligible to get married. In a 5-page ruling delivered by Justice Shahid Karim on Monday, the high court ruled […]
In a letter to Prime Minister Shehbaz Sharif, a Pakistani-Australian lady expressed her displeasure that customs officers had closed the Green Channel at the Karachi airport for international travelers. The female traveler said in her letter that the canal closure forced her to wait hours at the customs office. A customs officer, meanwhile, said that […]