Pakistan will receive $700 million following approval from the Fund’s Executive Board, as per an agreement reached at the staff level about the first assessment of a $3 billion bailout, the International Monetary Fund (IMF) announced on Wednesday. A delegation headed by Nathan Porter was in Islamabad to have talks on the first review of […]
Islamabad is hopeful that the first review of the $3 billion standby agreement (SBA) would be completed successfully, as negotiations between the International Monetary Fund (IMF) team and Pakistani officials are now in their final round. According to sources, policy-level negotiations between the IMF and Pakistani authorities got underway today, Monday, and will go until […]
After the May 9 riots, Asad Umar, the former planning minister, resigned from his position as secretary general of the PTI. On Saturday, he also left politics. “After more than a decade in public life, I have decided to completely quit politics,” he wrote in a post on X. Umar, a former close adviser to […]
The houses, automobiles, and bank accounts of Pakistan Muslim League-Nawaz (PML-N) supremo Nawaz Sharif were ordered to be unsealed by an accountability court in Islamabad on Friday in connection with the Toshakhana case that the National Accountability Bureau (NAB) had filed. In the Toshakhana case, the same accountability court judge postponed the three-time former prime […]
Significantly, senior leader of the Pakistan Muslim League-Nawaz (PML-N) Rana Sanaullah announced on Thursday that his party was prepared to negotiate for the nation’s economic recovery with PTI leaders who were not engaged in the May 9 riots. As the nation approaches the general elections, the PML-N leader made these comments in a conversation with […]
In a rare step, the Pakistan Tehreek-e-Insaf (PTI) said on Wednesday that a “political engagement committee” has been formed to reach out to opposition parties ahead of the 2018 polls, as political parties prepare for the general elections. Senators Ali Zafar, Dr. Humayun Mohmand, Ali Muhammad Khan, Ali Asghar Khan, and Raoof Hasan are among […]
The Pakistan Army stopped a terrorist attack on the Pakistan Air Force’s Mianwali Training Air Base early on Saturday, killing nine terrorists in a clearance operation, according to the military’s media wing. This development follows a string of occurrences in Khyber Pakhtunkhwa and Balochistan that resulted in the martyrdom of at least 17 soldiers. These […]
The Pakistan Army’s media affairs department claimed on Friday that fourteen troops lost their lives when terrorists ambushed two security force vehicles in the Gwadar province of Balochistan. As to the Inter-Services Public Relations (ISPR), the cars were ambushed while en route from Pasni to Ormara. It added that in the “unfortunate incident,” 14 troops […]
In the midst of Pakistan’s ongoing campaign to deport undocumented immigrants, including citizens of Afghanistan, a supposedly recorded audio clip has surfaced in which Mullah Muhammad Yaqub Mujahid, the acting defense minister of the Taliban government, is heard strongly warning Pakistan to think carefully before pursuing “unilateral actions” due to the potential consequences of their […]
According to officials on Thursday, a huge exodus of over 165,000 Afghans left Pakistan as a result of the government’s orders to deport up to 1.7 million illegal migrants. Islamabad gave undocumented immigrants living in Pakistan an ultimatum last month: leave by November 1 or risk being arrested and deported. Most of them hurried to […]
