Despite the government’s efforts to enhance digitization aimed at containing the undocumented economy and complying with the Financial Action Task Force (FATF) directives, the demand for currency notes in Pakistan is growing more than ever before. Security Papers Limited (SEPL), the company which produces paper for currency notes, recently posted the highest-ever profit after tax, […]
ISLAMABAD: Prime Minister Imran Khan Thursday called upon the rich nations to immediately return the stolen money of developing countries parked in their banks. Addressing a high-level panel on Financial Accountability, Transparency, and Integrity (FACTI) on the sidelines of the ongoing United Nations General Assembly session, Imran said the international community must take decisive actions […]
The number of confirmed coronavirus cases across the globe has surpassed 30 million, according to figures by America’s Johns Hopkins University. More than 940,000 have died with Covid-19 since the outbreak began in China late last year. The worst-hit nations are the US, India, and Brazil, but there is a renewed spike in infections across […]
New Zealand is in its deepest recession in decades, following strict measures in response to the Covid-19 pandemic which were widely praised. The country’s GDP shrank by 12.2% between April and June as the lockdown and border closures hit. It is New Zealand’s first recession since the global financial crisis and its worst since 1987 […]
ISLAMABAD: Prime Minister Imran Khan on Monday called for chemical castration of those involved in rape cases so that they could not indulge in such heinous crimes in the future. During an interview with a private news channel, the prime minister said he believed there should be chemical castration of rapists, which was in practice […]
As Covid-19 cases are on a continuous decline in the country, the government on Monday announced the reopening of educational across the country in phases starting September 15. All universities, colleges, and grade IX and X classes to commence from 15th Students of sixth, seventh and eighth classes will be allowed to attend schools on […]
Pakistan’s lockdown might get lifted starting Saturday, Prime Minister Imran Khan announced on Thursday evening. But what will happen and what are the new rules now? Federal Planning Minister Asad Umar and Industries and Production Minister Hammad Azhar explained the government’s decisions for the lockdown lift. Small scale markets and shops in neighbourhoods and rural […]