No Mini-Budget Planned, Says FBR Chairman Ahead of IMF Visit ISLAMABAD — Amid reports suggesting the government might introduce a mini-budget to fund flood relief through additional taxes on luxury and imported goods, Federal Board of Revenue (FBR) Chairman Muhammad Ashfaq Langrial has dismissed the speculation. “There is no plan to introduce a mini-budget,” Langrial […]
Pakistan Prepares to Seek IMF Concessions Amid Flood Crisis ISLAMABAD — Prime Minister Shehbaz Sharif has instructed officials to seek broader concessions from the International Monetary Fund (IMF) during upcoming review talks, sources say, as the country grapples with severe floods and heavy rainfall. According to insiders, the government plans to avoid introducing a mini-budget […]
Similarly, the annual profit rate on Sarwa Islamic Saving Accounts and Sarwa Islamic Term Accounts has been raised from 9.50 per cent to 9.92 per cent. On the other hand, the profit rate on Defence Savings Certificates has been reduced by 12 basis points, bringing it down from 11.54 per cent to 11.42 per cent. […]
Pakistan, Uzbekistan Boost Industrial and Tech Ties; Pak-Iran JEC Concludes in Tehran Tashkent – Special Assistant to the Prime Minister (SAPM) on Industries and Production, Haroon Akhtar Khan, visited the Pharma Park and Techno Park in Tashkent, Uzbekistan, to strengthen industrial and technological cooperation between the two countries. During the visit, Mr. Khan praised the […]
The centre-left mayor of Ravenna, Alessandro Barattoni, told reporters the port authority had accepted the request from him and the regional government to deny access to the lorries carrying explosives en route to the Israeli port of Haifa. “The Italian state says it has blocked the sale of arms to Israel, but it is unacceptable […]
Donald Trump claimed that Sadiq Khan was not invited to the royal banquet at his request and criticized the British capital’s rising crime rate. “In my view, the Mayor of London is among the worst mayors in the world,” he remarked, adding that he has never liked Sadiq Khan. Trump compared the situation to certain […]
US Vetoes UN Resolution on Gaza; Pakistan Condemns Move Amid Rising Humanitarian Crisis New York, Thursday – The United States blocked a UN Security Council resolution calling for an unconditional ceasefire in Gaza and demanding that Israel lift restrictions on aid deliveries to the besieged enclave. Pakistan expressed “profound regret” over the veto, criticizing the […]
Israeli Forces Advance on Gaza City as Residents Face Rising Violence Gaza City — Israeli forces have taken control of the eastern suburbs of Gaza City and, in recent days, have intensified strikes on the Sheikh Radwan and Tel Al-Hawa neighborhoods, positioning themselves to push into central and western areas where most residents are sheltering. […]
Mass Strikes and School Blockades Sweep France Amid Budget Protests Teachers, train drivers, pharmacists, and hospital staff joined strikes across France on Thursday, while groups of teenagers blocked dozens of high schools for hours, as part of a nationwide day of protest. Protesters and unions are demanding that the previous government’s fiscal plans be scrapped. […]
U.S. Vetoes U.N. Resolution as Gaza Inquiry Accuses Israel of Genocide UNITED NATIONS – A draft resolution in the U.N. Security Council, calling for the immediate and unconditional release of all hostages held by Hamas and other groups, failed after the United States cast its veto. The text, prepared by 10 of the 15 council […]