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ISLAMABAD: The federal government will finalize the budget for the fiscal year 2025-26 after consulting the International Monetary Fund (IMF), sources revealed. Sources in the Ministry of Finance told Geo News that another IMF delegation will visit Pakistan soon. The discussions will take place both in person and online. Officials said these talks will continue …
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A massive canal project under Pakistan’s Green Pakistan Initiative (GPI) has sparked protests over potential water shortages in the country’s southern regions. The government claims the $3.3 billion project will boost agriculture and food security, but critics fear it will deprive Sindh, a lower riparian province, of its fair share of water. What Is the …
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The Pakistan Cricket Board (PCB) has strengthened the national team by adding Haris Rauf and Usman Khan to the ODI squad for the upcoming three-match series against New Zealand. The inclusion of these two players aims to bolster Pakistan’s bowling and wicket-keeping options. Haris Rauf Strengthens Pace Attack Haris Rauf has earned his place in …
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Pakistan’s Chief Meteorologist Muhammad Afzal has warned of a significant rise in temperatures in the coming months. Forecasts indicate temperatures may increase by 3°C to 5°C above normal levels across the country. Speaking at a press conference, Afzal revealed that winter rainfall was 42% below normal. Sindh received 63% less rain, Balochistan 53%, and Punjab …
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Commitment to Strcutural Reforms Pakistani authorities have reaffirmed their dedication to structural reforms. The government plans to continue fiscal adjustments to lower public debt while ensuring transparency. Strengthening tax systems and improving public financial managemeny remain key priorities. The IMF has also highlighted the need for strict monetary policies to manage inflation, which has now …
Continue reading “Pakistan Secures $1.3 Billion IMF Deal for Economic and Climate Stability”
WELLINGTON: New Zealand outclassed Pakistan with a commanding eight-wicket victory in the final T20I at Sky Stadium on Wednesday. The hosts chased down the modest target of 128 with ease, winning with 60 balls to spare. Tim Seifert and Finn Allen provided a blazing start, adding 93 runs for the first wicket. Allen smashed 27 …
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As of today, March 26, 2025 (corresponding to the 25th Ramadan 1446 AH), Muslims across Pakistan continue their fasting with the following Sehri (pre-dawn meal) and Iftar (evening meal) timings in major cities: Sehri and Iftar Timings City Sehri Time Iftar Time Karachi 5:13 AM 6:47 PM Lahore 4:37 AM 6:19 PM Islamabad 4:39 AM …
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Aviation training in Pakistan is set to improve as Fly Jinnah Services (Pvt) Ltd and Air Arabia Academy LLC partner to establish a state-of-the-art aviation training institute. The Competition Commission of Pakistan (CCP) has approved their joint venture, allowing both companies to invest in this new initiative. New Academy to Enhance Training Standards The new …
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Timely justice is essential for a fair legal system, emphasized Chief Justice of Pakistan (CJP) Yahya Afridi. Speaking at a consultative meeting with senior judicial officials, he highlighted the urgent need for reforms to reduce case backlogs and improve access to justice. Judicial Reforms and Digitalization The meeting, attended by top officials such as Supreme …
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India’s cross-border terrorism accusations against Pakistan are an attempt to deflect attention from its own actions, said political analyst Sarwani. He criticized New Delhi for portraying itself as a victim while allegedly engaging in state terrorism in occupied Jammu and Kashmir. He argued that such tactics are common among occupying forces, who often misrepresent legitimate …
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As of today, March 25, 2025 (corresponding to the 24th Ramadan 1446 AH), Muslims across Pakistan observe fasting with the following Sehri (pre-dawn meal) and Iftar (evening meal) timings in major cities: City Sehri Time Iftar Time Karachi 5:14 AM 6:46 PM Lahore 4:38 AM 6:18 PM Islamabad 4:40 AM 6:24 PM Rawalpindi 4:40 AM …
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The International Monetary Fund (IMF) has approved a 2% reduction in property purchase tax, providing relief to buyers in Pakistan’s real estate market. This decision, effective from April 2025, aims to ease financial burdens on investors and stimulate transactions in the sector. However, the withholding tax (WHT) on property sellers remains unchanged. Key Agreement Between …
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The Youm-e-Ali processions were held with deep reverence across Pakistan, marking the martyrdom anniversary of Hazrat Ali (AS). In conclusion Devotees gathered in large numbers to pay tribute, and all mourning processions concluded peacefully under strict security arrangements. Authorities ensured foolproof measures to maintain order and prevent any untoward incidents. Main Processions Held in Major …
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Pakistan is taking a major step toward digital finance with the launch of the Pakistan Crypto Council (PCC). Finance Minister Muhammad Aurangzeb emphasized its role in developing a transparent and regulated framework for blockchain and cryptocurrencies. At the council’s inaugural meeting in Islamabad on Friday, Aurangzeb stated that the PCC would serve as a central …
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After nearly a month of suspension, the Torkham border has reopened for pedestrians, allowing thousands on both sides to cross into Pakistan and Afghanistan. The closure, which began on February 21, followed tensions between Pakistani and Afghan security forces over construction activities near the border. The long-awaited reopening comes after successful negotiations between jirga leaders …
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Gold prices in Pakistan dropped on Friday, following a similar trend in the international gold market. The decline comes after gold hit an all-time high a day earlier, reflecting global price movements. Gold Prices Drop by Rs2,000 Per Tola According to the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA), gold prices fell by Rs2,000 per …
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A feasibility study for Parachinar Airport is in progress as a joint team from the Pakistan Airports Authority (PAA) and Pakistan International Airlines Corporation Limited (PIACL) conducted a detailed inspection of the facility. The study aims to determine the airport’s potential for commercial and humanitarian flight operations, aligning with the government’s efforts to improve air …
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Sugar prices continue to rise in Pakistan, yet consumers remain undeterred. With overall inflation easing and the costs of other essential goods stable, people are still willing to pay more for sugar, especially during Ramadan. Despite government efforts to control prices, demand remains high. Sugar: A Household Essential For Ayesha Khan, a mother of four …
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The Pakistan Stock Exchange (PSX) saw a slight dip on Friday, ending a six-day rally as the KSE-100 Index fell 327.60 points (0.28%), closing at 118,442.17. Despite early gains, profit-taking and investor caution pushed the market into the red. Market Performance The index fluctuated throughout the session, reaching a high of 119,405.91 before dropping to …
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Pakistan International Airlines (PIA) may soon regain permission to fly to the United Kingdom, as the British Air Safety Committee has completed a key meeting on the issue. The lifting of the five-year ban would be a major breakthrough for the airline, which has suffered significant losses due to restrictions. Final Decision Expected Soon Sources …
Pakistan has officially granted Starlink a temporary No Objection Certificate (NOC), allowing the satellite-based internet provider to operate in the country. This marks a significant step toward enhancing digital connectivity, as Starlink’s Low Earth Orbit (LEO) satellite technology promises faster and more accessible internet services. Government Approves Starlink’s Entry IT Minister Shaza Fatima stated that …
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Pakistan kept the T20I series alive with a dominant nine-wicket victory over New Zealand, thanks to a record-breaking century by Hasan Nawaz. Chasing 205, the visitors stormed to victory in just 16 overs, with Nawaz smashing the fastest T20I century by a Pakistani player. His unbeaten 105 off 44 balls turned the match around after …
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Pakistan is in the final stages of IMF negotiations, with no major obstacles in sight, according to Finance Minister Muhammad Aurangzeb. He assured that the country is on track to meet the IMF’s financial targets, paving the way for the next tranche of funding. However, he also warned that climate change poses a serious threat …
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