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Islamabad: In the coming fiscal year, the government intends to borrow roughly $16 billion in gross foreign loans to cover maturing external public debt and finance the budget deficit. According to Ministry of Finance sources, the expected $15.7 billion borrowings in fiscal year 2021-22 are roughly 10% higher than this year’s revised estimates of foreign …
Continue reading “Pakistan to receive loan from IMF to retire debts in FY22”
ISLAMABAD: As the positivity ratio reaches 8%, the National Command and Operation Centre (NCOC) will make essential decisions today, the NCOC will meet on Monday. The aim of this meeting will be to make crucial decisions about the country’s potential course of action in light of the worsening coronavirus situation. Considering the current increase in …
Senator Sherry Rehman, the leader of the Pakistan Peoples Party, threw criticism at the Pakistan Tehreek e Insaf (PTI) government on Thursday over the intense increase in the country’s trade deficit. According to the information, the Senator said in her tweet that while oil prices in the international market have fallen for the fourth day …
Continue reading “Sherry Rehman lashes out Govt over high Trade Deficit”
ISLAMABAD: The government has warned the ECP that it may face contempt charges. The PTI government said on Tuesday that if the Election Commission of Pakistan (ECP) does not tender resignations, it will face contempt charges. Minister for Science and Technology Fawad Chaudhry said consultations with the attorney-general were conducted after the Cabinet meeting, which …
Continue reading “PTI govt to initiate contempt proceedings against ECP”
Food security and climate change, Prime Minister Imran Khan said on Wednesday, are new threats to national security. During his speech, the premier said that Pakistan needed to discuss the idea of national security, which he described as “more than just matters and affairs related to strengthening the country’s security forces.” The premier made the …
Continue reading “PM mentions new challenges to national security”
