ISLAMABAD – Prime Minister Shehbaz Sharif has said the country will face difficult times going forward as the global lender was adamant on incumbent government fulfilling all the conditions of the agreement. Addressing the party senators in the country’s federal capital, Prime Minister ...

ISLAMABAD – National Electric Power Regulatory Authority on Thursday has approved a massive rise of Rs7.91 per unit in the basic power tariff. The development comes days after the newly installed government jacked up the petroleum prices by Rs30 per litre. With the massive increase, a single ...

ISLAMABAD – PTI Chairman Imran Khan said those who installed the new government are responsible for the destruction, saying the entire nation and institutions should save the country from ‘looters’. Addressing a press conference in KP’s capital, the cricketer turned politician said ...

ISLAMABAD – Finance Minister Miftah Ismail has announced that the coalition government has no plans to increase the petrol prices as of now. Addressing a presser in the country’s federal capital Islamabad, the PML-N leader said the petrol prices, which were expected to be increased ...

ISLAMABAD – The Sharif-led federal government is likely to take a crucial decision on a hike in fuel prices today ahead of talks with International Monetary Fund (IMF). Last month, the new government decided not to roll back billions in fuel subsidies despite the strain on public funds, to ...

*Pakistan's rupee extended its decline for a third successive session on Monday as depleting foreign exchange reserves and uncertainty over revival of the International Monetary Fund (IMF) programme mounted pressure on the local currency. Resultantly, rupee depreciated by 0.48% against the ...

Prime Minister Shehbaz Sharif on Sunday has said that no matter if President Joe Biden’s call came or not he will remain thankful to him and now Imran Khan is taking U-turn from his narrative by saying that he knew about the conspiracy from July and government will form the commission ...

*LAHORE – Prime Minister Shehbaz Sharif has said that the country is facing the worst fiscal deficit in history.* He expressed these views during a meeting with CPNE officials. During the meeting, the prime minister said that Imran Khan laid a mine for the next government by freezing oil ...

Already overburdened by inflation, increased oil prices, food items, Pakistanis were in for a shock when the National Electric Power Regulatory Authority (NEPRA) on Wednesday decided to increase the power tariff by Rs2.86 under monthly fuel adjustment. NEPRA took the decision after conducting ...

The country’s biggest economic issue today (in immediate terms) is its falling foreign exchange reserves. Nothing else. It must shore up in the next few months to not see a situation like Sri Lanka in Pakistan. There are two ways to gauge the reserves health – one is to see the import cover ...