ISLAMABAD: Finance Minister Muhammad Aurangzeb will embark on a visit to China starting today, as Pakistan is seeking a rescheduling of $15bln loan from Beijing, well-placed sources told.
As per details, a joint working group will be established between Pakistan and China to facilitate the loan rescheduling, sources added.
Additionally, discussions...
ISLAMABAD: As a Pakistani team leaves for Beijing to seek reduction in interest rates and extension in the tenure of the debt taken for China-Pakistan Economic Corridor (CPEC) energy projects and nuclear power plants, Chinese companies have ruled out the possibility of renegotiating the power purchase contracts.
In a background,...
Nearly two dozen members of the UK Parliament on Tuesday called for the immediate release of former prime minister Imran Khan, who is currently imprisoned in Adiala Jail along with his wife, Bushra Bibi.
This call to action emerged during a hearing in the House of Lords Committee Room, addressing...
The United States expressed concern over the government’s decision to potentially restrict the Pakistan Tehreek-e-Insaf (PTI) party.
During a press briefing on Monday, US State Department spokesperson Matthew Miller responded to questions regarding the “possible restrictions on PTI.”
He stated that the US has observed governmental statements imposing restrictions on political...
Faced with a balance-of-payments problem, Pakistan urgently needs to attract foreign investment. During July-March FY24, the country received $1.099 billion compared to $1.217 billion in the same period last year, marking a decline of 9.7% or $118 million. Pakistan has the lowest FDI preference in the region, receiving close...
The incidents of street and highway crime have increased significantly in several major cities of Pakistan, including Karachi and the capital Islamabad, amid the nation’s ongoing economic challenges.
In May, a university student in Karachi was killed in a gun battle with two suspected robbers on the Superhighway. The 22-year-old...
Amid the brewing tensions between Pakistan and Afghanistan, reports are emerging that Islamabad has commenced the second phase of Afghan deportation. The controversial plan aims to send undocumented Afghan refugees back to their own country.
Pakistan began the second phase of deportation on Sunday. With this phase, the authorities are...
India has slammed Pakistan for its “baseless and deceitful narratives” as Islamabad’s envoy here made references to Kashmir in the UN General Assembly.
“Earlier in the day, one delegation misused this forum to spread baseless and deceitful narratives, which is not a surprise,” Minister in India’s Permanent Mission to the...
The Baloch Liberation Army (BLA) has issued a detailed statement regarding the recent major attack on the Pakistani military camp in Iskalko, claiming that the operation resulted in the deaths of 11 Pakistani soldiers and injuries to several others.
BLA spokesperson Jeeyand Baloch said the attack began at 10:30 PM...
Pakistan Defence Minister Khawaja Asif on Monday acknowledged that minorities are facing “targeted violence in the name of religion”. During a national assembly session, Asif expressed concern over minorities killing in Pakistan, saying they are not safe under the guise of Islam.
“Every day, minorities are being killed. They are...
