KARACHI: The foreign exchange reserves of the State Bank of Pakistan (SBP) experienced a further decline of $54 million during a week, exacerbating the vulnerability of the exchange rate.
This marks the second consecutive drop in the central bank’s reserves, with a $63m decrease reported last week, highlighting imbalances in...
About two weeks after one of the most tainted elections in the Pakistan’s checkered parliamentary history, a coalition government is in sight. But the only certainty that has emerged is instability and political chaos. And it may only get worse.
An aphorism goes that the Pakistan army has never won...
Will Biden call Shehbaz Sharif? Americans cannot afford to ignore Pakistan given its geo-strategic position; however, they can ignore the fact that the people’s mandate matters for stability. The world can see that the Pakistan army has over-extended itself into the domestic fora and world can see how it...
Islamabad , February 22: Amid the suspension of social media platform 'X' in Pakistan, the media watchdog Freedom Network has accused the federal government of violating the fundamental rights of the citizens in the country.
"No other entity is responsible for this undeclared censorship of X than the federal caretaker...
Islamabad, Feb 22: Amidst a flurry of post-election activities in Pakistan, jailed former prime minister Imran Khan’s Pakistan Tehreek-e-Insaf party-backed winning independent candidates of national and provincial assemblies officially joined the Sunni Ittehad Council to claim the share in the quota of seats reserved for women and minorities.
The independents...
ISLAMABAD -- Pakistan's elections have cemented the rise of a local rights activist in the southwestern port of Gwadar, potentially affecting China's Belt and Road Initiative projects in the area.
In the Gwadar constituency of the Balochistan provincial assembly, voters elected Maulana Hidayat ur Rehman, leader of the Gwadar Rights...
NEW DELHI: A report from Islamabad-based think tank Tabadlab paints a dire picture of Pakistan's financial health, describing the country's debt situation as a "raging fire" and far more critical than the International Monetary Fund's (IMF) assessment of being "borderline" manageable. With debt levels reaching alarming highs, Pakistan faces...
Muzaffarabad , February 14: The National Federation of Students (NFS) organised a protest and long march at various locations in Muzaffarabad in Pakistan-Occupied Kashmir (PoK).
The members of NFS had organised the protest to raise their issues of overpriced electricity and the revocation of subsidised wheat.
Zulfiqar Baig, a senior member...
Washington DC: The United States has said that it would be "closely monitoring" the results of the Pakistan Elections 2024. The recent reports of intimidation and suppression of votes have raised concerns with the US Government.
"We're concerned, and we share our concerns about some of the reports that we've...
Islamabad , February 12: The International Monetary Fund (IMF) review mission is scheduled to visit Pakistan following the formation of new governments at the central and provincial levels, a process expected to take two to five weeks after the February 8 general elections.
The impending visit of the IMF delegation...
