Sindh Rangers, CTD arrest most-wanted SRA terrorist Abdul Jabbar Sarki

He was arrested at a Rangers check post near Raees Goth on Hub River Road while travelling from Quetta to Karachi Personnel of Sindh Rangers. PHOTO: EXPRESS/FILE KARACHI: A most-wanted terrorist affiliated with the banned Sindhudesh Revolutionary Army (SRA) was arrested during a joint intelligence-based operation conducted by the Sindh Rangers and the Counter-Terrorism Department…

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IMF relief and SBP tightening

Pakistan’s economic trajectory being shaped by complex interplay of external shocks, internal policy responses The government wants to accelerate economic growth to lower rising poverty and unemployment, but the IMF was of the view that Pakistan has not yet reached a stage where it can afford sustainably higher economic growth. PHOTO: Reuters KARACHI: Pakistan’s economic…

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Dar, Qatari minister discuss evolving regional situation, stress dialogue amid US-Iran tensions

Minister of state for foreign affairs appreciates Pakistan’s constructive role as Dar reaffirms commitment to peace Deputy Prime Minister and Foreign Minister Ishaq Dar (L), Qatari Minister of State for Foreign Affairs Mohammad bin Abdulaziz Al-Khulaifi (R) Deputy Prime Minister and Foreign Minister Ishaq Dar discussed the regional situation with Qatar’s Minister of State for…

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Three killed in Wana Bazaar blast, including Ahmadzai Wazir chief

Initial investigations suggest vehicle was specifically targeted using explosive material A powerful explosion in Wana Bazaar, the main city and headquarters of Lower South Waziristan, killed three people, including the Ahmadzai Wazir tribe Chief Malik Tariq Khan, while two others sustained critical injuries. PHOTO: EXPRESS MIRANSHAH: A powerful explosion in Wana Bazaar, the main commercial…

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Budget: need for simplified taxation

ISLAMABAD: “At the beginning of a dynasty, taxation yields large revenue from small assessments. At the end, taxation yields small revenue from large assessments” – Ibn Khaldun. Ibn Khaldun wrote these lines centuries ago, long before the arrival of missions of the International Monetary Fund (IMF), quarterly review meetings and “mini-budgets”. He nevertheless understood something…

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Motorways ban animal transport vehicles

RAWALPINDI: The National Highways and Motorway Police has imposed a ban on the entry of vehicles carrying animals on motorways during Eidul Azha. According to officials, overloaded, unfit and improperly loaded vehicles transporting animals often cause traffic accidents and congestion. Therefore, such vehicles will be diverted to alternative routes instead of being allowed on motorways….

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Tax design, not rates, is Pakistan’s real problem

ISLAMABAD: Pakistan’s tax debate often starts in the wrong place. We argue over rates, targets and quarterly shortfalls, but avoid the central problem: the design of the tax system itself. A tax regime that depends on a largely undocumented retail economy to collect revenue will keep producing distortion, leakage and resentment. That is exactly what…

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