Health, education now govt’s top priority

World Bank stresses progress on child malnutrition, stunting and quality healthcare Pakistan Finance Minister Muhammad Aurangzeb speaks during an interview at the International Monetary Fund and World Bank Group’s annual spring meetings in Washington DC, US, April 13, 2026, PHOTO: REUTERS ISLAMABAD: Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb has said that following…

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Supreme Court limits routine use of remand power

It said appellate courts are duty-bound to decide disputes themselves where the record is complete ISLAMABAD: The SC has held that the power to remand cases to subordinate courts for a fresh hearing is an exceptional and corrective jurisdiction that cannot be exercised as a matter of routine. It said appellate courts are duty-bound to…

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Gold slides on rate concerns, geopolitical tensions

A photo of a gold bar with a US dollar behind it. PHOTO: ANADOLU AGENCY KARACHI: Gold prices in Pakistan declined sharply on Wednesday, tracking losses in the international market, where bullion came under pressure amid expectations that war-driven inflation could keep interest rates elevated, while investors monitored escalating geopolitical developments in the Middle East…

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Memon, Naqvi agree on federal-provincial coordination to tackle national issues

Meeting discussed efforts to curb drug trafficking, maintain law and order in Karachi, other major cities of Sindh Senior Sindh Minister Sharjeel Inam Memon and Interior Minister Mohsin Naqvi meet in Islamabad. SCREENGRAB KARACHI: Interior Minister Mohsin Naqvi and Sindh Senior Minister Sharjeel Inam Memon agreed on Thursday that effective coordination and cooperation between the…

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‘Our position on the Abraham Accords is clear,’ FO says, reiterates no policy shift

Says 10 Pakistanis still in custody of Somali pirates, contact had been established with the Somali government Foreign Office Spokesperson Tahir Andrabi speaking at the FO weekly press briefing. SCREENGRAB Pakistan on Thursday reiterated that its position on the Abraham Accords remains unchanged, stressing that the country continues to support a free, independent and sovereign Palestinian…

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Trade deficit narrows 39% as imports fall

KARACHI: Pakistan’s merchandise trade deficit narrowed by 39.46% month-on-month in May 2026, driven by a sharp decline in imports and a rise in exports, according to data released by the Pakistan Bureau of Statistics. The trade deficit stood at Rs721.6 billion in May 2026, compared with Rs1.19 trillion in April 2026. This represents an improvement…

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150 ICT cops deployed in G-B

ISLAMABAD: With general elections in Gilgit-Baltistan (G-B) scheduled for Sunday, large-scale security arrangements are being put in place, including the deployment of thousands of police personnel from Punjab and the federal capital. According to officials, in addition to 6,000 personnel from the Punjab Police, 150 policemen from the security division of Islamabad Capital Territory Police…

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PSX extends losses on Middle East tensions

KARACHI: Pakistan’s stocks extended their losing streak on Wednesday as investors resorted to profit-taking amid a lack of positive triggers and lingering concerns over geopolitical tensions in the Middle East, dragging the benchmark KSE-100 index down by more than 830 points. “Another day was lost to geopolitical uncertainty,” said Ali Najib, Deputy Head of Trading…

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