Patients, families face financial strain; traders warn footfall may decline further ISLAMABAD: The Capital Development Authority (CDA) has once again come under criticism after imposing a Rs100 parking fee in Islamabad’s extended Blue Area, a move that residents say is causing significant hardship for ordinary citizens, patients, visitors and businesses. The extended Blue Area was…
The sell-off triggered by stalled US-Iran talks, which kept Hormuz closed after attack on UAE nuclear power plant Pakistan Stock Exchange (PSX) plunged on Monday in line with the broader global market downturn amid mounting fears of inflation as the global oil crisis deepened. The sell-off was triggered by stalled US-Iran talks, which kept the…
ISLAMABAD: The PML-Q has issued party tickets to 11 candidates for the upcoming Gilgit-Baltistan Assembly elections, party spokesperson Mustafa Malik announced on Sunday. The candidates were finalised with the approval of parliamentary board chairman Chaudhry Salik Hussain. Members of the parliamentary board, including Tariq Hassan, Dr Muhammad Amjad, Malik Sameen, Kamran Usmani, and Niaz Khaskheli…
ISLAMABAD: In recent years, the annual federal budget of Pakistan has become a stereotypical exercise of repackaging and introduction of new taxes to increase the revenue and rhetoric of austerity measures. It is quite difficult to find any bold or game-changing ideas to go beyond a narrow fiscal umbrella. Interestingly, as preparations for the federal…
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…
Police say driver was taken into custody; he told investigators he fell asleep while driving, leading to the accident A speeding trailer crushed a police mobile van deployed for checking near Chakwal Pump on Super Highway, resulting in the deaths of a sub-inspector and a constable. PHOTO: EXPRESS KARACHI: A speeding dumper truck on Monday…
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…
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…
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…
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…