Aurangzeb says Pakistan not yet requested additions or changes to its $7b IMF lending programme due to US-Iran war 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 Pakistan is considering Eurobonds, loans from…
Warns remittances not sustainable, urges focus on exports as solar capacity hits 8,000MW ISLAMABAD: Federal Minister for Finance Senator Muhammad Aurangzeb has described Pakistan’s recent Eurobond repayment as a ‘non-event’, reflecting growing international confidence in the country’s ability to meet its external obligations. Addressing a panel discussion on Pakistan’s economy at Harvard University, the finance…
. Chinese Foreign Minister Wang Yi met with Deputy Prime Minister and Foreign Minister Ishaq Dar in Beijing on March 31, 2026. Courtesy: CGTN ISLAMABAD: Chinese Foreign Minister Wang Yi on Monday felicitated Deputy Prime Minister and Foreign Minister Ishaq Dar on Pakistan’s dedicated efforts to promote peace and stability across the region, the Ministry…
Meets financial institutions, US officials, business representatives on sidelines of World Bank–IMF Spring Meetings Finance Minister Muhammad Aurangzeb, held a productive meeting with, Director of the Middle East and Central Asia Department at the International Monetary Fund (IMF) Jihad Azour, along with the IMF mission team to Pakistan, on the sidelines of the World Bank–IMF…
Bilateral trade below $1b as KCCI proposes direct flights, enhanced banking channels KARACHI: Bangladesh High Commissioner Md Iqbal Hussain Khan has stated that relations between the two countries are witnessing positive momentum, reflecting a strong commitment by both governments to strengthen bilateral ties, according to a statement issued on Monday. Speaking during his visit to…
Cruise missiles flew for about 7,869 to 7,920 seconds, anti-warship missiles for about 1,960 to 1,973 seconds The latest launches are North Korea’s fourth and fifth known ballistic missile tests this year [AFP] North Korea conducted another test of strategic cruise missiles and anti-warship missiles on Sunday as part of operational efficiency trials of its…
LAHORE: Punjab Assembly’s Standing Committee on Local Government and Community Development has made a significant step by setting 18 years as the minimum legal age of marriage for both boys and girls across the province, abolishing the earlier provision that had permitted the girls for marriage at the age of 16. The committee unanimously approved…
ISLAMABAD: Pakistan’s struggling salaried class paid Rs420 billion in income tax in just nine months of this fiscal year, while the real estate sector contributed Rs197 billion despite overall sluggish activity during the past two years, according to provisional data compiled by the Federal Board of Revenue (FBR). The salaried class’s economic hardships have heightened,…
US President Donald Trump speaks to the media before boarding Air Force One on his way to Virginia, at Joint Base Andrews in Maryland, US, April 10, 2026. PHOTO: REUTERS ROME: Pope Leo XIV said on Monday he was not afraid of the US administration and would continue speaking out against war, after US President Donald Trump’s…
KARACHI: President Asif Ali Zardari on Monday noted that Pakistan’s cooperation with China presents an important opportunity to modernise infrastructure, strengthen industrial capacity and advance socio-economic development. The president received a detailed briefing on the implementation of the Memoranda of Understanding (MoUs) signed during his recent visits to the People’s Republic of China. The briefing,…