KARACHI: For the past few years, we have been celebrating this so-called period of “stabilisation”, characterised by the temporary compression of current account deficits, primary fiscal surpluses and corrections of inflationary pressures under multilateral adjustment programmes. This stabilisation, which remains highly vulnerable to geopolitical shocks, global commodity spikes and climate catastrophes, has been achieved after…
“We remind them that, whether in times of war or peace, only the Islamic Republic of Iran can establish security in this strait and will not permit any country to interfere in such matters,” said Gharibabadi. PHOTO: IRNA Iran and Oman have conducted the first meeting of a joint committee on the Strait of Hormuz in…
Prime Minister Shehbaz Sharif addresses the National Assembly in Islamabad on Friday. Photo: X Prime Minister Shehbaz Sharif on Monday expressed sorrow over a helicopter crash in Saudi Arabia’s Ras Tanura yesterday that claimed the lives of 14 Saudi nationals, extending Pakistan’s condolences to the Saudi leadership and the bereaved families. In a post on…
KARACHI: Pakistan’s economic debate is often dominated by familiar indicators: inflation, foreign exchange reserves, fiscal deficits and IMF programmes. While these metrics are important, they reveal little about the country’s long-term development trajectory. A more fundamental question is whether Pakistan is unconsciously transitioning towards a remittance-dependent economic model. The evidence increasingly suggests that it is….
ISLAMABAD: ISLAMABAD Minister for Maritime Affairs Muhammad Junaid Anwar Chaudhry on Sunday said the Karachi Port Trust (KPT) had achieved the highest annual cargo handling volume in its 138-year history, describing the milestone as a reflection of the growing maritime sector and improved port efficiency. The minister said KPT had surpassed its previous all-time cargo…
ISLAMABAD: The passage of the 2026-27 annual budget last week heralds two significant tax reforms that could reshape the fiscal landscape. The first is the continuation of the ambitious tariff reforms initiated last year, with a focus on reducing import duties as scheduled in the second year of the National Tariff Policy 2025-30. The second…
The National Paigham-e-Aman Committee’s model for peace, inclusion and national solidarity ISLAMABAD: Peace is not merely the absence of conflict; it is the presence of justice, mutual respect, responsible leadership and a shared national purpose. In an increasingly polarised world, lasting peace cannot be secured through legislation alone, instead it requires dialogue, trust and collective…
People enjoy water sprayed by a police water cannon in front of the Olympic stadium during the ongoing heatwave in Berlin. Photo: REUTERS GENEVA/ PARIS: The World Health Organization (WHO) has recorded around 1,300 more deaths than expected in the past week, with more than 1,000 recorded in France alone, as tens of millions brave…
. KARACHI: An injured terrorist arrested following the attack on a Pakistan Rangers, Sindh, camp in Karachi has claimed that he and his accomplices entered Pakistan from Afghanistan after receiving training there, admitting that the banned Jamaat-ul-Ahrar (JuA) planned and coordinated the operation from across the border. According to sources, the suspect, during interrogation, identified…
The funeral prayers for the martyred Rangers personnel are being offered in Karachi. Photo: Express ISLAMABAD: Security forces on Sunday killed 29 terrorists during intelligence-based ground operations and precision strikes carried out under the Operation Ghazb Lil Haq following recent terrorist attacks in Khyber-Pakhtunkhwa, Balochistan and the Pakistan Rangers camp in Karachi. In a post…