The finance ministry has admitted that “public debt dynamics remained a key challenge” during the last fiscal year, as the increase in total public debt was “driven mainly by higher interest payments and exchange rate movements”. Photo: file ISLAMABAD: Pakistan’s economic debate is often confined to technical discussions – interest rates, fiscal deficits, taxation, and…
NAROWAL: Federal Minister for Planning Ahsan Iqbal said that if the Iran-US war had continued, oil prices would have surged beyond Rs600 per litre and the economies of 193 countries would have collapsed. “Today, Pakistan’s leadership is not only a benefactor of Pakistan but of 193 countries,” Iqbal said on Sunday while addressing a ceremony…
PSL trophy symbolises cricket’s enduring values as discipline and respect remain central to success. Photo: PSL/FILE KARACHI: Whether it’s cricket or any other sport, sports bring players respect, wealth, and fame. But the moment you start neglecting the game itself and begin to consider yourself bigger than it, the same game can turn ruthless. Past…
Information ministry establishes facility at Jinnah Convention Centre as journalists arrive in federal capital Picture from inside the Media Facilitation Centre established by the Information Ministry at the Jinnah Convention Centre for foreign journalists arriving to cover the Islamabad talks. PHOTO: SCREENGRAB The government has established a Media Facilitation Centre at the Jinnah Convention Centre…
. LAHORE: Two maintenance workers were rescued after falling unconscious inside a sewer manhole in DHA. According to Rescue 1122, the Emergency Command and Control Centre received information that the workers had collapsed inside a manhole in X Block due to toxic gases. Rescue teams reached the site. Officials said one worker had gone into…
Fitch on Monday kept Pakistan’s highly speculative credit rating of B negative unchanged against hopes for an upgrade and said that Islamabad’s role as a “ceasefire broker” will partly offset external account pressures despite $3.5 billion bilateral debt repayments this month. The rating agency first said that Pakistan has “repaid” $3.5 billion to the United…
. AUCKLAND: New Zealand on Saturday defended the actions of a military patrol aircraft flight near China after Beijing said it had undermined its security interests. China’s foreign ministry said on Friday that a New Zealand P-8A patrol aircraft had “conducted continuous close-in reconnaissance and harassment in the airspace and waters of the Yellow Sea…
Both sides express concern over broader implications on global economy, especially for developing countries Deputy Prime Minister and Foreign Minister Mohammad Ishaq Dar held a telephone conversation with Australian Foreign Minister Penny Wong on Sunday, April 20th, 2026. Australian Foreign Minister Penny Wong on Monday praised Pakistan’s “constructive role” in facilitating dialogue between Iran and…
Prior to attack, Israel issued warning to three Red Sea ports ie Ras Isa, Hodeidah, and Salif ports. Listen to article WORLDWIDE: Israel attacked Yemen’s Hodeidah province with airstrike after telling residents of three Red Sea ports under Houthi control to evacuate, according to the Houthi-run interior ministry. The warning named Ras Isa, Hodeidah, and Salif ports, which…
LAHORE: Every few years, Pakistan finds itself at the edge of an economic breakthrough that never actually arrives. The country has the geography, youth, market size and increasingly the geopolitical relevance, yet foreign investors remain hesitant, the domestic industry stays frustrated and growth continues to punch well below its potential. The question being asked more…