IMF programme limits tax relief

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 ISLAMABAD: The government may not be able to provide any significant tax relief to all the affected…

Read More

Pak name squad for Women’s T20 WC

Fatima Sana will lead Pakistan women’s team in the tri-series in Ireland and the upcoming ICC Women’s T20 World Cup 2026 in England and Wales, the PCB announced today. The Women’s National Selection Committee has named a 15-member squad for both tournaments. Pakistan will feature in a tri-series in Ireland, where hosts Ireland and West…

Read More

Armed Israeli occupier storms Palestinian school, chases students in occupied West Bank

Video circulating on social media shows Israeli occupier raiding schoolyard as students fled in attempt to seek safety Palestinian schoolchildren holding banners. PHOTO: ANADOLU AGENCY An Israeli occupier drove his vehicle into a schoolyard on Tuesday in the town of Silat ad-Dhahr, south of Jenin in the northern West Bank, and chased students while brandishing…

Read More

ADB approves $700m loan for Pakistan insurance reforms

A worker walks past inside the Asian Development Bank (ADB) headquarters in Manila. Photo: Reuters/ File The Asian Development Bank (ADB) on Thursday approved a $700 million policy-based loan to support reforms aimed at strengthening insurance in Pakistan. The program seeks to expand insurance coverage and reduce protection gaps. It will also help stimulate private…

Read More

Zardari underscores industrial cooperation with China during Hunan visit

Says Pakistan and China should deepen collaboration in construction machinery, digital manufacturing, energy sectors President Asif Ali Zardari on Sunday underscored the need to promote industrial technology, skills development and joint ventures with China, saying such partnerships could significantly support Pakistan’s infrastructure and industrial growth. The president, who is on a week-long visit to China’s…

Read More

Rs85b PIA deal at final stage

All domestic and international approvals required for the transaction have been completed ISLAMABAD: Pakistan International Airlines (PIA) is likely to be handed over to a new buyer by the end of June as the privatisation process enters its final stage, according to sources in the Privatisation Commission. All domestic and international approvals required for the…

Read More

Bulgaria’s pro-Russian former president set for landslide election win, exit polls show

Radev’s Progressive Bulgaria secures 44% in exit polls, far ahead of long-dominant GERB party at 12.5% Rumen Radev. PHOTO: PBS NEWS Pro-Russian former president Rumen Radev is set for a runaway victory in Bulgaria’s election and may even secure a parliamentary majority, exit polls showed, potentially ending years of weak coalition governments and altering the…

Read More