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…
ISLAMABAD: Pakistan on Sunday stepped up its diplomatic engagement with key regional and international players as fresh exchanges of fire between Iran and the United States threatened to unravel the fragile ceasefire and jeopardise the implementation of the Islamabad Memorandum of Understanding (MoU). Deputy Prime Minister and Foreign Minister Ishaq Dar held a series of…
KARACHI: The Sindh Assembly on Sunday night approved Rs3.652 trillion budget for the 2026-27 financial year after rejecting 1,600 cut motions moved by the opposition, while also authorising Rs165 billion in supplementary grants. The House also passed the Sindh Finance Bill, under which no new taxes have been imposed. Instead, the government has rationalised and…
Iran fires missiles at Bahrain and Kuwait Trump threatens overwhelming military response Shipping and diploma DUBAI/WASHINGTON: The fragile Pakistan-brokered peace process between the United States and Iran came under severe strain on Sunday as both sides exchanged fresh military strikes, accused each other of violating an interim ceasefire agreement and threatened further…