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…
Govt may allocate funds in budget to cope with natural disasters, other such expenses 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…
Tennis player Alexander Zverev in the quarter finals of the French Open against Spanish opponent Rafael Jodar. Photo: AFP PARIS: Alexander Zverev is hoping it will be fourth time lucky as he again targets a first Grand Slam title in Sunday’s French Open final, facing Italian 10th seed Flavio Cobolli. The 29-year-old German was widely…
EU says it will step up exchange of information between its 27 member states to better combat hantavirus A test tube labelled “Hantavirus positive” label and World Health Organization logo are seen in this illustration taken May 7, 2026. REUTERS France’s health minister said on Thursday that 26 people in France identified as close contacts…
Initiative will save 360,000 litres of diesel imports annually, ease pressure on forex KARACHI: In a move towards industrial energy self-reliance, Pakistan’s HubSalt has signed a first-of-its-kind agreement with Chinese firm Livoltec to install a hybrid solar and battery storage system. The agreement was signed in Karachi by Hub Salt CEO Ismail Sattar and Livoltec’s…
. The writer holds an MBA, an MSc in IT from the University of Glasgow, and legal education from the King’s Inns, focusing on social issues and public policy. Email: mehmoodatifm@gmail.com Dowry is one of those things people in South Asia still defend with a straight face, and honestly, that has always confused me. Travel…
Market analysts caution that IMF-related measures in the upcoming FY2026 budget—particularly new taxes and adjustments in energy prices—may lead to a renewed spike in inflation. PHOTO: FILE KARACHI: Pakistan’s weekly inflation rose 14.47% year-on-year for the period ended May 21, 2026, as spillover effects from the US-Israel conflict with Iran continued to drive up fuel,…
The sell-off triggered by stalled US-Iran talks, which kept Hormuz closed after attack on UAE nuclear power plant Pakistan Stock Exchange (PSX) plunged on Monday in line with the broader global market downturn amid mounting fears of inflation as the global oil crisis deepened. The sell-off was triggered by stalled US-Iran talks, which kept the…
. GILGIT: Joint patrol exercises were conducted between the Khunjerab Security Force (KSF) and the Chinese military at the Khunjerab Pass border in Hunza. The purpose of the joint activity was to further strengthen Pakistan-China border security, promote mutual cooperation, and reinforce friendly relations between the two neighboring countries. Security forces from both sides demonstrated…
US officials have indicated they hope the Section 301 investigations will be completed before that deadline. PHOTO: PEXELS ISLAMABAD: A meeting was held between the Member of the Board – Minister in charge of Trade of the Eurasian Economic Commission, Andrey Slepnev, and the Federal Minister for Commerce, Jam Kamal Khan, in a videoconference format….