Lyari resettlement plan faces corruption allegations

Affectees have been deprived of their rightful land amid fraud, weak oversight in housing scheme A section of the Lyari Expressway near Civic Centre and Essa Nagri. PHOTO: AYSHA SALEEM/EXPRESS The National Accountability Bureau (NAB) has initiated an investigation into alleged corruption worth millions of rupees in the Lyari Expressway Resettlement Project, which was launched…

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SBP reserves rise $13m

KARACHI: The foreign exchange reserves held by the State Bank of Pakistan (SBP) increased $13 million to $17.04 billion during the week ended on July 31, 2026, according to data released by the central bank on Thursday. Pakistan’s total liquid foreign currency reserves stood at $22.47 billion by the end of July, of which the…

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FinMin, businessmen discuss reforms

Finance Minister Muhammad Aurangzeb in an interview at the World Bank Spring Meetings 2026 with China Global Television Network’s program “The Heat”. PHOTO: SCREENGRAB ISLAMABAD: Federal Minister for Finance Muhammad Aurangzeb held a meeting with Federation of Pakistan Chambers of Commerce and Industry (FPCCI) President Atif Ikram Sheikh and FPCCI’s Policy Advisory Board Chairman Zahid…

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SBP reserves rise by $18m to $15.10b

State Bank of Pakistan. Photo: File KARACHI: The State Bank of Pakistan’s (SBP) foreign exchange reserves increased by $18 million during the week ended April 17, 2026, reaching $15.097 billion, according to official data released on Thursday. Overall, the country’s total liquid foreign reserves stood at $20.628 billion. Breakdown shows the SBP-held reserves at $15.097…

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Exhibit highlights Hazara’s artistic talent

A vibrant art showcase at Jalal Baba Auditorium highlights Hazara’s rich talent, fosters young artists’ growth and strengthens Abbottabad’s cultural identity through inclusive exhibitions and creative collaboration. PHOTOS: EXPRESS ABBOTTABAD: A vibrant art exhibition organised by the Abbottabad Academy of Performing Arts (AAPA) renewed optimism among artists, students, and art enthusiasts across Hazara Division, underscoring…

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IMF MD appreciates Pakistan’s reform progress and macro stability

FinMin holds series of high-level meetings, multilateral engagements at IMF–World Bank Spring Meetings 2026 IMF MD meets Finance Minister Muhammad Aurangzeb at the IMF–World Bank Spring Meetings 2026. PHOTO: Radio Pakistan International Monetary Fund (IMF) Managing Director Kristalina Georgieva on Thursday appreciated Pakistan’s ongoing economic reform progress during her interaction with Finance Minister Muhammad Aurangzeb…

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Déjà vu

I am reviewing my writings from the past eighteen years these days to compile them for a forthcoming book on Pakistan's fight against terror and wars in Afghanistan. It pains me to note we haven't progressed at all from where and how we were when these lines were first written and appeared in the press….

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Exports decline 7.14% in nine months

ISLAMABAD: Pakistan exported goods worth Rs6,393 billion during the first three quarters (July-March) of the current fiscal year (2025-26), a decline of 7.14% compared with Rs6,884 billion in the same period last year, according to the Pakistan Bureau of Statistics (PBS). In March alone, exports amounted to Rs635.5 billion, down 0.17% from February and 14.21%…

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