‘Uncertain monsoon threatens agriculture’

ISLAMABAD: Experts have cautioned that an uncertain monsoon pattern could pose risks to Pakistan’s agricultural sector and broader economic stability, emphasising the need for proactive climate risk management during a policy dialogue hosted by the Pakistan Institute of Development Economics (PIDE). PIDE Registrar Dr Nasir Iqbal said climate change had emerged as a cross-cutting economic…

Read More

IHC restrains NHA from collecting 50pc additional toll on M-Tag violations

Court halts additional toll until Aug 3, seeks replies from NHA and communications ministry The Islamabad High Court (IHC) on Friday restrained the National Highway Authority (NHA) from collecting an additional 50% from motorists travelling without an M-Tag or with insufficient M-Tag balance, suspending the authority’s notification until the next hearing on August 3. The court…

Read More

Minister vows swift CPF execution with provinces

Cheema assures World Bank of policy continuity, effective implementation of reforms ISLAMABAD: Federal Minister for Economic Affairs Ahad Cheema has assured the World Bank that the federal government is closely coordinating with all provincial governments to effectively implement the 10?year Country Partnership Framework (CPF) for Pakistan, which includes $20 billion for development projects and reform…

Read More

Fuel supply stable, retail data lags

Cabinet told diesel stocks provide 25 days cover as Ogra dashboard faces reporting shortfall ISLAMABAD: The Cabinet Committee to Monitor Petrol Prices met on Monday under the chairmanship of the Federal Minister for Finance and RevenueMuhammad Aurangzeb to review the petroleum supply situation and market conditions following the recent price adjustment, according to a statement…

Read More

Opp rifts ahead of anti-govt protest

ISLAMABAD: Major opposition political parties are gearing up for protests against the government over the rising inflation on Friday but they are unable to join hands as Tehreek-e-Tahafuz Ayeen-e-Pakistan (TTAP), Jamiat Ulema-e-Islam (F) and Jamaat-e-Islami (JI), announced their separate plans, highlighting lack of unity among their ranks. Some of the parties openly expressed their lack…

Read More

Shopping malls, markets to close at 8pm in Sindh under austerity drive

Essential services, including medical stores, hospitals and petrol pumps exempted from restrictions A shopkeeper stands outside his shop while waiting for customers, ahead of Eid al-Fitr celebrations in Karachi, Pakistan April 19, 2023. PHOTO: REUTERS KARACHI: The Sindh government announced new operating hours for markets, restaurants, and wedding halls on Friday under austerity measures aimed…

Read More