The pension time bomb
ISLAMABAD: As the national pension bill threatens to consume development budgets, a transition to decentralised,…
ISLAMABAD: As the national pension bill threatens to consume development budgets, a transition to decentralised, privately managed Defined Contribution funds offers a sustainable lifeline for Pakistan’s economic future. Deep within the ledgers of Pakistan’s federal and provincial budgets lies a ticking time bomb. It is not an external debt obligation, nor is it a sudden…
PESHAWAR: Khyber-Pakhtunkhwa Information and Public Relations Minister Shafi Jan has said that Pakistan Tehreek-e-Insaf (PTI) exhausted every constitutional, legal and democratic avenue to secure the release of its founder Imran Khan from what it calls unlawful detention. With justice still denied, the party will now launch the next phase of its peaceful political struggle through…
. Rescue 1122. PHOTO: ONLINE SHANGLA: Three minor girls drowned after being swept away by the strong currents of the Indus River while bathing in the Jhatkol area of Shangla. According to Rescue 1122, the victims, aged between 10 and 15 years and residents of Jhatkol village, entered the river to bath when they were…
Fifteen people, including six policemen, martyred Over 25 people injured in powerful explosion Swat DC declares TERROR ATTACK: People evacuate an injured victim after a suicide bombing in Swat. PHOTO: AFP SWAT: At least 15 people, including police personnel, were martyred and more than 20 others injured on Sunday in a suicide bombing outside a…
. FAISALABAD: Pakistan’s first Food and Agriculture Museum is being established at the University of Agriculture Faisalabad (UAF) to preserve the country’s agricultural heritage and showcase the evolution of farming from traditional practices to modern technologies. The project was discussed during the third Joint Technical Meeting chaired by Punjab Higher Education Commission (PHEC) Chairperson Prof…
Investigators remain divided between murder and suicide as family insists he was killed CANDLES FOR JUSTICE: Citizens hold a candlelight vigil demanding justice for Mir Raza Ali. Mourners gathered under the night sky, holding placards and lit candles as they called for a transparent investigation. PHOTO: EXPRESS KARACHI: Fresh CCTV footage has provided investigators with…
Lack of resources cited as cause behind urban flooding, substantial damage to infrastructure esidents of Dhoke Chirag Din continue to dump garbage along Nullah Leh’s banks in Rawalpindi, defying Section 144 imposed by the city administration. PHOTO: ONLINE RAWALPINDI: A financial crisis has affected pre-monsoon desilting and widening of the 20-kilometre Nullah Leh and 13…
Iranian Ambassador Reza Amiri Moghadam has said the stature and reputation of Iran-Pakistan relations stand as high as the majestic peaks of Damavand and K2, Radio Pakistan reported on Sunday. In a message posted on social media platform X, the envoy observed that the brotherly relations have reached such a level that no challenge, phenomenon,…
There are apprehensions that some exporters keep part of their proceeds overseas by understating the value of their goods or bringing some as exports of services to avoid income tax, according to sources. photo:file KARACHI: The US-Iran war is clouding positive developments for Pakistan, including the S&P Global’s upgrade of the sovereign rating from B-…
Film lands second-biggest opening in history with North America earnings of $355m Spider-Man: Brand New Day has delivered one of the biggest box office debuts in cinema history, earning a staggering $355 million in its opening weekend across North America to secure the second-largest domestic opening of all time, behind only Avengers: Endgame. The Marvel…