Surging M2 undermines export competitiveness

Fiscal financing, credit expansion, bank deposits boosted by remittances expand broad money supply ISLAMABAD’: Pakistan’s export sector continues to underperform despite repeated currency depreciations, IMF-supported stabilisation and periodic policy interventions. Merchandise exports have largely remained between $28-32 billion over the past four years. Exports reached $32.1 billion in FY2025, but declined 6.8% to $30.13 billion…

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Protest demands Torkham reopening

Demonstrators warn of indefinite sit-in if pedestrian movement and trade are not restored KHYBER: A large protest gathering was held at Bacha Khan Chowk in Landi Kotal tehsil of Khyber district against the nearly 10-month closure of the Torkham border. Political and social activists, tribal elders, members of the trading community, customs clearing agents, transporters,…

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The pension time bomb

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…

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PTI plans next phase of struggle

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…

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Three minor girls drown

. 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…

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Suicide blast hits Swat police station

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…

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Pakistan’s first food, agriculture museum planned at UAF

. 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…

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CCTV maps Wafflix owner’s final hours

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…

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