$750m Eurobond deal questioned

ISLAMABAD: A member of the National Assembly has raised questions about whether any competitive process was followed to borrow $750 million against Eurobonds, as details show the finance ministry had also received an offer for a $1 billion loan at a 0.2% higher rate but with a five-year maturity period. The government took a $750…

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BISP staffing anomaly under scrutiny

ISLAMBAD: The Benazir Income Support Programme (BISP) has yet to approve its service structure despite being in operation for 18 years, with employees ranging from directors to drivers still serving on deputation, officials informed the National Assembly Standing Committee on Poverty Alleviation and Social Safety on Thursday. The committee directed BISP to submit a summary…

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Ziarat martyrs’ heirs get Rs11.1m each

QUETTA: The Balochistan government has issued release orders for the payment of Rs1.11 crore in compensation to the legal heirs of each police personnel martyred in Ziarat. This was announced by Shahid Rind, Special Assistant to the Chief Minister of Balochistan for Information and Political Affairs, in a statement issued on Friday. Rind said all…

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PM calls for restraint, regional peace in in calls with Iranian president, Qatari emir

Urges all parties to avoid steps that could undermine recent peace gains. PM Shehbaz calls for restraint, regional peace in in calls with Iranian president, Qatari emir Prime Minister Shehbaz Sharif on Friday urged restraint and called for the immediate restoration of peace and stability in the region during separate telephone conversations with Iranian President…

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England clinch T20Is against India

England captain Harry Brook and Phil Salt celebrate after scoring the winning runs in a nine-wicket victory over India in the fourth T20 at Bristol. Photo: AFP LONDON: England captain Harry Brook led the way as his side thrashed India by nine wickets at Bristol on Thursday to secure a dominant series win over the…

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Hanna Urak sit-in ends after talks

CM Bugti promises compensation, jobs and education for victims’ families; all abductees recovered QUETTA: The five-day protest sit-in on Quetta’s Airport Road against the Hanna Urak tragedy was peacefully called off on Friday following successful negotiations between Balochistan Chief Minister Mir Sarfraz Bugti and the protest committee. Participants immediately removed their protest tents and camps after…

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