Pakistan has been named the incoming chair of the Boards of Governors of the International Monetary Fund (IMF) and the World Bank Group (WBG) for next year, for the first time since 1953, the Ministry of Economic Affairs said on Friday. Federal Minister for Economic Affairs Ahad Khan Cheema, who is also Pakistan’s governor to...
Category: Pakistan
IHC seeks PTI response in case about Imran’s X account
ISLAMABAD: The Islamabad High Court (IHC) on Thursday granted PTI interim chairman Barrister Gohar Ali Khan additional time to submit a written response to a petition seeking a ban on party founder Imran Khan’s official X account, adjourning the hearing until Nov 23. Justice Arbab Muhammad Tahir heard the petition, filed by Ghulam Murtaza, while...
Teacher, 32 students killed in Peshawar school roof collapse
PESHAWAR: At least 33 people, including 32 students and a female teacher, were killed when a school roof collapsed in the provincial capital’s Afridi Abad area on Thursday. Lady Reading Hospital (LRH) spokesperson Muhammad Asim told Dawn that the death toll had risen to 33 from an earlier figure of 28. The deceased included 32 students aged...
Emergency imposed in KP as its security situation was becoming threat to ‘national security’: minister
Law Minister Azam Nazeer Tarar on Wednesday explained before the National Assembly that emergency was imposed in Khyber Pakhtunkhwa as the security situation there was becoming a threat to “national security”. The question hour session was suspended due to discussions on the imposition of emergency in KP. Unexpectedly, opposition members are sitting calmly and staging...
At least 4 killed, over 40 injured as Peshawar-bound train derails in Punjab’s Multan district
LAHORE: At least four people were killed and more than 40 were injured when the Peshawar-bound Rehman Baba Express derailed near Sher Shah Railway Station in Multan district on Tuesday. Minister for Railways Hanif Abbasi confirmed the death of four passengers in the incident. The minister also appointed the federal government inspector of railways (FGIR)...
Govt says people of KP ‘welcomed’ governor’s rule as it gave them ‘hope’
Information Minister Ataullah Tarar on Tuesday claimed that the people of Khyber Pakhtunkhwa had “welcomed” the federal government’s move to impose governor’s rule and emergency in the province, saying the measures had given them “hope”. The federal government on Sunday imposed an emergency in 12 districts of KP, and placed the province under governor’s rule, taking note...
PM Shehbaz condemns fresh Houthi attacks on Saudi Arabia, reiterates commitment to kingdom’s security under Makkah pact
Prime Minister Shehbaz Sharif on Friday condemned recent Houthi attacks on Saudi Arabia, reiterating Pakistan’s commitment to the Gulf state’s “sovereignty, territorial integrity and security” under the Makkah Defence Alliance. The defence pact, of which Turkiye is also a part, was signed on August 7 and aims to strengthen collective deterrence and empower its signatory states...
Archaeologists discover ancient structure at Jandial in KP near Sirkap
A previously unstudied, ancient structure measuring nearly 100 metres long and 50 metres wide has been discovered at Jandial in Khyber Pakhtunkhwa’s Khanpur-Taxila region. The discovery has opened “new avenues for understanding the history and urban landscape of Gandhara”, a press release said on Friday. The monument, identified as Jandial D, lies opposite the famous Ionic...
DG ISPR says Pakistan acting as an ‘honest broker’ in US-Iran war
Inter-Services Public Relations (ISPR) Director General Lieutenant General Ahmed Sharif Chaudhry has said Pakistan is acting as an “honest broker” while mediating between the United States and Iran, reiterating the commitment to a “negotiated and peaceful” outcome. The military’s spokesperson made the remarks in an interview with CNN correspondent Ivan Watson, who posted a small clip of...
Pakistan, IMF reach staff-level agreement for $1.2bn tranche
ISLAMABAD: The International Monetary Fund (IMF) on Thursday reached a staff-level agreement (SLA) with the Pakistani authorities on the fourth review under the $7 billion Extended Fund Facility (EFF) and the third review under the $1.4bn Resilience and Sustainability Facility (RSF), qualifying Pakistan to draw about $1.2bn from the Fund’s resources within four to five...