The government on Tuesday unveiled plan that is aimed at reviving the country’s economy by capitalising on its untapped potential in key sectors and investments from friendly countries. The plan, titled ‘Economic Revival Plan’, was unveiled at a high-level meeting of the government, convened in the “wake of economic hardships being confronted by the country”,...
Category: Pakistan
PM hails ‘outstanding’ Chinese financial support amid ‘inordinate’ delay of IMF loan
Prime Minister Shehbaz Sharif on Tuesday hailed the “outstanding” financial support provided by China amid the “inordinate” delay of the International Monetary Fund’s (IMF) loan program. He expressed his views while addressing a ceremony in Islamabad to sign a memorandum of understanding (MoU) between Pakistan and China for the 1,200 MW Chashma-5 (C-5) nuclear power...
Ex-PTI leaders Fawad, Zaidi, Imran to ‘join’ Jahangir Tareen’s party
LAHORE: As a new political party emerges on the horizon, former Pakistan Tehreek-e-Insaf (PTI) leaders Fawad Chaudhry, Imran Ismail, and Ali Zaidi along with several other former leaders of the party seem set to join hands with Jahangir Khan Tareen — who has been picking up the pieces of the fast-dismantling PTI. Tareen, who —...
Prepare a budget in line with IMF demands, PM Shehbaz directs finance ministry
ISLAMABAD: Prime Minister Shehbaz Sharif has asked the Ministry of Finance to ensure that there is no violation of parameters set by the International Monetary Fund (IMF) in the next budget to be presented on June 9. An informed source said that in a meeting held between the PM and Finance Minister Ishaq Dar on...
PM Office to ‘strictly use only refillable water containers’ from today onwards
On World Environment Day, Prime Minister Shehbaz Sharif directed his office and federal government entities to “strictly use only refillable water containers” as a reflection of his government’s “commitment to fighting pollution”. The premier issued the directives while announcing the federal cabinet’s approval of the “Single Use Plastics Prohibition Regulations 2023”. He added that it...
Ex-Punjab CM Usman Buzdar becomes latest PTI leader to quit politics
Former Punjab chief minister Usman Buzdar Friday became the latest Pakistan Tehreek-e-Insaf (PTI) leader to quit politics in the aftermath of the May 9 violent riots. “First of all, I condemn the May 9 incidents. The military installations which were targeted were properties of the state of Pakistan and I believe we should avoid such...
Parvez Elahi was re-arrested after court orders release
LAHORE: Pakistan Tehreek-e-Insaf (PTI) President Parvez Elahi was arrested again on Friday minutes after an anti-corruption court in Lahore ordered his release in an embezzlement case. The PTI leader has been arrested in a corruption case registered against him in Gujranwala. The PTI leader was arrested a day earlier by the Anti-Corruption Establishment Punjab in...
Govt should consult Supreme Court before legislation concerning judiciary: CJP Bandial
ISLAMABAD: Chief Justice of Pakistan (CJP) Umar Ata Bandial on Thursday said that the government should consult the Supreme Court regarding the legislation related to the judiciary. The top judge’s remarks came during a hearing of the petitions challenging the constitutionality of the Supreme Court (Practice and Procedure) Act 2023, a law that aims to...
LHC declares PTI workers’ detention illegal, orders release
LAHORE: The Lahore High Court (LHC) Thursday declared the detention of Pakistan Tehreek-e-Insaf (PTI) workers illegal and ordered authorities concerned to release them. In the nine-page order, Justice Safdar Saleem Shahid ordered the release of party workers and leaders from 11 districts in Punjab — Lahore, Wazirabad, Jhang, Sheikhupura, Hafizabad, Sialkot, Mandi Bahauddin, Gujarat, Nankana...
Islamabad accountability court grants Imran bail in Al-Qadir Trust case till June 19
An Islamabad accountability court on Wednesday granted PTI Chairman Imran Khan bail in the Al-Qadir Trust case till June 19 against surety bonds worth Rs500,000. The PTI chief arrived at the Federal Judicial Complex shortly after the Islamabad High Court (IHC) directed him to approach a relevant accountability court within three working days. The Al-Qadir...