NA passes budget to secure crucial IMF funding
June 25, 2023
7:56 pm
The revised budget aims for an additional Rs215 billion in tax revenue alongside a cutback of Rs85 billion in public spending for the upcoming fiscal year.
The revised budget aims for an additional Rs215 billion in tax revenue alongside a cutback of Rs85 billion in public spending for the upcoming fiscal year.
According to the head of US intelligence, there is no indication that the Covid-19 virus was generated in the Chinese government’s Wuhan research lab.
Eleven individuals were injured on Cathay Pacific’s (0293.HK) aircraft CX880 at Hong Kong’s international airport early Saturday when the carrier aborted takeoff due to a technical issue, according to a statement from Cathay Pacific.
ISLAMABAD: Bilawal Bhutto Zardari, Chairman of the Pakistan Peoples Party and Foreign Minister, testified on Friday that he had never seen anyone work as hard as Prime Minister Shehbaz Sharif.
KARACHI: Federal Minister for Maritime Affairs Faisal Sabzwari announced on Friday that the UAE’s Abu Dhabi Ports (AD Ports) will pay $50 million upfront to the Karachi Port and will invest $102 million in expansion over the next three to five years, as part of a deal reached between AD Ports and the Karachi Port Trust (KPT).
Foreign Minister Bilawal Bhutto Zardari emphasised on Friday the need of the country staying out of the politics of world powers and instead focusing on resolving its own economic challenges in order to achieve its international ambitions.
As an apex court bench resumed hearing petitions against the trial of civilians in military courts in connection with their involvement in the May 9 violence, Attorney General for Pakistan (AGP) Mansoor Awan informed the Supreme Court on Friday that 102 people were in the army’s custody, none of whom were juveniles or women.
According to the Pakistan Bureau of Statistics, inflation in Pakistan remained high at 34.05% on an annual basis.
After finishing his tour of France, Prime Minister Shehbaz Sharif arrived in London on a private visit.
Pakistan and the International Monetary Fund (IMF) narrowed their disagreements on Friday after Islamabad pledged to make budget revisions and immediately lift import restrictions.
ISLAMABAD: Foreign Minister Bilawal Bhutto Zardari will travel to Japan on July 2-3 at the request of Japanese Foreign Minister Hayashi Yoshimasa, according to FO Spokesperson Mumtaz Zahra Baloch.
According to ARY News, Prime Minister Shehbaz Sharif would fly from France to London on Friday (today) to meet PML-N supremo Nawaz Sharif.
