Listen to the article The International Monetary Fund (IMF) has revised Pakistan’s economic outlook, lowering its gross domestic product (GDP) growth forecast for 2025 to 3% from 3.2% forecast just three months ago. This adjustment is part of a broader global economic assessment presented in the IMF’s “World Economic Outlook Update: Global Growth – Divergent […]
IMF lowers Pakistan’s GDP growth forecast for 2025 to 3% Read More »
Listen to the article Pakistan has sent fact-finding teams to Morocco to investigate a migrant boat tragedy that left dozens dead, officials said. The teams, made up of officials from the Federal Investigation Agency (FIA), the Intelligence Bureau (IB) and the Interior Ministry, will gather evidence and interview survivors to determine the circumstances of the
FIA, IB officials travel to Morocco to investigate migrant boat Read More »
Listen to the article The National Database and Registration Authority (NADRA) has launched a new service in Karachi city, aiming to provide significant convenience to citizens. According to officials, this initiative aims to save residents from the hassle of long waits and queues. The new service will begin on Monday, allowing citizens to benefit from,
Citizens of Karachi to benefit from NADRA’s hassle-free biker service Read More »
Listen to the article ISLAMABAD: The government has decided to eliminate nearly one in four sanctioned posts in the Pakistan Television Corporation (PTV) as part of efforts to reduce losses of the national entity and also approved a new business plan for the public entity. The Ministry of Information on Friday informed the Cabinet Committee
The government cuts 23% of PTV positions Read More »
Listen to the article KARACHI: The Sensitive Price Indicator (SPI), a key indicator of short-term inflation, recorded a weekly decline of 0.39% for the week ended January 16, 2025. However, on an annual basis, the reading has increase. up 1.16%. The decline in the inflation rate compared to the previous week was mainly due to
Short-term inflation falls by 0.39% following the fall in food prices Read More »
Listen to the article ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) is likely to reduce electricity tariffs by Rs 1,035 per unit as part of the monthly fuel price adjustment for December 2024, which will bring some relief to electricity consumers, who pay very high prices. The Central Power Purchasing Agency-Guarantee (CPPA-G) has submitted
A tariff reduction of Rs1.03 is expected Read More »
Listen to the article ISLAMABAD: Talks between the PTI and the ruling PML-N will continue despite the conviction of PTI founder Imran Khan and his wife in a corruption case, PTI Chairman Ali Gohar Khan announced on Friday. “[Talks] will not be interrupted because of this [judgment]”, Gohar quoted Imran as saying shortly after an
Talks with government must continue, says Gohar Read More »
Listen to the article World Bank country director Najy Benhassine on Friday dismissed reports that the international financial institution had criticized Pakistan’s Uraan plan, calling the claims a “misinterpretation.” In a post on social networks X (formerly Twitter), Benhassine spoke of the confusion caused by the articles published on Friday. He clarified that the reports
The World Bank clarifies “criticisms” of the Uraan plan Read More »
Listen to the article KARACHI: Local Government Minister Saeed Ghani said most departments under his ministry pay pensions to retired employees, but unpaid dues from the past remain a huge burden. While speaking during the question hour of the Sindh Assembly session on Friday, the minister accused former Karachi mayor Waseem Akhtar, who belonged to
“The former mayor misused pension funds” Read More »
ISLAMABAD: Following the conviction of Pakistan Tehreek-e-Insaf (PTI) founder Imran Khan and his wife Bushra Bibi in the £190 million Al-Qadir Trust case, all All eyes are now on the Islamabad High Court (IHC) as it prepares to hear appeals against the ruling. The composition of the IHC bench that will handle these appeals will
All eyes are now on IHC Read More »
