Friday, August 3rd, 2018
US massively cuts Pakistan’s security aid, ends conditions
WASHINGTON, (DNA) – : The United States (US) Congress has passed a $716.3 billion defense authorization bill, significantly slashing the security aid to Pakistan to $150 million per year. The security-related aids have been around $750 million to $1 billion until now. The bill, however, eased certain conditions that were linked with the financial assistance, including action against the Haqqani Network and the Lashkar-e-Taiba (LeT). The National Defense Authorization Act (NDAA) passed in the Senate a week after clearing the House of Representatives has been sent to the White HouseRead More
APC decides to be tough on PTI
ISLAMABAD, (DNA) – The All Parties Conference (APC) of the opposition, while deciding to give tough time to Pakistan Tehreek-e-Insaf (PTI) and its allies inside and outside parliament, on Thursday also took the decision of fielding joint candidates for slots of prime minister, speaker and deputy speaker and also constituted an action committee to chalk out its future plan of action. Senator Sherry Rehman while briefing newsmen said that the APC decided that the PML-N would field its candidate for the seat of the prime minister while candidates for electionRead More
Imran and the IMF: Pakistan’s bailout dilemma
ISLAMABAD, (DNA) – Once Pakistan’s election winner Imran Khan forms a government, there will be little time to bask in his triumph: the country’s next prime minister will inherit a critical economic situation, and analysts say he must act fast. The new leadership may be forced to seek a bailout from the International Monetary Fund (IMF) in the coming weeks. Here are some questions and answers about Pakistan’s predicament: What is the problem? Pakistan is on the verge of a balance-of-payments crisis, which threatens the stability of its currency and itsRead More
NAB summons Imran Khan ahead of oath-taking ceremony
ISLAMABAD, (DNA) – Pakistan Tehreek-e-Insaf chairman and the Prime Minister in Waiting, Imran Khan has been summoned by the National Accountability Bureau in use of state-owned helicopter case. The Prime Minister-elect has been asked to appear before the bureau on August 7, days before he is scheduled to take the oath of his office. According to the details, Imran Khan had been alleged to have used the chopper of Khyber Pakhtunkhwa government for 74 hours. The senior bureaucrats of the province including the former Chief Minister Pervaiz Khattak had already recordedRead More
Another blow to Sharifs as Pakistan contacts Interpol to arrest Hassan, Hussain
ISLAMABAD, (DNA) – The Federal Investigation Agency (FIA) on Thursday has written a letter to Interpol to issue red warrants for former prime minister Nawaz Sharif’s sons Hassan and Hussain Nawaz. Sources said that the letter to Interpol has been written by FIA after getting approval from interior ministry. Hassan and Hussain Nawaz were formally declared proclaimed offender and a Pakistani court had issued permanent arrest warrants against them. Sources said that the FIA has requested Interpol to issue red warrants for both Hassan and Hussain Nawaz as they wereRead More