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Saturday, March 25th, 2023

 

Pakistan approaches Saudi Arabia, UAE to meet IMF conditions

ISLAMABAD, Mar 25 (DNA): The Pakistani government has approached Saudi Arabia and United Arab Emirates (UAE) to meet International Monetary Fund (IMF) conditions. As per details, the Prime Minister’s Office and Finance Ministry officials have contacted the Saudi Arabian and UAE officials but so far no response has been received yet. The IMF has demanded Pakistani government get a written guarantee from the friendly countries for the deposit. Sources said that Saudi Arabia and UAE have sought some time to assure the IMF regarding the deposit and did not respondRead More


PTI challenges postponement of Punjab, KP elections in SC

ISLAMABAD: The PTI has challenged the election commission’s decision to change the date of election in Punjab and KP, reported on Saturday. Punjab and KPK assemblies’ speakers Sibtain Khan and Mushtaq Ghani have filed a joint constitutional petition on behalf of the Pakistan Tehrik-i-Insaf. Assad Umar, Mian Mehmood ur Rasheed and Abdul Rehman have been among joint petitioners. The federation, Punjab and KPK have been made parties along with the ministry of parliamentary affairs, ministry of law and the cabinet in the PTI petition. A contempt of court petition hasRead More


Shehzad Elahi clarifies he was not asked to quit as AGP

Barrister Shehzad Ata Elahi on Saturday clarified that it was “absolutely incorrect” that he was asked to resign as Attorney-General for Pakistan a day after the media reported he had quit the top law office. In a clarification sent to Dawn.com, Barrister Elahi confirmed that he had resigned, but rejected reports that he was asked to resign. The timing of his resignation — just a little over a month after he was appointed — is significant as it comes ahead of a looming legal battle on the delayed elections inRead More


Quetta court grants bail to Imran’s nephew Hassaan Niazi

Quetta, MAR 25: A sessions court in Quetta on Saturday approved the bail of Hassaan Niazi, the nephew of PTI Chairman Imran Khan, in a case related to misbehaving with police officials. Niazi, the nephew of PTI Chairman Imran Khan, was arrested earlier this week in Islamabad on charges of intimidating and obstructing police officers from discharging their duties. He was later handed over to Quetta police on one-day transitory remand after a case was filed against him at Airport Police Station. The Quetta police registered an FIR against PTIRead More


Defiant Imran says will not back off ‘under any circumstance’ ahead of Minar-i-Pakistan rally

Lahore, MAR 25: As PTI Chairman Imran Khan reached a Lahore Anti-Terrorism Court (ATC) on Saturday to secure interim bail in three terrorism cases, he told reporters that a “reaction” to the “atrocities done to the PTI” would come from the public today at the party’s Minar-i-Pakistan rally and urged supporters not to back off “under any circumstance”. Talking to the media outside the court while sitting in his vehicle, Imran said a public “reaction would come today to whatever method they (the government) will use”. “We will not backRead More


Reliance on foreign funding, borrowing to deepen economic crisis: APBF

DNA ISLAMABAD: The All Pakistan Business Forum has said the country’s economy is plunging into deepening ravine with plummeting foreign exchange reserves and volatile exchange rate, as the continuous reliance on foreign funding and borrowing will deepen economic crisis because the government needs more than $23 billion in foreign debt repayments for this fiscal year. APBF President Syed Maaz Mahmood said that it is high time that the government should start thinking about the debt restructuring, as the multilateral donors and friendly countries’ huge sum of aid pledges might notRead More