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Auto parts makers demand halt to imports
LAHORE:
Pakistan Association of Automotive Parts and Accessories Manufacturers (Paapam) Chairman Abdur Razaq Gauhar, while welcoming the government’s decision to impose ban on import of luxury cars and consumer goods, has called for…
Planning Commission deputy chief quits
ISLAMABAD:
Prime Minister Shehbaz Sharif has accepted the resignation of Planning Commission Deputy Chairman Jahanzeb Khan, further strengthening the position of his minister Ahsan Iqbal.
Khan had been reappointed as the Planning…
Fate of IMF talks hinges on PM’s ‘big nod’
ISLAMABAD:
The talks between the government and the International Monetary Fund (IMF) for the revival of the bailout package are moving at a snail’s pace as the economic managers are still waiting for the ‘big nod’ from Prime Minister…
Sino-Pak friendship ‘based on mutual support’ says…
BEIJING:
Foreign Minister Bilawal Bhutto Zardari on Sunday said that the Sino-Pak relationship was "based on solidarity, trust, mutual respect, and mutual support" in a press conference alongside his Chinese counterpart Wang Yi during of…
PML-N, allies’ parliamentary session passes resolution of…
LAHORE:
A joint parliamentary party session of the Pakistan Muslim League-Nawaz (PML-N) and allied parties chaired by Punjab Chief Minister Hamza Shehbaz on Sunday, unanimously passed a resolution expressing complete confidence in the…
K-P govt declares emergency due to fire at Koh-e-Sulema
The Khyber-Pakhtunkhwa (K-P) government on Sunday has declared an emergency following the raging fire at Koh-e-Suleman mountain range located in the junction of the province, Balochistan and erstwhile Fata.
In a statement, Minister for…
Alvi ‘delays’ appointment of Sindh governor
KARACHI/LAHORE:
After Punjab, another dispute has arisen between President Arif Alvi and the federal government led by Prime Minister Shehbaz Sharif over the appointment of a new governor in Sindh.
A federal cabinet minister, speaking…
Islamabad long march against ‘imported govt’ on May 25: Imran
Former prime minister and Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan has announced that his party would kick off the much-hyped long march against the 'imported government' to Islamabad on May 25.
He announced the decision…
Govt’s hands and feet are being tied, says Rana Sanaullah
Pakistan can overcome the ongoing economic crisis if IMF doubles the loan, says Sanaullah.
He says govt ready to complete its constitutional term, overhaul fragile economy.
If our hands and feet are tied, then the responsibility…
Current account deficit narrows 39%
KARACHI:
Pakistan’s current account deficit – the gap between foreign expenditures and income – narrowed 39% month-on-month to $623 million in April on the back of historic high workers’ remittances and reduction in import bill.…