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Ministry of Defence has already agreed to contribute their share to national exercise amid serious financial crisis faced by country

Read more: thenews.com.pk/print/1039569-…

#TheNews
The recommendations of committee to which prime minister has already agreed to, if implemented, will massively cut perks, privileges and other luxuries enjoyed by ruling elite, parliamentarians, judges, generals, civil and military officers from taxpayers’ money.

#TheNews
Some highlights of these proposals as reported by The News on Friday include major cut in the size of cabinet, no development funds for MPs; no pension beyond Rs500,000 per month to anyone from public kitty; no use of SUVs by government officials.

#TheNews

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Read 5 tweets
Cabinet's ECC approved withdrawal of subsidies in electricity tariff for export-oriented sector and Kissan package

Read more: thenews.com.pk/print/1039562-…

#TheNews
Under various heads including quarterly tariff adjustments, deferred fuel price adjustment, and imposition of a surcharge of Re1 per unit on big power consumers, govt approved revised CDMP where tariff would be hiked around Rs7-8 per unit till August 2023.

#TheNews
Sources said IMF had asked government for raising base tariff by Rs4.06 per unit, but government did not approve anything in this regard under revised CDMP. It is yet to be ascertained how IMF demand has incorporated in MEFP, handed over to Pakistan on Feb 10, 2023.

#TheNews
Read 5 tweets
"People were already aware of who was behind overthrowing the PTI regime," former PM says

Read more: thenews.com.pk/latest/1039395…

#TheNews Image
"General Bajwa told a journalist with much pride how he had our government ousted due to economic policies and other matters," Khan said in an interview with Voice of America (Urdu).

#TheNews
He had earlier blamed the United States for overthrowing his PTI administration, later he turned the guns towards the ex-army chief, and then he also claimed that Punjab caretaker Chief Minister Mohsin Naqvi was also involved in the "regime change" operation.

#TheNews
Read 4 tweets
IGP, chief secretary say they will follow whatever Election Commission of Pakistan decides

Read more: thenews.com.pk/latest/1039307…

#TheNews
Punjab Inspector-General of Police (IGP) Dr Usman Anwar and the chief secretary appeared before the court during today's hearing. The chief secretary said that they would follow through on the court’s order.

#TheNews
Meanwhile, when ECP’s lawyer approached rostrum, he said that the only issue before court was who would give the date for the polls. He added that there was talk of a provision in the law allowing the ECP and President Dr Arif Alvi to give a date for the elections.

#TheNews
Read 7 tweets
Federal govt has allocated Rs10 billion to help Turkey's earthquake relief efforts, says premier

Read more: thenews.com.pk/latest/1039295…

#TheNews
PM Shehbaz, while speaking on the occasion of sending relief goods to Türkiye at the Lahore airport, said no stone will be left unturned to provide full support to the people of Turkiye in the wake of massive devastation caused by the earthquake.

#TheNews
The PM also recalled the heartiest support of Turkiye to Pakistan during the 2005 earthquake and 2010 flash floods.

#TheNews
Read 6 tweets
Global lender, however, says "considerable progress" made, virtual talks to continue on implementation of IMF policies

Read more: thenews.com.pk/latest/1039279…

#TheNews
The visiting IMF mission concluded its review parleys in 10 days and left Islamabad to return back to headquarters in Washington DC without signing of the SLA.

#TheNews
IMF shared draft MEFP with Pakistani authorities and evolved broader consensus over actions/ prior actions, Finance Secretary Hamid Yaqoob told journalists, who waited for long hours at Q Block (Ministry of Finance) get version of Ishaq Dar on latest parleys with IMF.

#TheNews
Read 6 tweets
LIVE: Finance Minister Ishaq Dar addresses press conference after an IMF mission left Pakistan without signing a staff-level agreement

Read more: thenews.com.pk/latest/1039285…

#TheNews
LIVE: Pakistan-IMF talks concluded "positively", claims minister Dar.

#TheNews
UPDATE: Finance czar confirms that government has received draft of the Memorandum of Economic and Financial Policies (MEFP) from the global lender.

Read more: thenews.com.pk/latest/1039285…

#TheNews
Read 6 tweets
IMF mission and Pakistani officials held "tough" talks for 10 days in Islamabad

Read more: thenews.com.pk/latest/1039070…

#TheNews
The sources, familiar with the development, said that a meeting took place between Prime Minister Shehbaz Sharif and the IMF delegation, where the mission informed the premier about the agreement.

#TheNews
The development comes hours after Finance Minister Ishaq Dar had announced that talks with the IMF were "on track" and the government would share "good news" on the matter today.

#TheNews
Read 4 tweets
"It is categorically stated that COAS is on an official visit to UK from 5th to 10th February," says ISPR

Follow for more details: thenews.com.pk/latest/1039049…

#TheNews Image
The military's media wing, in a series of tweets, said: "There have been baseless speculations on social media that COAS is visiting USA."

#TheNews
The ISPR added that the army chief is on an official visit to the United Kingdom (UK) from 5 to 10 February in connection with the 5th Pakistan-UK Stabilisation Conference.

#TheNews
Read 5 tweets
Pakistani authorities expect IMF to share draft memorandum of economic and financial policies today

Read more: thenews.com.pk/latest/1038963…

#TheNews Image
The local currency appreciated by Rs2.82 or 1.04% in the interbank market to close at Rs270.5 against the greenback, according to the State Bank of Pakistan (SBP).

#TheNews
Rupee's recovery started as it clawed back as the market was hopeful of a positive outcome of the ongoing talks between the government and the global lender.

#TheNews
Read 4 tweets
Finance Minister Ishaq Dar says government will make headway, reaching a deal after "tough" talks today

Read more: thenews.com.pk/latest/1039003…

#TheNews Image
The government will make headway, reaching a deal after "tough" talks today as parleys with the global lender were "on track" and there were "no differences" with the IMF team, the finance czar said while speaking to the media in Islamabad.

#TheNews
The $350-billion economy is in dire need of IMF funding as it faces a balance-of-payments crisis with foreign exchange reserves dipping to less than three weeks of import cover.

#TheNews
Read 4 tweets
AML chief's bail plea stated he had been targeted for political vengeance

Read more: thenews.com.pk/latest/1038967…

#TheNews Image
AML chief is facing charges of levelling murder plot allegations against PPP Co-chairman Asif Ali Zardari, threatening police personnel, and passing "offensive" and "filthy" comments against Foreign Minister Bilawal Bhutto-Zardari in multiple cities.

#TheNews
Rashid's lawyers had filed a new plea seeking the former minister's bail in the sessions court, following the rejection by a judicial magistrate. However, the sessions court judge, Tahir Mehmood, forwarded the plea to an additional sessions court.

#TheNews
Read 5 tweets
Scheduled timeframe for completion of 9th review is going to end today

Read more: thenews.com.pk/print/1038799-…

#TheNews Image
Differences persist over external financing needs and power sector losses between the International Monetary Fund (IMF) and Pakistani side, delaying handover of the draft memorandum of economic and financial policies (MEFP) to the Pakistan side.

#TheNews
Scheduled timeframe for completion of 9th review is going to end today. According to the Pakistani authorities, now the IMF mission had changed its working style — they will finalise the agreement first and then share the MEFP with Pakistan.

#TheNews
Read 4 tweets
Protesters on Friday besieged Dawn's Islamabad bureau — and chanted slogans against the media group and set copies of the newspaper on fire. (6 Dec 2019 Dawn) What Mr #ImranKhan said on #PressFreedom when #TheNews & #JangGroup were under attack by Mr #NawazSharif (1997-1999)
Protesters on Friday besieged Dawn's Islamabad bureau — and chanted slogans against the media group and set copies of the newspaper on fire. (6 Dec 2019 Dawn) What Ms Maleeha Lodhi
said on #PressFreedom when #TheNews & #JangGroup were under attack by Mr #NawazSharif (1997-1999)
Protesters on Friday besieged Dawn's Islamabad bureau — chanted slogans against the media group & set copies of the newspaper on fire. (6 Dec 2019 Dawn) When #PervezMusharraf attacked #PressFreedom , PTI Leader Roedad Khan said Musharraf has to go or Pakistan won’t survive
Read 21 tweets

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