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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-…
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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.
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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.
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Cabinet's ECC approved withdrawal of subsidies in electricity tariff for export-oriented sector and Kissan package
Read more: thenews.com.pk/print/1039562-…
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Read more: thenews.com.pk/print/1039562-…
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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.
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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.
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"People were already aware of who was behind overthrowing the PTI regime," former PM says
Read more: thenews.com.pk/latest/1039395…
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Read more: thenews.com.pk/latest/1039395…
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"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).
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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.
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IGP, chief secretary say they will follow whatever Election Commission of Pakistan decides
Read more: thenews.com.pk/latest/1039307…
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Read more: thenews.com.pk/latest/1039307…
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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.
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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.
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Federal govt has allocated Rs10 billion to help Turkey's earthquake relief efforts, says premier
Read more: thenews.com.pk/latest/1039295…
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Read more: thenews.com.pk/latest/1039295…
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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.
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The PM also recalled the heartiest support of Turkiye to Pakistan during the 2005 earthquake and 2010 flash floods.
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Global lender, however, says "considerable progress" made, virtual talks to continue on implementation of IMF policies
Read more: thenews.com.pk/latest/1039279…
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Read more: thenews.com.pk/latest/1039279…
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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.
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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.
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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…
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Read more: thenews.com.pk/latest/1039285…
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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…
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Read more: thenews.com.pk/latest/1039285…
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IMF mission and Pakistani officials held "tough" talks for 10 days in Islamabad
Read more: thenews.com.pk/latest/1039070…
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Read more: thenews.com.pk/latest/1039070…
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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.
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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.
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"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…
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Follow for more details: thenews.com.pk/latest/1039049…
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The military's media wing, in a series of tweets, said: "There have been baseless speculations on social media that COAS is visiting USA."
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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.
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Pakistani authorities expect IMF to share draft memorandum of economic and financial policies today
Read more: thenews.com.pk/latest/1038963…
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Read more: thenews.com.pk/latest/1038963…
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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).
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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.
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Finance Minister Ishaq Dar says government will make headway, reaching a deal after "tough" talks today
Read more: thenews.com.pk/latest/1039003…
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Read more: thenews.com.pk/latest/1039003…
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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.
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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.
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AML chief's bail plea stated he had been targeted for political vengeance
Read more: thenews.com.pk/latest/1038967…
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Read more: thenews.com.pk/latest/1038967…
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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.
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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.
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Scheduled timeframe for completion of 9th review is going to end today
Read more: thenews.com.pk/print/1038799-…
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Read more: thenews.com.pk/print/1038799-…
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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.
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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.
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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)
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
