PM Shehbaz receives Pakistan Economic Survey 2025-26
Finance Minister Muhammad Aurangzeb presented a copy of the Pakistan Economic Survey 2025-26 to Prime Minister Shehbaz Sharif in Islamabad on June 11, marking a key step ahead of the upcoming federal budget tomorrow. The survey outlines the country’s latest economic performance, key fiscal indicators, and sector-wise trends that will guide budgetary planning for the […]
Pakistan secures IMF nod to scrap solar panel tax hike
ISLAMABAD: The International Monetary Fund (IMF) has agreed to drop a proposed tax hike on solar panels and stationery products following interventions by Prime Minister Shehbaz Sharif, government sources said, as Islamabad finalises its federal budget for the fiscal year 2026-27. The development is being viewed as a significant victory for the government, which has […]
Govt set to present FY2026-27 federal budget on Friday
Finance Minister Senator Muhammad Aurangzeb said on Wednesday that the Economic Survey would be presented today (Thursday), setting the stage for the upcoming Federal Budget 2026-27 and outlining key fiscal indicators and performance over the past year. The Economic Survey, the pre-budget document, would provide a comprehensive overview of the country’s economic performance, including GDP […]
Iran targets US bases in Jordan and Gulf after Trump orders strikes near Hormuz
Iran’s Revolutionary Guards said they had carried out attacks against a US base in Jordan and 21 other targets in the Gulf on Wednesday in retaliation for American strikes around the Strait of Hormuz, Iranian media reported. The clashes mark one of the biggest exchanges in hostilities since the two countries agreed to a ceasefire […]
‘Give peace a little more chance’: Pakistan urges restraint amid regional tensions
Islamabad : Pakistan has expressed deep concern over the escalating situation in the Middle East, warning that renewed conflict and rising tensions have exposed the fragility of the current security environment and the risk of further escalation. In a statement at the United Nations Security Council, Pakistan’s Permanent Representative Ambassador Asim Iftikhar Ahmad said that the recent […]
Govt extends austerity measures till June 30, revises business timings
ISLAMABAD: The federal government on Wednesday extended its austerity drive and fuel conservation measures until June 30, while also revising business operating hours across the country, according to an official statement. Deputy Prime Minister and Foreign Minister Ishaq Dar chaired a meeting of the Committee for Monitoring and Implementation of Fuel Conservation and Additional Austerity […]
AJK government announces Rs10m reward for arrest of four proscribed JAAC leaders
The Azad Jammu and Kashmir (AJK) government has announced a reward of Rs10m for information leading to the arrest of four wanted leaders associated with the newly banned Joint Awami Action Committee (JAAC). According to an official notification, the President of AJK approved the reward money for any individual who provides credible information leading to […]
PPP protest over delayed Form 48 enters third day, Karakoram Highway remains blocked
CHILAS: A protest by the Pakistan Peoples Party (PPP) over the delayed issuance of Form 48 for the GBLA-16 Diamer-II constituency entered its third consecutive day on Tuesday, with demonstrators continuing to block the Karakoram Highway (KKH), causing major disruptions to traffic and stranding hundreds of travellers. PPP workers remained gathered outside the District Returning […]
Constitutional court raps customs over three-year detention of oil tankers
ISLAMABAD: The Constitutional Court on Tuesday expressed strong displeasure over customs authorities for keeping oil tankers detained for nearly three years in connection with an Iranian oil case, observing that the prolonged seizure of potentially inflammable cargo posed serious safety and humanitarian concerns. Hearing the matter, a three-member bench headed by Justice Hasan Azhar Rizvi […]
PIA, Hajj delays, Afghan visas: Key issues on Senate agenda today
ISLAMABAD : The Senate is set to meet today at 4pm, with lawmakers expected to take up a wide-ranging agenda covering aviation, investment, human rights, infrastructure and legislative reforms. Among the key items scheduled for discussion is a standing committee report on a bill seeking the repeal of the PIA Conversion Act 2016, legislation linked […]