Pakistan's trade deficit has been reduced by one-third to $21.3 billion in the first eight months of the current fiscal year, primarily due to a slowdown in imports. As a result, the country's economic situation remains precarious, as exports continue to decline and foreign loans are hard to come by. According to a report released [...]
Author Archives: Imad Khan
The Islamabad High Court (IHC) dismissed intra-court appeals against the local government election in the federal capital on Thursday, after the Election Commission of Pakistan (ECP) assured that elections would take place within 120 days. The single-member bench overturned the ECP's decision to postpone the local bodies (LB) elections and ordered local government elections in [...]
A delay in the agreement between Pakistan and the International Monetary Fund (IMF), which has raised uncertainty in the nation's political and economic spheres, is blamed by experts for the currency's decline. The delay in the agreement with the IMF was cited by Zafar Paracha, general secretary of the Exchange Companies Association of Pakistan (ECAP), [...]
Imran Khan, former Prime Minister and head of the Pakistan Tehreek-e-Insaf (PTI), has blamed former army chief General (retd) Qamar Javed Bajwa and the current Pakistan Democratic Movement (PDM) government for Pakistan's economic woes. Imran claimed in a recent tweet that Pakistanis are suffering greatly as a result of the "regime change conspiracy," which has [...]
Nadra, the National Database and Registration Authority, launched Pakistan's first data protection service called "Ijazat Aap Ki" on March 2, 2023. Citizens will be able to give their consent prior to the verification of their identity cards, ensuring their personal information is safe and secure. Through this initiative, Nadra aims to give citizens power over [...]
Pakistan's economic recovery is at risk as the country's foreign exchange reserves continue to decline, expected to reach approximately $3.2 billion by February 10, 2023. Currently, the country is experiencing a high level of domestic political uncertainty, which further exacerbates economic uncertainty. The International Monetary Fund (IMF) was unable to release a critical loan tranche [...]
Pakistan must adopt electric motorcycles as soon as possible since petroleum prices have reached Rs277 per litre. The result has been an increase in fuel costs for motorcycle owners, particularly lower-middle and middle-class households. This transition requires the government to promote market-driven approaches and to act as a facilitator. Motorcycle users will now spend between [...]
According to Sazgar Engineering, which distributes Haval and BAIC vehicles in Pakistan, its four-wheeler production facility has been temporarily shut down. As a primary reason for this decision, the company cites stricter measures designed to minimize the importation of Completely Knocked Down (CKD) kits and raw materials for vehicles. As a result, the company's supply [...]
The Foreign Minister and Chairman of the Pakistan Peoples Party (PPP), Bilawal Bhutto-Zardari, has accused the top judiciary of practicing double standards of justice, stating that a judicial system operating under such standards cannot function. Bilawal made these remarks during an event commemorating the golden jubilee of the 1973 Constitution at the Sindh Assembly Committee [...]
As a result of the strike, hotels and shops have been closed across a number of areas of Karachi, including Kharadar, Burns Road, Old City, Etihad Town, Baldia Town, and surrounding areas. However, traffic in the port city is operating as usual. Schools in Karachi have remained closed as a result of the unsteady situation. [...]
Pakistan's Interior Minister, Rana Sanaullah, has announced that the government will initially send members of the opposition party, Pakistan Tehreek-e-Insaf (PTI), who have voluntarily volunteered for arrest to remote jails before sending them to Lahore or Rawalpindi prisons. This declaration was made at a press conference in Islamabad, where the Minister disclosed that the PTI's [...]
The Foreign Minister and Chairman of the Pakistan Peoples Party (PPP), Bilawal Bhutto Zardari, announced on Saturday an immediate increase of 25% in the Benazir Income Support Programme (BISP) stipend. He pledged to accelerate the process of providing relief money to flood-affected small farmers by the Sindh government. Speaking at the inauguration ceremony of the [...]
The Pakistan Tobacco Company (PTC) has expressed concerns about the newly announced mini-budget, stating that increased taxes on cigarettes will increase smuggling and counterfeiting. The PTC Director of Legal and External Affairs, Syed Asad Shah, expressed his concern that the increase in federal excise duty (FED) and lower minimum price set by the Federal Board [...]
The Ministry of Energy in Pakistan has proposed an ambitious plan to transfer control of ten power distribution companies (DISCOs) to the provinces. The move is aimed at addressing the issue of bad governance, which is contributing to the country's rising circular debt. A position paper from the ministry was sent to Shehbaz Sharif, the [...]
According to Karachi's Commissioner Muhammad Iqbal Memon, markets and shopping malls will be closed as part of the federal government's plan for energy conservation. The policy mandates the closure of these establishments by 8:30 pm. Additionally, Deputy Commissioners have been instructed to make sure that restaurants and wedding venues are shut down by 10 p.m. [...]
The Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan is currently facing an astounding 36 cases in courts located throughout Islamabad, Lahore and the Election Commission of Pakistan (ECP). There are several charges associated with the case, including defamation, disqualification, and pre-arrest bail. In one instance, Imran has yet to be granted pre-arrest bail in a terrorism [...]
















