Protests occur around the country in reaction to rising electricity prices.

ISLAMABAD – Protests are taking place in major cities and towns across the country, including Karachi, Lahore, and Peshawar, over excessive electricity costs. People have taken to the streets in response to a huge increase in electricity rates across the country.In most of the country’s small and big cities, businessmen are protesting the high cost […]

Beijing permits the nation’s airline to restart service to China.

Beijing (Reuters) – More than three years after ceasing because to COVID-19 limitations, Beijing has let North Korea’s state-run airline Air Koryo to restart flights to China, the Chinese foreign ministry announced on Monday. The decision coincides with indications of greater communication between North Korea and its largest commercial partner and neighbor. According to a […]

The Supreme Court has scheduled an in-chamber appeal to remove the contempt petition against Justice Isa for hearing.

The Supreme Court of Pakistan has scheduled a hearing for the in-chamber appeal to remove the contempt suit filed against Justice Qazi Faez Isa. The in-chamber appeal will be heard on July 31 by Chief Justice of Pakistan (CJP) Umar Ata Bandial. Lawyer Riaz Hanif Rahi filed a contempt of court case against Justice Isa […]

Pakistan’s population is expanding more quickly than any other Asian nation.

LAHORE – Pakistan, the fifth-most populous nation in the world, has a 2.4% yearly population growth, and 11,000 moms die giving birth each year. On World Population Day, the Population Council releases the figures. It claimed that Pakistan’s population was expanding more quickly than that of any other Asian nation. The council emphasized that every […]

Pakistan is set to repay nearly $1 billion in debt.

Pakistan is anticipated to make debt repayments of more than $1 billion to two international commercial banks early next month, despite the government’s challenging effort to avert sovereign default and the fact that there aren’t very many gross foreign currency reserves remaining. According to sources in the ministry of finance, the government will pay back […]

The dollar soars to Rs201.41 in the interbank market

After increasing 47 paisa at the Interbank on Tuesday, the US Dollar closed at an all-time high versus the Pakistani Rupee (PKR). Weakening macroeconomic kept dollar demand high on the second business day of the week, with the greenback closing at Rs201.41. Depleting foreign exchange reserves and uncertainties over the resumption of the International Monetary […]

The IMF’s $2.75 billion boosts the SBP’s foreign exchange reserves to new highs.

KARACHI: The State Bank of Pakistan (SBP) has received $2.75 billion in Special Drawing Rights (SDRs) from the International Monetary Fund (IMF), bringing the central bank’s foreign exchange holdings to an all-time high of $20.14 billion. The central bank’s foreign currency reserves on August 27 were $20,145.6 million, according to statistics provided by the bank. […]