In the face of a challenging economic situation marked by stagflation, severe floods, and substantial financing needs, Pakistan has actively engaged with the International Monetary Fund (IMF) to address these pressing issues.
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Get the latest Pakistan news, breaking stories, politics, business, economy, taxation, markets, and national developments from across the country.
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PM Shehbaz Sharif defends Imran Khan’s arrest: warns miscreants
Prime Minister Muhammad Shehbaz Sharif addressed the nation on Wednesday, reiterating that the National Accountability Bureau (NAB) had legally arrested Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan on corruption and corrupt practice charges related to the Al Qadir Trust case involving a whopping amount of Rs60 billion (£190 million).
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British Council cancels Cambridge exams on May 11, 2023
Amidst a climate of political unrest and instability in Pakistan, the British Council has made the decision to cancel all Cambridge exams scheduled for May 11, 2023 in the country.
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Pakistan blocks social media platforms after PTI chief’s arrest
Pakistan has blocked access to major social media platforms including Facebook, YouTube, and Twitter, while internet services have been suspended in various cities following the arrest of former Prime Minister and Pakistan Tehreek-e-Insaf (PTI) Chief Imran Khan by the National Accountability Bureau (NAB) on corruption charges.
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Former Pakistani Prime Minister Imran Khan Arrested
On May 9, 2023, former Pakistani Prime Minister Imran Khan was arrested by the National Accountability Bureau (NAB) on charges of corruption and misuse of authority during his tenure as the Prime Minister of Pakistan. Khan, who had been leading the country since 2018, stepped down in April 2022 after his government lost a vote of confidence in the National Assembly.
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D&B Pakistan partners with ABHI to enhance financial solutions
D&B Pakistan, a leading provider of commercial data and analytics, has announced its partnership with ABHI (Pvt) Ltd., a fintech company that offers innovative financial solutions to businesses and their employees in Pakistan.
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Government, PTI agree on simultaneous polls but disagree on general election date
On Tuesday, the coalition government led by the Leader of the House in the Senate and Federal Minister for Finance and Revenue Senator Muhammad Ishaq Dar and Pakistan Tehreek-e-Insaf (PTI)’s Shah Mehmood Qureshi agreed on holding simultaneous polls under caretaker governments across the country.
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Dawlance becomes first Pakistani refrigerator manufacturer to earn ISO/IEC 17025
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Pakistan’s economy still struggling with high inflation, economic slowdown
Pakistan’s economy is still facing significant challenges, with high inflation and a slowdown in economic activity. Persisting risks to the fiscal side are consequent to below the target set for the first nine months of the current fiscal year.
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WHO assists Pakistan in Monkeypox investigation
The World Health Organization (WHO) has been actively collaborating with the Government of Pakistan in investigating the recent outbreak of Monkeypox, a viral zoonotic disease caused by the pox virus (MPXV).
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