LAHORE: Days after officially forming a political party, Istehktam-e-Pakistan Party (IPP), president Jahangir Tareen left for the United Kingdon on Sunday amid speculations that he will hold meetings with Pakistan Muslim League-Nawaz (PML-N) leaders. According to sources, the party chief is expected to stay in the UK for over a week, during which he will hold meetings with the overseas …
ISLAMABAD, June 12 (EW): The first cargo of discounted Russian crude oil arranged under a new deal between Islamabad and Moscow arrived in Karachi on Sunday, opening a new chapter of cooperative trade relations between the two countries. The shipment had left Russia over a month ago and reached Pakistan via Oman. The discharge of the oil would begin …
LAHORE, June 08 (EW): Disgruntled PTI leader and sugar baron – Jahangir Tareen – on Wednesday announced the formation of a new political party – Istehkam-e-Pakistan – comprising more than 100 former National Assembly members and leaders of the former ruling party. The announcement was made at the residence of Aleem Khan – another estranged leader of the PTI, …
Pakistan can have only one remaining board review under the current bailout package of the International Monetary Fund (IMF) before its budget is unveiled on June 9, itself a step towards a successful review, a Fund official said on Thursday. “To pave the way for a final review under the current EFF, it is essential to restore the proper …
Pakistan Tehreek-e-Insaf (PTI) senior leader Pervez Khattak announced stepping down as the party’s Khyber Pakhtunkhwa chapter president late Thursday. Addressing a press conference in Islamabad, the PTI stalwart said it was difficult for him to continue serving as the party’s KP chapter president amid the prevailing political crisis. Khattak said he would announce the future course of action after consulting …
ISLAMABAD, May 31 (EW): Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan Wednesday expressed confidence in his party’s popularity among the masses, saying he doesn’t need “electables” anymore. The former prime minister, currently facing a slew of legal challenges after being voted out of office, boasted that the PTI has the largest vote bank in the country. “If you have that …
ISLAMABAD, May 31 (EW): State Minister for Finance and Revenue Dr Aisha Ghaus Pasha on Wednesday censured the International Monetary Fund (IMF) over its “interference” in Pakistan’s internal matters, a day after the comments passed by a top official of the international lender. She described terming IMF Mission Chief for Pakistan Nathan Porter’s statement — regarding the political situation …
KARACHI: In order to provide relief to the inflation-weary people ahead of the upcoming federal budget 2023-24 — expected to be announced on June 9 — the government is likely to reduce the price of petroleum products, industry officials told The News. The price of petrol is expected to go down by Rs10 per litre effective from June 1 …
As speculations are on the rise over the International Monetary Fund (IMF) programme, the lender asserted that it is in touch with Pakistan’s authorities to pave the way for a board meeting before the financing programme expires at the end of June, Reuters reported. A board meeting on a review of the programme usually requires a prior staff-level agreement — which will also …
LAHORE (EW): Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan on Tuesday decided not to appear before a joint investigation team (JIT) in cases related to the incidents of violence and arson at Jinnah House (Corps Commander residence) and Military Tower. The JIT, headed by DIG Kamran Adil, has summoned the former prime minister, whose party was hit be massive resignations following …
