May 09, 2025

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Latest News

Pakistan, IMF to kickstart policy-level talks tomorrow

By Editor Economic Watch
in :  Business, Latest, Latest News
6 Feb 2023

  ISLAMABAD, Feb 6 (EW):  As the deadlock persists between Pakistan and the International Monetary Fund (IMF) over the huge fiscal gap, both sides will strive again on Monday (today) to continue the technical-level talks. The policy-level talks between both parties, which were to begin today, will kickstart on Tuesday (tomorrow). As per the Fund’s assessment, Pakistan faced a primary deficit …


Pakistani consulate completes preparations to transport Pervez Musharraf’s body

By Editor Economic Watch
in :  Latest, Latest News
6 Feb 2023

  DUBAI, Feb 6 (EW): The Pakistan Consulate General Dubai has completed preparations to transport former military ruler General Retired Pervez Musharraf’s body to Karachi. The Pakistan Consulate General Dubai issued the NOC for transporting Pervez Musharraf’s body to Karachi. The former ruler’s body will be transported on a flight from Al Maktoum International Airport to Karachi’s Jinnah International Airport. …


Hundreds feared dead as strong earthquake hits Turkey, Syria

By Editor Economic Watch
in :  Latest, Latest News
6 Feb 2023

  A strong earthquake hit south-eastern Turkey, near the border with Syria, in the wee hours of Monday killing scores of people. A report by US Geological Survey said a powerful quake measuring 7.8 on Richter scale struck at 04:17 local time at a depth of around 18km near Gaziantep – a major city located in Anatolia region. Soon after …


Rupee plunges to historic low as IMF gives Pakistan ‘tough time’

By Editor Economic Watch
in :  Latest, Latest News
3 Feb 2023

  The rupee on Friday plunged to a historic low against the dollar after Prime Minister Shehbaz Sharif’s said that the International Monetary Fund (IMF) is giving Pakistan “a tough time” — as the lender wants the government to do more on the economic front. “As we speak, an IMF delegation is in Islamabad [holding parleys on loan programme] and …


PBF foresees 2023 tough year for economy

By Editor Economic Watch
in :  Latest, Latest News
3 Feb 2023

  The Pakistan Business Forum (PBF) predicted that 2023 is going to be a tough year for the economy. As per details, the Vice President of PBF Ahmad Jawad said in a statement that Pakistan needs to find an alternative to International Monetary Fund (IMF). The PBF vice president claimed that the political parties have no roadmap for the betterment …


PM Shehbaz stresses unity to tackle terrorism at apex committee huddle

By Editor Economic Watch
in :  Latest, Latest News
3 Feb 2023

    ISLAMABAD, Feb 3 (EW): Prime Minister Shehbaz Sharif on Friday said that for a better Pakistan, the federation, provinces and political parties should unite against terrorism “or else history will not forgive us”. He made the remarks during an apex committee meeting that was held in Governor House Peshawar to discuss the Peshawar mosque tragedy and a strategy …


Police personnel, families protest against Peshawar mosque horror

By Editor Economic Watch
in :  Latest, Latest News
2 Feb 2023

The employees of the police department, relatives, and friends of the martyred cops on Wednesday staged a protest demonstration against the brutal suicide bombing at Malik Saad Shaheed police lines and demanded strict punishment of the culprits. The protestors, including police cops, friends and families of the martyred constables gathered in front of the press club and demanded inquiry to …


500,000 on strike in UK’s largest walkout in 12 years

By Editor Economic Watch
in :  Latest, Latest News
2 Feb 2023

  LONDON, Feb 2 (EW):  Half a million workers went on strike in Britain on Wednesday, calling for higher wages in the largest such walkout in over a decade, closing schools and severely disrupting transport. As Europe battles a cost-of-living crisis, Britain’s umbrella labour organisation the Trades Union Congress (TUC) called it the “biggest day of strike action since 2011”. …


Sheikh Rashid arrested by Islamabad police in late-night raid

By Editor Economic Watch
in :  Latest, Latest News
2 Feb 2023

  RAWALPINDI, Feb2 (EW): Awami Muslim League (AML) chief and former interior minister Sheikh Rashid Ahmed was arrested by Islamabad police in the early hours of Thursday. His nephew Shiekh Raashid Shafique confirmed the arrest in an interview with a private news channel and said that the AML leader was arrested in a late-night raid from his residence in a …


PM Shehbaz lauds security officials for thwarting terrorist attack on Mianwali police station

By Editor Economic Watch
in :  Latest, Latest News
1 Feb 2023

  ISLAMABAD, Feb 1 (EW):  Prime Minister Shehbaz Sharif on Wednesday lauded the Punjab Police for successfully repulsing a terrorist attack on a police station in Mianwai. The premier has announced awarding prize and appreciation certificates to police officers and personnel for displaying exceptional gallantry to foil the bid. He also paid tribute to the security officials as they forced …


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