JAKARTA, Feb 6 (AFP): Indonesia’s economic growth accelerated to a nine-year high in 2022 despite global uncertainty and a final-quarter slowdown, official data showed Monday, owing to soaring commodity prices and easing Covid-19 curbs. Indonesia was badly affected by the coronavirus pandemic, with its exports and tourism-reliant economy taking a massive hit in 2020 as GDP shrunk by 2.07 …
ISLAMABAD, Feb 6 (EW): A anti-terrorism court on Monday awarded death sentence to two personnel of the Anti-Terrorism Squad, and life imprisonment to three others in murder case of Osama Satti, Islamabad student who was gunned down near the G-10 Srinagar Highway in January 2021. Reports in local media said Additional Session Judge Zeba Chaudhry announced the reserved verdict, …
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 …
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. …
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 …
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 …
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 …
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 …
PESHAWAR, Feb 2 (EW): The Inspector General of Police (IGP) Khyber -Pakhtunkhwa Moazzam Jah Ansari on Thursday said that the terrorist responsible for the suicide bomb blast at the Peshawar Mosque had been identified through CCTV footage. Addressing a press conference, the IGP stated that the assailant was dressed in a police uniform and was riding a motorcycle with a …
KARACHI, Feb 2 (EW): The US dollar continued its ascent on Thursday against the Pakistani rupee and was being traded at a new all-time high in the interbank market. The greenback gained Rs3.17 and was being quoted at around 272 against the local currency compared to previous session close of Rs268.83. According to experts, the local unit is being …
