Karachi: Pakistan’s foreign exchange reserves increased by $180 million during the week, the State Bank of Pakistan (SBP) said on Thursday. Total reserves now stand at $19.678 billion, of which the SBP holds $14.27bn, while commercial banks’ reserves inched up to $5.34bn, the central bank noted. Meanwhile, wheat and sugar […]
Pakistan
News about Happenings in Pakistan
Inaugural NFC Session Postponed Amid Floods in Punjab, Sindh
ISLAMABAD: The inaugural session of the 11th National Finance Commission (NFC), originally scheduled for August 29, has been postponed due to the worsening flood situation in Punjab and Sindh, officials confirmed on Thursday. The session was deferred at the request of the Sindh government, which cited the ongoing emergency in […]
Heavy rains expected across Pakistan from Aug 29 to Sept 2
ISLAMABAD: The Pakistan Meteorological Department (PMD) has forecast heavy rains accompanied by thunderstorms across the country between August 29 and September 2, warning of potential floods, landslides and urban flooding in vulnerable areas. According to the alert, Islamabad is likely to receive more rains with thunder during this period. In […]
ECC approves Rs30.2bn grant for closure of Utility Stores Corporation
ISLAMABAD – The Economic Coordination Committee (ECC) of the Cabinet on Thursday approved a technical supplementary grant of Rs30.216 billion to facilitate the “smooth” closure of the Utility Stores Corporation (USC). The decision, taken at a meeting chaired by Finance Minister Muhammad Aurangzeb, will ensure an orderly shutdown of USC […]
PM Shehbaz, Turkish President Erdogan discuss flood situation in Pakistan
ISLAMABAD: Prime Minister Muhammad Shehbaz Sharif on Thursday received a telephone call from President of the Republic of Türkiye, Recep Tayyip Erdogan. President Erdogan expressed deep sorrow over the recent floods in different parts of Pakistan. He conveyed solidarity with the people of Pakistan over the loss of precious lives […]
Punjab floods claim 17 lives, displace over 600,000: PDMA
LAHORE: Widespread flooding caused by the Sutlej, Ravi and Chenab rivers has displaced hundreds of thousands of people across Punjab, submerging villages, damaging infrastructure and destroying vast tracts of farmland. The rivers, swollen by heavy rains and water releases from Indian dams, have reached dangerous levels. Officials warned that floodwaters […]
Over 170 GB SPU officers issued notices after protest
GILGIT – More than 170 personnel of the Special Protection Unit (SPU) of the Gilgit-Baltistan police have been issued show-cause notices for participating in a sit-in protest against delays in the implementation of a government-announced increase in daily allowances. The notices, served by the Additional Inspector General of Police (AIGP), […]
Two children drown as Shahbazpur dyke collapses
GUJRAT – A major breach occurred in the Shahbazpur dyke on the River Chenab, allowing floodwaters to surge into nearby settlements. The incident left two children dead, while another was rescued. According to eyewitnesses, 13-year-old Abdul Rauf and 12-year-old Samiullah, who were cousins, were swept away by the rushing waters. […]
Sialkot schools shut as floods worsen
SIALKOT: The Punjab government on Thursday ordered closure of all educational institutions in Sialkot after severe flooding hit the district, while the collapse of Guna Bridge on the Sialkot–Pasrur Road severed the land link between the two cities. A notification issued by the authorities directed strict compliance with the shutdown […]
Gilani, Spanish senator discuss ways to boost bilateral ties
ISLAMABAD: Chairman Senate Syed Yousuf Raza Gilani on Wednesday met Spanish Senator Vicente Azpitarte Pérez, discussed measures to strengthen bilateral parliamentary relations, expand trade and cultural cooperation, and extend mutual support at the global level. Chairman Gilani said Pakistan attaches great importance to its relations with Spain, particularly within the […]