News about Happenings in Pakistan
Pakistan’s Defence Minister Khawaja Asif said on Tuesday that the country’s economy has moved out of the “ICU” phase and expressed optimism that it could achieve 6% to 7% GDP growth in the coming years as macroeconomic conditions continue to stabilise. Speaking during the National Assembly debate on the Federal […]
GILGIT: At least four independent winners of the Gilgit-Baltistan Assembly elections have joined the Istehkam-e-Pakistan Party (IPP), announcing their decision during a meeting with Federal Minister for Communications and IPP President Abdul Aleem Khan on Tuesday. The lawmakers include Anwar Ali from GBA-23 Ghanche-2, Asad Shafiq from GBA-24 Ghanche-3, Muhammad […]
ISLAMABAD: Opposition leaders on Sunday strongly rejected the federal budget, accusing the government of ignoring economic realities, increasing the tax burden on citizens and failing to address rising poverty across the country. Speaking at a budget seminar in Islamabad, Senate Opposition Leader Allama Raja Nasir Abbas said the government was […]
PESHAWAR: At least seven people were killed and 33 others injured in rain, lightning and strong wind-related incidents across parts of Khyber Pakhtunkhwa during the past 24 hours, according to the Provincial Disaster Management Authority (PDMA). The deceased included two children, four men and one woman, while the incidents were […]
ISLAMABAD: The federal government has allocated Rs3 trillion for defence in the budget for fiscal year 2026-27, with Finance Minister Muhammad Aurangzeb saying the move is aimed at strengthening Pakistan’s security and making the country “invincible” in the face of regional challenges. Presenting the federal budget in the National Assembly […]
ISLAMABAD: The federal government on Friday announced a 7% increase in salaries and pensions for government employees as part of the Rs18.771 trillion budget for fiscal year 2026-27, while also unveiling a series of tax relief measures for the salaried class and businesses. Presenting the federal budget in parliament, Finance […]
ISLAMABAD: Finance Minister Muhammad Aurangzeb on Friday announced the imposition of a Federal Excise Duty (FED) on imported vehicles as part of the government’s new fiscal measures unveiled in the federal budget. Presenting the budget, the finance minister said the new duty will also apply to sport utility vehicles (SUVs) […]
ISLAMABAD: Pakistan’s poverty rate climbed to 28.9 per cent in FY2024-25 while education spending fell to just 0.8 per cent of GDP in FY2025, according to the Pakistan Economic Survey 2025-26, highlighting growing socioeconomic challenges despite recent macroeconomic stability. The survey shows a significant reversal in poverty reduction trends, with […]
ISLAMABAD: Finance Minister Muhammad Aurangzeb on Thursday said Pakistan’s economy demonstrated resilience during fiscal year 2025-26 despite global trade uncertainty, devastating floods and regional geopolitical tensions, recording a growth rate of 3.7 per cent — the highest in four years. Addressing a press conference after the launch of the Pakistan […]
ISLAMABAD: The Federal Constitutional Court (FCC) on Thursday raised serious questions over a previous Supreme Court verdict that ordered the closure and demolition of the iconic Monal Restaurant in the protected Margalla Hills National Park, while hearing a review petition filed by the Capital Development Authority (CDA). A three-member bench […]