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IMF’s Exchange Rate Policy: Is the Pakistani Rupee Overvalued by Rs. 67?
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IMF’s Exchange Rate Policy: Is the Pakistani Rupee Overvalued by Rs. 67?

The International Monetary Fund's (IMF) market-based exchange rate policy has kept the US dollar significantly overvalued against the Pakistani rupee, claims Tola Associates, a leading tax advisory and consultancy firm. In its recent Economy Alert note, the firm revealed that without IMF-imposed conditions, the rupee's value would have averaged Rs. 211.5 to the dollar by…
December 5, 20240Comments

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Imran Khan Becomes Pakistan’s Second Ex-Prime Minister Booked for Murder After Zulfikar Ali Bhutto
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Imran Khan Becomes Pakistan’s Second Ex-Prime Minister Booked for Murder After Zulfikar Ali Bhutto

In a dramatic turn of events, Imran Khan, former Prime Minister of Pakistan and chairman of the Pakistan Tehreek-e-Insaf (PTI), has been booked for murder. This development makes him the second ex-PM in Pakistan’s history, after Zulfikar Ali Bhutto, to face such serious charges. Bhutto, the founding father of the Pakistan People's Party (PPP), was…
December 5, 20240Comments

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Trump Warns Hamas of Unprecedented Repercussions if Gaza Hostages Aren’t Released Before Inauguration
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Trump Warns Hamas of Unprecedented Repercussions if Gaza Hostages Aren’t Released Before Inauguration

“All Hell to Pay” – Trump’s Bold Warning US President-elect Donald Trump has delivered a stark ultimatum to Hamas: release the hostages held in Gaza before his inauguration on January 20, 2025, or face unprecedented military and economic consequences. In a fiery post on his Truth Social platform, Trump declared: “If the hostages are not…
December 4, 20240Comments

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A Digital Crackdown in Pakistan; Twitter, WhatsApp, Facebook . . .

Pakistan – Amid rising political tensions, the Pakistan Tehreek-e-Insaf (PTI), led by former Prime Minister Imran Khan, has once again taken to the streets, voicing opposition to the current government. This has sparked protests in Islamabad and across the country, with thousands of supporters rallying against what they perceive as politically motivated arrests and a…
December 1, 20241Comment

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LDA Cracks Down on Illegal Constructions and Encroachments in Lahore
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LDA Cracks Down on Illegal Constructions and Encroachments in Lahore

The Lahore Development Authority (LDA) launched a large-scale operation against illegal commercial properties and fee defaulters across various localities in Lahore on Thursday. The initiative, spearheaded by LDA Director General Tahir Farooq, aims to enforce building regulations and curb unauthorized constructions across the city.   Sealing of Properties and Demolition of Structures During the operation,…
November 29, 20240Comments

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Punjab Government Allocates 3,200 Housing Plots for Journalists in Lahore
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Punjab Government Allocates 3,200 Housing Plots for Journalists in Lahore

The Punjab Government has taken a historic step to support the media community by allocating 3,200 housing plots for journalists in Lahore. This initiative, spearheaded by Chief Minister Maryam Nawaz, aims to provide journalists with secure housing, marking the first large-scale project of its kind in Punjab's history. The Punjab Information Ministry and the Ravi…
November 29, 20240Comments

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Pakistan Secures $500 Million ADB Loan to Enhance Climate Resilience
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Pakistan Secures $500 Million ADB Loan to Enhance Climate Resilience

The State Bank of Pakistan (SBP) announced receiving $500 million from the Asian Development Bank (ADB) under the Climate Change and Disaster Resilience Enhancement Programme (CDREP). This inflow will be included in the SBP's foreign exchange reserves for the week ending November 29, 2024, boosting the country’s import cover and stabilizing its currency. As of…
November 29, 20240Comments

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Punjab Government’s Livestock Card and Interest-Free Loan Scheme: A Major Boost for Farmers
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Punjab Government’s Livestock Card and Interest-Free Loan Scheme: A Major Boost for Farmers

The Punjab government has introduced a revolutionary initiative to uplift the province’s livestock sector by launching the Livestock Card and providing over Rs. 10 billion in interest-free loans. This initiative, spearheaded by Punjab's Chief Minister Maryam Nawaz Sharif and Agriculture and Livestock Minister Syed Ashiq Hussain Kirmani, aims to enhance meat and milk production, increase…
November 28, 20240Comments

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“Imran Khan Protests Rock Islamabad: Chaos, Clashes, and Calls for Justice”

4o November 26, 2024: Islamabad, the nerve center of Pakistan's politics, became a battleground as thousands of supporters of former Prime Minister Imran Khan defied a heavy security lockdown to demand his release. Khan, who is serving a three-year jail term on controversial corruption charges—a verdict he firmly denies—has once again demonstrated his influence, rallying…
November 26, 20240Comments

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Imran Khan Protests: Islamabad Under Lockdown Amid Clashes and Political Tensions
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Imran Khan Protests: Islamabad Under Lockdown Amid Clashes and Political Tensions

Islamabad witnessed unprecedented protests as thousands of supporters of former Prime Minister Imran Khan defied roadblocks and tear gas to march toward the capital. The city remains under strict lockdown since late Saturday, with over 20,000 police personnel deployed to manage escalating tensions.     Key Highlights: Clashes between PTI supporters and security forces have…
November 26, 20240Comments

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Protests Shut Down Lahore-Islamabad GT Road: Major Disruptions for Travelers
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Protests Disrupt Lahore-Islamabad GT Road, Major Blockages Reported

The Lahore-Islamabad GT Road has been closed at multiple points due to ongoing protests, causing severe disruptions for travelers. Key areas, including Muridke to Jhelum and the Chenab River Bridge in Gujrat, are blocked with containers, halting traffic in both directions.   Blocked Locations Barriers and checkpoints have been reported at: Muridke to Jhelum…
November 22, 20240Comments

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Punjab Declares Smog Emergency: Health, Environment, and Innovation Take Center Stage
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Punjab Declares Smog Emergency: Health, Environment, and Innovation Take Center Stage

Smog Crisis Intensifies in Punjab Lahore and Multan, two of Punjab’s major cities, are grappling with a smog emergency, prompting the provincial government to impose strict lockdown measures from Fridays to Sundays. Dense smog, caused by toxic pollutants and seasonal crop burning, has led to Air Quality Index (AQI) levels skyrocketing above 2,000 in some…
November 16, 20240Comments

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Pakistan’s Legislative Shift: Army Chief Tenure Extension and Strengthening Judiciary, Focus on Peace Amid Global Tensions
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Pakistan’s Legislative Shift: Army Chief Tenure Extension and Strengthening Judiciary, Focus on Peace Amid Global Tensions

In a historic week, Pakistan’s government made significant legislative amendments to the Pakistan Army Act and judiciary while addressing global peacekeeping challenges at the International Association of Peacekeeping Training Centre (IAPTC) conference. These developments mark pivotal strides for political stability, judicial efficiency, and Pakistan’s commitment to international peace efforts.   Army Chief Tenure Extended On…
November 5, 20240Comments

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Why PML-N Wants to Buy PIA Now: The Story Behind Air Punjab

The recent announcement by Pakistan Muslim League-Nawaz (PML-N) President Nawaz Sharif about potentially launching a new airline, "Air Punjab," or acquiring the struggling Pakistan International Airlines (PIA) has stirred discussions across the country. With Nawaz Sharif's daughter, Chief Minister Maryam Nawaz, reportedly considering this venture, questions arise: Why has the PML-N suddenly taken an interest…
November 3, 20240Comments

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Pakistan Seeks Additional ¥10 Billion Loan from China Amid Economic Challenges

In an effort to address ongoing economic challenges, Pakistan has officially requested an additional ¥10 billion loan from China. This move underscores Pakistan’s need for financial support to stabilize its economy amid rising external debts, inflation, and fiscal pressures. The request comes as part of Pakistan’s broader strategy to enhance economic resilience and strengthen its…
October 28, 20240Comments

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Bushra Bibi, Wife of Former PM Imran Khan, Released After 9 Months in Jail Amid Pakistan's Political Turmoil
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Bushra Bibi, Wife of Former PM Imran Khan, Released After 9 Months in Jail Amid Pakistan’s Political Turmoil

Bushra Bibi, the wife of Pakistan’s former Prime Minister Imran Khan, was released on bail from Adiala Jail in Rawalpindi, concluding nearly nine months of incarceration related to the controversial Toshakhana case involving the sale of state gifts. The Islamabad High Court granted her bail, marking a significant development in Pakistan’s ongoing political saga. Imran…
October 25, 20240Comments

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Pakistan’s Power Sector: Short-Term Reforms, Long-Term Risks
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Pakistan’s Power Sector: Short-Term Reforms, Long-Term Risks

Pakistan is negotiating with Independent Power Producers (IPPs) to curb energy costs and address rising circular debt. The government recently terminated contracts with five redundant IPPs and is revising agreements with bagasse-based IPPs. These moves aim to cut unnecessary capacity payments by adopting a “take-and-pay” model, where payments are only made for energy actually used.…
October 25, 20240Comments

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News Politics Trending

Will Pakistan’s Imran Khan Be Released After His Wife’s Jail Release?

Former Pakistani Prime Minister Imran Khan remains incarcerated amid a tumultuous political landscape in Pakistan. The recent release of his wife, Bushra Bibi, has sparked widespread speculation and hope among his supporters about the possibility of Khan’s own release. This article explores the legal battles, political environment, and public response surrounding Khan’s imprisonment and examines…
October 25, 20240Comments

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