Pakistan News

    Current Pakistan External Affairs Minister Salman

  • PTV current affairs director sacked after allegations of harassment, misuse of authority

    Pakistan Television (PTV) on Friday sacked its suspended director of current affairs, Agha Masood Shorish, following allegations of sexual harassment and misuse of authority by multiple staffers at the state-run broadcaster...

    The Information Ministry issued a notification for his termination after participants of a meeting chaired by Prime Minister Shahid Khaqan Abbasi decided to remove officers who were bringing a bad name to...

  • Pakistan must have a foreign minister now to help meet external challenges: Chandio

    HYDERABAD: Adviser to the Chief Minister on Information Maula Bux Chandio has urged Prime Minister Nawaz Sharif to immediately appoint a foreign minister in view of the situation where Pakistan is facing aggression by its neighbouring country and has also to meet certain other external challenges...

    “Three and a half years have passed since the [federal] government has taken the reigns of the country but it has failed so far to put a...

  • Rs23bn already released for uplift projects in current fiscal year, says minister

    KARACHI: Sindh Minis­ter for Finance Syed Murad Ali Shah said on Thursday the government had already released Rs23 billion for ongoing projects by the second week of July during current financial year...

    It would release 25 per cent funds this month for the new projects for which Rs35 billion had been allocated, said the minister while talking to journalists after the chief minister shared deliberations at the provincial cabinet...

  • Railways to earn Rs50bn by end of current fiscal year: minister

    RAWALPINDI: Federal Minister for Railways Khawaja Saad Raffique on Saturday painted a rosy picture of Pakistan Railways and said it would earn over Rs50 billion by end of the current fiscal year...

    The railways had set a target of Rs32bn revenue generation for the current fiscal year but it would earn over Rs50bn by June 2018...

  • WB lowers Pakistan’s external financing needs

    WASHINGTON: The World Bank said on Monday that Pakistan’s external financing needs in 2017-18 were $17 billion and not $31bn, which was wrongly deduced from one of its previous reports...

    The World Bank, however, warned that the country was “facing headwinds in the external sector and a rising fiscal deficit that could put macroeconomic management at risk...

  • Pakistan’s growth inhibited by external demand position: ADB

    ISLAMABAD: The Asian Development Bank says that the economic growth in Pakistan is constrained by the country’s external demand position which makes 6 to 7 per cent GDP growth per annum unsustainable...

    The ‘unsustainable’ curseCiting reasons for un-sustainability, ADB report says Pakistan’s export per capita is low and the country continues to compete with exports from poorer countries...

  • ‘External forces out to sabotage China Pakistan Economic Corridor project’

    ISLAMABAD: Speakers at a seminar on Tuesday feared that internal and external forces were out to sabotage the China Pakistan Economic Corridor (CPEC) but termed the project a major development in the region and important for the economic growth...

    The seminar titled “China-Pakistan Economic Corridor: Economic, Political and Security Perspectives” organised by Pak Institute for Peace Studies (PIPS) at a local hotel...

  • Pakistan not to accept external pressure on Indus Waters Treaty: Asif

    Minister for Defence, Water and Power Khawaja Asif on Tuesday said Pakistan would not accept any external pressure on the Indus Waters Treaty (IWT) reached with India in 1960 for distribution of water between the two countries...

    The seminar titled “Hydro Politics around Pakistan: Reassessing the Efficacy of IWT”, was organised by the Institute of Strategic Studies, Research and Analysis (ISSRA) in Islamabad at the National Defence...

  • Pakistan updates guidance for Islamic banks' external audits

    Pakistan's central bank has updated guidance on sharia governance for Islamic finance institutions, expanding the scope of external audits to help mitigate conflicts of interest and increase transparency...

    Religious scholars who members of an Islamic bank's sharia board are now barred from serving in any external audit firm, the State Bank of Pakistan said in a circular that complements original guidance from 2015...

  • Pakistan’s ability to withstand external shocks diminishes

    ISLAMABAD: The World Bank has said that Pakistan’s ability to withstand external shocks has diminished and risks will remain predominantly on the downside with declining reserves and elevated debt ratios...

    Rising global interest rates and tighter liquidity situation will pose challenges to Pakistan given the high gross external financing requirements...

  • No pressure to revoke blasphemy laws: religious affairs minister

    WASHINGTON: There’s no pressure within Pakistan to revoke the country’s blasphemy laws, although foreign governments and media often demand such a change, says Minister for Religious Affairs Sardar Muhammad Yousaf...

    Addressing members of the Pakistani-American Press Association at a dinner on Sunday, he also said those who wanted to make Pakistan a secular state were too weak to bring any real pressure...

  • Minister orders probe into NTS affairs

    ISLAMABAD: Newly appointed federal Minister for Science and Technology Rana Tanveer Hussain, following corruption allegations levelled by the minister of state of the same ministry, has taken notice of alleged corruption in the National Testing Service (NTS)...

    “Federal Minister for Science and Technology having assumed the charge of his portfolio has taken serious notice of the alleged corruption allegations levelled against the NTS...

  • Minister joins walkout against religious affairs ministry officials

    ISLAMABAD: In an attempt to rein in the bureaucracy of the Ministry of Religious Affairs, Religious Affairs Minister Sardar Mohammad Yousuf followed members of the National Assembly Standing Committee on Religious Affairs in a protest walkout against his own ministry’s officials...

    Committee members expressed support for Mr Yousuf’s stance against the bureaucracy, while the minister supported the MNAs and joined their walkout...

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