COLOMBO: Sri Lankan authorities on Friday announced a two-week shutdown of government offices and schools, as public transport ground almost entirely to a halt due to a lack of dollars to pay for imported fuel. The Public Administration ministry ordered… Continue Reading
Pakistan has been on FATF’s increased monitoring list since 2018; it has previously been on it from 2008-10 and 2012-15. Pakistan’s history with the Financial Action Task Force (FATF) — the international watchdog against money laundering and financing of terrorism… Continue Reading
The International Monetary Fund’s representative in Islamabad, Esther Perez Ruiz, has clarified that the money lender had not asked Pakistan to renegotiate energy deals made under the China-Pakistan Economic Corridor (CPEC), terming the reports “simply untrue”. Ruiz gave the clarification… Continue Reading
The US dollar breached another record on Thursday as it rose past Rs207 during early morning trade owing to concerns over depleting foreign exchange reserves and ambiguity regarding Pakistan’s deal with the International Monetary Fund (IMF). According to the Forex… Continue Reading
JERUSALEM: Israel and Arab countries that share its worries about Iran should build up a joint force under a US aegis, the Israeli defence minister said on Tuesday ahead of a visit to the region by US President Joe Biden.… Continue Reading
DUBAI: Spin sensation Tuba Hassan was voted the ICC’s Women’s Player of the Month for May on Monday, becoming the first player from Pakistan to win the award. Tuba was awarded the to honour after enjoying significant success with the… Continue Reading
RIYADH: Saudi Arabia has required would-be Haj pilgrims from many Western countries to apply for visas via a government portal online, a move intended to crack down on “fake” travel agencies, officials said on Monday. The new system was put… Continue Reading
ISLAMABAD: Additional measures will be needed to bring Pakistan’s budget for the year 2022-23 in line with the key objectives of its International Monetary Fund programme, the lender’s resident representative in Islamabad said. “Our preliminary estimate is that additional measures… Continue Reading
ISLAMABAD: Shadab Khan’s brilliant all-round display helped Pakistan complete the West Indies’ whitewash with an intriguing 53 runs win in the third and final ODI of the ICC World Cup Super League series at the Multan Stadium Sunday. Shadab picked… Continue Reading
Senior-level tri service military delegation visits China, discusses international, regional situation with Chinese military, govt RAWALPINDI: Pakistan and China have vowed to enhance cooperation in counter-terrorism, a statement by the Inter-Services Public Relations said on Sunday. According to the military’s… Continue Reading