Tag: pakistan
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Pakistan ruling alliance rejects conditional talks with PTI
Islamabad Pakistan Prime Minister Shehbaz Sharif on Tuesday held a meeting of the ally parties and rejected any conditional talks with any political party, including Imran Khan’s Pakistan Tehreek-e-Insaf (PTI), media reports said. The Prime Minister reiterated unity among the allies and expressed his satisfaction on the completion of a year in power, since the ouster…
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Interest rate in Pakistan hiked by 300 bps to 27-year high
Karachi – The State Bank of Pakistan (SBP) on Thursday raised the benchmark interest rate by a significant 300 basis points (bps) to 20 per cent as Pakistan is desperate to unlock the critical $1.1 billion funding from the International Monetary Fund (IMF), media reports said. The Monetary Policy Committee (MPC) – which was constituted as…
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Pakistan inflation hits all-time high
Pakistan’s annual inflation, measured by the Consumer Price Index (CPI), soared to a record high of 31.55 per cent in February, compared to 27.6 per cent in the previous month, driven by massive increases in food and transport prices, local media reported. According to Arif Habib Corporation, this is the highest-ever CPI increase based on…
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Javed Akhtar’s comments in Pakistan compared to surgical strikes
Acclaimed lyricist, screenwriter and poet Javed Akhtar’s comments in Pakistan on 26/11 terrorists “roaming free” in the country and the bitterness in the hearts of Indians have drawn huge applause in India. Akhtar was last week welcomed with thunderous applause at the 7th Faiz Festival in Lahore. Apart from his love for great Pakistani poet…
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Imran Khan asks supporters to prepare for ‘Jail Bharo’ movement in Pak
Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan on Saturday asked his workers and supporters to prepare for ‘Jail Bharo’ movement across the country, media reported. Khan’s comments come in the wake of sedition cases filed against his party’s Senior Vice-President Fawad Chaudhry and former member of National Assembly Shandana Gulzar, while Senator Azam Swati and Shahbaz…