The warning comes after a red alert for extreme heat was issued in neighbouring India, where at least 98 people have died in the states of Uttar Pradesh and Bihar in the last…
The IMF official had earlier pointed out that the lender had time only for one board meeting before the current programme ends.
While the IMF usually does not comment on domestic politics, mission chief Nathan Porter said in a statement the IMF hopes “a peaceful way forward is found in line with the…
Last month, prices rose at the fastest pace ever in the country’s history according to available data, with costs driving inflation to a point where analysts feared “families…
The statement comes after a Jewish Pakistani tweeted that he “exported [the] first batch of Pakistan food products to [the] Israel market.
The International Monetary Fund said decisions regarding the constitutionality, among others, “rest solely with Pakistan’s institutions”.
Earlier this month, the oil industry was reportedly facing trouble in arranging crude oil and petroleum products due to the prevailing prices.
Initially scheduled for March 16, market participants in a recent treasury bill auction are expecting at least a 200 basis points increase in the central bank’s policy rate.
The comments come as a number of petrol pumps in several major and small cities of Punjab have been facing a severe shortage of petrol.
The inflationary trend was driven by a double-digit increase in almost all sub-indices, especially food and transport, prices of which have rapidly increased.