Regarding its move to hike the policy rate, the bank’s Monetary Policy Committee said it viewed the action as “necessary to keep real interest rate firmly in the positive…
The incident led to a day of mourning along with a nationwide crackdown initiated by the government on human smugglers.
The revised budget aims for an additional Rs 215 billion in tax revenue alongside a cutback of Rs 85 billion in public spending.
Hundreds of people from different countries are believed to have been on board the vessel, in what is seen as the worst sea disaster in years for the region.
At one point after being questioned, Dar turned around angrily towards the journalist and asked, “What do you want?”
Human smuggling is a national shame, with thousands of desperate Pakistanis every year risking life and limb and their hard-earned money for a chance at a better future.
According to data, as many as 832,339 Pakistanis obtained employment abroad in 2022, up 189 per cent from a year ago.
The investigating officer said the named individuals had “intentionally concealed themselves for the fear of their arrest”.
In that regard, Prime Minister Shehbaz Sharif said that export-oriented foreign direct investment was the key to the country’s economic revival.
When the victim reached out to the police, they refused to take action and arrested him instead, a media report said.