New Delhi, March 31 (IANS) The recent surge in global oil prices is testing Pakistan’s fragile macroeconomic stabilisation and the International Monetary Fund’s (IMF) tolerance of Islamabad’s decision to cushion domestic fuel prices signals a shift in approach, a new report has said.The report from Dawn, however, cautioned that the government’s decision to shield the population from rising fuel costs is politically understandable but economically unsustainable.The West Asian conflict has i…
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Islamabad, March 29 (IANS) Former Khyber Pakhtunkhwa chief secretary Arbab Shehzad Khan said that Pakistan-Afghanistan peace jirga will be held in Peshawar on March 31 to urge leadership of two nations to ease tensions and work towards peace, local media reported on Sunday. While addressing a press conference at Peshawar Press Club, Khan, who is head of Aspire Khyber Pakhtunkhwa, which, along with Qaumi Islahi Tehreek, is organising the jirga, said the national and political leaders, tribal elde…
Islamabad, March 29 (IANS) Prices of medicines have increased in the open market and the pharmaceutical hub of Bohor Bazaar in Pakistan’s Rawalpindi, with prices rising from 50 per cent to as high as 500 per cent, local media reported on Sunday. Prices of essential medicines, including those for diabetes and hypertension, antibiotics, gastrointestinal conditions and cough have increased. The price of an insulin injection device in the open market has increased from Pakistani Rupees (PKR) 2,200 t…
Islamabad, March 26 (IANS) More than 669,000 people are affected by Tuberculosis in Pakistan which causes 51,000 deaths in a year, local media in the country reported citing the latest stats revealed by the World Health Organisation (WHO) on World Tuberculosis Day. Pakistan holds a 73 per cent share of the TB burden within the WHO Eastern Mediterranean Region and is the fifth most affected in the world. Each day, more than 1,800 new cases are reported in Pakistan and 140 people die from tubercul…
Islamabad, March 25 (IANS) As many as 26 passengers were injured after seven coaches of Karachi-bound Tezgam derailed near Adam Wahan Railway Station on Bahawalpur-Lodhran section in Pakistan’s Punjab province, local media reported on Wednesday. Five bogies of the train, heading from Lahore to Karachi, overturned on Tuesday night. Following the incident, Lodhran Deputy Commissioner Abdul Hafiz, Additional Deputy Commissioner (ADC) Liaquat Gilani, the DPO and Rescue 1122 officials rushed to the s…
New Delhi, March 24 (IANS) The Asian Development Bank’s $10 billion credit to Pakistan till 2030 signalled continued multilateral confidence, but underscores the country’s heavy reliance on external support and the urgent need for structural reforms to solve institutional challenges, as per a media report.The editorial from Dawn highlighted that capital inflows alone cannot fix “institutional challenges.””The focus on integrated solutions by combining policy reforms with financing and technica…
Islamabad, March 24 (IANS) Crackdown on undocumented Afghan refugees in Pakistan’s Khyber Pakhtunkhwa is expected to intensify after Eid holidays, as per reliable sources, local media reported on Tuesday. The authorities had imposed a temporary halt on arrests during the Eid period to allow families to observe the festival peacefully. As the Eid celebrations concluded, law enforcement personnel are poised to resume strict actions, targeting Afghan refugees who do not have valid documents, Pakist…
Islamabad, March 24 (IANS) Pakistan continues to grapple with the aftermath of the 2022 floods, with 14,343 schools out of over 19,500 schools damaged across Sindh still awaiting restoration, according to local media reports.During a review meeting on school reconstruction and rehabilitation with Sindh Chief Minister Syed Murad Ali Shah, Education Minister Syed Sardar Shah informed that 19,808 schools across Sindh were damaged during the 2022 floods.Among the affected institutions, 5,465 schools…
New Delhi, March 20 (IANS) Pakistan’s rice exports declined by over 35 per cent in February despite government subsidies, raising concerns over the effectiveness of the support measures, according to a report.According to the report in Dawn, exporters said the subsidy programme had pushed up domestic prices, making Pakistani rice less competitive in global markets and undermining the intended benefits.However, official data from the Pakistan Bureau of Statistics showed that basmati rice export…
Islamabad, March 17 (IANS) A car worth Pakistani Rupees (PKR) 90 million has been bought for Pakistan’s Senate Chairman Yousuf Raza Gilani from the Senate’s budget even as a majority of the country’s population battles rising inflation, the local media reported.According to sources, the vehicle was purchased from the Senate budget and has already arrived at the Pakistan’s Senate Secretariat. When asked about the purchase, Gilani, a former Prime Minister of Pakistan, said that the car has already…