Islamabad, June 3 (IANS) Leaders of the All Government Employees Grand Alliance (AGEGA) Punjab have said that the soaring inflation in Pakistan has reduced the purchasing power of government employees, making it difficult for them to manage household expenses from their limited incomes, according to local media reports on Wednesday. In a joint statement, AGEGA leadership stated that provincial government employees, especially those in Punjab and other provinces, have not yet received the 30 per …
Latest Prime Minister Shehbaz Sharif News & Updates
New Delhi, May 19 (IANS) Field Marshal Asim Munir is in complete control of Pakistan. The country may be ruled by a democratic government, but the fact is that the Pakistan Army under Munir is in complete control. However, even as Prime Minister Shehbaz Sharif and Asim Munir put up a united front, in reality there are tensions brewing over massive military spending.For the outside world, it appears as though everything is hunky-dory between the government and the Pakistan Army.While to a certain…
New Delhi, May 18 (IANS) Pakistan Railways is facing pending employee-related liabilities worth Rs 21.36 billion (Pakistani rupee), with dues of retired and serving staff remaining unpaid despite claims of improved financial performance, a report has said.According to official documents cited by SAMAA TV, a dispute has emerged between the Ministry of Railways and the Ministry of Finance over the release of funds required to clear the outstanding payments.The neighbouring country’s Railways Min…
New Delhi, May 17 (IANS) Pakistan’s prolonged focus on “economic stabilisation” without meaningful structural reforms risks trapping the country in a cycle of stagnation and recurring crises, a report has said.The report came after Prime Minister Shehbaz Sharif acknowledged that the ongoing US-Iran conflict had negatively impacted Pakistan and other economies in the region through rising energy prices, geopolitical uncertainty and disruptions in trade and supply chains, according to an edi…
New Delhi, May 5 (IANS) The conflict between the United States and Iran has triggered a severe energy price shock through Pakistan’s economy which is in dire straits with rising inflation, dwindling foreign exchange reserves and a fast depreciating currency.According to an article in India Narrative, this is not merely a transient shock for Pakistan, one of South Asia’s most fragile states, but a structural blow to the economy. It points out that Pakistan is the “primary casualty” in the…
Islamabad, May 4 (IANS) Media bodies and civil society organisations have voiced concern over increasing curbs on press freedom and growing risks to journalists in Pakistan, local media reported on Monday. In a joint statement released to mark the World Press Freedom Day, the Joint Action Committee — comprising the Pakistan Broadcasters Association (PBA), the All Pakistan Newspapers Society (APNS), the Council of Pakistan Newspaper Editors (CPNE), the Association of Electronic Media Editors an…
New Delhi, May 1 (IANS) Pakistan is confronting its most serious fuel‑price shock in over half a century, which could trigger a cascade of economic problems and undermine Prime Minister Shehbaz Sharif’s government, a new report has said.The report from Aljazeera said soaring global oil costs have hit Pakistan particularly hard because the country is heavily dependent on imported energy and remittances from Gulf states, along with an “already precarious balance-of-payments position.” The West…
New Delhi, April 9 (IANS) Galgotias University continued to face heavy backlash on social media on Thursday, after drawing criticism over full-page advertisements in leading Indian newspapers claiming global recognition.Several netizens on X took fresh jibes at the university’s promotional campaigns, questioning its claims and mocking its branding.In one post, a user shared an image of the university’s event and sarcastically asked, “Is it made by China, I mean by Galgotias University? Just …
New Delhi, April 4 (IANS) Pakistan’s already weak economy is coming under fresh pressure as the country prepares to repay $3.5 billion to the United Arab Emirates this month, even as relations between the two sides show signs of strain.According to a report by The Express Tribune, Islamabad has decided to return the loans in phases throughout April.The report said that around $450 million will be paid next week, followed by $2 billion and another $1 billion later in the month.The move comes af…
New Delhi, March 28 (IANS) Pakistan fast bowler Naseem Shah is under scrutiny from the Pakistan Cricket Board (PCB) after a controversial social media post, since deleted, appeared to criticise Punjab (province of Pakistan) Chief Minister Maryam Nawaz during the opening match of the Pakistan Super League (PSL).The post, which originated from Naseem’s official X account, quote-tweeted a PCB media update from the PSL opener between Quetta Gladiators and Hyderabad Kingsmen in Lahore. It read, “…