pakistan

Gas tariff likely to go up in Pakistan

The Economic Coordination Committee in Pakistan is likely to approve an increase in gas tariff prices as part of conditions set by the International Monetary Fund. The proposed hike includes a rise in prices for proactive, non-protected consumers and KEPTO plants. Pakistan is also expected to sign a new loan program with the IMF.

Pakistan likely to sign fresh IMF loan programme

Pakistan is likely to sign a new three-year loan program with the IMF to replace the current one. The program will include sharing budget proposals for FY-2024-25 and committing to raising electricity and gas prices while reducing subsidies. The new conditions are expected to be tougher than the current program.

President Biden aware of elections in Pakistan: White House

President Biden is aware of the recent general election in Pakistan, acknowledging the substantial voter turnout and diversity among participants. The White House has expressed support for the democratic process and emphasized the importance of respecting the will of the Pakistani people and ensuring transparency in the election process. Political uncertainty persists following the election.

People of Pakistan won today: Celebrity reactions pour in as election result is awaited

Pakistani celebrities share varied reactions after voting in the election, expressing pride and hope for change. Farhan Saeed and Shehzad Roy commend citizens for voting, while Asim Azhar voices frustrations with obstacles. Others, like Aijaz Aslam, Sonya Hussyn, and Maya Ali, urge followers to utilize their voting rights. Fatima Bhutto expresses skepticism about election outcomes. Additional reactions are expected as results unfold.

Election 2024 Pakistan: Overview of NA-20 Swabi (II)

In light of the upcoming Pakistan 2024 elections, NA-20 Swabi is a key constituency in Khyber Pakhtunkhwa. Notable contenders include Shahram Khan Tarakai (PTI), Usman Tarakai (PPP), and others. The Tarakai family feud is a prominent feature, with Usman contesting against his nephew Shahram. With 557,897 registered voters, the electorate's decision will impact the constituency's future. The candidates have engaged voters through rallies, prioritizing issues such as healthcare and governance. On February 8, 2024, voters will shape the path forward for NA-20 Swabi and Pakistan.

Germany to provide EUR 45 million support to Pakistan

Germany signed agreements with Pakistan to contribute 45 million Euros for bilateral cooperation in climate, energy, economic development, training, health, and social protection. The partnership aims to address global challenges and benefit both countries. The ongoing and new projects are aligned with German development cooperation thematic areas. The cooperation underlines a longstanding relationship and supports Pakistan's socio-economic development.

Elections 2024 Pakistan: Frequently Asked Questions

The upcoming Pakistan elections in 2024 are expected to be contested among various political parties. The FAQ addresses topics such as voter rights, candidate eligibility, polling procedures, and election disputes. It also covers issues related to security deposits, nomination procedures, and legal aspects of election processes.

Pakistan’s weekly inflation dips by 0.28 per cent

Pakistan's weekly inflation, as measured by the Sensitive Price Indicator (SPI), decreased by 0.28%. This decrease was observed in the combined consumption groups. The SPI, with a base year of 2015-16 = 100, covers essential items in 17 urban centres. Prices of several items both increased and decreased during the week.

Pakistan ‘shares’ electricity tariff plan with IMF

Pakistan has proposed lowering the electricity tariff for its export sector by reducing it from 14 cents to 9 cents, a move shared with the International Monetary Fund (IMF). Despite the IMF's previous rejection, the government aims to enforce the plan upon the lender's approval. Additionally, the IMF has revised Pakistan's 2024 growth estimate to two percent, lower than the government's target.

Pakistan to airlift bodies of labourers killed in Iran today

Pakistan will airlift the bodies of nine laborers killed in a terrorist attack in Sistan Baluchestan, Iran. The mortal remains will be transported from Taftan border to Multan. The attack on January 27 resulted in the death of nine Pakistani nationals and injury of three others. The victims had been working in Iran for the past decade.