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Govt to present budget 2024-25 on June 10: sources

  • 2 min
The Pakistan government will present the budget for the financial year 2024/25 on June 10, delayed from the original date of June 7 due to Prime Minister Shehbaz Sharif's visit to Beijing from June 4 to June 8. Inflation may increase as the IMF has requested Pakistan to reduce sales tax exemptions.
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US delays sale of assault rifles to Israel over settler violence -sources

  • 2 min
The Biden administration has opted to defer the sale of more than 20,000 U.S.-manufactured rifles destined for Israel, citing apprehensions regarding attacks carried out by Israeli settlers against Palestinians in the occupied West Bank. This decision, disclosed by sources familiar with the matter on Wednesday, reveals a diplomatic pivot rooted in concerns about the potential misuse of the weapons in ongoing conflicts in the region.
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Karachi businessmen urge PM to extend caretaker setup: sources

  • 2 min
Karachi businessmen have urged caretaker Prime Minister Anwarul Haq Kakar to extend the caretaker setup for two years to maintain continuity in successful economic policies. They praised the interim government's efforts and emphasized the need for prolonged policies for the revival of Pakistan's economy. PM Kakar also launched Pakistan's first-ever sovereign Ijarah Sukuk. - Khabristan.PK