WASHINGTON DC: The World Bank has granted approval for a $350 million loan to Pakistan. This financial support falls under the Rise to Program, aimed at enhancing competitiveness in Pakistani financial management and fostering sustainable and inclusive economic development. Highlighting the urgency of financial reforms in Pakistan, the World Bank emphasized the critical need for these measures. Naji bin Hussain, World Bank Country Director, explained that the Rise to Program represents a significant milestone in tax, energy, business, and climate reforms, ultimately geared towards boosting revenue. Bin Hussain further detailed that the program’s objectives include improving spending targets, enhancing competitiveness,…
Author: Sajjad Ali
WASHINGTON: The Colorado state court has ruled that former United States President Donald Trump is unfit for election. The court cited his involvement in the Capitol Hill attack as the basis for declaring him ineligible to run as a candidate. It’s important to note that this decision specifically applies to Colorado. The Supreme Court of Colorado made history by disqualifying Donald Trump from participating in the presidential primary scheduled for March 5, 2024. This marks the first instance in U.S. history where a court has invoked the 1868 clause to bar a presidential candidate. In response, a spokesperson for Donald…
RAWALPINDI: The Anti-Narcotics Force (ANF) recovered 91 kg of drugs in five operations against drug trafficking and arrested two suspects. According to ANF spokesperson, 1.796 kg of ice was recovered from the shoes and bag of a Saudi Arabian passenger at Lahore Airport. 76 grams of weed has been recovered from a parcel sent from UK at a courier office in Rawalpindi. The accused has been arrested after recovering 48 kg hashish from a truck near Vender on RCD road Rawalpindi. 25 kg of hashish has been recovered from Quetta and 17 kg from Zakhakhel area of Khyber. The spokesperson…
PESHAWAR: The caretaker government of Khyber Pakhtunkhwa (KP) on Tuesday announced the winter vacations schedule for public and private educational institutions in both plain and hilly areas for the academic year 2023-24. As per the notification from the Elementary and Secondary Education Department, educational institutions in plain areas will have a winter break from December 23 to 31, with schools reopening on January 1, 2024. In hilly or snowy areas, schools will be closed from December 23 to February 29, 2024, with educational institutions reopening on March 1 in the respective zone. The KP’s Higher Education, Archives, and Libraries Department…
LAHORE: Chief Selector of the Pakistan national cricket team Wahab Riaz has revealed the 17-member squad for the upcoming tour of New Zealand. In a press conference alongside consultant Kamran Akmal, the caretaker minister announced Shadab Khan’s absence due to injury and the rest advised for wicketkeeper Muhammad Haris. Shaheen Shah Afridi will assume the leadership role for the tour, with notable players such as Babar Azam, Muhammad Rizwan, Fakhar Zaman, Iftikhar Ahmed, Saim Ayub, Muhammd Nawaz, Azam Khan, Osama Mir, Abrar Ahmed, Wasim Jr., Zaman Khan, Abbas Afridi, Aamir Jamal, Haris Rauf, Haseebullah Khan, and Sahibzada Farhan making up…
ISLAMABAD: Former prime minister and founder chairman of Pakistan Tehreek-e-Insaf (PTI) Imran Khan has filed petition in the Islamabad High Court (IHC) against the cypher case, seeking acquittal and asserting the invalidity of the proceedings. In the petition filed by PTI founder Imran Khan, the argument is presented that the proceedings from November 23 until now are deemed illegal. The petition highlights that on December 12, the trial court dismissed their plea against the cypher case, contending that the trial court judge misinterpreted the term ‘complaint’ in Section 13(2)(3) of the Official Secrets Act. According to the petition, the legal…
ISLAMABAD: The Election Commission of Pakistan (ECP) on Tuesday issued guidelines for candidates submitting nomination papers. Nomination papers can be submitted between December 20 and 22, with a fixed fee of Rs.100. Candidates can submit up to five nomination papers, each with different endorsers. The National Assembly seat candidate fee is Rs.30,000 (non-refundable), while the Provincial Assembly seat candidate fee is Rs.20,000 (non-refundable). Candidates must attach income tax return documents from the last three years. Basic qualifications include Pakistani citizenship and a minimum age of 25. National Assembly contestants must be voters anywhere in Pakistan, while Provincial Assembly candidates must…
ISLAMABAD: Authorities have confirmed the passing of a 40-year-old patient undergoing treatment for both monkeypox and HIV at the Pakistan Institute of Medical Sciences (PIMS) in Islamabad two days ago. The patient, who arrived from Saudi Arabia, had been receiving medical care for monkeypox at PIMS for the past one and a half months, facing the complex challenges posed by both monkeypox (m-pox) and HIV. The intertwining health conditions underscore the heightened vulnerability of individuals with compromised immune systems. NIH Refutes Monkeypox Fatality at PIMS Contrary to earlier reports, the National Institute of Health (NIH) dismisses the notion of a…
ISLAMABAD: The Supreme Court of Pakistan, on Tuesday, rejected a review petition concerning constituencies in Balochistan’s PB-12 constituency, emphasizing that electoral constituencies cannot be altered once the election schedule is released. Details reveal that petitioner Amir Khan had approached the Supreme Court against the Balochistan High Court’s (BHC) decision. The three-member bench, led by Acting Chief Justice Sardar Tariq Masood, dismissed the petition. The Supreme Court also dismissed another petition seeking to postpone the elections, where objections were raised regarding electoral constituencies. Acting Chief Justice Sardar Tariq Masood emphasized the significance of the general election date, stating that it brings…
KARACHI: Pakistan’s exports to China experience a remarkable surge of 72.78 percent on an annual basis. Official data reveals that in the initial five months of July to November in this fiscal year, Pakistan’s exports to China witnessed a substantial increase of 72.78% compared to the same period in the previous fiscal year. The surge is attributed to the Pakistan-China Free Trade Agreement and favorable pricing in the Chinese market. During July to November of this fiscal year, Pakistan exported $1.31 billion to China, marking a significant rise of 72.78% from the $756.98 million recorded during the same period in…