That a budget can be ‘populist and fiscally expansionary’ and yet advance governance and financial reforms is the key takeaway from Khyber Pakhtunkhwa’s budget proposals for the next fiscal year. The Rs1.33 trillion budget prepared with an eye on the next general elections is a distinctive combination of the populist …
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LAHORE: Speaker Chaudhry Parvez Elahi says the governor has taken an illegal step by issuing an ordinance to place Punjab Assembly under the law secretary. Speaking to former Punjab Governor Omar Sarfraz Cheema, who called on him at his residence, Mr Elahi said “an attempt has been made by the …
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LOCATED as the country is in a tough neighbourhood, and confronting multiple external and internal crises, it is essential that Pakistan’s foreign policy is progressive and receptive to swiftly changing global realities, without compromising on principles. In this regard, Foreign Minister Bilawal Bhutto-Zardari’s comments made at a think tank in Islamabad recently …
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ISLAMABAD: Prime Minister Shehbaz Sharif on Friday lauded efforts of Minister for Industries and Production Makhdoom Murtaza Mehmood for making timely arrangements for import of edible oil from Indonesia. During a meeting with the minister, he said the import of edible oil would help reduce prices of the commodity in …
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KARACHI: Marred by low turnout, mismanagement on part of the Election Commission and poor performance of the law-enforcement agencies, the by-election in Karachi’s NA-240 turned into a deadly episode on Thursday. Armed attacks, clashes between workers of rival parties and an assault on election camps left at least one man …
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ISLAMABAD: The Islamabad High Court (IHC) on Thursday observed that the issue related to the alleged forged trust deed of Pakistan Muslim League-Nawaz (PML-N) leader Maryam Nawaz was beyond the jurisdiction of the National Accountability Bureau (NAB). A division bench, comprising Justice Aamer Farooq and Justice Mohsin Akhtar Kayani, resumed …
Read More »The US dollar continued to extend gains on Friday as it crossed Rs208 during early morning trade in the interbank market — a trend analysts attribute to a delay in the deal with International Monetary Fund (IMF) and the rapidly depleting foreign exchange reserves. According to the Forex Association of …
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LAHORE: A Lahore High Court larger bench on Thursday sought arguments from a counsel for Chief Minister Hamza Shehbaz whether the court could nominate anyone to administer oath to a chief minister-elect if the governor refused to do so. The bench headed by Justice Sadaqat Ali Khan was hearing appeals …
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ISLAMABAD: Prime Minister Shahbaz Sharif directed the authorities concerned on Wednesday to address the administrative, financial and development issues confronting the governments of Azad Kashmir and Gilgit- Baltistan. According to the Prime Minister’s Office, Shahbaz Sharif asked Qamar Zaman Kaira, Adviser on Kashmir affairs and Gilgit-Baltistan, to get in touch …
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LAHORE: The running of the Punjab Assembly will cost over Rs10 million a day during the next financial year as the provincial budget on Wednesday allocated a healthy sum of Rs3.688 billion to it to meet its expenses. The current allocation represents a 23pc increase over its revised expenditure of …
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