Pakistan

LNG crisis

CASH-STRAPPED Pakistan’s energy crisis is set to worsen over the next several weeks as it struggles to procure LNG at an affordable rate when little is available in an international market that has been sorely affected by the political fallout of the Russia-Ukraine war. The global LNG shortages have sent …

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Role of the judiciary

THE role of the judiciary has once again taken centre stage. For an apolitical institution that is built upon the tenets of independence, due process and equality, it is concerning how often its most senior members become arbiters of political events. Unlike most other countries, personalities in the superior judiciary …

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Pakistan, China ink $2.3bn loan deal

Pakistan Wednesday inked a $2.3 billion loan facility agreement with a consortium of Chinese banks to help shore up the depleting foreign exchange reserves and appreciate the fast depreciating rupee. Finance Minister Miftah Ismail announced the development on his Twitter handle, revealing that the inflows were expected within a couple …

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