Pakistan plans to boost growth to an eight-year high as the government of Prime Minister Nawaz Sharif battles electricity shortages that have undermined South Asia’s second-biggest economy.
The economy will expand 5.1 percent in the year starting July from an estimated 4.1 percent in the outgoing year, Finance Minister Ishaq Dar said in an . . . → Read More: Despite energy woes Pakistan’s economy hits 8-year high
“Finance Minister Ishaq Dar should announce a 20 per cent in salaries of government employees and pensioners because they have been badly affected by the unprecedented hike in the price of food items,” Mian Mazoor Wattoo, Punjab president of Pakistan Peoples Party, said on Sunday.
. . . → Read More: MNA’s hit by price hikes, demand 20% increment: Manzoor Watoo
Pakistan’s commitment to the International Monetary Fund (IMF) to sell 26% shares of national flag carrier Pakistan International Airlines (PIA) by the end of this year was not sacrosanct and a lot depended on the report of financial adviser, said Privatisation Secretary Amjad Ali Khan. . . . → Read More: What became of PIA’s privatization?
Pakistan’s former military ruler Pervez Musharraf has defended himself in his first interview since his house arrest earlier this year, telling a local television station he did his best for the nation.
The interview, recorded several weeks ago, aired late on Thursday, just days before a special tribunal to decide whether Musharraf committed high treason . . . → Read More: Musharraf defends his (mis)deeds
In an attempt to tighten the noose around the affluent tax evaders, the Federal Board of Revenue (FBR) will target residents of the upscale neighbourhoods in metropolitan cities.
Talking to media about the move, FBR Chairman Tariq Bajwa said on Wednesday that residential landholders in the posh areas would be the first target of the . . . → Read More: FBR to go after the rich
Over the last five years, one question that has remained of integral significance amongst political contentions has been; was former military chief Pervez Musharraf better than this current ‘battered but not shattered’ democracy?
You can easily find a group of people who believe that his ‘martially-democratic’ epoch from 1999 to 2008 was better than the current democracy we . . . → Read More: Give Musharraf a second chance
It is a crazy story, one that could have only happened to him: Dominique Strauss-Kahn, former head of the International Monetary Fund, whose multiple talents offered the chance to achieve the loftiest goals — yet who was capable of sacrificing it all for the most trivial of pleasures.
. . . → Read More: Psychological Profile of Dominique Strauss-Kahn
KABUL—Afghanistan’s central bank governor has left for the U.S. and isn’t expected to return because he fears for his safety after investigating fraud allegations at the country’s largest lender, according to two Western officials.
Bank Governor Abdul Qadir Fitrat left Kabul for the U.S. about 10 days ago, one of these people said. Last year . . . → Read More: Afghan Central Bank Chief Flees to U.S. and Quits Post