ISLAMABAD, June 09(ABC): A day before announcing the budget for the fiscal year 2022-23, the coalition government reflected upon the performance of the economy for the outgoing fiscal year with a growth of 6% against the envisaged target of 4.8%. Finance Minister Miftah Ismail, who succeeded Shaukat Tarin as the country’s finance czar in mid-April (which interestingly is when the …

ISLAMABAD, June 12(ABC): The International Monetary Fund (IMF) is still unhappy with the government over the budget, mainly because they did not implement the Personal Income Tax (PIT) measures suggested by it, revealed Finance Minister Miftah Ismail Saturday. Addressing the post-budget news conference at P-Block Auditorium, Ismail said there was no development on the IMF front at the moment. ‘No …

ISLAMABAD, June 09 (ABC): Prime Minister Shehbaz Sharif has called for collective efforts to end power outages and problems faced by the masses. He made the remarks in Islamabad while getting a briefing on the power situation in the country on Thursday. Officials of the Ministry of Energy apprised the PM of the latest situation of load-shedding in the country. …

ISLAMABAD, June 12(ABC): Former prime minister Imran Khan thinks that the “powerful quarters” are disturbed due to the ongoing political and economic crisis. In conversation with journalists and anchorpersons on Saturday, the PTI chairman said the only way to ensure the ongoing crisis is resolved is for the government to hold elections. The ousted prime minister said he had two …

KARACHI, June 09(ABC): MNA Dr Amir Liaquat Hussain passed away on Thursday. The Rescue 1122 officials shifted him to hospital as he was unwell. His servant told that Amir Liaquat had wept the last night, saying his wife has deceived him. “His condition started deteriorating at 10:30pm. He was shifted to hospital,” he added. DIG East Muqadas Haider said that …

  ISLAMABAD, June 11(ABC): Prime Minister Shehbaz Sharif has asked Speaker Raja Pervez Ashraf to hold discussion on the sanctity of last Prophet Hazrat Muhammad (SAWW) in the National Assembly on Monday. In a statement today [Saturday], the Prime Minister strongly condemned BJP leaders’ blasphemous remarks. He said the remarks have hurt the sentiments of 1.25 billion Muslims across the …

LAHORE, June 11(ABC): A special court hearing the Rs16 billion money laundering case filed by the Federal Investigation Agency (FIA) against Prime Minister Shehbaz Sharif and his son, Punjab Chief Minister Hamza Shehbaz, on Saturday granted the two an extension in bail. PM Shehbaz and Hamza have been asked to pay Rs1 million in surety bonds each within seven days. …

ISLAMABAD, June 09(ABC): Prime Minister Shehbaz Sharif said on Wednesday that time has come for political forces and all stakeholders to rise above their narrow interests and agree on Charter of Economy. In a series of tweets on Wednesday, the prime minster said that Pakistan s economic security is deeply linked to its political stability and time has come for political …

RAWALPINDI, June 09(ABC): Chief of Army Staff (COAS) General Qamar Javed Bajwa on Wednesday expressed satisfaction over progress of Operation Radd-ul-Fasaad and lauded the achievements made thus far. According to a statement issued by Inter Services Public Relations (ISPR), the Army Chief presided over the 80th Formation Commanders’ Conference held here at (GHQ). Gen Bajwa laid special emphasis on maintaining …

RAWALPINDI, June 09(ABC): The Pakistan Army on Wednesday issued a warning and said that it reserves the right to take legal action against people involved in “peddling malicious allegations and blatant lies” against its leadership. According to a statement issued by the Inter-Services Public Relations (ISPR), “insinuations made by people on social media quoting the former finance minister Shaukat Tarin …