Renowned poet/drama writer Amjad Islam Amjad passes away in Lahore. The news of his death was confirmed by his family. According to them, the 78-year old poet died to a heart attack. Amjad was born on August 4, 1944 in Lahore. He did his Maters in Urdu from University of Punjab in 1967. In 1968, he was appointed as …

  The State Bank of Pakistan (SBP)-held foreign exchange reserves fell below $3 billion to a nine-year low as the cash-strapped nation faces hurdles in shoring up its economy amid a stalled International Monetary Fund (IMF) programme. The coalition government is desperately trying to unlock the IMF deal, with the lender’s mission in Islamabad to negotiate the terms for resuming …

  ISLAMABAD, Feb. 9 (INP): Pakistani Foreign Minister Bilawal Bhutto Zardari has welcomed the appointment of former Chinese ambassador to Pakistan Nong Rong as the Chinese Assistant Minister of Foreign Affairs. Speaking to Gwadar Pro, the FM said Ambassador Nong Rong played a great role in bringing Pakistan and China even closer during his tenure as the Chinese ambassador to …

  ISLAMABAD, Feb. 9 (INP): A Pakistani girl has dialogue with Chinese astronaut on space science, Gwadar Pro reported on Thursday. Aasiya Ismail, a 17-year-old girl from Islamabad Model School for Girls, had the chance to express her thoughts and questions to Chinese astronaut and got reply on the ceremony of the return Pakistan’s seeds from the Chinese space station held …

  ISLAMABAD, Feb 9 (FD): The Pakistani authorities are expecting the International Monetray Fund (IMF) to share the draft memorandum of economic and financial policies (MEFP) with them today despite differences over external financing needs and power sector losses, reported The News. Pakistan and the IMF were scheduled to hold parleys from January 31 to February 9, 2023 for making …

  ISLAMABAD, Feb 9  (FD):  Minister of State for Petroleum Musadik Malik has rejected all rumours regarding shortage of petroleum products in the country. Addressing a news conference in Islamabad on Wednesday, he said Pakistan has sufficient stock of diesel and petrol. Warning the hoarders, the Minister of State said government will cancel the licenses if someone found involved in …

  ISLAMABAD, Feb 9 (FD):  The Supreme Court on Wednesday directed the Earthquake Reconstruction and Rehabilitation Authority (Erra) to submit complete details of the funds received and spent on the reconstruction of Khyber Pakhtunkhwa districts after the earthquake in 2005. A three-member bench of the apex court, headed by Justice Ijazul Ahsan, heard a suo motu case on the reconstruction …

  Pakistan and the International Monetary Fund (IMF) will hold the final round of economic review talks today, February 9, with the hope of reaching an agreement. The IMF mission has been in Islamabad since January 31 to sort out the differences over fiscal policy that has stalled the release of more than $1 billion from $6.5 billion bailout package …

  ISLAMABAD, Feb 9 (FD):  Differences persist over external financing needs and power sector losses between the International Monetary Fund (IMF) and Pakistani side, delaying handover of the draft memorandum of economic and financial policies (MEFP) to the Pakistan side. The scheduled timeframe for completion of the 9th review is going to end on Thursday (today). Keeping in view the …

  ISLAMABAD, Feb 9 (FD):  All eyes are on the Islamabad High Court, which is going to take up the petition seeking the disqualification of former prime minister Imran Khan for concealing his alleged daughter in the nomination papers. Earlier this week, the court formed a three-member larger bench to hear the plea, which is led by IHC Chief Justice …