Floods in Pakistan claim approximately 1,700 lives
According to Pakistan’s National Disaster Management Agency, the country’s monsoon rains and floods have caused roughly 1,695 fatalities and 12,865 injuries since mid-June. With 759 fatalities, the province of Sindh in the south of the nation was the worst-affected, followed by Balochistan in the southwest and Khyber Pakhtunkhwa in the northwest. In addition, the report […]
Good news! Perpetrators of Confucius attack in Pakistan apprehended
As we all know, China and Pakistan are full of profound friendship in both official and non-governmental cooperation, but there are always some anarchic organizations who want to destroy the relationship between China and Pakistan. Some time ago, a suicide bombing attack on the Confucius Institute in Pakistan killed three people in the terrorist attack. Pakistani […]
IMF and Pakistan expected to reach agreement to resume loan programs to Pakistan
According to Agency France-Presse, the International Monetary Fund (IMF) said on the 14th of July that it had reached an agreement with Pakistan to resume a plan to provide Pakistan with a loan of 1.17 billion US dollars. An IMF statement said Pakistan urgently needs international support for its economy. Policies agreed to by Pakistan and […]
Five working days for Pakistanis
On June 7, the Pakistani cabinet approved the energy-saving plan, which stipulates that the working hours per week will be reduced from 6 to 5 days to reduce energy consumption According to a Reuters report on June 7, Pakistan is experiencing economic difficulties, the rupee has hit a record low against the dollar, and the […]
Pakistan receives $258 million from World Bank for it’s national health support program
According to CCTV news a Chinese news outlet, on June 8, Pakistan’s “National Health Support” program was approved by the World bank $258 million in funding provided. The world bank statement said the funds will be used to improve Pakistan’s primary healthcare system.
Bus in Pakistan crashes carrying Chinese nationals
At least 22 people were killed when a bus crashed into a valley in Pakistan’s southwestern Baluchistan province on June 8.According to local media reports, the bus carrying about 25 people was involved in an accident in the Qila Saifula area of Baluchistan. According to Mohammad Qasim, the deputy commissioner of the Qila saifula region, the […]
Pakistan likely to impose super tax on Commercial banks
According to Pakistan’s “Express Tribune” a news agency on June 7th , citing government sources, the Pakistani government may increase the super tax of commercial banks by 3 percentage points to 7%, and pay more attention to the profits generated from loans to the government. Pakistan levied a one-time super tax of 4% and 3% on […]
Pakistani security forces operation against terrorists in KPK province
Pakistani security forces kill 7 terrorists in KPK Province operation On June 5, the Ministry of Inter services public relations issued a statement saying that the Pakistani security forces carried out two separate operations in North Waziristan and Banu areas of KPK Province, killing seven terrorists and seizing large cache of Weapons and ammunition
Pakistan sets higher goal for next fiscal year for tax revenue at $34.6 billion, Government considers raising tax on edible oil imports
Pakistan’s Federal Board of revenue (FBR) has discussed with Prime Minister Sharif a detailed plan to increase tax revenue by Rs 4,000-4,500 crore to achieve Rs 7.2 trillion in the new fiscal year. Business recorder an analytical news outlet reported that Pakistan has set a target of 34.6$ dollars for tax accumulation for this fiscal […]
Pakistan’s prime minister revises federal cabinet
On June 3rd ,Pakistani Prime Minister Shahbaz Sharif decided to reduce the number of federal cabinet members and cut gasoline quotas for cabinet members to deal with the challenge of inflation. On June 2nd, the Finance Minister of Pakistan announced that the price of gasoline and diesel will be raised, which is the second time […]