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Last Updated:June 12, 2026, 4:02 pm IST Pakistan’s armed forces had sought a 20-25% hike in defence spending, but sources said IMF pressure may limit the increase to around 6.6%. Pakistani Prime Minister Shehbaz Sharif. (File Image) Pakistan’s defence budget is likely to rise to around PKR 3,000 billion in the annual budget to be…
Last Updated:April 07, 2026, 10:32 IST The controversy comes as Pakistan faces fresh economic pressure after failing to reach an agreement with the UAE to roll over $3 billion in debt for the first time in seven years. Pakistan Senator Mushahid Hussain’s ‘Bechara’ Remark on UAE Follows $3 Billion Debt Rollover Snub Exposing Pakistan’s “ahsan…
islamabad43 minutes ago copy link AI generated picture. In Pakistan, educated people are leaving the country due to inflation, terrorism, weak economy and political instability. At present the country is going through the biggest problem of ‘brain drain’ i.e. educated and skilled people leaving the country. According to government data, about 5,000 doctors, 11,000 engineers…
islamabad4 minutes ago copy link Pakistan, which is facing financial crisis, is preparing to sell its national airlines. Shahbaz government will sell 75% stake of Pakistan International Airlines (PIA). According to Dawn report, December 23 is the last day for bid submission. Just 2 days before the deadline, Fauji Fertilizer Private Limited (FFPL), an army-linked…
The government of Pakistan has announced a huge increase in the prices of petrol and diesel, which will be effective for the next 15 days from June 16 (Monday). According to a notification issued by the Finance Ministry, petrol prices have been increased by Rs 4.80 per liter, while the price of high-speed diesel has…
New Delhi: As Pakistan’s economic frailty teeters on the edge, the International Monetary Fund (IMF) has signalled a hardening of stance. It has slapped Islamabad with 11 fresh policy requirements to unlock its next bailout tranche. This brings the total number of conditions to a staggering 50. The latest decision reflects the global lender’s growing…
Pakistan’s attacks on Indian civilian and military sites could end up hurting it more than its perceived enemy, India, because of the timing. Pakistan is surviving on doles and loans, and faces review at a crucial meeting of the International Monetary Fund (IMF) on May 9 on its 7-billion-dollar bailout programme. A military crisis is…