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Pakistan's current account deficit soars to $572m
KARACHI:
Pakistan’s current account deficit – the difference between country’s expenditure and income – spiked to $572 million in April 2020 but remained largely under control and affordable on the back of recent growth in the country’s foreign currency reserves.
The current account deficit soared 64-fold in April compared to $9 million in the previous month of March, the State Bank of Pakist... |
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People not taking Covid-19 seriously after SC’s remarks, AG tells court
ISLAMABAD:
Attorney General for Pakistan Khalid Javed Khan on Tuesday told the Supreme Court that people were not taking the Covid-19 threat seriously after the apex court’s remarks making it difficult for the administration to take measures to curb the deadly pathogen.
Advocate General Sindh endorsed the opinion saying the lockdown is no more effective as shops have been allowed to open.
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COAS discusses Balochistan terror attack on Pakistani troops with Iranian military chief
Chief of the Army Staff General Qamar Javed Bajwa held a telephonic conversation with his Iranian counterpart and discussed the recent terror attack on Pakistani troops in Balochistan among other matters of importance.
On Friday, six Pakistani security personnel, including an officer, were martyred when their vehicle struck an improvised explosive device while returning from a routine patrol.
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Govt to end lockdown from 9th in phases
Prime Minister Imran Khan on Thursday announced that the National Coordination Committee (NCC) on Covid-19 had decided to end the coronavirus-induced lockdown — imposed across the country for nearly one and a half months — from May 9 (Saturday) in different phases as the tally of patients suffering from the infections surged past 24,500 and the death toll moved close to 600.
The announcement ca... |
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Pakistan formally applies for G-20 debt relief
Pakistan has formally requested members of G-20 nations for debt relief with a commitment of not contracting new non-concessional loans, except those allowed under the International Monetary Fund (IMF) and World Bank guidelines.
The formal requests were sent to individual countries on Friday under the G-20 Covid-19 Debt Service Suspension Initiative, a senior official of the economic affairs mi... |
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FM Qureshi, Swiss counterpart discuss coronavirus pandemic over phone
ISLAMABAD:
Foreign Minister Makhdoom Shah Mahmood Qureshi on Friday discussed matters related to Covid-19 pandemic, which has so far infected over three million people and claimed more than 235,000 lives across the world, with his Swiss counterpart Ignazio Cassis over telephone.
During the conversation, Qureshi offered condolences over the loss of precious lives and commended efforts made by ... |
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New Delhi's attitude dangerous for not only Muslims but all Indian minorities: FM Qureshi
ISLAMABAD:
Foreign Minister Shah Mehmood Qureshi on Wednesday said that attitude of the Indian government is not only dangerous for Muslims but for all the minorities living in India.
While quoting analysis of New York Times, Washington Post and The Guardian on United States Commission on International Religious Freedom’s (USCIRF) report, which recommends that the State Department should desi... |
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'Complete lockdown not a feasible option'; nationwide tally rises to 13,328
KARACHI / ISLAMABAD / QUETTA / PESHAWAR / LAHORE / GILGIT / MUZAFFARABAD:
The novel coronavirus emerged in the central China city of Wuhan towards the end of last year and proliferated to almost the whole world within a couple of months. It’s not the virulence or fatality, but the infectivity of the new virus – also known as SARS-CoV-2 – that has set off a global frenzy.
The Covid-19 respirat... |
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Using ISI tech to trace Covid-19 patients: PM Imran
ISLAMABAD:
Prime Minister Imran Khan on Thursday surprised the nation when he revealed during a live ‘Ehsaas Telethon’ that the government was using the Inter-Services Intelligence (ISI) technology to trace the suspected Covid-19 patients.
“The government is using a system, which was originally designed to trace terrorists, to find the suspected coronavirus cases,” Premier Imran said during a... |
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Modi targeting Muslims to divert backlash from coronavirus lockdown: PM
Prime Minister Imran Khan has hit out at his Indian counterpart for “targeting” the minority Muslim community, describing it as an attempt to divert backlash from coronavirus lockdown, “which has left thousands hungry”.
Prime Minister Narendra Modi had announced a 21-day nationwide lockdown in late March to contain the spread of the Covid-19. The lockdown has been extended till May 3 at least.
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