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Bridging The Gap
Nawaz sentenced to 7 years in jail in Al-Azizia reference, arrested from courtroom Nawaz sentenced to 7 years in jail in Al-Azizia reference, arrested from courtroom
ISLAMABAD: Deposed prime minister Nawaz Sharif was arrested from the courtroom after he was found guilty in the Al-Azizia corruption reference and was sentenced to seven years in prison. The court acquitted the PML-N supremo in the Flagship reference but imposed a fine of Rs1.5 billion. His sons, Hassan and Hussain, were declared absconders. The verdict was announced by Judge Arshad Malik ...
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UAE matches Saudi Arabia with $3b support to Pakistan ‘in testing times’ UAE matches Saudi Arabia with $3b support to Pakistan ‘in testing times’
The United Arab Emirates announced on Friday that it would deposit $3 billion in the State Bank of Pakistan to bolster the country’s dwindling foreign reserves. With the announcement, the UAE will match assistance from Saudi Arabia which agreed to park $3 billion in Pakistan’s foreign exchange reserves. In a statement carried by the state-run WAM news agency, the Abu Dhabi Fund for Developme...
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PTI govt likely to present second mini-budget in Jan PTI govt likely to present second mini-budget in Jan
The four-month old government of the Pakistan Tehreek-e-Insaf (PTI) may present its second mini-budget to the Parliament in early January, as the current level of fiscal deficit was not sustainable, said Finance Minister Asad Umar on Wednesday. “Yes, there is a proposal to increase taxes and tariffs but nothing has been finalised yet,” said the minister, while giving a briefing to the Senate St...
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'PPP to adopt aggressive stance' 'PPP to adopt aggressive stance'
The Pakistan People Party (PPP) has decided in principle to shed its policy of reconciliation and adopt an aggressive stance, said the PPP Punjab Parliamentary Leader Hasan Muratza on Tuesday while also hinting at a possible mass contact drive. “Now the PPP will not show flexibility no matter what. It is not just our responsibility to make compromises to save the system. Other stakeholder shoul...
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Pakistan brokers Taliban-US talks in UAE Pakistan brokers Taliban-US talks in UAE
Pakistan arranged crucial peace talks between the United States and Afghan Taliban in the United Arab Emirates (UAE) on Monday, in a latest push to end the 17-year-long conflict in Afghanistan. Representatives from Pakistan, the UAE and Saudi Arabia also attended the talks. Just ahead of the parley in the UAE, the Foreign Office spokesperson Dr Muhammad Faisal said Pakistan is committed to peac...
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Army chief pays tribute to APS martyrs Army chief pays tribute to APS martyrs
Chief of Army Staff General Qamar Javed Bajwa on Sunday said that Pakistan has bravely faced challenges at heavy cost to come out successful. Paying tribute to the martyrs and bereaved families of the Army Public School attack, DG ISPR Maj Gen Asif Ghafoor said on Twitter that the nation remembers its martyrs. “We stay united & steadfast to carry forward Pakistan to its rightful destination ...
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Pakistan, China and Afghanistan sign MOU on anti-terrorism cooperation Pakistan, China and Afghanistan sign MOU on anti-terrorism cooperation
Pakistan, China and Afghanistan on Saturday signed a Memorandum of Understanding vis-a-vis anti-terrorism cooperation in Kabul on Saturday, Radio Pakistan reported. The MOU was signed by Foreign Minister Shah Mehmood Qureshi, Chinese Foreign Minister Wang Yi and Afghan counterpart Salahuddin Rabbani. The signing of the MOU was witnessed by Afghan President Ashraf Ghani. In his inaugural s...
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Underperforming ministers to be sent packing, warns PM Underperforming ministers to be sent packing, warns PM
Prime Minister Imran Khan said on Friday that strict action will be taken against ministers who are found taking their responsibilities for granted and who do not perform their duties with honesty. “I will eventually come to know which ministers are not spending full time at their offices and those found violating rules will be sent packing,” said the premier while addressing a ceremony to mark...
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Govt concedes PAC chairmanship to Shehbaz Sharif Govt concedes PAC chairmanship to Shehbaz Sharif
The government and the opposition on Thursday broke the deadlock over the chairmanship of the Public Accounts Committee (PAC) and agreed to appoint Leader of the Opposition Shehbaz Sharif, Express News reported. Qureshi announced the decision in the lower house, bringing to end months of an impasse between the government and the opposition which had hampered the legislative process. The fore...
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Govt sends notices to big landlords for tax evasion Govt sends notices to big landlords for tax evasion
ISLAMABAD: The federal government has started sending tax notices to big landlords including politicians as it has come to know that three out of every four persons who declare agriculture as the source of income actually do not pay tax on agriculture income in provinces. A former prime minister of Pakistan from Balochistan is among those who have been sent tax notices after he was apparently...
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