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Bridging The Gap
Saad Rafique arrested in Paragon City case Saad Rafique arrested in Paragon City case
PML-N leader Khawaja Saad Rafique was arrested on Tuesday in a case pertaining to Paragon City. The senior PML-N leader was arrested after his bail extension was refused by the court. Saad Rafique is also facing National Accountability Bureau (NAB) inquiries in connection with railways and Ashiana-e-Iqbal Housing scheme scandals. His brother is also under investigation by NAB in the case. ...
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NAB summons Zardari, Bilawal on Dec 13 NAB summons Zardari, Bilawal on Dec 13
The National Accountability Bureau (NAB) on Sunday summoned Pakistan Peoples Party (PPP) supremos Asif Zadari and Bilawal Bhutto on December 13. According to NAB spokesperson, Zardari and Bilawal have been called at NAB office in Rawalpindi on the aforementioned date. Sources say that Bilawal has been called in the capacity of shareholder of a private firm. PPP leader Farhatullah Babar co...
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US pushed Pakistan away, we are not your hired gun: PM Imran US pushed Pakistan away, we are not your hired gun: PM Imran
Prime Minister Imran Khan reflected on the tumultuous bilateral relationship between Islamabad and Washington and said it was the “United States which basically pushed Pakistan away”. In an interview with The Washington Post, the premier stressed on two-dimensional ties. “Our relationship with China is not one-dimensional. It’s a trade relationship between two countries. We want a similar relat...
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Slim chance of obtaining IMF bailout by Jan 15 Slim chance of obtaining IMF bailout by Jan 15
Pakistan and International Monetary Fund on Thursday established the first high-level contact after their failure to reach a staff-level agreement with chances of winning a bailout programme by mid of next month remaining very low. Finance Minister Asad Umar and IMF’s Washington-based mission chief Harald Finger made a visual contact – for the first time since November 20, according to official...
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Govt to receive Swiss Bank accounts details ‘soon’ Govt to receive Swiss Bank accounts details ‘soon’
Special Assistant to Prime Minister on Accountability Mirza Shahzad Akbar has said the agreement between Pakistan and Switzerland on sharing of bank accounts details is signed and ratified and is being implemented since November 30. Speaking at a press conference on Wednesday, he said the agreement to gain information about foreign bank accounts of Pakistanis was a great achievement. He added t...
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Pakistan assures US of support in Afghan endgame Pakistan assures US of support in Afghan endgame
Pakistan on Tuesday assured all-out support to the US for a negotiated settlement of the Afghan conflict. The assurance was given by Federal Minister for Foreign Affairs Shah Mehmood Qureshi to US Special Envoy for Afghanistan reconciliation Zalmay Khalilzad. Washington’s special envoy, tasked with finding a negotiated end to Afghanistan’s bloody 17-year-old war, will hold talks with Pakistani ...
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Govt enjoys unwavering support of armed forces: PM Govt enjoys unwavering support of armed forces: PM
Prime Minster Imran Khan on Monday said that there was no sign of any civil-military discord and his government was enjoying unwavering support of the armed forces. The manifesto of the Pakistan Tehreek-e-Insaf (PTI) also enjoyed support across the board, said the premier in his first interview after assuming the top office of the country in August. He was interacting with a select group of sen...
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Govt not to artificially control rupee value: Finance minister Govt not to artificially control rupee value: Finance minister
Finance Minister Asad Umar on Friday said the federal government will no more artificially control the currency value, which analysts read as the beginning of implementation of prior actions suggested by the International Monetary Fund (IMF) for a bailout package. But Umar insisted that Pakistan did not accept the IMF’s demand for a total free float exchange rate regime and 3.7% devaluation of ...
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Rupee closes at all-time low of 139.05 in inter-bank market Rupee closes at all-time low of 139.05 in inter-bank market
The rupee weakened 3.8% and closed at an all-time low of Rs139.05 to the US dollar in the inter-bank market on Friday. In early hours of the day, the rupee hit an intra-day record low of Rs144 to the greenback in line with the International Monetary Fund (IMF) conditions. This was the sixth round of rupee depreciation since December 2017. On Thursday, it had closed at Rs133.99. Cumulative...
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PM Imran says govt focused on carving policies for the poor in 100 days PM Imran says govt focused on carving policies for the poor in 100 days
Prime Minister Imran Khan has said that the government focused on carving policies for the downtrodden and weak segments of the society. The Pakistan Tehreek-e-Insaf (PTI) on Thursday unveiled the progress of the government during the first 100 days of it governance. “We are working to bring an equal education system in the society for all.” The government, he added, will also introduce heal...
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