May 9: The Express Tribune reported that Prime Minister Shehbaz Sharif announced on Sunday that legal action will be taken against former premier Imran Khan for delivering an “anti-state speech” in a public gathering in Abbottabad earlier today, saying Imran’s speech was “a grand conspiracy against Pakistan” and its institutions.
LCs cost, exchange rate to weigh on petrol price review
August 15: The News reported that the Finance Ministry seems upset as to how to fix the POL price as last time the government had changed the exchange rate formula from August 1, 2022, under which the MS price tumbled by Rs3.05 per liter and diesel Rs8.95, inflicting damage of Rs15 billion on oil marketing companies.
Hacking fears shut FBR websites for 24 hours
August 15: The Express Tribune reported that the Federal Board of Revenue (FBR) has shut down its websites on the eve of the 75th Independence Day of Pakistan for more than 24 hours over fears that Indian hackers might again make a hacking attempt.
Six dead, hundreds stranded as rains wreak havoc
August 15: Dawn reported that as a fresh spell of monsoon rains continued to lash parts of Pakistan, especially Balochistan, at least six more deaths were reported on Sunday — four in Lasbela and two in Punjab’s Dera Ghazi Khan district — whereas hundreds of people remained stranded after losing their houses to the floods.
Fear and despair grip Pakistan’s Swat as TTP foothold increases
August 15: TRT World reported that Pakistan’s scenic district of Swat and its adjoining areas are once again becoming a hotbed for terrorists as Tehrik-i-Taliban Pakistan (TTP) affiliates have started to come out from the shadows and make moves on a bigger scale, locals say.
Saudi Arabia renews $3bn deposit to Pakistan
August 15: Financial Times reported that Saudi Arabia has agreed to renew a $3bn deposit at Pakistan’s central bank to bolster the south Asian state’s depleted foreign reserves as Islamabad negotiates an aid package with the IMF, according to people familiar with the deal.