Finance minister says big decisions will have to be taken to get country out of economic crisis: Petrol, diesel prices hiked by whopping Rs35 a litre

Employees at a fuel station attend to their customers in Islamabad, Pakistan, on February 16, 2022, after a hike in prices of petroleum products. (AFP/File)
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Updated 30 January 2023

Finance minister says big decisions will have to be taken to get country out of economic crisis: Petrol, diesel prices hiked by whopping Rs35 a litre

January 30: The News reported just ahead of the upcoming visit of the International Monetary Fund (IMF) review mission to Pakistan from tomorrow (Tuesday), the government on Sunday jacked up petrol and diesel prices by Rs35 per litre while prices of kerosene and light diesel went up by Rs18 per litre with immediate effect. Read More I


Govt toughens stance on isolated Imran, but leaves room for dialogue

Updated 02 June 2023

Govt toughens stance on isolated Imran, but leaves room for dialogue

June 2: DAWN reported The government on Thursday went after PTI chief Imran Khan with all guns blazing, accusing him of everything — from maligning law enforcement agencies to abandoning his workers high and dry in the face of legal action following the incidents of May 9. Read more I 


Govt scrambles as IMF rejects Pakistan’s loan request

Updated 02 June 2023

Govt scrambles as IMF rejects Pakistan’s loan request

June 2: The Express Tribune reported A cabinet member revealed on Thursday that the International Monetary Fund (IMF) has rejected Pakistan’s request to lower the requirement of arranging $6 billion in new loans, leaving the government with no alternative but to try and revive the deal. Read more I 


PTI’s Pervez Khattak steps down from party position

Updated 02 June 2023

PTI’s Pervez Khattak steps down from party position

June 2: Geo News reported Pakistan Tehreek-e-Insaf (PTI) senior leader Pervez Khattak announced stepping down as the party's Khyber Pakhtunkhwa chapter president late Thursday. Read more I 


Pakistan Keeps Asia’s Fastest Inflation Title for Second Month

Updated 02 June 2023

Pakistan Keeps Asia’s Fastest Inflation Title for Second Month

 

June 2: Bloomberg reported Pakistan’s inflation has hit another record high, making it Asia’s fastest for a second month, just days before the national budget is due to be unveiled by a government facing unprecedented economic challenges. Read more I 


PML-N to file review plea against Nawaz's disqualification: Sanaullah

Updated 30 May 2023

PML-N to file review plea against Nawaz's disqualification: Sanaullah

May 30: GEO News reported The Pakistan Muslim League Nawaz (PML-N) will file a petition in the Supreme Court to revisit the decision of party supremo Nawaz Sharif's disqualification to hold public office and the post of party president, Interior Minister Rana Sanaullah confirmed on Monday. Read more I