Taliban says it hit back at Pakistan after air strikes in Afghanistan kill 8
KABUL/ISLAMABAD (Reuters) -Afghanistan’s Taliban said on Monday that Pakistan carried out two air strikes on its territory, killing five women and three children, and it fired heavy weapons at Pakistani forces along the…
US concerned about reports of intimidation, voter suppression in Pakistan election, White House says
WASHINGTON (Reuters) – The United States is concerned about reports of intimidation and voter suppression in Pakistan’s election, the White House said on Thursday after reports of protests in some parts of…
Seen from abroad, Pakistan elections disappoint, add to instability
By David Brunnstrom, Charlotte Greenfield and Krishn Kaushik WASHINGTON (Reuters) – Pakistan’s election has been remarkable in producing a result disappointing to most of its foreign partners and rivals, with little reason…
Pakistan ex-PM Imran Khan and wife jailed for 7 years for unlawful marriage
By Gibran Naiyyar Peshimam and Ariba Shahid ISLAMABAD (Reuters) -Former Pakistan Prime Minister Imran Khan and his wife Bushra Khan were sentenced to seven years in prison and fined on Saturday by…
IMF debt dilemma looms after Pakistan election – former cenbank governor
LONDON (Reuters) – The International Monetary Fund faces tough choices on how to deal with Pakistan after the February election and how to assess the country’s debt situation, a former central bank…
Pakistan December CPI up 29.7% y/y – statistics bureau
KARACHI, Pakistan (Reuters) -Pakistan’s consumer price index (CPI) for December rose 29.7% from a year before, data from the Pakistan Bureau of Statistics showed on Monday. The country of 241 million people…
World Bank: approved $350 million financing for RISE-II operation in Pakistan
KARACHI, Pakistan (Reuters) – The World Bank’s board of executive directors approved $350 million in financing for the Second Resilient Institutions for Sustainable Economy (RISE-II) operation in Pakistan on Tuesday. RISE-II aims…
Pakistan court overturns ex-PM Nawaz Sharif’s last graft conviction
By Asif Shahzad ISLAMABAD (Reuters) – A Pakistan court on Tuesday overturned a conviction for graft of former Prime Minister Nawaz Sharif, his lawyer said, removing one of the last major hurdles…
Pakistan central bank holds key rate at 22% for fourth straight meeting
By Gibran Naiyyar Peshimam and Ariba Shahid KARACHI (Reuters) -Pakistan’s central bank kept its key rate unchanged at a record 22% on Tuesday as it waits for the effects of previous hikes…
Pakistan cenbank to hold rates steady as inflation seen easing- Reuters poll
By Ariba Shahid KARACHI (Reuters) – Pakistan’s central bank is expected to hold its key rate steady at a fourth straight policy meeting on Tuesday, with inflation forecast to start easing in…
Pakistan court overturns ex-PM Nawaz Sharif’s graft conviction – lawyer
By Asif Shahzad ISLAMABAD (Reuters) -A Pakistan court overturned the conviction of former Prime Minister Nawaz Sharif in a corruption case on Wednesday, his lawyer said, removing one of the many obstacles…
IMF says Pakistan set to receive $700 million after review success
By Asif Shahzad ISLAMABAD (Reuters) -The IMF said on Wednesday it had reached a staff-level agreement with Pakistan on the first review of a $3 billion bailout, which will unlock $700 million…
Keeping lights off: Undocumented Afghans go underground in Pakistan
By Ariba Shahid and Mohammad Yunus Yawar KARACHI, Pakistan (Reuters) – After living in Pakistan for years, thousands of Afghans have gone into hiding to escape a government order to expel undocumented…
Pakistan set to meet some key targets set by IMF – central bank chief
KARACHI, Pakistan (Reuters) – Pakistan’s central bank has met an end-September deadline for a forward book target of $4.2 billion agreed with the IMF, and is comfortably placed to meet others on…
Pakistan caretaker govt appears to favour Imran Khan’s foes – election commission
By Asif Shahzad ISLAMABAD (Reuters) – Pakistan’s election commission has questioned the neutrality of the country’s caretaker government tasked with holding national elections, saying it appears to be aligned with the opponents…
Pakistan central bank leaves key rate unchanged in surprise move
KARACHI (Reuters) -Pakistan’s central bank kept its key interest rate unchanged at 22% on Thursday, surprising analysts who had been expecting it to try to tame inflation and support the rupee with…
Pakistan ex-PM Imran Khan’s jail remand extended by two weeks
By Asif Shahzad ISLAMABAD (Reuters) -Former Pakistani Prime Minister Imran Khan’s jail remand related to charges of leaking state secrets was extended by two weeks on Wednesday, his lawyer said. The 70-year-old…
Crisis-ridden Pakistan likely to raise rates, hike of at least 150 bps seen : Reuters poll
By Ariba Shahid KARACHI (Reuters) – Pakistan’s central bank is expected to hike rates when it meets to decide on policy on Thursday as it seeks to tackle sky-high inflation and bolster…
Senior US diplomat Nuland urges ‘timely’ and ‘fair’ elections in Pakistan
By Kanishka Singh WASHINGTON (Reuters) – Senior U.S. diplomat Victoria Nuland spoke on Tuesday with Pakistani Foreign Minister Jalil Abbas Jilani and discussed the importance of “timely, free and fair elections” in…
Pakistan required to keep SOEs under finance ministry oversight -IMF
By Ariba Shahid KARACHI (Reuters) – The International Monetary Fund’s (IMF) representative in Pakistan on Wednesday said that the reform process to which the government had agreed required the country to keep…
Pakistan rupee hits record low against US dollar – Central Bank
KARACHI, Pakistan (Reuters) – Pakistan’s rupee closed at 299.6 against the U.S. dollar on Wednesday in the interbank market, touching a record low for the second day in a row, central bank…
Pakistan passenger train derails, killing at least 30 people, GEO reports
By Charlotte Greenfield ISLAMABAD (Reuters) – A passenger train derailed in southern Pakistan on Sunday, killing at least 30 people and injuring more than 80, local broadcaster Geo reported citing a district…
Imran Khan, cricket star turned Pakistan premier, arrested again
By Gibran Naiyyar Peshimam ISLAMABAD (Reuters) – Pakistan’s former Prime Minister Imran Khan, arrested for the second time in four months on Saturday, faces an increasingly tough challenge in his bid to…
Pakistan seen hiking rates again on IMF guidance, analysts say
By Ariba Shahid KARACHI (Reuters) – Pakistan’s central bank will likely raise its key interest rate again on Monday to tackle persistently high inflation, giving in to pressure from the International Monetary…
IMF urges Pakistan to continue monetary policy tightening cycle
By Ariba Shahid KARACHI, Pakistan (Reuters) – Pakistan must continue its monetary tightening cycle, the International Monetary Fund (IMF) said in a staff report on Tuesday, a week after the lender approved…
IMF board approves Pakistan bailout programme
(Reuters) – The board of the International Monetary Fund (IMF) approved a $3 billion, nine-month bailout programme for Pakistan on Wednesday, the IMF said. Pakistan and the Fund had reached a staff…
Breaking News
