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pakistan

Pakistan port attack kills two soldiers, eight militants, say officials

March 20, 2024

By Saleem Ahmed QUETTA, Pakistan (Reuters) – Pakistani security forces on Wednesday repulsed a gun and bomb attack by militants on a complex outside the …

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Taliban says it hit back at Pakistan after air strikes in Afghanistan kill 8

March 18, 2024

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 …

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US urges Pakistan to lift internet shutdowns, social media restrictions

February 21, 2024
Us urges pakistan to lift internet shutdowns, social media restrictions - photo licensed by shore news network.

By Humeyra Pamuk and Kanishka Singh WASHINGTON (Reuters) – The U.S. State Department on Wednesday condemned internet shutdowns in Pakistan, including restrictions on social media …

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Pakistan in for ‘roller coaster’ ride after parties strike deal

February 21, 2024
Pakistan in for 'roller coaster' ride after parties strike deal - photo licensed by shore news network.

By Asif Shahzad and Ariba Shahid ISLAMABAD (Reuters) – The deal between two Pakistani parties to form a coalition government will be based on conditional …

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US concerned about reports of intimidation, voter suppression in Pakistan election, White House says

February 15, 2024
Us concerned about reports of intimidation, voter suppression in pakistan election, white house says - photo licensed by shore news network.

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 …

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Seen from abroad, Pakistan elections disappoint, add to instability

February 13, 2024
Seen from abroad, pakistan elections disappoint, add to instability - photo licensed by shore news network.

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 …

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Pakistan ex-PM Imran Khan and wife jailed for 7 years for unlawful marriage

February 3, 2024
Pakistan ex-pm imran khan and wife jailed for 7 years for unlawful marriage - photo licensed by shore news network.

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 …

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IMF debt dilemma looms after Pakistan election – former cenbank governor

January 18, 2024January 18, 2024
Imf debt dilemma looms after pakistan election - former cenbank governor - photo licensed by shore news network.

LONDON (Reuters) – The International Monetary Fund faces tough choices on how to deal with Pakistan after the February election and how to assess the …

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Pakistan December CPI up 29.7% y/y – statistics bureau

January 1, 2024

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 …

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World Bank: approved $350 million financing for RISE-II operation in Pakistan

December 20, 2023
World bank: approved $350 million financing for rise-ii operation in pakistan - photo licensed by shore news network.

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) …

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Pakistan court overturns ex-PM Nawaz Sharif’s last graft conviction

December 12, 2023December 12, 2023
Pakistan court overturns ex-pm nawaz sharif's last graft conviction - photo licensed by shore news network.

By Asif Shahzad ISLAMABAD (Reuters) – A Pakistan court on Tuesday overturned a conviction for graft of former Prime Minister Nawaz Sharif, his lawyer said, …

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Pakistan central bank holds key rate at 22% for fourth straight meeting

December 12, 2023December 12, 2023
Pakistan central bank holds key rate at 22% for fourth straight meeting - photo licensed by shore news network.

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 …

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Pakistan cenbank to hold rates steady as inflation seen easing- Reuters poll

December 11, 2023
Pakistan cenbank to hold rates steady as inflation seen easing- reuters poll - photo licensed by shore news network.

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, …

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Pakistan court overturns ex-PM Nawaz Sharif’s graft conviction – lawyer

November 29, 2023November 29, 2023
Pakistan court overturns ex-pm nawaz sharif's graft conviction - lawyer - photo licensed by shore news network.

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 …

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IMF says Pakistan set to receive $700 million after review success

November 15, 2023November 15, 2023
Imf says pakistan set to receive $700 million after review success - photo licensed by shore news network.

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 …

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Keeping lights off: Undocumented Afghans go underground in Pakistan

November 10, 2023
Keeping lights off: undocumented afghans go underground in pakistan - photo licensed by shore news network.

By Ariba Shahid and Mohammad Yunus Yawar KARACHI, Pakistan (Reuters) – After living in Pakistan for years, thousands of Afghans have gone into hiding to …

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Pakistan set to meet some key targets set by IMF – central bank chief

October 13, 2023October 13, 2023
Pakistan set to meet some key targets set by imf - central bank chief - photo licensed by shore news network.

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 …

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Pakistan caretaker govt appears to favour Imran Khan’s foes – election commission

September 14, 2023September 14, 2023
Pakistan caretaker govt appears to favour imran khan's foes - election commission - photo licensed by shore news network.

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 …

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Pakistan central bank leaves key rate unchanged in surprise move

September 14, 2023September 14, 2023

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 …

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Pakistan ex-PM Imran Khan’s jail remand extended by two weeks

September 13, 2023
Pakistan ex-pm imran khan's jail remand extended by two weeks - photo licensed by shore news network.

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 …

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Crisis-ridden Pakistan likely to raise rates, hike of at least 150 bps seen : Reuters poll

September 12, 2023
Crisis-ridden pakistan likely to raise rates, hike of at least 150 bps seen : reuters poll - photo licensed by shore news network.

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 …

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Senior US diplomat Nuland urges ‘timely’ and ‘fair’ elections in Pakistan

August 29, 2023
Senior us diplomat nuland urges 'timely' and 'fair' elections in pakistan - photo licensed by shore news network.

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 …

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Pakistan required to keep SOEs under finance ministry oversight -IMF

August 23, 2023
Pakistan required to keep soes under finance ministry oversight -imf - photo licensed by shore news network.

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 …

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Pakistan rupee hits record low against US dollar – Central Bank

August 23, 2023August 23, 2023
Pakistan rupee hits record low against us dollar - central bank - photo licensed by shore news network.

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 …

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Pakistan passenger train derails, killing at least 30 people, GEO reports

August 6, 2023
Pakistan passenger train derails, killing at least 30 people, geo reports - photo licensed by shore news network.

By Charlotte Greenfield ISLAMABAD (Reuters) – A passenger train derailed in southern Pakistan on Sunday, killing at least 30 people and injuring more than 80, …

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Imran Khan, cricket star turned Pakistan premier, arrested again

August 5, 2023August 5, 2023
Imran khan, cricket star turned pakistan premier, arrested again - photo licensed by shore news network.

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 …

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Pakistan seen hiking rates again on IMF guidance, analysts say

July 27, 2023
Pakistan seen hiking rates again on imf guidance, analysts say - photo licensed by shore news network.

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 …

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IMF urges Pakistan to continue monetary policy tightening cycle

July 18, 2023July 18, 2023
Imf urges pakistan to continue monetary policy tightening cycle - photo licensed by shore news network.

By Ariba Shahid KARACHI, Pakistan (Reuters) – Pakistan must continue its monetary tightening cycle, the International Monetary Fund (IMF) said in a staff report on …

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IMF board approves Pakistan bailout programme

July 12, 2023July 12, 2023
Imf board approves pakistan bailout programme - photo licensed by shore news network.

(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 …

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UAE gives $1 billion in reserve support to Pakistan

July 12, 2023
Uae gives $1 billion in reserve support to pakistan - photo licensed by shore news network.

ISLAMABAD (Reuters) – The United Arab Emirates has deposited $1 billion with Pakistan’s central bank to support foreign exchange reserves, Pakistan’s Finance Minister Ishaq Dar …

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IMF Executive Board meeting on Pakistan scheduled for July 12

July 5, 2023
Imf executive board meeting on pakistan scheduled for july 12 - photo licensed by shore news network.

KARACHI, Pakistan (Reuters) – The International Monetary Fund (IMF) Executive Board meeting on Pakistan has been scheduled for July 12, the lender confirmed in email …

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Pakistan shares see biggest one-day gain in 15 years post IMF deal

July 3, 2023
Pakistan shares see biggest one-day gain in 15 years post imf deal - photo licensed by shore news network.

By Ariba Shahid KARACHI (Reuters) – Pakistan’s benchmark share index scored its biggest single-day jump in 15 years on Monday, gaining 5.9% on the first …

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Pakistan, IMF reach $3 billion staff-level agreement

June 30, 2023
Pakistan, imf reach $3 billion staff-level agreement - photo licensed by shore news network.

By Ariba Shahid (Reuters) -The International Monetary Fund (IMF) has reached a staff-level pact with Pakistan on a $3 billion stand-by arrangement, the lender said, …

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Pakistan, IMF discuss $2.5 billion standby arrangement -domestic media

June 28, 2023June 28, 2023
Pakistan, imf discuss $2. 5 billion standby arrangement -domestic media - photo licensed by shore news network.

ISLAMABAD (Reuters) – Pakistan and the International Monetary Fund are discussing a $2.5-billion “standby arrangement” for six to nine months, domestic newspapers said on Wednesday, …

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Pakistan summons US deputy mission chief over US-India statement

June 26, 2023

ISLAMABAD (Reuters) -Pakistan’s foreign ministry on Monday summoned the U.S. embassy’s deputy chief of mission to express concern over a statement last week by U.S. …

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Pakistan central bank’s forex reserves fall $102 million to $4.09 billion in week ended May 26

June 1, 2023
Pakistan central bank's forex reserves fall $102 million to $4. 09 billion in week ended may 26 - photo licensed by shore news network.

KARACHI, Pakistan (Reuters) – Pakistan’s central bank foreign reserves decreased by $102 million to $4.09 billion due to external debt payments during the week ended …

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Pakistan to try ex-PM Khan’s violent supporters under army laws

May 16, 2023
Pakistan to try ex-pm khan's violent supporters under army laws - photo licensed by shore news network.

By Asif Shahzad ISLAMABAD (Reuters) – Pakistan’s civilian and military leaders on Tuesday said that rioters and their backers who attacked state assets and military …

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Imran Khan, the cricket star who ditched playboy image to rule Pakistan

May 9, 2023
Imran khan, the cricket star who ditched playboy image to rule pakistan - photo licensed by shore news network.

(Reuters) – Former Pakistan Prime Minister Imran Khan, a cricketing hero-turned-politician who was arrested on Tuesday, whipped up popular support amid decades-high inflation and a …

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Pakistan set to repay or roll over $3.7 billion debt

May 9, 2023

ISLAMABAD (Reuters) -Pakistan’s finance ministry said on Tuesday arrangements had been made to repay or roll over this fiscal year’s $3.7 billion debt. “This should …

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China, Pakistan urge Afghan aid be delinked from ‘political considerations’

May 8, 2023
China, pakistan urge afghan aid be delinked from 'political considerations' - photo licensed by shore news network.

By Ariba Shahid KARACHI, Pakistan (Reuters) – China and Pakistan on Monday urged donors to bridge gaps in humanitarian funding for Afghanistan, saying aid should …

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IMF seeks more funding assurances before pact on Pakistan aid – Bloomberg News

April 15, 2023
Imf seeks more funding assurances before pact on pakistan aid - bloomberg news - photo licensed by shore news network.

(Reuters) – The International Monetary Fund is seeking “necessary” financing assurances from Pakistan as soon as possible to conclude a bailout pact with the South …

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India defends G20 Kashmir venue, countering Pakistan criticism

April 13, 2023
India defends g20 kashmir venue, countering pakistan criticism - photo licensed by shore news network.

NEW DELHI (Reuters) – India on Thursday countered Pakistan’s objection to the holding of Group of 20 (G20) meetings in the Himalayan regions of Kashmir …

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Imran Khan says Pakistan will struggle to break out of cycle of debt repayments – FT

April 13, 2023
Imran khan says pakistan will struggle to break out of cycle of debt repayments - ft - photo licensed by shore news network.

(Reuters) – Pakistan will struggle to break out of a cycle of ongoing debt repayments without reform, former Pakistan Prime Minister Imran Khan told the …

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China rolls over $2 billion loan to Pakistan as it struggles with external liquidity

March 31, 2023
China rolls over $2 billion loan to pakistan as it struggles with external liquidity - photo licensed by shore news network.

By Asif Shahzad and Ariba Shahid ISLAMABAD (Reuters) -Pakistani Finance Minister Ishaq Dar said on Friday China had rolled over a $2 billion loan that …

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Pakistan PM says IMF wants external financing commitments met before it releases funds

March 28, 2023
Pakistan pm says imf wants external financing commitments met before it releases funds - photo licensed by shore news network.

By Asif Shahzad ISLAMABAD (Reuters) – The International Monetary Fund (IMF) wants external financing commitments fulfilled from friendly countries before it releases bailout funds, Pakistan’s …

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Islamic State claims responsibility for suicide bombing in southwest Pakistan – SITE

March 6, 2023

QUETTA, Pakistan (Reuters) -Islamic State claimed responsibility for a suicide bombing attack in southwestern Pakistan that killed nine policemen on Monday, according to the SITE …

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Pakistan will unwillingly accept strict conditions of IMF deal – PM Sharif

February 24, 2023
Pakistan will unwillingly accept strict conditions of imf deal - pm sharif - photo licensed by shore news network.

By Asif Shahzad ISLAMABAD (Reuters) -Pakistan has to unwillingly accept the strict conditions of a deal with the International Monetary Fund (IMF) to provide a …

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U.S. transfers two Guantanamo Bay detainees to Pakistan

February 23, 2023
U. S. Transfers two guantanamo bay detainees to pakistan - photo licensed by shore news network.

(Reuters) – The United States has transferred two brothers from the Guantanamo Bay U.S. detention facility in Cuba to Pakistan, bringing the total number of …

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Pakistan current account deficit falls to $0.2 billion in Jan – cenbank

February 20, 2023
Pakistan current account deficit falls to $0. 2 billion in jan - cenbank - photo licensed by shore news network.

By Ariba Shahid KARACHI, Pakistan (Reuters) – Pakistan’s current account deficit (CAD) dropped to $0.2 billion in January 2023, down 90% from last year as …

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U.S. concerned about debt Pakistan owes China, official says

February 16, 2023
U. S. Concerned about debt pakistan owes china, official says - photo licensed by shore news network.

By Gibran Naiyyar Peshimam ISLAMABAD (Reuters) – The United States is concerned about debt owed to China by Pakistan and other countries, U.S. State Department …

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