Pakistan Tehreek-e-Insaf (PTI) Chief Imran Khan on Wednesday launched an 11-day campaign, demanding early polls and declared that there would never be a compromise with the protest march and added that he would take the "next step" if the Shehbaz Sharif-led ruling coalition delayed the conduct of "transparent elections."
According to The Express Tribune citing Optimus Capital Management, Pakistan is scheduled to pay the foreign debt and bear debt servicing costs worth USD 26.3 billion over the 12-month period (November to October).
IMF demanded additional information, including details of shelved development projects that have now been taken up again as a top priority of the government, The Express Tribune reported.
The development comes after the Election Commission of Pakistan in October disqualified Pakistan Tehreek-e-Insaf (PTI) chief Imran Khan under Article 63 (1)(p) in the Toshakhana case and ruled that he is no longer a member of the National Assembly. ECP announced that Imran Khan's National Assembly seat will remain vacant. It unanimously agreed that the PTI chief had misled officials about the gifts he had received during his term as Pakistan's PM.
The interest rate in Pakistan skyrocketed to its highest in 24 years after the State Bank of Pakistan (SBP) raised its key policy rate by 16 per cent on Friday to curb inflation, according to Dawn.
The State Bank of Pakistan (SBP) jacked up its policy rate by 16 per cent on Friday, the Express Tribune reported on Friday citing the bank after a meeting of its monetary policy committee (MPC), according to the Express Tribune.
He made these remarks on the floor of the Pakistan National Assembly, hinting at the formal announcement of the key appointment within the next three days.
The Supreme Court (SC) on Thursday dismissed Ulema-e-Islam Pakistan Senator Kamran Murtaza's petition to stop Pakistan Imran Khan's ongoing long march, deeming it as "non-maintainable", the Dawn reported.
Sharif, 70, was allowed to leave for London in 2019 after the Lahore High Court granted him permission to go abroad for medical treatment. He has since been in the UK and commanded the reigns of the party from there.