The State Bank of Pakistan's (SBP) decision to hike its key policy rate by 100 basis points to a 24-year high of 16 per cent has created a new problem for Islamabad as it has to pay a heavy price for borrowing after the rate hike.
Islamabad [Pakistan], October 11 (ANI): While Pakistan is facing the brunt of devastating floods amid nosediving economy, the Shehbaz Sharif-led government on Monday allocated Rs 410 million to deal with Imran Khan's long march.
Islamabad [Pakistan], October 10 (ANI): Valmiki community protested over the stoppage of the construction of 70-80 years old Valmiki temple in the Ghaspidhi area of Larkana in Sindh.
Islamabad [Pakistan], September 3 (ANI): Balochistan Agriculture Minister Mir Asadullah Baloch on Friday rejected the Rs 10 billion grant announced by Prime Minister Shehbaz Sharif for the rehabilitation of flood victims in the province saying that the grant was nothing compared to the losses incurred by the province, local media reported.
Gilgit Baltistan [PoK], August 26 (ANI): A protest rally was organized against increased prices and reduced subsidy on wheat in Pakistan-occupied Kashmir (PoK's) Gilgit Baltistan (GB) region.
Islamabad [Pakistan], July 23 (ANI): While Pakistan's economy is heading towards disaster, its government is assuring the citizens that Islamabad's economy is stable.
Lahore [Pakistan], July 18 (ANI): Following Pakistan Tehreek-e-Insaf's (PTI) remarkable win against Pakistan Muslim League-Nawaz (PML-N) in the Punjab Assembly elections, former Pakistan Prime Minister Nawaz Sharif blamed the "difficult decisions" taken by the government for the failure and said his party respects public opinion.
Islamabad [Pakistan], June 8 (ANI): Amid the ongoing electricity shortage and worsening power cuts, the Pakistan government has imposed a ban on wedding functions after 10 pm, to be effective from Wednesday.
Islamabad [Pakistan], May 15 (ANI): Attacking the new Pakistan Prime Minister, former federal minister and PTI leader Asad Umar on Sunday said Shehbaz Sharif returned "empty-handed" from trips seeking to secure financial support to prop up the country's failing economy.