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Prime Minister Shehbaz Sharif on Thursday said the International Monetary Fund (IMF) did not trust Pakistan as the previous Pakistan Tehreek-i-Insaf (PTI) government backed out of a “deal” with the Fund by freezing petroleum prices against a promised hike. “The IMF asked us how it can trust the government once the previous (PTI) regime backed out of the agreement,” the prime minister said while addressing senators from his Pakistan Muslim League-Nawaz (PML-N) party here. He, however, apprised the nation that even after striking a fresh agreement with the Fund, the crippling economic situation will not change overnight and the government and the people will have to struggle to rid the country of the crisis. The prime minister remarked the PTI government should not have agreed to the IMF terms if it had reservations over them, hoping the deal with the global body had already matured and if any new conditions were imposed, an agreement would soon be signed. He said the Fund was ada

Finance Minister Miftah Ismail on Thursday declared that Pakistan has been "saved from bankruptcy" as he announced a draft of new measures which will be included in the budget for fiscal year 2022-23. “We have saved the country from bankruptcy by increasing the prices of petroleum products and by holding late-night dialogue with the Fund mission,” he said, addressing a press conference flanked by Information Minister Marriyum Aurangzeb. The finance minister said that the PTI-led government left the economy on the brink of a default and that too "only to remain in power", saying that he has never seen such a “touch-and-go” situation ever in his decades-long career. Ismail said that the deal with the International Monetary Fund (IMF) over budgetary measures for the next fiscal year 2022-23 has been closed. He revealed that he would close the federal budget for the next fiscal year 2022-23 tomorrow with his closing speech in the National Assembly. Terming the bu

A flight of Pakistan International Airline (PIA) plane on Thursday made an emergency landing in Lahore after a bird strike. As per details, the plane’s engine was struck by a bird while landing due to which the pilot had to make emergency landing. The pilot safely landed the plane on airport consisting 168 passengers. While the engine of the plane was completely damaged. from latest-news - SUCH TV https://ift.tt/VZfp9yz

President Dr Arif Alvi and Prime Minister Muhammad Shehbaz Sharif on Wednesday expressed their deep grief and sorrow over the death of mother of former president Asif Ali Zardari. The prime minister sharing grief with the former president observed that death of a person like mother was a huge shock. The president and the prime minister expressed their condolence with the bereaved family and prayed for the high ranks of the departed soul and for the bereaved family to bear the loss with fortitude. from latest-news - SUCH TV https://ift.tt/LKt4rQj

The National Disaster Management Authority (NDMA) on Wednesday on the directives of Prime Minister Muhammad Shehbaz Sharif has dispatched relief goods for Afghanistan earthquake victims. The National Disaster Management Authority dispatched a consignment including family tents, tarpaulins, blankets and emergency medicines, said the spokesperson of NDMA. “Pakistan has assured all possible support to ameliorate the sufferings of the Afghan people affected by the 6.1 magnitude earthquake which hit parts of Afghanistan on Wednesday, (Jun 22, 2022)”, the statement said. It merits mention that a powerful earthquake jolted a remote border region of Afghanistan overnight killing at least 1,000 people and injuring 1,500 more, officials said Wednesday, with the toll expected to rise as desperate rescuers dig through collapsed dwellings. The quake struck hardest in the rugged east, where people already lead hardscrabble lives in the grip of a humanitarian crisis made worse since the Taliban

Mutahedda Qaumi Movement (MQM) leader Farooq Sattar’s mother passed away on Thursday at the age of 85 in Karachi. His mother was under treatment in a hospital in Karachi due to severe illness. President of Pakistan Dr Arif Alvi, Prime Minister Shehbaz Sharif, former premier Imran Khan and other political leaders expressed their deep grief and sorrow over the death of mother of MQM leader. The political leaders expressed their condolence with the bereaved family and prayed for the high ranks of the departed soul and for the bereaved family to bear the loss with fortitude. from latest-news - SUCH TV https://ift.tt/4KqT7m3

Local body elections in the capital have been postponed, with the Islamabad High Court on Wednesday directing the Election Commission of Pakistan to complete fresh delimitation of constituencies and issue a new schedule in 65 days. A hearing was held today on petitions related to local body elections in Islamabad at the request of PML-N, PPP and PTI. The parties had sought a delay in the polls, making a case for revised delimitation after the government increased the number of union councils from 50 to 101. The ECP had notified polls on July 31 in 50 union councils of the capital. The hearing was conducted by IHC Chief Justice Athar Minallah. When it began, the chief justice asked the ECP what their decision is regarding the local government elections in Islamabad. "The ECP has given a clear position on local body elections under the government notification," the officials told the court. The chief justice inquired: "In how many days will the election be held?&qu