The new Prime Minister of Pakistan is under tremendous pressure due to surging oil prices caused by the Russia-Ukraine conflict and is haunted by the circular debt crisis. ...
The Pakistan government has approved the tax exemption on the payment of USD 900 million to Chile's firm, Antofagasta, under an exit deed for the settlement of the Reko Diq dispute. ...
Pakistan government now fears that its profits from a CPEC project will be reduced, after the top official alerted Islamabad of hidden costs in the Saindak project, according to a media report. ...
Ahead of the nationwide strike by the petroleum dealers association in Pakistan, traffic jams were reported in major cities across the country on Wednesday, along with long queues at petrol stations as citizens rushed to refuel their vehicles. ...
Inflation in Pakistan has caused an increase in food prices in the country, worsening conditions of lower-middle-income households, local media reported. ...
Despite some issues in the past few days, there is cautious optimism in Pakistan that the thaw in their relations with India is holding steady, according to insiders from Islamabad's Red Zone. ...