New Pakistan Prime Minister Shehbaz Sharif has a tough task ahead of him. Not only has he been thrust into this position rather unexpectedly, he has a problem worth at least $3 billion at hand - first and foremost, he must convince IMF to renew their loan for Pakistan to avoid slipping into a debt crisis. Watch for more details.
5 Mar 2024Pakistan’s move to outsource the operations of major airports, including Islamabad International Airport (IIA), comes as a strategic response to the continuous depletion of forex reserves. The decision, aimed at generating foreign exchange through public-private partnerships, seeks to improve service delivery and align with international industry practices. By fast-tracking the outsourcing process, the government aims to uplift the aviation sector and revitalize international flight operations. However, the full impact of this significant policy shift on Pakistan’s economic health and aviation industry remains to be seen. Stay tuned for further developments in this transformative move.
31 Jul 2023’You all know we are running short of resources,’ Shehbaz Sharif said, adding Pakistan at present was facing an economic crisis
1 min read3 Feb 2023Asad Qaiser, an Imran Khan loyalist, defeated Pakistan Peoples Party candidate Syed Khurshid Shah
1 min read15 Aug 2018Shehbaz Sharif is set to be appointed as president of the PML-N after Pakistan’s Election Commission asked the ruling party to replace his brother Nawaz Sharif
1 min read9 Aug 2017Following the ouster of Nawaz Sharif as Pakistani Prime Minister on corruption charges, Imran Khan has a legitimate shot at becoming the next premier after the 2018 elections
4 min read8 Aug 2017Referring to the Supreme Court’s grounds for his disqualification, Nawaz Sharif asked how could he have filed income tax returns on a salary he never received from his son’s company
3 min read5 Aug 2017Nawaz Sharif’s younger brother Shehbaz is widely seen as the more disciplined sibling with a reputation for forcing through economic reforms
5 min read31 Jul 2017According to sources at Pakistan Muslim League-Nawaz (PML-N), however, the final say on the decision on who gets to helm Punjab rests with ousted prime minister Nawaz Sharif
1 min read30 Jul 2017After Nawaz Sharif’s ouster as prime minister, Pakistan’s President Mamnoon Hussain has summoned National Assembly, the lower house of parliament, on Tuesday to elect the new leader of the house
1 min read30 Jul 2017The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared