Punjab Chief Minister Maryam Nawaz has suggested to her father, former Prime Minister Nawaz Sharif, that he should consider buying Pakistan International Airlines (PIA) after the national airline received minimal interest during the recent privatization exercise. “Maryam said we should buy PIA and name it ‘Air Punjab’ after it becomes the best airline,” Nawaz Sharif … Read more
In her recent remarks, Kristalina Georgieva, Managing Director of the International Monetary Fund, stressed the urgent need for governments around the world to rebuild their fiscal capacity in light of fiscal pressures and increasing economic uncertainty. Speaking at the annual meetings of the International Monetary Fund and World Bank in Washington, D.C., Georgieva noted that … Read more
China has expressed serious concern over Pakistan’s delay in transferring 97 acres of Gwadar port land and securing funds for the Main Line 1 (ML-1) railway project. The stalled land transfer, a decade after the handover of Gwadar port to China, and the unresolved financing of ML-1 have emerged as major points of contention amid … Read more
IMF Managing Director Kristalina Georgieva leaves after delivering a speech on global economic outlook and policy priorities ahead of the 2024 IMF and World Bank Group Annual Meetings in Washington, D.C., October 17, 2024. “Rising protectionism and trade restrictions fracture the global economy.” Global trade is no longer the engine of growth it once was: … Read more
Imran Khan, founder of the Pakistan Tehreek-e-Insaf, has urged his party to prepare for a nationwide street movement, declaring that the struggle is necessary to protect the country’s freedom. Speaking to reporters at Adiala Jail on Thursday, Khan said: “Our movement is a jihad for democracy. I call on the entire nation to take to … Read more