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Pakistan's economy remains under severe strain due to a debt crisis, with the country facing challenges in repaying $1.2 billion in outstanding payments. [27] In Pakistan, inflation maintains its upward trajectory, as indicated by the most recent official data, which shows a year-on-year increase of 35.4% in the consumer price index for March 2023.
Pakistan reports a case of mpox in Azad Kashmir, raising the total of cases in the country to four. In response, Prime Minister Shehbaz Sharif announces that the country will now be screening people at entry points for the disease.
Pakistan's foreign policy seeks to 'promote the internationally recognized norms of interstate relations, i.e. respect for sovereignty and territorial integrity of all States, non-interference in the internal affairs of other State; non-aggression and peaceful settlement of disputes. Pakistan has therefore always sought to develop friendly and ...
ISLAMABAD (Reuters) -A Pakistani court sentenced former Prime Minister Imran Khan to 14 years imprisonment on Friday in a land corruption case, a setback to nascent talks between his party and the ...
Pakistan's decades-long rivalry and conflict with the U.S. strategic partner India in the context of Kashmir and all-weather strategic cooperation with China in the context of great power competition between the United States and China poses difficulties for the country's efforts to improve relations with the U.S. [21] [22] [23] [24]
A political and constitutional crisis emerged in Pakistan from, 3 April 2022 to 10 April 2022 when, National Assembly's deputy speaker Qasim Khan Suri dismissed a no-confidence motion against prime minister Imran Khan during a session in which it was expected to be taken up for a vote, alleging that a foreign country's involvement in the regime change was contradictory to Article 5 of the ...
That month Pakistan also ended a four-year streak of outflows (totaling $1.4 billion) in Treasury Bills, earning $875 million. According to Bloomberg, Pakistan's stock became the "world’s best performer", increasing 73% in the past 12-months. Treasury Bill yields became some of Asia's highest, while foreign reserves rose to a two-year high. [73]
A fire at a ski resort hotel (pictured) in Kartalkaya, Turkey, leaves at least 78 people dead and 51 others injured.; A series of attacks by the National Liberation Army in the Catatumbo region of Colombia leaves more than a hundred people dead.