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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]
At least four personnel of Pakistan Rangers and one civilian were killed when a car struck them at a checkpoint in Islamabad on the night of 26 November. [64] The government claimed it was a targeted attack, meanwhile PTI leader, Zulfi Bukhari , denied the claim stating that "...there are videos viral on social media of protesters protecting ...
Monday was the deadliest day of the year so far for Pakistan, the latest flare-up in a long-running insurgency driven by inequality, ethnic resentments and colossal Chinese investments.
2023 Pakistani parliamentary crisis began when 127 MNAs belonging to the Pakistan Tehreek-e-Insaf (PTI) resigned en masse from National Assembly. [ 1 ] [ 2 ] Finally, all by-elections have been suspended by the High Courts from the four provinces.
Pakistan's political and military leaders on Friday moved to de-escalate tensions with Iran after this week's deadly airstrikes by Tehran and Islamabad that killed at least 11 people and marked a ...
The attack came a day after an Iranian missile strike in Iraq and Syria, purportedly targeting terrorist groups in response to the Kerman bombings. [4] It also occurred on the same day that Pakistan's caretaker Prime Minister Anwaar ul Haq Kakar and Iranian foreign minister Hossein Amir-Abdollahian were meeting during the World Economic Forum in Davos, Switzerland, and while joint exercises ...
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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.