News Updates

Category: Affairs

Pakistan’s Imports from Iran Surge 25% in March

Pakistan’s imports from Iran stood at $95.6 million in March 2024, up 25 percent on a year-on-year basis compared to imports of $76.4 million registered in March 2023. According to sources, Pakistan’s imports from Iran stood at $86.1 million in February 2024, signaling a month-on-month increase of 11 percent in

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GSK Rejects Sub-Standard Drug Charges By Rawalpindi Court

GlaxoSmithKline Pakistan Limited (PSX: GLAXO) has denied charges brought forth by the Drug Court Rawalpindi against some of its employees for supplying substandard drugs and has vowed to appeal the decision, the pharmaceutical company informed the main bourse on Tuesday. ‘We would like to inform you that the Drug Court

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IMF Unhappy With Lavish Bonuses Given to PM Office Employees

The International Monetary Fund (IMF) isn’t happy with the federal government’s decision to give bonuses to employees of the Prime Minister’s Office (PMO) and the earlier approval of Rs. 24 billion in supplementary grants by the Economic Coordination Committee (ECC). The IMF has sought an explanation from the Finance Division

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UNDP Launches Report On Digital Transformation of Development Projects in Pakistan

Pakistan’s first-ever Digital Development Index (DDI) measures digital development progress across Pakistan’s provinces and districts, placing the country in the ‘moderate’ digital development category with a cumulative DDI of 0.205, in the Pakistan National Human Development Report (NHDR) 2023/2024 ‘Doing Digital for Development: Access, Adopt, Anticipate, Accelerate’ launched here on

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US Threatens Pakistan Against Business Agreements With Iran

US Department of State Spokesperson Mathew Miller has warned of potential sanctions against countries who do business with Iran, citing the risk of sanctions. He recently said this in response to a query regarding Pakistan’s latest trade agreements with Iran. While he didn’t specifically threaten Pakistan, Miller recalled that the

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PM Shehbaz Suspends High-Ranking FBR Official For Delaying Tax Cases

Prime Minister Muhammad Shahbaz Sharif has suspended Chief Commissioner Inland Revenue (Islamabad) and all associated officers for deliberately delaying tax cases, sources told ProPakistani. The Prime Minister has taken personal charge of overseeing the implementation of Federal Board of Revenue (FBR) reforms and ordered an inquiry into the matter. Tax

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