News Archive - Page 195

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Middle East conflict may cost Pakistan up to $4 billion in remittances

Middle East conflict may cost Pakistan up to $4 billion in remittances

A new assessment warns Pakistan could lose $3 billion to $4 billion in annual remittances if Middle East tensions persist. The report says reduced overseas employment opportunities for Pakistani workers could intensify pressure on the country’s external finances.

Business
Pakistan backs UNAMA extension, raises alarm over Afghan terror threat

Pakistan backs UNAMA extension, raises alarm over Afghan terror threat

Pakistan backed a fresh three-month extension of UNAMA at the UN Security Council while warning that terrorism from Afghan soil is rising sharply. Islamabad said militant collaboration, disinformation and weak weapons control in Afghanistan remain major regional security concerns.

Politics
Pakistan warned LNG supplies may dry up after April 14

Pakistan warned LNG supplies may dry up after April 14

A Senate panel has been warned that Pakistan may face an LNG shortfall after April 14 because of Middle East-linked supply disruptions. The issue could intensify pressure on the power sector and broader energy planning.

Business
IB assigned to enforce austerity plan across state offices

IB assigned to enforce austerity plan across state offices

The federal government has given the Intelligence Bureau a watchdog role over its austerity plan. The step is aimed at tightening enforcement of fuel-saving and expenditure-control measures across state institutions.

Politics
PIA buyers get final deadline for extra 25% stake

PIA buyers get final deadline for extra 25% stake

The consortium buying into PIA has until April 29 to decide on taking an extra 25 percent stake. The development marks a key step in the government’s attempt to finalize the airline’s privatization and management transition.

Business
Government blocks retroactive war surcharges on cargo

Government blocks retroactive war surcharges on cargo

Customs authorities have moved to stop shipping companies from levying retroactive war-related charges on cargo already in transit. The decision is meant to shield Pakistani traders from added costs during a period of regional disruption.

Business