Page 2 - Shahbaz Sharif

As IMF okays Pak revival plan, Sharif says 'is not an end in itself'

As International Monetary Fund (IMF) approved Pakistan's revival plan to stabilize the country's economy, Prime Minister Shahbaz Sharif has said that it "is not an end in itself".Prime Minister's remarks come after IMF executive board approved the revival of Pakistan's Extended Fund Facility (EFF) programme on Monday with which the country will receive the 7th and 8th tranche of USD 1.17 billion.Taking to Twitter, the Prime Minister said that the revival of the IMF programme is a path to the reorientation of the Pakistani economy."Revival of IMF program, though critical to our economy, is not an end in itself. It offers a pathway to reorient our economy. We will have to work hard to make it self-sufficient. Pakistan must break out of the economic straitjacket, which is only possible through structural reforms," he said.Finance Minister Miftah Ismail had tweeted, "Alhamdolillah the IMF Board has approved the revival of our EFF program. We should now be getting the 7th & 8th ...

PM Sharif leaves for 2-day Qatar visit amid political turmoil in Pakistan

Pakistan Prime Minister Shehbaz Sharif is set to embark on a two-day official trip to Qatar on Tuesday even as political tensions continue to rise in the country."Leaving for Qatar today at the invitation of my brother HH Sheikh Tamim bin Hamad Al-Thani. The visit will renew the bond of brotherhood & friendship between our two countries. We want to transform our historical bilateral relationship into a more robust strategic relationship," Shehbaz Sharif tweeted.The Pakistan prime minister, along with a high-level delegation including key members of the Cabinet, will look to renew ties between the two countries.He will try to seek investment in several sectors such as renewable energy, food security, industrial & infrastructure development and tourism."On the invitation of His Highness Sheikh Tamim bin Hamad Al Thani, the Amir of the State of Qatar, Prime Minister Muhammad Shehbaz Sharif will pay a two-day official visit to Qatar from 23-24 August 2022. This would be the ...

Pak death toll from rains, flood reaches 320; PM visits Balochistan

Pakistan PM Shahbaz Sharif has visited flood-ravaged Balochistan province and assured the affected people of all possible help in their rescue and rehabilitation

Imran Khan to hold public gathering in Islamabad against Sharif govt

Former Pakistan Prime Minister Imran Khan is set to hold a huge public gathering at Parade Ground in the capital city of Islamabad on Saturday amid the worsening economic crisis in the country.Aside from the Pakistan Tehreek-e-Insaf (PTI) chief, the Islamabad jalsa would be addressed by other senior leaders of the party. Khan will himself lead a rally from Rawalpindi to the Parade Ground venue, ARY News reported."InshaAllah tomorrow will be our historic Islamabad jalsa at Parade Ground against Imported govt's pol destabilisation & crushing our people under the burden of excessive load shedding in peak of summer & spiralling fuel prices. I will be leading a rally from Pindi to Parade Ground," Imran Khan tweeted on Friday."Instead of buying cheaper oil from Russia Imported govt, brought in by US regime change conspiracy, continues to put unbearable burden on people while giving themselves NRO2 worth Rs 1100 bn. Total increase Rs 99 for petrol, Rs 133 for diesel. Join our ...

Pakistan PM Sharif announces 10% super tax on large-scale industries

High net worth individuals will also be subject to a "poverty alleviation tax," Sharif announced after chairing a meeting of his economic team on the federal budget for the next fiscal year 2022-23.

Pakistan PM Sharif: Determined to complete all CPEC projects on time

Sharif said the affordable and skilled Pakistani labour and modern Chinese technology jointly will help make the economic development grow at a vigorous pace

India slams Pak for criticising BJP members remarks against Prophet

External Affairs Ministry spokesperson Arindam Bagchi said the "absurdity of a serial violator of minority rights commenting on the treatment of minorities in another nation is not lost on anyone"

No change in trade policy with India: Pak amid buzz over trade minister

Pakistan's Ministry of Commerce issued a statement, saying Ministry of Commerce manages 57 Trade Missions in 46 countries which includes the post of Minister (Trade and Investment) in New Delhi, India

The Sharifs and their filthy lucre

In 1998, a book came out on the corporate interests of Nawaz Sharif's extended family

Change of guard in Pakistan is its internal matter: Senior army officer

We are keeping a watch on the situation and our counter-infiltration measures are in place to foil all their attempts, the army officer said

Imran Khan's party to boycott investigation of 'foreign conspiracy' letter

Dr Farrukh Habib, a party functionary also claimed that a 'surprise move' will be announced at a PTI rally next week in Lahore

Imran Khan tried to sack Army chief General Bajwa before ouster: Reports

Hours after ouster, Imran's close aide's house was raided and his family's mobile phones were confiscated

Pakistan political crisis: Imran Khan ousted, paving way for power shift

Pakistan political crisis: Parliament will convene again on Monday to pick a new prime minister, which will almost certainly be opposition leader Shehbaz Sharif.

Pakistan parliament to meet Saturday to decide PM Imran Khan's fate

The country's top court ruled late on Thursday that Khan must face the no-confidence vote, which he is widely expected to lose, meaning he would be ousted from office

Pakistan PM Imran Khan's defeat imminent: Oppn leader Shahbaz Sharif

Pakistan's leader of Opposition Shahbaz Sharif censured Pakistan PM Imran Khan, saying his "defeat is imminent" on Sunday

Pakistan opposition leader Shahbaz Sharif sent to 14-day remand

Shahbaz was taken into custody from the Lahore High Court's premises

Pak's Opposition leader Shahbaz Sharif arrested in money laundering case

The development comes just ahead of the planned protests next month by his party

Nawaz Sharif's brother Shahbaz sent to 10-day remand in Rs 14-bn scam

Nawaz described his brother's arrest as political victimisation

Indians will come to Wagah and call Pakistanis their master: Shehbaz Sharif

Sharif said people can change his name if he does not take Pakistan ahead of India after coming into power

Nawaz Sharif's brother Shahbaz Sharif becomes interim chief of ruling PML-N

Shahbaz, 66, has been elected as the party's president for 45 days by its central working committee