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Debt-driven to risk-sharing model

[ The finance ministry has admitted that “public debt dynamics remained a key challenge” during the last fiscal year, as the increase in total public debt was “driven mainly by higher interest payments and exchange rate movements”. Photo: file ISLAMABAD: Pakistan’s economic debate is often confined to technical discussions – interest rates, fiscal deficits, taxation, … Read more

SC, Türkiye court to sign MoU today

. Police officers walk past the Supreme Court of Pakistan building, in Islamabad, Pakistan April 6, 2022. REUTERS ISLAMABAD: The Supreme Court of Pakistan and the Constitutional Court of the Republic of Türkiye will sign a Memorandum of Understanding (MoU) on judicial cooperation today (Monday). This event will take place at the Supreme Court building … Read more

Gwadar gains traction amid shifting dynamics

Improved security, faster handling and advanced systems drive a notable uptick in port efficiency QUETTA: Gwadar’s transformation from a quiet coastal outpost into a bustling maritime gateway is gathering pace, as rising cargo volumes and improving infrastructure begin to reshape its economic narrative and regional significance. The latest sign of this momentum came with the … Read more

Dar, Saudi FM stress de-escalation

. ISLAMABAD: Deputy Prime Minister and Foreign Minister Ishaq Dar on Sunday held a telephonic conversation with Saudi Foreign Minister Prince Faisal bin Farhan Al Saud to review the latest regional developments. During the call, the two leaders underscored the urgent need to ensure peace and stability and to de-escalate tensions in the region. They … Read more