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Punjab pairs austerity with growth

• Rs5.9tr surplus budget unveiled • Current spending reduced by 3.1% under fiscal consolidation push • Salaries up LAHORE: The Punjab government unveiled on Tuesday Rs5.903 trillion surplus budget for coming fiscal year, showing reduced current expenditures, despite a 7% increase in salaries and 3.5% hike in pension, while a substantial amount of Rs803.88 billion … Read more

Pakistan’s nimble strategy helped shape Iran-US deal

ISLAMABAD: Pakistan’s quiet but intensive diplomatic efforts played a pivotal role in preventing a potentially devastating regional conflict among the Muslim countries, revealed security sources on Tuesday, as preparations enter the final phase for the signing of a landmark peace agreement between Iran and the United States in Switzerland later this week. At a background … Read more

Iran deal includes $300 billion fund

DUBAI: A $300 billion private fund designed to trigger investment into Iran is outlined in the U.S.-Iran framework agreement and more than half that sum has already been committed, a source with direct knowledge of the deal told Reuters. The fund is designed to give both sides an economic incentive to conclude a final deal, … Read more

Measles claims 53 children

. KARACHI: A fresh surge in measles cases has taken a dangerous turn in Sindh, with more than 2,000 children infected so far this year and 53 losing their lives due to complications. Speaking to The Express Tribune, paediatrician Dr Khalid Shafi said that the nationwide death toll from measles has reached 96. Across Pakistan, … Read more

Five-year-old boy dies after falling into uncovered manhole in Lahore

They had initially refused to descend the 10-foot manhole, but the chief inspector had threatened to fire them. PHOTO: EXPRESS/FILE A five-year-old boy died after falling into an uncovered manhole in Lahore’s Sundar area on Tuesday, officials said. The victim, identified as Hassan Amir, was playing in a street near Rana Town, behind a mosque, … Read more

Israeli analysts call Netanyahu ‘liar,’ ‘humiliated’ by Trump after US-Iran deal

PM Benjamin Netanyahu stands at the height of a colossal strategic failure for Israel, says Haaretz’s Yossi Verter Israeli analysts blasted PM Benjamin Netanyahu as a “failure” and “liar,” saying Donald Trump humiliated him by sidelining Israel from the US-Iran deal.PHOTO: FILE Israeli analysts sharply criticised Prime Minister Benjamin Netanyahu on Tuesday, describing him as … Read more

Pakistan, China welcome Iran-US understanding, call for continued engagement

Wang Yi praises Pakistan’s mediation efforts in Iran-US engagement during call with Dar Foreign Minister Ishaq Dar(L) and China’s Foreign Minister Wang Yi. PHOTOs: File Pakistan and China on Tuesday welcomed the understanding reached in the Iran-US Memorandum of Understanding (MoU), describing the consensus as an important step towards promoting sustainable peace and stability in … Read more