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[ Twin deficit is merely an indicator, not the root cause, of structural economic fragility ISLAMABAD: The recent Asian Development Bank (ADB) dialogue on fiscal sustainability brought together experts and policymakers to deliberate on Pakistan’s macroeconomic trajectory. While the narrative surrounding Pakistan’s fiscal and external imbalances remains dominated by overcoming the “twin deficit,” I would … Read more
[ Haq also expressed concern at the immense level of double taxation in the system and called for major sales tax reforms. CREATIVE COMMONS LAHORE: Sales tax is supposed to be borne by the final consumer. Pakistan makes importers, manufacturers, exporters and service providers finance it before consumption. A levy presented as value-added tax has … Read more
Microplastics are usually consumed through food and water, but more recently, they are making their way into Indonesia’s air and rain. Sui-Lee Wee, our Asia business correspondent, traveled to Jakarta, the capital, to find out why.
. JF-17 Thunder is an advanced, light-weight, all weather, day / night multi-role fighter aircraft; developed as a joint venture between Pakistan Aeronautical Complex (PAC), Kamra and Chengdu Aircraft Industry Corporation (CAC) of China. PHOTO: Pakistan Aeronautical Complex website PAKISTAN: There are moments in a nation’s life when history does not whisper. It roars. It … Read more
Mir Raza Ali, owner of the popular dessert shop Wafflix, whose body was found in Gulistan-e-Jauhar after he was allegedly kidnapped from PECHS. SCREENGRAB/ Youtube KARACHI: The chehlum of Mir Raza Ali, the deceased owner of dessert brand Wafflix, was observed on Sunday, with relatives, friends and residents of the area attending the gathering. Quran … Read more
Neither Witkoff nor Ukraine president announce any breakthrough on ending conflict with Russia Ukraine’s President Volodymyr Zelensky and US envoy Jared Kushner visit St Sofia Cathedral in Kyiv. PHOTO: AFP KYIV: War with Russia “at the moment” looked likely to continue into winter, Ukrainian President Volodymyr Zelensky said on Sunday, after talks with US envoys … Read more
Joint statement calls on UNSC to fulfil its responsibilities; 100 Palestinians recovered from rubble laid to rest MASS FUNERAL: Mourners gather for the burial of around 100 Palestinians, including 62 children, whose remains were recovered from rubble, in Gaza City. PHOTO: AFP ISLAMABAD: Pakistan, Egypt, Indonesia, Jordan, Qatar, Saudi Arabia, Turkiye and the United Arab … Read more
Warns of wheel-jam, shutter-down strikes, petrol station closures and march on Islamabad Adviser to the Prime Minister Rana Sanaullah, JI chief Hafiz Naeemur Rehman and Planning Minister Ahsan Iqbal during a press conference in Lahore on September 3, 2026. PHOTO: EXPRESS LAHORE: Jamaat-e-Islami (JI) chief Hafiz Naeemur Rehman has warned the government of expanding the … Read more
A vote in eastern Germany has given fresh momentum to hard-right parties hoping to win elections across Europe next year, analysts said.
The Alternative for Germany, or AfD, trounced its rivals but was left unsure if it will be able to govern in Saxony-Anhalt. The result shocked Germany.