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Search resuls for: "Gibran Naiyyar Peshimam Asif Shahzad"


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Khan's colleagues in his Pakistan Tehreek-e-Insaf (PTI) party did not immediately respond to a request for comment on his indictment. Mobile data services were shut for a second day on Wednesday as street protests continued, with federal ministers accusing Khan's supporters of torching several buildings and vehicles. MORE THAN 1,000 ARRESTS[1/8] Supporters of Pakistan's former Prime Minister Imran Khan throw stones towards police during a protest against Khan's arrest, in Peshawar, Pakistan, May 10, 2023. Khan, a cricket hero-turned-politician, was ousted as prime minister in April 2022 in a parliamentary no-confidence vote. In most of the cases, Khan faces being barred from holding public office if convicted.
The external financing is needed to fully fund the balance of payments gap for the fiscal year that ends in June. Last week Saudi Arabia also told the IMF it would provide financing of $2 billion to Pakistan. Dar has said Pakistan has given details of the scheme to the IMF, which has asked how it would it find the resources needed. The IMF program will disburse another tranche of $1.4 billion to Pakistan before it concludes in June. Reporting by Gibran Naiyyar Peshimam, writing by by Shilpa Jamkhandikar; editing by Sudipto GangulyOur Standards: The Thomson Reuters Trust Principles.
ISLAMABAD, Jan 24 (Reuters) - Pakistan's energy ministry said on Tuesday it had restored its national power grid nearly 24 hours after a breakdown triggered the worst outage in months, highlighting the frailty of the aid-dependant nation's infrastructure. All 1,112 grid stations were back online, a senior government official told Reuters, adding that electricity would be fully restored across the country once power generation units were back up. The outage, which began on Monday morning during the peak winter season, is the second major grid failure to hit the nation of 220 million people since October, though there are partial blackouts almost daily. Residents in major cities said they now had electricity, but some areas of the country were still without power. China has invested in its power sector as part of a $60 billion infrastructure scheme that feeds into Beijing's "Belt and Road" initiative.
In November, the State Bank of Pakistan's Monetary Policy Committee unexpectedly pushed up its key rate by 100 bps, meaning it has now raised it by a total of 725 bps since January 2022. The country - struggling after last year's devastating nationwide floods - posted a 24.5% annual inflation rate in January. Although some moderation was seen in inflation in November and December, it remains high and core inflation has been on a rising trend for the last 10 months, the central bank added. The lack of fresh financial inflows and ongoing debt repayments have led to a steady drawdown in official reserves, the central bank said. "The current account deficit narrowed by around 60 percent to $3.7 billion in H1-FY23," the central bank said.
ISLAMABAD, Nov 24 (Reuters) - Pakistan on Thursday named Lieutenant-General Asim Munir as chief of the army, an organisation that plays an extraordinarily influential role in the governance of the nuclear-armed nation. Munir, who was also Pakistan's chief spy, will take over from outgoing General Qamar Javed Bajwa, who retires later this month after a six-year term, the defence ministry said. "It is based on merit, law and as per constitution," Defence Minister Khawaja Asif told reporters after announcing the Munir as the new chief. On Wednesday, outgoing army chief Bajwa said the military would have no role in national politics in the future, rejecting as "fake and false" Khan's claims that a U.S.-backed conspiracy topped his government. Reporting by Gibran Peshimam; Editing by Neil Fullick and Miral FahmyOur Standards: The Thomson Reuters Trust Principles.
There was a lot of bleeding," Fawad Chaudhry, a spokesperson for Khan's Pakistan Tehreek-e-Insaf (PTI) party, told Reuters. "I heard a burst of bullet shots after which I saw Imran Khan and his aides fall down on the truck," witness Qazzafi Butt told Reuters. "Later, a gunman shot a single shot but was grabbed by an activist of Khan's party." [1/7] Former Pakistani Prime Minister Imran Khan is helped after he was shot in the shin in Wazirabad, Pakistan November 3, 2022 in this still image obtained from video. Her father and former prime minister Zulfikar Ali Bhutto was hanged in the same city in 1979 after being deposed in a military coup.
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