Prime Minister Park and Cabinet Ministers give up salaries due to economic crisis

Shehbaz Sharif announced similar measures in February 2023 during his early years as prime minister. (document) Islamabad: Pakistan Prime Minister Shehbaz Sharif and his cabinet on Wednesday unanimously decided to waive salaries and related benefits due to the country’s unstable economic situation. According to a press release from the Prime Minister’s Office, the decision was … Read more

Pakistan says conditions for next $1.2 billion IMF loan tranche met: report

An International Monetary Fund review team is likely to visit Islamabad at the end of this month or early next month. Islamabad: Pakistan has met the International Monetary Fund’s benchmark for maintaining status quo in the energy sector, officials said ahead of an IMF cash review mission to Pakistan, an outcome that could help secure … Read more