The State Bank of Pakistan has chosen to keep the policy rate at 7% for the next two months, according to Dr Reza Baqir, the central bank’s governor. “The Monetary Policy Committee (MPC) agreed to keep the policy rate at 7% at its meeting on July 27, 2021,” the SBPRead More →

LAHORE, Pakistan — On Tuesday, a court in Lahore granted bail to Nazir Chohan, a member of the Pakistan Tehreek-e-Insaf (PTI) in the Punjab Provincial Assembly. The court ordered that he be released after submitting Rs100,000 in bail bonds. Earlier in the day, police detained Nazir Chohan in connection withRead More →

ISLAMABAD, Pakistan – On Friday, Shahbaz Gill, the Prime Minister’s Political Communication Advisor, stated that the British government has resolved to take action against former Prime Minister Nawaz Sharif-like elements. The adviser stated in a statement that such unscrupulous individuals are to blame for the countries’ impoverishment. He hoped thatRead More →