Browsing Tag

PDM

JUI-F blames PML-N for soaring inflation

LAHORE: The Jamiat Ulema-e-Islam-Fazl has blamed the former ruling Pakistan Muslim League-Nawaz for the soaring inflation, saying it had no role in it as the latter was in the driving seat. Maulana Amjad Khan told Daily City News that…

PDM govt misses deficit target

ISLAMABAD: Pakistan’s federal budget deficit skyrocketed to a record Rs6.7 trillion in the last fiscal year, breaching the target by a wide margin, as spending on debt servicing and defence needs was 59% more than the net income of the…

Debt soars Rs18.5tr during PDM govt

ISLAMABAD: In an alarming development, the Pakistan Democratic Movement (PDM) government added Rs18.5 trillion to the public debt in just 15 months, which was more than the debt accumulated by its arch-rival Pakistan Tehreek-e-Insaf in its…

PPP wants ‘NA dissolved on Aug 8’

LAHORE: Pakistan Peoples Party (PPP) Punjab President Rana Farooq Saeed on Wednesday revealed that his party wanted the National Assembly to be dissolved on Aug 8, saying that a final date would be announced after consultation with the…

PM woos Fazl after recent outburst

ISLAMABAD: Prime Minister Shehbaz Sharif on Monday met with Jamiat Ulema-e-Islam (JUI-F) chief Maulana Fazlur Rehman in an apparent bid to defuse growing tensions in the ruling alliance. The meeting came a day after the JUI-F chief…

PDM dilemma: losing IMF or polls

KARACHI: The famous playbook used by governments so far in Pakistan to deal with the IMF offers no solution to the clueless PDM government dealing with a unique scenario due to the unusual turn of events triggered by the successful vote of…