Karachi

Pak MPs can use special indelible pencil only to vote in Prez poll tomorrow

Pak MPs can use special indelible pencil only to vote in Prez poll tomorrowKarachi, Sept 5: Pakistani parliamentarians (commonly referred to as Members of National Assembly) and members of provincial assemblies (MPAs) will cast their vote with a special indelible pencil in the presidential election scheduled for tomorrow.

No other writing instrument can be used for marking the ballot, said a guideline of the country’s Election Commission.

Pakistan's central bank tries to quell default rumours

Karachi - Pakistan's central bank on Thursday said it was working closely with the government to restore economic stability amid rising rumours that the country might default soon on loans from its international creditors.

"The federal government and the central bank are working in tandem to restore macroeconomic stability," Shamshad Akhter, the governor of State Bank of Pakistan, said in an unscheduled statement.

Akhter blamed the prolonged political instability and rising international fuel and commodities prices for the country's financial difficulties.

Anyone using Zardari name can get Sindh babus dancing to his tune!

Karachi, Sept 4 : Anyone using Zardari name can get Sindh babus dancing to his tune!Several top ranking babus in Sindh danced to the tune of an anonymous caller who befooled them by saying that he was calling from Zardari House, that they had been transferred, and that they must send official vehicles to the airports to receive the new incumbents.

Pakistan to make public inquiry into 'honour killing' of 5 women

KarachiKarachi- Pakistan's top security official said on Wednesday the government would complete its inquiry into the so-called honour killing of five women in the south-western province of Balochistan within a week and would make it public shortly.

"The inquiry will be completed within four to five days and we will make it public very soon," Rehman Malik, security advisor to Prime Minister Yousaf Raza Gilani, told newsmen in the southern port city Karachi.

Probe begins into “SMS character assassination campaign” against Zardari

Karachi, Aug 31: Probe begins into “SMS character assassination campaign” against Zardari

Citibank urges Pakistan to seek IMF help to avoid default

Citibank urges Pakistan to seek IMF help to avoid default Karachi - US-based Citibank has advised Pakistan to secure help from the International Monetary Fund (IMF) to avoid default on its foreign debt repayments in the face of an ongoing political crisis.

The report, "Pakistan: Could the Political Chaos Lead to Sovereign Default?" released in New York Wednesday, cited a rising chance of default over mounting political instability, dwindling foreign exchange reserves and the weakening Pakistani rupee.

Pages