Editorial

Energy prices taking toll on development

The federal government had decided a few years ago that the prices of petroleum products would be fixed every fortnight keeping in view the trend of the global market. Since then, on the fifteenth and last day of every month, the old rate is maintain...

An inevitable requirment

To make the country self-sufficient in financial resources and get rid of debt on a sustainable basis, it is necessary to bring the tax revenue to the level of at least 13 percent of the gross national product, while this ratio is close to 9 percent...

All eyes set on SCO summit in Islamabad

It is a great honor for Pakistan to host the summit of the Shanghai Cooperation Organization (SCO), whose main objectives are to promote political, economic and security cooperation in the region. Pakistan has prepared to make this summit conference...

Rising exports: a good augury

During the ups and downs of more or less the last two decades, the country's economic situation suddenly worsened in 2019 when the rupee depreciated against the dollar and the export deficit reached 22.35 percent on an annual basis.  In comparis...

Mosquito-borne disease on the rise

As the month of October starts, the Meteorological Department has done well to issue an alert for possible dengue outbreaks. At the same time, another mtosquito-borne disease chickengunya cases are also on the rise and with the onset of the winter,...

Pak beggars in S. Arabia: a matter of concern

Last year, on the complaint of the Saudi authorities, some beggars who went to the land of Hijaz under the guise of Hajj and Umrah were rounded up. If this operation had been completed effectively, the nation would not have faced shame again today. A...

A commendable move

The Sindh High Court has once again ordered that under the Provincial Act 2013, private schools should provide free education to 10% of deserving and poor children, otherwise, the registration of violating institutions should be cancelled. On the oc...

Illegal transit trade causing huge losses to national exchequer

It is not possible to deny the importance of bilateral trade with neighboring countries, however, the smuggling that takes place under its cover cannot be ignored in any way, due to which the Pakistani economy has suffered a loss of trillions of rupe...

Shocking estimates of foreign debt

The estimates of foreign debts revealed in the Standing Committee on Finance of the National Assembly are on the one hand a test of the ability and insight of our economic managers, on the other hand, it is required that the federal and provincial go...

Time to explore new dimensions

Though US and Pakistan have been long term allies regarding war on terrorism, yet there emerge various ups and downs in their relations since the formation of Pakistan. From the time of its establishment, Pakistan had ignored the socialist bloc and a...

NC Big Stories

Iran has 'legitimate' right to self-defence: Erdogan

ISTANBUL: Turkish President Recep Tayyip Erdogan said yesterday Iran had the "legitimate" right to defend itself in the face of Israel's ongoing bombing campaign, now in its sixth day. "It is a very natural, legitimate and legal right for Iran to def...

Iran-Israel conflict threat to regional, global peace: PM

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Field Marshal Munir creates history, White House engagement marks ‘national triumph’

WASHINGTON: A defining moment for Pakistan, in an unprecedented diplomatic move, Field Marshal Syed Asim Munir became the first Chief of Army Staff in Pakistan’s history to hold a high-level meeting with a sitting US President at the White Hous...

PM forms committee to promote cashless economy

ISLAMABAD: Prime Minister Muhammad Shehbaz Sharif yesterday established a high-level committee to promote cashless economy and speed up the digitization. The committee, chaired by the prime minister himself, will review the progress and initiatives r...
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