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Drazen Jorgic

Pakistan stocks up, but IMF-friendly budget gets mixed reviews

Jun 12 2019

KARACHI/ISLAMABAD Pakistani stocks rose on Wednesday and the business community gave mixed reviews of Prime Minister Imran Khan's first budget aimed at securing a $6 billion bailout from the International Monetary Fund (IMF).

Pakistan stocks up, but IMF-friendly budget gets mixed reviews

Jun 12 2019

KARACHI/ISLAMABAD, June 12 Pakistani stocks rose on Wednesday and the business community gave mixed reviews of Prime Minister Imran Khan's first budget aimed at securing a $6 billion bailout from the International Monetary Fund (IMF).

In rare move, Pakistan military agrees to budget cut amid economic woes, PM says

Jun 05 2019

ISLAMABAD Pakistan's powerful military has agreed in a rare move to cut its hefty budget for a year to help ease the South Asian country's "critical financial situation", Prime Minister Imran Khan said.

India says diplomats, embassy guests harassed by Pakistani security in Islamabad

Jun 02 2019

ISLAMABAD India on Sunday accused Pakistani security services of widespread harassment at an Indian embassy event in the capital Islamabad a day earlier, alleging that hundreds of guests were turned away and some of New Delhi's diplomats were "threatened".

Pakistan's biggest mobile operator warns license tussle worries investors

May 30 2019

ISLAMABAD Pakistan's last-minute price hike for a long-term mobile operating license renewal will worry foreign investors who are seeking stability in their operations, Jazz chief executive Aamir Ibrahim said, amid an ongoing court case about the issue.

Pakistan army says lawmakers critical of military involved in attack on checkpoint

May 26 2019

PESHAWAR/ISLAMABAD, Pakistan Pakistan's army on Sunday accused two lawmakers critical of the military of playing a key role in a clash with troops at a security checkpost in which three people were killed, setting up a potential confrontation with a vast rights movement the two lawmakers helped to found.

Pakistan PM warns against war in region amid Iran tensions with U.S., Saudi

May 25 2019

ISLAMABAD Pakistani Prime Minister Imran Khan warned against the risk of conflict in the region, following a visit to Islamabad by Iranian Foreign Minister Javad Zarif as tensions between Washington and Tehran escalated.

RPT-Qatar emerges as front-runner for long-term LNG deal for Pakistan

Apr 29 2019

ISLAMABAD, April 26 Qatar has emerged as the front-runner for a long-term gas supply deal to Pakistan, a senior Pakistani official said on Friday, with the cabinet of Prime Minister Imran Khan set to decide in the coming weeks on an agreement.

Qatar emerges as front-runner for long-term LNG deal for Pakistan

Apr 26 2019

ISLAMABAD, April 26 Qatar has emerged as the front-runner for a long-term gas supply deal to Pakistan, a senior Pakistani official said on Friday, with the cabinet of Prime Minister Imran Khan set to decide in the coming weeks on an agreement.

Pakistan PM Khan appoints new finance ministry chief in major reshuffle

Apr 19 2019

ISLAMABAD Pakistani Prime Minister Imran Khan made a sweeping cabinet reshuffle on Thursday after only seven months in power and appointed Abdul Hafeez Shaikh as de facto finance minister to steer the country through worsening economic turmoil.

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