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Asif Shahzad

Pakistan PM Khan appoints new finance ministry chief in major reshuffle

18 Apr 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.

Pakistan reaches 'agreement in principle' with IMF over bailout

15 Apr 2019

ISLAMABAD Pakistan has reached an "agreement in principle" with the International Monetary Fund (IMF) over a bailout program and expects to formally secure a rescue package later this month, a Pakistani minister said on Monday.

Saudi Aramco team in Pakistan for talks on first LNG deals - official

12 Apr 2019

ISLAMABAD A delegation from the world's largest crude oil producer, Saudi Aramco, is in Pakistan for discussions on what would be its first ever liquefied natural gas (LNG) shipments, a top Pakistani official said on Friday.

Pakistan court rules teenage Hindu girls converted to Islam voluntarily

11 Apr 2019

ISLAMABAD Two Pakistani Hindu sisters whose parents said they were kidnapped and forced to change their religion to marry Muslims had converted voluntarily, a court ruled on Thursday, in a case that has attracted attention in Hindu-majority India.

Pakistan offers yet another tax amnesty to pinpoint high earners

08 Apr 2019

ISLAMABAD Pakistani Finance Minister Asad Umar urged people to declare their assets for a new tax amnesty, a scheme he denounced last year as legitimizing ill-gotten wealth, in a bid to identify high earners for more efficient tax collection in future.

Pakistan inflation hits 9.41 percent, highest in five years

01 Apr 2019

ISLAMABAD Pakistan's consumer price inflation rose in March to its highest since November 2013, adding to economic headwinds besetting Prime Minister Imran Khan's government.

UPDATE 1-Pakistan inflation hits 9.41 percent, highest in 5 years

01 Apr 2019

ISLAMABAD, April 1 Pakistan's consumer price inflation rose in March to its highest since November 2013, adding to economic headwinds besetting Prime Minister Imran Khan's government.

Satire offers new ground for silenced Pakistani journalists

28 Mar 2019

ISLAMABAD An army boot and a sandal discuss what to do with fallen former Pakistani Prime Minister Nawaz Sharif in a satirical social media video that highlights the way journalists shut out from the country's mainstream media are turning to the Internet.

Pakistani opposition leader Bilawal Bhutto accuses government of waging 'politics of revenge'

20 Mar 2019

ISLAMABAD The leader of one of Pakistan's main opposition parties, Bilawal Bhutto Zardari, accused the government on Wednesday of deliberately targeting political opponents after an anti-graft agency summoned him and his father for questioning.

PM Khan says no militants will be allowed to attack from Pakistani soil

08 Mar 2019

ISLAMABAD Pakistani Prime Minister Imran Khan on Friday said no militant group would be allowed to operate from Pakistani soil to carry out attacks abroad, days after his government announced a sweeping crackdown against Islamist militant organisations.

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