Edition:
United Kingdom

James Mackenzie

Pakistan reopens airspace to civil aviation after India standoff

16 Jul 2019

ISLAMABAD/NEW DELHI Pakistan reopened its airspace to international civil aviation on Tuesday after months of restrictions imposed because of clashes with India, which forced long detours that cost airlines millions of dollars.

Fake polio markers highlight risks to Pakistan vaccination drive

15 Jul 2019

ISLAMABAD/PESHAWAR, Pakistan Pakistan's polio eradication campaign has hit serious problems with an alarming spike in reported cases that has raised doubts over the quality of vaccination reporting and prompted officials to review their approach to stopping the crippling disease.

Pakistan welcomes venture's willingness for negotiated settlement after Reko Diq mine ruling

14 Jul 2019

ISLAMABAD Pakistan said on Sunday it welcomed a statement by Tethyan Copper expressing willingness for a negotiated settlement after a World Bank tribunal ordered the government to pay $5.8 billion in damages in a dispute over the Reko Diq copper mine.

UPDATE 2-Pakistan welcomes venture's willingness for negotiated settlement after Reko Diq mine ruling

14 Jul 2019

ISLAMABAD, July 14 Pakistan said on Sunday it welcomed a statement by Tethyan Copper expressing willingness for a negotiated settlement after a World Bank tribunal ordered the government to pay $5.8 billion in damages in a dispute over the Reko Diq copper mine.

IMF board approves $6 billion loan package for Pakistan

04 Jul 2019

ISLAMABAD The International Monetary Fund Executive board approved a three-year, $6 billion loan package for Pakistan on Wednesday to rein in mounting debts and stave off a looming balance of payments crisis, in exchange for tough austerity measures.

Reality bites after IMF tells Pakistan to leave rupee to market forces

24 May 2019

ISLAMABAD Less than 10 months after coming to power in Pakistan with visions of creating a welfare system to lift millions out of poverty, economic crisis has forced Prime Minister Imran Khan into the hard realities of an IMF bail-out.

Reality bites after IMF tells Pakistan to leave rupee to market forces

24 May 2019

ISLAMABAD, May 24 Less than 10 months after coming to power in Pakistan with visions of creating a welfare system to lift millions out of poverty, economic crisis has forced Prime Minister Imran Khan into the hard realities of an IMF bail-out.

Pakistan says wants peace with India, Modi responds after victory speech

23 May 2019

ISLAMABAD The Pakistani and Indian prime ministers exchanged messages via Twitter on Thursday hoping for peace, after Narendra Modi returned to power in New Delhi in an election fought in the wake of confrontation between the nuclear-armed enemies.

Pakistani central bank lifts interest rate as inflation bites

20 May 2019

ISLAMABAD Pakistan's central bank raised its key interest rate to 12.25% on Monday, warning that already soaring inflation risked further rises on the back of higher oil prices and reforms required for a bailout from the International Monetary Fund.

Pakistan agrees another multi-billion IMF bailout

12 May 2019

ISLAMABAD Pakistan has reached an accord with the International Monetary Fund for a three-year, $6 billion bailout package aimed at shoring up fragile public finances and strengthening a slowing economy, officials said on Sunday.

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