An official document reveals that the federal government is carrying a debt burden of Rs14.5 trillion above the statutory limit set by Parliament, poorly implementing the debt management strategy. The skewed Debt Policy Statement 2024 from the Ministry of Finance discloses that during the fiscal year 2022-23, the federal government violated the Fiscal Responsibility and Debt Limitation Act and fai
OF all the comebacks he has mounted since his first ouster from power more than 30 years ago, the latest one has been the most improbable. The odds that Nawaz Sharif will be forming the next government after the Feb 8 elections are rising, although it cannot be known with any certainty at this stage. Even if he is not the prime minister himself, chances are whoever assumes the position will do
OF all the comebacks he has mounted since his first ouster from power more than 30 years ago, the latest one has been the most improbable. The odds that Nawaz Sharif will be forming the next government after the Feb 8 elections are rising, although it cannot be known with any certainty at this stage. Even if he is not the prime minister himself, chances are whoever assumes the position will do
The Bank Al-Habib on Wednesday announced that its profit-after-tax (PAT) surged by over 127 per cent to Rs35.930 billion in 2023 from Rs16.686bn in calendar year 2022. The bank also announced a 50 per cent or Rs5 per share as final cash dividend in addition to interim cash dividend already paid at Rs9 per share. The bank did not offer any bonus or rights share. Meanwhile, the PAT of Soneri B
The Bank Al-Habib on Wednesday announced that its profit-after-tax (PAT) surged by over 127 per cent to Rs35.930 billion in 2023 from Rs16.686bn in calendar year 2022. The bank also announced a 50 per cent or Rs5 per share as final cash dividend in addition to interim cash dividend already paid at Rs9 per share. The bank did not offer any bonus or rights share. Meanwhile, the PAT of Soneri B