Khawaja Asif calls on the PTI to investigate Bushra Bibi’s questionable involvement in the demonstration.

Published

3 months ago

Farwa

During the Pakistan Tehreek-e-Insaf (PTI) rally in Islamabad, Defense Minister Khawaja Asif urged the party to investigate Bushra Bibi’s questionable involvement.

The top PML-N leader claimed that Imran Khan and the PTI leadership had already agreed to hold a sit-in at Sangjani.

“Bushra Bibi should be commended by the government for putting an end to the PTI’s demonstration,” the seasoned lawmaker stated.

He stated that the PTI employees attacked D-Chowk at Bushra Bibi’s direction.

“The workers remained stranded, and Bushra Bibi and Ali Amin Gandapur, the chief minister of Khyber Pakhtunkhwa, fled the scene,” the defense minister stated.

According to Prime Minister Shehbaz Sharif, the nation cannot afford the bloody politics.

He was speaking on Wednesday at a cabinet meeting.

According to the prime minister, the PTI has consistently staged violent protests in the capital because its leader disapproved of democratic and political ideals.

He claimed that the reason Pakistan avoided default and turned the economy around truly troubled the PTI.

“Even our harshest critics concur and commend that the economic trajectory is now on the upward trajectory,” he stated. The PM asked if it was necessary to ruin everything for the sake of the PTI.

E&P Companies Will Invest $5 Billion in Pakistan’s Petroleum Industry

Published

3 days ago

Farwa

Over the next three years, local and foreign companies involved in Pakistan’s oil and gas exploration and production sector have shown a strong desire to invest more than $5 billion in the nation’s energy sector.

Recent changes to the Petroleum Policy and the implementation of an exclusive tight gas policy, which provide better incentives and a more investor-friendly regulatory framework, are credited with the increase in investor confidence.

These strategic changes are expected to boost domestic energy production, open up new avenues for growth, and draw large amounts of both domestic and foreign investment.

Business

With inflation slowing, the SBP is anticipated to lower the policy rate for the eighth time in a row.

Published

3 days ago

Farwa

Businesspeople anticipate another reduction in the policy rate when the State Bank of Pakistan’s (SBP) Monetary Policy Committee (MPC) releases the updated rate.

The interest rate for the upcoming two months will be announced by the central bank. It is still unclear if the rate will stay the same or be lowered to reflect stakeholder expectations.

According to experts, the policy rate will be lowered in order to further boost the nation’s economic sector.

Interest rates may be lowered for the seventh time in a row if the inflation rate declines significantly more than anticipated.

In its last six sessions, the MPC had cut the policy rate by 10 percent. In January 2025, it decreased the rate by one percent to 12pc.

12PC POLICY RATE

In January, the State Bank of Pakistan (SBP) announced cut in key policy rate by 100 basis points (bps) to 12 percent from 13pc in line with expectations of the business community.

The policy rate, which had been at 22 percent since June 2024, was slashed by 1,000 basis points to 12 percent.

The SBP governor said the decision was taken with careful consideration. “Although inflation is expected to decline next month (February), core inflation remains a pressing concern,” he stated.

Ahmed highlighted strong remittance inflows and robust export growth as key factors supporting the current account.