A large number of oil tankers are parked near Shireen Jinnah Colony in Karachi. — Online/FilePetroleum cargoes remain stranded at Karachi ports.Five major petrol and diesel vessels await clearance.Sindh restores 100% IDC bank guarantee requirement.Pakistan is facing the…
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Budget deficit down to 5.4% of GDP in FY25 from 6.8% in FY24
Boy walks past a sidewalk money exchange stall decorated with pictures of banknotes in Karachi. — Reuters/FileStatistical discrepancy went up to Rs0.32tr in Fiscal Year 2024-25.Govt had to borrow 50% amount to finance defence spending.Net revenue receipts at Rs9.94tr after Rs6.85…
PAA suffers Rs4bn loss after airspace ban for Indian airlines
An airplane prepares to land at an airport. — Reuters/File 100–150 Indian aircraft blocked daily from Pakistan’s airspaceKhawaja Asif says sovereignty outweighs financial considerations.Protection of homeland remains foremost priority: minister.
PIA resuming flights to United Kingdom this month
Pakistan International Airline aircraft prepares to take off for Paris at the Islamabad International Airport on January 10, 2025. — AFPManchester flights to resume in first phase.Birmingham, London routes to follow gradually.Move to ease travel for Pakistani diaspora.