KARACHI/BRUSSELS, (Unib Rashid) – Pakistan’s auto financing portfolio has reached a record level despite a 100-basis-point increase in the policy rate to 11.5 percent, reflecting sustained consumer demand for vehicle purchases. According to data released by the State Bank of Pakistan (SBP), outstanding automobile loans climbed to Rs369.12 billion by the end of May, surpassing...
Washington, D.C,June 16, 2026, (TW NEWS) – (The following aide memoire was given to Ambassador Rizwan Saeed Sheikh Sahib, Pakistan’s Ambassador to the United States in Washington, D.C. in person. The submission of this memorandum is guided by two primary objectives. First, it seeks to emphasize that most of the demands put forth by the...
The National Budget 2026-27 has once again raised a serious question mark over Pakistan’s national priorities. Allocating only Rs 433 per person annually for education clearly demonstrates that education, the most fundamental and decisive sector for national development, has not been given the importance it deserves in our policy-making process. This allocation is not merely...
Dr. Ghulam Nabi FaiChairmanWorld Forum for Peace & Justice June 17, 2026 United Nations,New York : As the United Nations Special Committee on Decolonization (C-24) convenes its 2026 session at UN Headquarters in New York, which began on June 15, 2026, chaired by Ambassador Menissa Rambally of Saint Lucia, the international community has an opportunity...
The mention of the circular issued by the Indian government on 1st June, 2026, to “comprehensively re-verify every citizen of Indian Illegally Occupied Jammu and Kashmir (IIOJK)” should have been taken for what it actually is: the most silent genocide ever “designed.The order demands all citizens to provide new iris scans, fingerprints and facial recognition...
The world is moving towards AI, digital economies, and smart cities and it is tempting to think that electricity is given in every part of the planet. But in the mountains of Kashmir, there is a village where darkness is still a part of everyday life. Their story is not of the distant past, but...
According to reports, the controversy originated when the son of a local Member of the Provincial Assembly (MPA) allegedly used the office washroom of the District Police Officer (DPO) Hafizabad. A disagreement reportedly followed, during which the DPO allegedly asked the young man to “Get Lost.” What could have been resolved through a simple conversation,...
Fifty years ago during the Second World War, in Nazi Germany enforced disappearances were born as a practice against Jews and Communists. Over time, however, this inhuman practice transcended its historical origins and evolved into a global phenomenon, reappearing in different conflict zones under varying political contexts. One of its most tragic contemporary manifestations can...
The Federal Budget 2026-27, despite official claims of stability and growth, presents a deeply concerning fiscal reality. Rather than reflecting economic transformation or meaningful relief for citizens, it signals continued dependence on borrowing, rising debt servicing pressures, weak structural performance, and limited fiscal space for development. In essence, it is rightly described as a Budget...
Pakistan is a country whose economy has consistently been projected as agriculture-based, yet it is currently facing an annual loss of approximately 6 billion US dollars in foreign exchange due to the import of edible oil, exposing a deep structural weakness in its agricultural and economic framework. Despite this heavy financial outflow, the country possesses...
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