Finance Minister Muhammad Aurangzeb says that the economy has the potential to grow 10 times its size to $3tr for Pakistan to become a high-middle-income country by 2047. That kind of growth or economic transformation is difficult to achieve but not impossible.

Unsurprisingly, the World Bank has given a pessimistic prognosis of Pakistan’s moribund economy. On Tuesday, it said the country’s economic growth is expected to pick up — slightly — from the current fiscal year (after contracting 0.2pc last year) but would remain below 3pc for the next two years as “policy constraints to sustainable economic growth remain unaddressed”.

THE latest Human Development Report from the UNDP presents a bleak global outlook, characterised by deepening inequalities and political polarisation. The report underscores the urgent need for collective action to navigate through these tumultuous times.

LAHORE, Pakistan (AP) — The former prime minister of Pakistan expected his party would claim an easy victory in the country’s parliamentary elections, sending him to the top job for a fourth time. Instead, Nawaz Sharif faces a difficult path to power.

Lackluster from the beginning, the exercise concluded with a whimper last evening. Amidst limited reporting due to the suspension of communication services, there were some reports of delays in the polling process and various violations of rules and the election code of conduct.

ISLAMABAD (AP) — Pakistanis braved cold winter weather and the threat of violence to start voting for a new parliament Thursday even as the death toll from twin bombings a day before claimed at least 30 lives, in the worst election-related violence ahead of the contested elections.

ISLAMABAD (AP) — A Pakistani court on Tuesday sentenced former Prime Minister Imran Khan and one of his party deputies to 10 years in prison each, after finding them guilty of revealing official secrets. The verdict drew swift criticism from Khan’s followers.

KATHMANDU, Jan 25: Nepal lost its second match of Group 'D' under ICC U-19 Cricket World Cup. Pakistan defeated Nepal by five wickets in the match held on Wednesday at Cricket Ground of East London, South Africa.

BEIJING, Jan. 19: Beijing said Thursday it was willing to mediate between Pakistan and Iran following an exchange of fire against militant targets in their border region, including a strike that Tehran said killed at least seven civilians.

PAKISTAN, Jan 18: Pakistan said Thursday it had carried out strikes against militant targets in Iran, a day after Tehran launched attacks on Pakistan territory earlier this week.

ISLAMABAD, Jan 1: Jailed former Pakistan prime minister Imran Khan and most of his supporters have been rejected as candidates for the February 8 election, party officials said Sunday after nominations for the ballot closed.

KATHMANDU, Dec 22: The Eleventh Meeting of the Governing Board of South Asian University (SAU) held in Kathmandu recently decided to appoint Prof. K. K. Agrawal from India as the new President of SAU.

ISLAMABAD, Dec 19: Artificial intelligence allowed Pakistan's ex-prime minister Imran Khan to campaign from behind bars on Monday, with a voice clone of the opposition leader giving an impassioned speech on his behalf.

KATHMANDU, Dec 13: Pakistan has rejected the verdict of the Supreme Court of India on the status of the Indian-held Jammu and Kashmir.

Pakistan’s military said its forces raided a militant hideout in a former stronghold of the local Taliban near the border with Afghanistan, triggering an intense shootout that killed eight militants.

Islamabad [Pakistan], Nov 24: Terming illegal immigrants as "Aliens", Balochistan Caretaker Information Minister Jan Achakzai has said that the second phase of a crackdown against illegal foreigners has been initiated and the government is planning to deport 1 million illegal foreigners by January 2024, Pakistan-based Geo News reported.

Islamabad, Nov 20: The International Monetary Fund (IMF) has revised Pakistan's foreign loan requirement to USD 25 billion for this fiscal year, reducing it by USD 3.4 billion, The Express Tribune newspaper reported, adding that it also lowered Pakistan's economic growth projection to just 2 per cent.

ISLAMABAD (AP) — Pakistan’s former Prime Minister Nawaz Sharif arrived home Saturday on a chartered plane from Dubai, ending four years of self-imposed exile in London as he seeks to rally supporters ahead of parliamentary elections due in January.

QUETTA, Pakistan, Sept 30: More than 50 people were killed and dozens more wounded in Pakistan's Balochistan province on Friday by a suicide bomber targeting a procession marking the birthday of Islam's Prophet Mohammed, officials said.

World number one batter Babar Azam and Iftikhar Ahmed scored punishing hundreds as Pakistan annihilated Nepal by 238 runs in the opening game of the Asia Cup in Multan on Wednesday.

ISLAMABAD, Aug 29 : A Pakistani court on Tuesday suspended former Prime Minister Imran Khan's recent conviction on corruption charges, his lawyer Naeem Panjutha said, though it was unclear whether this would lead to his release from jail.

KATHMANDU, August 11: The Embassy Pakistan in Nepal in collaboration with Nepal-Pakistan Friendship and Cultural Association (NPFCA) organized a reception to celebrate 76thIndependence Day Anniversary of Pakistan in the capital city on Thursday.

KATHMANDU, August 10: The newly-appointed Ambassador of Pakistan to Nepal, Abrar Hashmi, has said that he will make efforts to revive all existing bilateral mechanisms between Nepal and Pakistan in order to strengthen the friendly relations that exist between the two South Asian nations.

ATTOCK, Pakistan, Aug 6: Pakistan’s former Prime Minister Imran Khan spent the night at a high-security prison after a court handed him a three-year jail sentence for corruption, a development that could end his future in politics.

ISLAMABAD, Aug 5: Pakistani police on Saturday arrested former Prime Minister Imran Khan at his home in the eastern city of Lahore. It’s the second time the popular opposition leader has been detained this year.

KHAR, Pakistan, July 31: A suicide bomber blew himself up at a political rally in a former stronghold of militants in northwest Pakistan bordering Afghanistan on Sunday, killing at least 44 people and wounding nearly 200 in an attack that a senior leader said was meant to weaken Pakistani Islamists.

ISLAMABAD, July 19: At least eight people were killed and four went missing on Wednesday after a wall collapsed due to rain in Rawalpindi city of Pakistan's eastern Punjab province, the rescue service reported.

KATHMANDU, June 13: The Embassy of Nepal in Pakistan hosted a special event to commemorate the 70th anniversary of the first ascent to Mount Everest and International Mt. Everest Day-2023. The event was attended by Everest Summiteers, alpinists, media personnel, and friends of Nepal in Islamabad.

KATHMANDU, June 12: Ambassador of Pakistan to Nepal, Abrar H Hashmi, presented his Letters of Credence as ambassador of the Islamic Republic of Pakistan to Nepal to President Ram Chandra Paudel during a special function organized at Shital Niwas on Monday

ISLAMABAD, June 12: At least 13 people were killed and around 41 others injured on Monday in two separate road accidents in Pakistan, the rescue service and authorities reported.

ISLAMABAD, June 11: Three security personnel and three terrorists were killed in a clash between security forces and terrorists in North Waziristan district of Pakistan's northwest Khyber Pakhtunkhwa province, a military statement said on Sunday.

ISLAMABAD, June 3: The inflation rate soared to a new all-time high in Pakistan to 38 per cent in May, making it the highest in the region, according to The News International.

Islamabad, June 1: Pakistan's attempt to solve a debilitating foreign exchange deficit by purchasing energy from Iran could be in jeopardy as a terrorist attack close to their border has cast doubt on future accords, reported Nikkei Asia.

PESHAWAR, May 19: At least one person was killed and three others have been injured after a bomb planted in a motorcycle exploded in Peshawar, Geo News reported on Thursday. The explosion took place when the motorcycle was being repaired on Wednesday in the provincial capital. Peshawar is the sixth largest city in Pakistan and the capital of Khyber Pakhtunkhwa.

ISLAMABAD, May 18: The salaries of supreme court judges are more than those of the president, the prime minister, ministers, federal secretaries and parliamentarians, The News International reported citing the data submitted to the Public Accounts Committee.

ISLAMABAD, May 12: A Pakistani court ordered former Prime Minister Imran Khan's release on bail for two weeks, his lawyer said on Friday, after his arrest in a land fraud case ignited deadly protests and a tussle with the military.

Islamabad [Pakistan], May 13: A division bench of the Islamabad High Court (IHC) on Friday ordered not to arrest Pakistan Tehreek-e-Insaf (PTI) chairman Imran Khan in any case filed after May 9, reported Samaa TV and ARY News. The court also granted the former premier bail for two weeks in the Al-Qadir Trust case.

ISLAMABAD, May 12: At least 10 people have been killed and over 1,750 others injured in Pakistan's clashes between protestors and police since Tuesday following the arrest of former Prime Minister Imran Khan, hospital and police officials sources told Xinhua on Thursday.

ISLAMABAD, May 10: Supporters of Imran Khan were planning to march to Islamabad on Wednesday where the former Pakistan prime minister is in custody in a corruption case, raising fears of more clashes with security forces.

KATHMANDU, April 29: The Embassy of Pakistan, in collaboration with the Hiranya International Library, organized the launching ceremony of a book titled "Nepal-Pakistan Buddhist Relations," authored by former Ambassador Mr. Hiranya Lal Shrestha. The book highlights Pakistan's Buddhist heritage.

KARACHI, April 15: Pakistan announced financial support on Friday from the United Arab Emirates and China totalling $1.3 billion, giving the ailing economy a shot in the arm as it seeks to meet conditions for the resumption of an International Monetary Fund bailout.

JURM, Afghanistan, March 23: At least 13 people were killed in Afghanistan and Pakistan by a strong earthquake felt across thousands of kilometres, but the region appeared Wednesday to have dodged the mass casualties usually associated with a tremor of such scale.

KABUL, March 7: A total of 3,000 Afghan refugees returned to Afghanistan from neighboring Pakistan on Monday, said a statement of Afghanistan's Ministry for Refugees and Repatriation Affairs, released here Tuesday.

QUETTA, Pakistan, March 7: A suicide bomber killed nine police officers and wounded 16 others Monday in an attack on their truck in southwestern Pakistan, officials said.

QUETTA, Pakistan, Jan 29, 2023 (AFP) - At least 40 people died when a bus plunged off a bridge in southwestern Pakistan and burst into flames, a government official said Sunday.

KATHMANDU, Dec 26: The United States has congratulated newly-appointed Prime Minister and CPN (Maoist Center) Chairman Pushpa Kamal Dahal and his coalition on their victory in Nepal's federal elections.

QUETTA, Pakistan, Dec 12: Cross-border shelling and gunfire between Afghanistan and Pakistan killed six Pakistani civilians and one Afghan soldier on Sunday, officials on both sides of the frontier said, with each side accusing the other of starting the fighting.

ISLAMABAD, Nov 28: Pakistan's Taliban said on Monday they have called off a shaky ceasefire agreed with the government in June and ordered fighters to stage attacks across the country.

KARACHI, PAKISTAN, Nov 25: Pakistan named Lieutenant-General Asim Munir as the head of the country's nuclear-armed military, the most powerful institution in a nation seldom far from its next crisis.

KATHMANDU, Nov 16: Nepal defeated Pakistan by 1-0 in the international friendly football match being held at Dasharath Stadium in Tripureshwor on Wednesday.