Pakistan posts Rs1.3tr fiscal surplus in first quarter, down from Rs2.1tr
The primary surplus of 2.1% of GDP already tops the full-year target, but the overall surplus shrank as non-tax revenue fell and interest costs rose 23%.
National
Weekly inflation eases 0.46% on fuel cuts, but annual rate stays at 11.21%
Cheaper petrol and diesel pulled the weekly index down, but tomatoes, eggs, and potatoes rose, and the poorest households saw prices edge up.
Islamabad High Court suspends schedule for capital’s local elections
The court stayed the December 20 polls on a petition over delimitation and asked the Election Commission to reply by November 26.
Security forces kill 74 terrorists in KP and Balochistan, military says
Troops killed 43 in Mir Ali and Orakzai and 31 in Quetta district, the military said, as the president and prime minister praised the operations.
Field Marshal Munir pledges security for mines, miners, and investors
Pakistan will secure mines, miners, and investors and must move from raw exports to refining and manufacturing, the Field Marshal told the minerals forum, as new copper-gold finds were announced in Chagai.
Sindh plans drive to clear encroachments from Karachi’s main roads
University Road and People’s Bus Service routes come first, and illegal bus terminals such as Sohrab Goth’s are to move out of the city, a meeting chaired by Sharjeel Memon decided.
PTA tells internet firms not to sell bandwidth to unlicensed providers
The regulator says bandwidth may go only to licensed operators, and that internet bills must be issued by a licensed company.
Pakistan’s Sukuk issuance passes Rs10tr as Aurangzeb courts foreign buyers
Issuance has more than doubled this year, the finance minister said, but foreign investors have been slow to buy the government’s Islamic bonds.
CEC accuses federal government of trying to sabotage Islamabad local polls
Sikandar Sultan Raja said the government had barred teachers from poll duty, and insisted the December 20 elections would go ahead.
Imran tells the PTI to stand firm on its ideology, Raja says
The PTI’s secretary general relayed the message after lawyers met Imran Khan in Adiala jail. Rana Sanaullah said the meeting had nothing to do with the proposed 28th Amendment.
