Newsroom

Indian defence analyst Pravin Sawhney has argued that Pakistan could play a major role in the emerging world order, describing a multipolar system in which each region is shaped by a key state that acts as a centre of balance, wisdom and influence.

Pakistan wants early approval of its next IMF tranche as the country heads into another programme review next month. The move is aimed at protecting reserves, reassuring investors and sustaining a still-fragile sense of economic stability.

Pakistan’s electricity shortages eased after a sharp rise in hydropower generation, cutting outages in some areas from around six hours a day to less than three and giving the country’s strained grid a measure of temporary relief.

Pakistan is accelerating plans to return to international capital markets, with Finance Minister Muhammad Aurangzeb using meetings in Washington to outline a diversified borrowing strategy that includes Eurobonds, a Panda bond and liability management tools.

Britain has removed Gilgit-Baltistan from the restricted section of its Pakistan travel advice, easing a notable warning on the country’s mountainous north in a move which could positively affect tourism, insurance and international perceptions of the region.