Former Pakistan PM Nawaz Sharif’s sons’ arrest warrants in Panama Papers scandal-linked cases cancelled

Former Pakistan PM Nawaz Sharif’s sons’ arrest warrants in Panama Papers scandal-linked cases cancelled

Since the Sharif family and their party – the Pakistan Muslim League-Nawaz (PML-N) – are being patronage by the current military establishment, all the cases against them have either been closed or acquitted. | Photo Credit: PTI In a major relief to ex-Pakistan prime minister Nawaz Sharif’s family, an anti-corruption court on March 14 cancelled … Read more

Pakistan central bank’s foreign exchange reserves hit eight-year low

Pakistan central bank’s foreign exchange reserves hit eight-year low

The State Bank of Pakistan’s foreign exchange reserves dipped $11 billion to $5.6 billion from $16.6 billion in January 2022. | Photo Credit: Reuters Pakistan central bank’s foreign exchange reserves plummeted to an eight-year low of over $5.5 billion amidst fear of default, according to a media report on Friday. The forex reserves have dwindled … Read more