Traders in a restive Afghan province are reluctant to abandon using the Pakistani currency even after local authorities have threatened them with possible arrests.
The aviation minister of Pakistan says his country suffered losses of more than 8 billion rupees ($50 million) because of airspace restrictions put in place earlier this year amid violent clashes with neighboring India.
Markets and wholesale merchants across Pakistan closed on July 13 in a strike by businesses against measures demanded by the International Monetary Fund to crack down on tax evasion and bolster the country's depleted public finances.
The International Monetary Fund (IMF) has given Pakistan a $6 billion, three-year loan requested by Prime Minister Imran Khan's government to help resuscitate the country's ailing economy.
Rising temperatures have already melted nearly half of the major glaciers in Badakhshan's Pamir and Hindu Kush mountain ranges.
Lawmakers and locals in a southern Afghan province say the illegal mining of gold and other precious minerals has dramatically increased in Taliban-controlled regions close to the border with Pakistan.
Pakistan and the International Monetary Fund (IMF) have reached a staff-level agreement on a new three-year, $6 billion bailout package following months of negotiations.
Pakistan and the International Monetary Fund (IMF) have begun the final round of negotiations over the $8 billion rescue package for Islamabad amid a deepening economic crisis.
Chinese President Xi Jinping says his plan to recreate the old Silk Road is designed to increase and enhance international trade cooperation, as he bid to reassure critics of the $1 trillion infrastructure project.
The modernization of Karachi's old downtown is one of a string of projects aimed at revitalizing Pakistan's largest city and economic powerhouse, which has long been plagued by traffic congestion, water and electricity shortages and rampant crime.
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