Pakistan’s 2025-26 federal budget cuts overall spending by 7% but raises defence expenditure by 20% amid recent conflict with India, aiming to balance economic growth with increased military costs.
Pakistan unveiled its fiscal year 2025-26 budget, reducing total spending to 17.57 trillion rupees ($62 billion) while sharply increasing defence spending by 20% to 2.55 trillion rupees ($9 billion). The budget reflects the government’s response to last month’s deadly clashes with India, focusing on bolstering defence amid efforts to stimulate economic growth. The fiscal deficit is projected to improve to 3.9%, with inflation at 7.5% and growth forecasted at 4.2%. Pakistan faces challenges including IMF conditions and new U.S. trade tariffs, while seeking to maintain stability after recent military tensions.
Start your day informed with AnewZ Morning Brief: here are the top news stories for the 7th of October, covering the latest developments you need to k...
Israelis held a memorial ceremony in Kfar Aza near the Gaza Strip on Tuesday to commemorate those killed and taken hostages by Hamas on 7 October, 202...
Delegations from Israel and Hamas held their first day of indirect negotiations in Egypt on Monday on U.S. President Donald Trump's plan to halt the w...
Indonesian authorities have ended rescue operations on Tuesday at the collapsed Al Khoziny Islamic boarding school in Sidoarjo in East Java, where 61 ...
Heads of state are due to start arriving in the Amazonian city of Belém in a month’s time for the United Nations climate summit, yet much of the in...
The 20 points that U.S. President Donald Trump announced as part of his Gaza plan this week were not in line with the draft proposed by a group of Muslim-majority countries, Pakistani Foreign Minister Ishaq Dar said on Friday.
The Commander of Iran’s Anti-Narcotics Police Brigadier General Iraj Kakavand is in Pakistan to discuss increasing the bilateral cooperation against drug trafficking networks, particularly along their shared border.
Punjab’s rice farmers are increasingly turning to solar-powered tube wells, boosting irrigation efficiency and cutting energy costs, but the rapid shift is raising concerns over groundwater depletion and Pakistan’s long-term food security.
Gunfire broke out during a peace rally in Muzaffarabad, Pakistan-administered Kashmir, on Monday, leaving at least one person dead and more than two dozen wounded, officials said. Some of the injured were in critical condition at local hospitals.
Video from the USGS (United States Geological Survey) showed on Friday (19 September) the Kilauea volcano in Hawaii erupting and spewing lava.
At least eight people have died and more than 90 others were injured following a catastrophic gas tanker explosion on a major highway in Mexico City’s Iztapalapa district on Wednesday, authorities confirmed.
At least 69 people have died and almost 150 injured following a powerful 6.9-magnitude earthquake off the coast of Cebu City in the central Visayas region of the Philippines, officials said, making it one of the country’s deadliest disasters this year.
A powerful 7.4-magnitude earthquake struck off Russia’s Kamchatka Peninsula on 13 September with no tsunami threat, coming just weeks after the region endured a devastating 8.8-magnitude quake — the strongest since 1952.
Authorities in California have identified the dismembered body discovered in a Tesla registered to singer D4vd as 15-year-old Celeste Rivas Hernandez, who had been missing from Lake Elsinore since April 2024.
Start your day informed with AnewZ Morning Brief: here are the top news stories for the 7th of October, covering the latest developments you need to know.
Israelis held a memorial ceremony in Kfar Aza near the Gaza Strip on Tuesday to commemorate those killed and taken hostages by Hamas on 7 October, 2023.
Delegations from Israel and Hamas held their first day of indirect negotiations in Egypt on Monday on U.S. President Donald Trump's plan to halt the war in Gaza, wrestling with contentious issues such as demands that Israel withdraw and Hamas disarm.
Indonesian authorities have ended rescue operations on Tuesday at the collapsed Al Khoziny Islamic boarding school in Sidoarjo in East Java, where 61 people were confirmed dead in the country's deadliest disaster this year.
Heads of state are due to start arriving in the Amazonian city of Belém in a month’s time for the United Nations climate summit, yet much of the infrastructure intended to welcome them remains incomplete.
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