Tag Archives: economic stability

Massive Gain of Pakistani Rupee in Interbank Market After IMF Deal

The Pakistani rupee witnessed a significant surge in the interbank market on Tuesday, following a breakthrough deal with the International Monetary Fund (IMF). Bullish Trend in Currency Market Inspired by Pakistan Stock Exchange (PSX) Taking inspiration from the remarkable 5.9% surge in the Pakistan Stock Exchange (PSX) during the first trading session on Monday, the… Read More »

Pakistani Military Takes Action Against Officers Involved in May 9 Incident

The Inter-Services Public Relations (ISPR) Director General (DG), Maj-Gen Ahmed Sharif, announced on Monday that the Pakistani military has initiated a “self-accountability process” in response to the events of May 9. The DG ISPR revealed that three army officers, including a lieutenant general, have been dismissed from their positions as a result of this process.… Read More »

Greek Conservative Leader Kyriakos Mitsotakis Set to Win Second Term as Prime Minister

Greek conservative leader Kyriakos Mitsotakis is poised to secure a second term as prime minister and obtain a majority in parliament, according to preliminary results. A Decisive Victory for Kyriakos Mitsotakis In May, Mitsotakis emerged victorious against his center-left rival, Syriza. However, he called for new elections in order to secure enough seats to govern… Read More »

Pakistan Peoples Party Criticizes Government’s Economic Team for Neglecting 2022 Flood Victims

Pakistan Peoples Party (PPP) Chairman and Foreign Minister Bilawal Bhutto-Zardari has expressed his discontent with the government’s economic team, highlighting the absence of funds allocated for the 2022 flood victims in the recent federal budget presented by Finance Minister Ishaq Dar. In a recent development, Finance Minister Dar unveiled a budget of Rs14.5 trillion (approximately… Read More »