The International Monetary Fund’s board has given its approval to a significant bailout program of $3 billion for Pakistan. This move includes the immediate disbursement of approximately $1.2 billion, aimed at stabilizing the economy of this South Asian nation. Last month, Pakistan and the IMF reached a staff-level agreement, securing a short-term pact that provided… Read More »
Pakistan’s Foreign Minister Bilawal Bhutto-Zardari highlights the need for economic progress and rejects Cold War-style politics in his speech delivered during his official visit to Japan. ISLAMABAD: Foreign Minister Bilawal Bhutto-Zardari emphasized that Pakistan, as a developing country facing significant economic and environmental challenges, does not have time for the resurgence of bloc politics reminiscent… Read More »
Amidst the prevailing power crisis in the country, the Water and Power Development Authority (WAPDA) and Sheikh Ahmed Dalmook Al Maktoum’s private office from the United Arab Emirates (UAE) have joined hands to undertake strategic projects in Pakistan’s energy sector. This collaboration, marked by the signing of two significant Memorandum of Understanding (MoUs) on Sunday,… Read More »
Prime Minister Shehbaz Sharif is actively seeking to attract Turkish investors and businessmen to expand their investment in various sectors of Pakistan. During his visit to Turkey for President Recep Tayyip Erdogan’s swearing-in ceremony, PM Sharif held separate meetings with representatives from several companies, emphasizing the potential for investment and job creation in Pakistan. Establishing… Read More »