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Saturday, May 13th, 2023

 

IMF wants Pakistan to ‘do more’ before staff-level agreement

ISLAMABAD, May 13 (DNA): The International Monetary Fund has demanded Pakistan ‘do more’ before agreeing on the staff-level agreement for resumption of a billion-dollar loan program. Despite receiving confirmation from Saudi Arabia and the United Arab Emirates (UAE), the IMF has now asked Pakistan to arrange $8 billion in fresh loans to back the external debt repayments during the next seven months for a successful completion of the long-stalled ninth review bailout package. Pakistan has to satisfy the IMF regarding repayment arrangements for loans worth $8 billion by December 2023.Read More


Arms, military machinery exhibition in Minsk from May 17

DNA MINSK: The organizers are the State Military Industrial Committee of the Republic of Belarus, Defense of the Republic of Belarus, the republican unitary enterprise «National Exhibition Center «BelExpo» of the Office of the President of the Republic of Belarus. According to the scale of the tasks to be solved, the composition and level of participants, the exhibition infrastructure, «MILEX» is traditionally among the largest specialized congress and exhibition events in Europe. The main purpose of the exhibition is to present the products of the Belarusian defense industry, new developmentsRead More