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Tuesday, June 27th, 2023

 

Pakistan trying to get $2.6bn in pending funding from IMF, says Ishaq Dar

ISLAMABAD, JUN 27: Finance Minister Ishaq Dar said on Tuesday that the government was working to find a mechanism to get the full $2.6 billion in pending finances under a loan programme with the International Monetary Fund (IMF). The minister’s statement comes as Pakistan continues to negotiate with the IMF for the completion of a ninth review of the $6.5 billion Extended Fund Facility agreed in 2019 and the release of a $1.2bn tranche. The review has been pending since October and the government is hopeful of its completion soonRead More


Ali Muhammad Khan re-arrested for sixth time

MARDAN, JUN 27 (DNA) — Pakistan Tehreek-e-Insaf (PTI) leader Ali Muhammad Khan has been re-arrested for the sixth time after being released from jail. The judge of an anti-corruption court approved the bail of PTI leader Ali Muhammad Khan today. The Anti-Corruption Establishment (ACE) arrested Khan again in another case. Khan was immediately arrested by the ACE officials at the jail gate. A new corruption case was lodged against the PTI leader yesterday for alleged financial irregularities in development projects. Former minister Muhammad Atif, Tufial Anjum and others were alsoRead More


Post census survey to commence from July 8

ISLAMABAD, JUN 27 (DNA) — The Census Monitoring Committee (CMC) has decided to start Post Enumeration Survey from 8th July, 2023 for validating the provisional data collected during the country’s first-ever digital census. According to details, the decision was taken during 16th Meeting of Census Monitoring Committee (CMC), chaired by Minister of Planning, Development and Special Initiatives, Ahsan Iqbal. It was decided to conduct enumeration in three (3) districts of Kohistan that are remaining and snow-bound areas of KP, AJ&K and GB from 8th July, 2023. The meeting was attendedRead More


PM Shehbaz hopes for IMF decision in a day or two

ISLAMABAD, JUN 27: Prime Minister Shehbaz Sharif held a phone call with International Monetary Fund (IMF) Managing Director Kristalina Georgieva on Tuesday during which he expressed hope that the lender would announce a decision pertaining to the release of bailout funds within a day or two. Pakistan’s ninth review by the IMF under the 2019 Extended Fund Facility (EFF) for the release of a $1.2bn tranche is still pending with fewer than 10 days remaining the programme’s expiry on June 30. The country was expected to get around $1.2bn fromRead More


Imam of Hajj calls on Ummah to keep unity and harmony

–Millions ascend Mount Arafat for record-breaking Hajj climax MAIDAN-E-ARAFAT, JUN 27 (DNA) — Imam of Hajj Sheikh Dr Yousaf bin Muhammad bin Saeed has called for unity among Muslim Ummah as nearly three million faithful chant Labbaik Allahumma Labbaik in the Arafat Plain to perform the Rukn-e-Azam Waqoof-e-Arafat which marks climax of the Hajj on Tuesday.  Delivering Hajj sermon at Masjid-e-Nimra at Maidan-e-Arafat, Sheikh Dr Yusuf bin Muhammad bin Saeed, who is also a member of the Council of Senior Scholars, called for unity among the Muslim Ummah and askedRead More


LUMS celebrates Graduating Class at Convocation 2023

1,453 graduates from all five schools at LUMS were awarded degrees at the Convocation Lahore, JUN 27 /DNA/ – The LUMS Class of 2023 came together to celebrate the memories they created during their time at the University. 1,453 graduates from all five schools at LUMS were awarded degrees at the Convocation in the presence of the University’s senior leadership including Founding Pro Chancellor, Syed Babar Ali; Pro Chancellor, Mr. Abdul Razak Dawood; Rector, Mr. Shahid Hussain; Vice Chancellor, Dr. Arshad Ahmad, members of the Board of Trustees; Deans; faculty,Read More