Wednesday, March 26th, 2025
IMF, Pakistan reach 1st staff level agreement under EFF
ISLAMABAD, Mar 26 (APP):The International Monetary Fund (IMF) Staff and the Pakistani authorities have reached a staff-level agreement on the first review under Pakistan’s 37-month $7bn Extended Fund Facility (EFF) and on a new 28-month $1.3bn arrangement under the Resilience and Sustainability Facility (RSF), Advisor to Finance Minister, Khurram Schehzad said here on Wednesday. Upon Board approval, Pakistan will have access to about $1bn under the EFF, bringing total disbursements under the EFF to about $2bn, Advisor to Finance Minister, Khurram Schehzad on X. He said, Pakistan was making significantRead More
Emergency services alerted as LPG tanker overturns near Kot Addu
Muzaffargarh , Mar 26 (APP):A massive emergency unfolded near Kot Addu as a 31-ton LPG gasoline tanker lost balance and overturned on the roadside near Lal Mir, creating a hazardous situation. The incident sent emergency services into high alert as police, Rescue 1122, and fire brigade teams rushed to the scene to prevent a potential catastrophe.Upon receiving the news, Deputy Commissioner Kot Addu Manwar Abbas Bukhari reached the accident site to oversee the situation. He was briefed by Assistant Commissioner Kot Addu Asghar Iqbal Leghari and the on-ground rescue teamsRead More
Senior journalist Waheed Murad ‘abducted’ from Islamabad residence
ISLAMABAD, MAR 26: Senior journalist Waheed Murad was allegedly abducted from his home in Islamabad early on Wednesday morning. According to his wife, masked men in black uniforms forcibly entered the house at around 2am and whisked him away in a black “dala”. Speaking to Geo News, Murad’s wife said that the men knocked on the door and accused her husband of being an Afghan. When Murad denied the claim and slid his identity card under the door as proof, they forcibly broke in. She added that the men, dressedRead More
Pakistan face humiliating 4-1 T20I series defeat against New Zealand
WELLINGTON: New Zealand secured a dominant eight-wicket win in the final T20I of the five-match series against Pakistan at Sky Stadium on Wednesday, delivering a commanding performance. The home side comfortably chased down a modest score of 128 given by the visitors, knocking winning runs for the loss of just two wickets and 60 balls to spare, courtesy of a blazing opening stand between Tim Seifert and Finn Allen. The duo added a quickfire 93 runs until Allen was dismissed by Sufiyan Muqeem in the seventh over. He scored 27Read More
Uzbekistan’s Termez hub joins UNHCR global supply network
TASHKENT, MAR 26: /DNA/ – The International Multifunctional Transport and Logistics Hub in Termez has officially been granted the status of a warehouse within the Global Supply Network United Nations High Commissioner for Refugees (UNHCR). Last month, a ceremony marking this achievement was held at this Center in Termez, attended by key officials, including the Special Representative of the President of Uzbekistan for Afghanistan Mr. Ismatulla Irgashev; Deputy Special Representative of the UN Secretary-General for Afghanistan Mr. Indrika Ratwatte; UN Resident Coordinator in Uzbekistan Ms. Sabine Machl; Acting Regional RepresentativeRead More
Finance and Revenue Minister Senator Muhammad Aurangzeb Calls for Inclusive and Equitable Globalization at Boao Forum for Asia 2025
ISLAMABAD, MAR 26 (DNA):Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb has emphasized the urgent need for an inclusive approach to globalization, one that benefits all nations, particularly the developing economies. He made this call while attending a high-level session titled ‘Inclusive Globalization That Benefits All – Pathways and Actions’ at the Boao Forum for Asia Annual Conference 2025, held in Boao, Hainan Province, China. Highlighting the growing inequalities within the global economic system, the Minister stated that while globalization has lifted over one billion people out of poverty,Read More