On Wednesday, Pakistan and Uzbekistan reaffirmed their commitment to advancing regional economic integration by completing the Strategic Partnership Agreement as soon as possible. A bilateral meeting between Uzbek President Shavkat Mirziyoyev and Caretaker Prime Minister Anwaar-ul-Haq Kakar held on the fringes of the 16th Summit of the Economic Cooperation Organization (ECO) being held in this […]Read More
Pakistan has signed a long-term oil purchase agreement with Russia under which local refineries will buy oil directly. Significant progress has been made in the matter of buying cheap oil from Russia. And Pakistan has entered into a long-term agreement with Russia. Under which local refineries will be able to buy oil directly. Russia also […]Read More
BEIJING: The Chinese foreign minister claimed that after a settlement was mediated by China, Iran and Saudi Arabia proceeded to take steps to normalize their relations, resulting in the emergence of a “wave of reconciliation” in the Middle East. According to a statement released by Minister Wang Yi on Monday, China “appreciates the correct decision […]Read More
ISLAMABAD: Prime Minister (PM) Shehbaz Sharif reiterated his call for the nation to unite on Charter of Economy to ensure the consistency of economic policies and put the country on the course towards progress and prosperity. The PM, addressing the groundbreaking ceremony of Islamabad Model Special Economic Zone, the prime minister said the government would abide […]Read More
LAHORE: The International Monetary Fund (IMF) held meetings with major political parties, including the opposition Pakistan Tehreek-e-Insaf (PTI) to seek assurances of their support for the new deal. An IMF team led by country representative Ester Perez Luis visited PTI Chairman Imran Khan at his residence in Zaman Park area of Lahore. IMF mission chief […]Read More
Agreement between Pakistan and IMF. IMF Reaches Staff-level Agreement with Pakistan on a US$3 billion Stand-By ArrangementRead More
ISLAMABAD: Pakistan has sent the draft of Inter-Governmental Agreement (IGA) to the UAE for an official nod from authorities concerned in Abu Dhabi. Once it is approved, negotiation for a commercial agreement for the import of Mogas under GtG mode will start between officials of Pakistan State Oil (PSO) and Abu Dhabi National Oil Company […]Read More
ISLAMABAD: Former interior minister Sheikh Rasheed on Friday claimed that an agreement has reached for general elections in October and an announcement in this regard will soon made. In a statement on Twitter, the chief of Awami Muslim League (AML) said that all but JUI-F chief Maulana Fazlur Rehman is against the proposal. Also Read: […]Read More
ISLAMABAD: Prime Minister (PM) Shehbaz Sharif on Thursday promised the nation that his government would release “details soon” regarding the previous PTI regime’s deal with the International Monetary Fund (IMF). His message on Twitter comes a day after the government raised the fuel prices massively, with petrol reaching Rs233.89. Also Read: Imran Khan says, If […]Read More
ISLAMABAD: The political crisis in the country is looming over the ongoing staff-level review talks between IMF and Pakistan. A decision on the next loan tranche is likely after an outcome on confidence move due later this month, officials said on Monday. With no possibility of striking staff-level agreement the fate of no-confidence move is […]Read More
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