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IMF mission to travel to Pakistan for dialogues on ninth review

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IMF mission to travel to Pakistan for dialogues on ninth review

A mission of the International Monetary Fund (IMF) will travel to Pakistan from January 31 to February 9 after talks between Islamabad and the international lender scheduled.

The IMF mission will hold talks with Pakistani authorities on ninth economic review and the targets given to Pakistan will be reviewed. The IMF mission was requested to visit Pakistan by the Ministry of Finance.

In order to continue discussions regarding the country s ninth review under its $7 billion Extended Fund Facility (EFF) programme.

The review, which would release $1.18 billion in funding, has been delayed for two months due to disagreements between the government and the IMF over certain conditions.

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IMF Resident Representative for Pakistan Esther Perez Ruiz in a statement issued on Thursday said that the mission will focus on policies to improve Pakistan s domestic and external sustainability, including measures to strengthen the fiscal position, revive the power sector, and stabilise the foreign exchange market.

She also emphasized the importance of stronger policy efforts and reforms in order to reduce uncertainty and support Pakistan s sustainable development.

On Wednesday, Federal Minister for Finance and Revenue Mohammad Ishaq Dar apprised the United States’ delegation on the economic priorities of the government to fix the economy towards the right path while fulfilling its international obligations.

Mr. Robert Kaproth, Deputy Assistant Secretary of the US Department of the Treasury for Asia called on the said minister at Finance Division, said a press release, issued here.

Senior Macro-economist for the Department of Treasury for Pakistan Ms. Eva Ghirmai, Financial attache’ Ms. Larita Bolden, Minister of State for Finance and Revenue Dr. Aisha Ghous Pasha, SAPM on Finance Mr. Tariq Bajwa, Secretary Finance and senior officers from Finance Division attended the meeting.

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Finance Minister Senator Mohammad Ishaq Dar welcomed Mr. Robert Kaproth and apprised the former on the economic outlook of the country.

He apprised the present government inherited a weak economic legacy and said that despite challenging economic conditions, the government was focusing on fixing things in the right direction and introducing reforms in all sectors including the energy sector and capital market to achieve economic growth and development.

He said that due to pragmatic measures taken by the government, the country was destined for progress and development.

The finance minister also shared with Mr. Robert Kaproth the damages caused by the floods in Pakistan and their impact on the economy of Pakistan.

He stressed that the government was handling all challenges with complete commitment. Meanwhile, Mr. Robert Kaproth underscored good relations between Pakistan and the United States. He further expressed confidence in the policies and programs of the government for economic and financial stability.

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He further extended his support and cooperation on economic and financial issues. The finance minister extended gratitude to Mr. Robert Kaproth for their support and cooperation.

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Anchorperson Imran Riaz released after court dismisses charges against him

Anchorperson Imran Riaz released after court dismisses charges against him

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Anchorperson Imran Riaz released after court dismisses charges against him

 YouTuber and anchorperson Imran Riaz has been released following a court order that discharged him from charges of interference in official duties.

Imran Riaz’s lawyer, Mian Ali Ashfaq, confirmed the news on his official X (formerly Twitter) account.

Media reports indicate that on May 29, Chief Justice of Islamabad High Court, Justice Aamer Farooq, allowed Imran Riaz to perform Hajj. However, despite the court’s permission, he was barred from travelling to Saudi Arabia for Hajj on June 3 and had to return home, stating his intent to seek court intervention again.

On June 12, the Islamabad High Court once more permitted Imran Riaz to proceed with Hajj. Yet, on the same day, he was arrested at Lahore Airport, clad in ihram, just as he was about to depart.

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A case under Section 406 for breach of trust was filed against him, but the Model Town Court in Lahore dismissed these charges on June 13. Nonetheless, he was rearrested in connection with another case.

This time, Imran Riaz was accused in a case registered at Sarwar Road Police Station in Lahore for allegedly interfering with official duties by forcibly driving his vehicle through an airport checkpoint, damaging a barrier.

However, on June 14, the Cantt Court in Lahore discharged Imran Riaz from the interference charges, leading to his release as per the court’s order.

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Health insurance for 5,000 journalists on cards: Tarar

Health insurance for 5,000 journalists on cards: Tarar

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Health insurance for 5,000 journalists on cards: Tarar

Federal Information Minister Atta Tarar announced that health insurance for 5,000 journalists will be ensured in the first phase.

While addressing the media at the press club, Tarar stated that the government is committed to the welfare of journalists. He underlined the need to work together to serve the country. He also asserted the government’s belief in freedom of expression while stopping misinformation.

Also read: PPP standing with journalists over defamation law: Hassan Murtaza

Tarar highlighted that everyone must play a part in ending fake. He mentioned that a long meeting with journalists will be held soon saying that his doors are always open for them.

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Furthermore, Atta Tarar said that the government will ensure a minimum wage of Rs 37,000

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Political parties must prioritise country’s progress: President Zardari

Political parties must prioritise country’s progress: President Zardari

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Political parties must prioritise country's progress: President Zardari

 President Asif Ali Zardari has emphasised that political parties must prioritise the country’s progress and prosperity by fulfilling their democratic and constitutional responsibility.

He was talking to Interior Minister Mohsin Naqvi, who called on him in Islamabad on Friday.

The president said we must only think about Pakistan and put aside personal differences.

He stressed the need to take Pakistan forward and everyone has to play his role in this regard.

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Speaking on the occasion, the Interior Minister said any challenge can be tackled through the power of unity and solidarity.

Besides, matters of mutual interest and country’s overall situation were discussed in the meeting.

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