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Miftah blames Dar for sabotaging IMF deal

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Blaming Finance Minister Ishaq Dar for sabotaging the deal, PML-N leader Miftah Ismail claimed that International Monetary Fund (IMF) was not interested in releasing money to Pakistan as the Washington-based lender had no trust in Islamabad government.

Speaking during a session titled ‘Pakistan in the Midst of Crisis’ organised by a private university in Karachi, former finance minister said when he was heading the Ministry of Finance he spoke to the IMF officials and assured them that Paki¬stan would not make false statements or violate the agreement; however, when Ishar Dar was sworn in ‘he sabotaged the agreement’.

He recalled that Pakistan had three times made sovereign commitments and then backtracked on them. “Now the IMF is not interested in giving money to Pakistan,” he said, emphasising that the Fund doesn’t trust the government in Islamabad.

Pakistan continues to woo the International Monetary Fund (IMF) to secure the much-needed bailout from the global lender. Pakistan is now the only South Asian country that’s yet to secure a bailout from the multilateral lender as Sri Lanka clinched financing this week and Bangladesh pushes on with carrying out IMF-mandated reforms.

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Pakistan has taken tough measures including increasing taxes and energy prices, and allowing its currency to weaken to restart a $6.5 billion IMF loan package. The funds will offer some relief to a nation still reeling from a dollar shortage that has raised the probability of the economy slipping into a recession ahead of elections this year.

Regarding the petrol relief subsidy announced by the government on Sunday, Miftah said that he believed this formula would not be effective. “We provide subsidies on petrol by taking loans,” he said.

Miftah warned that if Pakistan defaulted it would have grave consequences for the country as people belonging to the rich segment will bear the brunt but the poor people won’t be able to make ends meet.  

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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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