Latest News

PM Shehbaz summons SIFC apex committee meeting today

Published by
Digital Desk

ISLAMABAD: Prime Minister Shehbaz Sharif convened a meeting of the apex committee of the Special Investment Facilitation Council (SIFC) on Thursday.

Shehbaz Sharif will preside over the meeting of the Apex Committee regarding bringing foreign investment into the country. The issues related to investment in the country will be reviewed.

The former Caretaker Prime Minister Anwaar-ul-Haq Kakar and the caretaker cabinet have also been invited to attend the meeting with COAS General Asim Munir and other senior officials.

READ MORE: IMF, Pakistan reach staff-level agreement on final bailout review

Yesterday, the agreement was reached between Pakistan and the International Monetary Fund (IMF) under which Pakistan will get $1.1 billion following approval by the IMF’s Executive Board as part of a $3 billion bailout that has been agreed at the staff level.

The agreement acknowledges the caretaker government’s and the State Bank of Pakistan’s excellent program implementation in recent months, as well as the new government’s plans for continued policy and reform initiatives to transition Pakistan from stabilization to a robust and long-lasting recovery.

Digital Desk

Recent Posts

IMF projects higher inflation than government’s target

ISLAMABAD (Rizwan Abbasi): The International Monetary Fund (IMF) has projected that Pakistan’s average inflation rate…

46 minutes ago

PM Shehbaz condemns attacks on KSA, reaffirms Pakistan’s solidarity

ISLAMABAD: Prime Minister Shehbaz Sharif on Tuesday strongly condemned the recent attacks on Saudi Arabia,…

1 hour ago

Gold prices drop by Rs5,600 per tola in Pakistan

KARACHI: The gold prices in Pakistan have been reduced to Rs 424,136 following a reduction…

2 hours ago

When will Safar moon be sighted? SUPARCO predicts

ISLAMABAD: According to Pakistan Space and Upper Atmosphere Research Commission (SUPARCO), the new moon of…

3 hours ago

11 died as house collapses in Kohat after heavy rains

KOHAT: A residential house collapsed due to heavy rain in the Malgin area of ​​Lachi…

4 hours ago

Alternative to the Strait of Hormuz Ready: UAE Decides to Build New Port

ABU DHUBAI: The United Arab Emirates has prepared a plan to establish a new multi-purpose port…

4 hours ago