Pakistan

11 July 2023; MEMO: Pakistan has received $2 billion in financial assistance from Saudi Arabia, days after Islamabad and the IMF reached a $3 billion stand-by agreement, the country's Finance Minister announced on Tuesday, Anadolu Agency reports.

ISLAMABAD, July 11 (APP): Prime Minister Muhammad Shehbaz Sharif on Tuesday thanked the Saudi leadership for their generous and unwavering support for Pakistan, which, he said, was particularly instrumental in securing the deal with the International Monetary Fund (IMF).

The prime minister was talking to Ambassador of Kingdom of Saudi Arabia Nawaf bin Saeed Ahmad Al-Malkiy who called on him, PM Office Media Wing said in a press release.  

ISLAMABAD, July 11 (Xinhua) -- At least six people were killed and nine others injured in monsoon rain-triggered flash floods during the last 24 hours in Pakistan, the National Disaster Management Authority (NDMA) said.

Three women and a child were among those who lost their lives in separate flood-related incidents, according to an NDMA report released Monday.

The total death toll in Pakistan from this season's monsoon rains and floods that started on June 25 has risen to around 86, along with 151 injured, the NDMA said.

ISLAMABAD, July 5 (APP): Prime Minister Muhammad Shehbaz Sharif on Wednesday said that the last ten years were an inspirational story of how President Xi Jinping’s vision of “Iron Brotherhood” converted into the completion of projects under the China-Pakistan Economic Corridor (CPEC) framework.

ISLAMABAD, July 4 (Xinhua) -- Pakistani rupee gains significant strength against the U.S. dollar following Pakistan's staff-level agreement with the International Monetary Fund (IMF) as the greenback was being traded at 275.44 rupees in the interbank market on Tuesday, according to the State Bank of Pakistan.

The U.S. dollar closed at 285.99 rupees on June 27, and it went down on Tuesday after the local currency appreciated by 10.55 rupees or about 3.83 percent against the U.S. dollar, official figures showed.

ISLAMABAD, July 3 (APP): President Dr Arif Alvi on Monday said that he held good meetings with Bangladesh President Shahabuddin in Makkah, Mina and Madina.

On his Twitter handle, the president posted twin pictures and informed that in white was his childhood friend Salman Rehman, who is now a Member of Parliament, Minister and Advisor in Bangladesh.

“We met after 60 years (yrs). Blessings of Allah will do wonders for our relationship,” he further added.

The president has been in the Kingdom of Saudi Arabia to perform Hajj.

ISLAMABAD, July 3 (APP): The Organization of Islamic Cooperation (OIC), in an extraordinary meeting, held at Jeddah General Secretariat, has strongly condemned the recent despicable aggression against the sanctity of the copies of the Holy Quran, on the first day of Eid al-Adha, outside the central mosque in the capital city of Stockholm, Kingdom of Sweden.

Islamabad, Jul 3 (PTI) Debt-trapped Pakistan will become the fourth largest IMF borrower in the world after receiving a fresh loan of USD 3 billion in the next nine months under the standby arrangement reached with the global lender.

Pakistan, which is facing its worst economic crisis since independence from Britain in 1947, was on March 31, 2023, ranked fifth in the list of countries with the highest borrowing from the International Monetary Fund (IMF), The Express Tribune newspaper reported, citing the global lender's data.

QUETTA, Pakistan (AP) — A group of militants ambushed troops during a search operation against insurgents in a remote area in southwestern Pakistan, triggering a shootout that left an army major and a junior officer dead, the military said Monday.

There was no immediate claim of responsibility for Sunday’s ambush near Balor in Baluchistan province, but Pakistani Taliban and small separatist groups have claimed similar attacks in the past.

The military identified the two killed as Saqib Hussain and Naik Baqir Ali. Another soldier was injured, the statement said.

MIRPUR (AJK): Jul 02 (APP) : While voicing their grave concern over the continual illegal detention of Kashmiri prisoners in Indian as well as Occupied Kashmir’s jails, speakers at a seminar held on the sidelines of the 53rd session of the UN Human Rights Council (UNCHR) in Geneva late Saturday, said that thousands of detainees lodged in different jails in and outside the Valley was getting worse with every passing day.