For the Pakistani economy, the IMF bailout is key to its economy. In the week ending 25 April, Pakistan’s total foreign exchange reserves stood at $15.25 billion.
Pakistan's Punjab govt has tabled legislation that could see rates as high as 45%. Agricultural income tax hikes among measures prescribed to raise revenue under $7bn IMF bailout deal.
In 2023, Pakistan was grappling with the risk of debt default, unprecedented inflation, record-high yields on government bills, and political instability. But 2024 is all set to be a happy new year.
Data shows China has committed $68.91 bn in long-term loans to Pakistan & that Islamabad secured at least one emergency rescue loan from Beijing each year from 2012 till 2021.
Busting espionage ring targeting Eastern Naval Command leads investigators into honeytrap web across social media platforms; Navy personnel snared by Pakistani woman operatives.
Modern India might have been conjured up in the image of Gandhi. But India was never a Gandhian state. Founders of the Republic, be it Nehru or Patel, nursed zero such notions.
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