Showing posts with label update. Show all posts
Showing posts with label update. Show all posts

Wednesday, March 20, 2024

IMF Endorses Economic Boost for Pakistan with $1.1 Billion Aid

Illustration of Pakistan’s map with a symbolic representation of 1.1 billion dollars, encircled by a diverse group of people signifying the nation’s population.

Pakistan’s Economic Horizon Brightens with $1.1 Billion from IMF

In a landmark move, the International Monetary Fund (IMF) has signaled its readiness to bolster Pakistan's economy with a substantial financial infusion. The The International Monetary Fund has provisionally agreed to disburse $1.1 billion, contingent upon a thorough assessment and pending this action highlights Pakistan’s dedication to adhering to the Stand-By Arrangement (SBA) guidelines and the interim government’s proficient handling of economic policies.The incoming administration has committed to maintaining and enhancing the current economic strategies, setting Pakistan on a trajectory towards sustained and robust economic vitality. 

IMF’s Provisional Aid of $1.1 Billion: A Milestone for Pakistan’s Economy

Nathan Porter led the IMF delegation to Islamabad, where they engaged in productive talks concerning the economic policies of Pakistan underpinned by the Stand-By Arrangement (SBA). The tentative agreement acknowledges Pakistan's economic resurgence, marked by rising growth rates and strengthened confidence among investors, attributed to prudent fiscal strategies and revitalized global backing.  Pakistan grapples with economic hurdles, including modest growth projections, inflation surpassing projections, and the ongoing imperative for reforms to mitigate persistent fiscal frailties.

Economic Revival on the Cards: IMF’s $1.1 Billion Pledge to Pakistan

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The officials are resolute in their goal to meet the primary balance target for the general government in fiscal year 2024 and to expand the scope of tax collection. They also intend to persist with prompt adjustments to electricity and gas tariffs to ensure average rates align with cost recovery, all while safeguarding the less fortunate via graduated tariff frameworks., thus avoiding any net circular debt accumulation in FY24.


Pakistan: IMF Reaches Staff-Level Agreement on the Second and Final

IMF says it reaches a staff level agreement with Pakistan to disburse

Pakistan, IMF reach staff-level agreement on first bailout review.

#IMFSupport #PakistanEconomy #FinancialAid #EconomicRecovery #FiscalHealth #EconomicBoost #IMFAgreement #FinancialInfusion #EconomicPolicy #SustainableGrowth #InvestorConfidence #EconomicReform #StandByArrangement #GovernmentManagement #InflationControl #DebtManagement #EconomicResilience

Friday, October 8, 2021

Sukkur NAB files against education District Education Officer

 SUKKUR: The NAB Sukkur on Wednesday documented a reference against District Education Officer and 17 different authorities of the Education Department, Naushehro Feroze, for naming 95 individuals against instructing and non-showing positions contrary to rules and laws. The NAB Sukkur had enrolled a FIR against 18 officials of the Education Department, Naushehro Feroze for making 95 phony arrangements contrary to rules and laws and by accepting hush money. The NAB group examined and reasoned that from 2007 to 2014, District Education Officer Naushehro Feroze, Ramzan Sahatto and his staff named 95 phony representatives from grade 2 to 15 on instructing and non-showing positions disregarding rules and laws. The Bureau on Wednesday documented a reference in the Accountability Court, Sukkur, which deferred the meeting.

what is NAB? National Accountability Bureau (NAB) Sukkur

Officially Website NAB

Phone: +92-71-9310152
Fax: +92-71-9310022

Reference THENEWS

The Board of Intermediate and Secondary Education (BISE) Sukkur Board

SUKKUR: The Board of Intermediate and Secondary Education (BISE) Sukkur on Monday declared that it has informed all heads of organizations, subsidiary with the board, that the enlistment types of class First Year or HSC Part-I (XI-Class) could be submitted till October 22, 2021. BISE Secretary Rafique Ahmed Palh said that in the event of inaccessible of "B-Form" enlistment types of class 10th (science and general gathering) could be submitted without "B-Form" yet the candidates will undoubtedly present the "B-Form" with in three months to the segment concerned. She said that after the submission of "B-Form", the board will actually want to give enlistment cards to the individual competitors.