Meanwhile, Pakistan is contesting the fiscal gap in achieving the primary deficit. Pakistani authorities have asked the IMF for incorporating flow of reduction under the revised Circular Debt Management Plan (CDMP) and reduced the amount of required additional subsidy of Rs 605 billion again
The package pulled USD 425 million from existing Defence Department stocks, and USD 1.75 billion in Ukraine Security Assistance Initiative funds. The new package marks USD 29.3 billion provided to Ukraine since Russia's started its military operation last February.
Gautam Adani's wealth had declined 21.77 per cent or USD 16.2 billion on Friday. The current net worth of the industrialist was USD 581.1 billion at 1.23 pm (IST) in the afternoon.
The issues facing the NJHP project indicate a deeper problem in Pak-China cooperation in the power sector. Pakistan owes around PKR300 billion to the Chinese independent power producers (IPPs) and the liability has become a sore point in the bilateral relations.
"In a way, the extended finance facility of seven billion dollars that Pakistan seeks from IMF is no different from our own UDAY 1, UDAY 2 schemes but the context is quite different," the former diplomat told ANI.
Sharif said that the nation wants the KP government to be held accountable for the rise of terrorism in the province and the money could have been used to enhance terror-combatting abilities.
Taipei [Taiwan], February 2 (ANI/PRNewswire): TAISYS announced SIMGap® mobile hardware wallet, a SIM-sized and open-source hardware wallet with NIST FIPS 140-2 Level 3 certification. With the SIM being the universal standard form factor that is compatible with billions of mobile devices
Taipei [Taiwan], February 1 (ANI/PRNewswire): Global AI and AIoT are booming, market research agencies predict that there will be as many as 29 billion IoT edge devices in the world by 2030. With such a large volume of edge devices, it is necessary to consider not only remote management, but
Even though that Rakhine's natural resources are exported to China for billions every year by successive Myanmar governments, Rakhine state is the second poorest state in Myanmar and has one of the highest unemployment rates.
Reliance Industries Chairman Mukesh Ambani overtook Adani Group chairman Gautam Adani to become the richest Indian in the world with his net worth of USD 84.3 billion, according to Forbes real-time tracker of billionaires for 2023.
New Delhi [India], February 1 (ANI/PRNewswire): The journey of one design firm originated with three friends, a small office space, and a few chairs in one remote corner of Delhi. Today, D'Art is a big dream uniting 200+ people spread across cities and continents. From the mark of 5 million